Business Context and Reporting Period
This Form 6-K is a report of a foreign private issuer filed by Brookfield Asset Management Inc. (formerly Brascan Corporation) for the month of October 2006, specifically dated October 11, 2006. The filing serves to incorporate by reference a press release regarding a corporate action affecting its preferred shares.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document is a procedural filing to disclose a specific event rather than a comprehensive financial report.
Material Changes
The primary material change disclosed is the announcement of a reset dividend rate on the company's Series 9 Preferred Shares. No other material changes to financial position or operations are detailed in this specific filing text.
Guidance, Outlook, and Risks
The filing does not contain management commentary on future guidance, outlook, risks, contingencies, or unusual items beyond the specific announcement of the dividend rate reset.
Investor Verification Checklist
- Verify the specific new dividend rate for Series 9 Preferred Shares announced in the referenced press release (Exhibit 99.1).
- Confirm the effective date of the dividend rate reset.
- Review the full text of the press release dated October 11, 2006, for details on the calculation methodology or terms of the reset.