HR Block 2005 Annual Report Download - page 137

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Information concerning the Company’s operations by reportable segment as of and for the years ended April 30, 2005, 2004 and 2003
is as follows. See note 2 for details of the restatement of our previously issued financial statements.
(in 000s)
2004 2003
Year Ended April 30, 2005 As Reported Adjustments Restated As Reported Adjustments Restated
REVENUES ⬎⬎⬎
Tax Services $ 2,358,293 $ 2,191,177 $ – $ 2,191,177 $ 1,946,763 $ – $ 1,946,763
Mortgage Services 1,246,018 1,300,675 23,034 1,323,709 1,186,475 (36,395) 1,150,080
Business Services 573,316 499,210 – 499,210 434,140 – 434,140
Investment Services 239,244 229,470 – 229,470 200,794 – 200,794
Corporate 3,148 4,314 – 4,314 (651) – (651)
$ 4,420,019 $ 4,224,846 $ 23,034 $ 4,247,880 $ 3,767,521 $ (36,395) $ 3,731,126
INCOME (LOSS) BEFORE TAXES ⬎⬎⬎
Tax Services $ 663,518 $ 638,689 $ (196) $ 638,493 $ 557,542 $ (839) $ 556,703
Mortgage Services 496,093 678,261 10,262 688,523 693,950 (37,626) 656,324
Business Services 29,871 19,321 (9) 19,312 (14,118) (1,915) (16,033)
Investment Services (75,370) (64,446) (11,168) (75,614) (128,292) (91,129) (219,421)
Corporate (96,397) (107,668) (71) (107,739) (122,005) (4) (122,009)
$ 1,017,715 $ 1,164,157 $ (1,182) $ 1,162,975 $ 987,077 $ (131,513) $ 855,564
(in 000s)
Restated Restated
Year Ended April 30, 2005 2004 2003
DEPRECIATION AND
AMORTIZATION ⬎⬎⬎
Tax Services $ 79,079 $ 76,279 $ 61,487
Mortgage Services 31,043 24,428 21,703
Business Services 23,591 23,104 23,135
Investment Services 48,662 54,378 61,254
Corporate 1,492 942 1,513
$ 183,867 $ 179,131 $ 169,092
Goodwill impairments:
Business Services –– 13,459
Investment Services –– 108,792
–– 122,251
$ 183,867 $ 179,131 $ 291,343
CAPITAL
EXPENDITURES ⬎⬎⬎
Tax Services $ 74,297 $ 50,204 $ 65,469
Mortgage Services 56,613 28,176 38,204
Business Services 22,582 18,003 15,248
Investment Services 9,503 10,531 13,371
Corporate 46,463 16,912 16,414
$ 209,458 $ 123,826 $ 148,706
IDENTIFIABLE ASSETS ⬎⬎⬎
Tax Services $ 716,981 $ 666,548 $ 354,617
Mortgage Services 1,336,920 1,108,022 1,241,772
Business Services 701,763 637,542 677,334
Investment Services 1,481,127 1,624,383 1,423,716
Corporate 1,302,492 1,196,237 969,063
$ 5,539,283 $ 5,232,732 $ 4,666,502
H&R BLOCK 2005 Form 10K
75