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Untitled - David Kronemyer

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conP"d$troHrs<br />

KEY EVEilT3 O} I989<br />

o Achieved record soles, income from<br />

operolions, net income ond nel<br />

income per shore.<br />

o Completed on initiol public stock<br />

offering of 35 million shores in<br />

December. Listed on the Amsterdom<br />

ond New York siock exchonges.<br />

oAcquired lslond Records in July, ond<br />

ogreed io ocquire A&M Records, os of<br />

Jonuory 1990.<br />

Ftltalrctal<br />

HtcHttGHts<br />

All amo!n}l in millions o{ Nerherloids suildeB onle$ s}ored othe ise 1988 % Chonoe<br />

o Exponded music publishing with rhe<br />

ocquisition of the Welk Music Group,<br />

Sweden Music Publishing, ond the<br />

music publishing operotions of the<br />

lslond Group.<br />

lnGome Stotement Dqtq<br />

Net Soles<br />

4,t 05<br />

3,426<br />

20<br />

lncome from Operotions<br />

457<br />

339<br />

J)<br />

Net lncome<br />

333<br />

262<br />

Nel lncome per Shore {NLG)<br />

2.OA<br />

1.64<br />

27<br />

Bolonce Sheet Doto<br />

Totol Asseis<br />

Long-Term Debt<br />

3,693<br />

l5r<br />

2,944<br />

43<br />

25<br />

251<br />

Shoreholders'Equity<br />

937<br />

820<br />

t4

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