Brookfield Corporation filed this 6-K on May 13, 2025

64    BROOKFIELD CORPORATION

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Consolidated Financial Statements

CONSOLIDATED BALANCE SHEETS

(UNAUDITED) AS AT MAR. 31, 2025 AND DEC. 31, 2024 (MILLIONS)			Note						2025						2024
Assets
Cash and cash equivalents			5						$	12,437					$	15,051
Other financial assets			5,6						29,996						25,887
Accounts receivable and other			5,6						30,503						30,218
Inventory			6						8,706						8,458
Assets classified as held for sale			7						13,567						10,291
Equity accounted investments			8						69,405						68,310
Investment properties			9						95,960						103,665
Property, plant and equipment			10						152,908						153,019
Intangible assets			4						37,219						36,072
Goodwill			4						37,024						35,730
Deferred income tax assets									3,852						3,723
Total assets									$	491,577					$	490,424
Liabilities and equity
Corporate borrowings			5,6						$	14,607					$	14,232
Accounts payable and other			5,6						52,802						55,502
Liabilities associated with assets classified as held for sale			7						5,993						4,721
Non-recourse borrowings of managed entities			5,6						231,257						220,560
Deferred income tax liabilities									24,634						25,267
Subsidiary equity obligations			5						3,354						4,759
Equity
Preferred equity									4,103						4,103
Non-controlling interests									113,667						119,406
Common equity			12						41,160						41,874
Total equity									158,930						165,383
Total liabilities and equity									$	491,577					$	490,424

Q1 2025 Interim Report    65

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CONSOLIDATED STATEMENTS OF OPERATIONS 

(UNAUDITED) FOR THE THREE MONTHS ENDED MAR. 31 (MILLIONS, EXCEPT PER SHARE AMOUNTS)			Note																		2025						2024
Revenues			13																		$	17,944					$	22,907
Direct costs																					(13,450)						(19,046)
Other income and gains																					588						240
Equity accounted income			8																		519						686
Expenses
Interest
Corporate borrowings																					(179)						(173)
Non-recourse borrowings																					(3,982)						(3,955)
Corporate costs																					(18)						(17)
Fair value changes			14																		(824)						158
Income taxes																					(383)						(281)
Net income																					$	215					$	519
Net income attributable to:
Shareholders																					$	73					$	102
Non-controlling interests																					142						417
																					$	215					$	519
Net income per share:
Diluted			12																		$	0.02					$	0.04
Basic			12																		0.02						0.04