Core Viewpoint - Partners Value Investments Inc. reported a net loss of $1.4 billion for the year ended December 31, 2025, a significant reduction from a net loss of $3.8 billion in the previous year, primarily due to lower remeasurement losses on financial instruments [2]. Financial Performance - The Company recorded a net loss of $1.4 billion for 2025, down from $3.8 billion in 2024, attributed to reduced remeasurement losses on retractable common shares and warrants [2]. - Adjusted Earnings for 2025 were $66 million, a decrease from $122 million in 2024, influenced by unfavorable foreign currency movements and higher preferred share dividends [3]. - Investment income for 2025 totaled $145.2 million, compared to $127.0 million in 2024, with dividends increasing from $108.4 million to $117.5 million [5]. Investment Portfolio - As of December 31, 2025, the Company held 181 million Class A Limited Voting Shares of Brookfield Corporation and approximately 26 million Class A Limited Voting Shares of Brookfield Asset Management Ltd., representing approximately 8% and 2% interests, respectively [7][8]. - The market value of Brookfield Corporation shares was $45.89 and Brookfield Asset Management shares were $52.39 as of December 31, 2025, with subsequent declines noted by March 25, 2026 [4]. Assets and Liabilities - Total assets as of December 31, 2025, were $11.5 billion, an increase from $10.0 billion in 2024, with significant investments in Brookfield Corporation and Brookfield Asset Management [8]. - Liabilities increased to $10.5 billion in 2025 from $8.8 billion in 2024, with a notable rise in preferred shares and retractable common shares [8].

Core Viewpoint - Partners Value Investments Inc. reported a significant net loss of $135 million for the three months ended June 30, 2025, primarily due to remeasurement losses on retractable common shares, contrasting with a net income of $94 million in the same quarter of the previous year [2]. Financial Performance - The Company experienced a net loss of $135 million for Q2 2025, compared to a net income of $94 million in Q2 2024 [2]. - Remeasurement losses on retractable common shares amounted to $247 million, while the previous year saw remeasurement gains of $95 million [2]. - The Partnership unit price increased by $3.39 during the quarter, compared to a decrease of $1.34 in the prior year quarter [2]. - Adjusted Losses for Q2 2025 were $21 million, down from Adjusted Earnings of $29 million in Q2 2024, attributed to higher investment income being offset by foreign currency losses and lower tax recoveries [3]. Investment Portfolio - As of June 30, 2025, the Company held approximately 121 million Class A Limited Voting Shares of Brookfield Corporation and about 31 million Class A Limited Voting Shares of Brookfield Asset Management Ltd., representing approximately 8% and 2% interests, respectively [7]. - The market value of Brookfield Corporation shares was $61.85 and Brookfield Asset Management shares was $55.28 as of June 30, 2025 [4]. Financial Position - Total assets as of June 30, 2025, were $10.66 billion, an increase from $9.99 billion as of December 31, 2024 [8]. - The Company reported cash and cash equivalents of $200.8 million, up from $157 million at the end of 2024 [8]. - Liabilities included $6.61 billion in retractable common shares and $773.6 million in preferred shares as of June 30, 2025 [8].