Berkshire's five-year read — and the number that changed

mentor: A single year is a snapshot; the shape across years is the story. Read a filer's revenue and net income over five annual reports and you see the trajectory — steady growth, a volatile bottom line, a year that broke the pattern.

One more thing hides in the series: a company restates prior-year figures in each new annual reportDefinitionForm 10-KThe audited annual report a US public company files with the SEC — the most complete single document about a business: audited financial statements, management's discussion, risk factors, and the auditor's own opinion. It is the primary source nearly every figure on Echelon grounds to.One 10-K = audited statements + MD&A + risk factors + auditor's reportDrivers: Assurance · Cadence · Restated comparativesFull definition →, so the same year read from an older filing and a newer one can differ. Below is Berkshire's five-year series, via SEC EDGAR. Describe its shape in your own period-disciplined sentences — and address the restatement.

Describe the shape across the fiscal years shown: where revenue and net income went, and which year broke the pattern. Name your period basis on every claim, cite only the filed figures, and address that one year was restated between filings.