February 8, 2008 / 1:47 PM / in 10 years

Brookfield Assets Q4 profit slides

(In U.S. dollars)

TORONTO, Feb 8 (Reuters) - Brookfield Asset Management (BAMa.TO) (BAM.N) said on Friday its fourth-quarter profit dropped due to a lower level of realization gains.

Brookfield earned $346 million, or 56 cents a share, in the quarter ended Dec. 31, down from a profit of $611 million, or $1.01 a share, a year earlier.

$1=$1.00 Canadian Reporting by John McCrank; Editing by Scott Anderson

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