Brookfield Asset Management Ltd.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 4.6B | 4.0B | 3.7B | 0.00 | 2.8B |
| Operating Revenue | 4.1B | 3.5B | 3.4B | 0.00 | 2.8B |
| Cost Of Revenue | 1.4B | 1.2B | 1.0B | -37.0M | 703.0M |
| Gross Profit | 3.2B | 2.8B | 2.7B | 37.0M | 2.1B |
| Selling General And Administration | 56.0M | 64.0M | 56.0M | 1.0M | 132.0M |
| General And Administrative Expense | 56.0M | 64.0M | 56.0M | 1.0M | 132.0M |
| Other Operating Expenses | 145.0M | 356.0M | -6.0M | 35.0M | -114.0M |
| Operating Expense | 201.0M | 420.0M | 50.0M | 36.0M | 18.0M |
| Operating Income | 3.0B | 2.4B | 2.6B | 1.0M | 2.1B |
| EBIT | 3.2B | 2.7B | 2.7B | 22.0M | 3.7B |
| Interest Expense | 270.0M | 115.0M | 100.0M | 3.0M | 382.0M |
| Interest Expense Non Operating | 270.0M | 115.0M | 100.0M | 3.0M | 382.0M |
| Interest Income | 9.0M | -- | -- | -- | -- |
| Interest Income Non Operating | 9.0M | -- | -- | -- | -- |
| Net Interest Income | -261.0M | -115.0M | -100.0M | -3.0M | -382.0M |
| Other Income Expense | 152.0M | 246.0M | 38.0M | 21.0M | 1.7B |
| Other Non Operating Income Expenses | -250.0M | -93.0M | -129.0M | 1.1B | 1.5B |
| Earnings From Equity Interest | 402.0M | 339.0M | 167.0M | 21.0M | 161.0M |
| Pretax Income | 2.9B | 2.5B | 2.6B | 19.0M | 3.4B |
| Tax Provision | 527.0M | 438.0M | 417.0M | 627.0M | 504.0M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 2.5B | 2.2B | 1.8B | 19.0M | 1.9B |
| Net Income From Continuing Operation Net Minority Interest | 2.5B | 2.2B | 1.8B | 19.0M | 1.9B |
| Net Income Including Noncontrolling Interests | 2.4B | 2.1B | 2.1B | 19.0M | 2.8B |
| Minority Interests | 87.0M | 60.0M | -298.0M | -950.0M | -977.0M |
| Net Income Common Stockholders | 2.5B | 2.2B | 1.8B | 19.0M | 1.9B |
| Net Income | 2.5B | 2.2B | 1.8B | 19.0M | 1.9B |
| EBITDA | 3.2B | 2.7B | 2.7B | 35.0M | 3.7B |
| Normalized EBITDA | 3.2B | 2.7B | 2.7B | 35.0M | 3.7B |
| Reconciled Depreciation | 40.0M | 14.0M | 14.0M | 13.0M | 11.0M |
| Basic EPS | 1.54 | 1.35 | 1.16 | 4.83 | -- |
| Diluted EPS | 1.54 | 1.35 | 1.16 | 4.83 | -- |
| Basic Average Shares | 1.6B | 1.6B | 1.6B | 396.2M | -- |
| Diluted Average Shares | 1.6B | 1.6B | 1.6B | 396.2M | -- |
| Tax Rate For Calcs | 0.18 | 0.17 | 0.16 | 0.26 | 0.15 |
| Normalized Income | 2.5B | 2.2B | 1.8B | 19.0M | 1.9B |
| Diluted NI Availto Com Stockholders | 2.5B | 2.2B | 1.8B | 19.0M | 1.9B |
| Net Income Continuous Operations | 2.4B | 2.1B | 2.1B | 19.0M | 2.8B |
| Net Non Operating Interest Income Expense | -261.0M | -115.0M | -100.0M | -3.0M | -382.0M |
| Other Gand A | 56.0M | 64.0M | 56.0M | 1.0M | 132.0M |
| Reconciled Cost Of Revenue | 1.4B | 1.2B | 1.0B | -37.0M | 703.0M |
| Total Expenses | 1.6B | 1.6B | 1.1B | -1.0M | 721.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1.6B | 404.0M | 9.0M | 1.0M | 2.5B |
| Cash Cash Equivalents And Short Term Investments | 1.6B | 404.0M | 9.0M | 1.0M | 2.5B |
| Cash Equivalents | 1.2B | 172.0M | -- | 3.3B | 12.0M |
| Cash Financial | 402.0M | 232.0M | 9.0M | 1.0M | 2.5B |
| Accounts Receivable | 106.0M | 225.0M | -- | 245.0M | 26.0M |
| Receivables | 5.2B | 4.3B | 886.0M | 782.0M | 7.6B |
| Prepaid Assets | 128.0M | 175.0M | -- | 61.0M | 40.0M |
| Current Assets | 6.9B | 4.9B | 895.0M | 783.0M | 10.1B |
| Gross PPE | 92.0M | 58.0M | -- | -- | -- |
| Net PPE | 92.0M | 58.0M | -- | 68.0M | 48.0M |
| Goodwill | 236.0M | 251.0M | -- | 249.0M | 249.0M |
| Goodwill And Other Intangible Assets | 470.0M | 289.0M | -- | 308.0M | 313.0M |
| Other Intangible Assets | 234.0M | 38.0M | -- | 59.0M | 64.0M |
| Investments And Advances | 8.9B | 8.2B | 2.3B | 2.4B | 12.9B |
| Long Term Equity Investment | 7.6B | 7.1B | 2.3B | 2.4B | 11.6B |
| Other Non Current Assets | 99.0M | 83.0M | 40.0M | 739.0M | 2.3B |
| Total Non Current Assets | 10.1B | 9.2B | 2.3B | 2.4B | 15.5B |
| Total Assets | 17.0B | 14.2B | 3.2B | 3.2B | 25.6B |
| Current Debt | 462.0M | 251.0M | 256.0M | 3.0M | 461.0M |
| Current Debt And Capital Lease Obligation | 462.0M | 251.0M | 256.0M | 3.0M | 461.0M |
| Accounts Payable | 599.0M | 490.0M | 859.0M | 781.0M | 561.0M |
| Payables | 637.0M | 685.0M | 864.0M | 784.0M | 9.0B |
| Payables And Accrued Expenses | 1.5B | 1.3B | 864.0M | 784.0M | 10.1B |
| Current Accrued Expenses | 911.0M | 602.0M | -- | 991.0M | 1.1B |
| Current Liabilities | 2.0B | 1.5B | 1.1B | 784.0M | 10.5B |
| Long Term Debt | 3.2B | 897.0M | -- | 3.0M | -- |
| Long Term Debt And Capital Lease Obligation | 3.2B | 897.0M | -- | 3.0M | -- |
| Other Non Current Liabilities | 1.4B | 485.0M | -- | 17.0M | 700.0M |
| Total Non Current Liabilities Net Minority Interest | 4.7B | 1.4B | 0.00 | 0.00 | 700.0M |
| Total Liabilities Net Minority Interest | 6.7B | 3.0B | 1.1B | 784.0M | 11.2B |
| Common Stock | 8.6B | 8.9B | 2.4B | 2.4B | 0.00 |
| Capital Stock | 8.6B | 8.9B | 2.4B | 2.4B | 0.00 |
| Additional Paid In Capital | 154.0M | 152.0M | 403.0M | 278.0M | -- |
| Retained Earnings | -851.0M | -488.0M | -35.0M | 19.0M | 0.00 |
| Treasury Stock | -- | 651.0M | 649.0M | 330.0M | -- |
| Gains Losses Not Affecting Retained Earnings | 188.0M | 162.0M | 3.0M | 0.00 | 156.0M |
| Other Equity Adjustments | 188.0M | 162.0M | 3.0M | 153.0M | 156.0M |
| Common Stock Equity | 8.1B | 8.8B | 2.1B | 2.4B | 9.9B |
| Stockholders Equity | 8.1B | 8.8B | 2.1B | 2.4B | 9.9B |
| Total Equity Gross Minority Interest | 10.3B | 11.2B | 2.1B | 2.4B | 14.4B |
| Minority Interest | 2.2B | 2.4B | 9.0M | 0.00 | 4.5B |
| Total Capitalization | 11.3B | 9.6B | 2.1B | 2.4B | 9.9B |
| Net Tangible Assets | 7.6B | 8.5B | 2.1B | 2.4B | 9.6B |
| Tangible Book Value | 7.6B | 8.5B | 2.1B | 2.4B | 9.6B |
| Working Capital | 4.9B | 3.4B | -225.0M | -1.0M | -414.0M |
| Invested Capital | 11.7B | 9.9B | 2.3B | 2.4B | 10.3B |
| Total Debt | 3.6B | 1.1B | 256.0M | 3.0M | 461.0M |
| Net Debt | 2.0B | 744.0M | 247.0M | 2.0M | -- |
| Share Issued | 1.6B | 443.2M | 413.0M | 412.2M | 402.7M |
| Ordinary Shares Number | 1.6B | 420.2M | 388.8M | 396.2M | 402.7M |
| Accrued Interest Receivable | 1.8B | 1.6B | -- | 1.3B | 676.0M |
| Available For Sale Securities | 1.0B | 1.1B | -- | 75.0M | 1.3B |
| Duefrom Related Parties Current | 1.6B | 732.0M | 886.0M | 782.0M | 6.7B |
| Dueto Related Parties Current | 38.0M | 195.0M | 5.0M | 3.0M | 8.2B |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | -- | -- | -- | 75.0M | 1.3B |
| Held To Maturity Securities | 252.0M | 0.00 | -- | -- | -- |
| Investmentin Financial Assets | 1.3B | 1.1B | -- | 75.0M | 1.3B |
| Investments In Other Ventures Under Equity Method | 1.8B | 1.8B | -- | 1.6B | 7.8B |
| Investmentsin Associatesat Cost | 981.0M | 685.0M | 2.3B | 2.4B | -- |
| Investmentsin Subsidiariesat Cost | 4.8B | 4.6B | -- | 3.9B | 3.8B |
| Leases | 49.0M | 28.0M | -- | -- | -- |
| Line Of Credit | 462.0M | 251.0M | 256.0M | 0.00 | -- |
| Loans Receivable | 1.7B | 1.8B | -- | -- | -- |
| Non Current Deferred Assets | 572.0M | 586.0M | -- | 739.0M | 2.3B |
| Non Current Deferred Liabilities | 169.0M | 46.0M | -- | 17.0M | 700.0M |
| Non Current Deferred Taxes Assets | 572.0M | 586.0M | -- | -- | -- |
| Non Current Deferred Taxes Liabilities | 169.0M | 46.0M | -- | 17.0M | 700.0M |
| Other Current Borrowings | -- | -- | -- | 3.0M | 461.0M |
| Other Equity Interest | -- | -- | -- | -- | 9.7B |
| Other Payable | -- | -- | -- | 475.0M | 234.0M |
| Other Properties | 43.0M | 30.0M | -- | -- | -- |
| Other Receivables | -- | -- | -- | 123.0M | 158.0M |
| Properties | 0.00 | 0.00 | -- | -- | -- |
| Treasury Shares Number | 29.5M | 22.9M | 24.3M | 16.0M | -- |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 2.1B | 1.6B | 1.4B | -374.0M | 1.4B |
| Cash Flow From Continuing Operating Activities | 2.1B | 1.6B | 1.4B | -374.0M | 1.4B |
| Depreciation And Amortization | 40.0M | 14.0M | 14.0M | 13.0M | 11.0M |
| Depreciation Amortization Depletion | 40.0M | 14.0M | 14.0M | 13.0M | 11.0M |
| Stock Based Compensation | 352.0M | 172.0M | 87.0M | -48.0M | 199.0M |
| Deferred Tax | 151.0M | 274.0M | 92.0M | 336.0M | 316.0M |
| Deferred Income Tax | 151.0M | 274.0M | 92.0M | 336.0M | 316.0M |
| Change In Working Capital | -18.0M | -616.0M | -624.0M | -3.0B | -246.0M |
| Changes In Account Receivables | 32.0M | -51.0M | -- | -- | -- |
| Change In Receivables | 232.0M | -140.0M | -70.0M | -- | -- |
| Change In Payables And Accrued Expense | -79.0M | -400.0M | 65.0M | -- | -- |
| Change In Payable | -79.0M | -400.0M | 65.0M | -- | -- |
| Change In Other Working Capital | -171.0M | -76.0M | -- | -3.0B | -246.0M |
| Other Non Cash Items | -815.0M | -218.0M | -288.0M | -542.0M | -1.6B |
| Capital Expenditure | -- | -- | -- | -13.0M | -35.0M |
| Purchase Of PPE | -- | -- | -- | -13.0M | -35.0M |
| Net PPE Purchase And Sale | -- | -- | -- | -13.0M | -35.0M |
| Purchase Of Business | -- | -- | -- | -279.0M | -- |
| Sale Of Business | 58.0M | 0.00 | 0.00 | -- | -- |
| Purchase Of Investment | -962.0M | -2.2B | -286.0M | -84.0M | -1.6B |
| Sale Of Investment | 574.0M | 385.0M | 84.0M | 2.1B | 725.0M |
| Net Investment Purchase And Sale | -388.0M | -1.8B | -202.0M | 2.0B | -826.0M |
| Investing Cash Flow | -339.0M | -1.7B | -475.0M | 1.7B | -861.0M |
| Cash Flow From Continuing Investing Activities | -339.0M | -1.7B | -475.0M | 1.7B | -861.0M |
| Issuance Of Debt | 2.5B | 67.0M | 197.0M | 496.0M | 1.4B |
| Repayment Of Debt | -- | -- | -- | -1.9B | -907.0M |
| Net Issuance Payments Of Debt | 2.5B | 67.0M | 197.0M | -1.4B | 446.0M |
| Issuance Of Capital Stock | 25.0M | 0.00 | 63.0M | -- | -- |
| Repurchase Of Capital Stock | -412.0M | 0.00 | 0.00 | -- | -- |
| Net Common Stock Issuance | -412.0M | 0.00 | 0.00 | -- | -- |
| Common Stock Dividend Paid | -2.8B | -2.5B | -2.1B | -- | -- |
| Common Stock Payments | -412.0M | 0.00 | 0.00 | -- | -- |
| Financing Cash Flow | -590.0M | -2.1B | -1.8B | -280.0M | -187.0M |
| Cash Flow From Continuing Financing Activities | -590.0M | -2.1B | -1.8B | -280.0M | -187.0M |
| Effect Of Exchange Rate Changes | 7.0M | -12.0M | 0.00 | -1.0M | -2.0M |
| Changes In Cash | 1.2B | -2.3B | -878.0M | 1.1B | 395.0M |
| Beginning Cash Position | 404.0M | 2.7B | 3.5B | 2.5B | 2.1B |
| End Cash Position | 1.6B | 404.0M | 2.7B | 3.5B | 2.5B |
| Free Cash Flow | 2.1B | 1.6B | 1.4B | -387.0M | 1.4B |
| Income Tax Paid Supplemental Data | 87.0M | 22.0M | 11.0M | 37.0M | 171.0M |
| Interest Paid Supplemental Data | 426.0M | 449.0M | 171.0M | 291.0M | 188.0M |
| Cash Dividends Paid | -2.8B | -2.5B | -2.1B | -3.2B | -1.4B |
| Change In Account Payable | -56.0M | -426.0M | 63.0M | -- | -- |
| Earnings Losses From Equity Investments | -7.0M | -122.0M | 21.0M | 22.0M | -37.0M |
| Long Term Debt Issuance | 2.5B | 67.0M | 197.0M | 496.0M | 1.4B |
| Long Term Debt Payments | -- | -- | -- | -1.9B | -907.0M |
| Net Business Purchase And Sale | 58.0M | 0.00 | 0.00 | -279.0M | -- |
| Net Income From Continuing Operations | 2.4B | 2.1B | 2.1B | 2.9B | 2.8B |
| Net Long Term Debt Issuance | 2.5B | 67.0M | 197.0M | -1.4B | 446.0M |
| Net Other Financing Charges | 115.0M | 255.0M | -42.0M | 4.3B | 762.0M |
| Net Other Investing Changes | -9.0M | 29.0M | -273.0M | -- | -- |
| Net Preferred Stock Issuance | 25.0M | 0.00 | 63.0M | -- | -- |
| Operating Gains Losses | -7.0M | -122.0M | 21.0M | 22.0M | -37.0M |
| Preferred Stock Issuance | 25.0M | 0.00 | 63.0M | -- | -- |
| Proceeds From Stock Option Exercised | 0.00 | 37.0M | 41.0M | -- | -- |