Equifax 2006 Annual Report Download - page 31

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MANAGEMENT’S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
EQUIFAX 2006 ANNUAL REPORT 29
Segment Financial Results
Our consolidated segment results for the twelve months ended December 31, 2006 and 2005 were as follows:
% of % of
(Dollars in millions) 2006 Revenue 2005 Revenue $ Change % Change
Operating Revenue
North America
Information Services $ 835.5 54% $ 806.3 55% $ 29.2 4%
Marketing Services 277.2 18% 253.7 18% 23.5 9%
Personal Solutions 126.0 8% 114.7 8% 11.3 10%
Total North America 1,238.7 80% 1,174.7 81% 64.0 5%
Europe 153.6 10% 142.0 10% 11.6 8%
Latin America 154.0 10% 126.7 9% 27.3 21%
Total operating revenue $1,546.3 100% $1,443.4 100% $102.9 7%
Operating Operating
(Dollars in millions) 2006 Margin 2005 Margin $ Change % Change
Operating Income
North America
Information Services $ 343.3 41.1% $ 345.5 42.8% $ (2.2) (1)%
Marketing Services 99.1 35.7% 85.2 33.5% 13.9 16%
Personal Solutions 13.6 10.8% 13.5 11.8% 0.1 1%
Total North America 456.0 36.8% 444.2 37.8% 11.8 3%
Europe 35.4 23.1% 33.4 23.5% 2.0 6%
Latin America 45.9 29.8% 33.3 26.3% 12.6 38%
General Corporate Expense (101.2) nm (88.9) nm (12.3) (14)%
Total operating income $ 436.1 28.2% $422.0 29.2% $14.1 3%
nm – not meaningful
Our North America operating revenue for the twelve months ended December 31, 2006 and 2005 was as follows:
% of % of
(Dollars in millions) 2006 Revenue 2005 Revenue $ Change % Change
North America Operating Revenue
U.S. Consumer and
Commercial Services $ 645.6 52% $ 610.4 52% $ 35.2 6%
Mortgage Solutions 71.7 6% 85.1 7% (13.4) (16)%
Canadian Operations 118.2 10% 110.8 9% 7.4 7%
Total North America
Information Services 835.5 68% 806.3 68% 29.2 4%
Credit Marketing Services 166.3 13% 150.7 13% 15.6 10%
Direct Marketing Services 110.9 9% 103.0 9% 7.9 8%
Total Marketing Services 277.2 22% 253.7 22% 23.5 9%
Personal Solutions 126.0 10% 114.7 10% 11.3 10%
Total North America
operating revenue $1,238.7 100% $1,174.7 100% $ 64.0 5%