Harry Potter All Books Pdf In Hindi Free Download
The easiest way to get free Harry Potter books is to borrow the physical books from a friend, family member, or even a stranger. I have no doubt in my mind that, if you quickly posted a request on social media, someone would gladly lend or give them to you. Sometimes, all you have to do is ask!
Harry Potter All Books Pdf In Hindi Free Download
If your library does not have Hoopla, or even if you are struggling to obtain the books otherwise from your own local library, you may need to get creative in order to get the Harry Potter books free from the library.
While Amazon Prime is a paid subscription, if you are already a member, you can lend digital books online via the member benefit of Prime Reading for no extra charge. And if you are not already an Amazon Prime member, you can try it free for 30 days.
Audible Plus allows members to listen to an unlimited selection of audiobooks, original recordings, podcasts, meditations, and more from a specific catalog. You can cancel Audible Plus at any time, but after your 30-day free trial, Audible Plus will cost you a fee per month.
At the time of posting, the entire Harry Potter series of seven books can be listened to as part of the Audible Premium Plus membership. So, technically, you can redeem your credit for one Harry Potter book during your free trial period.
If you find yourself at this point and have already used your Kindle Unlimited free trial, then my best recommendation is to just go ahead and sign up for a month of Kindle Unlimited. This might not give you a Harry Potter free ebook, but it is one of the cheapest ways to borrow Harry Potter books immediately.
Consolidated Statements of Cash Flows (Amountsin millions)Years ended May 31, 2003 2002 2001 Cashflows provided by operating activities: Netincome $ 58.6 $ 93.5 $ 36.3 Adjustmentsto reconcile net income to net cash provided by operating activities: Amortizationof prepublication and production costs 61.0 50.2 68.8 Depreciationand amortization 46.1 36.6 42.4 Royaltyadvances expensed 31.6 26.6 28.7 Deferredincome taxes 12.3 18.0 (15.1) Non-cashportion of Cost of goods sold - Special Literacy Place and other charges — — 71.4 Non-cashportion of Cumulative effect of accounting change — 8.1 — Changesin assets and liabilities: Accountsreceivable, net (17.9) (14.1) 22.5 Inventories (16.7) (7.3) (25.7) Deferredpromotion costs (7.5) (0.5) (1.6) Prepaidand other current assets 12.3 5.5 (22.0) Accountspayable and other accrued expenses 21.5 (42.5) (17.7) Accruedroyalties and deferred revenue (4.1) (6.0) 4.4 Taxbenefit realized from stock option transactions 0.3 8.8 6.9 Other,net (18.3) (12.3) 6.3 Totaladjustments 120.6 71.1 169.3 Netcash provided by operating activities 179.2 164.6 205.6 Cashflows used in investing activities: Additionsto property, plant and equipment (83.9) (78.4) (90.5) Prepublicationcosts (55.7) (53.5) (54.5) Royaltyadvances (30.3) (31.7) (25.5) Equityinvestment and related loan (23.3) — — Productioncosts (15.5) (13.0) (13.7) Acquisition-relatedpayments (10.2) (66.7) (396.4) Proceedsfrom sale of investment 5.2 — — Other (0.3) 4.8 3.3 Netcash used in investing activities (214.0) (238.5) (577.3) Cashflows provided by financing activities: Borrowingsunder Loan Agreement and Revolver 521.1 835.2 552.3 Repaymentsof Loan Agreement and Revolver (571.1) (785.2) (558.1) Borrowingsunder Grolier Facility 138.0 — 350.0 Repaymentsof Grolier Facility (188.0) (300.0) — Proceedsreceived from issuance of 5.75% Notes, net of related costs — 296.7 — Proceedsreceived from issuance of 5% Notes, net of related costs 171.3 — — Borrowingsunder lines of credit 184.7 151.8 100.1 Repaymentsof lines of credit (183.7) (150.7) (90.7) Proceedspursuant to employee stock plans 5.1 22.8 24.2 Other 5.4 0.2 (1.3) Netcash provided by financing activities 82.8 70.8 376.5 Effectof exchange rate changes on cash (0.1) 0.0 0.0 Netincrease (decrease) in cash and cash equivalents 47.9 (3.1) 4.8 Cashand cash equivalents at beginning of year 10.7 13.8 9.0 Cashand cash equivalents at end of year $ 58.6 $ 10.7 $ 13.8 Supplementalinformation: Incometaxes paid $ 14.6 $ 27.5 $ 58.6 Interestpaid $ 32.5 $ 28.0 $ 43.5 Seeaccompanying notes 33Notes to Consolidated Financial Statements(Amounts in millions,except share and per share data) 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESPrinciples of consolidationThe consolidated financial statements include the accounts of Scholastic Corporation and all wholly-owned subsidiaries (the “Company”).All significant intercompany transactions are eliminated. Use of estimatesThe Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in theUnited States. The preparation of these financial statements involves the use of estimates and assumptions by management, which affect the amounts reported in theconsolidated financial statements and accompanying notes. The Company bases its estimates on historical experience, current business factors, and various otherassumptions believed to be reasonable under the circumstances, all of which are necessary in order to form a basis for determining the carrying values of assetsand liabilities. Actual results may differ from those estimates and assumptions. On an on-going basis, the Company evaluates the adequacy of its reserves and theestimates used in calculations, including, but not limited to: collectability of accounts receivable; sales returns; amortization periods; pension obligations; andrecoverability of inventories, deferred promotion costs, prepublication costs, royaltyadvances, goodwill and other intangibles. Revenue recognitionThe Company’s revenue recognition policies for itsprincipal businesses are as follows: School-Based Book Clubs — Revenue from school-basedbook clubs is recognized upon shipment of the products.School-Based Book Fairs — Revenue from school-basedbook fairs is recognized ratably as each book fair occurs.Continuities — The Company operates continuityprograms whereby customers generally place a single order and receive multiple shipmentsof books over a period of time. Revenue from continuitiesis recognized at the time of shipment or, in applicable cases, upon customer acceptance.Reserves for estimated returns are established at the time of sale and recordedas a reduction to revenue. Actual returns are charged to the reserve as received.The calculation of the reserve for estimated returns is based on historical returnrates and sales patterns.Trade — Revenue from the sale of children’sbooks for distribution in the retail channel primarily is recognized at the timeof shipment, which generally is when title transfers to the customer. A reservefor estimated returns is established at the time of sale and recorded as a reductionto revenue. Actual returns are charged to the reserve as received. The calculationof the reserve for estimated returns is based on historical return rates and salespatterns.Film Production and Licensing — Revenue fromthe sale of film rights, principally for the home video and domestic and foreignsyndicated television markets, is recognized when the film has been delivered andis available for showing or exploitation. Licensing revenue is recorded in accordancewith royalty agreements at the time the licensed materials are available to thelicensee and collections are reasonably assured.Magazines — Revenue is deferred and recognizedratably over the subscription period, as the magazines are delivered.Educational Publishing — For shipments to schools,revenue is recognized on passage of title, which generally occurs upon receipt bythe customer. Shipments to depositories are on consignment. Revenue is recognizedbased on actual shipments from the depositories to the schools. For certain software-basedproducts, the Company offers new customers installation and training. In such cases,revenue is recognized when installation and training are complete.Magazine Advertising — Revenue is recognizedwhen the magazine is on sale and available to the subscribers.Scholastic In-School Marketing — Revenue isrecognized when the Company has satisfied its obligations under the program andthe customer has acknowledged acceptance of the product or service.34Cash equivalentsCash equivalents consistof short-term investments with original maturities of less than three months. Accounts receivableAccounts receivable are recorded net of allowances fordoubtful accounts and reserves for returns. In the normal course of business, theCompany extends credit to customers that satisfy predefined credit criteria. TheCompany is required to estimate the collectability of its receivables. Reservesfor returns are based on historical return rates and sales patterns. Allowancesfor doubtful accounts are established through the evaluation of accounts receivableagings and prior collection experience to estimate the ultimate realization of thesereceivables.InventoriesInventories, consisting principally of books, are statedat the lower of cost, using the first-in, first-out method, or market. The Companyrecords a reserve for excess and obsolete inventory based primarily upon a calculationof forecasted demand utilizing the historical sales patterns of its products.Deferred promotion costsDeferred promotion costs represent direct mail and telemarketing promotion costs incurred to acquire customers in the Company’s continuity andmagazine businesses. Promotional costs are deferred when incurred and amortized in the proportion that current revenues bear to estimated total revenues. The Companyregularly evaluates the operating performance of the promotions over their life cycle based on historical and forecasted demand and adjusts the carrying value accordingly.All other advertising costs are expensed as incurred, except for certain direct marketing and telemarketing promotion costs that are deferred as discussedabove. Property, plant and equipmentProperty, plant and equipment are carried at cost. Depreciationand amortization are recorded on a straight-line basis. Buildings have an estimateduseful life, for purposes of depreciation, of forty years. Furniture, fixtures andequipment are depreciated over periods not exceeding ten years. Leasehold improvementsare amortized over the life of the lease or the life of the assets, whichever isshorter. Interest is capitalized on major constructionprojects based on the outstanding construction-in-progress balance for the periodand the average borrowing rate during the period.Prepublication costsThe Company capitalizes the art, prepress, editorial and other costs incurred in the creation of the master copy of a book or other media(the “prepublication costs”). Prepublication costs are amortized ona straight-line basis over a three to seven year period. The Company regularlyreviewsthe recoverability of the capitalized costs. Royalty advancesThe Company records a reserve for the recoverability ofits outstanding advances to authors based primarily upon historical earndown experience.Royalty advances are expensed as related revenues are earned or when future recoveryappears doubtful.Goodwill and other intangiblesEffective June 1, 2001, the Company adopted Statement of Financial Accounting Standards (“SFAS”) No. 142, “Goodwill and OtherIntangible Assets,” under which goodwill and other intangible assets with indefinitelives are no longer amortized. The Company reviews its goodwill and non-amortizableintangibles on an annual basis for impairment, or more frequently if impairmentindicators arise, in accordance with the provision of SFAS No. 142. Priorto adoption of SFAS No. 142, the Company amortized goodwill and other intangibleassetsover their estimated useful lives. Income taxesThe Company uses the asset and liability method of accountingfor income taxes. Under this method, deferred tax assets and liabilities are determinedbased on differences between financial reporting and tax bases of assets and liabilitiesand are measured using enacted tax rates and laws that will be in effect when thedifferences are expected to enter into the determination of taxable income.Noncurrent LiabilitiesAll of the rate assumptions discussed below impact theCompany’s calculations of its pension and post-retirement obligations. Therates applied by the Company are based on the portfolios’ past average ratesof return and discussions with actuaries. Any change in market performance, interestrate 35performance, assumed health care costs trend rate, or compensation rates could result in significant changes in the pension and post-retirement obligations.Pension obligations—ScholasticCorporation and certain of its subsidiaries have defined benefit pension plans coveringthe majority of its employees who meet certain eligibility requirements. The Companyfollows SFAS No. 87, “Employers’ Accounting for Pensions,” in calculatingthe existing benefit obligations and net cost under the plans. These calculationsare based on three primary actuarial assumptions: the discount rate, the long-termexpected rate of return on plan assets, and the anticipated rate of compensationincreases. The discount rate is used in the measurement of the projected, accumulatedand vested benefit obligations and the service and interest cost components of netperiodic pension costs. The long-term expected return on plan assets is used tocalculate the expected earnings from the investment or reinvestment of plan assets.The anticipated rate of compensation increase is used to estimate the increase incompensation for participants of the plan from their current age to their assumedretirement age. The estimated compensation amounts are used to determine the benefitobligations and the service cost. Pension benefits in the U.S. cash balance planare based on formulas in which the employees’ balances are credited monthlywith interest based on 1-year U.S. Treasury Bills plus 1%. Contribution creditsare based on employees’ years of service and compensation levels during theiremployment period.Other post-retirement benefits—Scholastic Corporationprovides post-retirement benefits including healthcare and life insurance benefitsto retired U.S. employees. A majority of the Company’s U.S. employees may becomeeligible for these benefits if they reach normal retirement age while working forthe Company. The post-retirement medical plan benefits are funded on a pay-as-you-gobasis. The Company follows SFAS No. 106, “Employers’ Accounting for Post-RetirementBenefits Other than Pensions,” in calculating the existing benefit obligation,which is based on the discount rate and the assumed health care cost trend rate.The discount rate is used in the measurement of the expected and accumulated benefitobligations and the service and interest cost components of net periodic post-retirementbenefit cost. The assumed health care cost trend rate is used in the measurementof the long term expected increase in medical claims.Foreigncurrency translationThe Company’s non-U.S. dollar denominated assets andliabilities are translated into United States dollars at prevailing rates at thebalance sheet date and the revenues, costs and expenses are translated at the averagerates prevailing during each reporting period. Net gains or losses resulting fromthe translation of the foreign financial statements and the effect of exchange ratechanges on long-term intercompany balances are accumulated and charged directlyto the foreign currency translation adjustment component of stockholders’ equity. ReclassificationsCertain prior year amounts have been reclassified to conformto the current year presentation.Earnings per shareBasic earnings per share is based on the weighted averageshares of Class A Stock and Common Stock outstanding. Diluted earnings per shareis based on the weighted average shares of Class A Stock and Common Stock outstandingadjusted for the impact of potentially dilutive securities outstanding. The dilutiveimpact of options outstanding is calculated using the treasury stock method, whichtreats the Common Stock issuable upon the exercise of the options outstanding asif they were exercised at the beginning of the period, adjusted for Common Stockassumed to be repurchased with the proceeds and tax benefit realized upon exercise.The dilutive impact of convertible debt outstanding is calculated on an if-convertedbasis, adjusting for interest foregone and Common Stock issuable upon conversionof the debt as if it was converted at the beginning of the period. Any potentiallydilutive security is excluded from the computation of diluted earnings per sharefor any period in which it has an anti-dilutive effect.Stock-based compensationUnder the provisions of SFAS No. 123, “Accountingfor Stock-Based Compensation,” the Company applies Accounting Principles BoardOpinion No. 25, “Accounting for Stock Issued to Employees” (“APB25”), and related interpretations in accounting for its stock option plans.In accordance with APB 25, no compensation expense was recognized with respect tothe Company’s stock option plans, as the exercise price of the Company’sstock options was equal to the market price of the underlying stock on the dateof grant and the exercise price and number of shares subject to grant were fixed. 36If the Company had elected to recognize compensation expense based on the fair value of the options granted at the date of grant and in respect to shares issuable under the Company’s equity compensation plans as prescribed by SFAS No. 123, net income and diluted earnings per share for the three fiscal years ended May 31 would have been reduced to the pro forma amounts indicated in the table below: 2003 2002 2001 Netincome — as reported $ 58.6 $ 93.5 $ 36.3 Add: Stock-basedemployee compensationincluded in reported netincome, net of tax* 0.3 0.2 0.0 Deduct: Total stock-based employeecompensation expense determinedunder fair value based method,net of tax 14.3 9.6 12.3 Netincome — pro forma $ 44.6 $ 84.1 $ 24.0 Basicearnings per share— as reported $ 1.50 $ 2.55 $ 1.05 Basic earningsper share —pro forma $ 1.14 $ 2.29 $ 0.69 Diluted earnings per share— as reported $ 1.46 $ 2.38 $ 1.01 Diluted earningsper share —pro forma $ 1.14 $ 2.22 $ 0.69 * Related to the Management Stock PurchasePlan The fair value of each option grant is estimated on the date ofgrant using the Black-Scholes option-pricing model with the weighted average assumptionsfor the three fiscal years ended May 31 as follows: 2003 2002 2001 Expecteddivided yield 0.0%0.0%0.0%Expected stockprice volatility 61.5%66.1%44.5%Risk-free interest rate 3.45%4.59%6.03%Expected lifeof options 5 years 5 years 5 years The weighted average fair value of options granted during fiscal2003, 2002 and 2001 was $18.00, $25.24 and $15.59 per share, respectively. For purposesof pro forma disclosure, the estimated fair value of the options is amortized overthe options’ vesting periods.New accounting pronouncementsIn June 2001, the Financial Accounting Standards Board(“FASB”) issued SFAS No. 143, “Accounting for Asset Retirement Obligations.” Thisstatement addresses financial accounting and reporting f