XML 61 R48.htm IDEA: XBRL DOCUMENT v3.22.1
NON-WHOLLY-OWNED SUBSIDIARIES (Tables)
 12 Months Ended
Dec. 31, 2021
Interests In Other Entities [Abstract]  
Disclosure of interests in subsidiaries The following provides information about the partnership’s wholly-owned subsidiaries as of December 31, 2021 and 2020:
Business typeName of entityCountry of incorporationVoting interestEconomic interest
2021202020212020
Business services
Real estate services operationsBridgemarq Real Estate ServicesCanada100 %100 %100 %100 %
Construction operationsMultiplex Global LimitedUnited Kingdom100 %100 %100 %100 %
Digital cloud services operationsWatServ Holdings Ltd.Canada100 %75 %100 %75 %
    The following table presents details of non-wholly owned subsidiaries of the partnership:
Business typeName of entityCountry of incorporationVoting interestEconomic interest
2021202020212020
Business services
Advisory services operationsSera Global Holding LPCanada75 %75 %75 %75 %
Real estate services operationsCrossbridge Condominium Services Ltd.Canada90 %90 %90 %90 %
Road fuels operationsGreenergy Fuels Holding LimitedEngland89 %89 %18 %18 %
Rural broadband services operationsImagine Communications Group LimitedIreland55 %55 %31 %31 %
Healthcare services operationsHealthscope LimitedAustralia100 %100 %28 %28 %
Fleet management services operationsOuro Verde Locação e Seviços S.A.Brazil100 %100 %35 %35 %
Residential mortgage insurerSagen MI Canada Inc.Canada100 %57 %41 %24 %
Non-bank financial services operationsIndoStar Capital Finance LimitedIndia57 %57 %20 %20 %
Technology services operationsEverise Holdings Pte Ltd.Singapore100 %— %36 %— %
Infrastructure services
Nuclear technology services operationsWestinghouse Electric CompanyUnited States100 %100 %44 %44 %
Service provider to the offshore oil production industry
Altera Infrastructure L.P.
United States99 %99 %43 %43 %
Modular building leasing services operationsModulaire Investments 2 S.à r.l.Luxembourg100 %— %36 %— %
Industrials
Limestone mining operationsHammerstone Infrastructure Materials Ltd.Canada98 %100 %94 %39 %
Water and wastewater operationsBRK Ambiental Participações S.A.Brazil70 %70 %26 %26 %
Infrastructure support products manufacturing operationsAP Infrastructure Solutions LPCanada100 %100 %25 %25 %
Returnable plastic packaging operationsSchoeller Allibert Group B.V.Netherlands52 %52 %14 %14 %
Energy services operationsCWC Energy Services Corp.Canada57 %80 %57 %54 %
Natural gas productionEmber Resources Inc.Canada100 %100 %46 %46 %
Advanced energy storage operationsClarios Global LPUnited States100 %100 %28 %28 %
Automotive aftermarket replacement parts remanufacturer
Cardone Industries Inc.United States98 %98 %52 %52 %
Solar power solutions operationsAldo Componentes Eletrônicos LTDABrazil100 %— %35 %— %
Engineered components manufacturer
DexKo Global Inc.
United States100 %— %35 %— %
The following tables present the gross assets and liabilities as at December 31, 2021 and 2020 as well as gross amounts of revenues, net income (loss), other comprehensive income and distributions for the years ended December 31, 2021, 2020 and 2019 from the partnership’s investments in material non-wholly owned subsidiaries:
Year ended December 31, 2021
TotalProfit/(loss) allocated to others’ ownership interestDistributions to others’ ownership interestEquity allocated to others’ ownership interest
(US$ MILLIONS)Current assetsNon-current assetsCurrent liabilitiesNon-current liabilitiesRevenuesNet income (loss)OCI
Business services$4,223 $13,275 $5,301 $7,153 $26,162 $526 $(71)$351 $(821)$3,257 
Infrastructure services2,918 13,096 3,224 10,642 4,458 (294)274 (179)(74)1,296 
Industrials5,705 20,799 3,669 17,598 12,139 1,820 (81)1,238 (728)3,513 
Total$12,846 $47,170 $12,194 $35,393 $42,759 $2,052 $122 $1,410 $(1,623)$8,066 
Year ended December 31, 2020
TotalProfit/(loss) allocated to others’ ownership interestDistributions to others’ ownership interestEquity allocated to others’ ownership interest
(US$ MILLIONS)Current assetsNon-current assetsCurrent liabilitiesNon-current liabilitiesRevenuesNet income (loss)OCI
Business services$4,113 $12,741 $4,413 $7,093 $18,584 $459 $417 $350 $(650)$3,969 
Infrastructure services2,328 8,092 2,561 7,248 4,399 (281)(120)(161)(249)355 
Industrials5,178 17,721 3,009 16,232 10,652 3 (360)144 (324)2,746 
Total$11,619 $38,554 $9,983 $30,573 $33,635 $181 $(63)$333 $(1,223)$7,070 
Year ended December 31, 2019
TotalProfit/(loss) allocated to others’ ownership interestDistributions to others’ ownership interestEquity allocated to others’ ownership interest
(US$ MILLIONS)RevenuesNet income (loss)OCI
Business services$23,773 $200 $35 $111 $(368)$3,166 
Infrastructure services4,559 (446)(138)(281)(370)833 
Industrials9,644 660 (104)502 (936)2,968 
Total$37,976 $414 $(207)$332 $(1,674)$6,967 
    The following table outlines the composition of accumulated non-controlling interests related to the interest of others presented in the partnership’s consolidated statements of financial position:
(US$ MILLIONS)20212020
Non-controlling interests related to material non-wholly-owned subsidiaries  
Business services$3,257 $3,969 
Infrastructure services1,296 355 
Industrials3,513 2,746 
Total non-controlling interests in material non-wholly -owned subsidiaries$8,066 $7,070 
Total individually immaterial non-controlling interests balance656 775 
Total non-controlling interests$8,722 $7,845