| Jun'18 | Jun'17 | |||||
|---|---|---|---|---|---|---|
Operating activities | ||||||
Net income | ||||||
1,664 | 958 | |||||
Other income and gains | ||||||
-95 | 0 | |||||
Share of undistributed equity accounted earnings | ||||||
165 | 155 | |||||
Fair value changes | ||||||
-833 | -213 | |||||
Depreciation and amortization | ||||||
672 | 613 | |||||
Deferred income taxes | ||||||
203 | 31 | |||||
Investments in residential inventory | ||||||
83 | -11 | |||||
Net change in non-cash working capital balances | ||||||
606 | 64 | |||||
Cash flows from (used in) operating activities | ||||||
923 | 1,159 | |||||
Financing activities | ||||||
Corporate borrowings arranged | ||||||
0 | 0 | |||||
Corporate borrowings repaid | ||||||
0 | 434 | |||||
Commercial paper and bank borrowings, net | ||||||
0 | 0 | |||||
Non-recourse borrowings arranged | ||||||
9,649 | 7,520 | |||||
Non-recourse borrowings repaid | ||||||
5,619 | 4,505 | |||||
Non-recourse credit facilities, net | ||||||
835 | -1,296 | |||||
Subsidiary equity obligations issued | ||||||
26 | 0 | |||||
Subsidiary equity obligations redeemed | ||||||
32 | 123 | |||||
Capital provided from non-controlling interests | ||||||
1,050 | 4,282 | |||||
Capital repaid to non-controlling interests | ||||||
1,178 | 702 | |||||
Distributions to non-controlling interests | ||||||
1,767 | 813 | |||||
Distributions to shareholders | ||||||
182 | 170 | |||||
Cash flows from (used in) financing activities | ||||||
2,784 | 3,756 | |||||
Investing activities | ||||||
Acquisitions | ||||||
Investment properties | ||||||
546 | 500 | |||||
Property, plant and equipment | ||||||
398 | 412 | |||||
Equity accounted investments | ||||||
220 | 555 | |||||
Financial assets and other | ||||||
1,361 | 1,115 | |||||
Acquisition of subsidiaries | ||||||
2,557 | 5,949 | |||||
Dispositions | ||||||
Investment properties | ||||||
11 | 175 | |||||
Property, plant and equipment | ||||||
27 | 13 | |||||
Equity accounted investments | ||||||
155 | 701 | |||||
Financial assets and other | ||||||
991 | 746 | |||||
Disposition of subsidiaries | ||||||
-6 | -37 | |||||
Restricted cash and deposits | ||||||
227 | 39 | |||||
Cash flows from (used in) investing activities | ||||||
-3,677 | -6,894 | |||||
Cash and cash equivalents | ||||||
Change in cash and cash equivalents | ||||||
30 | -1,979 | |||||
Net change in cash classified within assets held for sale | ||||||
-12 | 0 | |||||
Foreign exchange revaluation | ||||||
-149 | -19 | |||||