Partners Value Split Corp. Announces 2016 Semi-Annual Results

TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - Partners Value Split Corp. (the "Company") (TSX:PVS) announced today that the net asset value per unit was $105.09 at June 30, 2016.

Income available for distribution for the six month period ended June 30, 2016 was $27 million compared to $23 million in the prior year. Net asset value per unit consists of one preferred share and one capital share. The net asset value per unit is posted monthly on our website at www.partnersvaluesplit.com.

STATEMENTS OF COMPREHENSIVE INCOME
As at June 30, 2016 and December 31, 2015, and for the six months ended June 30 (Thousands)			2016			2015
Income
	Investment income	$	27,681		$	23,283
			27,681			23,283
Expenses
	Operating		267			267
Income available for distribution			27,414			23,068
Distributions paid on senior preferred shares and debentures			(15,256	)		(12,964	)
Income available for distribution to junior preferred and capital shares			12,158			10,104
Amortization of share issuance costs			(965	)		(739	)
Income available for distribution to capital shares			11,193			9,365
Change in unrealized and realized value of investment			(28,643	)		384,883
Comprehensive income		$	(17,450	)	$	394,248
Net assets		$	3,620,984		$	2,699,355
Semi-annual dividends per senior preferred share
	- Class AA, Series 3	$	0.5438		$	0.5438
	- Class AA, Series 5		0.6063			0.6063
	- Class AA, Series 6		0.5625			0.5625
	- Class AA, Series 7		0.6875			0.6875

Partners Value Split Corp. owns 80 million Class A Limited Voting Shares ("Brookfield Shares") of Brookfield Asset Management Inc. ("Brookfield") which generate cash flow through dividend payments that fund quarterly fixed cumulative preferential dividends for the holders of the Company's preferred shares, and provide the holders of the Company's capital shares the opportunity to participate in any capital appreciation of Brookfield Shares.