Equifax 2012 Annual Report Download - page 39

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37
Equifax 2012 Annual Report
CONSOLIDATED STATEMENTS OF INCOME
Twelve Months Ended
December 31,
(In millions, except per share amounts) 2012 2011 2010
Operating revenue $2,160.5 $1,959.8 $1,859.5
Operating expenses:
Cost of services (exclusive of depreciation and amortization below) 829.1 758.8 759.9
Selling, general and administrative expenses 678.7 564.5 507.4
Depreciation and amortization 163.7 165.5 162.2
Total operating expenses 1,671.5 1,488.8 1,429.5
Operating income 489.0 471.0 430.0
Interest expense (55.4) (55.1) (56.1)
Other income (expense), net 6.6 (7.7) 1.3
Consolidated income from continuing operations before income taxes 440.2 408.2 375.2
Provision for income taxes (159.4) (168.0) (131.9)
Consolidated income from continuing operations 280.8 240.2 243.3
Income from discontinued operations, net of tax —1.5 31.5
Consolidated net income 280.8 241.7 274.8
Less: Net income attributable to noncontrolling interests (8.7) (8.8) (8.1)
Net income attributable to Equifax $ 272.1 $ 232.9 $ 266.7
Amounts attributable to Equifax:
Net income from continuing operations attributable to Equifax $ 272.1 $ 231.4 $ 235.2
Discontinued operations, net of tax —1.5 31.5
Net income attributable to Equifax $ 272.1 $ 232.9 $ 266.7
Basic earnings per common share:
Income from continuing operations attributable to Equifax $ 2.27 $ 1.90 $ 1.89
Discontinued operations —0.01 0.25
Net income attributable to Equifax $ 2.27 $ 1.91 $ 2.14
Weighted-average shares used in computing basic earnings per share 119.9 121.9 124.8
Diluted earnings per common share:
Income from continuing operations attributable to Equifax $ 2.22 $ 1.87 $ 1.86
Discontinued operations —0.01 0.25
Net income attributable to Equifax $ 2.22 $ 1.88 $ 2.11
Weighted-average shares used in computing diluted earnings per share 122.5 123.7 126.5
Dividends per common share $ 0.72 $ 0.64 $ 0.28
See Notes to Consolidated Financial Statements.