RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of transactions between related parties [abstract]

The following table reflects the related party agreements and transactions in the consolidated statements of income, for the year ended December 31:



(MILLIONS)	2019			2018			2017
Revenues
Power purchase and revenue agreements	$	558		$	535		$	601
Wind levelization agreement	1			7			6
	$	559		$	542		$	607
Direct operating costs
Energy purchases	$	(22	)	$	(20	)	$	(13	)
Energy marketing fee	(20		)	(24		)	(24		)
Insurance services⁽¹⁾	(23		)	(25		)	(19		)
	$	(65	)	$	(69	)	$	(56	)
Interest (expense) income - borrowings	$	(13	)	$	(8	)	$	—
Management service costs	$	(108	)	$	(80	)	$	(82	)


⁽¹⁾	Insurance services are paid to a subsidiary of Brookfield Asset Management that brokers external insurance providers on behalf of Brookfield Renewable. The fees paid to the subsidiary of Brookfield Asset Management for the year ended December 31, 2019 were $1 million (2018: less than $1 million)

The following table reflects the impact of the related party agreements and transactions on the consolidated statements of financial position as at December 31:



(MILLIONS)	Related party	2019		2018
Current assets
Contract asset	Brookfield	$	51	$	45
Due from related parties
Amounts due from	Brookfield	48		55
	Equity-accounted investments and other	12		10
		$	111	$	110
Non-current assets
Contract asset	Brookfield	$	422	$	402
Current liabilities
Due to related parties
Amount due to	Brookfield	$	81	$	54
	Equity-accounted investments and other	10		12
Accrued distributions payable on
LP Units and Redeemable/Exchangeable partnership units	Brookfield	36		35
		$	127	$	101
Non-current liabilities
Contract liability	Brookfield	$	562	$	479