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28FEB200910255904
SELECTED FINANCIAL DATA
The table below summarizes our selected historical financial information for each of the last five years. The summary of
operations data for the years ended December 31, 2008, 2007 and 2006, and the balance sheet data as of Decem-
ber 31, 2008 and 2007, has been derived from our audited Consolidated Financial Statements included in this Annual
Report. The summary of operations data for the years ended December 31, 2005 and 2004, and the balance sheet data
as of December 31, 2006, 2005 and 2004, has been derived from our audited Consolidated Financial Statements not
included in this report. The historical selected financial 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 in this Annual Report.
Twelve Months Ended
December 31,
(In millions, except per share data) 2008(1)(2) 2007(3) 2006(2)(5) 2005 2004
Summary of Operations:
Operating revenue $ 1,935.7 $ 1,843.0 $ 1,546.3 $ 1,443.4 $ 1,272.8
Operating expenses $ 1,458.5 $ 1,356.8 $ 1,110.2 $ 1,021.4 $ 897.0
Operating income $ 477.2 $ 486.2 $ 436.1 $ 422.0 $ 375.8
Income from continuing operations $ 272.8 $ 272.7 $ 274.5 $ 246.5 $ 237.3
Dividends paid $ 20.5 $ 20.7 $ 20.3 $ 20.2 $ 15.0
Per common share (diluted):
Income from continuing operations
per share $ 2.09 $ 2.02 $ 2.12 $ 1.86 $ 1.78
Cash dividends declared per share $ 0.16 $ 0.16 $ 0.16 $ 0.15 $ 0.11
Weighted-average common shares
oustanding (diluted)(3) 130.4 135.1 129.4 132.2 133.5
As of December 31,
(In millions) 2008 2007(3)(4) 2006 2005 2004
Balance Sheet Data:
Total assets $ 3,260.3 $ 3,523.9 $ 1,790.6 $ 1,831.5 $ 1,557.2
Short-term debt and current
maturities $ 31.9 $ 222.1 $ 330.0 $ 92.3 $ 255.7
Long-term debt, net of current
portion $ 1,187.4 $ 1,165.2 $ 173.9 $ 463.8 $ 398.5
Total debt, net $ 1,219.3 $ 1,387.3 $ 503.9 $ 556.1 $ 654.2
Shareholders’ equity $ 1,312.4 $ 1,399.2 $ 838.1 $ 820.3 $ 523.6
(1) During 2008, we recorded restructuring and asset write-down charges of $16.8 million ($10.5 million, net of tax) related to business
realignment. For additional information about these charges, see Note 10 of the Notes to the Consolidated Financial Statements in
this Annual Report.
(2) In 2008 and 2006, we recorded income tax benefits of $14.6 million and $9.5 million, respectively, related to uncertain tax positions
for which the statute of limitations expired. For additional information about these benefits, see Note 6 of the Notes to the Consoli-
dated Financial Statements in this Annual Report.
(3) On May 15, 2007, we acquired all the outstanding shares of TALX. Under the terms of the transaction, we issued 20.6 million shares
of Equifax common stock and 1.9 million fully-vested options to purchase Equifax common stock, and paid approximately
$288.1 million in cash, net of cash acquired. We also assumed TALX’s outstanding debt, which had a fair value totaling $177.6 mil-
lion at May 15, 2007. The results of TALX’s operations are included in our Consolidated Financial Statements beginning on the date
of acquisition. For additional information about the TALX acquisition, see Note 2 of the Notes to Consolidated Financial Statements in
this Annual Report.
(4) In 2007, total debt increased as a result of our issuance of $550.0 million of ten- and thirty-year fixed rate senior notes during the
second quarter, our assumption of $75.0 million in senior guaranteed notes of TALX due 2012, and the commencement of a
commercial paper program for general corporate purposes.
(5) On January 1, 2006, we adopted Statement of Financial Accounting Standards No. 123R, ‘Share-Based Payment’’, or SFAS 123R,
which resulted in additional stock-based compensation expense during 2008, 2007 and 2006 when compared to 2005 and 2004.
For additional information about our stock-based compensation, see Note 7 of the Notes to Consolidated Financial Statements in this
Annual Report.
2008 ANNUAL REPORT 11