Date: Thu, 20 Nov 1997 21:26:54 GMT Server: Apache/1.1.1 Content-type: text/html Set-Cookie: Apache=heart25632880061214859; path=/ Content-length: 14033 Last-modified: Wed, 05 Feb 1997 21:43:19 GMT Rayonier Timberlands, L.P. - Earnings, Distributions And Other News RAYONIER TIMBERLANDS, L.P.

 

 

 

RAYONIER TIMBERLANDS, L.P.
FINANCIAL HIGHLIGHTS
SEPTEMBER 30, 1996 (unaudited)

(thousands of dollars, except per unit information)

Third Quarter
Ended September 30,

Nine Months
Ended September 30,

1996

1995

1996

1995

Sales $27,010

$26,029

$112,773

$111,449

Partnership income $15,811

$15,645

$77,742

$78,987

Income per publicly traded Class A Unit $0.94

$0.88

$4.21

$4.16

Operating cash flow allocable to a
publicly traded Class A Unit
 
$1.01

 
$0.93

 
$4.40

 
$4.35

 

 

 

 

RAYONIER TIMBERLANDS, L.P.
BUSINESS SEGMENT INFORMATION
SEPTEMBER 30, 1996 (unaudited)

(thousands of dollars, except volumes and per unit information)

Third Quarter
Ended September 30,

Nine Months
Ended September 30,

1996

1995

1996

1995

Timber and timberland sales
    Northwest $14,487 $14,670 $72,471 $64,069
    Southeast 12,523

11,359

40,302

47,380

    Total $27,010

$26,029

$112,773

$111,449

Operating income
    Northwest $8,507 $9,382 $55,285 $49,185
    Southeast 10,655 9,154 32,544 38,173
    Corporate and other (491)

(458)

(1,471)

(1,382)

    Total $18,671

$18,078

$86,358

$85,976

Partnership income $15,811

$15,645

$77,742

$78,987

Income per publicly
traded Class A Unit $0.94

$0.88

$4.21

$4.16

Operating cash flow allocable to a
publicly traded Class A Unit $1.01

$0.93

$4.40

$4.35

Northwest harvest volumes
    Stumpage, in millions of board feet 13.8 10.6 96.6 79.0
    Delivered logs, in millions of
    board feet
 
21.1

 
15.8

 
51.0

 
35.9

    Total 34.9

26.4

147.6

114.9

Southeast harvest volumes
    Pine, in thousands of short green tons 431.9 303.4 1,325.2 1,304.5
    Hardwoods, in thousands of short
    green tons
 
64.1

 
72.5

 
166.4

 
163.8

    Total 496.0

375.9

1,491.6

1,468.3

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