伯克希尔·哈撒韦Berkshire Hathaway (BRK-A) 2009年年度报告「NYSE」.pdf

1、BERKSHIREHATHAWAYINC.2009ANNUAL REPORTBusiness ActivitiesBerkshire Hathaway Inc.is a holding company owning subsidiaries that engage in a number of diversebusiness activities including property and casualty insurance and reinsurance,utilities and energy,freight railtransportation,finance,manufacturi

2、ng,services and retailing.Included in the group of subsidiaries thatunderwrite property and casualty insurance and reinsurance is GEICO,the third largest private passenger autoinsurer in the United States and two of the largest reinsurers in the world,General Re and the BerkshireHathaway Reinsurance

3、 Group.Other subsidiaries that underwrite property and casualty insurance includeNational Indemnity Company and affiliated insurance entities,Medical Protective Company,AppliedUnderwriters,U.S.Liability Insurance Company,Central States Indemnity Company,Kansas Bankers Surety,Cypress Insurance Compan

4、y,BoatU.S.and several other subsidiaries referred to as the“Homestate Companies.”MidAmerican Energy Holdings Company(“MidAmerican”)is an international energy holding companyowning a wide variety of operating companies engaged in the generation,transmission and distribution of energy.Among MidAmerica

5、ns operating energy companies are Northern Electric and Yorkshire Electricity;MidAmerican Energy Company;Pacific Power and Rocky Mountain Power;and Kern River Gas TransmissionCompany and Northern Natural Gas.In addition,MidAmerican owns HomeServices of America,a real estatebrokerage firm.Burlington

6、Northern Santa Fe Corporation(“BNSF”),acquired by Berkshire on February 12,2010,operates one of the largest railroad systems in North America.In serving the Midwest,Pacific Northwestand the Western,Southwestern and Southeastern regions and ports of the U.S.,BNSF transports a range ofproducts and com