Income Statement Brookfield Asset Management Ltd.

Equities

BAM

CA1130041058

Investment Management & Fund Operators

Market Closed - Toronto S.E. Other stock markets 01:30:00 19/09/2024 am IST			5-day change	1st Jan Change
62.17 ^CAD	+0.39%		+3.48%	+16.82%

18/09	ETF of the week: Dare to invest in unlisted funds
18/09	DBS Semi-Liquid Fund Sales to Greater China Surge 300%	MT

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Published financial data: BROOKFIELD ASSET MANAGEMENT LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	165.6Cr	189.2Cr	242.3Cr	283.5Cr	-
Interest And Invest. Income (Rev)	62Cr	32Cr	64Cr	75Cr	-
Other Revenues, Total	-9.9Cr	-5.7Cr	2.3Cr	4.4Cr	-
Total Revenues	217.3Cr	215.4Cr	308.7Cr	362.7Cr	-
Cost of Goods Sold, Total	55Cr	52Cr	70Cr	70Cr	33Cr
Gross Profit	162.3Cr	163.5Cr	238.4Cr	292.7Cr	-33Cr
Selling General & Admin Expenses, Total	9.2Cr	11Cr	13Cr	8.1Cr	-
Other Operating Expenses	17Cr	16Cr	18Cr	24Cr	-38Cr
Other Operating Expenses, Total	27Cr	27Cr	32Cr	32Cr	-38Cr
Operating Income	135.7Cr	136.4Cr	206.7Cr	261Cr	5.2Cr
Interest Expense, Total	-30Cr	-38Cr	-38Cr	-35Cr	-7.1Cr
Net Interest Expenses	-30Cr	-38Cr	-38Cr	-35Cr	-7.1Cr
Income (Loss) On Equity Invest.	2.6Cr	3.8Cr	16Cr	15Cr	47Cr
Other Non Operating Income (Expenses)	-	-	19Cr	18Cr	-
EBT, Excl. Unusual Items	108.8Cr	102.5Cr	203.7Cr	257.9Cr	45Cr
Gain (Loss) On Sale Of Investments	63Cr	-20Cr	130Cr	91Cr	-
Asset Writedown	-	-4.6Cr	-50L	-	-
EBT, Incl. Unusual Items	172.2Cr	78Cr	333.2Cr	349.2Cr	45Cr
Income Tax Expense	-38Cr	23Cr	50Cr	63Cr	-
Earnings From Continuing Operations	209.7Cr	56Cr	282.8Cr	286.5Cr	45Cr
Net Income to Company	209.7Cr	56Cr	282.8Cr	286.5Cr	45Cr
Minority Interest	-18Cr	-18Cr	-98Cr	-95Cr	-
Net Income - (IS)	191.3Cr	38Cr	185.1Cr	191.5Cr	45Cr
Net Income to Common Incl Extra Items	191.3Cr	38Cr	185.1Cr	191.5Cr	45Cr
Net Income to Common Excl. Extra Items	191.3Cr	38Cr	185.1Cr	191.5Cr	45Cr
Per Share Items
Net EPS - Basic	-	-	-	4.83	1.15
Basic EPS - Continuing Operations	-	-	-	4.83	1.15
Basic Weighted Average Shares Outstanding	-	-	-	40Cr	-
Net EPS - Diluted	-	-	-	4.83	1.13
Diluted EPS - Continuing Operations	-	-	-	4.83	1.13
Diluted Weighted Average Shares Outstanding	-	-	-	40Cr	-
Normalized Basic EPS	-	-	-	1.67	0.72
Normalized Diluted EPS	-	-	-	1.67	0.71
Dividend Per Share	-	-	-	-	1.28
Payout Ratio	25.09	330.89	75.36	166.27	111.97
Supplemental Items
EBITDA	136.3Cr	137.1Cr	207.8Cr	262.3Cr	6.5Cr
EBITA	135.7Cr	137Cr	206.9Cr	261.5Cr	5.2Cr
EBIT	135.7Cr	136.4Cr	206.7Cr	261Cr	5.2Cr
Total Revenues (As Reported)	217.3Cr	215.4Cr	308.7Cr	362.7Cr	-
Effective Tax Rate - (Ratio)	-21.78	28.86	15.13	17.96	-
Current Domestic Taxes	11Cr	13Cr	12Cr	17Cr	-
Current Foreign Taxes	1.9Cr	4.5Cr	6.3Cr	12Cr	-
Total Current Taxes	13Cr	18Cr	19Cr	29Cr	-
Deferred Domestic Taxes	2.8Cr	-4.1Cr	7.9Cr	2.9Cr	-
Deferred Foreign Taxes	-53Cr	9Cr	24Cr	31Cr	-
Total Deferred Taxes	-50Cr	4.9Cr	32Cr	34Cr	-
Normalized Net Income	50Cr	47Cr	30Cr	66Cr	28Cr
Supplemental Operating Expense Items
General and Administrative Expenses	9.2Cr	11Cr	13Cr	8.1Cr	-
Stock-Based Comp., COGS (Total)	-	-	-	-6.3Cr	19Cr
Stock-Based Comp., Other (Total)	18Cr	9.9Cr	20Cr	-	-
Total Stock-Based Compensation	18Cr	9.9Cr	20Cr	-6.3Cr	19Cr

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	-	210.1Cr	249.4Cr	354.5Cr	90L
Total Cash And Short Term Investments	-	210.1Cr	249.4Cr	354.5Cr	90L
Accounts Receivable, Total	-	5.4Cr	2.6Cr	42Cr	82Cr
Other Receivables	-	-	-	-	6.2Cr
Notes Receivable	-	653.7Cr	654.5Cr	194.8Cr	-
Total Receivables	-	659.1Cr	657.1Cr	236.6Cr	89Cr
Prepaid Expenses	-	5.2Cr	4Cr	6.1Cr	-
Other Current Assets, Total	-	19Cr	16Cr	12Cr	-
Total Current Assets	-	893Cr	926.3Cr	609.5Cr	90Cr
Gross Property Plant And Equipment	-	3.2Cr	6.5Cr	-	-
Accumulated Depreciation	-	-1.1Cr	-1.7Cr	-	-
Net Property Plant And Equipment	-	2.1Cr	4.8Cr	6.8Cr	-
Long-term Investments	-	1.06TCr	1.32TCr	560.6Cr	227Cr
Goodwill	-	25Cr	25Cr	25Cr	-
Other Intangibles, Total	-	7.1Cr	6.4Cr	5.9Cr	-
Deferred Tax Assets Long-Term	-	224Cr	226.8Cr	74Cr	-
Other Long-Term Assets, Total	-	38Cr	68Cr	127.1Cr	4Cr
Total Assets	-	2.25TCr	2.57TCr	1.41TCr	320.5Cr
Liabilities
Accounts Payable, Total	-	61Cr	56Cr	38Cr	86Cr
Accrued Expenses, Total	-	88Cr	123.7Cr	99Cr	-
Short-term Borrowings	-	-	46Cr	-	26Cr
Other Current Liabilities	-	351.3Cr	410.5Cr	-	-
Total Current Liabilities	-	500Cr	636.4Cr	136.7Cr	111.5Cr
Long-Term Debt	-	478.1Cr	410.2Cr	-	-
Deferred Tax Liability Non Current	-	47Cr	70Cr	1.7Cr	-
Other Non Current Liabilities	-	27Cr	23Cr	128.6Cr	50L
Total Liabilities	-	1.05TCr	1.14TCr	267Cr	112Cr
Preferred Stock Redeemable	-	-	-	181.1Cr	-
Total Preferred Equity	-	-	-	181.1Cr	-
Common Stock, Total	-	894.2Cr	964.1Cr	927.1Cr	235.4Cr
Additional Paid In Capital	-	-	-	-	40Cr
Retained Earnings	-	-	-	8.4Cr	-3.5Cr
Treasury Stock	-	-	-	-	-65Cr
Comprehensive Income and Other	-	16Cr	16Cr	15Cr	30L
Total Common Equity	-	910.4Cr	979.7Cr	950.8Cr	207.6Cr
Minority Interest	-	284.4Cr	453.2Cr	9.8Cr	90L
Total Equity	-	1.19TCr	1.43TCr	1.14TCr	208.5Cr
Total Liabilities And Equity	-	2.25TCr	2.57TCr	1.41TCr	320.5Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	-	40Cr	39Cr
ECS Total Common Shares Outstanding	-	-	-	40Cr	39Cr
Book Value / Share	-	-	-	24	5.34
Tangible Book Value	-	878.4Cr	948.4Cr	920Cr	207.6Cr
Tangible Book Value Per Share	-	-	-	23.22	5.34
Total Debt	-	478.1Cr	456.3Cr	0	26Cr
Net Debt	-	268Cr	206.9Cr	-354.5Cr	25Cr
Minority Interest, Total (Incl. Fin. Div)	-	284.4Cr	453.2Cr	9.8Cr	90L
Equity Method Investments, Total	-	752.9Cr	1TCr	553.1Cr	-
Account Code - Inventory Valuation	-	-	3	3	3
Full Time Employees	-	-	2T	2.5T	2.4T

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	191.3Cr	38Cr	185.1Cr	191.5Cr	45Cr
Depreciation & Amortization - CF	60L	10L	90L	80L	-
Amortization of Goodwill and Intangible Assets - (CF)	-	60L	20L	50L	-
Depreciation & Amortization, Total	60L	70L	1.1Cr	1.3Cr	-
(Income) Loss On Equity Investments - (CF)	1.6Cr	8.7Cr	-3.7Cr	2.2Cr	5.6Cr
Stock-Based Compensation (CF)	18Cr	9.9Cr	20Cr	-4.8Cr	60L
Other Operating Activities, Total	-53Cr	100.8Cr	-39Cr	74Cr	-
Change In Accounts Receivable	7.5Cr	45Cr	6.8Cr	-20Cr	-
Change In Accounts Payable	30Cr	-8.8Cr	28Cr	-3Cr	6.3Cr
Change in Other Net Operating Assets	-112.6Cr	-16Cr	-53Cr	-278.5Cr	-6.8Cr
Cash from Operations	83Cr	178.6Cr	144.3Cr	-37Cr	51Cr
Capital Expenditure	-10L	-2Cr	-3.5Cr	-1.3Cr	-4.1Cr
Investment in Marketable and Equity Securities, Total	-399.7Cr	-74Cr	-83Cr	171.9Cr	-
Cash from Investing	-399.8Cr	-76Cr	-86Cr	170.6Cr	-4.1Cr
Short Term Debt Issued, Total	100Cr	-	46Cr	3.5Cr	26Cr
Long-Term Debt Issued, Total	4.8Cr	14Cr	89Cr	46Cr	-
Total Debt Issued	104.8Cr	14Cr	135.3Cr	50Cr	26Cr
Short Term Debt Repaid, Total	-	-	-	-161.2Cr	-
Long-Term Debt Repaid, Total	-54Cr	-6Cr	-91Cr	-32Cr	-
Total Debt Repaid	-54Cr	-6Cr	-91Cr	-193.6Cr	-
Issuance of Common Stock	136.6Cr	6.5Cr	5.2Cr	515.5Cr	-
Repurchase of Common Stock	-	-	-	-	-32Cr
Common Dividends Paid	-48Cr	-126.4Cr	-139.5Cr	-318.4Cr	-50Cr
Common & Preferred Stock Dividends Paid	-48Cr	-126.4Cr	-139.5Cr	-318.4Cr	-50Cr
Other Financing Activities, Total	199.3Cr	55Cr	71Cr	-81Cr	11Cr
Cash from Financing	338.4Cr	-58Cr	-19Cr	-28Cr	-46Cr
Foreign Exchange Rate Adjustments	-	40L	-20L	-10L	-
Net Change in Cash	22Cr	46Cr	39Cr	105.1Cr	80L
Supplemental Items
Cash Interest Paid	15Cr	26Cr	17Cr	3.7Cr	90L
Cash Income Tax Paid (Refund)	13Cr	18Cr	19Cr	29Cr	-
Levered Free Cash Flow	-	-	219.11Cr	548.2Cr	11Cr
Unlevered Free Cash Flow	-	-	242.99Cr	570.32Cr	16Cr
Change In Net Working Capital	-	-	-96Cr	-413.5Cr	2.6Cr
Net Debt Issued / Repaid	50Cr	7.6Cr	45Cr	-144Cr	26Cr

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-	-	5.36	8.21	1.02
Return on Total Capital	-	-	7.25	10.74	1.38
Return On Equity %	-	-	21.52	22.19	20.22
Return on Common Equity	-	-	19.59	19.76	20.26
Margin Analysis
Gross Profit Margin %	74.69	75.91	77.23	80.7	-
SG&A Margin	4.23	5.29	4.28	2.23	-
EBITDA Margin %	62.72	63.65	67.31	72.32	-
EBITA Margin %	62.45	63.6	67.02	72.1	-
EBIT Margin %	62.45	63.32	66.96	71.96	-
Income From Continuing Operations Margin %	96.5	25.86	91.61	78.99	-
Net Income Margin %	88.03	17.73	59.96	52.8	-
Net Avail. For Common Margin %	88.03	17.73	59.96	52.8	-
Normalized Net Income Margin	22.83	21.62	9.59	18.25	-
Levered Free Cash Flow Margin	-	-	70.98	151.14	-
Unlevered Free Cash Flow Margin	-	-	78.71	157.24	-
Asset Turnover
Asset Turnover	-	-	0.13	0.18	-
Fixed Assets Turnover	-	-	89.48	62.53	-
Receivables Turnover (Average Receivables)	-	-	60.58	12.77	-
Short Term Liquidity
Current Ratio	-	1.79	1.46	4.46	0.8
Quick Ratio	-	0.43	0.4	2.9	0.8
Operating Cash Flow to Current Liabilities	-	0.36	0.23	-0.27	0.46
Days Sales Outstanding (Average Receivables)	-	-	6.03	28.58	-
Average Days Payable Outstanding	-	-	304.25	244.29	918.1
Long Term Solvency
Total Debt/Equity	-	40.02	31.84	-	12.28
Total Debt / Total Capital	-	28.58	24.15	-	10.94
LT Debt/Equity	-	40.02	28.63	-	-
Long-Term Debt / Total Capital	-	28.58	21.71	-	-
Total Liabilities / Total Assets	-	46.83	44.31	18.95	34.95
EBIT / Interest Expense	4.6	3.62	5.41	7.37	0.73
EBITDA / Interest Expense	4.62	3.64	5.44	7.41	0.92
(EBITDA - Capex) / Interest Expense	4.62	3.58	5.35	7.37	0.34
Total Debt / EBITDA	-	3.49	2.2	-	3.94
Net Debt / EBITDA	-	1.95	1	-1.35	3.8
Total Debt / (EBITDA - Capex)	-	3.54	2.23	-	10.67
Net Debt / (EBITDA - Capex)	-	1.98	1.01	-1.36	10.29
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-0.87	43.31	17.49	-
Gross Profit, 1 Yr. Growth %	-	0.74	45.81	22.78	-123.71
EBITDA, 1 Yr. Growth %	-	0.59	51.57	26.23	-
EBITA, 1 Yr. Growth %	-	0.96	51.02	26.39	-95.66
EBIT, 1 Yr. Growth %	-	0.52	51.54	26.27	-95.66
Earnings From Cont. Operations, 1 Yr. Growth %	-	-73.44	407.72	0.67	-71.38
Net Income, 1 Yr. Growth %	-	-80.03	384.55	2.46	-56.43
Normalized Net Income, 1 Yr. Growth %	-	-6.12	-36.4	115.33	-22.83
Accounts Receivable, 1 Yr. Growth %	-	-	-51.85	1.51T	5.37
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	128.57	41.67	-
Total Assets, 1 Yr. Growth %	-	-	14.5	-45.06	1.39
Tangible Book Value, 1 Yr. Growth %	-	-	7.97	-3.75	-12.66
Common Equity, 1 Yr. Growth %	-	-	7.61	-3.68	-12.66
Cash From Operations, 1 Yr. Growth %	-	115.44	-19.2	-125.92	-77.58
Capital Expenditures, 1 Yr. Growth %	-	1.9T	75	-62.86	115.79
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	-342.47	-98.06
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	-382.04	-97.37
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	19.19	29.76	-
Gross Profit, 2 Yr. CAGR %	-	-	21.2	33.8	-63.02
EBITDA, 2 Yr. CAGR %	-	-	23.47	38.32	-82.31
EBITA, 2 Yr. CAGR %	-	-	23.48	38.16	-84.15
EBIT, 2 Yr. CAGR %	-	-	23.42	38.33	-84.14
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	16.13	123.61	-60.19
Net Income, 2 Yr. CAGR %	-	-	-1.63	119.35	-50.88
Normalized Net Income, 2 Yr. CAGR %	-	-	-22.73	36.91	-4.24
Accounts Receivable, 2 Yr. CAGR %	-	-	-	178.22	462.96
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	79.95	-
Total Assets, 2 Yr. CAGR %	-	-	-	-20.82	-64.65
Tangible Book Value, 2 Yr. CAGR %	-	-	-	2.34	-53.4
Common Equity, 2 Yr. CAGR %	-	-	-	2.19	-54.14
Cash From Operations, 2 Yr. CAGR %	-	-	31.93	-54.24	-40.67
Capital Expenditures, 2 Yr. CAGR %	-	-	491.61	-19.38	8.23
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	-77.53
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	-72
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	18.62	-
Gross Profit, 3 Yr. CAGR %	-	-	-	21.72	-41.58
EBITDA, 3 Yr. CAGR %	-	-	-	24.38	-63.81
EBITA, 3 Yr. CAGR %	-	-	-	24.44	-66.39
EBIT, 3 Yr. CAGR %	-	-	-	24.36	-66.34
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	10.96	-7.67
Net Income, 3 Yr. CAGR %	-	-	-	0.03	4.26
Normalized Net Income, 3 Yr. CAGR %	-	-	-	10.09	-7.24
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	148.03
Total Assets, 3 Yr. CAGR %	-	-	-	-	-47.75
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-	-38.17
Common Equity, 3 Yr. CAGR %	-	-	-	-	-38.91
Cash From Operations, 3 Yr. CAGR %	-	-	-	-23.3	-34.24
Capital Expenditures, 3 Yr. CAGR %	-	-	-	135.13	27.03