Brookfield Corporation (BN) annual results, year to 31 December 2023: revenue USD 95,924 million, from the 40-F
Brookfield Corporation files a 40-F with the SEC once a year, in US dollars. In the year to 31 December 2023 it reported revenue of USD 95,924 million, up 3.4% on the year before. Its profit attributable to shareholders was USD 1,130 million, down 45.0%, and diluted earnings per share USD 0.61.
The year to 31 December 2023, against the year before
| Year to | Dec 2022 | Dec 2023 |
|---|---|---|
| Revenue | 92,769 | 95,924 |
| Cost of sales | 54,044 | 52,224 |
| Selling, general and administrative | 3,931 | 5,354 |
| Income tax | 1,469 | 1,011 |
| Profit for the year | 5,195 | 5,105 |
| Profit attributable to shareholders | 2,056 | 1,130 |
| Filing | 40-F | 40-F |
USD million, from the 40-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.
USD per ordinary share, as filed.
Cash flow
| Year to | Dec 2022 | Dec 2023 |
|---|---|---|
| Cash from operations | 8,751 | 6,467 |
| Purchase of property, plant and equipment | 7,236 | 8,069 |
| Free cash flow | 1,515 | -1,602 |
| Dividends paid | 1,029 | 602 |
| Filing | 40-F | 40-F |
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet at year end
| Year to | Dec 2022 | Dec 2023 |
|---|---|---|
| Total assets | 441,284 | 490,095 |
| Equity attributable to shareholders | 141,891 | 168,242 |
| Cash and cash equivalents | 14,396 | 11,222 |
| Borrowings, as filed | 11,390 | 12,160 |
| Lease liabilities | 8,506 | 8,882 |
| Trade and other receivables | 19,489 | 20,263 |
| Inventories | 9,108 | 7,060 |
| Goodwill | 28,662 | 34,911 |
| Filing | 40-F | 40-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2022 | Dec 2023 |
|---|---|---|
| Net margin | 2.2% | 1.2% |
| Free cash flow margin | 1.6% | -1.7% |
| Return on year-end equity | 1.4% | 0.7% |
| Filing | 40-F | 40-F |
Arithmetic on the filed lines of the same year.
Every annual report here
- Year to 31 December 2025
- Year to 31 December 2024
- Year to 31 December 2023, this page
- Year to 31 December 2022
- Year to 31 December 2021
- Year to 31 December 2020
- Year to 31 December 2019
- Year to 31 December 2018
- Year to 31 December 2017
- Year to 31 December 2016
Source
40-F for the year to 31 December 2023, filed 24 March 2025, accession 0001001085-25-000007: the filing on EDGAR. All of Brookfield Corporation's filings: EDGAR company page. The figures are in US dollars as filed.
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