iHeartMedia 2001 Annual Report Download - page 50

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50
Segment Reconciliations
(In thousands)
EBITDA as Adjusted *
As Reported
Years Ended December 31,
2000 1999
Radio Broadcasting $ 1,045,696 $ 499,692
Outdoor Advertising 650,898 468,096
Live Entertainment 73,472
Other 94,534 78,257
Corporate (142,627) (70,146)
Consolidated EBITDA as Adjusted * $ 1,721,973 $ 975,899
* See page 35 for cautionary disclosure
Pro Forma Revenue
Pro Forma
Years Ended December 31,
2000 1999
Radio Broadcasting $ 3,576,554 $ 3,118,825
Outdoor Advertising 1,830,940 1,617,917
Live Entertainment 971,197 851,974
Other 443,743 444,185
Eliminations (64,766) (37,790)
Consolidated Pro Forma Revenue $ 6,757,668 $ 5,995,111
Pro Forma Divisional Operating Expense
Pro Forma
Years Ended December 31,
2000 1999
Radio Broadcasting $ 1,948,749 $ 1,784,923
Outdoor Advertising 1,156,528 1,068,190
Live Entertainment 895,405 780,146
Other 304,260 292,876
Eliminations (64,766) (37,790)
Consolidated Pro Forma Divisional Operating Expense $ 4,240,176 $ 3,888,345
LIQUIDITY AND CAPITAL RESOURCES
We expect to fund anticipated cash requirements (including acquisitions, anticipated capital
expenditures, share repurchases, payments of principal and interest on outstanding indebtedness and
commitments) with cash flows from operations and various externally generated funds.