10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BERKSHIRE HATHAWAY INC | |||
Ticker: BRK Fiscal Year: 2009 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2009 10-K (Filed: Mar 1, 2010) | |||
(In Millions, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
Net income loss attributable to reporting entity | |||
Income loss from continuing operations before income taxes minority | |||
Revenues: | |||
Total revenues | $ 112,493 | 107,786 | 118,245 |
Costs and expenses: | |||
Total costs and expenses | 100,941 | 100,212 | 98,084 |
Earnings before income taxes and equity method earnings | 11,552 | 7,574 | 20,161 |
Income tax expense | 3,538 | 1,978 | 6,594 |
Earnings from equity method investments | 427 | ||
Net earnings | 8,441 | 5,596 | 13,567 |
Less: Earnings attributable to noncontrolling interests | 386 | 602 | 354 |
Net earnings attributable to Berkshire Hathaway | 8,055 | 4,994 | 13,213 |
Average common shares outstanding [1] | 1,551,174 | 1,548,960 [1] | 1,545,751 |
Net earnings per share attributable to Berkshire Hathaway shareholders: | |||
Statement Business Segment | |||
Insurance and Other: | |||
Insurance premiums earned | 27,884 | 25,525 | 31,783 |
Sales and service revenues | 62,555 | 65,854 | 58,243 |
Interest, dividend and other investment income | 5,245 | 4,966 | 4,979 |
Investment gains/losses | 251 | 1,166 | 5,405 |
Other-than-temporary impairment losses on investments | (3,155) | (1,813) | |
Total revenues | 92,780 | 95,698 | 100,410 |
Insurance losses and loss adjustment expenses | 18,251 | 16,259 | 21,010 |
Life and health insurance benefits | 1,838 | 1,840 | 1,786 |
Insurance underwriting expenses | 6,236 | 4,634 | 5,613 |
Cost of sales and services | 52,647 | 54,103 | 47,477 |
Selling, general and administrative expenses | 8,117 | 8,052 | 7,098 |
Interest expense | 130 | 156 | 164 |
Total costs and expenses | 87,219 | 85,044 | 83,148 |
Utilities and Energy: | |||
Operating revenues | 11,204 | 12,668 | 12,376 |
Other | 239 | 1,303 | 252 |
Total revenues | 11,443 | 13,971 | 12,628 |
Cost of sales and operating expenses | 8,739 | 9,840 | 9,696 |
Interest expense | 1,176 | 1,168 | 1,158 |
Total costs and expenses | 9,915 | 11,008 | 10,854 |
Finance and Financial Products: | |||
Interest, dividend and other investment income | 1,886 | 1,790 | 1,717 |
Investment gains/losses | 67 | 7 | 193 |
Derivative gains/losses | 3,624 | (6,821) | (89) |
Other | 2,693 | 3,141 | 3,386 |
Total revenues | 8,270 | (1,883) | 5,207 |
Interest expense | 686 | 639 | 588 |
Other | 3,121 | 3,521 | 3,494 |
Total costs and expenses | 3,807 | 4,160 | 4,082 |
Class of Stock | |||
Class A | |||
Net earnings per share attributable to Berkshire Hathaway shareholders [1] | 5193.00 | 3224.00 | 8548.00 |
Class B | |||
Net earnings per share attributable to Berkshire Hathaway shareholders [1] | 3.46 | 2.15 | 5.70 |
[1] Average shares outstanding include average Class A common shares and average Class B common shares determined on an equivalent Class A common stock basis. Net earnings per share attributable to Berkshire Hathaway shareholders shown above represents net earnings per equivalent Class A common share. Net earnings per Class B common share is equal to one-fifteen-hundredth (1/1,500) of such amount or $3.46 per share for 2009, $2.15 per share for 2008 and $5.70 per share for 2007 after giving effect to the 50-for |
External Links | |
BERKSHIRE HATHAWAY INC (BRK) Fiscal Year 2009 | |
Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |