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Reconciliation of GAAP Revenues to Pro Forma Revenues for November 2006 (In Thousands)

This report presents a detailed reconciliation of GAAP revenues to pro forma revenues, specifically for the eleven months ending November 26, 2006. It outlines revenues segmented into net advertising, circulation, and other categories, with figures reported for both the total revenues as per GAAP and the pro forma adjustments. The net advertising revenue amounts to $2,202,663, with circulation and other revenues contributing to a total pro forma revenue of $2,602,206, providing a clear picture of the financial performance of KR Newspapers in the first half of 2006.

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Reconciliation of GAAP Revenues to Pro Forma Revenues for November 2006 (In Thousands)

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  1. Reconciliation of GAAP Revenues to PRO FORMA Revenues Eleven months ended November 26, 2006 (in thousands) First Half 2006Retained KR Newspapers As Reported Pro Forma Revenues – Net Advertising $1,504,093 $ 698,570 $2,202,663 Circulation 225,899 100,405 326,304 Other 46,503 26,736 73,239 $ 825,711 $2,602,206 $1,776,495 Total Revenues

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