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所属文献:2016 年伯克希尔·哈撒韦致股东信

2016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113、115—119页(PDF第115、117—121页),保留全部原表条目与数值。公司、品牌、地名及刊名采用原文名称,便于查对。各处明确列出的日期分别保留。

一、股票表现

原图比较:在2011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。

2016年报股票表现原图

以下按原图的整数标注转写,单位为美元。这是原图数据的阅读对照,未增加原图没有的小数精度。

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
2011 100 100 100
2012 117 116 120
2013 155 154 166
2014 197 175 192
2015 173 177 211
2016 213 198 244

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。

本图位于《所有者手册》署名之后,属于独立的公司披露。它比较股票投资价值;正文前面的长期业绩表还另外列有每股账面价值指标,两种口径应分清。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Wells Fargo Bank, N.A.,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wellsfargo.com/shareownerservices。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,应书面联系Wells Fargo,附上股票证书和具体指示,写明转换股数及B类股登记方式。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2017年2月15日,A类普通股约有2,300名登记持有人,B类约有20,200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430,000股A类股和1,300,000,000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。

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

2015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 227,500 215,151 151.69 142.50
第2季度 223,012 204,800 148.57 136.08
第3季度 217,100 190,007 144.69 125.50
第4季度 207,780 192,200 138.62 127.46

股息

截至本年报,伯克希尔自1967年以来未曾宣派现金股息。

三、经营公司及员工人数

原表左右两组公司改为连续行,原注编号保留。

保险业务

公司或业务 员工人数
Applied Underwriters 749
GEICO 36,085
Berkshire Hathaway GUARD Insurance Companies 553
General Re 2,180
Berkshire Hathaway Homestate Companies 937
Med Pro Group 732
Berkshire Hathaway Reinsurance Group 737
National Indemnity Primary Group 626
Berkshire Hathaway Specialty 793
United States Liability Insurance Companies 883
Central States Indemnity 55

非保险业务

公司或业务 员工人数
Acme 2,380
Johns Manville 7,192
Adalet (1) 157
Jordan’s Furniture 1,071
Affordable Housing Partners, Inc 15
Justin Brands 839
AltaLink (2) 805
Kern River Gas (2) 146
Altaquip (1) 165
Kirby (1) 449
Ben Bridge Jeweler 1,159
Larson-Juhl 1,381
Benjamin Moore 1,778
LiquidPower Specialty Products, Inc 236
Berkshire Hathaway Automotive 11,005
Lubrizol 8,753
Berkshire Hathaway Energy Company (2) 27
The Marmon Group (4) 18,872
BHE Renewables (2) 330
McLane Company 23,494
BHE U.S. Transmission (2) 16
MidAmerican Energy (2) 3,321
BH Media Group 4,194
MidAmerican Energy Services (2) 125
Borsheims 159
MiTek Inc 5,128
Brooks Sports 647
Nebraska Furniture Mart 4,951
BNSF 42,000
NetJets 6,371
The Buffalo News 675
Northern Natural Gas (2) 905
Business Wire 495
Northern Powergrid (2) 2,489
CalEnergy Philippines (2) 58
NV Energy (2) 2,471
Carefree of Colorado (1) 335
Oriental Trading 1,534
Charter Brokerage 154
PacifiCorp (2) 5,549
Clayton Homes 14,677
Pampered Chef 437
Cleveland Wood Products (1) 41
Precision Castparts 30,651
CORT 2,597
Precision Steel Warehouse 130
CTB 3,002
Richline Group 3,015
Dairy Queen 475
Russell (3) 1,551
Detlev Louis 1,281
Other Scott Fetzer Companies (1) 281
Douglas/Quikut (1) 32
See’s Candies 2,475
Duracell 3,195
Shaw Industries 21,540
Fechheimer 419
Stahl (1) 136
FlightSafety 4,517
Star Furniture 665
Forest River 10,383
TTI, Inc 5,054
France (1) 114
United Consumer Financial Services (1) 188
Fruit of the Loom (3) 26,418
Vanity Fair Brands (3) 208
Garan 4,330
Wayne Water Systems (1) 86
H. H. Brown Shoe Group 970
Western Enterprises (1) 237
Halex (1) 63
R.C.Willey Home Furnishings 2,728
Helzberg Diamonds 2,249
World Book (1) 145
HomeServices of America (2) 4,520
WPLG, Inc 183
IMC International Metalworking Companies 12,120
XTRA 372
原表汇总 员工人数
保险业务合计 44,330
非保险业务合计 323,316
公司总部 25
总计 367,671

原表注:

  1. 标记(1)的公司属Scott Fetzer。
  2. 标记(2)的公司属Berkshire Hathaway Energy。
  3. 标记(3)的公司属Fruit of the Loom, Inc.。
  4. 标记(4)的Marmon Group包括约175家制造及服务企业,分属15个业务领域。

表内有89个经营条目,部分条目本身代表一组企业。44,330名保险业务员工、323,316名非保险业务员工,加上总部25人,合计367,671人,与原表总计一致。

原表未另列统一统计日。《所有者手册》用的是“约367,000名员工”的概数,本表则列出367,671人,两处各按原文保留。名单中的人数是员工数,不能与后面的房地产经纪人人数直接相加。

本年报的各项名录也不能一概标为“2016年末持有范围”:例如,房地产经纪表列入了Houlihan Lawrence;主信已说明,该笔收购在年末之后不久完成,见原年报第13页(PDF第15页)。

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。某些名称含多个品牌或业务名称,记录条数不等于独立法人数量;换行组成的一个名称仍保留为一条。原表写作“Alpha Romeo of Scottsdale/Fiat of Scottsdale”,此处按原件照录。

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
Alpha 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
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 Cadillac Plano, TX
Crest Infiniti Plano, 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38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29,042人;它与经营公司表中的员工人数属于不同口径,不能直接相加。

品牌 州 主要服务城市 经纪人人数
RealtySouth Alabama Birmingham 769
Roberts Brothers Inc. Alabama Mobile 194
Long Companies Arizona Tucson 753
Guarantee Real Estate California Fresno 470
Intero Real Estate Services California Silicon Valley 1,034
Berkshire Hathaway HomeServices California Properties California San Diego/Los Angeles 2,529
Kentwood Real Estate Colorado Denver 238
Berkshire Hathaway HomeServices New England Properties Connecticut, Rhode Island Hartford; Westerly 1,258
Houlihan Lawrence Connecticut, New York Darien; Westchester 1,180
Berkshire Hathaway HomeServices Fox & Roach Delaware, New Jersey, Pennsylvania Wilmington; Ocean City; Philadelphia 4,729
Berkshire Hathaway Florida Network Realty Florida Jacksonville 372
EWM REALTORS® Florida Miami 770
Harry Norman, REALTORS® Georgia Atlanta 883
Berkshire Hathaway HomeServices Georgia Properties Georgia Atlanta 1,550
Berkshire Hathaway HomeServices KoenigRubloff Realty Group Illinois, Michigan Chicago; New Buffalo 1,426
Semonin REALTORS® Indiana, Kentucky New Albany; Louisville 461
Iowa Realty Iowa Des Moines 743
Berkshire Hathaway HomeServices First Realty Iowa Des Moines 73
Rector-Hayden REALTORS® Kentucky Lexington 214
Wakefield Reutlinger Realtors Kentucky Louisville 41
Champion Realty Inc. Maryland Annapolis 208
Edina Realty Minnesota, Wisconsin Minneapolis/St. Paul; Eau Claire 2,416
Carol Jones REALTORS® Missouri Springfield/Branson 240
ReeceNichols Missouri, Kansas Kansas City 2,070
Berkshire Hathaway HomeServices Kansas City Realty Missouri Kansas City 75
CBSHOME Real Estate Nebraska Omaha 373
HOME Real Estate Nebraska Lincoln 181
Woods Bros. Realty Nebraska Lincoln 178
Berkshire Hathaway HomeServices New York Properties New York Manhattan 8
Berkshire Hathaway Westchester Properties New York Westchester 89
Berkshire Hathaway HomeServices Carolinas Realty North Carolina Charlotte/Winston-Salem 320
Berkshire Hathaway HomeServices York Simpson Underwood Realty North Carolina Raleigh 319
Berkshire Hathaway HomeServices Yost & Little North Carolina Greensboro 178
Huff Realty Ohio Cincinnati 402
Berkshire Hathaway HomeServices Northwest Real Estate Oregon, Washington Portland; Seattle 738
Berkshire Hathaway Real Estate Professionals Oregon Salem 183
Allie Beth Allman & Associates Texas Dallas 307
First Weber Group REALTORS® Wisconsin Milwaukee; Madison 1,070

原表注:本表不包括超过375家房地产经纪加盟商。它们拥有超过46,000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 9,812 11,110
Alabama Dothan Eagle Dothan 18,125 20,171
Iowa The Daily Nonpareil Council Bluffs 7,831 8,607
Nebraska York News-Times York 2,500 —
Nebraska The North Platte Telegraph North Platte 7,648 7,685
Nebraska Kearney Hub Kearney 8,488 —
Nebraska Star-Herald Scottsbluff 9,212 9,577
Nebraska The Grand Island Independent Grand Island 14,505 15,579
Nebraska Omaha World-Herald Omaha 99,104 123,805
New Jersey The Press of Atlantic City Atlantic City 36,120 43,099
New York Buffalo News Buffalo 116,235 174,779
North Carolina The McDowell News Marion 3,182 3,374
North Carolina The News Herald Morganton 5,518 6,285
North Carolina Statesville Record and Landmark Statesville 7,157 8,476
North Carolina Hickory Daily Record Hickory 12,027 15,125
North Carolina Winston-Salem Journal Winston-Salem 41,150 51,807
North Carolina Greensboro News & Record Greensboro 39,474 55,621
Oklahoma Tulsa World Tulsa 59,553 79,863
Oklahoma Tulsa Business & Legal News Tulsa 319 —
South Carolina Morning News Florence 14,228 18,741
Texas The Eagle Bryan/College Station 11,844 13,498
Texas Tribune-Herald Waco 21,618 26,234
Virginia Culpeper Star Exponent Culpeper 3,560 3,972
Virginia The News Virginian Waynesboro 4,125 4,430
Virginia Danville Register and Bee Danville 9,606 12,422
Virginia The Daily Progress Charlottesville 14,693 17,280
Virginia Bristol Herald Courier Bristol 17,904 21,416
Virginia The News and Advance Lynchburg 18,714 23,497
Virginia Richmond Times-Dispatch Richmond 88,715 113,483
Virginia The Roanoke Times Roanoke 47,972 60,198
Virginia Martinsville Bulletin Martinsville 9,980 11,298
Virginia Free Lance-Star Fredericksburg 29,245 33,978

原件:2016年报(本地PDF),PDF第115页从“股票表现图”标题起;第117页从“普通股”标题起;第118—121页为上述经营公司和名录。

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