Milliondollarmark,
Very hard to refer to underlying earnings of $242m when there was a loss reported of $2.05b which include writedowns of 2.3b. & basic earnings are reported as -257.27 cents, but I can see the assumptions you are making. I have pointed out before cashflow was $106m from operations & I feel that is a better way to state the quality of the business.
Regards
Buffett
