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: 2010 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 28, 2011) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Net income loss attributable to reporting entity | |||
| Income loss from continuing operations before income taxes minority | |||
| Revenues: | |||
| Investment gains/losses | $ 4,058 | 318 | 1,173 |
| Derivative gains/losses | 261 | 3,624 | (6,821) |
| Total revenues | 136,185 | 112,493 | 107,786 |
| Costs and expenses: | |||
| Insurance losses and loss adjustment expenses | 18,087 | 18,251 | 16,259 |
| Total costs and expenses | 117,134 | 100,941 | 100,212 |
| Earnings before income taxes | 19,051 | 11,552 | 7,574 |
| Income tax expense | 5,607 | 3,538 | 1,978 |
| Earnings from equity method investments | 50 | 427 | |
| Net earnings | 13,494 | 8,441 | 5,596 |
| Less: Earnings attributable to noncontrolling interests | 527 | 386 | 602 |
| Net earnings attributable to Berkshire Hathaway | 12,967 | 8,055 | 4,994 |
| Average common shares outstanding | 1,635,661 | 1,551,174 | 1,548,960 |
| Net earnings per share attributable to Berkshire Hathaway shareholders: | |||
| Statement Business Segment | |||
| Insurance and Other | |||
| Insurance premiums earned | 30,749 | 27,884 | 25,525 |
| Sales and service revenues | 67,225 | 62,555 | 65,854 |
| Interest, dividend and other investment income | 5,215 | 5,531 | 5,140 |
| Investment gains/losses | 4,044 | 358 | 1,166 |
| Other-than-temporary impairment losses on investments | (1,973) | (3,155) | (1,813) |
| Total revenues | 105,260 | 93,173 | 95,872 |
| Insurance losses and loss adjustment expenses | 18,087 | 18,251 | 16,259 |
| Life, annuity and health insurance benefits | 4,453 | 1,937 | 1,942 |
| Insurance underwriting expenses | 6,196 | 6,236 | 4,634 |
| Cost of sales and services | 55,585 | 52,647 | 54,103 |
| Selling, general and administrative expenses | 7,704 | 8,117 | 8,052 |
| Interest expense | 278 | 189 | 212 |
| Total costs and expenses | 92,303 | 87,377 | 85,202 |
| Railroad, Utilities and Energy | |||
| Operating revenues | 26,186 | 11,204 | 12,668 |
| Other | 178 | 239 | 1,303 |
| Total revenues | 26,364 | 11,443 | 13,971 |
| Cost of sales and operating expenses | 19,637 | 8,739 | 9,840 |
| Interest expense | 1,577 | 1,176 | 1,168 |
| Total costs and expenses | 21,214 | 9,915 | 11,008 |
| Finance and Financial Products | |||
| Interest, dividend and other investment income | 1,683 | 1,600 | 1,616 |
| Investment gains/losses | 14 | (40) | 7 |
| Derivative gains/losses | 261 | 3,624 | (6,821) |
| Other | 2,603 | 2,693 | 3,141 |
| Total revenues | 4,561 | 7,877 | (2,057) |
| Interest expense | 703 | 627 | 583 |
| Other | 2,914 | 3,022 | 3,419 |
| Total costs and expenses | 3,617 | 3,649 | 4,002 |
| Class of Stock | |||
| Class A | |||
| Net earnings per share attributable to Berkshire Hathaway shareholders | 7928 | 5193 | 3224 |
| Class B | |||
| Net earnings per share attributable to Berkshire Hathaway shareholders | 5 | 3 | 2 |
| External Links | |
| BERKSHIRE HATHAWAY INC (BRK) Fiscal Year 2010 | |
| 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 |