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using exh 1.9, compute PCP's changes in shareholders equities between 2014 and 2015 20 Part One Setting Some Themes EXHIBIT 1.9 I PCP Consolidated Financial
using exh 1.9, compute PCP's changes in shareholders equities between 2014 and 2015
20 Part One Setting Some Themes EXHIBIT 1.9 I PCP Consolidated Financial Statements 12 Months Ending March 31 2014 2015 2013 Income Statement in millions, except per share data, unless otherwise specified) Revenue $8.347 Operating expenses 6,188 Income from operations 2.159 Net interest expense 31 Income before income tax expense 2,128 Income tax expense 695 Consolidated net income from continuing operations $1,433 $ 9,533 6,874 2,659 71 2,588 830 1,758 $10,005 7,393 2,612 65 2.547 816 $ 1,731 2011 2012 2013 2014 $ 5,507 2.300 10,779 $18,586 $ 5.972 2,474 10.982 $19,428 Balance Sheet in millions, except per share data, unless otherwise specified) Assets: Current assets Net property, plant, and equipment Other assets Total assets Liabilities & Shareholder Equity: Current liabilities Long-term debt Pension obligation Other long-term liabilities Total abilities Shareholders' equity Total Nabilities and stockholders' equity $ 1.608 - 3.569 442 1,554 7,173 11.413 $18,586 $ 2,827 3,493 678 1.473 8.471 10,957 $19.428 "Note. Fiscal year ends March 31. Period listed as 2015 represents March 31, 2014 to March 31, 2015 Note: The market value of PCP's equity shortly before the announcement of the acquisition by Berkshire Hathaway was $31,208 million Data source: Edgar Excludes restructuring charges Excludes equity in unconsolidated Investments "Excludes noncontrolling interests Step by Step Solution
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