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Brookfield Brookfield Announces Record Inflows of $ 34 billion and Strong Third Quarter $ 1.2 billion of Distributable Earnings and $ 2.7 billion of Net Income BROOKFIELD , NEWS , November 11 , 2021 Brookfield Asset Management Inc. ( NYSE : BAM , TSX : BAM.A ) today announced financial results for the quarter ended September 30 , 2021 . Nick Goodman , CFO of Brookfield , stated " We took in record inflows of $ 34 billion since last quarter . Financial results in the quarter were also very strong , reflecting continued growth and excellent investment performance across the franchise . Strong inflows , supported by closes within our Real Estate and Global Transition flagship funds , stable cash flows from our invested capital , and monetization activity contributed to distributable earnings of $ 1.2 billion , taking the total generated over the last twelve months to $ 6.6 billion . Looking forward , we remain focused on executing our growth plan of doubling the size of the business over the next five years . " Operating Results Unaudited For the periods ended September 30 ( US $ millions , except per share amounts ) Net income¹ $ Net income attributable to common shareholders² $ Net income per Brookfield share² Funds from operations2,3 Per Brookfield share2,3 Distributable earnings $ $ Three Months Ended 2021 2,722 797 0.47 1,408 0.85 1,242 $ $ Press Release $ $ 1 . Consolidated basis - includes amounts attributable to non - controlling interests . 2. Excludes amounts attributable to non - controlling interests . 3 . See Basis of Presentation on page 8 and a reconciliation of net income to FFO on page 5 . 2020 542 172 0.10 1,039 0.65 890 Last Twelve Months Ended 2021 2020 $ 10,742 $ 530 $ $ 3,491 2.13 7,925 4.97 $ 6,613 $ $ $ 69 ( 0.02 ) 288 2.70 3,375 Funds from operations ( " FFO " ) and net income in the quarter were $ 1.4 billion and $ 2.7 billion , respectively , both representing significant increases over the prior year period . Distributable earnings ( " DE " ) were $ 1.2 billion for the quarter and $ 6.6 billion over the last twelve months , almost double that of last year . The strong performance in the quarter was a result of higher fee - related earnings given a number of new funds , steady momentum on carried interest realizations , increased distributions from our principal investments , and disposition gains recognized on our principal investments . Before realizations , DE of $ 873 million for the quarter , was 24 % higher than the comparative period . Regular Dividend Declaration The Board declared a quarterly dividend of US $ 0.13 per share , payable on December 31 , 2021 to shareholders of record as at the close of business on November 30 , 2021. The Board also declared the regular monthly and quarterly dividends on its preferred shares . Brookfield Asset Management 1