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v3.19.2

CONSOLIDATED STATEMENTS OF OPERATING RESULTS - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2019 | Jun. 30, 2018
Profit or loss [abstract] |  |  |  |
Revenues | $ 1,685 | $ 1,044 | $ 3,278 | $ 2,057
Direct operating costs | (840) | (467) | (1,638) | (876)
General and administrative expenses | (64) | (54) | (125) | (112)
Depreciation and amortization expense | (323) | (188) | (615) | (381)
Profit (loss) from operating activities | 458 | 335 | 900 | 688
Interest expense | (241) | (125) | (453) | (239)
Share of profit (loss) of associates and joint ventures accounted for using equity method | 34 | 1 | 52 | (4)
Mark-to-market on hedging items | 52 | 63 | 34 | 27
Gain (Loss) on Disposition of Business | 0 | 0 | 0 | 338
Other income | 12 | 17 | 22 | (7)
Income before income tax | 315 | 291 | 555 | 803
Income tax (expense) recovery |  |  |  |
Current | (62) | (46) | (125) | (216)
Deferred | 1 | (26) | (11) | (41)
Net income | 254 | 219 | 419 | 546
Attributable to: |  |  |  |
Limited partners | 42 | 64 | 36 | 186
General partner | 39 | 34 | 77 | 69
Non-controlling interest attributable to: |  |  |  |
Redeemable Partnership Units held by Brookfield | 17 | 27 | 15 | 79
Non-controlling Interest In Net Income (Loss), Exchange LP Units | 0 | 0 | 0 | 0
Interest of others in operating subsidiaries | $ 156 | $ 94 | $ 291 | $ 212
Basic and diluted (loss) earnings per unit attributable to: |  |  |  |
Limited partners | $ 0.12 | $ 0.21 | $ 0.07 | $ 0.63

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