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Brookfield Press Release Brookfield Business Partners Reports First Quarter 2021 Results - Brookfield , News , May 5 , 2021 Brookfield Business Partners L.P. ( NYSE : BBU ) ( TSX : BBU.UN ) ( " Brookfield Business Partners " ) announced financial results for the quarter ended March 31 , 2021 . " We generated strong performance to start the year and our businesses are benefiting from the continued recovery in conditions as global economies reopen , " said Cyrus Madon , CEO of Brookfield Business Partners . " We completed the privatization of Sagen and advanced several capital recycling initiatives during the quarter which position us well for growth this year . " US $ millions ( except per unit amounts ) unaudited Net income ( loss ) attributable to unitholders¹ Net income ( loss ) per limited partnership unit² Company EBITDA 1,4 Company FFO 1,3 Company FFO per unit² Three Months Ended March 31 , 2021 2020 $ 530 $ ( 126 ) $ 3.57 $ ( 0.84 ) $ 387 $ 294 $ 545 $ 194 $ 3.67 $ 1.29 $ 217 $ 152 $ 1.46 $ 1.01 1,3 Company FFO , excluding gain ( loss ) , net on acquisitions / dispositions ' Company FFO , excluding gain ( loss ) , net on acquisitions / dispositions per unit² Brookfield Business Partners generated Company EBITDA of $ 387 million for the three months ended March 31 , 2021 compared to $ 294 million for the three months ended March 31 , 2020 reflecting increased EBITDA in our Business Services and Industrials segments , partially offset by reduced contribution from our Infrastructure Services segment . For the three months ended March 31 , 2021 Company FFO was $ 217 million ( $ 1.46 per unit ) compared to $ 152 million ( $ 1.01 per unit ) in the prior year on a comparable basis excluding the benefit of gains on dispositions . Net income attributable to unitholders for the three months ended March 31 , 2021 was $ 530 million ( $ 3.57 per unit ) compared to net loss of $ 126 million ( loss of $ 0.84 per unit ) in the prior year . Net income included gains generated from our reduced GrafTech interest , partially offset by costs recorded at Clarios primarily related to the closure of one of its North American recycling facilities and continued optimization of its U.S. operations . Brookfield Business Partners L.P. 1