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WESCO Financial 2005 Shareholder Report by Chidananda Sahu is a document available to read on EtoBox.

What is WESCO Financial 2005 Shareholder Report about?

Wesco Financial Corporation reported consolidated net operating income of $77,973,000 for 2005, up from $47,427,000 in 2004. Total consolidated net income was $294,579,000 in 2005 compared to $47,427,000 in 2004. The large increase was due to realized investment gains of $216,606,000 in 2005. Wesco has four major subsidiaries involved in insurance, furniture rental, and steel businesses. Insurance operations contributed $50,866,000 to operating income in 2005 compared to $40,920,000 in 2004.

Author

Chidananda Sahu

Language

EN