Brookfield property reit inc. (BPRAP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Revenues:
Rental revenues, net

1,337

1,867

2,133

1,449

1,481

1,583

1,553

1,517

1,508

Tenant recoveries

-

-

-

668

689

739

716

693

694

Overage rents

-

-

-

42

44

51

55

69

60

Management fees and other corporate revenues

166

125

105

95

86

70

68

71

61

Other

59

70

89

90

102

89

90

73

72

Total revenues

1,563

2,064

2,327

2,346

2,403

2,535

2,486

2,426

2,396

Operating Expenses:
Real estate taxes

171

221

237

229

222

227

239

215

215

Property maintenance costs

32

41

49

55

60

66

69

74

86

Marketing

5

7

11

13

21

24

27

33

32

Other property operating costs

179

253

286

282

302

333

341

351

365

Provision for doubtful accounts

0

12

10

8

8

8

3

3

4

Provision for loan loss

-

-

-

29

0

0

-

-

-

Property Management and Other Costs

229

172

145

138

161

155

164

159

186

General and administrative

22

46

56

55

50

64

49

39

30

Costs related to the BPY Transaction

9

202

0

0

-

-

-

-

-

Provision for impairment

223

45

0

73

8

5

0

0

0

Depreciation and amortization

501

633

693

660

643

708

749

768

854

Total operating expenses

1,373

1,636

1,489

1,546

1,480

1,594

1,645

1,644

1,778

Operating income (loss)

-

-

-

-

923

941

840

781

618

Interest and dividend income

25

33

61

59

49

28

7

2

1

Interest expense

678

576

541

571

607

699

723

781

863

Loss on foreign currency

0

0

-0

14

-44

-18

7

0

-

Warrant liability adjustment

-

-

-

-

-

-

40

502

-55

Gains from changes in control of investment properties and other, net

720

3,097

79

722

634

91

219

18

-

(Loss) gain on extinguishment of debt

-27

13

55

0

0

-

-36

-15

-

Loss before income taxes, equity in loss of Unconsolidated Real Estate Affiliates and related gain on investment, and allocation to noncontrolling interests

230

2,995

491

1,026

954

343

260

-496

-188

Provision for income taxes

9

-594

-10

0

-38

7

0

9

8

Equity in loss of Unconsolidated Real Estate Affiliates

19

86

152

231

73

51

58

78

2

Equity Method Investment, Realized Gain (Loss) on Disposal

240

487

12

51

327

9

9

-

-

Income from continuing operations

-

-

-

-

-

398

328

-426

-193

Discontinued operations:
Income from discontinued operations, including gains on dispositions

-

-

-

-

-

137

-37

-95

-112

Gain on extinguishment of tax indemnification liability

-

-

-

-

-

77

0

0

-

Gain on extinguishment of debt

-

-

-

-

-

66

25

50

-

Discontinued operations, net

-

-

-

-

-

281

-11

-44

-112

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

480

4,163

666

1,308

1,393

679

317

-471

-306

Allocation to noncontrolling interests

48

73

9

19

19

14

14

9

6

Net (loss) income attributable to Brookfield Property REIT Inc.

432

4,090

657

1,288

1,374

665

302

-481

-313

Preferred Stock dividends

-

-

-

-

15

15

14

0

-

Net income attributable to common stockholders

-

-

-

-

1,358

649

288

-481

-313

Common Stock Earnings Per Share (See Note 10):
Earnings Per Share [Abstract]
Basic & diluted earnings per share class A stock (in dollars per share)

1.32

0.63

0.00

0.00

-

-

-

-

-

Basic

-

-

-

-

-

0.42

0.32

-0.47

-0.21

Diluted

-

-

-

-

-

0.32

-0.01

-0.05

-0.12

Basic (in dollars per share)

-

4.16

0.72

1.44

1.54

0.74

0.31

-0.52

-0.33

Continuing operations (in dollars per share)

-

-

-

-

-

0.39

0.32

-0.47

-0.25

Discontinued operations (in dollars per share)

-

-

-

-

-

0.30

-0.01

-0.05

-0.12

Diluted (in dollars per share)

-

4.15

0.68

1.34

1.43

0.69

0.31

-0.52

-0.37

Comprehensive Income (Loss), Net:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

480

4,163

666

1,308

1,393

679

317

-471

-306

Other comprehensive loss
Foreign currency translation

-2

-10

-1

14

-33

-13

49

-39

-48

Reclassification adjustment for realized gains on available-for-sale securities included in net income

-

-

-

-11

11

0

-0

-0

0

Net unrealized losses on other financial instruments

-0

0

0

0

0

-0

-0

-

-

Other comprehensive loss

-2

-10

-1

2

-21

-13

49

-39

-48

Comprehensive (loss) income

478

4,153

665

1,310

1,372

666

366

-511

-355

Comprehensive loss (income) allocated to noncontrolling interests

48

73

9

19

18

13

15

9

6

Comprehensive (loss) income attributable to Brookfield Property REIT Inc.

430

4,079

655

1,290

1,353

652

351

-520

-361

Preferred Stock dividends

-

-

-

-

15

15

14

0

-

Comprehensive income, net, attributable to common stockholders

-

-

-

-

1,337

636

337

-520

-361