ACQUISITIONS OF CONSOLIDATED ENTITIES (Tables)

12 Months Ended

Dec. 31, 2017

Disclosure of detailed information about business combinations

The following table summarizes the balance sheet impact as a result of business combinations that occurred in the year ended December 31, 2017. No material changes were made to the provisional allocations:



(MILLIONS)	Renewable Power			Private Equity			Infrastructure			Real Estate and Other			Total
Cash and cash equivalents	$	762		$	335		$	89		$	39		$	1,225
Accounts receivable and other	980			2,393			345			134			3,852
Inventory	—			701			—			3			704
Equity accounted investments	—			231			—			—			231
Investment properties	—			—			—			5,851			5,851
Property, plant and equipment	6,923			501			100			281			7,805
Intangible assets	27			2,870			5,515			—			8,412
Goodwill	—			342			815			—			1,157
Deferred income tax assets	18			59			—			—			77
Total assets	8,710			7,432			6,864			6,308			29,314
Less:
Accounts payable and other	(1,391		)	(2,109		)	(222		)	(169		)	(3,891		)
Non-recourse borrowings	(4,902		)	(1,678		)	(30		)	(1,955		)	(8,565		)
Deferred income tax liabilities	(59		)	(806		)	(957		)	(45		)	(1,867		)
Non-controlling interests¹	(830		)	(826		)	(477		)	(123		)	(2,256		)
	(7,182		)	(5,419		)	(1,686		)	(2,292		)	(16,579		)
Net assets acquired	$	1,528		$	2,013		$	5,178		$	4,016		$	12,735

Consideration²	$	1,528		$	2,006		$	5,178		$	3,845		$	12,557


1.	Includes non-controlling interests recognized on business combinations measured as the proportionate share of fair value of the assets and liabilities on the date of acquisition


2.	Total consideration, including amounts paid by non-controlling interests that participated in the acquisition as investors in Brookfield-sponsored private funds or as co-investors

The following table summarizes the balance sheet impact as a result of significant business combinations that occurred in 2016:



	Real Estate															Renewable Power						Infrastructure
(MILLIONS)	Rouse			IFC Seoul			Simply Storage			City Point			Student Housing			Isagen			Holtwood			Rutas			Niska			Linx
Cash and cash equivalents	$	32		$	25		$	16		$	1		$	33		$	113		$	—		$	115		$	15		$	12
Accounts receivable and other	94			13			28			5			3			174			1			121			99			232
Inventory	—			—			2			—			—			15			—			—			39			—
Equity accounted investments	—			—			—			—			—			—			—			—			—			115
Investment properties	3,010			1,911			1,044			742			608			—			—			—			—			—
Property, plant and equipment	13			303			—			—			—			4,772			859			6			825			229
Intangible assets	—			2			—			—			1			—			—			973			—			69
Goodwill	—			—			—			12			5			799			—			139			82			210
Deferred income tax assets	—			2			—			—			—			—			—			—			—			—
Total assets	3,149			2,256			1,090			760			650			5,873			860			1,354			1,060			867
Less:
Accounts payable and other	(231		)	(107		)	(12		)	(6		)	(49		)	(381		)	(1		)	(7		)	(71		)	(148		)
Non-recourse borrowings	(1,840		)	—			(592		)	—			(202		)	(1,130		)	—			(441		)	(337		)	(181		)
Deferred income tax liabilities	—			(35		)	—			—			—			(1,019		)	—			(153		)	(77		)	(33		)
Non-controlling interests¹	(15		)	—			(15		)	—			(2		)	(1,417		)	—			(626		)	(348		)	(360		)
	(2,086		)	(142		)	(619		)	(6		)	(253		)	(3,947		)	(1		)	(1,227		)	(833		)	(722		)
Net assets acquired	$	1,063		$	2,114		$	471		$	754		$	397		$	1,926		$	859		$	127		$	227		$	145

Consideration²	$	1,063		$	2,114		$	471		$	754		$	397		$	1,926		$	859		$	127		$	227		$	145


1.	Includes non-controlling interests recognized on business combinations measured as the proportionate share of fair value of the assets and liabilities on the date of acquisition


2.	Total consideration, including amounts paid by non-controlling interests

The following table summarizes the balance sheet impact as a result of business combinations that occurred in 2016. No material changes were made to the provisional allocations disclosed in the 2016 consolidated financial statements:



(MILLIONS)	Real Estate			Renewable Power			Infrastructure and Other			Total
Cash and cash equivalents	$	119		$	117		$	155		$	391
Accounts receivable and other	155			177			672			1,004
Inventory	10			15			39			64
Equity accounted investments	—			—			115			115
Investment properties	9,234			—			—			9,234
Property, plant and equipment	652			5,741			1,067			7,460
Intangible assets	2			—			1,225			1,227
Goodwill	17			799			470			1,286
Deferred income tax assets	2			—			12			14
Total assets	10,191			6,849			3,755			20,795
Less:
Accounts payable and other	(413		)	(385		)	(318		)	(1,116		)
Non-recourse borrowings	(2,859		)	(1,130		)	(1,161		)	(5,150		)
Deferred income tax liabilities	(35		)	(1,020		)	(263		)	(1,318		)
Non-controlling interests¹	(33		)	(1,417		)	(1,402		)	(2,852		)
	(3,340		)	(3,952		)	(3,144		)	(10,436		)
Net assets acquired	$	6,851		$	2,897		$	611		$	10,359

Consideration²	$	6,824		$	2,897		$	611		$	10,332


1.	Includes non-controlling interests recognized on business combinations measured as the proportionate share of fair value of the assets and liabilities on the date of acquisition


2.	Total consideration, including amounts paid by non-controlling interests

The following table summarizes the balance sheet impact as a result of significant business combinations that occurred in 2017:



	Renewable Power						Private Equity						Infrastructure			Real Estate
(MILLIONS)	TerraForm Power			TerraForm Global			BRK			Greenergy			NTS			Manu- factured Housing			Houston Center			Mumbai Office Portfolio
Cash and cash equivalents	$	149		$	611		$	296		$	28		$	89		$	16		$	—		$	11
Accounts receivable and other	707			266			1,043			1,290			317			79			22			12
Inventory	—			—			10			650			—			—			—			—
Equity accounted investments	—			—			109			114			—			—			—			—
Investment properties	—			—			—			—			—			2,107			825			679
Property, plant and equipment	5,678			1,208			200			154			—			—			—			—
Intangible assets	—			—			2,467			212			5,515			—			—			—
Goodwill	—			—			17			92			804			—			—			—
Deferred income tax assets	—			18			50			9			—			—			—			—
Total assets	6,534			2,103			4,192			2,549			6,725			2,202			847			702
Less:
Accounts payable and other	(1,239		)	(142		)	(227		)	(1,744		)	(202		)	(36		)	(28		)	(44		)
Non-recourse borrowings	(3,714		)	(1,188		)	(1,468		)	(210		)	—			(1,261		)	—			(511		)
Deferred income tax liabilities	(33		)	(15		)	(746		)	(52		)	(946		)	—			—			(45		)
Non-controlling interests¹	(829		)	(1		)	(745		)	(81		)	(477		)	(30		)	—			—
	(5,815		)	(1,346		)	(3,186		)	(2,087		)	(1,625		)	(1,327		)	(28		)	(600		)
Net assets acquired	$	719		$	757		$	1,006		$	462		$	5,100		$	875		$	819		$	102

Consideration²	$	719		$	757		$	1,006		$	462		$	5,100		$	768		$	819		$	102


1.	Includes non-controlling interests recognized on business combinations measured as the proportionate share of fair value of the assets and liabilities on the date of acquisition


2.	Total consideration, including amounts paid by non-controlling interests that participated in the acquisition as investors in Brookfield-sponsored private funds or as co-investors