Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 445

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 445
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 the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

/s/ Deloitte LLP

Chartered Professional Accountants

Licensed Public Accountants

Toronto, Canada

April 9, 2025

  F-6      Brookfield Business Partners  

CONSOLIDATED FINANCIAL STATEMENTS FOR

BROOKFIELD BUSINESS PARTNERS L. P.

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

  (US$ MILLIONS)                                                  Notes      December 31, 2024                  December 31, 2023              
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Assets                                                                                                                                       
  Current Assets                                                                                                                               
  Cash and cash equivalents                                           4      $                       3,239      $                       3,252  
  Financial assets                                                    5                              1,537                              1,139  
  Accounts and other receivable, net                                  6                              5,178                              5,558  
  Inventory, net                                                      7                              2,416                              3,665  
  Other assets                                                       10                              2,969                              1,271  
                                                                                                    15,339                             14,885  
  Non-Current Assets                                                                                                                           
  Financial assets                                                    5                             10,834                             12,037  
  Accounts and other receivable, net                                  6                              1,101                              1,005  
  Other assets                                                       10      343                                385