Below we list our fifteen common stock investments that at yearend were our largest in market value. We exclude our Kraft Heinz holding — 325,442,152 shares — because Berkshire is part of a control group and therefore must account for that investment using the “equity” method. On its balance sheet, Berkshire carries the Kraft Heinz holding at a GAAP figure of $13.3 billion, an amount that represents Berkshire’s share of the audited net worth of Kraft Heinz on December 31, 2020. Please note, though, that the market value of our shares on that date was only $11.3 billion.
下表列出了我们年底市值最大的15笔普通股投资。我们没有把持有的325,442,152股卡夫亨氏 (Kraft Heinz) 列在其中，因为伯克希尔是其控股集团的成员之一，因此必须使用"权益法"来核算这笔投资。在伯克希尔的资产负债表上，卡夫亨氏的账面价值按通用会计准则为133亿美元，这一数字代表截至2020年12月31日伯克希尔在卡夫亨氏经审计净资产中所占的份额。但请注意，当天我们持有的股份市值仅为113亿美元。
