EXHIBIT 99(d) RESTATED HISTORICAL CONSOLIDATED STATEMENTS OF INCOME The following unaudited consolidated statements of income for the years ended December 31, 1996, 1995, 1994, 1993 and 1992, and for each of the three month periods ended March 31, 1997, March 31, 1996, June 30, 1996, September 30, 1996 and December 31, 1996 have been prepared from the historical statements of Equifax Inc., but have been restated to show ChoicePoint as a discontinued operation. This financial data should be read in conjunction with the financial statements and the notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 1996 and in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 1997. Page 10 of 12 EXHIBIT 99(d) EQUIFAX INC. RESTATED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
Three months ended ---------------------------------------------------------------- (In thousands, except per share amounts) 3-31-97 3-31-96 6-30-96 9-30-96 12-31-96 - ---------------------------------------- -------- -------- -------- -------- -------- Operating revenue $312,062 $287,137 $300,812 $302,712 $332,137 -------- -------- -------- -------- -------- Operating costs and expenses before unusual items 243,515 230,147 238,657 235,412 251,681 Unusual items - - 10,313 - - -------- -------- -------- -------- -------- Total costs and expenses 243,515 230,147 248,970 235,412 251,681 -------- -------- -------- -------- -------- Operating income 68,547 56,990 51,842 67,300 80,456 Other income, net 372 376 9,036 754 12,234 Interest expense 4,469 3,664 3,571 4,191 5,013 -------- -------- -------- -------- -------- Income from continuing operations before income taxes 64,450 53,702 57,307 63,863 87,677 Provision for income taxes 25,909 21,293 22,722 25,322 40,115 -------- -------- -------- -------- -------- Income from continuing operations 38,541 32,409 34,585 38,541 47,562 Income from discontinued operations, net of income taxes 6,176 4,436 6,545 7,263 6,276 -------- -------- -------- -------- -------- Net income $ 44,717 $ 36,845 $ 41,130 $ 45,804 $ 53,838 ======== ======== ======== ======== ======== Weighted average common shares outstanding 145,176 146,669 145,923 144,752 144,727 Per common share: Income from continuing operations $ 0.27 $ 0.22 $ 0.24 $ 0.27 $ 0.33 Income from discontinued operations 0.04 0.03 0.04 0.05 0.04 -------- -------- -------- -------- -------- Net income $ 0.31 $ 0.25 $ 0.28 $ 0.32 $ 0.37 ======== ======== ======== ======== ========
Page 11 of 12 Exhibit 99(d) EQUIFAX INC. RESTATED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
Year ended December 31 ------------------------------------------------------------------ (In thousands, except per share amounts) 1996 1995 1994 1993 1992 - ---------------------------------------- ---------- ---------- -------- -------- -------- Operating revenue $1,222,798 $1,105,309 $968,660 $813,235 $724,030 ---------- ---------- -------- -------- -------- Operating costs and expenses before unusual items 955,897 883,405 770,779 649,135 584,204 Unusual items 10,313 (9,243) - 48,438 - ---------- ---------- -------- -------- -------- Total costs and expenses 966,210 874,162 770,779 697,573 584,204 ---------- ---------- -------- -------- -------- Operating income 256,588 231,147 197,881 115,662 139,826 Other income, net 22,400 7,335 8,643 3,881 7,474 Interest expense 16,439 15,342 12,986 8,742 3,031 ---------- ---------- -------- -------- -------- Income from continuing operations before income taxes 262,549 223,140 193,538 110,801 144,269 Provision for income taxes 109,452 90,355 79,804 48,525 59,056 ---------- ---------- -------- -------- -------- Income from continuing operations 153,097 132,785 113,734 62,276 85,213 Income from discontinued operations, net of income taxes 24,520 14,865 6,612 1,239 133 ---------- ---------- -------- -------- -------- Net income $ 177,617 $ 147,650 $120,346 $ 63,515 $ 85,346 ========== ========== ======== ======== ======== Weighted average common shares outstanding 145,518 151,357 148,608 150,114 163,918 Per common share: Income from continuing operations $ 1.05 $ 0.88 $ 0.77 $ 0.41 $ 0.52 Income from discontinued operations 0.17 0.10 0.04 0.01 0.00 ---------- ---------- -------- -------- -------- Net income $ 1.22 $ 0.98 $ 0.81 $ 0.42 $ 0.52 ========== ========== ======== ======== ========
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