Washington Post 2004 Annual Report Download - page 36

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Post-Newsweek Media, Inc. has approximately 645 full-time and 160 part-time employees. Robinson Terminal Ware-
house Corporation (the Company's newsprint warehousing and distribution subsidiary), Greater Washington Publishing,
Express Publications Company and El Tiempo Latino LLC each employ fewer than 100 persons. None of these units'
employees is represented by a union.
Forward-Looking Statements
All public statements made by the Company and its representatives that are not statements of historical fact, including
certain statements in this Annual Report on Form 10-K and elsewhere in the Company's 2004 Annual Report to
Stockholders, are ""forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include comments about the Company's business strategies and objectives, the prospects for
growth in the Company's various business operations, and the Company's future financial performance. As with any
projection or forecast, forward-looking statements are subject to various risks and uncertainties that could cause actual
results or events to differ materially from those anticipated in such statements. In addition to the various matters discussed
elsewhere in this Annual Report on Form 10-K (including the financial statements and other items filed herewith), specific
factors identified by the Company that might cause such a difference include the following: changes in prevailing economic
conditions, particularly in the specific geographic and other markets served by the Company; actions of competitors,
including price changes and the introduction of competitive service offerings; changes in the preferences of readers,
viewers and advertisers, particularly in response to the growth of Internet-based media; changes in communications and
broadcast technologies; the effects of changing cost or availability of raw materials, including changes in the cost or
availability of newsprint and magazine body paper; changes in the extent to which standardized tests are used in the
admissions process by colleges and graduate schools; changes in the extent to which licensing or proficiency examinations
are used to qualify individuals to pursue certain careers; changes in laws or regulations, including changes that affect the
way business entities are taxed; and changes in accounting principles or in the way such principles are applied.
Available Information
The Company's Internet address is
www.washpostco.com
. The Company makes available free of charge through its
website its annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to
those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably
practicable after such documents are electronically filed with the Securities and Exchange Commission. In addition, the
Company's Certificate of Incorporation, its Corporate Governance Guidelines, the Charters of the Audit and Compensa-
tion Committees of the Company's Board of Directors, and the codes of conduct adopted by the Company and referred to
in Item 10 of this Annual Report on Form 10-K are each available on the Company's website; printed copies of such
documents may be obtained by any stockholder upon written request to the Secretary of the Company at
1150 15th Street, N.W., Washington, D.C. 20071.
Item 2. Properties.
WP Company owns the principal offices of
The Washington Post
in downtown Washington, D.C., including both a seven-
story building in use since 1950 and a connected nine-story office building on contiguous property completed in 1972 in
which the Company's principal executive offices are located. Additionally, WP Company owns land on the corner of 15th
and L Streets, N.W., in Washington, D.C., adjacent to
The Post
's office building. This land is leased on a long-term basis
to the owner of a multi-story office building that was constructed on the site in 1982. WP Company rents a number of
floors in this building. WP Company also owns and occupies a small office building on L Street which is connected to
The
Post
's office building. On December 22, 2003, WP Company sold a 35,000-square-foot lot on 15th Street next to the lot
containing
The Post
's office building.
WP Company owns a printing plant in Fairfax County, Virginia which was built in 1980 and expanded in 1998. That
facility is located on 19 acres of land owned by WP Company. WP Company also owns a printing plant and distribution
facility in Prince George's County, Maryland, which was built in 1998 on a 17-acre tract of land owned by WP Company.
In addition, WP Company owns undeveloped land near Dulles Airport in Fairfax County, Virginia (39 acres) and in Prince
George's County, Maryland (34 acres); both of these properties currently are under contract to be sold.
The Herald
owns its plant and office building in Everett, Washington; it also owns two warehouses adjacent to its plant and
a small office building in Lynnwood, Washington.
20 THE WASHINGTON POST COMPANY