BRK-A FY 2008 Earnings Report — Berkshire Hathaway Inc. Revenue & Financial Results | Market Cap Arena

Berkshire Hathaway Inc.BRK-A

FY 2008 Earnings

Reported March 2, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2008	Prior Q	FY 2007	QoQ Change	YoY Change
Revenue	$116.4B	—	$118.3B	—	-1.6%
Op. Income	$7.6B	—	$20.2B	—	-62.4%
Gross Margin	33.9%	—	35.9%	—	-2.0pp
Net Margin	4.3%	—	11.2%	—	-6.9pp
EPS (Diluted)	$3225.00	—	$8550.00	—	-62.3%
Free Cash Flow	$5.1B	—	$7.2B	—	-28.7%

Revenue Flow

Item	Amount
REVENUE	$116.4B
Cost of Revenue	$76.9B
GROSS PROFIT	$39.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$8.1B
SG&A Expenses	$8.1B
Other Expenses	$23.9B
Operating Expenses	$31.9B
Cost & Expenses	$108.8B
OPERATING INCOME	$7.6B
Interest Income	$6.8B
Interest Expense	$2.0B
Other Income/Expenses	$0
INCOME BEFORE TAX	$7.6B
Income Tax Expense	$2.0B
Net Income from Continuing Ops	$5.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$5.0B
D&A	$2.8B
EBIT	$9.5B
EBITDA	$12.3B
EPS	$3.2K
EPS Diluted	$3.2K

Income Statement

Item	Amount
REVENUE	$116.4B
Cost of Revenue	$76.9B
GROSS PROFIT	$39.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$8.1B
SG&A Expenses	$8.1B
Other Expenses	$23.9B
Operating Expenses	$31.9B
Cost & Expenses	$108.8B
OPERATING INCOME	$7.6B
Interest Income	$6.8B
Interest Expense	$2.0B
Other Income/Expenses	$0
INCOME BEFORE TAX	$7.6B
Income Tax Expense	$2.0B
Net Income from Continuing Ops	$5.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$5.0B
D&A	$2.8B
EBIT	$9.5B
EBITDA	$12.3B
EPS	$3.2K
EPS Diluted	$3.2K

Cash Flow Statement

Item	Amount
Net Income	$5.0B
Depreciation & Amortization	$2.8B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$6M
Change in Working Capital	$3.5B
OPERATING CASH FLOW	$11.3B
Capital Expenditure	-$6.1B
Acquisitions (Net)	-$6.0B
Purchases of Investments	-$60.2B
Sales/Maturities of Investments	$40.2B
Other Investing Activities	$143M
NET CASH FROM INVESTING	-$32.1B
Net Debt Issuance	$2.4B
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$132M
NET CASH FROM FINANCING	$2.3B
FREE CASH FLOW	$5.1B
Net Change in Cash	-$18.8B

Balance Sheet

Item	Amount
Cash & Equivalents	$25.5B
Short-Term Investments	$0
Net Receivables	$28.9B
Inventory	$7.5B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$61.9B
PP&E (Net)	$45.2B
Goodwill	$0
Intangible Assets	$33.8B
Long-Term Investments	$80.7B
Tax Assets	$0
Other Non-Current Assets	$45.9B
TOTAL NON-CURRENT ASSETS	$205.5B
TOTAL ASSETS	$267.4B
Account Payables	$20.7B
Short-Term Debt	$3.9B
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$24.6B
Long-Term Debt	$33.0B
Deferred Revenue NC	$7.9B
Deferred Tax Liabilities	$10.3B
Other Non-Current Liabilities	$78.1B
TOTAL NON-CURRENT LIABILITIES	$129.2B
TOTAL LIABILITIES	$153.8B
Common Stock	$8M
Additional Paid-In Capital	$27.1B
Retained Earnings	$78.2B
Treasury Stock	$0
Accum. Other Comp. Income	$4.0B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$109.3B
Minority Interest	$4.3B
TOTAL EQUITY	$113.6B
TOTAL LIABILITIES & EQUITY	$267.4B
Total Debt	$36.9B
Net Debt	$11.3B