HR Block 2006 Annual Report Download - page 10

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Our Businesses at a Glance.
8
H&R BLOCK
Under its namesake brand, H&R Block helps clients through a breadth of tax and financial
services and products. Our tax professionals provide in-person tax preparation and
actionable advice on tax, savings and other financial choices. In the digital channel, we
offer powerful yet user-friendly TaxCut®software and online products for do-it-yourselfers.
Demand is emerging for our services that combine professional assistance with digital access.
H&R Block Financial Advisors is a full-service securities broker/dealer offering investment
planning, advice, and related services and products. H&R Block Mortgage provides direct-
to-consumer mortgage loans nationwide. The new H&R Block Bank offers a range of
affordable FDIC-insured deposit products, credit and banking services.
RSM MCGLADREY
RSM McGladrey Business Services provides accounting, tax and business consulting services
to midsized companies. Under the RSM McGladrey brand, we also offer extended services,
including financial process outsourcing, investment banking and wealth management.
RSM McGladrey serves clients’ global business needs through its membership in
RSM International (an affiliation of separate and independent legal entities).
OPTION ONE MORTGAGE
Option One Mortgage originates, services and sells non-prime residential mortgage loans.
Option One makes and acquires loans on a wholesale basis through a network of 49,000
independent mortgage-broker locations and large national lenders. We also provide
quality servicing of our own non-prime loans and those of other lenders. As a mortgage lender,
we sell and securitize loan pools in the financial market. Option One places top priority on
developing and adhering to best practices for fair lending and loan servicing.
REVENUES
$663.5
$638.5
$556.7
$540.6
$2,451.8
$2,358.3
$2,191.2
$1,946.8
$1,910.0
TAX SERVICES
(IN MILLIONS)
2006
2005
2004
2003
2002
PRETAX
INCOME/(LOSS)
REVENUES
$53.4
$29.9
$19.3
$(16.0)
$22.7
$877.3
$573.3
$499.2
$434.1
$416.9
BUSINESS SERVICES
(IN MILLIONS)
2006
2005
2004
2003
2002
*Includes Option One Mortgage and H&R Block Mortgage
PRETAX
INCOME
REVENUES
$321.6
$496.1
$688.5
$656.3
$339.3
$1,247.1
$1,246.0
$1,323.7
$1,150.1
$728.6
MORTGAGE SERVICES*
(IN MILLIONS)
2006
2005
2004
2003
2002
$589.8
PRETAX
INCOME