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SUBSIDIARIES (Tables)
 12 Months Ended
Dec. 31, 2021
Disclosure of subsidiaries [abstract]  
Disclosure of interests in subsidiaries [text block]
The following table presents the details of the company’s subsidiaries with significant non-controlling interests:
Jurisdiction of Formation
Ownership Interest Held by Non-Controlling Interests1, 2
AS AT DEC. 3120212020
Brookfield Renewable Partners L.P. (“BEP”)3
Bermuda51.7 %49.3 %
Brookfield Infrastructure Partners L.P. (“BIP”)4
Bermuda72.8 %71.5 %
Brookfield Business Partners L.P. (“BBU”)Bermuda35.6 %36.5 %
Brookfield Property Group (“BPG”)5
Bermuda— %38.3 %
1.Control and associated voting rights of the limited partnerships (BEP, BIP and BBU) reside with their respective general partners which are wholly owned subsidiaries of the company. The company’s general partner interest is entitled to earn base management fees and incentive payments in the form of incentive distribution rights or performance fees.
2.The company’s ownership interest in BEP, BIP, BBU and BPG includes a combination of redemption-exchange units (REUs), Class A limited partnership units, special limited partnership units, general partnership units and units or shares that are exchangeable for units in our listed partnerships, in each subsidiary, where applicable. Each of BEP, BIP, BBU and BPG’s partnership capital includes its Class A limited partnership units whereas REUs and general partnership units are considered non-controlling interests for the respective partnerships. REUs share the same economic attributes in all respects except for the redemption right attached thereto. The REUs and general partnership units participate in earnings and distributions on a per unit basis equivalent to the per unit participation of the Class A limited partnership units of the subsidiary.
3.Ownership interest held by non-controlling interests represents the combined units not held in BEP and Brookfield Renewable Corporation (“BEPC”).
4.Ownership interest held by non-controlling interests represents the combined units not held in BIP and Brookfield Infrastructure Corporation (“BIPC”).
5.BPG includes Brookfield Property Partners L.P. and Brookfield’s wholly owned real estate directly held entities. The ownership interest held by non-controlling interests as at December 31, 2020 represents the ownership interest of non-controlling interests in BPY as of that date.
AS AT AND FOR THE YEAR ENDED DEC. 31, 2021
(MILLIONS)
The
Corporation1
BFIBFI IIBFLBFL IIBF
AUS		BF
U.K.		BIC
Other
subsidiaries of
the Corporation2
Consolidating
Adjustments3
The Company
Consolidated
Revenues$1,373 $250 $— $33 $— $— $9 $121 $82,663 $(8,718)$75,731 
Net income (loss) attributable to shareholders3,966 (8)— — — — 5 (251)6,100 (5,846)3,966 
Total assets84,793 8,256 — 607 — — 843 5,433 400,288 (109,217)391,003 
Total liabilities38,438 6,387 — 597 — — 603 3,734 237,100 (30,597)256,262 
Non-controlling interest – preferred equity— — — — — — 230 — — — 230 
AS AT AND FOR THE YEAR
ENDED DEC. 31, 2020
(MILLIONS)
The
Corporation1
BFIBFI IIBFLBFL IIBF
AUS		BF
U.K.		BIC
Other
subsidiaries of
the Corporation2
Consolidating
Adjustments3
The Company
Consolidated
Revenues$626 $280 $— $28 $— $— $2 $163 $70,385 $(8,732)$62,752 
Net income (loss) attributable to shareholders(134)73 — — — — 1 91 6,368 (6,533)(134)
Total assets73,898 7,207 — 600 — — 233 4,280 350,687 (93,209)343,696 
Total liabilities38,060 5,547 — 596 — — 3 2,690 206,877 (32,719)221,054 
Non-controlling interest – preferred equity— — — — — — 230 — — — 230 
1.This column accounts for investments in all subsidiaries of the Corporation under the equity method.
2.This column accounts for investments in all subsidiaries of the Corporation other than BFI, BFL, BIC, BFI II, BF AUS, BF U.K. and BFL II on a combined basis.
3.This column includes the necessary amounts to present the company on a consolidated basis.
Disclosure of non-controlling interests [text block]
The table below presents the exchanges on which the company’s subsidiaries with significant non-controlling interests were publicly listed as of December 31, 2021:
TSXNYSE
BEPBEP.UNBEP
BIPBIP.UNBIP
BBUBBU.UNBBU

The following table outlines the composition of accumulated non-controlling interests presented within the company’s consolidated financial statements:
AS AT DEC. 31 (MILLIONS)20212020
BEP$19,355 $17,194 
BIP23,695 19,753 
BBU10,197 9,162 
BPG1
28,064 33,345 
Individually immaterial subsidiaries with non-controlling interests7,075 7,350 
$88,386 $86,804 
1.This balance represents non-controlling interests within the consolidated funds of BPG.
Summarized financial information of subsidiaries [Table Text Block] The summarized financial information represents amounts before intra-group eliminations:
BEPBIPBBUBPG
AS AT AND FOR THE YEARS ENDED DEC. 31 (MILLIONS)20212020202120202021202020212020
Current assets $2,861 $1,742 $4,896 $3,711 $15,418 $14,493 $23,487 $12,270 
Non-current assets 53,006 47,980 69,065 57,620 48,801 40,253 140,510 132,178 
Current liabilities (3,222)(2,761)(8,661)(5,524)(13,912)(12,133)(34,158)(27,949)
Non-current liabilities (28,649)(25,194)(38,909)(34,134)(37,307)(31,276)(69,771)(63,823)
Non-controlling interests (19,355)(17,194)(23,695)(19,753)(10,197)(9,162)(28,064)(33,345)
Equity attributable to Brookfield $4,641 $4,573 $2,696 $1,920 $2,803 $2,175 $32,004 $19,331 
Revenues $4,096 $3,810 $11,537 $8,885 $46,587 $37,635 $9,955 $8,883 
Net income (loss) attributable to:
Non-controlling interests $151 $162 $2,489 $863 $1,846 $686 $3,831 $(336)
Shareholders (217)(207)230 41 307 (106)1,616 (1,321)
$(66)$(45)$2,719 $904 $2,153 $580 $5,447 $(1,657)
Other comprehensive income (loss) attributable to:
Non-controlling interests $1,835 $1,621 $197 $(82)$218 $25 $857 $464 
Shareholders 931 653 63 20 65 47 442 401 
$2,766 $2,274 $260 $(62)$283 $72 $1,299 $865 
The summarized cash flows of the company’s subsidiaries with material non-controlling interests are as follows:
BEPBIPBBUBPG
FOR THE YEARS ENDED DEC. 31 (MILLIONS)20212020202120202021202020212020
Cash flows from (used in):
Operating activities$734 $1,296 $2,772 $2,530 $1,693 $4,205 $3,924 $(439)
Financing activities2,143 (792)(995)2,126 7,063 (1,077)7,790 4,330 
Investing activities(2,504)(426)(1,173)(4,609)(8,926)(2,334)(10,210)(3,401)
Distributions paid to non-controlling interests in common equity$456 $323 $715 $642 $13 $13 $120 $528