Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 160

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 5
Chunk 160
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 may be subject to further lawsuits, claims, inquiries or investigations. We believe that the legal proceedings are without merit and intend to vigorously contest them. On an ongoing basis, we assess the potential impact of these events. Aside from the costs to defend against these claims, the potential loss amount from these claims cannot be measured and is not probable at this time.

Contractual Obligations

An integral part of the partnership’s strategy is to participate with institutional investors in Brookfield-sponsored private equity funds that target acquisitions that suit the partnership’s investment mandate. In the normal course of business, the partnership has made commitments to Brookfield-sponsored private equity funds to participate in these target acquisitions in the future, if and when identified. For information regarding our partnership’s commitments in respect of pending acquisitions, see Item 4. A, “ History and Development of the Company”.

In the ordinary course of business, we enter into contractual arrangements that may require future cash payments. The table below outlines our undiscounted contractual obligations as at December 31, 2024:

                                                Payments as at December 31, 2024                                                                                   
  (US$ MILLIONS)                                Total                                             < 1 Year                 1-2 Years      3-5 Years      5+ Years  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Borrowings                                    $                                     39,522      $             1,680      $              $              $         
  Lease liabilities                                                                    1,272      223                      215            332            502       
  Interest expense                                                                    13,567                    2,581                                              
  Decommissioning liabilities                   698                                               4                        4              13             677       
  Pension obligations                           372                                               27                       27             84             234       
  Commitments for capital expenditures (1)      894                                               707                      105            82             —         
  Total                                         $                                     56,325      $             5,222      $              $              $         

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(1) Includes approximately $726 million of contractual commitments in the form of shipbuilding contracts at our offshore oil services. The capital expenditures relate to a customer contract and will be funded by proceeds to be contractually received from the customer.

5. C RESEARCH AND DEVELOPMENT, PATENTS AND LICENSES, ETC.

Not applicable.

5. D TREND INFORMATION

See Item 5. A,