Washington Post 1999 Annual Report Download - page 10

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January 2, January 3,
(in thousands, except share amounts) 2000 1999
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable and accrued liabilities .................................................................... $254,105 $ 245,068
Deferred subscription revenue ................................................................................ 80,766 85,649
Short-term borrowings ....................................................................................... 487,677 58,362
822,548 389,079
Other Liabilities.................................................................................................. 273,110 261,896
Deferred Income Taxes ........................................................................................ 114,003 83,710
Long-Term Debt .................................................................................................... 397,620 395,000
1,607,281 1,129,685
Commitments and Contingencies
Redeemable Preferred Stock, Series A, $1 par value, with a
redemption and liquidation value of $1,000 per share; 23,000 shares authorized;
11,873 shares issued and outstanding.................................................................... 11,873 11,873
Preferred Stock, $1 par value; 977,000 shares authorized, none issued ................................ — —
Common Shareholders’ Equity
Common stock
Class A common stock, $1 par value; 7,000,000 shares
authorized; 1,739,250 shares issued and outstanding............................................... 1,739 1,739
Class B common stock, $1 par value; 40,000,000 shares authorized;
18,260,750 shares issued; 7,700,146 and 8,353,994 shares outstanding....................... 18,261 18,261
Capital in excess of par value ..................................................................................... 108,867 46,199
Retained earnings ................................................................................................. 2,769,676 2,597,217
Accumulated other comprehensive income (loss), net of taxes
Cumulative foreign currency translation adjustment .................................................... (4,889) (1,600)
Unrealized gain on available-for-sale securities......................................................... 5,269 41,980
Cost of 10,560,604 and 9,906,756 shares of Class B common stock held in treasury................ (1,531,133) (1,115,693)
1,367,790 1,588,103
$ 2,986,944 $ 2,729,661
The information on pages 44 through 55 is an integral part of the financial statements.
41THE WASHINGTON POST COMPANY