Berkshire Hathaway 2005 Annual Report Download - page 27

Download and view the complete annual report

Please find page 27 of the 2005 Berkshire Hathaway annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 82

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82

26
BERKSHIRE HATHAWAY INC.
and Subsidiaries
CONSOLIDATED BALANCE SHEETS
(dollars in millions)
Pro Forma * December 31,
2005 2005 2004
ASSETS (unaudited) (audited)
Insurance and Other:
Cash and cash e
q
uivalents.............................................................. $ 40,471 $ 40,471 $ 40,020
Invest
m
ents:
Fixed maturit
y
securities............................................................. 27,420 27,420 22,846
E
q
uit
y
securities ......................................................................... 46,721 46,721 37,717
Othe
r
........................................................................................... 1,003 1,003 2,346
Receivables .................................................................................... 12,372 12,397 11,291
Inventories...................................................................................... 4,143 4,143 3,842
Pro
p
ert
y
,
p
lant and e
q
ui
p
men
t
........................................................ 7,500 7,500 6,516
Goodwill......................................................................................... 22,693 22,693 22,101
Deferred char
g
es reinsurance assumed .......................................... 2,388 2,388 2,727
Othe
r
............................................................................................... 4,937 4,937 4,508
169,648 169,673 153,914
Utilities and Ener
gy
:
Cash and cash e
q
uivalents.............................................................. 358
—
—
Pro
p
ert
y
,
p
lant and e
q
ui
p
men
t
........................................................ 11,915
—
—
Receivables .................................................................................... 803
—
—
Goodwill......................................................................................... 4,156
—
—
Othe
r
............................................................................................... 2,961
—
—
Investments in MidAmerican Ener
gy
Holdin
g
s Com
p
an
y
.............
—
4,125 3,967
20,193 4,125 3,967
F
inance and Financial Products:
Cash and cash e
q
uivalents.............................................................. 4,189 4,189 3,407
Investments in fixed maturit
y
securities......................................... 3,435 3,435 8,459
Loans and finance receivables........................................................ 11,087 11,087 9,175
Derivative contract assets............................................................... 801 801 4,234
Funds
p
rovided as collateral........................................................... 487 487 1,649
Goodwill......................................................................................... 951 951 911
Othe
r
............................................................................................... 3,577 3,577 3,158
24,527 24,527 30,993
$214,368 $198,325 $188,874
* The Pro Forma Balance Sheet gives effect to the conversion on February 9, 2006 of MidAmerican Energy
Holdings Company (“MidAmerican”) non-voting cumulative convertible preferred stock into MidAmerican
voting common stock as if such conversion had occurred on December 31, 2005. See Note 2 to the
Consolidated Financial Statements for additional information.
See accompanying Notes to Consolidated Financial Statements