Berkshire Hathaway 2006 Annual Report Download - page 49

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48
Notes to Consolidated Financial Statements (Continued)
(20) Business segment data
Other businesses not specifically identified with reportable business segments consist of a large, diverse group of
manufacturing, service and retailing businesses.
Manufacturing Acme Building Brands, Benjamin Moore, H.H. Brown Shoe
Group, CTB, Fechheimer Brothers, Forest River, Fruit of the
Loom, Garan, ISCAR, Johns Manville, Justin Brands, Larson-Juhl,
MiTek, Russell and Scott Fetzer
Service Buffalo News, Business Wire, FlightSafety, International Dairy
Queen, Pampered Chef and NetJets
Retailing Ben Bridge Jeweler, Borsheim’ s, Helzberg Diamond Shops,
Jordan’ s Furniture, Nebraska Furniture Mart, See’ s, Star Furniture
and R.C. Willey
A disaggregation of Berkshire’ s consolidated data for each of the three most recent years is presented in the tables which follow
on this and the following page. Amounts are in millions.
Earnings (loss) before taxes
Operating Businesses: Revenues and minority interests
Insurance group: 2006 2005 2004 2006 2005 2004
Premiums earned:
GEICO .......................................................................
.
$11,055 $10,101 $ 8,915 $ 1,314 $ 1,221 $ 970
General Re .................................................................
.
6,075 6,435 7,245 526 (334) 3
Berkshire Hathaway Reinsurance Group ...................
.
4,976 3,963 3,714 1,658 (1,069) 417
Berkshire Hathaway Primary Group..........................
.
1,858 1,498 1,211 340 235 161
Investment income ........................................................
.
4,347 3,501 2,842 4,316 3,480 2,824
Total insurance group.......................................................
.
28,311 25,498 23,927 8,154 3,533 4,375
Finance and financial products *......................................
.
5,124 4,559 3,774 1,157 822 584
McLane Company ............................................................
.
25,693 24,074 23,373 229 217 228
MidAmerican ...................................................................
.
10,644 — — 1,476 — —
Shaw Industries ................................................................
.
5,834 5,723 5,174 594 485 466
Other businesses...............................................................
.
21,133 17,099 15,595 2,703 1,921 1,787
96,739 76,953 71,843 14,313 6,978 7,440
Reconciliation of segments to consolidated amount:
Investment and derivative gains/losses * ......................
.
2,635 5,494 3,496 2,635 5,494 3,489
Equity in earnings of MidAmerican..............................
.
— — — — 523 237
Interest expense, not allocated to segments...................
.
— — — (76) (72) (92)
Eliminations and other ..................................................
.
(835) (784) (957) (94) (132) (138)
$98,539 $81,663 $74,382 $16,778 $12,791 $10,936
* Investment and derivative gains/losses exclude derivative losses of GRS of $86 million and $25 million in 2005 and 2004,
respectively. The GRS derivative losses have been included in the results of the finance and financial products segment.
Depreciation
Capital expenditures * of tangible assets
Operating Businesses: 2006 2005 2004 2006 2005 2004
Insurance group........................................................................... $ 65 $ 60 $ 52 $ 64 $ 62 $ 52
Finance and financial products.................................................... 334 354 373 230 221 213
McLane Company....................................................................... 193 125 136 94 96 107
MidAmerican .............................................................................. 2,423 — — 949 — —
Shaw Industries........................................................................... 189 209 125 134 113 99
Other businesses.......................................................................... 1,367 1,447 592 595 490 470
$4,571 $2,195 $1,278 $2,066 $ 982 $ 941
* Excludes capital expenditures which were part of business acquisitions.