Financial Performance - Total assets as of June 30, 2023, amounted to $90.3 billion, with revenues of $27.3 billion for the six months ended June 30, 2023[230]. - For Q2 2023, the company reported revenues of $13,506 million, a decrease of $1,101 million (7.5%) compared to $14,607 million in Q2 2022[285]. - Net income for Q2 2023 was $41 million, down from $280 million in Q2 2022, resulting in a loss of $0.22 per limited partner unit compared to a gain of $0.62 per unit in the prior year[283]. - Net income for the six months ended June 30, 2023, was $270 million, compared to a loss of $72 million in the same period of 2022[366]. - Other income for Q2 2023 increased to $138 million, compared to a net expense of $218 million in Q2 2022, driven by net gains on debt modifications and extinguishments[293]. - The net income for the three months ended June 30, 2023, was $41 million, while the net income for the six months ended June 30, 2023, was $244 million[358][361]. Revenue Segmentation - The business services segment generated revenues of $15.8 billion, while the infrastructure services segment contributed $4.0 billion, and the industrials segment accounted for $7.4 billion[230]. - Revenues from nuclear technology services operations were $1,006 million and $2,062 million for the three and six months ended June 30, 2023, with direct operating costs of $898 million and $1,833 million respectively[250]. - Adjusted EFO for the business services segment was $119 million for the three months ended June 30, 2023, compared to $138 million for the same period in 2022[328]. - Adjusted EFO in the infrastructure services segment for the three months ended June 30, 2023 was $88 million, a decrease of $36 million (29.0%) from $124 million in the same period of 2022[341]. - Adjusted EFO in the industrials segment for the three months ended June 30, 2023 was $63 million, a decrease of $38 million (37.6%) from $101 million in the same period of 2022[348]. Operational Highlights - The partnership's residential mortgage insurer is the largest private sector residential mortgage insurer in Canada, significantly increasing access to homeownership for Canadian residents[233]. - The dealer software and technology services operations closed the sale of a non-core division for approximately $490 million, resulting in a gain of $87 million[236]. - The healthcare services operations operate 38 hospitals, primarily generating revenues from private health insurance funds and government-related bodies[237]. - The construction operations focus on high-quality construction, primarily on large-scale and complex landmark buildings and social infrastructure[238]. - The offshore oil services operations emerged from Chapter 11 restructuring with a deleveraged balance sheet, maintaining approximately 53% economic interest[253]. Cash Flow and Liquidity - Cash flow from operating activities for the six months ended June 30, 2023, was $560 million, an increase from $224 million for the same period in 2022[394]. - Total cash flow used in financing activities was $102 million for the six months ended June 30, 2023, compared to $8,859 million provided in the same period in 2022[395]. - Cash flow provided by investing activities was $337 million for the six months ended June 30, 2023, a significant improvement from $9,215 million used in the same period in 2022[397]. - The partnership's consolidated net debt was $43,876 million, with a net debt-to-capitalization ratio of 70%[390]. - Liquidity is managed through cash flows from operations, credit facilities, and monetizing mature operations, with a strong liquidity profile to pursue acquisition opportunities[376]. Capital Expenditures and Assets - Capital expenditures for the six months ended June 30, 2023, included $301 million in maintenance capital and $1,045 million in growth capital, compared to $328 million and $581 million, respectively, for the same period in 2022[310]. - Financial assets increased by $521 million to $13,429 million as of June 30, 2023, compared to $12,908 million as of December 31, 2022[303]. - Inventory and other assets increased by $725 million to $8,284 million as of June 30, 2023, compared to $7,559 million as of December 31, 2022[307]. - Property, plant & equipment (PP&E) increased by $403 million to $16,296 million as of June 30, 2023, compared to $15,893 million as of December 31, 2022, driven by $1,650 million in additions and impacted by foreign exchange movements of $175 million[308]. Debt and Financing - The partnership's financing arrangements totaled $44,908 million as of June 30, 2023, reflecting an increase primarily due to new borrowings for acquisitions[381]. - The weighted average interest rate on debt outstanding was 7.9% as of June 30, 2023, with approximately 50% of non-recourse borrowings being fixed or hedged[382]. - The partnership has a total capacity of $2.3 billion in bilateral credit facilities, with $310 million available as of June 30, 2023[384]. - The revolving acquisition credit facility with Brookfield allows borrowings of up to $1 billion, maturing on April 27, 2028, and will decrease to $500 million on April 27, 2024[385]. Regulatory and Accounting Changes - The partnership adopted IFRS 17 effective January 1, 2023, impacting the reported results of its residential mortgage insurer[409]. - The transition impact of IFRS 17 resulted in a $17 million increase to opening equity on January 1, 2022[409]. - The adoption of IFRS 17 does not materially impact cash flows generated by the partnership[410]. - Amendments to IAS 12 were adopted on January 1, 2023, with no material impact on the partnership's financial statements[411].

Brookfield Business Partners L.P. (NYSE:BBU) Q2 2023 Earnings Conference Call August 4, 2023 9:30 AM ET Company Participants Alan Fleming - Head-Investor Relations Cyrus Madon - Chief Executive Officer Anuj Ranjan - President Jaspreet Dehl - Chief Financial Officer Patrick McHugh - Chief Executive of Scientific Games Conference Call Participants Gary Ho - Desjardins Capital Markets Andrew Kuske - Credit Suisse Jaeme Gloyn - National Bank Devin Dodge - BMO Capital Markets Nik Priebe - CIBC Capital Markets Op ...

UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF BROOKFIELD BUSINESS PARTNERS L.P. As at March 31, 2023 and December 31, 2022 and for the three months ended March 31, 2023 and 2022 1 INDEX TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF BROOKFIELD BUSINESS PARTNERS L.P. Unaudited Interim Condensed Consolidated Statements of Financial Position 3 Unaudited Interim Condensed Consolidated Statements of Operating Results 4 Unaudited Interim Condensed Consolidated Statement ...

Brookfield Business Partners L.P. (NYSE:BBU) Q1 2023 Earnings Conference Call May 5, 2023 10:30 AM ET Company Participants Alan Fleming – Head-Investor Relations Cyrus Madon – Chief Executive Officer Jaspreet Dehl – Chief Financial Officer Mark Wallace – Chief Executive Officer-Clarios Denis Turcotte – Managing Partner-Private Equity Conference Call Participants Geoff Kwan – RBC Capital Markets Andrew Kuske – Credit Suisse Gary Ho – Desjardins Capital Markets Devin Dodge – BMO Capital Markets Jaeme Gloyn – ...

Brookfield 2023 Q 1 S U P P L E M E N T A L I N F O R M A T I O N Brookfield Business Partners L.P. THREE MONTHS ENDED MARCH 31, 2023 Print R34 G34 B35 Important Cautionary Notes All amounts in this Supplemental Information are in U.S. dollars unless otherwise specified. Unless otherwise indicated, the statistical and financial data in this document is presented as at March 31, 2023. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION Note: This Supplemental Information contains "forwa ...

Financial Performance - The report includes a press release dated March 6, 2023, detailing financial performance and strategic initiatives[2] Company Information - Brookfield Business Partners L.P. filed its report for March 2023 under Form 20-F[1] - The company is headquartered in Hamilton, Bermuda, indicating its international presence[3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

Brookfield Business Partners L.P. (NYSE:BBU) Q4 2022 Earnings Conference Call February 3, 2023 11:00 AM ET Company Participants Alan Fleming - Senior Vice President of Investor Relations Cyrus Madon - Chief Executive Officer Denis Turcotte - Chief Operating Officer Jaspreet Dehl - Chief Financial Officer Conference Call Participants Gary Ho - Desjardins Jaeme Gloyn - National Bank Matthew Weekes - Industrial Alliance Operator Welcome to Brookfield Business Partners' Fourth Quarter 2022 Results Conference Ca ...

UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF BROOKFIELD BUSINESS PARTNERS L.P. As at September 30, 2022 and December 31, 2021 and for the three and nine months ended September 30, 2022 and 2021 1 INDEX TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF BROOKFIELD BUSINESS PARTNERS L.P. | Unaudited Interim Condensed Consolidated Statements of Financial Position | 3 | | --- | --- | | Unaudited Interim Condensed Consolidated Statements of Operating Results | 4 | | Unaud ...

Brookfield Business Partners L.P. (NYSE:BBU) Q3 2022 Results Conference Call November 4, 2022 9:30 AM ET Company Participants Alan Fleming - Senior Vice President of Investor Relations Cyrus Madon - Chief Executive Officer Denis Turcotte - Chief Operating Officer Jaspreet Dehl - Chief Financial Officer Conference Call Participants Gary Ho - Desjardins Jaeme Gloyn - National Bank Operator Welcome to the Brookfield Business Partners Third Quarter 2022 Results Conference Call and Webcast [Operator Instructions ...