BPYPOBrookfield Property Partners L.P.

$6B

FY 2014 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$4.4B+2.0% YoY

Gross Profit

$2.3B52.2% margin

Operating Income

$1.7B39.6% margin

Net Income

$1.2B26.4% margin

EPS (Diluted)

$5.31

Cash Flow

Operating Cash Flow

$483M

Free Cash Flow

$454M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$65.6B

Total Liabilities

$37.3B

Stockholders' Equity

$28.3B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$4.3B	+2.0%
Gross Profit	$2.3B	$2.1B	+7.4%
Operating Income	$1.7B	$1.6B	+5.2%
Net Income	$1.2B	$350M	+229.7%

BPYPO FY 2014 Earnings — Brookfield Property Partners L.P. Revenue & Financial Results | Market Cap Arena