Investor Presentaiton
UNAUDITED
Brookfield Renewable Corporation
Consolidated Statements of Cash Flows
For the three months ended
December 31
For the twelve months ended
December 31
2021
2020
2021
2020
(MILLIONS)
Operating activities
Net income
180 $
(1,632) $
930 $
(2,819)
Adjustments for the following non-cash items:
Depreciation
281
259
1,115
1,065
Unrealized foreign exchange and financial
126
instruments loss (gain)
(64)
102
(78)
investments
Share of earnings from equity-accounted
Deferred income tax expense
Other non-cash items
Remeasurement of exchangeable and class B
shares
(2)
4
(70)
(166)
56
(134)
59
361
109
409
(193)
1,398
(1,267)
2,561
383
157
1,043
1,008
(153)
(36)
(648)
(16)
230
121
395
992
Net change in working capital and other (10)
Financing activities
Non-recourse borrowings and related party
654
borrowings, net
(163)
1,469
(32)
Capital contributions from participating non-
23
300
65
329
controlling interests
Capital contributions from the partnership
102
Return of capital to participating non-controlling
interests
(80)
(181)
(82)
Issuance of exchangeable shares, net
(23)
|
(44)
Distributions paid and return of capital:
To participating non-controlling interests
(184)
(150)
(675)
(513)
To the partnership
--
1
-
(235)
493
(115)
678
(475)
Investing activities
Acquisitions net of cash and cash equivalents in
acquired entity
(12)
(105)
Investment in property, plant and equipment
(791)
(175)
(1,354)
(373)
Disposal of subsidiaries, associates and other
securities, net
6
376
17
Restricted cash and other
84
126
6
(17)
(707)
(43)
(984)
(478)
Foreign exchange gain (loss) on cash
(19)
15
(34)
12
Cash and cash equivalents
Increase (decrease)
Balance, beginning of period
Balance, end of period
(3) $
(22) $
55 $
51
413
377
355
304
EA
410 $
355
410 $
355View entire presentation