Reg. S-K
Item 601
Exhibit 12
BERKSHIRE HATHAWAY INC.
Calculation of Ratio of Consolidated Earnings to Consolidated Fixed Charges
(Dollars in millions)
| Year Ended December 31, | ||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
| Net earnings attributable to Berkshire Hathaway |
$ | 8,055 | $ | 4,994 | $ | 13,213 | $ | 11,015 | $ | 8,528 | ||||||||||
| Income tax expense |
3,538 | 1,978 | 6,594 | 5,505 | 4,159 | |||||||||||||||
| Earnings attributable to noncontrolling interests |
386 | 602 | 354 | 258 | 104 | |||||||||||||||
| Earnings from equity method investments |
(427 | ) | — | — | — | (523 | ) | |||||||||||||
| Dividends from equity method investees |
132 | — | — | — | — | |||||||||||||||
| Fixed charges* |
2,279 | 2,276 | 2,202 | 1,979 | 867 | |||||||||||||||
| Earnings available for fixed charges |
$ | 13,963 | $ | 9,850 | $ | 22,363 | $ | 18,757 | $ | 13,135 | ||||||||||
| Fixed charges* |
||||||||||||||||||||
| Interest on indebtedness (including amortization of debt discount and expense) |
$ | 1,992 | $ | 1,963 | $ | 1,910 | $ | 1,724 | $ | 723 | ||||||||||
| Rentals representing interest and other |
287 | 313 | 292 | 255 | 144 | |||||||||||||||
| $ | 2,279 | $ | 2,276 | $ | 2,202 | $ | 1,979 | $ | 867 | |||||||||||
| Ratio of earnings to fixed charges* |
6.13 | x | 4.33 | x | 10.16 | x | 9.48 | x | 15.15 | x | ||||||||||