Brookfield Infrastructure Q4 FFO Rises - Quick Facts

(RTTNews) - Brookfield Infrastructure Partners (BIP) Wednesday reported a net loss of $195 million for the fourth quarter compared to a profit of $50 million last year.

Funds From Operations or FFO increased to $175 million from $130 million. FFO per unit climbed to $0.83 from $0.65.

Revenues climbed to $470 million from $451 million in the prior year.

The Board of Directors declared a quarterly distribution of $0.48 per unit, payable on March 31 to unitholders of record as at the close of business on February 28. This represents a 12 percent increase compared to the prior year.