EXHIBIT 99(a)
EQUIFAX INC.
PRO FORMA CONSOLIDATED STATEMENT OF INCOME
(Unaudited)
Quarter ended March 31, 1997
---------------------------------------------
Pro Forma
(In thousands, except per share amounts) Historical Adjustments Pro Forma
- ---------------------------------------- ---------- ----------- ---------
Operating revenue $ 478,200 $(166,138)(2a) $ 312,062
--------- --------- ---------
Operating costs and expenses
before unusual items 397,466 (153,951)(2a) 243,515
Unusual items - - -
--------- --------- ---------
Total costs and expenses 397,466 (153,951) 243,515
--------- --------- ---------
Operating income 80,734 (12,187) 68,547
Other income, net 383 (11)(2a) 372
Interest expense 6,088 (1,619)(2a) 4,469
--------- --------- ---------
Income before income taxes 75,029 (10,579) 64,450
Provision for income taxes 30,312 (4,403)(2a) 25,909
--------- --------- ---------
Net income $ 44,717 $ (6,176) $ 38,541
========= ========= =========
Weighted average common shares outstanding 145,176 145,176 145,176
Net income per common share $ 0.31 $ (0.04) $ 0.27
========= ========= =========
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EXHIBIT 99(a)
EQUIFAX INC.
PRO FORMA CONSOLIDATED STATEMENT OF INCOME
(Unaudited)
Year ended December 31, 1996
----------------------------------------------
Pro Forma
(In thousands, except per share amounts) Historical Adjustments Pro Forma
- ---------------------------------------- ----------- ------------ ----------
Operating revenue $ 1,811,223 $(588,425)(2a) $ 1,222,798
----------- --------- -----------
Operating costs and expenses
before unusual items 1,496,492 (540,595)(2a) 955,897
Unusual items 10,313 - 10,313
----------- --------- -----------
Total costs and expenses 1,506,805 (540,595) 966,210
----------- --------- -----------
Operating income 304,418 (47,830) 256,588
Other income, net 22,181 219 (2a) 22,400
Interest expense 23,036 (6,597)(2a) 16,439
----------- --------- -----------
Income before income taxes 303,563 (41,014) 262,549
Provision for income taxes 125,946 (16,494)(2a) 109,452
----------- --------- -----------
Net income $ 177,617 $ (24,520) $ 153,097
=========== ========= ===========
Weighted average common shares outstanding 145,518 145,518 145,518
Net income per common share $ 1.22 $ (0.17) $ 1.05
=========== ========= ==========
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