Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 500

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 500
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9 for additional information.

Included within accounts payable and other at December 31, 2024 was $ 928 1,370 63 69

  F-54      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 partnership’s exposure to currency and liquidity risk related to accounts payable and other is disclosed in Note 28.

The following table presents the change in the provision balances for the years ended December 31, 2024 and 2023 :

  (US$ MILLIONS)                                     Decommissioning liability               Warranties and provisions for defects               Legal and other                 Total provisions  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance at January 1, 2023                                                 $      443      $                                          178      $                      938                     $  
  Additional provisions recognized                                           2               291                                                 233                                          526  
  Reduction arising from payments/derecognition                          ( 11)               ( 238)                                              ( 263)                                    ( 512)  
  Accretion expenses                                                        17               —                                                   18                                            35  
  Change in discount rate                                                ( 57)               —                                                   —                                          ( 57)  
  Change in other estimates                                              ( 23)               ( 2)                                                10                                         ( 15)  
  Dispositions                                                          ( 204)               ( 23)                                               ( 149)                                    ( 376)  
  Foreign currency translation                                               3               3                                                   ( 2)                                           4  
  Balance at December 31, 2023                                               $      170      $                                          209      $                      785                     $  
  Additional provisions recognized                                           —               311                                                 592                                          903  
  Reduction arising from payments/derecognition                          ( 11)               ( 326)                                              ( 270)                                    ( 607)  
  Accretion expenses                                                         5               —                                                   —                                              5  
  Change in discount rate                                                   10               —                                                   —                                             10  
  Change in other estimates                                               ( 4)               ( 1)                                                —                                           (