| Jun'18 | Jun'17 | |||||
|---|---|---|---|---|---|---|
Commercial property revenue | ||||||
1,130 | 1,050 | |||||
Hospitality revenue | ||||||
476 | 430 | |||||
Investment and other revenue | ||||||
45 | 39 | |||||
Total revenue | ||||||
1,651 | 1,519 | |||||
Direct commercial property expense | ||||||
421 | 413 | |||||
Direct hospitality expense | ||||||
295 | 276 | |||||
Investment and other expense | ||||||
0 | 0 | |||||
Interest expense | ||||||
537 | 510 | |||||
Depreciation and amortization | ||||||
76 | 69 | |||||
General and administrative expense | ||||||
183 | 156 | |||||
Total expenses | ||||||
1,512 | 1,424 | |||||
Fair value gains, net | ||||||
770 | 454 | |||||
Share of net earnings from equity accounted investments | ||||||
288 | 193 | |||||
Income before income taxes | ||||||
1,197 | 742 | |||||
Income tax expense | ||||||
146 | 78 | |||||
Net income | ||||||
1,051 | 664 | |||||
Net income attributable to: | ||||||
Limited partners | ||||||
194 | 87 | |||||
General partner | ||||||
0 | 0 | |||||
Non-controlling interests attributable to: | ||||||
Redeemable/exchangeable and special limited partnership units | ||||||
332 | 148 | |||||
Limited partnership units of Brookfield Office Properties Exchange LP | ||||||
8 | 4 | |||||
Interests of others in operating subsidiaries and properties | ||||||
517 | 425 | |||||
Net income per LP Unit: | ||||||
Basic (in dollars per share) | ||||||
0.69 | 0.31 | |||||
Diluted (in dollars per share) | ||||||
0.68 | 0.31 | |||||