iHeartCommunications, Inc. – ‘10-K’ for 12/31/97 – EX-99.1

As of:  Tuesday, 3/31/98   ·   For:  12/31/97   ·   Accession #:  950134-98-2699   ·   File #:  1-09645

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Form 10-K for Year Ended December 31, 1997            43    251K 
 2: EX-10.23    2nd Amendment to Credit Facility Dated 11/7/97        47     59K 
 3: EX-10.24    3rd Amemdment to Credit Facility Dated 12/29/97       45     60K 
 4: EX-13       Annual Report to Security Holders                     71±   269K 
 5: EX-21       Subsidiaries of the Registrant                         1      8K 
 6: EX-23.1     Consent of Ernst & Young LLP                           1      9K 
 7: EX-23.2     Consent of Kpmg                                        1      8K 
 8: EX-23.3     Consent of Kpmg Peat Marwick LLP                       1      8K 
 9: EX-27       Financial Data Schedule                                1      7K 
10: EX-99.1     Report of Ind. Auditors on Financial Statement Sch     1      7K 
11: EX-99.2     Report of Independent Auditors - Kpmg                  1      9K 
12: EX-99.3     Report of Independent Auditors - Kpmg Peat Marwick     1      8K 

EX-99.1   —   Report of Ind. Auditors on Financial Statement Sch

EX-99.1
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EXHIBIT 99.1 - REPORT OF INDEPENDENT AUDITORS ON FINANCIAL STATEMENT SCHEDULE   

        We have audited the consolidated financial statements of Clear Channel
Communications, Inc., as of December 31, 1997 and 1996, and for each of the     
three years in the period ended December 31, 1997, and have issued our report   
thereon dated March 11, 1998.  Our audits also included the financial statement 
schedule listed in the Index at Item 14(a).  This schedule is the               
responsibility of the Company's management.  Our responsibility is to express   
an opinion based on our audits.                                                 

In our opinion, the financial statement schedule referred to above, when        
considered in relation to the basic financial statements taken as a whole,      
presents fairly in all material respects the information set forth therein.     

                 Ernst & Young LLP
March 11, 1998                                                                  
San Antonio, Texas                                                              

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing		Date		Other Filings
Filed on:		3/31/98		10-Q
		3/11/98
For Period End:		12/31/97
		12/31/96		10-K,  DEF 14A
				List all Filings