Media General, Inc.
CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited)
June 29,
December 29,
2003
2002
ASSETS
Current assets:
Cash and cash equivalents  $         10,465  $         11,279
Accounts receivable - net           103,754           112,399
Inventories               5,646  4,101
Other             25,111             32,773
       
 
Total current assets           144,976  160,552
Investments in unconsolidated affiliates 88,756 93,370
Other assets             56,014  68,140
Property, plant and equipment - net           361,084  372,719
Excess of cost over fair value of net identifiable assets of acquired businesses - net 832,004 832,004
FCC licenses and other intangibles - net           814,012  820,226
Total assets  $    2,296,846  $    2,347,011
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable  $         17,432  $         20,967
Accrued expenses and other liabilities             72,107             88,646
Income taxes payable               3,326               1,888
       
 
Total current liabilities             92,865           111,501
Long-term debt           591,943  642,937
Deferred income taxes           350,679  345,178
Other liabilities and deferred credits           184,916  188,141
Stockholders' equity        1,076,443  1,059,254
Total liabilities and stockholders' equity  $    2,296,846  $    2,347,011

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