PPT Slide
Impact of the Transaction on
- News Corp’s cash investments into Stream/Sky Italy will approximate $550 million in fiscal 2003
- Gross debt at June 30, 2003 will increase by approximately $400 million from current levels
- Operating income effect will be approximately a reduction of $150-200 million in fiscal 2003
- No effect on News Corp.’s credit rating
Note: Assumes one Euro equal one US Dollar