<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AS OF AUGUST 31, 1997 AND THE CONSOLIDATED STATEMENT OF OPERATIONS FOR THE TWELVE MONTHS ENDED AUGUST 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> AUG-31-1997 <PERIOD-END> AUG-31-1997 <CASH> 209,951 <SECURITIES> 2,838 <RECEIVABLES> 106,961 <ALLOWANCES> 3,153 <INVENTORY> 0 <CURRENT-ASSETS> 351,954 <PP&E> 814,887 <DEPRECIATION> 375,236 <TOTAL-ASSETS> 984,136 <CURRENT-LIABILITIES> 76,705 <BONDS> 551,042 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 12,780 <OTHER-SE> 335,943 <TOTAL-LIABILITY-AND-EQUITY> 984,136 <SALES> 0 <TOTAL-REVENUES> 311,644 <CGS> 0 <TOTAL-COSTS> 203,250 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 32,851 <INCOME-PRETAX> 23,556 <INCOME-TAX> 7,241 <INCOME-CONTINUING> 16,315 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,315 <EPS-PRIMARY> .23 <EPS-DILUTED> .23