Table of Contents
3Q 2002 Earnings CallOctober 22, 2002
Donald S. RubinSenior Vice President, Investor RelationsThe McGraw-Hill Companies
“Safe Harbor” Statement Under The Private Securities Litigation Reform Act of 1995
Harold McGraw IIIChairman, President and CEOThe McGraw-Hill Companies
3Q ‘02 EPS tops consensus
Reaffirming 2002 guidance for double-digit gains
Financial ServicesMcGraw-Hill EducationInformation and Media Services
Financial Services
Important factors in assessing S&P Financial Services
Important factors in assessing S&P Financial Services
The ratings market
Ratings: Rapid growth overseas
S&P Corporate Governance Service for the U.S.
S&P Corporate Governance Service for the U.S.
S&P Financial Services
Index Services continues to expand
Index Services
Increasing visibility of S&P to the buy side
S&P Corporate Value Consulting
Financial Services
Financial ServicesMcGraw-Hill EducationInformation and Media Services
McGraw-Hill Education
McGraw-Hill Education
Another year of double-digit growth in the college, university market
Successfully combining texts and technology
International markets
School Education Group
Smaller adoption market in 2002
2002 el-hi open territory market
Factors contributing to decline in el-hi sales
Update on No Child Left Behind Act
No Child Left Behind Act
Broad-based product strategy effective for the el-hi market
Supplemental market:Mixed results in 2002
Testing market
McGraw-Hill Education
Financial ServicesMcGraw-Hill EducationInformation and Media Services
Information and Media Services
Information and Media Services
Some improvement in advertising
Broadcasting
Information and Media Services
Outlook for The McGraw-Hill Companies
Robert J. BahashExecutive Vice President and Chief Financial OfficerThe McGraw-Hill Companies
Debt declines from June peak
Interest expense
Worldwide restructuring program update
Change in effective tax rate
Cost containment
Pre-publication costs
Capital expenditures
Technology projects
Non-cash charges
Non-cash charges
Non-cash charges
Share repurchase program
3Q 2002 Earnings CallOctober 22, 2002
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