BERKSHIRE HATHAWAY INC.

Selected Financial Data for the Past Five Years
(dollars in millions, except per share data)


2001

2000

1999

1998

1997

Revenues:

                   
   Insurance premiums earned $17,905    $19,343   $14,306   $ 5,481   $ 4,761  
   Sales and service revenues 14,902    7,361   5,918   4,675   3,615  
   Interest, dividend and other investment income 2,930    2,791   2,314   1,049   916  
   Income from finance and financial products
     businesses
568    556   125   212   32  

   Realized investment gain (1)

   1,363 

   3,955

   1,365

   2,415

   1,106

   Total revenues

$37,668 
====== 
  $34,006
======

$24,028
======

$13,832
======

$10,430
======

 

Earnings:

                   
     Before realized investment gain

$  (47)

(4)

$    936

 

$    671

 

$ 1,277

 

$ 1,197

 
     Realized investment gain (1)

   842 

   2,392

     886

   1,553

     704

     Net earnings

$ 795 
==== 

 

$ 3,328
=====

 

$ 1,557
=====

 

$ 2,830
=====

 

$ 1,901
=====

 
 

Earnings per share:

                   
     Before realized investment gain

$  (30)

(4)

$    614

 

$    442

 

$ 1,021

 

$    971

 
     Realized investment gain (1)

  551 

   1,571

     583

   1,241

     571

     Net earnings

$ 521 
====

 

$ 2,185
=====

 

$ 1,025
=====

 

$ 2,262
=====

 

$ 1,542
=====

 
 

Year-end data (2):

                   
     Total assets

$162,752 

 

$135,792

 

$131,416

 

$122,237

 

$56,111

 
     Borrowings under investment agreements
       and other debt (3)

3,485 

 

2,663

 

2,465

 

2,385

 

2,267

 
     Shareholders’ equity

57,950 

 

61,724

 

57,761

 

57,403

 

31,455

 
     Class A equivalent common shares
       outstanding, in thousands

1,528 

 

1,526

 

1,521

 

1,519

 

1,234

 
     Shareholders' equity per outstanding  
       Class A equivalent share

$ 37,920 
====== 

 

$ 40,442
======

 

$ 37,987
======

 

$ 37,801
======

 

$25,488
======

 

_________________

(1)      The amount of realized investment gain/loss for any given period has no predictive value, and variations in amount from period to period have no practical analytical value, particularly in view of the unrealized appreciation now existing in Berkshire's consolidated investment portfolio.

(2)      Year-end data for 1998 includes General Re Corporation acquired by Berkshire on December 21, 1998.

(3)      Excludes borrowings of finance businesses.

(4)      Includes pre-tax underwriting loss of $2.4 billion in connection with the September 11, 2001 terrorist attack. Such loss reduced net earnings by approximately $1.5 billion and earnings per share by $982.