Washington Post 2007 Annual Report Download - page 94

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(In thousands) Education
Newspaper
Publishing
Television
Broadcasting
Magazine
Publishing
Cable
Television
Other
Businesses and
Corporate Office
Intersegment
Elimination Consolidated
2007
Operating revenues . ...............$2,030,889 $889,827 $339,969 $288,449 $ 626,446 $ 6,586 $(1,760) $4,180,406
Income (loss) from operations . . . .......$ 149,037 $ 66,434 $142,092 $ 31,388 $ 123,664 $ (35,599) $ — $ 477,016
Equity in earnings of affiliates . . . ....... 5,975
Interest expense, net. ............... (12,708)
Other income, net . . ............... 10,824
Income before income taxes. . . ....... $ 481,107
Identifiable assets . . ...............$1,930,525 $832,655 $464,815 $837,527 $1,205,374 $161,755 $ — $5,432,651
Investments in marketable equity securities . . . 469,459
Investments in affiliates . . . ........... 102,399
Total assets . . . . ............... $6,004,509
Depreciation of property, plant and
equipment . . . . . ...............$ 60,986 $ 38,659 $ 9,489 $ 2,177 $ 108,453 $ 1,475 $ — $ 221,239
Amortization expense ...............$ 14,670 $ 1,162 $ — $ — $ 442 $ 1,297 $ — $ 17,571
Pension credit (expense) . . ...........$ (3,536) $ (10,010) $ 888 $ 36,343 $ (1,405) $ — $ — $ 22,280
Capital expenditures ...............$ 97,123 $ 36,020 $ 17,688 $ 448 $ 138,258 $ 470 $ — $ 290,007
2006
Operating revenues . ...............$1,684,141 $961,905 $361,904 $331,045 $ 565,932 $ — $ — $3,904,927
Income (loss) from operations . . . .......$ 130,189 $ 63,389 $160,831 $ 27,949 $ 119,974 $ (42,528) $ — $ 459,804
Equity in earnings of affiliates . . . ....... 790
Interest expense, net. ............... (14,912)
Other income, net . . ............... 73,452
Income before income taxes. . . ....... $ 519,134
Identifiable assets . . ...............$1,569,404 $821,615 $458,751 $788,450 $1,178,132 $145,601 $ — $4,961,953
Investments in marketable equity securities . . . 354,728
Investments in affiliates . . . ........... 64,691
Total assets . . . . ............... $5,381,372
Depreciation of property, plant and
equipment . . . . . ...............$ 51,820 $ 35,729 $ 9,915 $ 2,640 $ 103,892 $ 1,299 $ — $ 205,295
Amortization expense and impairment
charge ......................$ 5,186 $ 1,168 $ — $ 9,864 $ 689 $ — $ — $ 16,907
Pension credit (expense) . . ...........$ (3,064) $ (56,785) $ 1,413 $ 34,704 $ (1,575) $ (2,900) $ — $ (28,207)
Capital expenditures ...............$ 74,510 $ 57,664 $ 8,800 $ 564 $ 142,484 $ — $ — $ 284,022
2005
Operating revenues . ...............$1,412,394 $957,082 $331,817 $344,894 $ 507,700 $ — $ — $3,553,887
Income (loss) from operations . . . .......$ 157,835 $125,359 $142,478 $ 45,122 $ 76,720 $ (32,600) $ — $ 514,914
Equity in losses of affiliates . ........... (881)
Interest expense, net. ............... (23,369)
Other income, net . . ............... 8,980
Income before income taxes. . . ....... $ 499,644
Identifiable assets . . ...............$1,256,604 $693,421 $420,154 $594,937 $1,122,654 $ 89,721 $ — $4,177,491
Investments in marketable equity securities . . . 329,921
Investments in affiliates . . . ........... 77,361
Total assets . . . . ............... $4,584,773
Depreciation of property, plant and
equipment . . . . . ...............$ 39,453 $ 36,556 $ 10,202 $ 2,801 $ 100,031 $ 1,500 $ — $ 190,543
Amortization expense ...............$ 5,595 $ 1,119 $ — $ — $ 764 $ — $ — $ 7,478
Pension credit (expense) . . ...........$ (2,365) $ (784) $ 2,939 $ 38,184 $ (1,252) $ — $ — $ 36,722
Capital expenditures ...............$ 84,257 $ 33,276 $ 8,557 $ 660 $ 111,331 $ 268 $ — $ 238,349
78 THE WASHINGTON POST COMPANY