Berkshire Hathaway Automotive. Jordan's Furniture. Berkshire Hathaway Direct Insurance Company (THREE) Justin Brands. Berkshire Hathaway Energy Company. Larson-Juhl. Berkshire Hathaway GUARD Insurance Companies. LiquidPower Specialty Products Inc. (LSPI) Berkshire Hathaway Homestate Companies. Louis - Motorcycle & Leisure, BERKSHIRE HATHAWAY INC. To the Shareholders of Berkshire Hathaway Inc.: This letter comes to you as part of Berkshire’s annual report. As a public company, we are required to periodically tell you many specific facts and figures. “Report,” however, implies a greater responsibility. In addition to the mandated data, we, 2025 Berkshire Hathaway Bracket Contest February 22, 2025 Fourth Quarter Earnings 2024 February 18, 2025 Annual Report Release Information , Earnings of Berkshire Hathaway Inc. and its consolidated subsidiaries for the quarters of 2025 and first 2024 are summarized below. Earnings are stated on an after-tax basis., ÕÖŒHMê Ð >ç}Yìm"xüÓøè ÏT¡»Ži°¹ÚÍ º1Ð>nA Jn•T–ÄåãóYûZV¯ŒqÈXÀ ¨¢ûf{ä ! ðî½zÝ =3· ³.ÖÇY7ëþ÷ÕÕ=Uë¿w†!, BERKSHIRE HATHAWAY INC. and Subsidiaries CONSOLIDATED BALANCE SHEETS (dollars in millions) March 31, 2025 December 31, 2024 (Unaudited) Assets Insurance and Other: Cash and cash equivalents* $ 36,892 $ 44,333 Short-term investments in U.S. Treasury Bills 305,501 286,472 Investments in fixed maturity securities 15,035 15,364.