Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 513

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 513
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────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Revenues from contracts with customers      $                                 30,873      $                            6,046      $                15,180      52,099  
  Other revenues                                                                 1,537                                   1,411      21                            2,969  
  Total revenues                              $                                 32,410      $                            7,457      $                15,201      55,068  

                                              Year ended December 31, 2022                                                                                               
  (US$ MILLIONS)                              Business services                             Infrastructure services                 Industrials                          
  Revenues by type                                                                                                                                                       
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Revenues from contracts with customers      $                                 33,631      $                            6,118      $                15,059      54,808  
  Other revenues                                                                 1,155                                   1,406      16                            2,577  
  Total revenues                              $                                 34,786      $                            7,524      $                15,075      57,385  

The change in revenues in the partnership’s Business services segment for the year ended December 31, 2024 compared to the years ended December 31, 2023 and 2022 is primarily due to the disposition of the partnership's road fuels operation in the third quarter of 2024.

  F-66      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

(b) Timing of recognition of revenues from contracts with customers

The following tables summarize the partnership’s segment revenues by timing of revenue recognition for total revenues from contracts with customers for the years ended December 31, 2024, 2023 and 2022:

                                                      Year ended December 31, 2024                                                                                               
  (US$ MILLIONS)                                      Business services                             Infrastructure services                 Industrials                          
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Timing of revenue recognition                                                                                                                                                  
  Goods and services provided at a point in time      $