SEDAR Interim Financial Statements
[ { "companyName": "Brookfield Renewable Corporation", "reportingPeriodEnd": "2026-03-31", "reportStatus": "Unaudited", "auditorName": null, "auditorKeyMatters": [], "balanceSheet": { "cashAndCashEquivalents": 651, "restrictedCash": 42, "tradeReceivablesAndOtherCurrentAssets": 1001, "financialInstrumentAssetsCurrent": 145, "dueFromRelatedPartiesCurrent": 1965, "assetsHeldForSale": 2171, "totalCurrentAssets": 5975, "financialInstrumentAssetsNonCurrent": 408, "equityAccountedInvestments": 948, "propertyPlantAndEquipmentAtFairValue": 38456, "goodwill": 825, "deferredIncomeTaxAssets": 185, "otherLongTermAssets": 197, "totalAssets": 46994, "accountsPayableAndAccruedLiabilities": 644, "financialInstrumentLiabilitiesCurrent": 479, "dueToRelatedPartiesCurrent": 1068, "nonRecourseBorrowingsCurrent": 2326, "provisionsCurrent": 7, "liabilitiesDirectlyAssociatedWithAssetsHeldForSale": 1001, "interestsHeldInBRHCByThePartnership": 6347, "bepcExchangeableAndClassA2ExchangeableShares": 6064, "totalCurrentLiabilities": 17938, "financialInstrumentLiabilitiesNonCurrent": 677, "nonRecourseBorrowingsNonCurrent": 12669, "deferredIncomeTaxLiabilities": 7410, "provisionsNonCurrent": 354, "dueToRelatedPartiesNonCurrent": 512, "otherLongTermLiabilities": 451, "totalLiabilities": 40011, "participatingNonControllingInterestsInOperatingSubsidiaries": 9279, "participatingNonControllingInterestsInHoldingSubsidiaryHeldByPartnership": 336, "thePartnership": -2632, "totalEquity": 6983, "totalLiabilitiesAndEquity": 46994, "cashPerShare": null, "workingCapitalPerShare": null }, "incomeStatement": { "revenues": 883, "otherIncome": 47, "directOperatingCosts": -415, "managementServiceCosts": -46, "interestExpense": -373, "shareOfLossesFromEquityAccountedInvestments": -6, "foreignExchangeAndFinancialInstrumentsLoss": -70, "depreciation": -294, "other": -14, "remeasurementOfInterestsHeldInBRHCByThePartnership": -1102, "remeasurementOfBepcExchangeableAndClassA2ExchangeableShares": -933, "incomeTaxExpenseRecovery": 21, "currentIncomeTax": -11, "deferredIncomeTaxRecovery": 32, "netLoss": -2302, "netLossAttributableToNonControllingInterests": -116, "netLossAttributableToThePartnership": -2186, "weightedAverageSharesOutstanding": null }, "cashFlowStatement": { "operatingActivitiesNetLoss": -2302, "operatingActivitiesAdjustments": { "depreciation": 294, "unrealizedFinancialInstrumentsLoss": 85, "shareOfLossesFromEquityAccountedInvestments": 6, "deferredIncomeTaxRecovery": -32, "otherNonCashItems": 19, "remeasurementOfInterestsHeldInBRHCByThePartnership": 1102, "remeasurementOfBepcExchangeableAndClassA2Shares": 933, "dividendsReceivedFromEquityAccountedInvestments": 3 }, "changesInDueToOrFromRelatedParties": 36, "netChangeInWorkingCapital": -87, "netCashFromOperatingActivities": 57, "financingActivitiesProceedsFromNonRecourseBorrowings": 637, "financingActivitiesRepaymentOfNonRecourseBorrowings": -297, "financingActivitiesCapitalContributionsFromNonControllingInterests": 305, "financingActivitiesExchangeableShareIssuance": 115, "financingActivitiesDistributionsPaidToParticipatingNonControllingInterests": -284, "financingActivitiesRelatedPartyBorrowingsNet": -299, "netCashFromFinancingActivities": 177, "investingActivitiesInvestmentInPropertyPlantAndEquipment": -195, "investingActivitiesInvestmentInEquityAccountedInvestments": -15, "investingActivitiesRestrictedCashAndOther": -41, "netCashFromInvestingActivities": -251, "cashAndCashEquivalentsDecrease": -17, "foreignExchangeGainOnCash": 8, "netChangeInCashClassifiedWithinAssetsHeldForSale": -22, "cashAtBeginningOfPeriod": 682, "cashAtEndOfPeriod": 651 }, "investmentsAndOtherAssets": [ { "type": "Equity-accounted investments", "description": "Investments in associates and joint ventures", "ownershipPercentage": null, "value": 948, "notes": "Note 12 - Equity-accounted investments" }, { "type": "Investments in debt securities", "description": "Debt securities measured at amortized cost", "ownershipPercentage": null, "value": 328, "notes": "Note 4 - Risk management and financial instruments" } ], "shareStructure": { "authorizedShares": null, "issuedShares": null, "classesOfShares": [ "BEPC exchangeable subordinate voting shares", "BEPC class B shares", "Class A.2 exchangeable non-voting shares", "BRHC class B shares", "BRHC class C shares" ], "warrants": [], "options": [], "rightsConvertibleInstruments": "BEPC exchangeable shares are exchangeable for BEP units on a one-for-one basis; class A.2 exchangeable shares are exchangeable for BEPC exchangeable shares or BEP units; BRHC class B and class C shares are exchangeable for BEP units or cash equivalent." }, "managementCompensation": { "currency": null, "periods": {}, "namedIndividuals": [], "otherRelatedPartyTransactions": [] }, "subsequentEvents": [ { "eventDate": null, "description": "The company, together with its institutional partners, agreed to the sale of its remaining 50% interest in a 403 MW portfolio of operating hydroelectric assets in the United States for proceeds of up to $522 million ($249 million net to the company). The closing is subject to customary closing conditions.", "impactValue": 522 } ] } ]