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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2021

The tables below summarize the company’s segment revenues by type of revenues for the years ended December 31, 2021, 2020, and 2019:


	Year ended December 31, 2021
(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
Revenues by type
Revenues from contracts with customers	$	5,709	$	3,274	$	639	$	9,622
Other revenues	27		—		—		27
Total revenues	$	5,736	$	3,274	$	639	$	9,649


	Year ended December 31, 2020
(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
Revenues by type
Revenues from contracts with customers	$	5,743	$	3,270	$	517	$	9,530
Other revenues	74		2		—		76
Total revenues	$	5,817	$	3,272	$	517	$	9,606


	Year ended December 31, 2019
(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
Revenues by type
Revenues from contracts with customers	$	5,806	$	3,350	$	745	$	9,901
Other revenues	2		—		—		2
Total revenues	$	5,808	$	3,350	$	745	$	9,903

The tables below reconcile to the IFRS consolidated financial statements on a line by line basis.


	Year ended December 31, 2021
(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
Revenues	$	5,736	$	3,274	$	639	$	9,649
Direct operating costs (1)	(5,289)		(2,477)		(432)		(8,198)
General and administrative expenses (2)	(115)		(114)		(27)		(256)
Adjusted net operating income	332		683		180		1,195
Unallocated corporate expenses (2)							(26)
Depreciation and amortization expense (1)							(603)
Interest expense, net							(401)
Equity accounted income (loss), net							5


Other income (expense), net							(89)
Income (loss) before income tax							81
Income tax (expense) recovery:
Current							(33)
Deferred							45
Net income (loss)							$	93
Attributable to:
Brookfield Business Partners							36
Non-controlling interests							57
Net income (loss)							$	93

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(1)The sum of these amounts equates to direct operating costs of $8,801 million as per the consolidated statements of operating results.

(2)The sum of these amounts equates to general and administrative expenses of $282 million as per the consolidated statements of operating results.


	Year ended December 31, 2020
(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
Revenues	$	5,817	$	3,272	$	517	$	9,606
Direct operating costs (1)	(5,454)		(2,477)		(337)		(8,268)
General and administrative expenses (2)	(120)		(144)		(22)		(286)
Adjusted net operating income	243		651		158		1,052
Unallocated corporate expenses (2)							(27)
Depreciation and amortization expense (1)							(585)
Interest expense, net							(405)
Equity accounted income (loss), net							3

Gain on acquisitions/dispositions, net							55
Other income (expenses), net							(234)
Income (loss) before income tax							(141)
Income tax (expense) recovery:
Current							(27)
Deferred							41
Net income (loss)							(127)
Attributable to:
Brookfield Business Partners							(164)
Non-controlling interests							37
Net income (loss)							$	(127)

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(1)The sum of these amounts equates to direct operating costs of $8,853 million as per the consolidated statements of operating results.

(2)The sum of these amounts equates to general administrative expenses of $313 million as per the consolidated statements of operating results.


	Year ended December 31, 2019
(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
Revenues	$	5,808	$	3,350	$	745	$	9,903
Direct operating costs (1)	(5,511)		(2,545)		(482)		(8,538)
General and administrative expenses (2)	(90)		(182)		(38)		(310)
Adjusted net operating income	207		623		225		1,055
Unallocated corporate expenses (2)							(26)
Depreciation and amortization expense (1)							(520)
Interest expense, net							(396)
Equity accounted income (loss), net							22
Impairment expense, net							(131)
Gain on acquisitions/dispositions, net							13
Other income (expense), net							(142)
Income (loss) before income tax							(125)
Income tax (expense) recovery:
Current							(77)
Deferred							68
Net income (loss)							(134)
Attributable to:
Brookfield Business Partners							(128)
Non-controlling interests							(6)
Net income (loss)							$	(134)

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(1)The sum of these amounts equates to direct operating costs of $9,058 million as per the consolidated statements of operating results.

(2)The sum of these amounts equates to general and administrative expenses of $336 million as per the consolidated statements of operating results.

The following is an analysis of the company’s assets by reportable operating segment as at December 31, 2021 and 2020:


	As at December 31, 2021

(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
Total assets	$	7,122	$	5,762	$	3,036	$	15,920


	As at December 31, 2020

(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
Total assets	$	7,562	$	5,830	$	3,265	$	16,657

Disclosure of revenues and non-current assets by geographical areas

The table below summarizes the company’s total revenues for the years ended December 31, 2021, 2020, and 2019:


(US$ MILLIONS)	2021		2020		2019
United Kingdom	$	1,310	$	1,024	$	1,394
United States of America	1,591		1,700		1,609
Europe	921		875		875
Australia	4,414		4,223		3,909

Brazil	655		530		754
Other	758		1,254		1,362
Total revenues	$	9,649	$	9,606	$	9,903

The tables below summarize the company’s segment revenues by geography for the years ended December 31, 2021, 2020, and 2019:


	Year ended December 31, 2021
(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
United Kingdom	$	1,085	$	225	$	—	$	1,310
United States of America	—		1,591		—		1,591
Europe	—		921		—		921
Australia	4,390		—		—		4,390

Brazil	—		16		639		655
Other	234		521		—		755
Total revenues from contracts with customers	$	5,709	$	3,274	$	639	$	9,622
Other revenues	$	27	$	—	$	—	$	27
Total revenues	$	5,736	$	3,274	$	639	$	9,649


	Year ended December 31, 2020
(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
United Kingdom	$	810	$	213	$	—	$	1,023
United States of America	—		1,700		—		1,700
Europe	—		875		—		875
Australia	4,153		—		—		4,153

Brazil	—		13		517		530
Other	780		469		—		1,249
Total revenues from contracts with customers	$	5,743	$	3,270	$	517	$	9,530
Other revenues	$	74	$	2	$	—	$	76
Total revenues	$	5,817	$	3,272	$	517	$	9,606


	Year ended December 31, 2019
(US$ MILLIONS)	Business services		Infrastructure services		Industrials		Total
United Kingdom	$	1,125	$	265	$	—	$	1,390
United States of America	—		1,609		—		1,609
Europe	—		876		—		876
Australia	3,909		—		—		3,909

Brazil	—		9		745		754
Other	772		591		—		1,363
Total revenues from contracts with customers	$	5,806	$	3,350	$	745	$	9,901
Other revenues	$	2	$	—	$	—	$	2
Total revenues	$	5,808	$	3,350	$	745	$	9,903

The following table presents the company’s non-current assets by geography:


(US$ MILLIONS)	2021		2020
Australia	$	5,093	$	5,419
United States of America	3,102		3,276
Brazil	2,706		2,662
Europe	495		520
United Kingdom	539		480

Other	119		137
Total non-current assets	$	12,054	$	12,494

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(1)Non-current assets comprise financial assets, property, plant and equipment, intangible assets, equity accounted investments, goodwill and other non-current assets.