| Business Summary | | Brascan
Corporation
provides
a
range
of
products
and
services
to
their
customers
and
clients,
managing
and
operating
more
than
120
major
production
facilities
and
properties,
located
mainly
in
Canada,
the
United
States
and
South
America.
The
Company
conducts
business
through
four
segments:
Natural
Resource
Operations,
Property
Operations,
Energy
Operations,
and
Financial
Services.
Operations
in
the
natural
resources
sector
are
conducted
primarily
through
40%-owned
Noranda,
a
mining
and
metallurgical
company,
and
33%-owned
Nexfor,
a
diversified
forest
products
company.
Operations
in
the
property
sector
are
conducted
principally
through
50%-owned
Brookfield,
an
office
property
company,
which
also
provides
property
management
services
and
develops
master-planned
residential
communities.
Operations
in
the
energy
sector
are
conducted
principally
through
93%-owned
Great
Lakes,
a
Canada-based
electrical
power
company.
The
Company
provides
financial
services
through
65%-owned
Trilon. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BNN
operates
in
the
natural
resources
(minings
and
metals,
and
forest
products),
power
generation
(integrated
power
systems),
real
estate
(development
and
management)
and
financial
services
(banking
and
brokerage)
segments.
For
the
six
months
ended
6/30/01,
revenues
fell
5%
to
C$754
million.
Net
income
from
continuing
operations
applicable
to
Common
rose
3%
to
C$175
million.
Results
reflect
reduced
equity
in
earnings
of
affiliates,
offset
by
lower
taxes
and
other
provisions. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Robert Harding | Chairman | Jack Cockwell | Pres,
CEO | Edward Kress | Exec.
VP | Alan Dean | Sr.
VP, Public and Corp. Affiars and Sec. | Harry Goldgut | Sr.
VP and Gen. Counsel |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|