Pre-tax losses for The Times & The Sunday Times hit £87m for the year to June 2009

"Pre-tax losses for the Times and the Sunday Times widened to £87.7m for the year to 28 June 2009, from £50.2m in the previous 12 months.
Statutory accounts filed to Companies House have also revealed that at News Group Newspapers, the News International subsidiary that publishes the Sun and the News of the World, profits fell to £40.3m, down from £44.7m, during the 12-month period.
Turnover at Times Newspapers, the News International subsidiary that publishes the Times and Sunday Times, was down 13.4% year on year to £385.5m. News Group Newspapers' turnover was down 1.4% year on year to £617.9m.
The company blamed the widening losses at Times Newspapers on declining advertising revenues and said its directors expected the general level of activity to continue "for the foreseeable future"."
Source: The Guardian, 23rd March 2010