Brookfield Infrastructure Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2019
Net Income	-156	-608	111	1,094	-368	-552	Upgrade
Depreciation & Amortization	710	775	365	211	236	283	Upgrade
Loss (Gain) on Equity Investments	-22	-	23	29	-	-	Upgrade
Change in Accounts Receivable	40	140	-85	-61	-91	-71	Upgrade
Change in Accounts Payable	29	-53	91	234	126	27	Upgrade
Other Operating Activities	999	1,489	554	-614	936	1,043	Upgrade
Operating Cash Flow	1,600	1,743	1,059	893	839	730	Upgrade
Operating Cash Flow Growth	-14.12%	64.59%	18.59%	6.44%	14.93%	-32.59%	Upgrade
Capital Expenditures	-1,800	-1,403	-594	-525	-417	-416	Upgrade
Sale of Property, Plant & Equipment	216	315	75	4	2	17	Upgrade
Cash Acquisitions	-98	-	-3,086	-	-	-	Upgrade
Divestitures	431	-	-	-	817	-	Upgrade
Investment in Securities	391	-	431	-526	-	-	Upgrade
Other Investing Activities	-311	-22	-	-	-76	-	Upgrade
Investing Cash Flow	-1,171	-1,110	-3,174	-1,047	326	-399	Upgrade
Long-Term Debt Issued	-	7,878	2,370	2,748	392	551	Upgrade
Long-Term Debt Repaid	-	-6,409	-2,608	-1,198	-680	-399	Upgrade
Net Debt Issued (Repaid)	582	1,469	-238	1,550	-288	152	Upgrade
Issuance of Common Stock	1	1	-	-	128	-	Upgrade
Common Dividends Paid	-	-	-	-	-	-33	Upgrade
Other Financing Activities	-909	-1,898	2,421	-1,554	-708	-436	Upgrade
Financing Cash Flow	-326	-428	2,183	-4	-868	-317	Upgrade
Foreign Exchange Rate Adjustments	32	-70	26	134	-20	-26	Upgrade
Net Cash Flow	135	135	94	-24	277	-12	Upgrade
Free Cash Flow	-200	340	465	368	422	314	Upgrade
Free Cash Flow Growth	-	-26.88%	26.36%	-12.80%	34.39%	-50.00%	Upgrade
Free Cash Flow Margin	-5.47%	9.27%	18.58%	19.51%	25.69%	21.96%	Upgrade
Free Cash Flow Per Share	-1.68	2.86	3.25	3.27	3.78	4.56	Upgrade
Cash Interest Paid	1,028	954	678	554	261	222	Upgrade
Cash Income Tax Paid	396	417	318	292	165	135	Upgrade
Levered Free Cash Flow	-205.63	-110.5	254.63	-1,240	2,473	2,529	Upgrade
Unlevered Free Cash Flow	513.13	555.13	690.25	-900.13	2,657	2,663	Upgrade
Change in Working Capital	69	87	6	173	35	-44	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.