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In the first quarter, Berkshire insurance profits reflect the damage reflecting the wild flames in Los Angeles, about 50%, $ 1.1 billion after the first quarter.
During this period, investment income on higher money residues reached $ 2.9 billion. Burlington North Santa Fe’s profits increased by 6%, Berkshire Hathaway energy increased by 53% to Berkshaway energy increased by 53% to $ 53 billion.
Berkshire, after taxes in the first quarter, the loss of about $ 700 million in foreign exchange losses, mainly reduces the value of Berkshire’s yen debt and reducing earnings. This loss should be removed from the results of the operation, because they are in a one-time nature.