← Brookfield Infrastructure Partners L.P.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net Income — — — — — — $341.0m $367.0m $351.0m $771.0m
Net Income From Continuing Operations — — — — — — $1.4b $1.4b $1.7b $2.5b
Net income $528.0m $574.0m $806.0m $8.0m $904.0m $2.7b $1.4b $1.4b $1.7b $2.5b
Amortization Cash Flow — — — — — — $561.0m $770.0m $824.0m $910.0m
Amortization Of Intangibles — — — — — — $561.0m $770.0m $824.0m $910.0m
Depreciation — — — — — — $1.6b $2.0b $2.8b $3.1b
Depreciation Amortization Depletion — — — — — — $2.2b $2.7b $3.6b $4.0b
Depreciation and amortization expense $447.0m $671.0m $801.0m $1.2b $1.7b $2.0b $2.2b $2.7b $3.6b $4.0b
Adjustments For Deferred Tax Of Prior Periods — — — — — $39.0m $17.0m $52.0m ($64.0m) $59.0m
Deferred Income Tax — — — — — — $86.0m $5.0m ($324.0m) ($156.0m)
Deferred Tax — — — — — — $86.0m $5.0m ($324.0m) ($156.0m)
Deferred income tax expense (recovery) ($18.0m) $67.0m $46.0m $28.0m $54.0m $240.0m $86.0m $5.0m ($324.0m) ($156.0m)
Earnings (Loss)es From Equity Investments — — — — — — $563.0m $323.0m ($156.0m) $485.0m
Changes in non-cash working capital, net $45.0m $131.0m ($124.0m) $68.0m ($220.0m) ($524.0m) ($904.0m) ($638.0m) ($226.0m) ($408.0m)
Additional Financial Items
Acquisition of subsidiaries, net of cash acquired ($520.0m) ($4.2b) ($5.8b) ($10.3b) ($3.4b) ($2.9b) ($479.0m) ($10.7b) ($2.5b) ($10.0b)
Adjustments For Decrease Increase In Trade Account Receivable $31.0m ($31.0m) $176.0m $42.0m $284.0m ($190.0m) ($445.0m) ($124.0m) $136.0m ($812.0m)
Balance, beginning of year $786.0m $374.0m $540.0m $827.0m $867.0m $1.4b $1.3b $1.9b $2.1b $3.2b
Beginning Cash Position — — — — — — $1.4b $1.3b $1.9b $2.1b
Capital provided by (to) non-controlling interest $835.0m $2.8b $2.6b $6.9b $3.1b $3.1b $293.0m $8.6b ($1.7b) $5.1b
Cash Flow From Continuing Financing Activities — — — — — — $56.0m $9.4b $2.6b $7.8b
Cash Flow From Continuing Investing Activities — — — — — — ($3.4b) ($13.0b) ($6.9b) ($12.7b)
Cash reclassified as held for sale $0 $0 $0 ($13.0m) $0 $0 ($37.0m) $0 $0 ($45.0m)
Cash used by investing activities ($1.1b) ($5.7b) ($5.6b) ($11.4b) ($4.6b) ($1.2b) ($3.4b) ($13.0b) ($6.9b) ($12.7b)
Change In Account Payable — — — — — — ($342.0m) ($43.0m) ($349.0m) $681.0m
Change In Payable — — — — — — ($342.0m) ($43.0m) ($349.0m) $681.0m
Change In Payables And Accrued Expense — — — — — — ($342.0m) ($43.0m) ($349.0m) $681.0m
Change In Prepaid Assets — — — — — — ($117.0m) ($471.0m) ($13.0m) ($277.0m)
Change In Receivables — — — — — — ($445.0m) ($124.0m) $136.0m ($812.0m)
Change In Working Capital — — — — — — ($904.0m) ($638.0m) ($226.0m) ($408.0m)
Change during the year $594.0m ($426.0m) $216.0m $313.0m $47.0m $604.0m ($178.0m) $507.0m $364.0m $1.1b
Changes In Account Receivables — — — — — — ($445.0m) ($124.0m) $136.0m ($812.0m)
Changes In Cash — — — — — — ($178.0m) $507.0m $364.0m $1.1b
Disposal of investments in associates and joint ventures $0 $0 $1.3b $135.0m $0 $412.0m $275.0m $1.1b $0 $1.4b
Disposal of long lived assets $7.0m $47.0m $23.0m $38.0m $46.0m $85.0m $41.0m $162.0m $609.0m $321.0m
Disposal of partial interest to non-controlling interest, net of taxes. — $0 $0 $165.0m $168.0m $0 $0 $124.0m $0 $202.0m
Disposal of subsidiaries and assets held for sale, net of cash disposed — — $0 $272.0m $745.0m $3.3b $198.0m $602.0m $77.0m $2.8b
Distributions to general partner ($84.0m) ($114.0m) ($140.0m) ($158.0m) ($185.0m) ($209.0m) ($244.0m) ($269.0m) ($296.0m) ($324.0m)
Distributions to other unitholders ($544.0m) ($680.0m) ($779.0m) ($869.0m) ($949.0m) ($1.0b) ($1.2b) ($1.2b) ($1.3b) ($1.4b)
Earnings from investments in associates and joint ventures, net of distributions received ($202.0m) ($52.0m) $72.0m $30.0m $36.0m $69.0m $563.0m $323.0m ($156.0m) $485.0m
End Cash Position — — — — — — $1.3b $1.9b $2.1b $3.2b
Financing Cash Flow — — — — — — $56.0m $9.4b $2.6b $7.8b
Free Cash Flow — — — — — — $356.0m $1.6b ($322.0m) ($53.0m)
Gain Loss On Investment Securities — — — — — — ($147.0m) $201.0m $32.0m ($506.0m)
Goodwill $502.0m $1.3b $3.9b $6.6b $6.6b $9.0b $8.8b $14.5b $14.1b $19.2b
Impact of foreign exchange on cash ($7.0m) $14.0m ($50.0m) ($13.0m) ($7.0m) ($65.0m) $88.0m $71.0m ($150.0m) $47.0m
Increase Decrease In Working Capital ($45.0m) ($131.0m) $124.0m ($68.0m) $220.0m $524.0m $904.0m $638.0m $226.0m $408.0m
Investing Cash Flow — — — — — — ($3.4b) ($13.0b) ($6.9b) ($12.7b)
Investments in associates and joint ventures ($887.0m) ($620.0m) ($61.0m) ($539.0m) ($369.0m) $0 ($864.0m) ($1.1b) ($350.0m) ($1.0b)
Issuance Of Capital Stock — — — — — $1.1b $13.0m — $11.0m —
Lease liability repaid — $0 $0 ($106.0m) ($240.0m) ($272.0m) ($233.0m) ($283.0m) ($415.0m) ($499.0m)
Mark-to-market, provisions and other ($47.0m) $90.0m $99.0m $153.0m $51.0m ($1.8b) ($147.0m) $201.0m $32.0m ($506.0m)
Net (repayment) proceeds from commercial paper program — — — $0 $0 $431.0m $33.0m $525.0m ($139.0m) ($115.0m)
Net Business Purchase And Sale — — — — — — ($870.0m) ($10.1b) ($2.8b) ($6.8b)
Net PPE Purchase And Sale — — — — — — ($2.7b) ($2.3b) ($4.4b) ($5.7b)
Net Preferred Stock Issuance — — — — — — ($243.0m) $0 $0 ($181.0m)
Net preferred units redeemed $186.0m $220.0m $341.0m $72.0m $195.0m ($12.0m) ($243.0m) $0 $0 ($181.0m)
Net settlement of foreign exchange hedging items $143.0m ($151.0m) ($53.0m) $73.0m $83.0m $19.0m $178.0m $0 $37.0m ($113.0m)
Operating Gains Losses — — — — — — $416.0m $524.0m ($124.0m) ($21.0m)
Other Cash Adjustment Outside Changein Cash — — — — — — ($37.0m) $0 $0 ($45.0m)
Partnership units (repurchased) issued, net of costs and issuances — — — — — — — ($13.0m) $11.0m ($9.0m)
Payments Of Lease Liabilities Classified As Financing Activities — — — $106.0m $240.0m $966.0m $233.0m $283.0m $415.0m —
Payments To Acquire Or Redeem Entitys Shares $6.0m $0 $30.0m — — — — — — —
Preferred Stock Payments — — — — — — ($243.0m) $0 $0 ($181.0m)
Proceeds From Borrowings Classified As Financing Activities $0 $537.0m $377.0m $376.0m $657.0m $244.0m $995.0m $513.0m $448.0m $678.0m
Proceeds From Issuing Shares $755.0m $992.0m $14.0m $781.0m $9.0m $1.1b $13.0m — — —
Proceeds from corporate borrowings $0 $537.0m $377.0m $376.0m $657.0m $244.0m $995.0m $513.0m $448.0m $678.0m
Proceeds from corporate credit facility $2.3b $2.4b $1.3b $4.7b $3.2b $5.9b $3.2b $6.3b $2.8b $2.5b
Proceeds from non-recourse borrowings $1.4b $668.0m $5.6b $8.6b $5.2b $16.5b $8.9b $13.7b $24.3b $16.2b
Purchase Of Business — — — — — — ($1.3b) ($11.8b) ($2.9b) ($11.0b)
Purchase Of PPE — $714.0m $839.0m $1.2b $1.5b $2.1b ($2.8b) ($2.5b) ($5.0b) ($6.0b)
Purchase of financial assets ($191.0m) ($318.0m) ($202.0m) ($176.0m) ($1.2b) ($1.3b) ($659.0m) ($524.0m) ($677.0m) ($227.0m)
Purchase of long lived assets ($690.0m) ($714.0m) ($839.0m) ($1.2b) ($1.5b) ($2.1b) ($2.8b) ($2.5b) ($5.0b) ($6.0b)
Repayment of corporate borrowings $0 ($306.0m) ($94.0m) ($288.0m) ($339.0m) $0 $0 $0 ($531.0m) $0
Repayment of corporate credit facility ($2.7b) ($1.6b) ($1.6b) ($4.3b) ($2.9b) ($7.1b) ($3.1b) ($6.2b) ($2.8b) ($2.8b)
Repayment of non-recourse borrowings ($984.0m) ($308.0m) ($1.6b) ($5.1b) ($4.1b) ($14.5b) ($6.4b) ($9.2b) ($15.6b) ($8.2b)
Repayments Of Borrowings Classified As Financing Activities $0 $306.0m $94.0m $288.0m $339.0m $0 $0 — $531.0m $0
Repurchase Of Capital Stock — — — — — — ($243.0m) ($13.0m) $0 ($190.0m)
Sale Of Business — — — — — — $473.0m $1.7b $77.0m $4.2b
Sale Of PPE — — — — — — $41.0m $162.0m $609.0m $321.0m
Sale of financial assets $727.0m $258.0m $104.0m $278.0m $933.0m $1.3b $720.0m $715.0m $1.0b $322.0m
Subsidiary distributions to non-controlling interest ($169.0m) ($831.0m) ($676.0m) ($1.2b) ($1.3b) ($955.0m) ($751.0m) ($2.2b) ($1.5b) ($2.5b)
Profit or Loss $528.0m $574.0m $806.0m $650.0m $904.0m $2.7b $1.4b $1.4b $1.7b $2.5b
Capital Expenditure — — — — — — ($2.8b) ($2.5b) ($5.0b) ($6.0b)
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities $7.0m $47.0m $23.0m $38.0m $46.0m $85.0m $41.0m $162.0m $609.0m $321.0m
Net Investment Purchase And Sale — — — — — — $239.0m $191.0m $387.0m ($18.0m)
Purchase Of Investment — — — — — — ($659.0m) ($524.0m) ($677.0m) ($340.0m)
Sale Of Investment — — — — — — $898.0m $715.0m $1.1b $322.0m
Net Other Investing Changes — — — — — — — ($720.0m) ($126.0m) ($108.0m)
Other investing activities — — — — — $0 $0 ($720.0m) ($126.0m) ($108.0m)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $13.1b $20.5b $27.6b $19.4b
Long Term Debt Issuance — — — — — — $13.1b $20.5b $27.6b $19.4b
Net Issuance Payments Of Debt — — — — — — $3.4b $5.4b $8.2b $7.7b
Net Long Term Debt Issuance — — — — — — $3.4b $4.8b $8.3b $7.8b
Net Short Term Debt Issuance — — — — — — $33.0m $525.0m ($139.0m) ($115.0m)
Short Term Debt Issuance — — — — — $6.4b $3.3b $6.8b — —
Long Term Debt Payments — — — — — — ($9.8b) ($15.7b) ($19.3b) ($11.6b)
Repayment Of Debt — — — — — — ($9.8b) ($15.7b) ($19.3b) ($11.6b)
Short Term Debt Payments — — — — — ($7.1b) ($3.1b) ($6.2b) — —
Common Stock Issuance — — — — — $1.1b $13.0m — $11.0m —
Net Common Stock Issuance — — — — — — $13.0m ($13.0m) $11.0m ($9.0m)
Common Stock Payments — — — — — — ($243.0m) ($13.0m) $0 ($9.0m)
Cash Dividends Paid — — — — — — ($1.4b) ($1.5b) ($1.6b) ($1.7b)
Common Stock Dividend Paid — — — — — — ($1.4b) ($1.5b) ($1.6b) ($1.7b)
Dividends paid $615.0m $764.0m $878.0m $978.0m $1.1b $1.2b $1.4b $1.5b $1.6b $1.7b
Net Other Financing Charges — — — — — — ($1.7b) $5.6b ($3.9b) $2.1b
Other financing activities $0 $0 — — $0 ($503.0m) $2.0m ($495.0m) ($733.0m) ($744.0m)
Effect Of Exchange Rate Changes — — — — — — $88.0m $71.0m ($150.0m) $47.0m
Change In Cash Supplemental As Reported — — — — — — ($178.0m) $507.0m $364.0m $1.1b
Interest Paid Classified As Operating Activities $366.0m $451.0m $507.0m $829.0m $985.0m $1.1b $1.6b $2.1b $3.3b $3.6b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.