Equifax 2005 Annual Report Download - page 47

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   








 
(in millions, except per share data) 2005    
Summary of Operations: (1)(2)
  $1,443.4    
 $1,021.4        
  $ 422.0        
 $ 246.5        
 $ 20.2            

 $ 1.86            
 $ 0.15            
 132.2    
 
(in millions, except per share and employee data) 2005    
Balance Sheet Data:
  $1,831.5    
 $ 463.8        
 $ 556.1        
 $ 820.3        
 129.2    
Other Information:
 $ 38.02        
 $4,912.2    
 4,600    
(1) For information about acquisition activity during certain periods presented in the table above, see Note 2 of the Notes to Consolidated Financial Statements, Acquisitions.
(2) Our results of operations related to Spain and Italy for certain periods presented in the table above have been reclassified to discontinued operations. For additional
information about these discontinued operations, see Note 11 of the Notes to Consolidated Financial Statements, Discontinued Operations.
(3) In 2003, we recorded asset impairment and restructuring charges of $30.6 million ($19.3 million after tax, or $0.14 per diluted share). Restructuring charges primarily
consist of employee severance and facilities consolidation. For additional information about these charges, see Note 10 of the Notes to Consolidated Financial Statements,
Restructuring and Impairment Charges.
(4) In 2002, we adopted Statement of Financial Accounting Standards (“SFAS”) No. 142, “Goodwill and Other Intangible Assets.” SFAS No. 142 modifies the accounting
for goodwill and other intangible assets. As of January 1, 2002, we ceased amortizing goodwill and other intangible assets with indefinite useful lives.
(5) In 2001, we recorded restructuring and other charges of $60.4 million ($35.3 million after tax, or $0.25 per diluted share) for employee severance, facilities consolidation
and the write-down of certain technology assets. Additionally, as a result of the spin-off of Certegy Inc. on July 7, 2001, our financial statements for the twelve months
ended December 31, 2001, have been reclassified to isolate and show Certegy’s net assets, results of operations and cash flows as discontinued operations.
Selected Financial Data