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					                                                                                                                  The Walt Disney Company

Financial Data ($ millions)          1984       1985       1986       1987       1988       1989       1990       1991       1992       1993       1994       1995       1996       1997     1998     1999     2000      2001     2002     2003     2004     2005
                                                                                                                                                   Lion
Revenue                             Eisner                                                                                                         King                  ABC
Parks & Resorts                       1097       1258       1524       1834       2042       2595       3020       2974       3307       3441       3464       3960       4502       5014     5532     6141     6809      7004     6465     6412     7750     9023
  Merch., Food, Bev.                                                                                                                                                                                   1860     2094      2046     1987     1987     2429     2879
  Admissions                                                                                                                                                                                           1878     2006      2050     1819     1887     2547     2771
Studio Entertainment                    245       320        512        876       1149       1588       2250       2594       3115       3673       4793       6001       6471       6981     6586     6176     6011      6106     6691     7364     8713     7587
Consumer Products                       110       123        130        167        247        411        574        724       1082       1425       1798       2151       3688       3782     3165     3126     2762      2590     2440     2344     2511     2127
Media Networks                            0         0          0          0          0          0          0          0          0          0          0          0       4078       6522     7433     8012     9836      9569     9733    10941    11778    13207
  Advertising                                                                                                                                                                                          5486     6637      5988     5566     6319     6611     7721
  Affiliate Fees                                                                                                                                                                                                          2466     3294     3682     4408     5098
Internet & Direct Mkt                    0          0          0          0          0          0          0          0          0          0          0          0          0        174      260       206      368         0        0        0        0        0
Total                                 1452       1701       2166       2877       3438       4594       5844       6292       7504       8539      10055      12112      18739      22490    22999    23455    25418     25172    25329    27061    30752    31944
  US & Canada                                                                                                                                                                                         19243    21113     20895    20770    22124    24012    24806
  Europe                                                                                                                                                                                               2587     2756      2599     2724     3171     4721     5207
  Asia Pacific                                                                                                                                                                                         1235     1154      1232     1325     1331     1547     1451
  Latin America & Other                                                                                                                                                                                 390      395       446      510      435      472      480
  vs. 20% growth target              #REF!      17.1%      27.3%      32.8%      19.5%      33.6%      27.2%       7.7%      19.3%      13.8%      17.8%      20.5%      54.7%      20.0%    2.3%      2.0%     8.4%     -1.0%     0.6%     6.5%    22.2%    26.1%
Operating Income
Parks & Resorts                         186       255        404        549        565        785        889        547        644        747        684        861        990       1136     1288     1494     1615       1586    1169       957    1123     1178
  Capital Expenditures                                                                                                                                                                                 1699     1524      1278      636      577     1008     1437
Studio Entertainment                        1      34         52        131        186        257        313        318        508        622        856       1074        895       1079      749      162       126       260     273       620     662      207
  Film & TV Costs                                                                                                                                                                                               4215      4015     4140     4564     5938     5427
  Capital Expenditures                                                                                                                                                                                    51       50        36      37        49      39       37
Consumer Products                        54        56         72         97        134        187        223        230        283        355        426        511        577        893      810       592      386       401     394       384     534      520
  Capital Expenditures                                                                                                                                                                                  114        73        70      58        44      14       10
Media Networks                              0          0          0          0          0          0          0          0          0          0          0          0     871       1699     1757     1512     1985       1758     986     1213     2169     2749
  Broadcasting                                                                                                                                                                                          571     1033        695     -37        37     245      464
  Cable                                                                                                                                                                                                 941     1015      1063     1023     1176     1924     2285
  Capital Expenditures                                                                                                                                                                                  168      249        207     151      203      221      228
Internet & Direct Mkt                       0          0          0          0          0          0          0          0          0          0          0          0          0     (56)     (94)     (93)    (402)         0       0         0        0        0
  Corp. Capital Exp.                                                                                                                                                                                    102      117        204     204      176      145      111
Total Op. Inc.                         241        345        528        777        885       1229       1425       1095       1435       1724       1966       2446       3333       4751    4510      3667     3710      4005     2822     3174     4488     4654
  US & Canada                                                                                                                                                                                          2934     3332      3045     1739     2113     2934     3512
  Europe                                                                                                                                                                                                409      471        533     499      591      892      688
  Asia Pacific                                                                                                                                                                                          383      320        437     545      518      566      377
  Latin America & Other                                                                                                                                                                                    4     (11)      (10)      39      (48)      96       77
Restructuring & Impairment                                                                                                                                                                             (172)      (92)   (1454)       0         0     (64)      (6)
Net Income                               98       174        247        445        522        703        824        637        817        300       1110       1380       1214       1966     1850     1300       920     (158)    1236     1267     2345     2533
Assets
Parks & Resorts                                                                                                                                                                                                10884     11369    11305    11067    15221    15807
Studio Entertainment                                                                                                                                                                                            7298      6614     7879     7832     6954     5965
Consumer Products                                                                                                                                                                                               1173      1041     1125      966     1037      877
Media Networks                                                                                                                                                                                                 21932     20357    26038    25883    26193    26926
Corporate                                                                                                                                                                                                       3740      4318     3698     4240     4497     3583
Intangible Assets*                                                                                                                                   311        318      18045      16011    15787    15695    16117      2736     2776     2786     2815     2731
Goodwill                                                                                                                                                                                                                 12106    17083    16966    16966    16974
Total Assets                          2739       2897       3121       3806       5109       6657       8022       9429      10862      11751      12826      14606      36626      38497    41378    43679    45027     43699    50045    49988    53902    53158
  US & Canada                                                                                                                                                                                                  43083     41850    47241    47177    46788    45809
  Europe                                                                                                                                                                                                        1545      1428     2355     2200     5370     5120
  Asia Pacific                                                                                                                                                                                                   281       292      329      484     1622     2110
  Latin America & Other                                                                                                                                                                                          118       129      120      127      122      119
Ratios
Operating Margin                     11.0%      17.0%      21.0%      25.0%      23.0%      24.0%      22.0%      16.0%      17.0%      18.0%      18.0%      19.0%      16.0%      18.0%    16.0%     0.0%     0.0%       0.0%    0.2%    -0.2%     0.3%     0.2%
ROA                                   3.6%       6.0%       7.9%      11.7%      10.2%      10.6%      10.3%       6.8%       7.5%       2.6%       8.7%       9.4%       3.3%       5.1%     4.5%     3.0%     2.0%      -0.4%    2.5%     2.5%     4.4%     4.8%
Total Equity                                                                                                                                                                        17285    19388    20975    24100     22672    23445    23791    23791    23791
vs. ROE (20% target)                  9.0%      15.0%      17.0%      24.0%      25.0%      26.0%      25.0%      17.0%      19.0%      6.0%       21.0%      23.0%      11.0%      11.4%     9.5%     6.2%     3.8%     -0.7%     5.3%     5.3%     9.9%    10.6%
Total Borrowings                                                                                                                                                                                      11693     9461       9769   14130    13100    13100    13100
Total Debt/Assets                    31.0%      28.0%      18.0%      15.0%       9.0%      13.0%      20.0%      23.0%      20.0%      20.0%      23.0%      20.0%      34.0%      29.0%    30.0%    26.8%    21.0%     22.4%    28.2%    26.2%    24.3%    24.6%
Stock Performance
Adj. Close (first day next year)       0.41      1.33       2.81       3.06       4.27       6.28       6.97       9.45      13.00      13.71      15.08      19.42      22.49      33.62    31.39    34.91    29.48     20.60    17.34    24.00     27.56    24.40

*Intangible Assets include rights to the name, likeness and portrait of Walt Disney, goodwill, trademark, FCC licenses, etc. and are amortized over periods ranging from two to forty years. 1996 includes $16,079 for costs in excess of ABC's
net assets aquired.




                                                                                                                               Fin Data
                                            The Walt Disney Company
                               Top Amusement Parks Worldwide (attendance in millions)

Rank Pak and Location                                 1983       1991       1999      CAGR      CAGR
                                                   Attendance Attendance Attendance 1983-1991 1991-1999
   1   Tokyo Disneyland                                    10.2       15.8       17.5     5.6%      1.3%
   2   Magic Kingdon, Walt Disney World, FL                12.6       18.0       15.2     4.5%     -2.1%
   3   Disneyland Anaheim, CA                               9.9       11.6       13.4     2.0%      1.8%
   4   Disneyland Paris                                      no         no       12.5
   5   Epcot, Wlatz Disney World, FL                       10.1       14.4       10.1     4.5%     -4.3%
   6   Disney-MGM Studios, FL                                no        6.8        8.7               3.1%
   7   Everland, Kyonggi-Do, South Korea                     na         na        8.6        na        na
   8   Animal Kingdom, Walt Disney World                     no         no        8.6        na        na
   9   Universal Studios Florida, Orlando                    no        6.9        8.1               2.0%
  10   Backpool (England) Pleasure Beach                     na         na        6.9        na        na
  11   Lotte World, Seoul, South Korea                       no        4.5        6.1               3.9%
  12   Yokohama (japan) Sea Paradise                         no         no        6.7
  13   Universal Studios, Universal City, CA                3.6        4.6        5.1     3.1%      1.3%
  14   Seaworld, Florida, Orlando                           3.0        3.9        4.7     3.3%      2.4%
  15   Huis Ten Boschm Sasebo, Japan                         no         no        4.0
  16   Nagashima Spa Land, Kuwana, Japan                     no         no        4.0
  17   Busch Gardens, Tampa Bay, FL                         3.0        2.9        3.9    -0.4%      3.8%
  18   Six Flags Great Adventure, Jackson, NJ               3.1        3.0        3.8    -0.4%      3.0%
  19   Seawood California, San Diego                        2.9        3.8        3.6     3.4%     -0.7%
  20   Knott's Berry Farm, Bueno Park, CA                   3.2        4.0        3.6     2.8%     -1.3%
  21   Universal's Islands of Adventure, Orlando             no         no        3.4
  22   Paramount's Kings Island, OH                         2.6        2.9        3.3     1.4%      1.6%
  23   Cedar Point, Sandusky, OH                            2.4        3.0        3.3     2.8%      1.2%
  24   Morey's Piers, Wildwood, NJ                           na         na        3.3        na        na
  25   Ocean Park, Hong Kong                                 na        2.5        3.3        na        na
  26   Six Flags Magic Mountain, Valencia, CA               2.5        3.2        3.2     3.1%      0.0%
  27   Suzuka (Japan) Circuit                                no         no        3.2
  28   Tivoli Gardens, Copenhagen, Denmark                  5.0        4.0        3.1    -2.8%     -3.1%
  29   Six Flag Great America, Gumee, IL                    2.3        2.6        3.1     1.5%      2.2%
  30   Santa Cruz Beach Boardwalk, CA                       2.3        3.0        3.0     3.4%      0.0%
  na   not available
  no   not yet open




                                     104eaee5-4a0d-463a-908f-088a7204ed08.xls
                              The Walt Disney Company


                                                                                    Box Office Rev.
Distributor               2001       2002       2003        2004        2005            (mill) 2005
Domestic Box Office Market Share in Percent
Warner*                     16.8%      21.2%     22.9%       17.5%       20.4%              $1,482
Fox                          9.5%      10.1%      8.4%        9.9%       15.3%              $1,354
Disney**                    21.8%      16.0%     24.0%       16.3%       14.6%              $1,290
Universal                   14.1%       9.5%     11.6%        9.5%       11.4%              $1,010
Sony                         9.2%      17.2%     13.0%       14.3%       10.4%                $918
Paramount                   10.6%       7.4%      7.1%        6.7%        9.4%                $832
Dreamworks                  10.3%       5.2%      3.0%       10.0%        5.7%                $502
Lion's Gate                                                   3.2%        3.2%                $284
MGM/UA                       1.4%       4.0%      4.0%        2.1%        2.1%                $182
Total                                                                                       $7,853

                                                                                        Avge. Rev.
Distributor              2001       2002        2003        2004        2005            (mill.) 2005
Number of Movie Releases
Warner                        36           38          33          32          29           $51.10
Fox                           13           14          16          14          18           $75.22
Disney**                      46           47          42          33          37           $34.86
Universal                     14           14          14          14          19           $53.17
Sony                          33           33          24          17          23           $39.90
Paramount                     16           20          15          14          12           $69.35
Dreamworks                    10            7           7          10           9           $55.76
Lion's Gate                                                        18          18           $15.78
MGM/UA                         7           19          15          15           9           $20.17

*Includes New Line Cinema
**Includes Buena Vista, Miramax, and Dimension; Dimension was part of Disney-owned Miramax
Source: http://www.boxofficemojo.com/studio/




                        104eaee5-4a0d-463a-908f-088a7204ed08.xls

				
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