Brookfield Infrastructure Partners(US:BIP)2024-05-01 12:46Financial Performance - Brookfield Infrastructure's Funds From Operations (FFO) reached $615 million, or $078 per unit, representing an 8% increase compared to the prior year[5, 183] - The distribution per unit was $0405, a 6% increase year-over-year[6, 174] - The payout ratio for the quarter was 67%, aligning with the company's long-term target range of 60-70%[168, 183] - Adjusted Funds From Operations (AFFO) amounted to $512 million[117] - Return on Invested Capital (ROIC) stood at 14%[102, 168] Segment Results - Utilities segment Adjusted EBITDA and FFO were $316 million and $190 million, respectively[18, 22, 42] - Transport segment Adjusted EBITDA and FFO were $401 million and $302 million, respectively[39, 40] - Midstream segment Adjusted EBITDA and FFO were $256 million and $170 million, respectively[28, 58] - Data segment Adjusted EBITDA and FFO were $130 million and $68 million, respectively[18, 67, 70] Strategic Initiatives and Liquidity - Brookfield Infrastructure secured approximately $12 billion in capital recycling proceeds, exceeding half of its $2 billion target[171] - Total liquidity was approximately $45 billion as of March 31, 2024[89, 162] - The company deployed approximately $450 million in growth capital expenditures across its utility, transport, midstream, and data businesses[185]