Business Context and Reporting Period
This Form 6-K was filed on July 7, 2023, by Brookfield Business Partners L.P. and Brookfield Business Corporation. The filing serves to incorporate by reference specific financial exhibits into the registrants' registration statements on Form F-3. The reporting period for the incorporated exhibits varies, covering audited statements for years ended June 30, 2022 and 2021, and unaudited pro forma statements as of March 31, 2023.
Key Financial Metrics
The filing text itself does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures for Brookfield Business Partners L.P. or Brookfield Business Corporation. Instead, it references the following attached exhibits containing financial data:
- Exhibit 99.1: Audited consolidated financial statements of CDK Global, Inc. (years ended June 30, 2022 and 2021).
- Exhibit 99.2: Unaudited interim combined financial statements of the Lottery Business (Scientific Games Corporation carve-out) for periods ending March 31, 2022.
- Exhibit 99.3 & 99.4: Unaudited pro forma financial statements for Brookfield Business Partners L.P. and Brookfield Business Corporation as of March 31, 2023, and for the twelve months ended December 31, 2022.
Specific numerical values for the registrants' current financial position are not present in the provided text.
Material Changes
The filing does not explicitly detail material changes versus prior periods within the main text. The inclusion of pro forma financial statements (Exhibits 99.3 and 99.4) suggests the filing relates to a significant corporate transaction or restructuring, but the specific nature and impact of these changes are contained within the referenced exhibits rather than the summary text.
Guidance, Outlook, and Risks
The provided text contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The document is a procedural filing to attach exhibits to existing registration statements.
Investor Verification Checklist
- Review Exhibit 99.3 and 99.4 to understand the pro forma financial impact of recent transactions on Brookfield Business Partners L.P. and Brookfield Business Corporation.
- Verify the details of the Lottery Business carve-out from Scientific Games Corporation in Exhibit 99.2.
- Confirm the status of the Form F-3 registration statements (File Nos: 333-264630, 333-251316, and 333-258765) to which these exhibits are incorporated.
- Examine the audited statements of CDK Global, Inc. in Exhibit 99.1 for historical performance data relevant to the partnership.