UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F-HR
FORM 13F-HR COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2010
Check here if Amendment [ ]; Amendment Number: _______
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: Brookfield Asset Management Inc.
Address: Brookfield Place
181 Bay Street, Suite 300
Toronto, Ontario M5J 2T3
Form 13F File Number: 28-
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Jeffrey Haar
Title: Senior Vice President, Legal
Phone: 416-956-5240
Signature, Place, and Date of Signing:
/s/ Jeffrey Haar Toronto, Ontario, Canada 02/14/2011
------------------------ ------------------------ ------------------------
[Signature] [Place] [Date]
Report Type (Check only one.):
[X]13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ]13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[ ]13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 16
Form 13F Information Table Value Total: 8,140,014
___________
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. 13F File Number Name
--- --------------- ----------------------------------------------------------
02 028- Brookfield Asset Management Private Institutional Capital
Adviser (Canada) LP
Brookfield Asset Management Inc.
FORM 13F
As of December 31, 2010
VOTING AUTHORITY
SHARES/ ------------------
TITLE OF VALUE PRN SH/ PUT/ INVSTMT OTHER
NAME OF ISSUER CLASS CUSIP (x$1000) AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
-------------- ----------- --------- -------- --------- --- ---- ------- -------- --------- --------- ----
AMN HEALTHCARE
SERVICES........... COM 001744101 1167 190000 SH Defined 190000
ANNALY CAP MGMT INC. COM 035710409 2688 150000 SH Defined 150000
APPLE INC........... COM 037833100 1133 3514 SH Defined 3514
BANK MONTREAL
QUE................ COM 063671101 201 3500 SH Defined 3500
BANK NOVA SCOTIA
HALIFAX............ COM 064149107 200 3500 SH Defined 3500
BROOKFIELD HOMES
CORP COM........... COM 112723101 172687 18370978 SH Defined 18370978
BROOKFIELD INFRAST
PARTNERS........... LP INT UNIT G16252101 1030 48930 SH Defined 48930
BROOKFIELD PPTYS
CORP COM........... COM 112900105 4371326 249362561 SH Defined 249362561
DANAHER CORP........ COM 235851102 1191 25256 SH Defined 25256
DIANA SHIPPING INC.. COM Y2066G104 6010 500000 SH Defined 50000
GENERAL GROWTH
PPTYS INC NEW...... COM 370023103 3574580 230916030 SH Defined 02 230916030
IMPERIAL OIL LTD.... COM 453038408 276 6800 SH Defined 6800
ROYAL BK CDA
MONTREAL QUE....... COM 780087102 262 5000 SH Defined 5000
TECUMSEH PRODS CO... CL B 878895101 6525 500000 SH Defined 500000
TORONTO DOMINION
BK ONT............. COM 891160509 319 4300 SH Defined 4300
TRANSCANADA CORP.... COM 89353D107 418 11000 SH Defined 11000