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INVESTMENT IN ASSOCIATES AND JOINT VENTURES (Tables)
12 Months Ended
Dec. 31, 2017
Interests In Other Entities [Abstract]  
Disclosure of ownership interest, voting interest, and carrying value of joint ventures
The following table presents the ownership interest and carrying values of Brookfield Infrastructure’s investments in associates and joint ventures:
 
 
Name of entity
 
Ownership and Voting Interest
 
Carrying Value
US$ MILLIONS
 
 
Dec. 31, 2017
 
Dec. 31, 2016
 
Dec. 31, 2017
 
Dec. 31, 2016
Brazilian toll road(1),(2)
 
Arteris S.A.
 
45
%
 
49
%
 
$
1,715

 
$
1,505

North American natural gas transmission operation(3),(4)
 
Natural Gas Pipeline of America LLC
 
50
%
 
50
%
 
1,013

 
806

Chilean electricity transmission operation(5)
 

Transelec S.A., held through ETC Transmission Holdings, S.L.
 
28
%
 
28
%
 
930

 
699

European telecommunications infrastructure operations
 
TDF Infrastructure SAS
 
21
%
 
21
%
 
614

 
536

Brazilian rail business
 
VLI S.A.
 
11
%
 
11
%
 
436

 
376

Australian ports operation(6)
 
Patrick Terminals, held through PTH No 1 Pty Ltd
 
13
%
 
13
%
 
191

 
181

Other(7)
 
 
 
11%-50%

 
11%-50%

 
673

 
624

Total
 
 
 
 
 
 
 
$
5,572

 
$
4,727

The following table represents the change in the balance of investments in associates and joint ventures:
US$ MILLIONS
 
2017
 
2016
Balance at beginning of year
 
$
4,727

 
$
2,973

Share of earnings for the year(3)
 
118

 
248

Foreign currency translation and other
 
167

 
219

Share of other comprehensive income
 
183

 
225

Distributions
 
(66
)
 
(46
)
Disposition of interest(1)
 
(177
)
 

Acquisitions(2),(4),(5)
 
620

 
1,108

Balance at end of year
 
$
5,572

 
$
4,727

\
 
(1)
In August 2017, Brookfield Infrastructure, alongside institutional partners and a Brookfield-sponsored infrastructure fund, reorganized the holding entities of its investment in the Brazilian toll road operation. This transaction resulted in no gain or loss being recorded within the Consolidated Statements of Operating Results. The reorganization resulted in Brookfield Infrastructure no longer consolidating an 8% interest of the investment attributable to an institutional partner. The reorganization concurrently reduced the investments in associates and joint venture and non-controlling interest partnership capital balances by $177 million during the third quarter of 2017.
(2)
Throughout 2017, Brookfield Infrastructure, alongside an institutional partner, injected $349 million into the Brazilian toll road operation for growth capital expenditure requirements increasing our partnership’s ownership interest to 45%.
(3)
Share of earnings for the year ended December 31, 2016 includes $195 million of non-recurring gains primarily related to our transport and energy operations.
(4)
In May 2017, Brookfield Infrastructure and its partner in its North American natural gas transmission operation each injected $200 million into the business to pay down operating level debt. A similar transaction was completed in April 2016 by Brookfield Infrastructure and its partner in the amount of $312 million.
(5)
During December 2017, our partnership signed an agreement to sell our ownership in ETC Transmission Holdings. Completion of this transaction is subject to certain closing conditions, third party consents and regulatory approvals.
(6)
In August 2016, Brookfield Infrastructure expanded its ports operations in Australia as it acquired an effective 13% interest in PTH No 1 Pty Ltd (“Patrick”) through a Brookfield-sponsored infrastructure fund, alongside institutional partners, for total consideration of $202 million. The Brookfield consortium maintains 50% of the voting rights of Patrick in a joint venture with Qube Holdings Limited, along with its institutional partners. Brookfield Infrastructure has joint control through its position in the business. Accordingly, Brookfield Infrastructure equity accounts for the entity.
(7)
Other includes our partnership’s Texas electricity transmission project, Brazil electricity transmission operation, European port operation, North American west coast container terminal, U.S. gas storage operation and other investments in associates and joint ventures held through consolidated subsidiaries.
Disclosure of ownership interest, voting interest, and carrying value of associates
The following table presents the ownership interest and carrying values of Brookfield Infrastructure’s investments in associates and joint ventures:
 
 
Name of entity
 
Ownership and Voting Interest
 
Carrying Value
US$ MILLIONS
 
 
Dec. 31, 2017
 
Dec. 31, 2016
 
Dec. 31, 2017
 
Dec. 31, 2016
Brazilian toll road(1),(2)
 
Arteris S.A.
 
45
%
 
49
%
 
$
1,715

 
$
1,505

North American natural gas transmission operation(3),(4)
 
Natural Gas Pipeline of America LLC
 
50
%
 
50
%
 
1,013

 
806

Chilean electricity transmission operation(5)
 

Transelec S.A., held through ETC Transmission Holdings, S.L.
 
28
%
 
28
%
 
930

 
699

European telecommunications infrastructure operations
 
TDF Infrastructure SAS
 
21
%
 
21
%
 
614

 
536

Brazilian rail business
 
VLI S.A.
 
11
%
 
11
%
 
436

 
376

Australian ports operation(6)
 
Patrick Terminals, held through PTH No 1 Pty Ltd
 
13
%
 
13
%
 
191

 
181

Other(7)
 
 
 
11%-50%

 
11%-50%

 
673

 
624

Total
 
 
 
 
 
 
 
$
5,572

 
$
4,727

The following table represents the change in the balance of investments in associates and joint ventures:
US$ MILLIONS
 
2017
 
2016
Balance at beginning of year
 
$
4,727

 
$
2,973

Share of earnings for the year(3)
 
118

 
248

Foreign currency translation and other
 
167

 
219

Share of other comprehensive income
 
183

 
225

Distributions
 
(66
)
 
(46
)
Disposition of interest(1)
 
(177
)
 

Acquisitions(2),(4),(5)
 
620

 
1,108

Balance at end of year
 
$
5,572

 
$
4,727

\
 
(1)
In August 2017, Brookfield Infrastructure, alongside institutional partners and a Brookfield-sponsored infrastructure fund, reorganized the holding entities of its investment in the Brazilian toll road operation. This transaction resulted in no gain or loss being recorded within the Consolidated Statements of Operating Results. The reorganization resulted in Brookfield Infrastructure no longer consolidating an 8% interest of the investment attributable to an institutional partner. The reorganization concurrently reduced the investments in associates and joint venture and non-controlling interest partnership capital balances by $177 million during the third quarter of 2017.
(2)
Throughout 2017, Brookfield Infrastructure, alongside an institutional partner, injected $349 million into the Brazilian toll road operation for growth capital expenditure requirements increasing our partnership’s ownership interest to 45%.
(3)
Share of earnings for the year ended December 31, 2016 includes $195 million of non-recurring gains primarily related to our transport and energy operations.
(4)
In May 2017, Brookfield Infrastructure and its partner in its North American natural gas transmission operation each injected $200 million into the business to pay down operating level debt. A similar transaction was completed in April 2016 by Brookfield Infrastructure and its partner in the amount of $312 million.
(5)
During December 2017, our partnership signed an agreement to sell our ownership in ETC Transmission Holdings. Completion of this transaction is subject to certain closing conditions, third party consents and regulatory approvals.
(6)
In August 2016, Brookfield Infrastructure expanded its ports operations in Australia as it acquired an effective 13% interest in PTH No 1 Pty Ltd (“Patrick”) through a Brookfield-sponsored infrastructure fund, alongside institutional partners, for total consideration of $202 million. The Brookfield consortium maintains 50% of the voting rights of Patrick in a joint venture with Qube Holdings Limited, along with its institutional partners. Brookfield Infrastructure has joint control through its position in the business. Accordingly, Brookfield Infrastructure equity accounts for the entity.
(7)
Other includes our partnership’s Texas electricity transmission project, Brazil electricity transmission operation, European port operation, North American west coast container terminal, U.S. gas storage operation and other investments in associates and joint ventures held through consolidated subsidiaries.
Disclosure of interests in associates
The following tables present the gross assets and liabilities of Brookfield Infrastructure’s investments in associates and joint ventures:
 
 
As at December 31, 2017
 
 
Total
 
Attributable to
US$ MILLIONS
 
Current
Assets
 
Non-
Current
Assets
 
Total
Assets
 
Current
Liabilities
 
Non-
Current
Liabilities
 
Total
Liabilities
 
Total
Net
Assets
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
304

 
$
5,769

 
$
6,073

 
$
602

 
$
2,102

 
$
2,704

 
$
3,369

 
$
1,654

 
$
1,715

North American natural gas transmission operation
 
139

 
4,741

 
4,880

 
139

 
2,716

 
2,855

 
2,025

 
1,012

 
1,013

Chilean electricity transmission operation
 
280

 
7,122

 
7,402

 
181

 
3,874

 
4,055

 
3,347

 
2,417

 
930

European telecommunications infrastructure operation
 
464

 
6,281

 
6,745

 
561

 
2,968

 
3,529

 
3,216

 
2,602

 
614

Brazilian rail business
 
743

 
6,131

 
6,874

 
515

 
2,405

 
2,920

 
3,954

 
3,518

 
436

Australian ports operation
 
198

 
2,281

 
2,479

 
24

 
1,332

 
1,356

 
1,123

 
932

 
191

Other
 
694

 
5,228

 
5,922

 
865

 
2,291

 
3,156

 
2,766

 
2,093

 
673

Total
 
$
2,822

 
$
37,553

 
$
40,375

 
$
2,887

 
$
17,688

 
$
20,575

 
$
19,800

 
$
14,228

 
$
5,572


 
 
As at December 31, 2016
 
 
Total
 
Attributable to
US$ MILLIONS
 
Current
Assets
 
Non-
Current
Assets
 
Total
Assets
 
Current
Liabilities
 
Non-
Current
Liabilities
 
Total
Liabilities
 
Total
Net
Assets
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
263

 
$
4,977

 
$
5,240

 
$
823

 
$
1,665

 
$
2,488

 
$
2,752

 
$
1,247

 
$
1,505

North American natural gas transmission operation
 
122

 
5,767

 
5,889

 
1,353

 
2,925

 
4,278

 
1,611

 
805

 
806

Chilean electricity transmission operation
 
221

 
5,519

 
5,740

 
142

 
3,234

 
3,376

 
2,364

 
1,665

 
699

European telecommunications infrastructure operation
 
328

 
5,437

 
5,765

 
443

 
2,528

 
2,971

 
2,794

 
2,258

 
536

Brazilian rail business
 
460

 
5,265

 
5,725

 
674

 
1,645

 
2,319

 
3,406

 
3,030

 
376

Australian ports operation
 
171

 
2,166

 
2,337

 
66

 
1,229

 
1,295

 
1,042

 
861

 
181

Other
 
360

 
4,378

 
4,738

 
515

 
1,827

 
2,342

 
2,396

 
1,772

 
624

Total
 
$
1,925

 
$
33,509

 
$
35,434

 
$
4,016

 
$
15,053

 
$
19,069

 
$
16,365

 
$
11,638

 
$
4,727

The following tables present the gross amounts of revenue, net income, other comprehensive income from Brookfield Infrastructure’s investments in associates and joint ventures for the years ended December 31, 2017, 2016, and 2015:
 
 
Year ended December 31, 2017
 
 
Total
 
Attributable to
US$ MILLIONS
 
Revenue
 
Net
Income
 
OCI
 
Total
Comprehensive
Income
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
928

 
$
95

 
$
(39
)
 
$
56

 
$
19

 
$
37

North American natural gas transmission operation
 
681

 
15

 
(1
)
 
14

 
7

 
7

Chilean electricity transmission operation
 
441

 
37

 
806

 
843

 
609

 
234

European telecommunications infrastructure operation
 
783

 
58

 
435

 
493

 
409

 
84

Brazilian rail business
 
1,409

 
56

 
490

 
546

 
486

 
60

Australian ports operation
 
418

 
19

 
78

 
97

 
80

 
17

Other
 
1,809

 
98

 
(19
)
 
79

 
55

 
24

Total
 
$
6,469

 
$
378

 
$
1,750

 
$
2,128

 
$
1,665

 
$
463

 
 
Year ended December 31, 2016
 
 
Total
 
Attributable to
US$ MILLIONS
 
Revenue
 
Net
Income
 
OCI
 
Total
Comprehensive
Income
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
766

 
$
185

 
$
382

 
$
567

 
$
275

 
$
292

North American natural gas transmission operation
 
573

 
133

 
5

 
138

 
69

 
69

Chilean electricity transmission operation
 
433

 
38

 
217

 
255

 
184

 
71

European telecommunications infrastructure operation
 
767

 
121

 
376

 
497

 
393

 
104

Brazilian rail business
 
1,024

 
70

 
976

 
1,046

 
931

 
115

Australian ports operation
 
164

 
(31
)
 
(81
)
 
(112
)
 
(97
)
 
(15
)
Other
 
1,091

 
54

 
280

 
334

 
278

 
56

Total
 
$
4,818

 
$
570

 
$
2,155

 
$
2,725

 
$
2,033

 
$
692


 
 
Year ended December 31, 2015
 
 
Total
 
Attributable to
US$ MILLIONS
 
Revenue
 
Net
Income
 
OCI
 
Total
Comprehensive
Income
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
758

 
$
(12
)
 
$
(1,118
)
 
$
(1,130
)
 
$
(778
)
 
$
(352
)
North American natural gas transmission operation
 
522

 
(29
)
 

 
(29
)
 
(19
)
 
(10
)
Chilean electricity transmission operation
 
432

 
75

 
(145
)
 
(70
)
 
(51
)
 
(19
)
European telecommunications infrastructure operation
 
579

 
62

 
72

 
134

 
104

 
30

Brazilian rail business
 
1,074

 
136

 
(668
)
 
(532
)
 
(474
)
 
(58
)
Other
 
947

 
94

 
212

 
306

 
241

 
65

Total
 
$
4,312

 
$
326

 
$
(1,647
)
 
$
(1,321
)
 
$
(977
)
 
$
(344
)
The following tables present the cash flow activities of Brookfield Infrastructure’s investments in associates and joint ventures for the years ended December 31, 2017, 2016, and 2015:
 
 
Year ended December 31, 2017
 
 
Total
 
Attributable to
US$ MILLIONS
 
Operating
 
Investing
 
Financing
 
Total Cash Flows
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
345

 
$
(1,046
)
 
$
800

 
$
99

 
$
57

 
$
42

North American natural gas transmission operation
 
258

 
(169
)
 
(79
)
 
10

 
5

 
5

Chilean electricity transmission operation
 
256

 
(240
)
 
14

 
30

 
22

 
8

European telecommunications infrastructure operation
 
338

 
(226
)
 
(58
)
 
54

 
43

 
11

Brazilian rail business
 
472

 
(458
)
 
292

 
306

 
272

 
34

Australian ports operation
 
80

 
(15
)
 
(22
)
 
43

 
40

 
3

Other
 
284

 
(729
)
 
538

 
93

 
80

 
13

Total
 
$
2,033

 
$
(2,883
)
 
$
1,485

 
$
635

 
$
519

 
$
116

 
 
Year ended December 31, 2016
 
 
Total
 
Attributable to
US$ MILLIONS
 
Operating
 
Investing
 
Financing
 
Total Cash Flows
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
249

 
$
(491
)
 
$
212

 
$
(30
)
 
$
(19
)
 
$
(11
)
North American natural gas transmission operation
 
163

 
(170
)
 
2

 
(5
)
 
(2
)
 
(3
)
Chilean electricity transmission operation
 
273

 
(207
)
 
(27
)
 
39

 
28

 
11

European telecommunications infrastructure operation
 
325

 
(323
)
 
(83
)
 
(81
)
 
(64
)
 
(17
)
Brazilian rail business
 
337

 
(780
)
 
272

 
(171
)
 
(152
)
 
(19
)
Australian ports operation
 
15

 
(391
)
 
433

 
57

 
47

 
10

Other
 
142

 
(229
)
 
71

 
(16
)
 
(15
)
 
(1
)
Total
 
$
1,504

 
$
(2,591
)
 
$
880

 
$
(207
)
 
$
(177
)
 
$
(30
)
 
 
Year ended December 31, 2015
 
 
Total
 
Attributable to
US$ MILLIONS
 
Operating
 
Investing
 
Financing
 
Total Cash Flows
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
194

 
$
(534
)
 
$
59

 
$
(281
)
 
$
(194
)
 
$
(87
)
North American natural gas transmission operation
 
98

 
(157
)
 
10

 
(49
)
 
(32
)
 
(17
)
Chilean electricity transmission operation
 
274

 
(122
)
 
(197
)
 
(45
)
 
(32
)
 
(13
)
European telecommunications infrastructure operation
 
253

 
(101
)
 
(19
)
 
133

 
106

 
27

Brazilian rail business
 
309

 
(929
)
 
588

 
(32
)
 
(29
)
 
(3
)
Other
 
154

 
(89
)
 
(36
)
 
29

 
18

 
11

Total
 
$
1,282

 
$
(1,932
)
 
$
405

 
$
(245
)
 
$
(163
)
 
$
(82
)
Disclosure of interests in joint ventures
The following tables present the gross assets and liabilities of Brookfield Infrastructure’s investments in associates and joint ventures:
 
 
As at December 31, 2017
 
 
Total
 
Attributable to
US$ MILLIONS
 
Current
Assets
 
Non-
Current
Assets
 
Total
Assets
 
Current
Liabilities
 
Non-
Current
Liabilities
 
Total
Liabilities
 
Total
Net
Assets
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
304

 
$
5,769

 
$
6,073

 
$
602

 
$
2,102

 
$
2,704

 
$
3,369

 
$
1,654

 
$
1,715

North American natural gas transmission operation
 
139

 
4,741

 
4,880

 
139

 
2,716

 
2,855

 
2,025

 
1,012

 
1,013

Chilean electricity transmission operation
 
280

 
7,122

 
7,402

 
181

 
3,874

 
4,055

 
3,347

 
2,417

 
930

European telecommunications infrastructure operation
 
464

 
6,281

 
6,745

 
561

 
2,968

 
3,529

 
3,216

 
2,602

 
614

Brazilian rail business
 
743

 
6,131

 
6,874

 
515

 
2,405

 
2,920

 
3,954

 
3,518

 
436

Australian ports operation
 
198

 
2,281

 
2,479

 
24

 
1,332

 
1,356

 
1,123

 
932

 
191

Other
 
694

 
5,228

 
5,922

 
865

 
2,291

 
3,156

 
2,766

 
2,093

 
673

Total
 
$
2,822

 
$
37,553

 
$
40,375

 
$
2,887

 
$
17,688

 
$
20,575

 
$
19,800

 
$
14,228

 
$
5,572


 
 
As at December 31, 2016
 
 
Total
 
Attributable to
US$ MILLIONS
 
Current
Assets
 
Non-
Current
Assets
 
Total
Assets
 
Current
Liabilities
 
Non-
Current
Liabilities
 
Total
Liabilities
 
Total
Net
Assets
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
263

 
$
4,977

 
$
5,240

 
$
823

 
$
1,665

 
$
2,488

 
$
2,752

 
$
1,247

 
$
1,505

North American natural gas transmission operation
 
122

 
5,767

 
5,889

 
1,353

 
2,925

 
4,278

 
1,611

 
805

 
806

Chilean electricity transmission operation
 
221

 
5,519

 
5,740

 
142

 
3,234

 
3,376

 
2,364

 
1,665

 
699

European telecommunications infrastructure operation
 
328

 
5,437

 
5,765

 
443

 
2,528

 
2,971

 
2,794

 
2,258

 
536

Brazilian rail business
 
460

 
5,265

 
5,725

 
674

 
1,645

 
2,319

 
3,406

 
3,030

 
376

Australian ports operation
 
171

 
2,166

 
2,337

 
66

 
1,229

 
1,295

 
1,042

 
861

 
181

Other
 
360

 
4,378

 
4,738

 
515

 
1,827

 
2,342

 
2,396

 
1,772

 
624

Total
 
$
1,925

 
$
33,509

 
$
35,434

 
$
4,016

 
$
15,053

 
$
19,069

 
$
16,365

 
$
11,638

 
$
4,727

The following tables present the gross amounts of revenue, net income, other comprehensive income from Brookfield Infrastructure’s investments in associates and joint ventures for the years ended December 31, 2017, 2016, and 2015:
 
 
Year ended December 31, 2017
 
 
Total
 
Attributable to
US$ MILLIONS
 
Revenue
 
Net
Income
 
OCI
 
Total
Comprehensive
Income
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
928

 
$
95

 
$
(39
)
 
$
56

 
$
19

 
$
37

North American natural gas transmission operation
 
681

 
15

 
(1
)
 
14

 
7

 
7

Chilean electricity transmission operation
 
441

 
37

 
806

 
843

 
609

 
234

European telecommunications infrastructure operation
 
783

 
58

 
435

 
493

 
409

 
84

Brazilian rail business
 
1,409

 
56

 
490

 
546

 
486

 
60

Australian ports operation
 
418

 
19

 
78

 
97

 
80

 
17

Other
 
1,809

 
98

 
(19
)
 
79

 
55

 
24

Total
 
$
6,469

 
$
378

 
$
1,750

 
$
2,128

 
$
1,665

 
$
463

 
 
Year ended December 31, 2016
 
 
Total
 
Attributable to
US$ MILLIONS
 
Revenue
 
Net
Income
 
OCI
 
Total
Comprehensive
Income
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
766

 
$
185

 
$
382

 
$
567

 
$
275

 
$
292

North American natural gas transmission operation
 
573

 
133

 
5

 
138

 
69

 
69

Chilean electricity transmission operation
 
433

 
38

 
217

 
255

 
184

 
71

European telecommunications infrastructure operation
 
767

 
121

 
376

 
497

 
393

 
104

Brazilian rail business
 
1,024

 
70

 
976

 
1,046

 
931

 
115

Australian ports operation
 
164

 
(31
)
 
(81
)
 
(112
)
 
(97
)
 
(15
)
Other
 
1,091

 
54

 
280

 
334

 
278

 
56

Total
 
$
4,818

 
$
570

 
$
2,155

 
$
2,725

 
$
2,033

 
$
692


 
 
Year ended December 31, 2015
 
 
Total
 
Attributable to
US$ MILLIONS
 
Revenue
 
Net
Income
 
OCI
 
Total
Comprehensive
Income
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
758

 
$
(12
)
 
$
(1,118
)
 
$
(1,130
)
 
$
(778
)
 
$
(352
)
North American natural gas transmission operation
 
522

 
(29
)
 

 
(29
)
 
(19
)
 
(10
)
Chilean electricity transmission operation
 
432

 
75

 
(145
)
 
(70
)
 
(51
)
 
(19
)
European telecommunications infrastructure operation
 
579

 
62

 
72

 
134

 
104

 
30

Brazilian rail business
 
1,074

 
136

 
(668
)
 
(532
)
 
(474
)
 
(58
)
Other
 
947

 
94

 
212

 
306

 
241

 
65

Total
 
$
4,312

 
$
326

 
$
(1,647
)
 
$
(1,321
)
 
$
(977
)
 
$
(344
)
The following tables present the cash flow activities of Brookfield Infrastructure’s investments in associates and joint ventures for the years ended December 31, 2017, 2016, and 2015:
 
 
Year ended December 31, 2017
 
 
Total
 
Attributable to
US$ MILLIONS
 
Operating
 
Investing
 
Financing
 
Total Cash Flows
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
345

 
$
(1,046
)
 
$
800

 
$
99

 
$
57

 
$
42

North American natural gas transmission operation
 
258

 
(169
)
 
(79
)
 
10

 
5

 
5

Chilean electricity transmission operation
 
256

 
(240
)
 
14

 
30

 
22

 
8

European telecommunications infrastructure operation
 
338

 
(226
)
 
(58
)
 
54

 
43

 
11

Brazilian rail business
 
472

 
(458
)
 
292

 
306

 
272

 
34

Australian ports operation
 
80

 
(15
)
 
(22
)
 
43

 
40

 
3

Other
 
284

 
(729
)
 
538

 
93

 
80

 
13

Total
 
$
2,033

 
$
(2,883
)
 
$
1,485

 
$
635

 
$
519

 
$
116

 
 
Year ended December 31, 2016
 
 
Total
 
Attributable to
US$ MILLIONS
 
Operating
 
Investing
 
Financing
 
Total Cash Flows
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
249

 
$
(491
)
 
$
212

 
$
(30
)
 
$
(19
)
 
$
(11
)
North American natural gas transmission operation
 
163

 
(170
)
 
2

 
(5
)
 
(2
)
 
(3
)
Chilean electricity transmission operation
 
273

 
(207
)
 
(27
)
 
39

 
28

 
11

European telecommunications infrastructure operation
 
325

 
(323
)
 
(83
)
 
(81
)
 
(64
)
 
(17
)
Brazilian rail business
 
337

 
(780
)
 
272

 
(171
)
 
(152
)
 
(19
)
Australian ports operation
 
15

 
(391
)
 
433

 
57

 
47

 
10

Other
 
142

 
(229
)
 
71

 
(16
)
 
(15
)
 
(1
)
Total
 
$
1,504

 
$
(2,591
)
 
$
880

 
$
(207
)
 
$
(177
)
 
$
(30
)
 
 
Year ended December 31, 2015
 
 
Total
 
Attributable to
US$ MILLIONS
 
Operating
 
Investing
 
Financing
 
Total Cash Flows
 
Other
Ownership
Interests
 
Partnership’s
Share
Brazilian toll road
 
$
194

 
$
(534
)
 
$
59

 
$
(281
)
 
$
(194
)
 
$
(87
)
North American natural gas transmission operation
 
98

 
(157
)
 
10

 
(49
)
 
(32
)
 
(17
)
Chilean electricity transmission operation
 
274

 
(122
)
 
(197
)
 
(45
)
 
(32
)
 
(13
)
European telecommunications infrastructure operation
 
253

 
(101
)
 
(19
)
 
133

 
106

 
27

Brazilian rail business
 
309

 
(929
)
 
588

 
(32
)
 
(29
)
 
(3
)
Other
 
154

 
(89
)
 
(36
)
 
29

 
18

 
11

Total
 
$
1,282

 
$
(1,932
)
 
$
405

 
$
(245
)
 
$
(163
)
 
$
(82
)