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EQUIFAX 2006 ANNUAL REPORT 45
The table below summarizes our selected historical fi nancial information for each of the last fi ve years. The summary
of operations for the years ended December 31, 2006, 2005 and 2004, and the balance sheet data as of December 31,
2006 and 2005, has been derived from our audited Consolidated Financial Statements included in this report. The summary
of operations for the years ended December 31, 2003 and 2002, and the balance sheet data as of December 31, 2004, 2003
and 2002 has been derived from our audited Consolidated Financial Statements not included in this report. The historical
selected fi nancial information may not be indicative of our future performance, and should be read in conjunction with
the information contained in Management’s Discussion and Analysis of Financial Condition and Results of Operations,
and the Consolidated Financial Statements and the accompanying Notes to the Consolidated Financial Statements.
Twelve Months Ended December 31,
(In millions, except per share data) 2006(3)(4)(5) 2005 2004 2003(6) 2002
Summary of Operations: (1)(2)
Operating revenue $1,546.3 $1,443.4 $1,272.8 $1,210.7 $1,095.3
Operating expenses $1,1 10.2 $1,021.4 $ 897.0 $ 896.5 $ 742.8
Operating income $ 436.1 $ 422.0 $ 375.8 $ 314.2 $ 352.5
Income from continuing operations $ 274.5 $ 246.5 $ 237.3 $ 180.7 $ 191.7
Dividends paid $ 20.3 $ 20.2 $ 15.0 $ 11.3 $ 11.4
Per common share (diluted):
Income from continuing operations per share $ 2.12 $ 1.86 $ 1.78 $ 1.32 $ 1.38
Cash dividends declared per share $ 0.16 $ 0.15 $ 0.11 $ 0.08 $ 0.08
Weighted-average common shares oustanding (diluted) 129.4 132.2 133.5 136.7 138.5
As of December 31,
(In millions) 2006 2005 2004 2003 2002
Balance Sheet Data:(1)
Total assets $1,790.6 $1,831.5 $1,557.2 $1,553.5 $1,506.9
Long-term debt, net of current portion $ 173.9 $ 463.8 $ 398.5 $ 663.0 $ 690.6
Total debt $ 503.9 $ 556.1 $ 654.2 $ 823.5 $ 924.5
Shareholders’ equity $ 838.1 $ 820.3 $ 523.6 $ 371.5 $ 221.0
Common shares outstanding 124.7 129.2 129.4 132.7 135.7
(1) For information about acquisition activity during 2006, 2005 and 2004 presented in the table above, see Note 3 of the Notes to
Consolidated Financial Statements. In 2003, we acquired assets and related businesses of fi ve affi liates and a small eMarketing business
for $42.9 million, primarily in cash; $19.6 million was allocated to goodwill, $15.5 million to purchased data fi les, and $6.2 million to
non-compete agreements. In 2002, we acquired assets and related businesses of eleven affi liates and Naviant, Inc. for $333.6 million,
consisting of cash and notes payable; $175.7 million was allocated to goodwill, $88.8 million to purchased data fi les, and $69.1 million
to net assets.
(2) Our results of operations related to Spain Commercial and Italy during 2004, 2003 and 2002, presented in the table above, have been
reclassifi ed to discontinued operations. For additional information about these discontinued operations, see Note 12 of the Notes to
Consolidated Financial Statements.
(3) On January 1, 2006, we adopted Statement of Financial Accounting Standards No. 123R, “Share-Based Payment” (“SFAS 123R”), which
resulted in incremental stock-based compensation expense during 2006. For additional information about the impact of SFAS 123R, see
Note 2 of the Notes to Consolidated Financial Statements.
(4) In 2006, there were several litigation matters that had a material impact on our Consolidated Financial Statements and/or were not
part of our core operations. For additional information about these litigation matters, see Note 6 of the Notes to Consolidated Financial
Statements.
(5) In 2006, we recorded a severance charge of $6.4 million ($4.0 million, net of tax) related to an organizational realignment. For
additional information about this charge, see Note 11 of the Notes to Consolidated Financial Statements.
(6) In 2003, we recorded asset impairment and restructuring charges of $30.6 million ($19.3 million, net of tax). Restructuring charges
primarily consisted of employee severance and facilities consolidation.
SELECTED FINANCIAL DATA