FORM 20-F/A Brookfield Property Partners L.P. - Brookfield Asset ...

along with proceeds from financing activities, will continue to provide the necessary funds to cover our shorttermliquidity needs. However, material changes in the factors described above may adversely affect our net cashflows.Most of our borrowings are in the form of long term asset-specific financings with recourse only to thespecific assets. Limiting recourse to specific assets ensures that poor performance within one area should notcompromise our ability in and of itself to finance the balance of our operations. A summary of our debt profilefor each of our office and retail segments are included elsewhere in this MD&A.At March 31, 2012, Brookfield Office Properties had a floating rate bank credit facility of $660 millionwhich matures in March 2014. Additionally, one of its subsidiaries has bilateral agreements with a number ofCanadian chartered banks for an aggregate floating rate bank credit facility of C$125 million, the terms of whichextend to June 2014. At March 31, 2012, the balances drawn on these facilities totaled $381 million.Our operating entities are subject to limited covenants in respect of their corporate debt and were incompliance with all such covenants at March 31, 2012. Our operating subsidiaries are also in compliance with allcovenants and other capital requirements related to regulatory or contractual obligations of material consequenceto us.In addition, see Item 7.B. “Major Shareholders and Related Party Transactions — Related PartyTransactions — Relationship with Brookfield — Preferred Shares of Certain Holding Entities”>. For adescription of our