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所属文献:2017年伯克希尔·哈撒韦致股东信

2017年报公司资料:股票、经营公司、汽车经销、地产经纪与日报

本资料取自原年报第K-30、A-1至A-5页(PDF第62、142—146页),保留全部原表条目与数值。公司、品牌、地名和刊名采用原文名称,便于查对;各处列明的统计日期分别保留。以下均为本年报刊载时的资料。

一、股票表现

原图比较:在2012年12月31日分别向伯克希尔普通股、标普500指数和标普500财产及意外险指数投入100美元,此后的投资价值如何变化。

2017年报股票表现原图

下表按原图整数标注转写,单位为美元;保留原图精度。

年份 伯克希尔普通股 标普500指数 标普500财产及意外险指数
2012 100 100 100
2013 132 132 138
2014 168 151 160
2015 147 153 175
2016 182 171 203
2017 221 208 248

原图注:

  1. 两项标准普尔指数的累计回报,均按股息再投资计算。
  2. 很难为伯克希尔找到一组类似的同业公司。公司旗下子公司经营多种业务,其中最重要的是财产及意外险,因此管理层选用该保险行业指数作比较。

本图比较的是股票投资价值;正文前面的长期业绩表还另外列有每股账面价值,两种指标应分清。原图未单列A类或B类,名称照原件保留。

二、普通股

伯克希尔有A类和B类两种普通股。持有人可选择将每股A类股转换为1,500股B类股;B类股不能反向转换为A类股。

过户与登记

当时公司的过户代理及登记机构为EQ Shareowner Services(简称EQ),属Equiniti Trust Company,地址为P.O. Box 64854, St. Paul, MN 55164-0854。函件可寄往该地址,也可使用原载网站www.shareowneronline.com。股东关系部门电话为1-877-602-7411,接听时间为美国中部时间上午7点至晚上7点。办理股票证书补发或过户,应寄往同址的过户部门。

股份登记在本人名下、希望将A类股转为B类股的股东,可书面联系EQ,附上股票证书和具体指示,写明转换股数及B类股的登记方式。原文建议使用有投递证明的邮件(certified mail)或挂号邮件(registered mail),寄送证书及书面指示。

股份若以经纪商或银行代名人名义登记,股东应联系该经纪商或银行,由代名人提出全部或部分股份的转换申请。

股东人数

截至2018年2月12日,A类普通股约有2,100名登记持有人,B类约有19,800名。登记持有人中包括代名人,他们为未直接登记在册的实际权益拥有人,持有至少410,000股A类股和1,339,000,000股B类股。登记人数不能直接当作实际股东总人数。

股价区间

两类股票都在纽约证券交易所交易,代码分别为BRK.A、BRK.B,按原年报写法保留。以下为纽约证券交易所综合行情所报的季度每股最高、最低成交价,单位为美元。原表两个年份分列,便于阅读。

2017年

季度 A类最高价 A类最低价 B类最高价 B类最低价
第1季度 266,445 237,983 177.86 158.61
第2季度 257,944 242,180 171.95 160.93
第3季度 275,945 252,254 184.00 168.00
第4季度 301,000 270,250 200.50 180.44

2016年

季度 A类最高价 A类最低价 B类最高价 B类最低价
第1季度 215,130 186,900 143.40 123.55
第2季度 221,985 205,074 148.03 136.65
第3季度 226,490 211,500 151.05 140.95
第4季度 250,786 213,030 167.25 141.92

股息

截至本年报,伯克希尔自1967年以来未曾宣派现金股息。

普通股回购计划

董事会已批准回购A类和B类普通股,回购价格不得高于每股账面价值的120%,即溢价不超过20%。计划允许通过公开市场或私下协商交易回购,没有规定回购股数的上限。2017年未按该计划回购股份。

三、经营公司及员工人数

以下按原表的五个业务类别列示。加粗且不列人数的行,是原表的集团名称;箭头表示原表中缩进列示的下属单位。原注编号保留。

保险业务

公司或业务 员工人数
GEICO 38,690
Berkshire Hathaway Reinsurance Group 562
General Re 2,006
Berkshire Hathaway Homestate Companies 1,004
Berkshire Hathaway Specialty 890
Berkshire Hathaway GUARD Insurance Companies 689
MedPro Group Inc. 896
National Indemnity Primary Group 673
United States Liability Insurance Companies 893
Applied Underwriters 753
Central States Indemnity 52
保险业务合计 47,108

制造业务

公司或业务 员工人数
Acme 2,408
Benjamin Moore 1,772
Brooks Sports 638
CTB 2,886
Duracell 2,875
Fechheimer 407
Forest River 12,185
Fruit of the Loom Companies
↳ Fruit of the Loom 26,219
↳ Russell 1,020
↳ Vanity Fair Brands 209
Garan 4,630
H. H. Brown Shoe Group 950
IMC International Metalworking Companies 12,749
Johns Manville 7,309
Justin Brands 735
Larson-Juhl 1,273
LiquidPower Specialty Products, Inc. 259
Lubrizol 9,046
MiTek Inc. 5,738
Precision Castparts 31,984
Richline Group 3,128
Scott Fetzer Companies
↳ Adalet 164
↳ Altaquip 166
↳ Carefree of Colorado 336
↳ Cleveland Wood Products 39
↳ Douglas/Quikut 38
↳ France 95
↳ Halex 72
↳ Kirby 344
↳ Stahl 134
↳ United Consumer Financial Services 197
↳ Wayne Water Systems 101
↳ Western Enterprises 232
↳ World Book 138
↳ Other Scott Fetzer Companies 320
Shaw Industries 21,867
The Marmon Group (1) 12,763
制造业务合计 165,426

铁路、公用事业及能源业务

公司或业务 员工人数
BNSF 41,000
Berkshire Hathaway Energy Company
↳ Corporate Office 25
↳ PacifiCorp 5,436
↳ MidAmerican Energy 3,311
↳ NV Energy 2,451
↳ Northern Powergrid 2,492
↳ Northern Natural Gas 908
↳ Kern River Gas 149
↳ AltaLink 752
↳ BHE Renewables 326
↳ BHE U.S. Transmission 14
↳ CalEnergy Philippines 55
↳ MidAmerican Energy Services 125
↳ HomeServices of America 6,729
铁路、公用事业及能源业务合计 63,773

服务及零售业务

公司或业务 员工人数
Affordable Housing Partners, Inc. 18
Ben Bridge Jeweler 1,128
Berkshire Hathaway Automotive 11,003
BH Media Group 3,719
Borsheims 152
Business Wire 486
Charter Brokerage 163
Dairy Queen 464
Detlev Louis 1,293
FlightSafety 4,468
Helzberg Diamonds 2,252
Jordan’s Furniture 1,100
McLane Company 23,859
Nebraska Furniture Mart 4,645
NetJets 6,314
Oriental Trading 1,523
Pampered Chef 373
Precision Steel Warehouse 126
R.C.Willey Home Furnishings 2,782
See’s Candies 2,439
Star Furniture 673
The Buffalo News 618
TTI, Inc. 5,591
WPLG, Inc. 185
服务及零售业务合计 75,374

金融业务

公司或业务 员工人数
Clayton Homes 16,362
CORT 2,487
Marmon – UTLX (1) 6,346
XTRA 389
金融业务合计 25,584

原表总计

项目 员工人数
伯克希尔·哈撒韦公司总部 26
全公司总计 377,291

原表注(1):The Marmon Group包括约175家制造及服务企业,分属15个业务领域。原表分别在制造业务的The Marmon Group和金融业务的Marmon – UTLX处标注(1),两行及其人数分别保留。

原表共有90条带人数的经营业务记录,部分记录代表一组企业;另有伯克希尔总部一行。五个业务类别的47,108、165,426、63,773、75,374和25,584人,加上总部26人,合计377,291人,与原表总计一致。能源集团下属Corporate Office的25人已计入该业务类别,不能与伯克希尔总部的26人混为一谈。

原表未另列统一统计日。《所有者手册》使用“约377,000名员工”的概数,本表列出377,291人,两处各按原文保留。表内HomeServices的6,729名员工,与后面房地产经纪名录的40,950名经纪人属于不同统计口径,不能直接相加。

四、汽车经销商

以下按原表左列、右列依次转写,共83条名称与地点记录。有些名称包含多个品牌,记录条数不等于独立法人数量;换行组成的一个名称保留为一条。2017年原表写作“Alfa Romeo of Scottsdale/Fiat of Scottsdale”,按本版原件照录。

经销商名称 城市、州
Arrowhead Cadillac Glendale, AZ
Superstition Springs Lexus Mesa, AZ
Acura Of Peoria Peoria, AZ
Infiniti of Peoria Peoria, AZ
Peoria Ford Peoria, AZ
Peoria Nissan Peoria, AZ
ABC Nissan Phoenix, AZ
Bell Honda Phoenix, AZ
Camelback Ford Lincoln Phoenix, AZ
Camelback Hyundai Phoenix, AZ
Camelback Kia Phoenix, AZ
Camelback Volkswagen Subaru Mazda Phoenix, AZ
Camelback Toyota Phoenix, AZ
Infiniti on Camelback Phoenix, AZ
Midway Chevrolet Phoenix, AZ
Midway Nissan Phoenix, AZ
Showcase Honda Phoenix, AZ
Volvo Cars of Phoenix Phoenix, AZ
Airpark Dodge Chrysler Jeep Scottsdale, AZ
Alfa Romeo of Scottsdale/Fiat of Scottsdale Scottsdale, AZ
Infiniti of Scottsdale Scottsdale, AZ
Pinnacle Nissan Scottsdale, AZ
Van Chevrolet/Van Buick GMC Scottsdale, AZ
Surprise Ford Surprise, AZ
Cerritos Nissan Cerritos, CA
Serramonte Ford Colma, CA
South County Lexus Mission Viejo, CA
Frontier Ford Santa Clara, CA
Toyota of Deerfield Beach Deerfield Beach, FL
Delray Honda Delray Beach, FL
David Maus Volkswagen North Orlando, FL
David Maus Volkswagen South Orlando, FL
David Maus Chevrolet Sanford, FL
David Maus Toyota Sanford, FL
Mercedes-Benz of South Atlanta Atlanta, GA
Mall of Georgia Ford Buford, GA
Gwinnett Place Ford Lincoln Duluth, GA
Gwinnett Place Nissan Duluth, GA
Crown Nissan Decatur, IL
Crown Toyota Decatur, IL
Miles Chevrolet Decatur, IL
Kenny Kent Chevrolet Evansville, IN
Kenny Kent Lexus Evansville, IN
Kenny Kent Toyota Evansville, IN
Van Chevrolet Cadillac Subaru Kansas City, MO
Audi of Springfield/BMW of Springfield Springfield, MO
Reliable Chevrolet/Infiniti of Springfield/ Elite Automotive Group Springfield, MO
Reliable Imports Springfield, MO
Reliable Toyota Lexus Springfield, MO
BMW of Lincoln/Husker Auto Group Lincoln, NE
Husker Chevrolet Cadillac GMC Lincoln, NE
Village Pointe Toyota Omaha, NE
Reliable Chevrolet Albuquerque, NM
Reliable Nissan Albuquerque, NM
Vandergriff Acura Arlington, TX
Vandergriff Chevrolet Arlington, TX
Vandergriff Honda Arlington, TX
Vandergriff Hyundai Arlington, TX
Vandergriff Toyota Arlington, TX
Van Hyundai Carrollton, TX
Toyota of Dallas Dallas, TX
Crest Nissan Frisco, TX
Crest Cadillac Frisco, TX
Crest Infiniti Frisco, TX
Stonebriar Chevrolet Frisco, TX
Honda of Fort Worth Ft. Worth, TX
Grand Prairie Ford Grand Prairie, TX
Grapevine Ford Lincoln Grapevine, TX
Texas Nissan of Grapevine Grapevine, TX
Texas Toyota of Grapevine Grapevine, TX
Joe Myers Ford Lincoln Houston, TX
Joe Myers Mazda Kia Houston, TX
Joe Myers Toyota Houston, TX
Westway Ford Irving, TX
McKinney Buick GMC McKinney, TX
Nissan of McKinney McKinney, TX
Town East Ford Mesquite, TX
Trophy Nissan Mesquite, TX
Crest Volvo Cars Plano, TX
Reliable Chevrolet Richardson, TX
Richardson Chrysler Jeep Dodge Ram Richardson, TX
Toyota of Richardson Richardson, TX
North Park Toyota of San Antonio San Antonio, TX

五、房地产经纪业务

以下42条记录按原表保留品牌、经营州、主要服务城市及经纪人人数,各行合计40,950人,与本年股东信列示总数一致。名单中的名称和统计范围按当年版本保留。

品牌 州 主要服务城市 经纪人人数
RealtySouth Alabama Birmingham 776
Roberts Brothers Inc. Alabama Mobile 245
Long Companies Arizona Tucson 751
Guarantee Real Estate California Fresno 446
Intero Real Estate Services California Silicon Valley 1,123
Berkshire Hathaway HomeServices California Properties California San Diego/Los Angeles 2,419
Kentwood Real Estate Colorado Denver 235
Berkshire Hathaway HomeServices New England Properties Connecticut, Rhode Island Hartford; Westerly 1,315
Houlihan Lawrence Connecticut, New York Darien; Westchester 1,430
Berkshire Hathaway HomeServices Fox & Roach Delaware, New Jersey, Pennsylvania Wilmington; Ocean City; Philadelphia 5,130
Berkshire Hathaway Florida Network Realty Florida Jacksonville 416
EWM REALTORS® Florida Miami 749
Harry Norman, REALTORS® Georgia Atlanta 874
Berkshire Hathaway HomeServices Georgia Properties Georgia Atlanta 1,617
Berkshire Hathaway HomeServices KoenigRubloff Realty Group Illinois, Michigan Chicago; New Buffalo 1,418
Semonin REALTORS® Indiana, Kentucky New Albany; Louisville 471
Iowa Realty Iowa Des Moines 759
Berkshire Hathaway HomeServices First Realty Iowa Des Moines 72
Rector-Hayden REALTORS® Kentucky Lexington 217
Wakefield Reutlinger Realtors Kentucky Louisville 47
Champion Realty Inc. Maryland Annapolis 197
Edina Realty Minnesota, Wisconsin Minneapolis/St. Paul; Eau Claire 2,402
Carol Jones REALTORS® Missouri Springfield/Branson 237
ReeceNichols Missouri, Kansas Kansas City 2,141
Berkshire Hathaway HomeServices Kansas City Realty Missouri Kansas City 75
CBSHOME Real Estate Nebraska Omaha 348
HOME Real Estate Nebraska Lincoln 175
Woods Bros. Realty Nebraska Lincoln 173
Gloria Nilson & Co. Real Estate New Jersey Central New Jersey; Bucks County Pennsylvania 567
Berkshire Hathaway HomeServices New York Properties New York Manhattan 24
Berkshire Hathaway Westchester Properties New York Westchester 89
Berkshire Hathaway HomeServices Carolinas Realty North Carolina Charlotte/Winston-Salem 334
Berkshire Hathaway HomeServices Pinehurst Realty North Carolina Pinehurst/Southern Pines 46
Berkshire Hathaway HomeServices York Simpson Underwood Realty North Carolina Raleigh 319
Berkshire Hathaway HomeServices Yost & Little North Carolina Greensboro 199
Fonville MoriseyRealty (A Long & Foster Company) North Carolina Raleigh 740
Huff Realty Ohio Cincinnati 407
Berkshire Hathaway HomeServices Northwest Real Estate Oregon, Washington Portland; Seattle 772
Berkshire Hathaway Real Estate Professionals Oregon Salem 178
Allie Beth Allman & Associates Texas Dallas 320
Long & Foster Real Estate Virginia, West Virginia, Maryland, Delaware, New Jersey, Pennsylvania, North Carolina, Washington D.C. Philadelphia; Richmond; Baltimore; Annapolis; Raleigh; Washington D.C. 9,567
First Weber Group REALTORS® Wisconsin Milwaukee; Madison 1,130

原表注:本表不包括超过365家房地产经纪加盟商。它们拥有超过48,000名经纪人,分布于47个州,当时主要使用三个品牌经营,其中包括Berkshire Hathaway HomeServices。加盟商支付一定费用,以取得这三个品牌名称的使用权。

六、日报

发行量按原表区分日报和周日版;破折号照录,不改为零。原表未另列每项发行量的具体统计日。

州 刊名 城市 日报发行量 周日版发行量
Alabama Opelika Auburn News Opelika/Auburn 8,995 10,074
Alabama Dothan Eagle Dothan 16,212 18,070
Iowa The Daily Nonpareil Council Bluffs 7,145 7,575
Nebraska York News-Times York 2,536 —
Nebraska The North Platte Telegraph North Platte 7,003 7,073
Nebraska Kearney Hub Kearney 7,860 —
Nebraska Star-Herald Scottsbluff 8,519 8,817
Nebraska The Grand Island Independent Grand Island 13,677 14,690
Nebraska Omaha World-Herald Omaha 93,653 115,417
New Jersey The Press of Atlantic City Atlantic City 32,190 38,982
New York Buffalo News Buffalo 104,346 163,074
North Carolina The McDowell News Marion 3,047 3,225
North Carolina The News Herald Morganton 5,303 5,904
North Carolina Statesville Record and Landmark Statesville 6,863 8,121
North Carolina Hickory Daily Record Hickory 11,271 13,873
North Carolina Winston-Salem Journal Winston-Salem 37,837 46,763
North Carolina Greensboro News & Record Greensboro 35,448 48,547
Oklahoma Tulsa World Tulsa 52,408 68,009
Oklahoma Tulsa Business & Legal News Tulsa 234 —
South Carolina Morning News Florence 13,109 17,128
Texas The Eagle Bryan/College Station 10,999 12,415
Texas Tribune-Herald Waco 19,430 23,555
Virginia Culpeper Star Exponent Culpeper 3,128 3,451
Virginia The News Virginian Waynesboro 3,835 4,013
Virginia Danville Register and Bee Danville 8,771 11,087
Virginia The Daily Progress Charlottesville 14,072 16,167
Virginia Bristol Herald Courier Bristol 16,566 19,556
Virginia The News and Advance Lynchburg 17,216 21,226
Virginia Richmond Times-Dispatch Richmond 82,642 102,791
Virginia The Roanoke Times Roanoke 43,025 52,132
Virginia Martinsville Bulletin Martinsville 8,960 10,232
Virginia Free Lance-Star Fredericksburg 25,764 29,800

原件:2017年报(本地PDF),PDF第62及142—146页。

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