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SEC Filings

8-K
GRAHAM HOLDINGS CO filed this Form 8-K on 05/06/1994
Entire Document
 
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                          THE WASHINGTON POST COMPANY
               Notes to Unaudited Pro Forma Financial Information



(a)      Adjustment to reduce cash by the purchase price of $253,000,000 and to
         eliminate the cash of the Stations of $616,000 not purchased by the
         Registrant.

(b)      Adjustment to eliminate trade receivables and payables and other
         assets and accrued liabilities of the Stations not purchased or
         assumed by the Registrant.

(c)      Adjustment to reflect the allocation of the purchase price to tangible
         and intangible assets based on the estimated fair values of the assets
         acquired and to eliminate the goodwill of the Stations.

(d)      Adjustment to eliminate the equity of the Stations.

(e)      Adjustment to reflect the depreciation expense that would have been
         incurred based on the estimated fair value of the acquired property,
         plant and equipment and the assumed useful lives of 5 to 30 years.

(f)      Adjustment to amortize, over a period of 15 years, the excess of the
         purchase price over the estimated fair values of the acquired tangible
         assets and to eliminate the amortization of goodwill and other
         intangibles recorded by the Stations.

(g)      Adjustment to reflect the estimated decrease in interest income that
         would have been incurred if the purchase for $253,000,000 had occurred
         at the beginning of the year with an average interest rate of 3.13%.

(h)      Adjustment to reflect the estimated increase in the Registrant's tax
         provision.





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