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For the exclusive use of J. SHEN
UV1117 Rev. Nov. 23, 2008
BERKSHIRE HATHAWAY INC.—INTERCORPORATE INVESTMENTS (A) Company Description
Based in Omaha, Nebraska, Berkshire Hathaway Inc. (BH) was a holding company that owned subsidiaries involved in many diverse businesses. The most important of those were property and casualty insurance businesses, although the company owned businesses in other industries as well.
Attachments
Exhibit1: Exhibit2: Exhibit 3:
Exhibit 4: Exhibit 5:
Exhibit 6:
Assignment
Consolidatedbalancesheetsfromthe2004annualreport Consolidatedstatementsofearningsfromthe2004annualreport
Excerpt from significant accounting policies and practices footnote from the 2004 annual report
Excerpt from footnote on investments in fixed maturity securities from the 2004 annual report
Footnote on investments in equity securities from the 2004 annual report; excerpt from footnote on investment gains and losses from the 2004 annual report
Footnote on investments in MidAmerican Energy Holdings Company from the 2004 annual report
Refer to the exhibits regarding intercorporate investments taken from BH’s 2004 annual report to answer the following questions.
1. What criteria does BH use to determine whether to consolidate its investments in
This case was prepared by Associate Professor Luann J. Lynch. It was written as a basis for class discussion rather than to illustrate effective or ineffective handling of an administrative situation. Copyright 2006 by the University of Virginia Darden School Foundation, Charlottesville, VA. All rights reserved. To order copies, send an e-mail to sales@dardenbusinesspublishing.com. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means—electronic, mechanical, photocopying, recording, or otherwise—without the permission of the Darden School Foundation. Rev. 11/08.
This document is authorized for use only by Jennifer Shen in
UV1117 Rev. Nov. 23, 2008
BERKSHIRE HATHAWAY INC.—INTERCORPORATE INVESTMENTS (A) Company Description
Based in Omaha, Nebraska, Berkshire Hathaway Inc. (BH) was a holding company that owned subsidiaries involved in many diverse businesses. The most important of those were property and casualty insurance businesses, although the company owned businesses in other industries as well.
Attachments
Exhibit1: Exhibit2: Exhibit 3:
Exhibit 4: Exhibit 5:
Exhibit 6:
Assignment
Consolidatedbalancesheetsfromthe2004annualreport Consolidatedstatementsofearningsfromthe2004annualreport
Excerpt from significant accounting policies and practices footnote from the 2004 annual report
Excerpt from footnote on investments in fixed maturity securities from the 2004 annual report
Footnote on investments in equity securities from the 2004 annual report; excerpt from footnote on investment gains and losses from the 2004 annual report
Footnote on investments in MidAmerican Energy Holdings Company from the 2004 annual report
Refer to the exhibits regarding intercorporate investments taken from BH’s 2004 annual report to answer the following questions.
1. What criteria does BH use to determine whether to consolidate its investments in
This case was prepared by Associate Professor Luann J. Lynch. It was written as a basis for class discussion rather than to illustrate effective or ineffective handling of an administrative situation. Copyright 2006 by the University of Virginia Darden School Foundation, Charlottesville, VA. All rights reserved. To order copies, send an e-mail to sales@dardenbusinesspublishing.com. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means—electronic, mechanical, photocopying, recording, or otherwise—without the permission of the Darden School Foundation. Rev. 11/08.
This document is authorized for use only by Jennifer Shen in