Berkshire Hathaway 2009 Annual Report Download - page 26

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BERKSHIRE HATHAWAY INC.
and Subsidiaries
CONSOLIDATED BALANCE SHEETS
(dollars in millions)
December 31,
2009 2008
ASSETS
Insurance and Other:
Cash and cash equivalents ............................................................................ $ 27,917 $ 24,302
Investments:
Fixed maturity securities ......................................................................... 32,523 27,115
Equity securities ................................................................................ 56,562 49,073
Other ......................................................................................... 28,980 18,419
Receivables ........................................................................................ 14,792 14,925
Inventories ........................................................................................ 6,147 7,500
Property, plant and equipment ......................................................................... 15,720 16,703
Goodwill .......................................................................................... 27,614 27,477
Other ............................................................................................. 13,070 13,257
223,325 198,771
Utilities and Energy:
Cash and cash equivalents ............................................................................ 429 280
Property, plant and equipment ......................................................................... 30,936 28,454
Goodwill .......................................................................................... 5,334 5,280
Other ............................................................................................. 8,072 7,556
44,771 41,570
Finance and Financial Products:
Cash and cash equivalents ............................................................................ 2,212 957
Investments in fixed maturity securities .................................................................. 4,608 4,517
Other investments ................................................................................... 3,620 3,116
Loans and finance receivables ......................................................................... 13,989 13,942
Goodwill .......................................................................................... 1,024 1,024
Other ............................................................................................. 3,570 3,502
29,023 27,058
$297,119 $267,399
LIABILITIES AND SHAREHOLDERS’ EQUITY
Insurance and Other:
Losses and loss adjustment expenses .................................................................... $ 59,416 $ 56,620
Unearned premiums ................................................................................. 7,925 7,861
Life and health insurance benefits ...................................................................... 3,802 3,619
Accounts payable, accruals and other liabilities ........................................................... 15,379 14,987
Notes payable and other borrowings .................................................................... 3,719 4,349
90,241 87,436
Utilities and Energy:
Accounts payable, accruals and other liabilities ........................................................... 5,895 6,175
Notes payable and other borrowings .................................................................... 19,579 19,145
25,474 25,320
Finance and Financial Products:
Accounts payable, accruals and other liabilities ........................................................... 2,514 2,656
Derivative contract liabilities .......................................................................... 9,269 14,612
Notes payable and other borrowings .................................................................... 14,611 13,388
26,394 30,656
Income taxes, principally deferred .......................................................................... 19,225 10,280
Total liabilities ............................................................................. 161,334 153,692
Shareholders’ equity:
Common stock ..................................................................................... 8 8
Capital in excess of par value .......................................................................... 27,074 27,133
Accumulated other comprehensive income ............................................................... 17,793 3,954
Retained earnings ................................................................................... 86,227 78,172
Berkshire Hathaway shareholders’ equity ........................................................ 131,102 109,267
Noncontrolling interests .............................................................................. 4,683 4,440
Total shareholders’ equity .................................................................... 135,785 113,707
$297,119 $267,399
See accompanying Notes to Consolidated Financial Statements
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