Investor Presentaiton
Brookfield Renewable Partners L.P.
Consolidated Statements of Cash Flows
UNAUDITED (MILLIONS)
Operating activities
Net income
For the three months ended
December 31
2021
For the twelve months ended
December 31
2020
2021
2020
$
Adjustments for the following non-cash items:
Depreciation
Unrealized foreign exchange and financial
instrument loss (gain)
Share of earnings from equity-accounted
investments
Deferred income tax expense
Other non-cash items
333
$
(5)
$
(66)
$
(45)
381
337
1,501
1,367
100
(119)
122
(134)
(19)
(31)
(22)
(27)
(97)
(185)
(29)
(213)
(26)
248
(136)
388
372
245
1,370
1,336
Net change in working capital and other (10)
(110)
34
(636)
(40)
262
279
734
1,296
Financing activities
Net corporate borrowings
266
Corporate credit facilities, net
(150)
(299)
Non-recourse borrowings, commercial paper, and
related party borrowings, net
1,273
(260)
2,769
120
Capital contributions from participating non-
controlling interests - in operating subsidiaries,
net
31
357
689
367
Issuance of Perpetual Subordinated Notes,
Preferred LP Units and related costs, net
Distributions paid:
252
(23)
439
151
To participating non-controlling interests - in
operating subsidiaries, preferred shareholders,
preferred limited partners unitholders, and
perpetual subordinate notes
(255)
(203)
(900)
(628)
To unitholders of Brookfield Renewable or BRELP
and shareholders of Brookfield Renewable
Corporation
(212)
(202)
(854)
(769)
939
(331)
2,143
(792)
Investing activities
Acquisitions net of cash and cash equivalents in
acquired entity
(1,426)
(105)
Investment in property, plant and equipment
(1,136)
(190)
(1,967)
(447)
Disposal of subsidiaries, associates and other
103
23
936
58
securities, net
Restricted cash and other
80
146
(46)
68
(953)
(21)
(2,503)
(426)
Foreign exchange gain (loss) on cash
(20)
23
(36)
13
Cash and cash equivalents
Increase (decrease)
228
(50)
338
$
91
Net change in cash classified within assets held
for sale
(1)
(1)
(5)
(12)
Balance, beginning of period
537
482
431
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