Summary by Futu AI
Berkshire Hathaway Inc. has filed its annual 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes audited financial statements for The Lubrizol Corporation Employees’ Profit Sharing and Savings Plan, which is a part of Berkshire Hathaway's portfolio of companies. The independent audit, conducted by Maloney + Novotny LLC, concluded that the financial statements present fairly the net assets available for benefits and the changes in net assets for the year in accordance with U.S. generally accepted accounting principles. The Plan showed an increase in net assets available for benefits, rising from $1,265,670,000 at the end of 2022 to $1,358,252,000 at the end of 2023. The Plan offers a variety of investment options, including a stable value fund, mutual...Show More