EXHIBIT 99.1
FINANCIAL AND STATISTICAL INFORMATION
Dated June 2, 2003
Carbonless Paper Shipments
(Tons per business day)
Qtr. 1 2002
1,564
Qtr. 2 2002
1,527
Qtr. 3 2002
1,552
Qtr. 4 2002
1,476
Qtr. 1 2003
1,379
Apr/May 2003
1,396
2002 Full Year Decline Rate - 8%
2003 YTD Decline Rate - 9%
Thermal Paper Shipments
(Tons per business day)
Qtr. 1 2002
277
Qtr. 2 2002
291
Qtr. 3 2002
286
Qtr. 4 2002
330
Qtr. 1 2003
286
Apr/May 2003
295
2002 Full Year Growth Rate - 8%
2003 YTD Growth Rate -
5%
Security Growth Rates
(% over prior year)
Qtr. 1 2002 vs. Qtr. 1 2001
32%
Qtr. 2 2002 vs. Qtr. 2 2001
45%
Qtr. 3 2002 vs. Qtr. 3 2001
8%
Qtr. 4 2002 vs. Qtr. 4 2001
24%
Qtr. 1 2003 vs. Qtr. 1 2002
13%
Apr/May 2002 vs. Apr/May 2001
45%
Apr/May 2003 vs. Apr/May 2002
23%
2002 Full Year Growth Rate -
26%
2003 YTD Growth Rate -
16%
Operating Company Debt Statistics
($ millions)
Operating
Consolidated
Co. Debt
Leverage Ratio
11/09/01
$528
2.80
03/31/02
$486
2.47
06/30/02
$450
2.23
09/29/02
$395
1.97
12/28/02
$364
1.86
03/30/03
$346
1.83
Excludes the Deferred Payment obligation
Consolidated Leverage Ratio as calculated in accordance with terms of Appleton’s Senior Credit Agreement
Key Ratios at 3/31/03
Consolidated Leverage Ratio
1.83
Consolidated Senior Leverage Ratio
0.70
Consolidated Interest Coverage Ratio
4.67
Consolidated Fixed Charge Coverage Ratio
1.73
Excludes the Deferred Payment obligation
Ratios as calculated in accordance with terms of Appleton’s Senior Credit Agreement
