SUBSIDIARY PUBLIC ISSUERS AND FINANCE SUBSIDIARY

Brookfield Finance Inc. (“BFI”) is an indirect 100% owned subsidiary of the Corporation that may offer and sell debt securities. Any debt securities issued by BFI are fully and unconditionally guaranteed by the Corporation. BFI issued $500 million of 4.25% notes due in 2026 on June 2, 2016, $550 million and $350 million of 4.70% notes due in 2047 on September 14, 2017 and January 17, 2018, respectively, $650 million of 3.90% notes due in 2028 on January 17, 2018 and $1 billion of 4.85% notes due in 2029 on January 29, 2019.

Brookfield Finance LLC (“BFL”) is a Delaware limited liability company formed on February 6, 2017 and an indirect 100% owned subsidiary of the Corporation. BFL is a “finance subsidiary,” as defined in Rule 3-10 of Regulation S-X. Any debt securities issued by BFL are fully and unconditionally guaranteed by the Corporation. On March 10, 2017, BFL issued $750 million of 4.00% notes due in 2024. On December 31, 2018, as part of an internal reorganization, BFI acquired substantially all of BFL’s assets and became a co-obligor of BFL’s 2024 notes. BFL has no independent activities, assets or operations other than in connection with any debt securities it may issue.

Brookfield Investments Corporation (“BIC”) is an investment company that holds investments in the real estate and forest products sectors, as well as a portfolio of preferred shares issued by the Corporation’s subsidiaries. The Corporation provided a full and unconditional guarantee of the Class 1 Senior Preferred Shares, Series A issued by BIC. As at June 30, 2019, C$42 million of these senior preferred shares were held by third-party shareholders and are retractable at the option of the holder.

The following tables contain summarized financial information of the Corporation, BFI, BFL, BIC and non-guarantor subsidiaries:



AS AT AND FOR THE THREE MONTHS ENDED JUN. 30, 2019 (MILLIONS)	The Corporation¹			BFI			BFL			BIC		Subsidiaries of the corporation other than BFI, BFL and BIC²		Consolidating Adjustments³			The Company Consolidated
Revenues	$	—		$	38		$	—		$	27	$	18,152	$	(1,293	)	$	16,924
Net income attributable to shareholders	399			30			—			8		633		(671		)	399
Total assets	63,427			5,411			8			3,479		301,264		(87,253		)	286,336
Total liabilities	32,626			3,953			1			2,243		178,629		(34,245		)	183,207

AS AT DEC. 31, 2018 AND FOR THE THREE MONTHS ENDED JUN. 30, 2018 (MILLIONS)	The Corporation¹			BFI			BFL			BIC		Subsidiaries of the corporation other than BFI, BFL and BIC²		Consolidating Adjustments³			The Company Consolidated
Revenues	$	181		$	9		$	13		$	29	$	14,200	$	(1,156	)	$	13,276
Net income attributable to shareholders	680			(13		)	(1		)	30		484		(500		)	680
Total assets	59,105			4,330			13			3,296		271,534		(81,997		)	256,281
Total liabilities	29,290			2,909			6			2,198		154,458		(29,730		)	159,131

FOR THE SIX MONTHS ENDED JUN. 30, 2019 (MILLIONS)	The Corporation¹			BFI			BFL			BIC		Subsidiaries of the Corporation other than BFI, BFL and BIC²		Consolidating Adjustments³			The Company Consolidated
Revenues	$	(21	)	$	72		$	—		$	54	$	35,304	$	(3,277	)	$	32,132
Net income attributable to shareholders	1,014			34			—			16		1,969		(2,019		)	1,014

FOR THE SIX MONTHS ENDED JUN. 30, 2018 (MILLIONS)	The Corporation¹			BFI			BFL			BIC		Subsidiaries of the Corporation other than BFI, BFL and BIC²		Consolidating Adjustments³			The Company Consolidated
Revenues	$	395		$	22		$	26		$	58	$	27,665	$	(2,259	)	$	25,907
Net income attributable to shareholders	1,537			(21		)	(1		)	39		964		(981		)	1,537


1.	This column accounts for investments in all subsidiaries of the Corporation under the equity method.


2.	This column accounts for investments in all subsidiaries of the Corporation other than BFI, BFL and BIC on a combined basis.


3.	This column includes the necessary amounts to present the company on a consolidated basis.