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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?


To: The Duke of URL© who wrote (960)8/24/1999 2:45:00 PM
From: Leroyt  Respond to of 1652
 
Duke,

Sounds about right but wouldn't dividend distributions already show up on BRK's statement as income for a given quarter?

Have you ever done this? Does it affect the earnings of BRK much when added on?

When I have time, I'll take a look at KO (since it's the largest holding) and maybe AXP to see how significant these numbers are.

Right now, I've got a big report to get out.

Thanks and later, leroyt



To: The Duke of URL© who wrote (960)8/24/1999 3:03:00 PM
From: Leroyt  Read Replies (2) | Respond to of 1652
 
Duke,

I think I understand.

"undistributed earnings" = earnings from operations - dividend

Is that your understanding.

TIA and later, leroyt



To: The Duke of URL© who wrote (960)8/24/1999 3:45:00 PM
From: Benkea  Read Replies (1) | Respond to of 1652
 
"If dis earns 1.7 million FROM OPERATIONS for the quarter, and if BRK owns 2% of disney, then, on a proforma basis, take ~34,000 and add it to BRK earnings for the quarter. If there has be a dividend distribution, subtract that. Do this for all companies and look at the capitalized figure separate from the STOCK asset base of BRK

Please comment."

I told Leroy this yesterday, but WEB deducts the hypothetical tax that would have been due if they had been distributed to BRK.