Balance Sheet: Investment Portfolio and Insurance Conglomerate

balance sheet: Most of the gains came from its massive investment portfolio, though the value of its holdings are down slightly, according to CNN. The company also saw a huge increase of cash on its balance sheet. Berkshire Hathaway BRKB Warren Buffett's industrial and insurance conglomerate, said its net income jumped to 18.5 billion from 4.1 billion a year ago. Available cash soared to 36.5 billion at the end of September from 25.5 billion at the start of the year. The last time Berkshire bought its own stock was in December 2012. Berkshire also reported a rare stock buyback of 928 million after the board in July removed strict limits that essentially prohibited share repurchases. (news.financializer.com). As reported in the news.