BPO-PT.TO | Brookfield Office Properties Inc Annual &

Annual Income Statements

(In USD)

Breakdown	2015	2014	2013	2012	2011	2010
Revenue	2.17 Billion	2.37 Billion	2.3 Billion	2.19 Billion	1.78 Billion	1.32 Billion
Cost of Revenue	985 Million	1.06 Billion	940 Million	850 Million	643 Million	487 Million
Gross Profit	1.18 Billion	1.31 Billion	1.36 Billion	1.34 Billion	1.14 Billion	839 Million
Operating Expenses	194 Million	162 Million	187 Million	168 Million	149 Million	132 Million
Selling, General and Administrative Expenses	194 Million	162 Million	187 Million	168 Million	140 Million	123 Million
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	9 Million	-
Cost and Expenses	1.17 Billion	1.22 Billion	1.12 Billion	1.01 Billion	792 Million	619 Million
Operating Income	1.45 Billion	1.47 Billion	1.52 Billion	1.39 Billion	1.59 Billion	327 Million
Interest Expense	703 Million	928 Million	661 Million	675 Million	540 Million	380 Million
Income Tax Expense	-94 Million	655 Million	204 Million	264 Million	314 Million	-6 Million
Earnings before Tax	2.23 Billion	3.47 Billion	1.42 Billion	1.72 Billion	2.16 Billion	1.57 Billion
Net Income	2.15 Billion	2.61 Billion	1.09 Billion	1.28 Billion	1.69 Billion	1.55 Billion
Earnings Per Share Basic	-	-	-	-	-	-
Earnings Per Share Diluted	-	-	-	-	-	-
Weighted Average Shares Outstanding	-	-	-	-	-	-
Weighted Average Shares Outstanding (Diluted)	-	-	-	-	-	-
Gross Margin	0.55	0.55	0.59	0.61	0.64	0.63
EBIT Margin	0.68	0.63	0.67	0.64	0.90	1.00
Profit Margin	0.99	1.10	0.47	0.59	0.95	1.17
EBITDA	2.95 Billion	4.41 Billion	2.1 Billion	2.41 Billion	2.71 Billion	1.96 Billion
Earnings Before Tax Margin	0.67	0.62	0.66	0.63	0.89	0.25

Breakdown	2016 Q1	2015 FY	2015 Q4	2015 Q3	2015 Q2	2015 Q1
Revenue	506 Million	2.17 Billion	533 Million	531 Million	549 Million	557 Million
Cost of Revenue	228 Million	985 Million	233 Million	248 Million	252 Million	252 Million
Gross Profit	278 Million	1.18 Billion	300 Million	283 Million	297 Million	305 Million
Operating Expenses	49 Million	194 Million	84 Million	33 Million	36 Million	41 Million
Selling, General and Administrative Expenses	49 Million	-	84 Million	33 Million	36 Million	41 Million
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	-	-
Cost and Expenses	277 Million	1.17 Billion	317 Million	281 Million	288 Million	293 Million
Operating Income	323 Million	1.45 Billion	403 Million	319 Million	308 Million	421 Million
Interest Expense	179 Million	703 Million	211 Million	169 Million	146 Million	177 Million
Income Tax Expense	19 Million	-94 Million	143 Million	23 Million	-375 Million	115 Million
Earnings before Tax	174 Million	2.23 Billion	699 Million	224 Million	536 Million	772 Million
Net Income	152 Million	2.15 Billion	492 Million	171 Million	864 Million	626 Million
Earnings Per Share Basic	-	-	-	-	-	-
Earnings Per Share Diluted	-	-	-	-	-	-
Weighted Average Shares Outstanding	-	-	-	-	-	-
Weighted Average Shares Outstanding (Diluted)	-	-	-	-	-	-
Gross Margin	0.55	0.55	0.56	0.53	0.54	0.55
EBIT Margin	0.64	-	0.77	0.61	0.57	0.76
Profit Margin	0.30	0.99	0.92	0.32	1.57	1.12
EBITDA	326 Million	-	409 Million	322 Million	313 Million	424 Million
Earnings Before Tax Margin	0.64	0.67	0.76	0.60	0.56	0.76