Washington Post 2003 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2003 Washington Post 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 86

  • 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

(in thousands, except per share amounts) 2003 2002 % Change
Operating revenue $ 2,838,911 $2,584,203 + 10%
Income from operations $ 363,820 $377,590 – 4%
Net income
Before cumulative effect of change in accounting
principle in 2002 $ 241,088 $216,368 + 11%
After cumulative effect of change in accounting
principle in 2002 $ 241,088 $204,268 + 18%
Diluted earnings per common share
Before cumulative effect of change in accounting
principle in 2002 $ 25.12 $22.61 + 11%
After cumulative effect of change in accounting
principle in 2002 $ 25.12 $21.34 + 18%
Dividends per common share $ 5.80 $5.60 + 4%
Common shareholders’ equity per share $ 217.46 $193.18 + 13%
Diluted average number of common shares outstanding 9,555 9,523
Diluted Earnings
per Common Share
($)
Return on Average Common
Shareholders’ Equity
FINANCIAL HIGHLIGHTS
Operating Revenue
($ in millions)
Income from Operations
($ in millions)
Net Income
($ in millions)
2,212
2,410
2,411
2,584
2,839
388
340
220
378
364
226
136
230
204
241
01 The Washington Post Company
99
00
01
02
03
99
00
01
02
03
99
00
01
02
03
22.30
14.32
24.06
21.34
25.12
99
00
01
02
03
15.2%
9.5%
14.4%
11.5%
12.3%
99
00
01
02
03