Business Context and Reporting Period
This Form 6-K filing by Brookfield Business Partners L.P. was submitted on June 20, 2019, for the month of June 2019. The registrant is a foreign private issuer based in Bermuda. The filing primarily serves to incorporate by reference unaudited pro forma financial statements and combined financial statements related to specific business acquisitions.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it references the following exhibits containing the financial data:
- Exhibit 99.1: Unaudited condensed pro forma financial statements as of March 31, 2019, and for the periods ended March 31, 2019, and December 31, 2018.
- Exhibit 99.2: Unaudited combined financial statements of the Power Solutions Business of Johnson Controls International plc for the three months ended March 31, 2019.
Material Changes
The filing indicates material changes related to the integration of new business units, specifically:
- The Power Solutions Business of Johnson Controls International plc.
- Assets related to Toshiba Nuclear Energy Holdings (US) Inc. and Toshiba Nuclear Energy Holdings (UK) Ltd., evidenced by auditor consents in Exhibits 99.3 and 99.4.
Specific quantitative comparisons to prior periods are not detailed in the cover text but are contained within the referenced exhibits.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, or specific risk disclosures. The document is a procedural filing to attach financial exhibits to the registrant's registration statement on Form F-3 (File No. 333-220346).
Investor Verification Checklist
- Review Exhibit 99.1 for pro forma financial impacts of recent acquisitions as of March 31, 2019.
- Analyze Exhibit 99.2 for the standalone performance of the acquired Johnson Controls Power Solutions Business.
- Verify the scope of auditor consents in Exhibits 99.3 and 99.4 regarding Toshiba Nuclear Energy Holdings.
- Confirm the incorporation of these exhibits into the active Form F-3 registration statement.