Server: Netscape-Enterprise/2.0d Date: Thu, 18 Dec 1997 23:49:54 GMT Accept-ranges: bytes Last-modified: Fri, 17 Oct 1997 20:13:18 GMT Content-length: 3868 Content-type: text/html LIN Television Corp. 3rd Quarter 1997 Supplemental Financial Data
LIN TELEVISION CORPORATION
SUPPLEMENTAL FINANCIAL DATA
CONSOLIDATED STATEMENTS OF OPERATIONS AND BROADCAST CASH FLOW   
(In thousands)
(Unaudited)
                                                                                         12 Months
                                                                                           Ended     Third   Second    First    Fourth    Third
                                                                                          Sept 30,  Quarter  Quarter  Quarter  Quarter   Quarter
                                                                                            1997      1997    1997     1997      1996      1996
   Net revenues .......................................................................$  288,350 $ 71,911 $ 83,305 $ 61,662 $  71,472 $  68,780
   Operating costs and expenses:
     Direct operating expenses ........................................................    70,752   19,561   20,465   16,068    14,658    19,635
     S, G & A .........................................................................    63,521   15,142   17,918   16,325    14,136    14,990
     Corporate ........................................................................     7,070    1,751    1,852    1,698     1,769     1,921
     Amortization of program rights....................................................    15,246    4,025    3,601    4,058     3,562     3,492
     Depreciation and amortization of intangible assets...............                     23,832    6,303    6,304    6,396     4,829     6,364
     Tower write-offs.........................................................              2,697      -      2,697      -        -         -
    Total operating expenses ..........................................................   183,118   46,782   52,837   44,545    38,954    46,402
   Operating income ...................................................................$  105,232 $ 25,129 $ 30,468 $ 17,117 $  32,518 $  22,378
   Broadcast cash flow ................................................................$  142,226 $ 34,618 $ 42,078 $ 25,817 $  39,713 $  31,176
   Broadcast cash flow as a percentage
     of net revenues ..................................................................        49%      48%      51%      42%       56%       45%
   Net revenues                   Core business                                        $  252,264 $ 59,642 $ 70,094 $ 56,258 $  66,270 $  60,698
                                                                   LMA's                   36,086   12,269   13,211    5,404     5,202     8,082
                                                                   Total net revenues  $  288,350 $ 71,911 $ 83,305 $ 61,662 $  71,472 $  68,780
   Broadcast cash flow            Core business                                        $  135,539 $ 31,707 $ 39,262 $ 25,617 $  38,953 $  31,702
                                                                   LMA's                    6,687    2,911    2,816      200       760      (526)
                                                                   Total broadcast cash$  142,226 $ 34,618 $ 42,078 $ 25,817 $  39,713 $  31,176