Summary
Berkshire Hathaway Inc. (BRK-B) filed its 2003 annual report on March 11, 2004, providing investors with a comprehensive overview of its financial performance and strategic positioning. The report details the company's extensive business operations, financial condition, and results of operations for the fiscal year ended December 30, 2003. Investors can find key financial statements, management's discussion and analysis, and supplementary data that illuminate the company's performance drivers and outlook.
Key Highlights
- 1The report covers the business operations, properties, legal proceedings, and market for Berkshire Hathaway's common stock.
- 2Key financial data, including consolidated balance sheets, statements of earnings, cash flows, and changes in shareholders' equity, are presented for the fiscal year ended December 30, 2003.
- 3Management's Discussion and Analysis (MD&A) provides insights into the company's financial condition and the factors influencing its results of operations.
- 4Detailed notes to the consolidated financial statements offer further transparency into accounting policies and significant financial items.
- 5Information regarding controls and procedures, as well as changes in and disagreements with accountants, are also included.
- 6The filing structure indicates the comprehensive nature of the report, covering various aspects of the company's reporting obligations.
- 7While specific financial figures are not detailed in the provided excerpt, the structure suggests a thorough review of the company's financial health and operational activities for the 2003 fiscal year.
Frequently Asked Questions
The primary purpose of this 10-K filing is to provide Berkshire Hathaway Inc. with its comprehensive annual report to the U.S. Securities and Exchange Commission (SEC). It details the company's financial performance, business operations, and other significant information for the fiscal year ended December 30, 2003, offering investors a thorough overview of the company's condition.
Detailed financial statements, including the Consolidated Balance Sheets, Consolidated Statements of Earnings, Consolidated Statements of Cash Flows, and Consolidated Statements of Changes in Shareholders' Equity, along with the Notes to Consolidated Financial Statements, are located within Item 8 of Part II of the filing.
Yes, Item 7 of Part II, titled 'Management's Discussion and Analysis of Financial Condition and Results of Operations,' provides management's insights and commentary on the company's financial condition and the factors that affected its operating results during the fiscal year.
Item 1 of Part I of the report covers the 'Business' of Berkshire Hathaway Inc., providing investors with an overview of the company's operations and the industries in which it participates.