Business NewsMarketWire • Brookfield Investments Corporation Announces 2010 Fourth Quarter Financial Results

Brookfield Investments Corporation Announces 2010 Fourth Quarter Financial Results

Brookfield Investments Corporation Announces 2010 Fourth Quarter Financial Results

TORONTO, ONTARIO--(Marketwire - April 29, 2011) - Brookfield Investments Corporation (TSX VENTURE:BRN.PR.A) reported a net loss of $24 million for the year ended December 31, 2010 compared with a net loss of $130 million for 2009. The current year's net results includes $41 million of non-cash foreign exchange losses, compared with $13 million of foreign exchange losses in the prior year. The prior year also includes a one-time $67 million loss on the permanent impairment of the company's investment in Fraser Papers Inc.

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