26.02.2015 Views

Investing - Brookfield Asset Management

Investing - Brookfield Asset Management

Investing - Brookfield Asset Management

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Timber Platform<br />

• Solid performance driven by well located timberlands with high quality species<br />

– Cash flow growth from higher sales and prices<br />

– Log prices increased 13%, volumes up 30% year-over-year<br />

Operating Cash Flow Growth<br />

Key Attributes<br />

t<br />

US$ in millions<br />

$40<br />

$38<br />

$35<br />

$30<br />

$25<br />

– Scarce, high value, premium asset<br />

– Market access and location<br />

– Favourable industry dynamics<br />

$20 – Diversified product mix in highly productive<br />

$15<br />

climate<br />

$15<br />

$10<br />

$5<br />

$-<br />

H1 2010 H1 2011<br />

– High margin business with sustainable cash<br />

flows<br />

– Flexibility to adjust volumes to meet demand<br />

107 | <strong>Brookfield</strong> <strong>Asset</strong> <strong>Management</strong> Inc.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!