Equifax 2000 Annual Report Download - page 21

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SUMMARY OF SELECTED FINANCIAL DATA
20
FINANCIAL REVIEW
(Dollars in thousands, except per share amounts)
Year Ended December 31 2000 1999
SUMMARY OF OPERATIONS
Operating revenue $1,965,881 $1,772,694
Operating costs and expenses before unusual items 1,510,466 1,358,155
Unusual items ––
Operating income 455,415 414,539
Other income, net 5,905 12,356
Interest expense (75,951) (60,971)
Income from continuing operations before income
taxes and cumulative effect of accounting change 385,369 365,924
Provision for income taxes 157,347 150,047
Income from continuing operations before
cumulative effect of accounting change 228,022 215,877
Discontinued operations, net of income taxes – –
Cumulative effect of accounting change,
net of income taxes* ––
Net income $ 228,022 $ 215,877
Dividends paid $ 52,374 $ 51,961
PER COMMON SHARE (diluted)
Income from continuing operations before
cumulative effect of accounting change $ 1.68 $ 1.55
Discontinued operations ––
Cumulative effect of accounting change ––
Net income $ 1.68 $ 1.55
Dividends $ 0.370 $ 0.363
Weighted average common shares outstanding (diluted) 136,016,000 139,603,000
BALANCE SHEET DATA (at December 31)
Total assets – continuing operations $2,069,637 $1,839,781
Total assets $2,069,637 $1,839,781
Long-term debt $ 993,569 $ 933,708
Shareholders’ equity $ 383,578 $ 215,625
Common shares outstanding 135,835,000 134,001,000
OTHER INFORMATION (at December 31)
Stock price per share** $ 28.69 $ 23.56
Book value per share $ 2.82 $ 1.61
Market capitalization** $3,896,757 $3,157,388
Employees – continuing operations 12,200 12,700
*The 1997 accounting change relates to EITF No. 97-13 regarding accounting for business process reengineering costs.
**Stock prices and market capitalization prior to 1997 have been adjusted to reflect the spin-off of ChoicePoint.
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