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0.77 Brookfield reported net income for the three-month period ended March 31, 2021 of $190 million ($0.27 per unit) compared to $119 million ($0.13 per unit) in the prior year. Net income per unit more than doubled, reflecting strong organic growth and contributions from recently completed acquisitions. Current year results also benefited from favorable commodity markets and the recognition of a gain on the partial disposition of our U.S. gas pipeline. These positive factors were partially offset by lower unrealized gains recognized on our corporate hedging program relative to the prior year. Funds from Operations (or FFO) of $431 million for the quarter increased by 20% over the same period last year as a result of strong base business growth and the contribution from new investments acquired in 2020. FFO grew organically by 8% due to inflationary tariff increases, modestly higher volumes associated with the early stages of the economic recovery, and the completion of $800 millio

United statesNova scotiaKate whiteJohn mullenClaire hollandAsia pacificSam pollockCumulative classa preferred limited partnership unitsCopies of the partnershipExchange lp unitsTelstra corporationInvestment corporation senior preferredPartnership supplemental informationBrookfield infrastructure corporationBoard of directors brookfield infrastructure corporationRedeemable partnership units