TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Mar 09, 2024 11:54am
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Post# 35924455
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Carena, if the Assets went up $19 Billion, what assets would
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Carena, if the Assets went up $19 Billion, what assets would
"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.
Adding a ten billion dollar building to the assets column matched by a ten billion dollars in the liabilities column may appear to make the balance sheet bigger but it is largely meaningless to you the preferred shareholder.
Stop wasting your time on the balance sheet as it has nothing to do with your preferred shares.