03:35 PM EST - Brookfield Asset Management Inc. : announced its financial results for the year ended December 31, 2011. Net income on a consolidated basis totaled $3.7 billion, of which $2.0 billion (or $2.89 per share), compared to the $3.2 billion recorded in 2010. Funds from operations totaled $2.4 billion on a consolidated basis, of which $1.1 billion ($1.51 per share) accrued to Brookfield shareholders. Brookfield Asset Management Inc.
shares T.BAM.A are trading up $0.10 at $31.63.
