private function onCreationComplete():void
{
 var urlRequest:URLRequest = new URLRequest("MyPhoto.jpg");
 var loader:Loader = new Loader();
 loader.contentLoaderInfo.addEventListener(Event.COMPLETE, loader_complete, false, 0, true);
 loader.load(urlRequest);
}

private function loader_complete(event:Event):void
{
 var img1:Image = new Image();
 img1.source = Bitmap(event.target.content);
 addChild(img1);

 var img2:Image = new Image();
 img2.source = new Bitmap(event.target.content.bitmapData.clone());
 addChild(img2);
}