Brookfield Corporation · NYSE:BN
Brookfield — Brookfield Asset Management — Shareholder Meeting (May 2011)
13 slides from Brookfield's shareholder meeting presentation, May 11, 2011
Slide 1: Annual General Meeting – Nominees For Election By The Class A Shareholders
Brookfield Asset Management Inc. Annual General Meeting May 11th, 2011 Nominees For Election By The Class A Shareholders The image cannot be display ed. Your computer may not hav e enough memory to open the image, or the image may hav e been corrupted. Restart y our computer, and then open the file
Slide 2: Nominees For Election By The Class A Shareholders
Nominees For Election By The Class A Shareholders F Frank k McKenna M K J k Mi Jack Mintz t Y Youssef fNNasr J James P Pattison tti 3 | Brookfield Asset Management Inc. Nominees For Election By The Class B Shareholders T Trevor Eyton E t J kC Jack Cockwell k ll B Bruce Fl Flatt tt J James G Gray 4 |
Slide 3: Nominees For Election By The Class B Shareholders
Nominees For Election By The Class B Shareholders D id Kerr David K R b tH Robert Harding di Phil Li Lind d G George Taylor T l 5 | Brookfield Asset Management Inc. Brookfield Asset Management Inc. Annual General Meeting May 11th, 2011
Slide 4: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements Note: This presentation contains forward-looking information within the meaning of Canadian provincial securities laws and other “forward- looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Sectio
Slide 5: Topics
Topics • Introduction • Operating Results • Financing Strategy • Asset Management • Value Creation • Summary 9 | Brookfield Asset Management Inc. 2010 in Review 2010 was a year of significant progress on many fronts • Growth in asset management – Increased fees and capital raised – More funds in mar
Slide 6: 2010 in Review cont’d
2010 in Review cont’d 2010 was a year of significant progress on many fronts • Expanded global platform – Infrastructure – Real estate (office, retail, residential) – New markets 11 | Brookfield Asset Management Inc. 2010 in Review cont’d 2010 was a year of significant progress on many fronts • Cont
Slide 7: Operating Results – Cash Flow From Operations
Operating Results – Cash Flow From Operations Annual ($ millions) 20101 20092 20082 $1,463 $1,450 $1,423 First Quarter ($ millions) 20111 20101 20092 $231 $366 $273 1) IFRS basis 2) Canadian GAAP basis 13 | Brookfield Asset Management Inc. Operating Results – Themes • Renewable power – Variability o
Slide 8: Operating Results – Themes
Operating Results – Themes • Infrastructure – Expansion through Prime Acquisition and capex – 2010 regulatory / contract reviews • Minimal contribution from economically sensitive units – North American housing – Strong Asian demand for timber 15 | Brookfield Asset Management Inc. Financing Strategy
Slide 9: Capital Under Management – $52 billion
Capital Under Management – $52 billion By Product By Sector Other Listed Entities Renewable Power $6.9B $1.7B Private Equity & Private Funds Finance $17.6B $18.2B Commercial Properties $21.2B Public Securities Development $21.6B Managed g Listed $1.7B Issuers Infrastructure $5.9B $9.2B 17 | Brookfie
Slide 10: Base Management Fees
Base Management Fees Annualized Base Fees – Five-Year Comparison $190M Public Securities Listed and Unlisted Funds $55M 5 Years Ago Today 19 | Brookfield Asset Management Inc. Value Creation Continue growth of asset management franchise Reallocate capital and compound cash flows at higher returns As
Slide 11: Summary
Summary • Achieved meaningful growth in operations and capital • Strong financial position • Stable earnings profile • Well positioned for continued growth 21 | Brookfield Asset Management Inc. BRUCE FLATT
Slide 12: Discussion Topics
Discussion Topics • Macro economic view and implications • Interest rates and currencies • Fundraising progress and opportunities • Organizational structure • Acquisitions and expansion projects • Infrastructure business opportunities • General Growth Properties • Common stock issue 23 | Brookfield
Slide 13: Q & A
Brookfield Asset Management Inc. Q&A
Brookfield Asset Management — Shareholder Meeting (May 2011) on 6ix