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2001 Meredith Corporation
Financial Highlights

Years ended June 30
(In millions, except per share)

2001
2000

1999

Total revenues
1,053.2
1,097.2
1,036.1
EBITDA1,2
$ 213.4
$ 237.8
$ 220.4
Income from operations
$ 126.6
$ 161.3
$ 171.1
Earnings before nonrecurring items2
$ 79.7
$ 90.8
$ 91.4
  Diluted Per share
$ 1.55
$ 1.72
$ 1.70
Net earnings
$ 71.3
$ 71.0
$ 89.7
  Diluted Per share
$ 1.39
$ 1.35
$ 1.67
Dividends per share
$ 0.33
$ 0.31
$ 0.29
Stock price:
High
$ 38.97
$ 42.00
$ 48.50
Low
$ 26.75
$ 22.37
$ 26.69
Total assets
$ 1,437.7
$ 1,439.8
$ 1,423.4
Long-term debt (including current portion)
$ 470.0
$ 505.5
$ 530.0
Shareholders' equity3
$ 447.9
$ 422.5
$ 413.3
                           ...................................................................

1

EBITDA excludes nonrecurring items.

2  

Nonrecurring items include the following pre-tax amounts: write-down of broadcast rights of $9.9 million in fiscal 2001, $1.0 million in fiscal 2000 and $5.2 million in fiscal 1999; nonrecurring charges of $25.3 million in fiscal 2001 and $23.1 million in fiscal 2000; and gains from dispositions of $21.5 million in fiscal 2001 and $2.4 million in fiscal 1999.

3  

Shareholders' equity includes temporary equity in fiscal 2000 and fiscal 1999.
 



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