Equifax 2003 Annual Report Download - page 35

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SELECTED FINANCIAL DATA
32 EQUIFAX. INFORMATION THAT EMPOWERS.
The table below summarizes our selected historical financial information for each of the last five years. The financial information for
the years ended December 31, 2003, 2002, and 2001 has been derived from our audited financial statements that follow. The financial
information for the years ended December 31, 2000 and 1999 has been derived from statements not included in this report. The his-
torical selected financial information may not be indicative of our future performance, and should be read in conjunction with the
information contained in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and the
financial statements. As a result of the spin-off of Certegy Inc., our financial statements for the years ended December 31, 1998 through
2001, have been restated to isolate and show Certegy’s net assets, results of operations, and cash flows as Discontinued Operations.
See “Notes to the Consolidated Financial Statements.”
(In millions, except per share and employee data)
Year Ended December 31, 2003
SUMMARY OF OPERATIONS
Operating revenue $1,225.4
Operating income(1) (2) $312.0
Income from continuing operations(1) (2) $178.5
Dividends paid $11.3
PER COMMON SHARE (diluted)
Income from continuing operations per share(1) (2) $1.31
Dividends $0.080
Weighted-average common shares outstanding (diluted) 136.7
December 31, 2003
BALANCE SHEET DATA
Total assets $1,553.3
Long-term debt $663.0
Total debt $823.5
Shareholders’ equity $371.5
Common shares outstanding 138.3
OTHER INFORMATION
Stock price per share(3) $24.50
Market capitalization(3) $3,250.4
Employees – continuing operations 4,600
(1) In 2001, we recorded restructuring and other charges of $60.4 million ($35.3 million after tax, or $0.25 per share)
for employee severance, facilities consolidation, and the w rite-down of certain technology assets.
(2) In 2002, we adopted Statement of Financial Accounting Standards (“SFAS” ) No. 142, “Goodwill and Other Intangible Assets.”
SFAS 142 modifies the accounting for business combinations, goodwill, and identifiable intangible assets.
As of January 1, 2002 all goodwill amortization ceased.
(3) Stock prices and market capitalization prior to 2001 have been adjusted to reflect the spin-off of Certegy.