BERKSHIRE HATHAWAY INC.

Selected Financial Data for the Past Five Years
(dollars in millions, except per share data)

 
                                             1996        1995 *      1994 *      1993 *      1992 *
                                           ---------    --------    --------    --------    -------- 
Revenues: 
  Insurance premiums earned . . . . . . .  $ 4,117.8    $  957.5    $  923.2    $  650.7    $  664.3
  Sales and service revenues. . . . . . .    3,061.2     2,755.9     2,351.9     1,962.9     1,774.4
  Interest and dividend income. . . . . .      811.9       629.2       519.0       520.7       485.5
  Income from finance businesses. . . . .       25.3        26.6        24.9        22.2        20.7
  Realized investment gain(1) . . . . . .    2,484.1(2)    194.1        91.3       546.4        89.9
                                           ---------    --------    --------    --------    --------
  Total revenues. . . . . . . . . . . . .  $10,500.3    $4,563.3    $3,910.3    $3,702.9    $3,034.8
                                           =========    ========    ========    ========    ========
 
Earnings: 
  Before realized investment gain and 
    cumulative effect of accounting change  $  883.4     $ 669.9     $ 491.9(3)  $ 520.2(4)  $ 400.8
  Realized investment gain(1) . . . . . .    1,605.2(2)    125.0        61.1       356.7        59.6
  Cumulative effect of change in
    accounting for income taxes . . . . .       --          --          --         (33.3)       --
                                            --------     -------     -------     -------     -------
  Net earnings. . . . . . . . . . . . . .   $2,488.6     $ 794.9     $ 553.0     $ 843.6     $ 460.4
                                            ========     =======     =======     =======     =======
 
Earnings per share: 
  Before realized investment gain and 
    cumulative effect of accounting change $  732.96     $564.31     $417.66(3)  $449.90(4)  $349.59
  Realized investment gain(1) . . . . . .   1,331.83(2)   105.30       51.88      308.50       51.98  
  Cumulative effect of change in 
    accounting for income taxes . . . . .       --          --          --        (28.80)       --
                                           ---------     -------     -------     -------     -------
  Net earnings. . . . . . . . . . . . . .  $2,064.79     $669.61     $469.54     $729.60     $401.57
                                           =========     =======     =======     =======     ======= 

Year-end data: 
  Total assets. . . . . . . . . . . . . .  $43,409.5   $28,711.4   $20,609.6   $18,697.5   $15,721.5
  Borrowings under investment agreements 
    and other debt(5) . . . . . . . . . .    1,944.4     1,061.7       810.7       972.4     1,154.7
  Shareholders' equity                      23,426.3    16,738.7    11,651.5    10,140.2     8,132.9
  Class A equivalent common shares 
    outstanding, in thousands . . . . . .      1,232       1,194       1,178       1,178       1,149
  Shareholders' equity per outstanding 
    Class A equivalent share. . . . . . .  $  19,011   $  14,025   $   9,893   $   8,610   $   7,081
                                           =========   =========   =========   =========   =========
 
  * Restated - See Note 1(b) to Consolidated Financial Statements.
 
___________________________


  (1) The amount of realized investment gain/loss for any given period has
      no predictive value, and variations in amount from period to period  
      have no practical analytical value, particularly in view of the  
      unrealized appreciation now existing in Berkshire's consolidated  
      investment portfolio. 

  (2) In March 1996, The Walt Disney Company completed its acquisition of  
      Capital Cities/ABC, Inc. A pre-tax realized gain related to this  
      transaction of $2.2 billion ($1.4 billion after-tax) is included in  
      1996's results. 

  (3) Includes a charge of $172.6 million representing an other-than- 
      temporary decline in value of investment in USAir Group, Inc.  
      Preferred Stock. 

  (4) Includes a charge of $53.6 million representing the effect of the  
      change in U.S. Federal income tax rates on deferred taxes applicable  
      to unrealized appreciation. 

  (5) Excludes borrowings of finance businesses.