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BAM Split Corp.: BAM Split Corp. Announces 2007 Annual Results
TORONTO, ONTARIO (MARKET WIRE) BAM Split Corp. (TSX: BNA) announced today that income available for distribution for the year ended September 30, 2007, was $19.6 million, an increase from $14.7 million for the same period in the prior year, as a result of the acquisition of additional Brookfield shares and an increase in the dividends received on the Brookfield shares. Operating expenses for the year were $2.6 million, compared to $0.9 million in the prior year, of which $1.4 million were related to Preferred share amortization costs on the adoption of the new Financial Instrument accounting standards. During the year, the