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


2

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?
 
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U

Uncle_vito

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

Vito
 
B

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?
 
R

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.
 
B

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

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.
 
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R

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.
No problem.
 
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B

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...
 

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