Berkshire Hathaway Says Q2 Net Earnings Attributable To Berkshire Shareholders $12,370 Million

Aug 2 (Reuters) - Berkshire Hathaway Inc BRKa.N:

• . NEWS RELEASE

• BERKSHIRE HATHAWAY - Q2 NET EARNINGS ATTRIBUTABLE TO BERKSHIRE SHAREHOLDERS $12,370 MILLION VERSUS YEAR-EARLIER $30,348 MILLION EARNINGS

• BERKSHIRE HATHAWAY - Q2 NET EARNINGS PER AVERAGE EQUIVALENT CLASS A SHARE $8,601

• BERKSHIRE HATHAWAY - Q2 NET GAIN FROM INVESTMENTS $4,970 MILLION VERSUS YEAR-EARLIER $18,750 MILLION GAIN

• BERKSHIRE SAYS IT HAD $344.1 BILLION OF CASH AND EQUIVALENTS AS OF JUNE 30

• BERKSHIRE WAS A NET SELLER OF STOCKS FOR AN 11TH STRAIGHT QUARTER

• Q2 EARNINGS PER SHARE VIEW $7519.24 -- LSEG IBES DATA

• BERKSHIRE HATHAWAY - CONDUCTED NO STOCK BUYBACKS IN Q2

• BRKA.N -- INSURANCE FLOAT WAS APPROXIMATELY $174 BILLION AS OF JUNE 30

• BRKA.N - THE FAIR VALUE OF OUR FIVE LARGEST HOLDINGS AT JUNE 30, 2025 REPRESENTED 67%

• BERKSHIRE HATHAWAY - FIVE LARGEST HOLDINGS AT JUNE 30, 2025 WERE AMERICAN EXPRESS, APPLE, BANK OF AMERICA, COCA-COLA AND CHEVRON

• BERKSHIRE HATHAWAY - IN Q2 WE RECORDED A PRE-TAX IMPAIRMENT LOSS OF ABOUT $5 BILLION AS A COMPONENT OF OUR EQUITY IN THE EARNINGS OF KRAFT HEINZ

• BERKSHIRE HATHAWAY - BEGINNING WITH Q2 2025, RECOGNIZING THE EQUITY METHOD EFFECTS ATTRIBUTABLE TO INVESTMENT IN KRAFT HEINZ ON A ONE-QUARTER LAG

• BERKSHIRE HATHAWAY - CARRYING VALUE OF INVESTMENT IN KRAFT HEINZ AT JUNE 30 WAS LESS THAN OUR PROPORTIONATE SHARE OF KRAFT HEINZ SHAREHOLDERS’ EQUITY

• BERKSHIRE HATHAWAY - AS OF JUNE 30 OUR INVESTMENT IN OCCIDENTAL PREFERRED STOCK HAD AN AGGREGATE LIQUIDATION VALUE OF ABOUT $8.5 BILLION

• BERKSHIRE HATHAWAY - CONCLUDED THE RECOGNITION OF AN IMPAIRMENT CHARGE IN EARNINGS FOR OCCIDENTAL WAS NOT REQUIRED AS OF JUNE 30, 2025

• BERKSHIRE HATHAWAY - CARRYING VALUE IN OCCIDENTAL COMMON STOCK AS OF JUNE 30 EXCEEDED OUR SHARE OF OCCIDENTAL COMMON SHAREHOLDERS’ EQUITY AS OF MARCH 31 BY ABOUT $9 BILLION

• BERKSHIRE HATHAWAY - OCCIDENTAL GENERATED LOWER EQUITY METHOD EARNINGS IN THE FIRST SIX MONTHS OF 2025 COMPARED TO 2024

• BERKSHIRE HATHAWAY - AS OF JUNE 30, WE OWNED 21.8% OF THE OUTSTANDING COMMON STOCK OF AMERICAN EXPRESS

• BERKSHIRE HATHAWAY - ON JUNE 30, 2025, THERE WERE 1,438,223 CLASS A EQUIVALENT SHARES OUTSTANDING

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