Equifax 2008 Annual Report Download - page 2

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TWELVE MONTHS ENDED DECEMBER 31, 2008 2007 CHANGE
Operating revenue $ 1,935.7 $ 1,843.0 5%
Operating income $ 477.2 $ 486.2 -2%
Operating margin 24.7% 26.4% -1.7 pts
Net income $ 272.8 $ 272.7 0%
Diluted earnings per share (EPS) $ 2.09 $ 2.02 4%
Weighted-average common shares outstanding
in millions (diluted) 130.4 135.1 -3%
Cash provided by operating activities $ 444.7 $ 449.9 -1%
Stock price per share at December 31, $ 26.52 $ 36.36 -27%
Diluted earnings per share,
adjusted for certain items (Non-GAAP)* $ 2.48 $ 2.32 7%
* See reconciliation of non-GAAP financial measures to the corresponding GAAP financial measures on page 74.
BUSINESS DESCRIPTION
Equifax empowers businesses and consumers with information they can
trust. We are a leading global provider of credit, risk and marketing information
solutions; employment and income verification; as well as human resources
business process outsourcing services. Leveraging one of the largest sources
of consumer and commercial data, along with advanced analytics and proprietary
technology, we create customized insights which enable our business customers
to grow faster, more efficiently, more profitably and to inform and empower
consumers. Customers have trusted Equifax for more than 100 years to deliver
innovative solutions with the highest integrity and reliability. Businesses rely on
us for consumer and business credit intelligence, portfolio management, fraud
detection, decisioning technology, marketing tools, and human resources and
payroll-related services. We also offer a portfolio of products that empower
individual consumers to manage their financial affairs and protect their identity.
Our revenue stream is diversified among individual consumers and among
businesses across a wide range of industries throughout North America, Latin
America, Europe and, most recently, through our minority investment in Russia.
Headquartered in Atlanta, Georgia, Equifax is a member of Standard and Poor’s
(S&P) 500® Index. Our common stock is traded on the New York Stock Exchange
under the symbol of EFX.
CONTENTS
1 | Letter to Shareholders
4 | A Candid Conversation
with the Leadership Team
8 | Business Unit Review
9 | Corporate Officers
and Contacts
10 | Index to Financial Section
76 | Shareholder Information
Inside Back Cover
| Board of Directors
FINANCIAL HIGHLIGHTS
(Dollars in millions, except per share amounts)