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

The CODM measures and evaluates segment performance based on equity attributable to parent company, netoperating income (“NOI”) and funds from operations (“FFO”). NOI and FFO do not have standardized meaningsprescribed by IFRS and therefore may differ from similar metrics used by other companies. The Business definesthese measures as follows:• NOI means revenues from operations of consolidated properties less direct operating costs; and• FFO: means income, including equity accounted income, before realized gains (losses), fair value gains(losses) (including equity accounted fair value gains (losses)), income tax expense (benefits) and lessnon-controlling interests.The following summary presents segmented financial information for the company’s principal geographic areasof business:(US$ Millions) Total assets Total liabilities Equity attributable to parentDec. 31, 2011 Dec. 31, 2010 Dec. 31, 2011 Dec. 31, 2010 Dec. 31, 2011 Dec. 31, 2010OfficeUnited States (1) $ 15,741 $ 10,541 $ 7,710 $ 4,456 $ 7,395 $ 5,678Canada (2) 4,718 4,393 2,247 2,042 2,044 2,081Australia (3) 5,186 4,683 2,681 2,529 2,315 2,028Europe 1,515 1,348 557 565 958 783Developments 1,713 1,404 738 530 560 509Unallocated (4) - - 1,375 1,466 (6,735) (5,787)28,873 22,369 15,308 11,588 6,537 5,292RetailUnited States 4,282 1,192 51 1 3,938 980Australia 407 441 185 194 200 247Brazil 2,430 2,412 1,186 1,432 311 159Europe - 315 - 272 - 437,119 4,360 1,422 1,899 4,449 1,429Multi-Family andIndustrial (5) 1,112 1,148 584 625 157 164OpportunisticInvestments (6) 3,213 2,690 1,509 1,311 738 579$ 40,317 $ 30,567 $ 18,823 $ 15,423 $ 11,881 $ 7,4641. Equity attributable to parent is net of non-controlling interests of $636 million (2010 - $407 million).2. Equity attributable to parent is net of non-controlling interests of $427 million (2010 - $270 million).3. Equity attributable to parent is net of non-controlling interests of $190 million (2010 - $126 million).4. Unallocated liabilities include corporate debt and capital securities. Equity attributable to parent includes non-controlling interests.5. Operations primarily in North America.6. Operations primarily in North America with interests in Europe, Australia, and Brazil.F-39