Washington Post 2006 Annual Report Download - page 83

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2006 results of the magazine publishing division also include The Company's foreign revenues in 2006, 2005 and 2004 totaled
revenue of $23.4 million and an operating loss of $8.8 million for approximately $347 million, $248 million and $209 million,
PostNewsweek Tech Media, up to the sale date of December 22, respectively, principally from Kaplan's foreign operations and the
2006. publication of the international editions of Newsweek. The Compa-
ny's long-lived assets in foreign countries (excluding goodwill and
Revenues from both newspaper and magazine publishing opera- other intangibles), principally in the United Kingdom, totaled
tions are derived from advertising and, to a lesser extent, from approximately $44 million at December 31, 2006 and $29 million
circulation. at January 1, 2006.
Television broadcasting operations are conducted through six VHF Income from operations is the excess of operating revenues over
television stations serving the Detroit, Houston, Miami, San Antonio, operating expenses. In computing income from operations by seg-
Orlando and Jacksonville television markets. All stations are net- ment, the effects of equity in earnings of affiliates, interest income,
work-affiliated (except for WJXT in Jacksonville) with revenues interest expense, other non-operating income and expense items,
derived primarily from sales of advertising time. and income taxes are not included.
Cable television operations consist of cable systems offering basic Identifiable assets by segment are those assets used in the Compa-
cable, digital cable, pay television, cable modem, telephony and ny's operations in each business segment. Investments in marketable
other services to subscribers in midwestern, western, and southern equity securities and investments in affiliates are discussed in
states. The principal source of revenues is monthly subscription fees Note C.
charged for services.
Corporate office includes the expenses of the Company's corpo-
rate office.
2006 FORM 10-K 67