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Last year, however, our look-through earnings did not grow at all but rather declined by 14%. To an extent, the decline was precipitated by two forces that I discussed in last year's report and that I warned you would have a negative effect on look-through earnings.

然而去年我们的透视盈余不但没有增加，反而减少了 14%，这样的下滑主要导源于去年年报就曾经向各位提过的两项因素，那时我就曾经警告各位那对我们的透视盈余将会有负面的影响。

I've told you that over time look-through earnings must increase at about 15% annually if our intrinsic business value is to grow at that rate. Indeed, since present management took over in 1965, our look-through earnings have grown at almost the identical 23% rate of gain recorded for book value.

我曾经告诉各位，长期而言，如果我们的实质价值也期望以这个幅度来成长的话，透视盈余每年也必须增加 15%，而的确过自从现有经营阶层于 1965 年接手后，公司的透视盈余几乎与帐面价值一样，以 23%的年复合成长率增加。

"Look-Through" Earnings We've previously discussed look-through earnings, which consist of:(1) the operating earnings reported in the previous section, plus;(2) the retained operating earnings of major investees that, under GAAP accounting, are not reflected in our profits, less;(3) an allowance for the tax that would be paid by Berkshire if these retained earnings of investees had instead been distributed to us.

Second， we recorded significantly lower - though 4 透视盈余之前我们曾经讨论过透视盈余，其主要的组成份子有(1)前段所提到的帐列盈余，加上(2)主要被投资公司的保留盈余，按一般公认会计原则未反应在我们公司帐上的盈余，扣除(3)若这些未反应的盈余分配给我们时，估计可能要缴的所得税。

But having said that, now AV distributors and Actress is not a very serious look at this kind of "half-baked that the withdrawal" of publicity, see Matsuuraひろみshock revived the example, and then take a look at Saekiさき and that the sea Mimi, as long as she wants to act her part, surely had no worries about no one will invest.

不过话说回来，现在AV片商和女优也不是非常认真看待这种「出道即引退」的宣传，看看松浦ひろみ电击复活的例子，再看看佐伯さき那对海咪咪，只要她又想演了，想必也不愁没人投资。

You don't have to look like a man but you do have to look like you mean business.

你不必看起来像某个人，但你必须看起来是认真的。

All the time. Yeah. Like they'll be moments where people will be like hey you look exactly like that girl from top model. and i'll be like "yes. I kinda am." and there will be moments where they just shout out my name and see if I react to it and then I'll look around LIke I'm a confused meerkat

时常。Yeah！有些时候他们会好像『嗨，你完全是Top model里的那个女孩』然后我就会『是，我好像是』还有些时候他们就大叫我的名字然后看看我的反应，我会四围看一下像很困惑的样子。

With the correct exercise and diet this can be attainable, and while you may be a bit upset that you have to work hard to look good while the true mesomorph looks that way naturally, at least you will still be fit and look good.

有了正确的锻炼和饮食，这一点是可以达到的。匀称体型的人生来看上去就那样，而你必须很努力才能做到，这一点可能会让你觉得有些郁闷，但至少你会很健康，看上去也会很不错。

You should be. Look at this mess. Look around.

你应该害怕，看你这烂摊子

Do you realize- You look at a painting-you look at a painting and Michelangelo's work.

你明白吗？你看那一幅米开朗兰基罗的杰作。

Gazelles are almost the only animals that look good to eat when they are still alive, in fact, one can hardly look at their hindquarters without thinking of a mint sauce.

动物中也恐怕只有瞪羚还活着时就让人觉得是美味佳肴。事实上，人们只要看到它们那两条后腿就会联想到薄荷酱。

Listen,point and check your answers.

听，指出并且检查你的答案。

Warming needle is one of effective treatment methods for knee arthralgia aggravated by cold,and it is simple,safety,so it should be developed in clinical acupuncture and moxibustion extensively.

但以本院科针灸门诊在2005年1月—2006年6月期间共收治膝痛患者100余例，经过临床的诊断后，其中施以温针治疗的48例，疗效显著，报道如下。1临床资料本组病例48