Time Magazine 2009 Annual Report Download - page 150

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Time Warner Inc. S&P 500 Index
Former Peer Group Index New Peer Group Index
Dec 09
Jun 09
Dec 08
Jun 08
Dec 07
Jun 07
Dec 06
Jun 06
Dec 05
Jun 05
Dec 04
Comparison of Cumulative Total Returns
$0
$50
$100
$150
Value at
Company
Common
Stock
Former
Peer Group
Index
New
Peer Group
Index
S&P 500
Index
December 31, 2004 ............................. $100 $100 $100 $100
June 30, 2005 ................................. 86 91 89 99
December 31, 2005 ............................. 90 88 87 105
June 30, 2006 ................................. 90 97 99 108
December 31, 2006 ............................. 114 109 113 121
June 30, 2007 ................................. 111 111 114 130
December 31, 2007 ............................. 87 96 110 128
June 30, 2008 ................................. 79 83 89 113
December 31, 2008 ............................. 54 59 58 81
June 30, 2009 ................................. 61 59 60 83
December 31, 2009 ............................. 77 79 87 102
138