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10-K
GRAHAM HOLDINGS CO filed this Form 10-K on 03/29/1994
Entire Document
 
<PAGE>   51
                         THE WASHINGTON POST COMPANY
                         ---------------------------


                          TEN-YEAR SUMMARY OF SELECTED
                           HISTORICAL FINANCIAL DATA
                          ============================


See Notes to Consolidated Financial Statements for the summary of significant
accounting policies and additional information relative to the years 1991-1993.



<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------
(In thousands, except per share amounts)                                    1993              1992             1991    
- ----------------------------------------------------------------------------------------------------------------------
<S>                                                                    <C>               <C>              <C>          
RESULTS OF OPERATIONS                                                                                                  
  Operating revenues                                                   $  1,498,191      $ 1,450,867      $  1,380,261 
  Income from operations                                               $    238,980      $   232,112      $    192,866 
  Income before cumulative effect of changes in accounting                                                             
    principle                                                          $    153,817      $   127,796      $    118,721 
  Cumulative effect of change in method of accounting                                                                  
    for income taxes                                                         11,600               --                -- 
  Cumulative effect of change in method of accounting                                                                  
    for postretirement benefits other than pensions                              --               --           (47,897)
                                                                       ------------      -----------      ------------
  Net income                                                           $    165,417      $   127,796      $     70,824 
                                                                       ============      ===========      ============ 
PER SHARE AMOUNTS                                                                                                      
  Earnings per share                                                                                                   
    Income before cumulative effect of changes in accounting                                                           
      principle                                                              $13.10           $10.80            $10.00 
    Cumulative effect of change in method of accounting                                                                
      for income taxes                                                          .98               --                -- 
    Cumulative effect of change in method of accounting                                                                
      for postretirement benefits other than pensions                            --               --             (4.04)
                                                                             ------           ------            ------
    Net income                                                               $14.08           $10.80            $ 5.96 
                                                                             ======           ======            ======
  Cash dividends                                                             $ 4.20           $ 4.20            $ 4.20 
  Shareholders' equity                                                       $92.84           $84.17            $78.12 
                                                                                                                       
AVERAGE NUMBER OF SHARES OUTSTANDING                                         11,750           11,830            11,876 
                                                                                                                       
FINANCIAL POSITION                                                                                                     
  Current assets                                                       $    625,574      $   524,975      $    472,219 
  Working capital                                                           367,041          242,627           183,959 
  Property, plant and equipment                                             363,718          390,804           390,313 
  Total assets                                                            1,622,504        1,568,121         1,487,661 
  Long-term debt                                                             51,768           51,842            51,915 
  Shareholders' equity                                                    1,087,419          993,005           924,285 
</TABLE>



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