Washington Post 2000 Annual Report Download - page 10

The Washington Post Company 35
December 31, January 2,
(in thousands, except share amounts) 2000 2000
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable and accrued liabilities........................................................................................................... $ 273,076 $ 254,105
Deferred subscription revenue.......................................................................................................................... 85,721 80,766
Short-term borrowings...................................................................................................................................... 50,000 487,677
408,797 822,548
Postretirement Benefits Other Than Pensions..................................................................................................... 128,764 124,291
Other Liabilities................................................................................................................................................... 178,029 148,819
Deferred Income Taxes ........................................................................................................................................ 117,731 114,003
Long-Term Debt................................................................................................................................................... 873,267 397,620
1,706,588 1,607,281
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;
13,148 and 11,873 shares issued and outstanding........................................................................................... 13,148 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; 7,721,225 and 7,700,146 shares outstanding .............................. 18,261 18,261
Capital in excess of par value............................................................................................................................ 128,159 108,867
Retained earnings ............................................................................................................................................ 2,854,122 2,769,676
Accumulated other comprehensive income (loss), net of taxes
Cumulative foreign currency translation adjustment ...................................................................................... (6,574) (4,889)
Unrealized gain on available-for-sale securities ............................................................................................. 13,502 5,269
Cost of 10,539,525 and 10,560,604 shares of Class B common stock held in treasury ..................................... (1,528,202) (1,531,133)
1,481,007 1,367,790
$ 3,200,743 $ 2,986,944
The information on pages 38 through 50 is an integral part of the financial statements.