Exhibit 99.2 R. R. DONNELLEY & SONS COMPANY AND SUBSIDIARIES Quarterly Consolidated Statement of Income (Thousands of dollars except share data) Quarter ended ----------------------------------------------------- Year ended Mar. 31 June 30 Sept. 30 Dec. 31 Dec. 31, 1996 ---------- ---------- ---------- ---------- ------------- Net sales $1,177,622 $1,202,153 $1,248,702 $1,404,708 $5,033,185 Cost of sales 975,478 955,820 997,955 1,133,006 4,062,259 ---------- ---------- ---------- ---------- ---------- Gross profit 202,144 246,333 250,747 271,702 970,926 Selling and administrative expenses 133,625 137,868 117,606 129,189 518,288 Restructuring and impairment charges 426,825 14,884 -- -- 441,709 ---------- ---------- ---------- ---------- ---------- Earnings from operations (358,306) 93,581 133,141 142,513 10,929 Other income (expense): Interest expense (25,083) (24,713) (21,818) (23,868) (95,482) Gain on stock offerings of subsidiaries -- 44,158 -- 35,883 80,041 Other income (expense), net 15,119 (2,171) (371) 4,244 16,821 ---------- ---------- ---------- ---------- ---------- (Loss) income before income taxes (368,270) 110,855 110,952 158,772 12,309 Provision for income taxes (41,947) 37,487 35,057 53,195 83,792 ---------- ---------- ---------- ---------- ---------- (Loss) income from continuing operations (326,323) 73,368 75,895 105,577 (71,483) (Loss) income from discontinued operations, net (50,596) (19,093) (8,025) (8,428) (86,142) ---------- ---------- ---------- ---------- ---------- Net (loss) income $ (376,919) $ 54,275 $ 67,870 $ 97,149 $ (157,625) ========== ========== ========== ========== ========== (Loss) income from Continuing Operations per Share of Common Stock Basic $ (2.12) $ 0.48 $ 0.50 $ 0.72 $ (0.47) Diluted (2.12) 0.47 0.49 0.71 (0.47) Net (loss) income per Share of Common Stock Basic $ (2.45) $ 0.35 $ 0.45 $ 0.66 $ (1.04) Diluted (2.45) 0.35 0.44 0.65 (1.04)