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The New York Times Company A Special Offer for Being a Valued Shareholder The New York Times Company 229 West 43rd Street New York, NY 10036 tel 212-556-1234 www.nytco.com The New York Times Manual of Style and Usage More than 6,000 entries on grammar, spelling, How Race Is Lived punctuation and word in America meaning as recommended to writers and editors of 2000Times Company Report Annual York The New Hailed as a landmark work The Times. Perfect for of journalism when it appeared writers, editors, students, as a series in The Times, researchers and all who “How Race Is Lived in America” love language. is now a landmark book, enhanced with interviews, $22.50 commentaries, poll data and personal reports by the reporters and photographers who worked on the original project. $27.50 Available in April 2001. To order, call (800) 671-4332. Mention that you read about this offer in the Company’s 2000 Annual Report and receive a 10% discount on all items. Prices do not include shipping and handling. For other New York Times products, visit our online store at www.nytimes.com/nytstore Information for your convenience The New York Times Company 229 W. 43rd St. New York, NY 10036 Corporate Communications Information (212) 556-4317 Company and financial for Investors information is available on our Web site at: www.nytco.com www.nytco.com 2000 ANNUAL REPORT Shareholder Stock Listing The Program assists and encour- Annual Meeting A Special Offer The New York Times Information Online The New York Times Company ages promising students whose The Annual Meeting of for Being a Guide to New York City www.nytco.com Class A Common Stock is parents may not have had the shareholders will be held on: Valued Shareholder Restaurants 2001 listed on the New York To stay up to date on the Times opportunity to attend college, Tuesday, April 17, 2001, (continued) Company, visit our Web site, Stock Exchange. to earn degrees from accredited at 10 a.m. Table of Contents 1 6 12 The New York Times where you will find news about Ticker symbol: NYT four-year colleges or universities. Guide to New York City Financial At a Glance Senior Management Team, the Company as well as share- Each scholarship provides up to It will take place at: 2001 Highlights Board of Directors, holder and financial information. Auditors $12,000 annually toward the New Amsterdam Theatre 8 Officers and Executives Deloitte & Touche LLP student’s education. 214 West 42nd Street The New York Times 2 The Year in Review Fax on Demand Two World Financial Center New York, NY 10036 Traveler’s Guide to Art To Our 13 Quarterly earnings releases and New York, NY 10281 The Foundation’s 2000 annual Museum Exhibitions 2001 Fellow Shareholders 10 Form 10-K other press releases are available report, scheduled for midyear Career Opportunities Company Listings via fax by calling toll-free Automatic Dividend publication, may be obtained The Company offers career These guides provide compre- (877) NYT-NEWS Reinvestment Plan upon request. opportunities in journalism, hensive information on the city’s The Company offers shareholders advertising, marketing, circula- restaurants, entertainment and In addition, the Times Company Office of the Secretary a plan for automatic reinvestment tion, production, information museums, including: more than is involved in worthwhile causes (212) 556-7531 of dividends in its Class A systems and finance.The 1,000 reviews by Times food in the communities it serves. Common Stock for additional Company is committed to critics as well as authoritative shares. For information, current a policy of providing equal The New York Times Company includes The New York Times newspaper, Corporate Communications The New York Times Neediest lists such as the best restaurants shareholders should call (800) employment opportunities (212) 556-4317 Cases Fund, administered by the according to the paper’s star- The Boston Globe, 15 other newspapers, eight network-affiliated 317-4445 or write: without regard to race, color, Foundation, raised $6.1 million ranking system and the best creed, national origin, gender, inexpensive restaurants in Investor Relations First Chicago Trust Company in its 1999-2000 campaign. television stations and two New York radio stations. It also operates age, marital status, sexual every neighborhood; information Catherine J. Mathis of New York orientation or disability. on shopping, theater, music, news, photo and graphic services as well as news and feature syndicates. Vice President A division of EquiServe The Boston Globe Corporate Communications Dividend Reinvestment Plan Foundations art, entertainment and more; Employment applicants and the complete exhibition A division of the Company, New York Times Digital, operates Internet (212) 556-1981 P.O. Box 2598 Catherine E.C. Henn should write to: Jersey City, NJ 07303-2598 President calendars for more than 350 museums in the U.S. and abroad. properties such as NYTimes.com, Boston.com and newyorktoday.com. Registrar, Stock Transfer www.equiserve.com P.O. Box 2378 Employment Department and Dividend Disbursing Boston, MA 01207-2378 The New York Times Company The Company has interests in two paper mills and the International Agent The New York Times (617) 929-2895 229 West 43rd Street Restaurants $14.95 If you are a registered share- Company Foundation, Inc. New York, NY 10036 Herald Tribune. holder and have a question 229 West 43rd St. In 2000 The Boston Globe about your account, or would New York, NY 10036 Foundations made grants totaling City/Museum Guide like to report a change in (212) 556-1091 $2.1 million to programs focused $16.95 each Core Purpose your name or address, please on youth in the areas of commu- For 2000 the Foundation made contact: nity services, public education, The core purpose of The New York Times grants totaling $5.0 million in arts and humanities, health and Company is to enhance society by creating, First Chicago Trust Company the areas of education, journalism, the environment. For more of New York cultural affairs, community ser- information on the Foundations’ collecting and distributing high-quality news, vices and the environment.The A division of EquiServe annual activities, please write To order, call (800) 671-4332. Company’s various businesses information and entertainment. P.O. Box 2500 to The Boston Globe’s public Mention that you read about this offer in the Company’s 2000 strengthened their ties to their Jersey City, NJ 07303-2500 relations department at the Annual Report and receive a 10% discount on all items. Prices communities through donations (800) 317-4445 above address or visit its Web do not include shipping and handling. Core Values to, or participation in, a variety site at www.boston.com/ For Internet access: of local causes. extranet/foundation. Our core values, those that are essential to the For other New York Times products, visit our online store http://gateway.equiserve.com In 2000 The New York Times at www.nytimes.com/nytstore. way we do business, are: College Scholarship Program, To access your account, you entered its second year. It is will need your issue number, funded by The New York Times content of the highest quality and integrity – account number, password Company Foundation and dona- (all of which can be requested by this is the basis for our reputation and the means tions from the public. contacting First Chicago Trust by which we fulfill the public trust and our cus- Company by phone or via its Web First Chicago Trust tomers’ expectations; site) and social security number. If you are a registered shareholder and have Company of New York a question about your A division of EquiServe For the hearing-impaired: account, or would like P.O. Box 2500 fair treatment of employees based on respect, (201) 222-4955 (TTDY) to report a change in Jersey City, NJ 07303-2500 accountability and standards of excellence; your name or address, (800) 317-4445 please contact our transfer agent: For the hearing-impaired: creation of long-term shareholder value through Design Executive Photography Printing (201) 222-4955 (TTDY) Shari Finger Fred R. Conrad,The New York Times Sandy Alexander investment and constancy of purpose, and http://gateway.equiserve.com Montage Artwork Montage Photography Copyright © 2001 good corporate citizenship. Javier Romero/Shari Finger Cover: PhotoDisc The New York Times Company EyeWire: Pages 8 & 9 All rights reserved FPG International: Pages 8 & 9 MTV.com: Page 9 In 2000, we continued to pursue our goal of becoming the leading content provider for those consumers and businesses on the edge of the knowledge economy.We are dedicated to becoming the global supplier of high- quality news and information in every form, and in every segment for the substantial audience of readers, viewers, listeners and browsers who depend upon knowledge in their personal and professional lives. Financial Highlights Revenues Dollars and Shares in Thousands, In Billions Except Per Share Data $3.5 3.0 2000 1999 % Change 2.5 Revenues and Income Revenues $3,489,455 $3,156,756 10.5% 2.0 EBITDA* 885,133 802,137 10.3% 1.5 Operating Profit 635,921 571,282 11.3% Net Income 397,536 310,177 28.2% 1.0 Financial Position 0.5 Total Assets $3,606,679 $3,495,802 3.2% $0.0 Long-term Debt and Capital Lease Obligations 636,866 598,327 6.4% 96 97 98 99 00 Common Stockholders’ Equity at Year-end 1,281,163 1,448,658 (11.6%) Per Share of Common Stock Diluted Earnings* 2.10 1.78 18.0% Diluted Earnings Dividends .45 .41 9.8% Per Share* Common Stockholders’ Equity at Year-end 7.47 8.08 (7.5%) $2.50 Key Ratios Return on Average Common Stockholders’ Equity* 27% 21% 2.00 Long-term Debt and Capital Lease Obligations to Total Capitalization 33% 29% 1.50 Current Assets to Current Liabilities .70 .91 Other 1.00 Full-time Equivalent Employees 14,000 13,400 4.5% Average Number of Common Shares Outstanding (Diluted) 171,597 179,244 (4.3%) 0.50 $0.00 96 97 98 99 00 All financial data are derived from the Company’s audited consolidated financial statements appearing in the Company’s 2000 Form 10-K.
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