Brookfield Asset Management Reports Strong First Quarter 2013 Financial Results34% INCREASE IN FFO TO $689 MILLION OR $1.03 PER COMMON SHARE
- NET INCOME OF $697 MILLION OR $0.51 PER COMMON SHARE
TORONTO, ONTARIO--(Marketwired - May 9, 2013) -
Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM)(EURONEXT:BAMA)-
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Investors, analysts and other interested parties can access Brookfield Asset Management's 2013 First Quarter Results as well as the Shareholders' Letter and Supplemental Information on Brookfield's website under the Investors/Financial Reports section at www.brookfield.com.
The conference call can be accessed via webcast on May 9, 2013 at 1:00 p.m. Eastern Time at www.brookfield.com or via teleconference at 1-800-319-4610 toll free in North America. For overseas calls please dial 1-604-638-5340, at approximately 12:50 p.m. Eastern Time. The teleconference taped rebroadcast can be accessed at 1-800-319-6413 or 1-604-638-9010 (Password 2811#).
Brookfield Asset Management Inc. today announced its financial results for the quarter ended March 31, 2013.
"Our operating performance was strong in the first quarter of 2013, with virtually all of the operations contributing growth. Performance was good across our operations, contributing to a significant increase in our cash flow," commented Bruce Flatt, CEO of Brookfield. "Our three flagship public entities are now operating and clients are increasing their commitments to our portfolio of private funds."
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