Exhibit 99.2
Entravision Communications Corporation
Proforma Results - Comparable to 2001
2000 Quarters
(unaudited, dollars in 000's)
The following information contains quarterly segment information adjusted for
disposition of assets, closing of VEA and non-recurring income explained in the
chart. These adjustments are recorded to provide results for 2000, which will
be comparable to the operating results of 2001.
Net Revenue Total
1Q 2Q 3Q 4Q 2000
-- -- -- -- ----
Reportable Total - 2000 44,355 61,485 58,149 56,506 220,495
Adjustments:
- -----------
Non recurring network compensation - TV (818) (2,103) (724) (3,645)
WUNI paid programming - TV (376) (320) (311) (190) (1,197)
WACA-AM LMA disposition - Radio (98) (97) (98) (97) (390)
Closing of print segment VEA - Print (139) (153) (237) (256) (785)
Television 16,083 21,438 21,112 22,908 81,541
Radio 14,227 19,548 19,150 17,702 70,627
Outdoor 8,006 12,387 11,446 9,957 41,796
Print 4,608 5,439 5,071 5,396 20,514
----------------------------------------------------------------------------------
Total Net Revenue 42,924 58,812 56,779 55,963 214,478
==================================================================================
Operating Expense (1)
1Q 2Q 3Q 4Q TOTAL
-- -- -- -- -----
Reportable Total - 2000 30,864 36,235 35,384 35,693 138,176
Adjustment:
- ----------
Closing of print segment VEA - Print (202) (189) (250) (247) (888)
Television 11,416 13,624 12,953 14,504 52,497
Radio 9,824 10,772 11,295 10,598 42,489
Outdoor 5,359 7,164 6,527 5,711 24,761
Print 4,063 4,486 4,359 4,633 17,541
----------------------------------------------------------------------------------
Total Operating Expense 30,662 36,046 35,134 35,446 137,288
==================================================================================
BROADCAST CASH FLOW (2)
1Q 2Q 3Q 4Q TOTAL
-- -- -- -- -----
Reportable total - 2000 13,491 25,250 22,765 20,813 82,319
Adjustments:
- -----------
Non recurring network compensation - TV (818) (2,103) (724) - (3,645)
WUNI paid programming - TV (376) (320) (311) (190) (1,197)
WACA-AM LMA disposition - Radio (98) (97) (98) (97) (390)
Closing of print segment VEA - Print 63 36 13 (9) 103
----------------------------------------------------------------------------------
Television 4,667 7,814 8,159 8,404 29,044
Radio 4,403 8,776 7,855 7,104 28,138
Outdoor 2,647 5,223 4,919 4,246 17,035
Print 545 953 712 763 2,973
----------------------------------------------------------------------------------
Total BROADCAST CASH FLOW 12,262 22,766 21,645 20,517 77,190
==================================================================================
EBITDA (3)
1Q 2Q 3Q 4Q TOTAL
-- -- -- -- -----
Reportable EBITDA - 2000 9,446 20,998 17,432 15,544 63,420
Adjustments:
- -----------
Non recurring network compensation - TV (818) (2,103) (724) - (3,645)
WUNI paid programming - TV (376) (320) (311) (190) (1,197)
WACA-AM LMA disposition - Radio (98) (97) (98) (97) (390)
Closing of print segment VEA - Print 63 36 13 (9) 103
----------------------------------------------------------------------------------
Revised EBITDA 8,217 18,514 16,312 15,248 58,291
==================================================================================
(1) Operating expense includes direct operating, selling, general and
administrative expenses. It does not include depreciation, amortization and
non-cash stock-based compensation.
(2) Broadcast cash flow is defined as net revenues less station operating
expenses.
(3) EBITDA is defined as broacast cash flow less corporate expenses.