Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 482

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 482
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 absence of an active market, fair values are determined based on prevailing market rates such as bid and ask prices, as appropriate, for instruments with similar characteristics and risk profiles or internal or external valuation models, such as option pricing models and discounted cash flow analysis, using observable market inputs when available.

Fair values determined using valuation models require the use of assumptions concerning the amount and timing of estimated future cash flows and discount rates. In determining those assumptions, the partnership looks primarily to external readily observable market inputs such as interest rate yield curves, currency rates, and price and rate volatility as applicable.

  Brookfield Business Partners      F-35  

Table of Contents

BROOKFIELD BUSINESS PARTNERS L. P.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

As at December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022

The following table provides the details of financial instruments and their associated financial instrument classifications as at December 31, 2024:

  (US$ MILLIONS)                                                                                                                                      
  MEASUREMENT BASIS                                                 FVTPL               FVOCI                 Amortized cost                          
  Financial assets                                                                                                                                    
  Cash and cash equivalents                                         $            —      $              —      $                    3,239       3,239  
  Accounts and other receivable, net (current and non-current)      —                   —                                          6,279       6,279  
  Financial assets (current and non-current) (1)                    937                            4,767                           6,667      12,371  
  Total (2)                                                         $          937      $          4,767      $                   16,185      21,889  
  Financial liabilities                                                                                                                               
  Accounts payable and other (current and non-current) (1) (3)      $          170      $            187      $                    8,194       8,551  
  Borrowings (current and non-current)                              —                   —                                         38,862      38,862  
  Total                                                             $          170      $            187      $                   47,056      47,413  

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(1) FVOCI and FVTPL include derivative assets and liabilities designated in hedge accounting relationships. Refer to Hedging Activities in Note 4 (a) below.

(2) Total financial assets include $ 3,032

(3) Includes