Brookfield Office Properties Inc T.BPO.P.A

Carena, if the Assets went up $19 Billion, what assets would

[CrazyTrader]

that be????    Am I so Crazy to assume it would be in investing in properties/investments????

After all, this is what the company does, right???

Not sure why you would question such a thing.

[Carena]

Crazy, Do the work.  Read those pages I gave you.  No more hints from me until you convince me you have thoroughly read those pages. Lol.   You never know, you might learn something.  You might even figure out that making a proclamation about growth and assets increasing on balance sheets,  are not always one and the same. Carena

[pierrelebel]

"are not always one and the same." Exactly! Looking at the BPY balance sheet (Dec 31, 2023) online, page 156: EQUITY (millions US$) Limited partners  8,084 General partner  4 Preferred equity  699 Non-controlling interests attributable to: Redeemable/exchangeable and special limited partnership units 14,447 FV LTIP units of the Operating Partnership  21 Interests

[Carena]

Pierre, You are obviously not afraid to work and roll up your sleeves. In terms of what you have dug up here, my quick comments: (i) I agree with you, I believe BPY's equity has declined because of the losses. (ii) In terms of what you pasted from pg 57.....MD&A is supposed to give investors a good look into what the business has been up to...assets grew by $19 billion and $13 billion

[CrazyTrader]

" so "growth" in assets does not equate to a growth in earnings" .....   Ummmm you are mixing the income statement with the Balance Sheet.    In Fact, earning are in the RED big time.....  So, how does that translate to Assets going up????  It doesn't.    The $19 Billion isn't from earnings.    It's from extra

[Carena]

Hi Crazy, There you go again....you did not understand one word of what I wrote.  Not one word. I think its better that you go back to your little conspiracy world and pretend Pierre and I are short.  Good luck, Carena

[CrazyTrader]

little difficult to "understand" when you don't fully understand the things you are reading and asking me to understand.    I don't think anyone fully understands this company. I've given up trying to understand the company structure.  

[Carena]

 Good morning Crazy, One thing is absolutely for certain, you don't fully understand this company.   You connecting growth to an increase in the asset base is patently ridiculous.   You should keep your focus on your conspiracies or on recalculating potential yields over and over (and over) on the various series of the BPO prefs.  You are an absolute expert on

[CrazyTrader]

Carena, what's ridiculous is you.  You not reading and understanding what I said.   I assume you are taking issue with me about "growth" thinking I'm saying that the company is growing organically (ie, profits from operations)... I've never said that.  I said numerous times, Capital pouring into this company.   I said numerous times the income

[Carena]

Crazy, Go re-read all your posts.   "Capital is pouring into this company".  Really? Please explain.  Don't worry, I know you won't and you can't.  I even tried to give you the page numbers yesterday to get you started.  "Income statement is bleeding red".  You are 100% correct on that one.   Have a great day, Carena

[CrazyTrader]

OMG.... How does the Balance sheet increase $19 Billion while the Income Statement Bleeding Red if Capital isn't added to the company???!!!!!!!! Hint ...... Balance sheet equation Assets = Liabilities + Equity

[pierrelebel]

"Assets = Liabilities + Equity" You clearly do NOT understand what equity means in the BPY statement. I did break it down for you a few days ago, directly from the 2023 financial statements.  What are you missing? Much of the "Equity" on the balance sheet does NOT belong to shareholders but to other investors in the joint ventures and partnerships created by Brookfield.

[CrazyTrader]

They are all Equity under BPY.     And there you go again, stating misleading Truths......  You conviently omit the Equity portion.    As you remember, in a post I said I would be worried if all the capital was in the form of a loan (liabilities), but it's NOT.  

[CrazyTrader]

"Stop wasting your time on the balance sheet as it has nothing to do with your preferred shares." OMG.... and this is coming from someone who studied accounting in university.   

[Carena]

Hi Crazy, Like I said, you can't.  Some people study accounting for years to become a CPA and you are here educating us on the balance sheet equation.   Let's repeat your mantra, "capital is pouring into this company". For your edification, if Bruce Flatt wanted to, in a stroke of a pen, he could "pour" money out of this company.  It is a private

[CrazyTrader]

I just explained it to you.... What don't you understand about Asset=Liabilities + Equity ????    $19 Billion increase in Assets ....... Do I need to tell you how to balance the equation????   Ok, I guess I have to spell out every detail...  Liabilities and/or Equity must increase to match $19 Billion.   Carena.... Since you know so much detail about

[Carena]

Crazy, I have tried to explain things to you on this topic and you do not get it or ignore it. I then try to give you hints to get you to dig up the answers for yourself.  Instead you let Pierre do it for you.   There is no changing your mind, blast it out on your megaphone, "capital is pouring into this company".  Yippie! Have a great day and lets move on! Carena