How is it that BRK has PP&E but no depreciation expenses?

[2.7182818284590...]

Berkshire Hathaway has 52,657,000 in Property Plant and Equipment.
However, they don't have one dollar in depreciation expenses. What's
up with this?

 

[Uncle_vito]

Wild-ass guess: Depreciation is a tax issue. It is not a real loss.

Vito

 

[Bill Reid]

Wild-ass guess:  Depreciation is a tax issue.  It is not a real loss.

I believe it still must be reported for the purposes of calculating
the income statement. It is not a "loss", but an expense that can
be amortized over time under law.

Here's another guess: everything is fully depreciated already?
Or reported as an expense without amortizing it? What's the
deal with all these questions? Don't you realize that the
whole "system" is just a fraud designed to steal the working
man's labor?

 

[Rod Speed]

2.7182818284590... wrote

Berkshire Hathaway has 52,657,000 in Property Plant and Equipment.
However, they don't have one dollar in depreciation expenses. What's
up with this?

Presumably its almost all property/real estate etc which is not depreciable.

 

[Blash]

Bill Reid wrote on 1/20/10 11:42 PM:

Here's another guess: everything is fully depreciated already?
Or reported as an expense without amortizing it? What's the
deal with all these questions? Don't you realize that the
whole "system" is just a fraud designed to steal the working
man's labor?

Is this "Crazy Bob" MBA????

 

[2.7182818284590...]

2.7182818284590... wrote


Presumably its almost all property/real estate etc which is not depreciable.

Rod,

Very good answer. I didn't think of that. This is why you're a value-
added member of sci.econ and other newsgroups. However, some times,
you make snarky and anti-intellectual comments. Thanks.

 

[Rod Speed]

2.7182818284590... wrote

Very good answer. I didn't think of that. This is why you're
a value- added member of sci.econ and other newsgroups.

However, some times, you make snarky and anti-intellectual comments.

I piss on bullshit and lies from a great height.

Thanks.

No problem.

 

[Bill Reid]

Bill Reid wrote on 1/20/10 11:42 PM:


 Is this "Crazy Bob" MBA????

Don't be silly...there wasn't a single homophobic remark
in the post, you big old boy band lover you...

Me, I'm just laying the groundwork for my possible
future status as a commie, should the tide of public
politics require it...but what with the recent election
of the Republican gay porn star, maybe I should
mention that everybody who is out of work currently
is a lazy slob who should be rounded up and
shot for besmirching the fine reputation of upstanding
capitalists like Bernie Madoff...