Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 495

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 495
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 694                                               11                             79                              1,038  
  Foreign currency translation                    ( 47)                                       ( 36)                       3                                                 ( 7)                           ( 2)           ( 89)                   
  Balances at December 31, 2023                   $                                           $                           $                                                 $                              $              $             ( 4,396)  
  Amortization and impairment expense             ( 108)                                      ( 949)                      ( 391)                                            ( 73)                          ( 69)          ( 1,590)                
  Dispositions                                    1                                           141                         77                                                41                             29             289                     
  Foreign currency translation                    123                                         85                          39                                                8                              10             265                     
  Balance at December 31, 2024                    $                                           $                           $                                                 $                              $              $             ( 5,432)  
  Net book value                                                                                                                                                                                                                                  
  December 31, 2023                               $                                           $                           $                                                 $                              $              $               20,846  
  December 31, 2024                               $                                           $                           $                                                 $                              $              $               18,317  

____________________________________

(1) Brands and trademarks include indefinite life intangible assets with a carrying value of $ 2,071 2,151 307

The terms and conditions of the water and sewage concession agreements, including fees that can be charged to the users and the duties to be performed by the operator, are regulated by various grantors, the majority of which are municipal governments across Brazil. The concession agreements provide the operator the right to charge fees to users using the services of the operator over the term of the concessions in exchange for water treatment services, ongoing and regular maintenance work on water distributions assets and improvements to the water treatment and distribution system. Fees are revised annually for inflation in Brazil. The concession arrangements have an average remaining term of 22

  F-50      Brookfield Business Partners  

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 proprietary technology within the partnership pertains to the combination of processes, tools, techniques and developed systems for exclusive use and benefit within the partnership’s operations that have the potential to