Twenty-First Century Fox 2006 Annual Report Download - page 37

Download and view the complete annual report

Please find page 37 of the 2006 Twenty-First Century Fox annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 134

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134

Selected Financial Data
The selected consolidated financial data should be read in conjunction with “Management’s Discussion andAnalysis of
Financial Condition and Results of Operations” and “Financial Statements and Supplementary Data” and the other finan-
cial information included elsewhere herein.
2006(1) 2005(1) 2004(1) 2003(2) 2002(3)
For the years ended June 30, (in millions, except per sharedata)
Statement of Operations Data:
Revenues $25,327 $23,859 $20,802 $17,380 $15,070
Operating income 3,868 3,564 2,931 2,380 176
Income (loss) from continuing operations 2,812 2,128 1,533 822 (7,629)
Net income (loss) 2,314 2,128 1,533 822 (7,691)
Basic income (loss) from continuing operations per share:(4)(5)
Class A$0.92 $0.74 $0.58 $0.33 $(3.32)
Class B$0.77 $0.62 $0.49 $0.28 $ (2.77)
Diluted income (loss) from continuing operations per share:(4)(5)
Class A$0.92 $0.73 $0.58 $0.33 $(3.32)
Class B$0.77 $0.61 $0.48 $0.28 $ (2.77)
Basic earnings (loss) per share:(4)(5)
Class A$0.76 $0.74 $0.58 $0.33 $(3.35)
Class B$0.63 $0.62 $0.49 $0.28 $ (2.79)
Diluted earnings (loss) per share:(4)(5)
Class A$0.76 $0.73 $0.58 $0.33 $(3.35)
Class B$0.63 $0.61 $0.48 $0.28 $ (2.79)
Cash dividend per share:(4)(5)(6)
Class A$0.13 $0.10 $0.10 $0.09 $0.08
Class B$0.13 $0.04 $0.04 $0.04 $0.03
2006 2005 2004 2003 2002
As of June 30, (in millions)
Balance Sheet Data:
Cash and cash equivalents $5,783 $6,470 $4,051 $4,477 $3,574
Total assets 56,649 54,69248,343 42,149 36,898
Borrowings and perpetual preference shares(7) 11,427 10,999 10,509 10,003 9,840
(1) See Notes 3, 6and8totheConsolidated Financial Statements of News Corporation for information with respect to
significant acquisitions, disposals, change in accounting and other transactions during fiscal 2006, 2005 and 2004.
(2) Fiscal 2003 results include the Company’s acquisition of WPWR-TV for approximately $425 million. Fiscal 2003 results
also include the Company’s acquisition of 80% of Telepiu, S.p.A. (“Telepiu”) for approximately $874 million. Telepiu
was merged with Stream S.p.A., (“Stream”) and the combined platform was renamed SKY Italia. As a result of the
acquisition, commencing April 30, 2003, the Company ceased to equity account itsshare of Stream’s results.
(3) Fiscal 2002 results include the Company’s $6.1 billion write-down of Gemstar-TV Guide and the $958 million Other
operating chargeforthewrite-down of the Company’s national and international sports contracts. Fiscal 2002 results
also include the Company’s acquisition of Chris-Craft Industries, Inc. for approximately $5 billion ($2 billion in cash
and $3 billion in the Company’s Class Acommon stock, par value $0.01 per share (“Class ACommon Stock”)) and the
sale of its interestinFox Family Worldwide to The Walt Disney Company (“Disney”) for total consideration of
approximately $1.6 billion, which resulted in apre-tax gain of approximately $1.3 billion.
(4) Basic and diluted earnings (loss) from continuing operations per share, basic and diluted earnings (loss) per share and
cash dividend per sharereflect per share amounts based on the adjustedshare amounts to reflect the November 12,
2004 one-for-two share exchange in the reincorporation of News Corporation.
ANNUAL REPORT 37