(Source: Lincoln Journal Star, May 6, 2013)
LINCOLN, Neb. — Buffett’s firm said it earned $4.89 billion, or $2,977 per Class A share, up from last year’s $3.25 billion, or $1,966 per share. BNSF Railway contributed $912 million of net income on $5.2 billion in revenue, compared to $789 million in net income on $4.9 billion of revenue in the same quarter last year, according to BNSF’s federal filings. The railroad’s operating income was $1.5 billion, almost half what Berkshire reported, compared to $1.25 billion a year ago.
Full story: Lincoln Journal Star