Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 565

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 565
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 the unrecognized deferred tax assets as at December 31:

  (MILLIONS)                2024      2023      2022  
 ──────────────────────────────────────────────────────
  Less than four years      $         $         $     
  Thereafter                252       166       144   

The deferred tax assets and liabilities of the following temporary differences have been recognized in the consolidated financial statements for the year ended December 31:

(MILLIONS) Non-capital Difference Net deferred
losses between tax and tax (liabilities)
carrying value assets
──────────────────────────────────────────────────────────────────────────────────────────────────────────────────
As at January 1, 2022 $ 1,149 $ ( 7,167) $ ( 6,018)
Recognized in net income 132 18 150
Recognized in equity - ( 947) ( 947)
Business combinations and disposals - ( 42) ( 42)
Foreign exchange ( 8) 534 526
As at December 31, 2022 1,273 ( 7,604) ( 6,331)
Recognized in net income 101 75 176
Recognized in equity - 113 113
Business combinations and disposals 78 ( 268) ( 190)
Foreign exchange 6 ( 704) ( 698)
As at December 31, 2023 1,458 ( 8,388) ( 6,930)
Recognized in net income ( 95) 126 31
Recognized in equity - ( 1,521) ( 1,521)
Business combinations and disposals 215 ( 429) ( 214)
Foreign exchange ( 55) 580 525
As at December 31, 2024 $ 1,523 $ ( 9,632) $ ( 8,109)

The deferred income tax liabilities include $ 8,454 6,885 6,914

The unrecognized taxable temporary difference attributable to Brookfield Renewable’s interest in its subsidiaries, branches, associates, and joint ventures is$ 4,889(2023: $ 5,203 6,028

  F - 61  

13. PROPERTY, PLANT AND EQUIPMENT, AT FAIR VALUE

The following table presents a reconciliation of property, plant and equipment at fair value:

  (MILLIONS)                                              Hydroelectric          Wind         Solar                  Other (