Washington Post 1999 Annual Report Download - page 22

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Education Businesses
Newspaper Television Magazine Cable and Career and Corporate
Publishing Broadcasting Publishing Television Services Office Consolidated
1999
Operating revenues ............................... $875,109 $ 341,761 $ 401,096 $ 336,259 $ 257,503 $ 3,843 $ 2,215,571
Income (loss) from operations ................... $156,731 $ 167,639 $ 62,057 $ 67,145 $ (37,998) $ (27,121) $ 388,453
Equity in losses of affiliates ...................... (8,814)
Interest expense, net .............................. (25,689)
Other income, net ................................. 21,435
Income before income taxes .................. $375,385
Identifiable assets ................................. $672,609 $ 444,372 $ 409,404 $ 718,230 $ 265,960 $132,688 $ 2,643,263
Investments in marketable equity securities ... 203,012
Investments in affiliates .......................... 140,669
Total assets ...................................... $2,986,944
Depreciation of property, plant & equipment ... $35,363 $ 11,719 $ 4,972 $ 43,092 $ 8,850 $ 239 $ 104,235
Amortization of goodwill ........................ $1,535 $ 14,248 $ 5,912 $ 30,007 $ 6,861 $ — $ 58,563
Pension credit (expense) .......................... $26,440 $ 8,191 $ 48,309 $ (597) $ (603) $ (57) $ 81,683
Capital expenditures .............................. $19,279 $ 17,839 $ 3,364 $ 62,586 $ 26,977 $ — $ 130,045
1998
Operating revenues ................................. $848,934 $ 357,616 $ 399,483 $ 297,980 $ 194,854 $ 11,492 $ 2,110,359
Income (loss) from operations ................... $139,032 $ 171,194 $ 44,524 $ 65,022 $ (7,453) $ (33,422) $ 378,897
Equity in losses of affiliates ...................... (5,140)
Interest expense, net .............................. (10,401)
Other income, net ................................. 304,703
Income before income taxes ................... $668,059
Identifiable assets.................................. $646,151 $ 437,506 $ 355,176 $ 710,641 $ 196,702 $ 58,839 $ 2,405,015
Investments in marketable equity securities ... 256,116
Investments in affiliates .......................... 68,530
Total assets ...................................... $2,729,661
Depreciation of property, plant & equipment ... $29,033 $ 11,378 $ 4,888 $ 37,271 $ 5,925 $ 753 $ 89,248
Amortization of goodwill ......................... $1,372 $ 14,368 $ 5,912 $ 24,178 $ 4,057 $ 2 $ 49,889
Pension credit....................................... $19,828 $ 6,256 $ 35,913 $ — $ — $ — $ 61,997
Capital expenditures .............................. $122,667 $ 14,492 $ 3,666 $ 80,795 $ 21,411 $ 1,188 $ 244,219
1997
Operating revenues ................................ $814,263 $ 338,373 $ 389,853 $ 257,732 $ 117,268 $ 38,764 $ 1,956,253
Income (loss) from operations ................... $154,512 $ 163,703 $ 42,719 $ 54,659 $ (8,436) $ (25,806) $ 381,351
Equity in earnings of affiliates .................. 9,955
Interest income, net ............................... 2,219
Other income, net ................................. 69,549
Income before income taxes ................... $463,074
Identifiable assets .................................. $522,210 $ 436,760 $ 323,573 $ 502,642 $ 75,045 $ 58,930 $ 1,919,160
Investments in marketable equity securities ... 3,366
Investments in affiliates .......................... 154,791
Total assets ...................................... $2,077,317
Depreciation of property, plant & equipment .. $20,234 $ 11,011 $ 4,484 $ 30,672 $ 3,699 $ 1,378 $ 71,478
Amortization of goodwill .......................... $874 $ 12,213 $ 136 $ 19,371 $ 936 $ 29 $ 33,559
Pension credit....................................... $6,843 $ 2,887 $ 20,497 $ — $ — $ — $ 30,227
Capital expenditures............................... $114,187 $ 11,651 $ 3,022 $ 73,156 $ 10,121 $ 2,436 $ 214,573
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