Brookfield Infrastructure Partners (BIP) Reports Q4 FFO of $0.69
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Brookfield Infrastructure Reports 2016 Year-End Results
February 1, 2017 6:45 AM ESTBROOKFIELD, NEWS -- (Marketwired) -- 02/01/17 -- Brookfield Infrastructure (NYSE: BIP)(TSX: BIP.UN) today announced its results for the year ended December 31, 2016.
Three Months Ended Year Ended December 31 December 31 ------------------------------------ US$ millions (except per unit amounts), unaudited 2016 2015 2016 2015 ---------------------------------------------------------------------------- Net income(1) $ 162 $ 25 $ 474 $ 298 - per unit(2) $ 0.40 $ 0.02 $ 1.13 $ 0.69 FFO(3) $ 245 $ 204 $ 944 $ 808 - per unit(4) $ 0.69 $ 0.59 $ 2.72 $ 2.39 ---------------------------------------------------------------------------- ----------------------------------------------------------------------------Brookfield Infrastructure reported net income for the year of $474 million ($1.13 per unit) compared to $298 million ($0.69 per unit) reflecting higher FFO generated across a majority of our operations and gains of $190 million which were partially offset by higher... More
