SEDAR Interim Financial Statements

[ { "companyName": "Brookfield Renewable Partners L.P.", "reportingPeriodEnd": "2026-03-31", "reportStatus": "Unaudited", "auditorName": null, "auditorKeyMatters": [], "balanceSheet": { "cashAndCashEquivalents": { "2026-03-31": 2124, "2025-12-31": 2093 }, "restrictedCash": { "2026-03-31": 342, "2025-12-31": 220 }, "tradeReceivablesAndOtherCurrentAssets": { "2026-03-31": 2599, "2025-12-31": 2542 }, "financialInstrumentAssetsCurrent": { "2026-03-31": 603, "2025-12-31": 357 }, "dueFromRelatedPartiesCurrent": { "2026-03-31": 1013, "2025-12-31": 944 }, "assetsHeldForSale": { "2026-03-31": 6339, "2025-12-31": 6142 }, "totalCurrentAssets": { "2026-03-31": 13020, "2025-12-31": 12298 }, "financialInstrumentAssetsNonCurrent": { "2026-03-31": 4484, "2025-12-31": 4395 }, "equityAccountedInvestments": { "2026-03-31": 3711, "2025-12-31": 4087 }, "propertyPlantAndEquipmentAtFairValue": { "2026-03-31": 69504, "2025-12-31": 70456 }, "goodwill": { "2026-03-31": 6045, "2025-12-31": 6019 }, "deferredIncomeTaxAssets": { "2026-03-31": 512, "2025-12-31": 493 }, "otherLongTermAssets": { "2026-03-31": 965, "2025-12-31": 953 }, "totalAssets": { "2026-03-31": 98241, "2025-12-31": 98701 }, "accountsPayableAndAccruedLiabilities": { "2026-03-31": 2200, "2025-12-31": 2246 }, "financialInstrumentLiabilitiesCurrent": { "2026-03-31": 782, "2025-12-31": 670 }, "dueToRelatedPartiesCurrent": { "2026-03-31": 2379, "2025-12-31": 7071 }, "corporateBorrowingsCurrent": { "2026-03-31": 1182, "2025-12-31": 194 }, "nonRecourseBorrowingsCurrent": { "2026-03-31": 6822, "2025-12-31": 7384 }, "provisionsCurrent": { "2026-03-31": 99, "2025-12-31": 112 }, "liabilitiesDirectlyAssociatedWithAssetsHeldForSale": { "2026-03-31": 3935, "2025-12-31": 4021 }, "totalCurrentLiabilities": { "2026-03-31": 17399, "2025-12-31": 21698 }, "financialInstrumentLiabilitiesNonCurrent": { "2026-03-31": 2006, "2025-12-31": 1798 }, "corporateBorrowingsNonCurrent": { "2026-03-31": 3643, "2025-12-31": 3492 }, "nonRecourseBorrowingsNonCurrent": { "2026-03-31": 24953, "2025-12-31": 23822 }, "deferredIncomeTaxLiabilities": { "2026-03-31": 9390, "2025-12-31": 9395 }, "provisionsNonCurrent": { "2026-03-31": 1028, "2025-12-31": 1005 }, "dueToRelatedPartiesNonCurrent": { "2026-03-31": 2718, "2025-12-31": 693 }, "otherLongTermLiabilities": { "2026-03-31": 1862, "2025-12-31": 1824 }, "totalLiabilities": { "2026-03-31": 62999, "2025-12-31": 63727 }, "totalEquity": { "2026-03-31": 35242, "2025-12-31": 34974 }, "totalLiabilitiesAndEquity": { "2026-03-31": 98241, "2025-12-31": 98701 }, "participatingNonControllingInterestsInOperatingSubsidiaries": { "2026-03-31": 25114, "2025-12-31": 24164 }, "generalPartnershipInterestInHoldingSubsidiaryHeldByBrookfield": { "2026-03-31": 48, "2025-12-31": 52 }, "participatingNonControllingInterestsInHoldingSubsidiaryRedeemableExchangeableUnitsHeldByBrookfield": { "2026-03-31": 2368, "2025-12-31": 2524 }, "bepcExchangeableSharesAndClassA2ExchangeableShares": { "2026-03-31": 2221, "2025-12-31": 2330 }, "preferredEquity": { "2026-03-31": 555, "2025-12-31": 563 }, "perpetualSubordinatedNotes": { "2026-03-31": 737, "2025-12-31": 737 }, "preferredLimitedPartnersEquity": { "2026-03-31": 506, "2025-12-31": 634 }, "limitedPartnersEquity": { "2026-03-31": 3693, "2025-12-31": 3970 }, "weightedAverageSharesOutstanding": { "2026-03-31": 305000000, "2025-03-31": 288571428 }, "cashPerShare": 6.9639, "workingCapitalPerShare": -14.3574 }, "incomeStatement": { "revenues": { "2026-03-31": 1514, "2025-03-31": 1580 }, "otherIncome": { "2026-03-31": 138, "2025-03-31": 170 }, "directOperatingCosts": { "2026-03-31": -779, "2025-03-31": -675 }, "managementServiceCosts": { "2026-03-31": -73, "2025-03-31": -49 }, "interestExpense": { "2026-03-31": -639, "2025-03-31": -609 }, "shareOfEarningsLossesFromEquityAccountedInvestments": { "2026-03-31": 21, "2025-03-31": -16 }, "foreignExchangeAndFinancialInstrumentsGain": { "2026-03-31": 220, "2025-03-31": 249 }, "depreciation": { "2026-03-31": -548, "2025-03-31": -583 }, "other": { "2026-03-31": -184, "2025-03-31": -261 }, "currentIncomeTaxExpenseRecovery": { "2026-03-31": -12, "2025-03-31": 41 }, "deferredIncomeTaxExpenseRecovery": { "2026-03-31": 47, "2025-03-31": 45 }, "netLoss": { "2026-03-31": -295, "2025-03-31": -108 }, "netIncomeLossAttributableToNonControllingInterests": { "2026-03-31": -173, "2025-03-31": -7 }, "netIncomeLossAttributableToLimitedPartnersEquity": { "2026-03-31": -122, "2025-03-31": -101 }, "basicAndDilutedLossPerLPUnit": { "2026-03-31": -0.40, "2025-03-31": -0.35 } }, "cashFlowStatement": { "netIncomeLoss": { "2026-03-31": -295, "2025-03-31": -108 }, "depreciation": { "2026-03-31": 548, "2025-03-31": 583 }, "unrealizedForeignExchangeAndFinancialInstrumentsGain": { "2026-03-31": -218, "2025-03-31": -188 }, "shareOfEarningsLossesFromEquityAccountedInvestments": { "2026-03-31": -21, "2025-03-31": 16 }, "deferredIncomeTaxRecovery": { "2026-03-31": -47, "2025-03-31": -45 }, "otherNonCashItems": { "2026-03-31": 187, "2025-03-31": 71 }, "dividendsReceivedFromEquityAccountedInvestments": { "2026-03-31": 87, "2025-03-31": 37 }, "adjustmentsSubtotal": { "2026-03-31": 241, "2025-03-31": 366 }, "changesInDueToOrFromRelatedParties": { "2026-03-31": 5, "2025-03-31": 44 }, "netChangeInWorkingCapitalBalances": { "2026-03-31": -95, "2025-03-31": -23 }, "netCashFromOperatingActivities": { "2026-03-31": 151, "2025-03-31": 387 }, "proceedsFromMediumTermNotes": { "2026-03-31": 359, "2025-03-31": 307 }, "corporateCreditFacilitiesNet": { "2026-03-31": 200, "2025-03-31": -240 }, "commercialPaperNet": { "2026-03-31": 629, "2025-03-31": 204 }, "proceedsFromNonRecourseBorrowings": { "2026-03-31": 2717, "2025-03-31": 3242 }, "repaymentOfNonRecourseBorrowings": { "2026-03-31": -1558, "2025-03-31": -2205 }, "capitalContributionsFromParticipatingNonControllingInterestsInOperatingSubsidiaries": { "2026-03-31": 2181, "2025-03-31": 472 }, "capitalRepaidToParticipatingNonControllingInterestsInOperatingSubsidiaries": { "2026-03-31": -349, "2025-03-31": -104 }, "issuanceOfEquityInstrumentsAndRelatedCosts": { "2026-03-31": 115, "2025-03-31": 0 }, "redemptionAndRepurchaseOfLimitedPartnerEquity": { "2026-03-31": -87, "2025-03-31": -27 }, "redemptionAndRepurchaseOfPreferredEquityInstruments": { "2026-03-31": -128, "2025-03-31": 0 }, "distributionsPaid": { "2026-03-31": -748, "2025-03-31": -526 }, "inflowsFromRelatedParties": { "2026-03-31": 613, "2025-03-31": 2134 }, "outflowsToRelatedParties": { "2026-03-31": -3174, "2025-03-31": -1067 }, "netCashFromFinancingActivities": { "2026-03-31": 770, "2025-03-31": 2190 }, "acquisitionsNetOfCash": { "2026-03-31": 0, "2025-03-31": -2743 }, "investmentInPropertyPlantAndEquipment": { "2026-03-31": -1258, "2025-03-31": -1546 }, "investmentInEquityAccountedInvestments": { "2026-03-31": -18, "2025-03-31": -27 }, "proceedsFromDisposalOfAssets": { "2026-03-31": 653, "2025-03-31": 536 }, "purchasesOfFinancialAssets": { "2026-03-31": -20, "2025-03-31": -67 }, "proceedsFromFinancialAssets": { "2026-03-31": 1, "2025-03-31": 15 }, "restrictedCashAndOther": { "2026-03-31": -216, "2025-03-31": 41 }, "netCashFromInvestingActivities": { "2026-03-31": -858, "2025-03-31": -3791 }, "increaseDecreaseInCash": { "2026-03-31": 63, "2025-03-31": -1214 }, "foreignExchangeGainLossOnCash": { "2026-03-31": -3, "2025-03-31": 56 }, "netChangeInCashClassifiedWithinAssetsHeldForSale": { "2026-03-31": -29, "2025-03-31": -22 }, "cashBeginningOfPeriod": { "2026-03-31": 2093, "2025-03-31": 3135 }, "cashEndOfPeriod": { "2026-03-31": 2124, "2025-03-31": 1955 } }, "investmentsAndOtherAssets": [ { "type": "Equity-accounted investments", "description": "Investments in associates and joint ventures in hydroelectric, wind, utility-scale solar, distributed energy and storage, sustainable solutions", "ownershipPercentage": null, "value": 3711, "notes": "See Note 13" }, { "type": "Financial instrument assets - IFRS 9 PPAs", "description": "Power purchase agreements accounted for under IFRS 9, measured at fair value (Level 3)", "ownershipPercentage": null, "value": 326, "notes": "Included in financial instrument assets, non-current" }, { "type": "Investments in debt and equity securities", "description": "Investments in debt and equity securities measured at fair value (Level 2 and 3)", "ownershipPercentage": null, "value": 3589, "notes": "Includes $346 million measured at amortized cost; from Note 4 fair value hierarchy" }, { "type": "Tax equity investments", "description": "Tax equity structures for US solar and wind projects, classified as financial instrument assets (Level 3)", "ownershipPercentage": null, "value": 345, "notes": "Included in financial instrument assets, non-current" } ], "shareStructure": { "authorizedShares": null, "issuedShares": 303275965, "classesOfShares": [ "LP units", "Redeemable/Exchangeable partnership units", "GP interest", "BEPC exchangeable shares", "class A.2 exchangeable shares" ], "warrants": [], "options": [], "rightsConvertibleInstruments": "Redeemable/Exchangeable partnership units, BEPC exchangeable shares and class A.2 exchangeable shares are convertible into LP units on a one-for-one basis at the holder's option, subject to Brookfield's right to settle in cash." }, "managementCompensation": null, "subsequentEvents": [ { "eventDate": null, "description": "Subsequent to quarter end, Brookfield Renewable together with institutional partners agreed to sell 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 Brookfield Renewable). The closing is subject to customary closing conditions.", "impactValue": 522 } ] } ]