Washington Post 2000 Annual Report Download - page 22

The Washington Post Company 47
Other
Businesses
Newspaper Television Magazine Cable and Corporate
Publishing Broadcasting Publishing Television Education Office Consolidated
2000
Operating revenue...................................................... $ 918,234 $ 364,758 $ 416,421 $ 358,916 $ 353,821 $ — $ 2,412,150
Income (loss) from operations .................................... $ 114,435 $ 177,396 $ 49,119 $ 65,967 $ (41,846) $ (25,189) $ 339,882
Equity in losses of affiliates ......................................... (36,466)
Interest expense, net .................................................. (53,764)
Other expense, net ..................................................... (19,782)
Income before income taxes................................... $ 229,870
Identifiable assets....................................................... $ 684,908 $ 430,444 $ 452,453 $ 757,083 $ 482,014 $ 41,075 $ 2,847,977
Investments in marketable equity securities ................ 221,137
Investments in affiliates .............................................. 131,629
Total assets ............................................................ $ 3,200,743
Depreciation of property, plant, and equipment........... $ 38,579 $ 12,991 $ 5,059 $ 47,670 $ 13,649 — $ 117,948
Amortization of goodwill.............................................. $ 1,588 $ 14,135 $ 6,758 $ 30,069 $ 10,084 — $ 62,634
Pension credit (expense) ............................................ $ (5,579) $ 5,767 $ 37,341 $ (599) $ (667) — $ 36,263
Capital expenditures................................................... $ 33,117 $ 11,672 $ 1,858 $ 96,167 $ 29,569 — $ 172,383
1999
Operating revenue...................................................... $ 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, and 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 revenue...................................................... $ 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, and 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
(in thousands)