$BEP

Brookfield Renewable Energy Partners L.P.

CIK:0001533232|SEC Filings
v3.25.4
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Consolidated Statment of Income (Loss) [line items]      
Revenues $ 6,407 $ 5,876 $ 5,038
Other income 1,589 627 671
Direct operating costs [1] (2,903) (2,580) (1,933)
Management service costs (223) (204) (205)
Interest expense (2,457) (1,988) (1,627)
Share of (loss) earnings from equity-accounted investments (110) (88) 186
Foreign exchange and financial instruments gain 1,434 880 502
Depreciation (2,425) (2,010) (1,852)
Other (1,214) (713) (212)
Income tax recovery (expense)      
Current 249 160 (128)
Deferred 365 31 176
Effective income tax recovery 614 191 48
Net income (loss) 712 (9) 616
Net income (loss) attributable to:      
Preferred limited partners’ equity 34 37 41
Limited partners’ equity (71) (255) (91)
Net income (loss) $ 712 $ (9) $ 616
Basic loss per LP unit (in dollars per share) $ (0.25) $ (0.89) $ (0.32)
Diluted loss per LP unit (in dollars per share) $ (0.25) $ (0.89) $ (0.32)
Non-controlling interest      
Consolidated Statment of Income (Loss) [line items]      
Revenues $ 3,822 $ 3,386 $ 2,446
Other income 932 44 340
Direct operating costs (1,800) (1,598) (987)
Management service costs 0 0 0
Income tax recovery (expense)      
Current 304 201 (95)
Participating non-controlling interests – in operating subsidiaries      
Income tax recovery (expense)      
Net income (loss) 627 353 619
Net income (loss) attributable to:      
Net income (loss) allocated to non-controlling interests 627 353 619
Net income (loss) 627 353 619
General partnership interest in a holding subsidiary held by Brookfield      
Income tax recovery (expense)      
Net income (loss) 144 125 111
Net income (loss) attributable to:      
Net income (loss) allocated to non-controlling interests 144 125 111
Net income (loss) 144 125 111
Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield      
Income tax recovery (expense)      
Net income (loss) (48) (174) (63)
Net income (loss) attributable to:      
Net income (loss) allocated to non-controlling interests (48) (174) (63)
Net income (loss) (48) (174) (63)
BEPC exchangeable shares and class A.2 exchangeable shares      
Net income (loss) attributable to:      
Net income (loss) allocated to non-controlling interests (44) (160) (57)
Preferred equity      
Income tax recovery (expense)      
Net income (loss) 30 28 27
Net income (loss) attributable to:      
Net income (loss) allocated to non-controlling interests 30 28 27
Net income (loss) 30 28 27
Perpetual subordinated notes      
Income tax recovery (expense)      
Net income (loss) 40 37 29
Net income (loss) attributable to:      
Net income (loss) allocated to non-controlling interests 40 37 29
Net income (loss) $ 40 $ 37 $ 29
[1] Direct operating costs exclude depreciation expense disclosed below.