Escolar Documentos
Profissional Documentos
Cultura Documentos
(Millions)
Assets
Cash and cash equivalents
Other financial assets
Accounts receivable and other
Inventory
Assets classified as held for sale
Equity accounted investments
Investment properties
Property, plant and equipment
Sustainable resources
Intangible assets
Goodwill
Deferred income tax assets
Total Assets
Liabilities and Equity
Accounts payable and other
Liabilities associated with assets classified as held for sale
Corporate borrowings
Non-recourse borrowings
Property-specific mortgages
Subsidiary borrowings
Deferred income tax liabilities
Subsidiary equity obligations
Equity
Preferred equity
Non-controlling interests
Common equity
Total equity
Total Liabilities and Equity
Note
6
6
7
8
9
10
11
12
13
14
15
16
17
9
18
3,160
6,285
8,399
5,620
2,807
14,916
46,083
34,617
446
4,327
1,406
1,414
129,480
10,408
1,419
4,075
3,663
4,947
6,666
6,291
13,277
38,336
31,019
502
5,044
1,588
1,412
112,745
10,316
3,975
19
19
16
20
40,364
8,329
8,097
3,541
35,495
7,392
6,164
1,877
21
21
21
3,549
29,545
20,153
53,247
129,480
3,098
26,647
17,781
47,526
112,745
Revenues
Direct costs
Other income and gains
Equity accounted income
Expenses
Interest
Corporate costs
Fair value changes
Depreciation and amortization
Income taxes
Net income
Note
22
23
24
10
25
16
$
21
21
2014
18,364
(13,118)
190
1,594
(2,579)
(123)
3,674
(1,470)
(1,323)
5,209
2013
20,093
(13,928)
1,262
759
(2,553)
(152)
663
(1,455)
(845)
3,844
3,110
2,099
5,209
2,120
1,724
3,844
$
$
4.67
4.79
$
$
3.12
3.21
Net income
Other comprehensive income (loss)
Items that may be reclassified to net income
Financial contracts and power sale agreements
Available-for-sale securities
Equity accounted investments
Foreign currency translation
Income taxes
Items that will not be reclassified to net income
Revaluations of property, plant and equipment
Revaluation of pension obligations
Equity accounted investments
Income taxes
Other comprehensive (loss) income
Comprehensive income
Attributable to:
Shareholders
Net income
Other comprehensive (loss) income
Comprehensive income
Non-controlling interests
Net income
Other comprehensive income (loss)
Comprehensive income
Note
$
10
16
29
10
16
$
$
$
$
2014
5,209
2013
3,844
(301)
(105)
(22)
(1,717)
22
(2,123)
442
(24)
8
(2,429)
(114)
(2,117)
2,998
(77)
245
(632)
2,534
411
5,620
825
26
231
(166)
916
(1,201)
2,643
3,110
301
3,411
2,099
110
2,209
2,120
(795)
1,325
1,724
(406)
1,318
Common Contributed
Share Capital
Surplus
$
2,899 $
159 $
NonRetained
Ownership Revaluation
Currency
Other
Common
Preferred
controlling
Earnings
Changes1
Surplus Translation
Reserves2
Equity
Equity
Interests Total Equity
7,159 $
2,354 $
5,165 $
190 $
(145) $
17,781 $
3,098 $
26,647 $
47,526
3,110
3,110
1,094
1,094
(388)
(154)
132
132
3,031
(18)
44
26
185 $
(69)
(7)
51
2,543
9,702 $
(375)
(375)
1,979 $
(126)
968
6,133 $
(670)
(670)
(123)
(123)
39
(631)
(441) $
(168)
(291)
(436) $
3,110
301
3,411
2,099
110
2,209
5,209
411
5,620
(388)
(154)
(2,428)
(388)
(154)
(2,428)
451
451
3,549
2,505
16
596
2,898
29,545
3,001
53
17
5,721
53,247
45
37
(579)
2,372
20,153 $
Common Contributed
Share Capital
Surplus
$
2,855 $
149 $
NonRetained
Ownership Revaluation
Currency
Other
Common
Preferred
controlling
Earnings
Changes1
Surplus Translation
Reserves
Equity
Equity
Interests Total Equity
6,813 $
2,088 $
5,289 $
1,405 $
(449) $
18,150 $
2,901 $
23,287 $
44,338
2,120
2,120
101
101
(1,183)
(1,183)
287
287
2,120
(795)
1,325
1,724
(406)
1,318
3,844
(1,201)
2,643
(1,287)
(145)
(32)
17
(1,302)
(145)
906
(910)
(396)
(145)
(910)
(225)
(124)
5,165 $
(1,215)
190 $
197
197
3,098
1,675
45
326
3,360
26,647
1,573
36
387
3,188
47,526
44
44
2,899
(12)
22
10
159 $
(331)
(31)
20
346
7,159 $
266
266
2,354
304
(145) $
(299)
(9)
61
(369)
17,781 $
Operating activities
Net income
Other income and gains
Share of undistributed equity accounted earnings
Fair value changes
Depreciation and amortization
Deferred income taxes
Investments in residential inventory
Net change in non-cash working capital balances
Financing activities
Corporate borrowings arranged
Corporate borrowings repaid
Commercial paper and bank borrowings, net
Property-specific mortgages arranged
Property-specific mortgages repaid
Other debt of subsidiaries arranged
Other debt of subsidiaries repaid
Subsidiary equity obligations issued
Subsidiary equity obligations redeemed
Capital provided from non-controlling interests
Capital repaid to non-controlling interests
Preferred equity issuances
Preferred equity redemption
Common shares issued
Common shares repurchased
Distributions to non-controlling interests
Shareholder distributions
Investing activities
Acquisitions
Investment properties
Property, plant and equipment
Sustainable resources
Equity accounted investments
Other financial assets
Acquisition of subsidiaries
Dispositions
Investment properties
Property, plant and equipment
Equity accounted investments
Other financial assets
Disposition of subsidiaries
Restricted cash and deposit
Cash and cash equivalents
Change in cash and cash equivalents
Note
2014
$
24
25
16
5,209
(190)
(920)
(3,674)
1,470
1,209
57
(587)
2,574
2013
$
3,844
(1,820)
(307)
(663)
1,455
686
(378)
(539)
2,278
454
(88)
10,939
(8,650)
5,463
(3,191)
1,947
(342)
5,733
(3,228)
706
(268)
108
(63)
(2,345)
(542)
6,633
949
(224)
(35)
11,073
(10,029)
6,781
(6,115)
541
(343)
3,218
(1,543)
191
85
(388)
(910)
(541)
2,710
(1,970)
(1,098)
(27)
(1,645)
(3,877)
(5,999)
(1,835)
(1,374)
(53)
(2,326)
(2,745)
(2,960)
2,192
313
471
3,651
161
(1,768)
(9,596)
948
98
657
1,502
4,057
(10)
(4,041)
(389)
947