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1980 Unit:US'000
Earnings Before Income Tax After
Income Tax
Percent Total Berkshire Share Berkshire
Share
Earnings from Operation
Insurance Group
Underwriting 100.0% 6,738 6,737 3,637
Net Investment Income 100.0% 30,939 30,927 25,607
Berkshire-Waumbec Textiles 100.0% (508) (508) 202
Associated Retail Stores 100.0% 2,440 2,440 1,169
See's Candies 59.6% 15,031 8,958 4,212
Buffalio Evening News 59.6% (2,805) (1,672) (816)
Blue Chip Stamps-Parent 59.6% 7,699 4,588 3,060
Illinois National Bank 97.7% 5,324 5,200 4,731
Wesco Financial Corporation-Parent 47.7% 2,916 1,392 1,044
Mutual Savings and Loan 47.7% 5,814 2,775 1,974
Presion Steel 47.7% 2,833 1,352 656
Interest on Debt (12,230) (9,390) (4,809)
Other 2,170 1,590 1,255
66,361 54,389 41,922
Realized Securities Gain 19,584 15,757 11,200
Total Earnings-all entities 85,945 70,146 53,122
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Shares Cost Market Unrealized
Gain
Affiliated Publications, Inc. (a) 434,550 2,821 12,222 9,401
Aluminum Company of America (a) 464,317 25,577 27,685 2,108
Cleveland-Cliffs Iron Company (b) 475,217 12,942 15,894 2,952
General Foods, Inc (b) 1,983,812 62,507 59,889 (2,618)
GEIGO Corporation (a) 7,200,000 47,138 105,300 58,162
Handy & Harman (a) 2,015,000 21,825 58,435 36,610
Interpublic Group of Companies, Inc (a) 711,180 4,531 22,135 17,604
Kaiser Alumnium & Chemical Corp. (a) 1,211,834 20,629 27,569 6,940
Media General (a) 282,500 4,545 8,334 3,789
National Detroit Corporation (b) 247,039 5,930 6,299 369
National Student Marketing (a) 881,500 5,128 5,895 767
Ogilvy & Mather Int'l, Inc (a) 391,400 3,709 9,981 6,272
Pinkerton, Inc. (b) 370,088 12,144 16,489 4,345
R.J. Reynolds Industries (b) 245,700 8,702 11,228 2,526
SAFECO Corporation (b) 1,250,525 32,062 45,177 13,115
The Time Mirror Company (b) 151,104 4,447 6,271 1,824
The Washington Post Company (a) 1,868,600 10,628 42,277 31,649
EW Woolworth Company (b) 667,124 13,583 16,511 2,928
All Other Common Stock 26,313 32,096 5,783
Total Common Stock 325,161 529,687 204,526
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