DOCSLIB.ORG

Printmgr File

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Printmgr File BERKSHIRE HATHAWAY INC. 2012 ANNUAL REPORT Business Activities Berkshire Hathaway Inc. is a holding company owning subsidiaries that engage in a number of diverse business activities including insurance and reinsurance, freight rail transportation, utilities and energy, finance, manufacturing, services and retailing. Included in the group of subsidiaries that underwrite insurance and reinsurance is GEICO, the third largest private passenger auto insurer 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, Berkshire Hathaway Homestate Insurance Company, Medical Protective Company, Applied Underwriters, U.S. Liability Insurance Company, Central States Indemnity Company, Kansas Bankers Surety, Cypress Insurance Company, BoatU.S. and the Guard Insurance Group. Burlington Northern Santa Fe (“BNSF”) operates one of the largest railroad systems in North America. In serving the Midwest, Pacific Northwest and the Western, Southwestern and Southeastern regions and ports of the U.S., BNSF transports a range of products and commodities derived from manufacturing, agricultural and natural resource industries. 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. MidAmerican’s principal operating energy companies are: MidAmerican Energy Company, Pacific Energy, Pacific Power and Rocky Mountain Power, Northern Powergrid, and Kern River Gas Transmission Company and Northern Natural Gas. In addition, MidAmerican owns HomeServices of America, a real estate brokerage firm. Numerous business activities are conducted through Berkshire’s manufacturing services, retailing and finance subsidiaries. The Marmon Group is an international association of approximately 150 manufacturing and service businesses that operate independently within diverse business sectors. The Lubrizol Corporation is a specialty chemical company that produces and supplies chemical products for transportation, industrial and consumer markets. IMC International Metalworking Companies (Iscar) is an industry leader in the metal cutting tools business. McLane Company is a wholesale distributor of groceries and nonfood items to discount retailers, convenience stores, quick service restaurants and others. Berkshire’s finance and financial products businesses primarily engage in proprietary investing strategies, consumer lending (Clayton Homes) and transportation equipment and furniture leasing (XTRA and CORT). Shaw Industries is the world’s largest manufacturer of tufted broadloom carpet. Benjamin Moore is a formulator, manufacturer and retailer of architectural and industrial coatings. Johns Manville is a leading manufacturer of insulation and building products. Acme Brick is a manufacturer of face brick and concrete masonry products. MiTek Inc. produces steel connector products and engineering software for the building components market. Fruit of the Loom, Russell, Vanity Fair, Garan, Fechheimer, H.H. Brown Shoe Group, Justin Brands and Brooks Sports manufacture, license and distribute apparel and footwear under a variety of brand names. FlightSafety International provides training to aircraft operators. NetJets provides fractional ownership programs for general aviation aircraft. Nebraska Furniture Mart, R.C. Willey Home Furnishings, Star Furniture and Jordan’s Furniture are retailers of home furnishings. Borsheims, Helzberg Diamond Shops and Ben Bridge Jeweler are retailers of fine jewelry. In addition, other manufacturing, service and retail businesses include: The Buffalo News and BH Media Group (publisher of The Omaha World-Herald and 26 other daily newspapers); See’s Candies, a manufacturer and seller of boxed chocolates and other confectionery products; Scott Fetzer, a diversified manufacturer and distributor of commercial and industrial products; Larson-Juhl, a designer, manufacturer and distributor of high- quality picture framing products; CTB, a manufacturer of equipment for the livestock and agricultural industries; International Dairy Queen, a licensor and service provider to over 6,200 stores that offer prepared dairy treats and food; The Pampered Chef, the premier direct seller of kitchen tools in the U.S.; Forest River, a leading manufacturer of leisure vehicles in the U.S.; Business Wire, the leading global distributor of corporate news, multimedia and regulatory filings; TTI, Inc., a leading distributor of electronic components; Richline Group, a leading jewelry manufacturer; and Oriental Trading Company, a direct retailer of party supplies, school supplies and toys and novelties. Operating decisions for the various Berkshire businesses are made by managers of the business units. Investment decisions and all other capital allocation decisions are made for Berkshire and its subsidiaries by Warren E. Buffett, in consultation with Charles T. Munger. Mr. Buffett is Chairman and Mr. Munger is Vice Chairman of Berkshire’s Board of Directors. ************ BERKSHIRE HATHAWAY INC. 2012 ANNUAL REPORT TABLE OF CONTENTS Business Activities ....................................... Inside Front Cover Corporate Performance vs. the S&P 500 .................................. 2 Chairman’s Letter* ................................................... 3 Acquisition Criteria ................................................... 25 Management’s Report on Internal Control Over Financial Reporting ............ 25 Selected Financial Data for the Past Five Years ............................. 26 Report of Independent Registered Public Accounting Firm .................... 27 Consolidated Financial Statements ....................................... 28 Management’s Discussion .............................................. 65 Owner’s Manual ..................................................... 97 Corporate Performance vs. the S&P 500 by Five-Year Periods ................. 103 Intrinsic Value ....................................................... 104 Common Stock Data .................................................. 105 Operating Companies ................................................. 106 Real Estate Brokerage Businesses ........................................ 107 Daily Newspapers .................................................... 108 Directors and Officers of the Company ....................... Inside Back Cover *Copyright© 2013 By Warren E. Buffett All Rights Reserved Berkshire’s Corporate Performance vs. the S&P 500 Annual Percentage Change in Per-Share in S&P 500 Book Value of with Dividends Relative Berkshire Included Results Year (1) (2) (1)-(2) 1965 ........................................................ 23.8 10.0 13.8 1966 ........................................................ 20.3 (11.7) 32.0 1967 ........................................................ 11.0 30.9 (19.9) 1968 ........................................................ 19.0 11.0 8.0 1969 ........................................................ 16.2 (8.4) 24.6 1970 ........................................................ 12.0 3.9 8.1 1971 ........................................................ 16.4 14.6 1.8 1972 ........................................................ 21.7 18.9 2.8 1973 ........................................................ 4.7 (14.8) 19.5 1974 ........................................................ 5.5 (26.4) 31.9 1975 ........................................................ 21.9 37.2 (15.3) 1976 ........................................................ 59.3 23.6 35.7 1977 ........................................................ 31.9 (7.4) 39.3 1978 ........................................................ 24.0 6.4 17.6 1979 ........................................................ 35.7 18.2 17.5 1980 ........................................................ 19.3 32.3 (13.0) 1981 ........................................................ 31.4 (5.0) 36.4 1982 ........................................................ 40.0 21.4 18.6 1983 ........................................................ 32.3 22.4 9.9 1984 ........................................................ 13.6 6.1 7.5 1985 ........................................................ 48.2 31.6 16.6 1986 ........................................................ 26.1 18.6 7.5 1987 ........................................................ 19.5 5.1 14.4 1988 ........................................................ 20.1 16.6 3.5 1989 ........................................................ 44.4 31.7 12.7 1990 ........................................................ 7.4 (3.1) 10.5 1991 ........................................................ 39.6 30.5 9.1 1992 ........................................................ 20.3 7.6 12.7 1993 ........................................................ 14.3 10.1 4.2 1994 ........................................................ 13.9 1.3 12.6 1995 ........................................................ 43.1 37.6 5.5 1996 ........................................................ 31.8 23.0 8.8 1997 ........................................................ 34.1 33.4 0.7 1998 ........................................................ 48.3 28.6 19.7 1999 ........................................................ 0.5 21.0 (20.5) 2000 ........................................................ 6.5 (9.1)
Load more

Recommended publications
  • OSB Representative Participant List by Industry
    OSB Representative Participant List by Industry Aerospace • KAWASAKI • VOLVO • CATERPILLAR • ADVANCED COATING • KEDDEG COMPANY • XI'AN AIRCRAFT INDUSTRY • CHINA FAW GROUP TECHNOLOGIES GROUP • KOREAN AIRLINES • CHINA INTERNATIONAL Agriculture • AIRBUS MARINE CONTAINERS • L3 COMMUNICATIONS • AIRCELLE • AGRICOLA FORNACE • CHRYSLER • LOCKHEED MARTIN • ALLIANT TECHSYSTEMS • CARGILL • COMMERCIAL VEHICLE • M7 AEROSPACE GROUP • AVICHINA • E. RITTER & COMPANY • • MESSIER-BUGATTI- CONTINENTAL AIRLINES • BAE SYSTEMS • EXOPLAST DOWTY • CONTINENTAL • BE AEROSPACE • MITSUBISHI HEAVY • JOHN DEERE AUTOMOTIVE INDUSTRIES • • BELL HELICOPTER • MAUI PINEAPPLE CONTINENTAL • NASA COMPANY AUTOMOTIVE SYSTEMS • BOMBARDIER • • NGC INTEGRATED • USDA COOPER-STANDARD • CAE SYSTEMS AUTOMOTIVE Automotive • • CORNING • CESSNA AIRCRAFT NORTHROP GRUMMAN • AGCO • COMPANY • PRECISION CASTPARTS COSMA INDUSTRIAL DO • COBHAM CORP. • ALLIED SPECIALTY BRASIL • VEHICLES • CRP INDUSTRIES • COMAC RAYTHEON • AMSTED INDUSTRIES • • CUMMINS • DANAHER RAYTHEON E-SYSTEMS • ANHUI JIANGHUAI • • DAF TRUCKS • DASSAULT AVIATION RAYTHEON MISSLE AUTOMOBILE SYSTEMS COMPANY • • ARVINMERITOR DAIHATSU MOTOR • EATON • RAYTHEON NCS • • ASHOK LEYLAND DAIMLER • EMBRAER • RAYTHEON RMS • • ATC LOGISTICS & DALPHI METAL ESPANA • EUROPEAN AERONAUTIC • ROLLS-ROYCE DEFENCE AND SPACE ELECTRONICS • DANA HOLDING COMPANY • ROTORCRAFT • AUDI CORPORATION • FINMECCANICA ENTERPRISES • • AUTOZONE DANA INDÚSTRIAS • SAAB • FLIR SYSTEMS • • BAE SYSTEMS DELPHI • SMITH'S DETECTION • FUJI • • BECK/ARNLEY DENSO CORPORATION
    [Show full text]
  • Rocky Mountain Hss,E
    PAC-E 1 r_ i r i fl r\ r.'.-l t t-J ROCKY MOUNTAIN HSS,E#"* 1407 W. North Temple, Suite 330 Salt Lake City, Utah 841'16 May 19,2020 VA OVERNIGHT DELIWRY Idaho Public Utilities Commission I l33l W Chinden Blvd. Building 8 Suite 20lA Boise,ID 83714 Attention: Diane Hanian Commission Secretary Re: Annual Idaho Form 1 Report -2019 Rocky Mountain Power, a division of PacifiCorp, hereby submits for filing an original and seven (7) copies of the Idaho Public Utilities Commission Annual State Form 1 report for 2019. This is being provided with PacifiCorp's annual FERC Form 1. It is respectively requested that all formal correspondence and staffrequests regarding this matter be addressed to: By E-mail (preferred): datarequest@Pac ifi Corp.com By Fax: (503) 813-6060 By regular mail: Data Request Response Center PacifiCorp 825 NE Multnomah, Suite 2000 Portland, OR97232 Any informal inquiries may be directed to Ted Weston, Idaho Regulatory Manager at80l-220- 2963. Vice President, Regulation ANNUAL REPORT IDAHO SUPPLEMENT TO FERC FORM NO. 1 FOR MULTI-STATE ELECTRIC COMPANI ES INDEX Page Title Number 1 Statement of Operating lncome for the Year 2 Electric Operating Revenues 3 -o Electric Operation and Maintenance Expenses 7 Depreciation and Amortization of Electric Plant I Taxes, Other Than lncome Taxes 9 Non-Utility Property 10 Summary of Utility Plant and Accumulated Provisions I 1 -1 2 Electric Plant in Service 13 Materials and Supplies provided in this report is consistent with the unadjusted data reflected in the company's Results of perations in the ldaho general rate case, which will be filed with the ldaho Public Utilities Commission on June 1,2020.
    [Show full text]
  • Table 9 RECAPITULATION of PUBLIC UTILITY COMPANIES BY
    Table 9 RECAPITULATION OF PUBLIC UTILITY COMPANIES BY COUNTY Actual and Equalized Property Values for Calendar Year 2018 Real Property Personal Property Total Real and Personal Property County Actual Value Equalized Value Actual Value Equalized Value Actual Value Equalized Value Adams Aero Air LLC - - 5,913 5,913 5,913 5,913 AT&T Communications - - 2,844,920 2,844,920 2,844,920 2,844,920 AT&T Mobility LLC - - 3,413,147 3,413,147 3,413,147 3,413,147 Avista Corp - Gas 54,215 46,408 3,016,011 3,016,011 3,070,226 3,062,419 Avista Corporation - Electric 2,548,853 2,181,818 57,357,272 57,357,272 59,906,124 59,539,089 Big Bend Elec Coop Inc 1,694,466 1,450,462 10,552,693 10,552,693 12,247,159 12,003,156 BNSF Railway Company - Tax Dept 65,319,332 55,913,348 10,708,086 10,708,086 76,027,418 66,621,434 Cascade Natural Gas Corp 22,495 19,256 2,379,606 2,379,606 2,402,101 2,398,862 Cellco Partnership - - 3,409,858 3,409,858 3,409,858 3,409,858 Century Tel of WA, Inc (T141) 331,830 284,047 3,807,497 3,807,497 4,139,327 4,091,544 CenturyLink Communications - - 2,312,994 2,312,994 2,312,994 2,312,994 CenturyTel Service Group, LLC - - 935 935 935 935 Columbia Basin Railroad Co Inc 1,704,215 1,458,808 1,248,268 1,248,268 2,952,483 2,707,076 Federal Express Corp - - 1,260 1,260 1,260 1,260 GATX Corporation - - 14,342,358 14,342,358 14,342,358 14,342,358 Inland Cellular LLC 479,495 410,448 599,243 599,243 1,078,739 1,009,691 Inland Power & Light Co - - 501,404 501,404 501,404 501,404 Noel Communications Inc - - 92,582 92,582 92,582 92,582 Northwest Pipeline
    [Show full text]
  • WE “NOTICE” OUR BUYERS and Affiliated Business Arrangement Disclosure Statement
    PUT 80 YEARS OF EXPERIENCE TO WORK FOR YOU LongRealty.com WE “NOTICE” OUR BUYERS And Affiliated Business Arrangement Disclosure Statement RECOMMENDATION FOR INSPECTIONS Attached is Long Realty’s disclosure booklet entitled, We “Notice” Our Buyers, as a special service to you. Long Realty urges you to read all the information contained in this booklet and to conduct all property inspections during your property inspection period that you believe are necessary to make an informed decision to buy. While this is not meant to serve as a comprehen- sive list, Long Realty urges you to conduct such inspections as the following: • Polybutylene Plumbing in homes built between 1978 and 1995. • Mold or conditions leading to mold. • Your personal eligibility and that of the property to obtain a home owner’s insurance policy. • Environmental factors like radon, asbestos, lead based paint or pet odors. • Soil conditions that may lead to foundation cracks or settlement. • Crime statistics or sex offenders residing in the area. • Property lines, encroachments, building permits and applicable easements. • Square footage of the home and the condition of a pool or spa. • Roof condition and evidence of water penetration into the property. Long Realty Company and its sales associates do not have expertise as environmental or home inspectors and cannot give you advice on these items. Failure to conduct important inspections prior to the close of escrow may prove costly to you if you discover problems with the home after you purchase it. Please read material and act to get the facts you need in order to make a sound purchase.
    [Show full text]
  • The Competitive Advantages of Buffett & Munger Businesses by Bud
    Moats The Competitive Advantages Of Buffett & Munger Businesses By Bud Labitan Copyright © 2011 All rights reserved. Printed in the United States of America. No part of this book may be used or reproduced in any manner without permission. Chapters 1-5 / 70 Abridged version. A truly great business must have an enduring “moat” that protects excellent returns on invested capital. ~ Warren Buffett How do you compete against a true fanatic? You can only try to build the best possible moat and continuously attempt to widen it. ~ Charlie Munger Here is a 5 chapter preview of the new book called Moats. From: Bud Labitan and the Moats research team http://www.frips.com/book.htm Table of Contents INTRODUCTION CHAPTER 1: ACME BRICK COMPANY CHAPTER 2: AMERICAN EXPRESS CO. (AXP) CHAPTER 3: APPLIED UNDERWRITERS CHAPTER 4: BEN BRIDGE JEWELER CHAPTER 5: BENJAMIN MOORE & CO. CHAPTER 6: BERKSHIRE HATHAWAY GROUP CHAPTER 7: BERKSHIRE HATHAWAY HOMESTATE COMPANIES CHAPTER 8: BOATU.S. CHAPTER 9: BORSHEIMS FINE JEWELRY CHAPTER 10: BUFFALO NEWS CHAPTER 11: BURLINGTON NORTHERN SANTA FE CORP. CHAPTER 12: BUSINESS WIRE CHAPTER 13: BYD CHAPTER 14: CENTRAL STATES INDEMNITY COMPANY CHAPTER 15: CLAYTON HOMES CHAPTER 16: COCA COLA (KO) CHAPTER 17: CONOCOPHILLIPS (COP) CHAPTER 18: CORT BUSINESS SERVICES CHAPTER 19: COSTCO WHOLESALE (COST) CHAPTER 20: CTB INC. CHAPTER 21: FECHHEIMER BROTHERS COMPANY CHAPTER 22: FLIGHTSAFETY CHAPTER 23: FOREST RIVER CHAPTER 24: FRUIT OF THE LOOM® CHAPTER 25: GARAN INCORPORATED CHAPTER 26: GATEWAY UNDERWRITERS AGENCY CHAPTER 27: GEICO AUTO INSURANCE CHAPTER 28: GENERAL RE CHAPTER 29: H.H. BROWN SHOE GROUP CHAPTER 30: HELZBERG DIAMONDS CHAPTER 31: HOMESERVICES OF AMERICA CHAPTER 32: IBM CHAPTER 33: INTERNATIONAL DAIRY QUEEN, INC.
    [Show full text]
  • DRINKDRINK Clean Water • Drinking Water • Strong Communities
    CLEAN WATER • DRINKING WATER • STRONG COMMUNITIES WATERKEEPER WATERKEEPER® 100% PCR Paper 5, Number Volume 1 DRINKDRINK DRINK Summer Summer 2008 Summer 2008 $5.95 Cerrella Loaded with trashy features like post-consumer recycled PET canvas upper and recycled rubber outsoles. Look good, feel good, in Curbside. ©2008 TEVA TEVA.COM WATERKEEPER Volume 5 Number 1, Summer 2008 41 44 16 in every issue Cover Feature 6 Letter from the Chairman: 28 Robert F. Kennedy, Jr. Protect the Source Despite treatment to clean water before it reaches your home, what 22 The Movement happens in your waterway impacts what makes it into your glass. Featuring Russian Waterkeepers 30 Contamination in the Coalfields 34 The Long Road to Protecting our Water Supply 64 On the Water 38 Nitrate Contamination in California 66 All Hands on Deck: 39 Threat to Birmingham Water Supply Take Action! 40 Source Water Protection, Not Filtration 41 Upper Neuse Basin Clean Water Initiative 43 Clean Drinking Water from the Hackensack River 44 Silent Spring of the 21st Century? Pharmaceuticals in Our Water 47 Water, Water, Everywhere... 51 Orange County Toasts Domestic over Imports 53 Safe Drinking Water for All 57 The Way Forward: Blue Covenant 58 Water for Life, Water for All 60 Call to Action: Every Drop Counts 66 news and entertainment 12 Splashback 14 Ripples 20 VICTORY: Ecological Marvel Protected 22 62 Ganymede: The Waterkeeper 4 Waterkeeper Magazine Summer 2008 www.waterkeeper.org We all need clean water to survive. Be brave. Join me, my father and all our John Paul Mitchell Systems family to help protect our world, our waterways, our people and every living creature.
    [Show full text]
  • BRK AGM 2016.Pub
    May 2016 Berkshire Hathaway 2016 AGM Omaha, Nebraska Extraordinary Management, The Internet and Energy I had the privilege of travelling for the fourth time to the 2016 Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska last week. The 2015 event was the 50th anniversary of the Warren Buffett / Charlie Munger “Profitable Partnership” at Berkshire Hathaway and the crowd at an estimated 44,000 was out of control. So this year the company invited Yahoo Finance to live-stream the meeting for the first time. Despite this, there was still a great sense of adventure and celebration at the meeting… without the unnecessary large crowds. We’d all come too far to miss out on a good seat, so the day started at 4 a.m. Standing second from the front of the line with friends and like minded investors from Australia, and out of the rain, we were ready for the doors to open. When they did and the chaos subsided, we’d managed to get front row seats, and we knew we were set for another great day! The live-stream, I’m guessing, would have reached out to millions of supporters, shareholders and students, eager to learn from two of the world’s greatest investors, Warren Buffet (WB) now 85 and Charlie Munger (CM), an amazing 92 years of age. WB: “We arranged the online version so more shareholders could see Charlie and I at work and so business owners in other countries could become more familiar with Berkshire”. Despite the live-stream, the format remained the same: three hours of questions, a one hour break and then another three hours of questions, followed by the AGM.
    [Show full text]
  • 2019 SEC Form 10-K (PDF File)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14905 BERKSHIRE HATHAWAY INC. (Exact name of Registrant as specified in its charter) Delaware 47-0813844 State or other jurisdiction of (I.R.S. Employer incorporation or organization Identification No.) 3555 Farnam Street, Omaha, Nebraska 68131 (Address of principal executive office) (Zip Code) Registrant’s telephone number, including area code (402) 346-1400 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbols Name of each exchange on which registered Class A Common Stock BRK.A New York Stock Exchange Class B Common Stock BRK.B New York Stock Exchange 0.750% Senior Notes due 2023 BRK23 New York Stock Exchange 1.125% Senior Notes due 2027 BRK27 New York Stock Exchange 1.625% Senior Notes due 2035 BRK35 New York Stock Exchange 0.500% Senior Notes due 2020 BRK20 New York Stock Exchange 1.300% Senior Notes due 2024 BRK24 New York Stock Exchange 2.150% Senior Notes due 2028 BRK28 New York Stock Exchange 0.250% Senior Notes due 2021 BRK21 New York Stock Exchange 0.625% Senior Notes due 2023 BRK23A New York Stock Exchange 2.375% Senior Notes due 2039 BRK39 New York Stock Exchange 2.625% Senior Notes due 2059 BRK59 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: NONE Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
    [Show full text]
  • Berkshire Hathaway Annual Report 2020
    Berkshire Hathaway Annual Report 2020 Form 10-K (NYSE:BRK.B) Published: February 24th, 2020 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14905 BERKSHIRE HATHAWAY INC. (Exact name of Registrant as specified in its charter) Delaware 47-0813844 State or other jurisdiction of (I.R.S. Employer incorporation or organization Identification No.) 3555 Farnam Street, Omaha, Nebraska 68131 (Address of principal executive office) (Zip Code) Registrant’s telephone number, including area code (402) 346-1400 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbols Name of each exchange on which registered Class A Common Stock BRK.A New York Stock Exchange Class B Common Stock BRK.B New York Stock Exchange 0.750% Senior Notes due 2023 BRK23 New York Stock Exchange 1.125% Senior Notes due 2027 BRK27 New York Stock Exchange 1.625% Senior Notes due 2035 BRK35 New York Stock Exchange 0.500% Senior Notes due 2020 BRK20 New York Stock Exchange 1.300% Senior Notes due 2024 BRK24 New York Stock Exchange 2.150% Senior Notes due 2028 BRK28 New York Stock Exchange 0.250% Senior Notes due 2021 BRK21 New York Stock Exchange 0.625% Senior Notes due 2023 BRK23A New York Stock Exchange 2.375% Senior Notes due 2039 BRK39 New York Stock Exchange 2.625% Senior Notes due 2059 BRK59 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: NONE Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
    [Show full text]
  • Pick Stocks Like Warren Buffett.Pdf
    CCC-Boroson FM (i-x) 8/28/01 1:25 PM Page i J.K. LASSER’S™ PICK STOCKS LIKE WARREN BUFFETT CCC-Boroson FM (i-x) 8/28/01 1:25 PM Page ii Look for these and other titles from J.K. Lasser™—Practical Guides for All Your Financial Needs J.K. Lasser’s Pick Winning Stocks by Edward F. Mrkvicka, Jr. J.K. Lasser’s Invest Online by Laura Maery Gold and Dan Post J.K. Lasser’s Year-Round Tax Strategies by David S. DeJong and Ann Gray Jakabcin J.K. Lasser’s Taxes Made Easy for Your Home-Based Business by Gary W. Carter J.K. Lasser’s Pick Winning Mutual Funds by Jerry Tweddell with Jack Pierce J.K. Lasser’s Your Winning Retirement Plan by Henry K. Hebeler J.K. Lasser’s Winning with Your 401(k) by Grace Weinstein J.K. Lasser’s Winning with Your 403(b) by Pam Horowitz J.K. Lasser’s Strategic Investing After 40 by Julie Jason J.K. Lasser’s Winning Financial Strategies for Women by Rhonda Ecker and Denise Gustin-Piazza J.K. Lasser’s Pick Stocks Like Warren Buffett by Warren Boroson CCC-Boroson FM (i-x) 8/28/01 1:25 PM Page iii J.K. LASSER’S™ PICK STOCKS LIKE WARREN BUFFETT Warren Boroson John Wiley & Sons, Inc. New York • Chichester • Weinheim • Brisbane • Singapore • Toronto fcopyebk.qxd 10/10/01 5:00 PM Page iv Copyright © 2001 by Warren Boroson. All rights reserved. Published by John Wiley & Sons, Inc. Quotations from Philip Fisher are from Common Stocks and Uncommon Profits, by Philip A.
    [Show full text]
  • Federal Register/Vol. 81, No. 122/Friday, June 24
    Federal Register / Vol. 81, No. 122 / Friday, June 24, 2016 / Notices 41303 Applications and Enforcement) 101 FlightSafety International Inc. (12 U.S.C. 1843). Unless otherwise Market Street, San Francisco, California Retirement Income Plan, Fruit of the noted, nonbanking activities will be 94105–1579: Loom Pension Trust, GEICO Corporation conducted throughout the United States. 1. Berkshire Hathaway Inc., and its Pension Plan Trust, Johns Manville Unless otherwise noted, comments subsidiary National Indemnity Corporation Master Pension Trust, regarding each of these applications Company, together with National Fire & Justin Brands Inc. Union Pension Plan must be received at the Reserve Bank Marine Insurance Company, Columbia & Justin Brands Inc. Pension Plan & indicated or the offices of the Board of Insurance Company, National Liability Trust, Acme Brick Company Pension Governors not later than July 22, 2016. & Fire Insurance Company, Cypress Trust and Scott Fetzer Company A. Federal Reserve Bank of Atlanta Insurance Company, National Collective Investment Trust, all in (Chapelle Davis, Assistant Vice Indemnity Company of the South, Omaha, Nebraska; Warren Buffett, President), 1000 Peachtree Street NE., Redwood Fire and Casualty Company, Omaha, Nebraska; Charles Munger, Los Atlanta, Georgia 30309. Comments can Government Employees Insurance Angeles, California; and certain also be sent electronically to Company, General Reinsurance immediate family members of Warren [email protected]: Corporation, General Re Life Buffett and Charles Munger, to retain 1. Peach State Bancshares, Inc., to Corporation, General Star Indemnity and acquire additional voting shares of become a bank holding company by Company, Mount Vernon Fire Insurance Wells Fargo & Company, San Francisco, acquiring 100 percent of the voting Company, U.S.
    [Show full text]
  • Unione Italiana Reinsurance Company of America, Inc
    REPORT ON EXAMINATION OF THE UNIONE ITALIANA REINSURANCE COMPANY OF AMERICA, INC. AS OF DECEMBER 31, 2009 DATE OF REPORT FEBRUARY 8, 2011 EXAMINER RYAN HAVICK TABLE OF CONTENTS ITEM NO. PAGE NO. 1. Scope of examination 2 2. Description of Company 3 A. Management 3 B. Territory and plan of operation 5 C. Reinsurance 6 D. Holding company system 6 E. Significant operating ratios 8 F. Accounts and records 8 G. Risk management and internal controls 9 3. Financial statements 10 A. Balance sheet 10 B. Underwriting and investment exhibit 12 4. Losses and loss adjustment expenses 13 5. Compliance with prior report on examination 14 6. Summary of comments and recommendations 16 Appendix A STATE OF NEW YORK INSURANCE DEPARTMENT 25 BEAVER STREET NEW YORK, NEW YORK 10004 February 9, 2011 Honorable James J. Wrynn Superintendent of Insurance Albany, New York 12257 Sir: Pursuant to the requirements of the New York Insurance Law, and in compliance with the instructions contained in Appointment Number 30525 dated May 18, 2010 attached hereto, I have made an examination into the condition and affairs of Unione Italiana Reinsurance Company of America, Inc. as of December 31, 2009, and submit the following report thereon. Wherever the designations “the Company” or “UIRCA” appears herein without qualifications, they should be understood to indicate Unione Italiana Reinsurance Company of America, Inc. Wherever the term “Department” appears herein without qualification, it should be understood to mean the New York Insurance Department. The examination was conducted at the Company’s main administrative office located at 3024 Harney Street, Omaha, Nebraska 68131.
    [Show full text]