Table of Contents
2Q 2006 Earnings Call July 25, 2006
Donald S. Rubin Senior Vice President, Investor Relations The McGraw-Hill Companies
“Safe Harbor” Statement Under The Private Securities Litigation Reform Act of 1995
Harold McGraw III Chairman, President and CEO The McGraw-Hill Companies
17.6% increase in EPS for 2Q 2006
Raising guidance for 2006 EPS
Abating concern over rising interest rates
McGraw-Hill Education Financial Services Information & Media
McGraw-Hill Education
2Q 2006 MHE revenue results mixed
School Education Group faces tougher comparisons in 2006
Estimate for 2006 state new adoption market
Emphasizing open territory sales in 2006
Growing opportunities in reading and math intervention
Growing opportunities in reading and math intervention
Achieving strong results in this year’s key secondary adoptions
Face tough second half comparisons in soft el-hi adoption market
Facing margin pressure in testing
Growth in study guide and state reporting markets
Technology key to improving margins in testing
Good year taking shape in U.S. college and university market
Outlook for McGraw-Hill Education
Outlook for McGraw-Hill Education
McGraw-Hill Education Financial Services Information & Media
Financial Services
The hallmark of a diversified portfolio
The hallmark of a diversified portfolio
Mixed residential mortgage-backed securities market
2Q: CDO’s major factor
2Q: Asset-backed securities softened
2Q: Surge in U.S. corporate market
2Q: Public finance market
Another strong quarter for S&P data and information
Continuing to leverage index products and services
Continuing to leverage index products and services
Outlook for Financial Services in second half of 2006
Outlook for Financial Services in second half of 2006
Outlook for Financial Services in second half of 2006
Outlook for Financial Services in second half of 2006
Outlook for Financial Services in second half of 2006
Update on regulatory issues and the rating agencies
Update on regulatory issues and the rating agencies
Outlook for Financial Services
McGraw-Hill Education Financial Services Information & Media
Information & Media
Broadcasting Group: Off to a fine start
2006 results for the Business-to-Business Group
Print and online advertising at BusinessWeek
BusinessWeek.com new homepage
BusinessWeek
Outlook for Information & Media
Summing up for The McGraw-Hill Companies
Raising guidance for 2006 EPS
Robert J. Bahash Executive Vice President and Chief Financial Officer The McGraw-Hill Companies
Stepped up share repurchases in 2Q
More share repurchases anticipated in second half
Key assumption for 2006 guidance
Outlook for debt/cash
Outlook for interest expense
Company began expensing stock options in 2006
Impact of incremental stock-based compensation
Outlook for corporate expense
Dilution from 2004 and 2005 acquisitions
Outlook for tax rate
Outlook for pre-publication investments
Outlook for CapEx for property and equipment
Outlook for non-cash charges
Outlook for non-cash charges
Outlook for non-cash charges
2Q 2006 Earnings Call July 25, 2006
2Q 2006 Earnings Call July 25, 2006
|