|
The
Walt Disney Company and Subsidiaries
QUARTERLY FINANCIAL
SUMMARY
| (1) |
Reflects
a $345 million gain on the sale of Starwave in the first quarter
of 1999. The earnings per share impact of the gain was $0.10.
See Note 2 to
the Consolidated Financial Statements.
|
| (2) |
Reflects
Equity in Infoseek loss of $84 million, $75 million, $87 million
and $76 million for each of the four quarters in 1999, respectively.
The earnings per share impacts of the losses were $0.03, $0.02,
$0.02 and $0.02, respectively. See Notes 2
and 15 to the Consolidated
Financial Statements. |
| (3) |
Reflects
$132 million and $64 million of restructuring charges in the fourth
quarter of 1999 and 1998, respectively. The earnings per share impacts
of the charges were $0.04 and $0.02, respectively. See Note
14 to the Consolidated Financial Statements. |
| (4) |
Amounts have
been adjusted to give effect to the three-for-one split of the company’s
common shares effective June 1998. See Note
8 to the Consolidated Financial Statements. |
|
|
