ANNUAL+REPORT(pdf 78页)

资料简介：

ANNUAL+REPORT目录：
Business Activities..............Inside Front Cover
Corporate Performance vs. the S&P 500 ...... 2
Chairman’s Letter* ....................................... 3
Acquisition Criteria ...................................... 23
Selected Financial Data For The
Past Five Years ........................................ 23
Management’s Report on Internal Control
Over Financial Reporting ......................... 24
Report of Independent Registered Public Accounting Firm................... 24
Consolidated Financial Statements............... 25
Management’s Discussion ............................ 51
Owner’s Manual . 70
Common Stock Data..................................... 75
Operating Companies ................................... 76
Directors and Officers of the Company .........................Inside Back Cover

 

ANNUAL+REPORT内容提要：
   Berkshire Hathaway Inc. is a holding company owning subsidiaries that engage in a number of diverse business activities including property and casualty insurance and reinsurance, utilities and energy, finance,  facturing, services and retailing. Included in the group of subsidiaries that underwrite property and casualty insurance and reinsurance is GEICO, one of the four largest auto insurers in the United States and two of the largest reinsurers in the world, General Re and the Berkshire Hathaway Reinsurance Group. Other subsidiaries that underwrite property and casualty insurance include National Indemnity Company, Medical Protective Company, Applied Underwriters, U.S. Liability Insurance Company, Central States Indemnity Company, Kansas Bankers Surety, Cypress Insurance Company, BoatU.S. and several other subsidiaries referred to as the “Homestate Companies.”
    MidAmerican Energy Holdings Company (“MidAmerican”) is an international energy holding company owning a wide variety of operating companies engaged in the generation, transmission and distribution of energy. Among MidAmerican’s operating energy companies are Northern Electric and Yorkshire Electricity; MidAmerican Energy Company; Pacific Power and Rocky Mountain Power; and Kern River Gas Transmission Company and Northern Natural Gas. In addition,  merican owns HomeServices of America, a real estate brokerage firm. Berkshire’s finance and financial products businesses primarily engage in proprietary investing strategies (BH Finance), commercial and consumer lending (Berkshire Hathaway Credit Corporation and Clayton Homes) and transportation equipment and furniture leasing (XTRA and CORT). Shaw Industries is the world’s largest manufacturer of tufted broadloom carpet. McLane Company is a wholesale distributor of groceries and nonfood items to convenience stores,wholesale clubs, mass merchandisers, quick service restaurants and others.

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