Supplemental Information
Investors, analysts and other interested parties can access Brookfield Office Properties' Supplemental Information Package before the market open on February 1, 2013 at www.brookfieldofficeproperties.com under the Investors/Financial Reports section. This additional financial information should be read in conjunction with this press release.
Brookfield Office Properties Profile
Brookfield Office Properties owns, develops and manages premier office properties in the United States, Canada, Australia and the United Kingdom. Its portfolio is comprised of interests in 110 properties totaling 76 million square feet in the downtown cores of New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, Ottawa, London, Sydney, Melbourne and Perth, making Brookfield the global leader in the ownership and management of office assets. Landmark properties include Brookfield Places in Manhattan, Toronto and Perth, Bank of America Plaza in Los Angeles, Bankers Hall in Calgary and Darling Park in Sydney. The company's common shares trade on the NYSE and TSX under the symbol BPO. For more information, visit www.brookfieldofficeproperties.com.
All dollar references are in U.S. dollars unless noted otherwise.
CONSOLIDATED BALANCE SHEETS(US Millions, except per share amounts) December 31, 2012 December 31, 2011 ----------------- -----------------AssetsInvestment properties Commercial properties $ 22,442 $ 19,258 Commercial developments 1,138 1,412Equity accounted investments(1) 2,562 2,256Receivables and other 734 1,290Restricted cash and cash equivalents 103 69Cash and cash equivalents 362 434Assets held for sale(2) 138 425 ----------------- -----------------Total assets $ 27,479 $ 25,144 ----------------- -----------------LiabilitiesCommercial property debt $ 11,448 $ 10,635Accounts payable and other liabilities 1,399 1,072Deferred tax liabilities 732 547Liabilities associated with assets held 70 217 for sale(3)Capital securities 866 994 ----------------- -----------------Total liabilities 14,515 13,465 ----------------- -----------------EquityPreferred equity 1,345 1,095Common equity 10,086 9,080 ----------------- -----------------Total shareholders' equity 11,431 10,175Non-controlling interests 1,533 1,504 ----------------- -----------------Total equity 12,964 11,679 ----------------- -----------------Total liabilities and equity $ 27,479 $ 25,144 ----------------- -----------------Value per common share $ 19.80 $ 17.90Value per common share - pre-tax $ 21.19 $ 18.94 ----------------- -----------------
