Business Context and Reporting Period
This Form 6-K filing by Brookfield Business Partners L.P. covers the month of March 2019. The filing serves to disclose the submission of a Canadian base shelf prospectus filed on March 1, 2019, along with associated information provided to Canadian securities regulatory authorities.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the Company. Instead, it references unaudited pro forma financial statements and audited/unaudited combined financial statements for acquired or related entities (Toshiba Nuclear Energy Holdings and Johnson Controls Power Solutions Business) as exhibits. No consolidated financial results for Brookfield Business Partners L.P. are presented in the body of this document.
Material Changes
The primary material event disclosed is the filing of a Canadian base shelf prospectus. The filing includes pro forma financial data reflecting the Company's position as of September 30, 2018, and operating results for the nine months ended September 30, 2018, and the year ended December 31, 2017, though specific comparative changes are not detailed in the summary text.
Guidance, Outlook, and Risks
The filing does not contain management commentary, forward-looking guidance, or specific risk factors. It is a procedural filing to incorporate by reference the prospectus and related financial exhibits regarding specific business units.
Investor Verification Checklist
- Review Exhibit 99.1 for unaudited condensed pro forma financial statements as of September 30, 2018.
- Examine Exhibits 99.2 and 99.3 for financial details regarding Toshiba Nuclear Energy Holdings (US) and (UK) subsidiaries.
- Examine Exhibits 99.4 and 99.5 for financial details regarding the Power Solutions Business of Johnson Controls International plc.
- Verify the terms and conditions of the Canadian base shelf prospectus filed on March 1, 2019.