Brookfield Asset Management Inc: Reports $6.4 billion of Investment Gains in First Quarter on $13 billion of Asset Sales
(US$ millions, except per share amounts)
Three Months Ended
2
2,3
2. Excludes amounts attributable to non-controlling interests.
3. 2020 per share amounts have been adjusted to reflect BAM s three-for-two stock split effective April 1, 2020.
4. See Basis of Presentation on page 8 and a reconciliation of net income (loss) to FFO on page 5.
Funds from operations (FFO) in the quarter were a record $2.8 billion and net income was $3.8 billion. This was due to strong financial results in our operations, the ongoing growth in our asset management franchise and increased asset sale activity. Growth in FFO from our invested capital was strong despite a lagging impact of our property results from the global shutdowns, but as economies normalize our affected assets are all coming back.
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MONTRÉAL, May 13, 2021 /PRNewswire/ - Quebecor Inc. ( Quebecor or the Corporation ) today reported its consolidated financial results for the first quarter of 2021. Quebecor consolidates the financial results of its wholly owned Quebecor Media Inc. ( Quebecor Media ) subsidiary.
First quarter 2021 highlights
Adjusted EBITDA:
Adjusted income from continuing operating activities:
2 $129.9 million ($0.52 per basic share), an increase of $18.4 million ($0.08 per basic share) or 16.5%.
Net income attributable to shareholders: $121.3 million ($0.49 per basic share), a decrease of $10.3 million ($0.03 per basic share).
Cash flows from operations:
3 $307.6 million, up $12.6 million (4.3%).
The Telecommunications segment grew its revenues by $39.3 million (4.5%) and its adjusted EBITDA by $15.4 million (3.5%) in the first quarter of 2021.
Form 6-K JD com, Inc For: May 13 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Africa Oil Announces Strong First Quarter 2021 Financial Results and the Signing of a New Facility to Refinance its Existing Term Loan
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VANCOUVER, BC, May 13, 2021 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) –
Africa Oil Corp. ( Africa Oil , AOC or the Company ) is pleased to announce its financial and operating results for the three months ended March 31, 2021. The Company is also pleased to announce that it has achieved one of its primary objectives for 2021 with the signing of a new term loan agreement ( Corporate Facility ), to refinance its existing term facility ( Term Loan ) that is due to mature in January 2022. This achieves significant reduction in borrowing costs, strengthens the balance sheet and improves the Company s liquidity position. View PDF version
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LUXEMBOURG, May 13, 2021 /PRNewswire/ Adecoagro S.A. (NYSE: AGRO, Bloomberg: AGRO US, Reuters: AGRO.K), a leading agro-industrial company in South America, announced today its results for the first quarter ended March 31, 2021. The financial information contained in this press release is based on unaudited condensed consolidated interim financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 30 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release.
Main
highlights for the period: