Company: BIPC
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014377
Chunk: 384

Company: Brookfield Infrastructure Corp
Filing Date: 2025-03-24
Form: 20-F
Item: Item 19
Chunk 384
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)            ( 1,866)                               91                            —                                       ( 1,775)              
  Fair value adjustments                              —                                      —                             119                                          119              
  Net foreign currency exchange differences           ( 86)                                  17                            ( 32)                                     ( 101)              
  Balance at December 31, 2024                        $                          12,297      $                             ( 1,515) $                                     $      12,572  

(1) See Note 5, Acquisition of Businesses, for additional information.

(2) See Note 4, Assets and Liabilities classified as Held for Sale, for additional information.

Our company’s property, plant, and equipment is measured at fair value on a recurring basis with an effective date of revaluation for all asset classes of December 31, 2024 and 2023. Our company determined fair value under the income method. Assets under development were revalued where fair value could be reliably measured.

The following table summarizes the valuation techniques and significant inputs for our company’s property, plant and equipment assets.

  Dec. 31, 2024                                                               Dec. 31, 2023                                                           
  Valuation                       Discount      Terminal      Investment      Valuation                       Discount      Terminal      Investment  
  Technique                       Rate          Value         Horizon         Technique                       Rate          Value         Horizon     
                                                Multiple                                                                    Multiple                  
  Discounted cash flow model      8%            16 x          10 yrs          Discounted cash flow model      8%            15 x          10 yrs      
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

An increase in the discount rate would lead to a decrease in the fair value of property, plant and equipment. Conversely, an increase to the terminal value multiple would increase the fair value of property, plant and equipment. Our company has classified all property, plant and equipment under level 3 of the fair value hierarchy.

F-36 Brookfield Infrastructure Corporation

  BROOKFIELD INFRASTRUCTURE CORPORATION                                                      
  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                                                 
  As of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022  

At December 31, 2024, our company carried out an assessment of the fair value of its property, plant and equipment, resulting in a gain from revaluation of $ 119