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Equifax Reports Record Fourth Quarter and Full Year 2012 Results; Board Approves a 22% Increase in Quarterly Dividend to $0.22

   Equifax Reports Record Fourth Quarter and Full Year 2012 Results; Board
       Approves a 22% Increase in Quarterly Dividend to $0.22 per share

PR Newswire

ATLANTA, Feb. 6, 2013

ATLANTA, Feb. 6, 2013 /PRNewswire/ --Equifax Inc. (NYSE: EFX) today announced
financial results for the quarter and full year ended December 31, 2012. The
company reported revenue of $558.1 million in the fourth quarter of 2012, a
9.5 percent increase from the fourth quarter of 2011.

(Logo: http://photos.prnewswire.com/prnh/20060224/CLF037LOGO )

Fourth quarter diluted EPS from continuing operations attributable to Equifax
was $0.38 as compared to $0.60 in 2011. The company recorded a $24.1 million,
after tax, non-cash pension settlement charge related to lump sum buyouts of
certain pension plan participants during the fourth quarter. On a non-GAAP
basis, adjusted EPS from continuing operations attributable to Equifax,
excluding the impact of CSC Credit Services acquisition fees, the pension
settlement, certain income tax items and acquisition-related amortization
expense, net of tax, was $0.78, up 14 percent from the fourth quarter of
2011.

For the full year 2012, revenue was $2.2 billion, a 10.2 percent increase from
2011. Excluding Brazilian operating results in 2011, a non-GAAP measure, full
year revenue was up 12 percent. Diluted EPS from continuing operations
attributable to Equifax was $2.22 compared to $1.87 for the full year 2011.
On a non-GAAP basis, full year adjusted EPS from continuing operations, which
excludes the impact of CSC Credit Services acquisition fees, the pension
settlement, certain income tax items, and acquisition-related amortization
expense, was $2.97, up 18 percent from the prior year period.

"Our team's rigorous focus on executing key strategic initiatives enabled us
to deliver another quarter and full year of strong performance. We also
completed the acquisition of our largest affiliate, CSC Credit Services,
significantly enhancing our opportunities for both operating leverage and
profitability," said Richard F. Smith, Equifax's Chairman and Chief Executive
Officer. "We enter 2013 as a strong company with a broader base of
opportunities for growth in both revenue and earnings. As a result, we remain
confident in our long term business model, expecting to deliver topline growth
of 7% to 10%, attractive and expanding operating margins, and adjusted EPS
growth of 10% to 13%."

Quarterly Dividend Announcement

The Equifax Board of Directors has approved a 22% increase in the quarterly
cash dividend, increasing it to $0.22 per share from the previous quarterly
dividend of $0.18 per share.The cash dividend is payable on March 15, 2013,
to shareholders of record as of the close of business on February 22, 2013.
Equifax has paid cash dividends for 100 consecutive years.

Fourth Quarter 2012 Highlights 

  oOn December 28, 2012, we completed the acquisition of certain business
    assets and the operations of CSC Credit Services, Inc., a subsidiary of
    Computer Sciences Corporation, for $1.0 billion. The results of this
    acquisition have been included in our U.S. Consumer Information Solutions
    segment subsequent to the December 28^th date of acquisition and are not
    material for the fourth quarter of 2012. This acquisition was funded by
    the proceeds of a $500 million in 10-year bonds issued in 2012, commercial
    paper and cash on hand.
  oOperating margin was 17.0 percent for the fourth quarter of 2012, compared
    to 24.7 percent in the fourth quarter of 2011. On a non-GAAP basis,
    adjusted operating margin, which excludes transaction-related expenses
    associated with the acquisition of CSC Credit Services and the pension
    settlement, was 24.9 percent for the fourth quarter of 2012, up 20 basis
    points from 2011.
  oSubsequent to year end, we disposed of two small, non-strategic business
    units, Equifax Settlement Services and Talent Management Services. These
    businesses will be reported as discontinued operations beginning in the
    first quarter of 2013.

U.S. Consumer Information Solutions (USCIS)

Total revenue was $235.7 million in the fourth quarter of 2012 compared to
$215.6 million in the fourth quarter of 2011, an increase of 9 percent.

  oOnline Consumer Information Solutions revenue was $147.7 million, up 8
    percent from a year ago.
  oMortgage Solutions revenue was $42.7 million, up 28 percent from a year
    ago.
  oConsumer Financial Marketing Services revenue was $45.3 million, down 1
    percent when compared to a year ago.

Operating margin for USCIS was 37.4 percent in the fourth quarter of 2012
compared to 37.5 percent in the fourth quarter of 2011.

International

Total revenue was $124.7 million in the fourth quarter of 2012, a 7 percent
increase in both U.S. dollars and local currency from the fourth quarter of
2011.

  oLatin America revenue was $47.9 million, up 9 percent in local currency
    and 8 percent in U.S. dollars from a year ago.
  oEurope revenue was $43.6 million, up 3 percent in local currency and 4
    percent in U.S. dollars from a year ago.
  oCanada Consumer revenue was $33.2 million, up 7 percent in local currency
    and 10 percent in U.S. dollars from a year ago.

Operating margin for International was 29.8 percent in the fourth quarter of
2012 compared to 28.7 percent in the fourth quarter of 2011.

Workforce Solutions

Total revenue was $117.2 million in the fourth quarter of 2012, an 11 percent
increase over the fourth quarter of 2011.

  oVerification Services revenue was $69.6 million, up 27 percent when
    compared to a year ago.
  oEmployer Services revenue was $47.6 million, down 6 percent when compared
    to a year ago.

Operating margin for Workforce Solutions was 22.4 percent in the fourth
quarter of 2012 compared to 23.2 percent in the fourth quarter of 2011.

North America Personal Solutions

Revenue was $52.9 million, a 16 percent increase from the fourth quarter of
2011. Operating margin was 30.1 percent compared to 30.5 percent in the fourth
quarter of 2011.

North America Commercial Solutions

Revenue was $27.6 million, up 4 percent in U.S. dollars and local currency
compared to the fourth quarter of 2011. Operating margin was 34.4 percent
which was flat compared to the fourth quarter of 2011.

First Quarter and Full Year 2013 Outlook

Based on the current level of domestic and international business activity and
current foreign exchange rates as well as the continuing level of mortgage
activity, consolidated revenue for the first quarter of 2013 is expected to be
up 10 to 12 percent from the year-ago quarter. First quarter 2013 adjusted
EPS attributable to Equifax, which excludes the impact of acquisition-related
amortization expense, is expected to be between $0.84 and $0.87, up 20 to 24
percent from the first quarter of 2012. The outlook for adjusted EPS includes
a negative impact of approximately $0.01 resulting from the disposition of two
business units in the first quarter of 2013.

For the full year, revenue from continuing operations is expected to be up 10
to 12 percent and adjusted EPS from continuing operations attributable to
Equifax is expected to be between $3.56 and $3.64.

About Equifax

Equifaxis a global leader in consumer, commercial and workforce information
solutions, that provides businesses of all sizes and consumers with insight
and information they can trust. Equifax organizes and assimilates data on more
than 500 million consumers and 81 million businesses worldwide, and uses
advanced analytics and proprietary technology to create and deliver customized
insights that enrich both the performance of businesses and the lives of
consumers.

Headquartered in Atlanta, Equifax operates or has investments in 18 countries
and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is
traded on the New York Stock Exchange (NYSE) under the symbol EFX. For more
information, please visit www.equifax.com.

Earnings Conference Call and Audio Webcast

In conjunction with this release, Equifax will host a conference call
tomorrow, February 7, 2013, at 8:30 a.m. (EST) via a live audio webcast. To
access the webcast, go to the Investor Center of our website at
www.equifax.com. The discussion will be available via replay at the same site
shortly after the conclusion of the webcast. This press release is also
available at that website.

Non-GAAP Financial Measures

This news release contains certain non-GAAP financial measures which should be
reviewed in conjunction with the relevant GAAP financial measures and are not
presented as an alternative measure of operating revenue, operating income,
operating margin, or EPS as determined in accordance with GAAP.
Reconciliations of these non-GAAP financial measures to the most directly
comparable GAAP financial measures and related notes are presented in the Q&A
section of this release. This information can also be found under "Investor
Center/GAAP/Non-GAAP Measures" on our website at www.equifax.com.

Forward-Looking Statements

This press release contains certain estimates and other forward-looking
statements regarding Equifax's performance, including future revenues and
earnings per share. These statements can be identified by expressions of
belief, expectation or intention, as well as statements that are not
historical fact. These statements are based on certain factors and
assumptions including with respect to foreign exchange rates, expected growth,
results of operations, performance, business prospects and opportunities and
effective tax rates. While Equifax believes these factors and assumptions to
be reasonable based on information currently available, they may prove to be
incorrect.

A number of factors could cause actual results to differ materially from those
expressed or implied in the forward-looking statements, including, but not
limited to actions taken by us, including restructuring or strategic
initiatives (including capital investments or asset acquisitions or
dispositions), as well as from developments beyond our control, including, but
not limited to, changes in worldwide and U.S. economic conditions that
materially impact consumer spending, consumer debt and employment and the
demand for Equifax's products and services. Other risk factors include our
ability to successfully develop and market new products and services, respond
to pricing and other competitive pressures, complete and integrate
acquisitions and other investments and achieve targeted cost efficiencies;
attempted cyber and other security breaches and other disruptions to our
information technology infrastructure; changes in, and the effects of, laws
and regulations and government policies governing our business, including the
Dodd-Frank Wall Street Reform and Consumer Protection Act, in particular the
establishment of the Consumer Financial Protection Bureau with expansive
authority to write rules impacting our business, conduct examinations of our
credit reporting and other consumer –facing businesses and enforce consumer
financial protection laws and regulations; federal or state responses to
identity theft concerns; adverse or uncertain economic conditions and changes
in credit and financial markets; the European sovereign debt crisis and issues
in the U.S. with respect to its credit ratings and political concerns over
related budgetary matters; exchange rates; timing and amount of capital
expenditures; changes in capital markets and corresponding effects on
Equifax's capital resources, level of indebtedness and benefit plan
obligations; earnings exchange rates and the decisions of taxing authorities,
all of which could affect our effective tax rates; and potential adverse
developments in new and pending legal proceedings or government
investigations. Additional risks and uncertainties can be found in our Annual
Report on Form 10-K for the year ended December 31, 2011 under captions
"Forward-Looking Statements" and "Item 1A, "Risk Factors", and in our other
filings with the U.S. Securities and Exchange Commission. Forward-looking
statements are given only as at the date of this release and Equifax disclaims
any obligation to update or revise the forward-looking statements, whether as
a result of new information, future events or otherwise, except as required by
law.

EQUIFAX
CONSOLIDATED STATEMENTS OF INCOME
                                                  Three Months Ended
                                                  December 31,
                                                  2012           2011
(In millions, except per share amounts)         (Unaudited)
Operating revenue                                 $         $     
                                                  558.1         509.7
Operating expenses:
 Cost of services (exclusive of depreciation    215.8          191.5
and amortization below)
 Selling, general and administrative            206.5          151.3
expenses
 Depreciation and amortization                  40.6           41.2
 Total operating expenses                462.9          384.0
Operating income                                  95.2           125.7
 Interest expense                               (14.3)         (13.9)
 Other (expense) income, net                    1.1            1.0
Consolidated income before income taxes           82.0           112.8
 Provision for income taxes                     (33.8)         (38.3)
Consolidated income from continuing               48.2           74.5
operations
 Discontinued operations, net of tax           -              1.5
Consolidated net income                           48.2           76.0
 Less: Net income attributable to              (1.9)          (1.6)
noncontrolling interests
Net income attributable to Equifax               $        $      
                                                  46.3          74.4
Amounts attributable to Equifax:
 Income from continuing operations              $        $      
attributable to Equifax                           46.3          72.9
 Discontinued operations, net of tax            -              1.5
 Net income                                    $        $      
                                                  46.3          74.4
Basic earnings per common share:
 Income from continuing operations              $        $      
attributable to Equifax                           0.39          0.61
 Discontinued operations attributable to        -              0.01
Equifax
 Net income attributable to Equifax             $        $      
                                                  0.39          0.62
Weighted-average shares used in computing         119.8          120.3
basic earnings per share
Diluted earnings per common share:
 Income from continuing operations              $        $      
attributable to Equifax                           0.38          0.60
 Discontinued operations attributable to        -              0.01
Equifax
 Net income attributable to Equifax             $        $      
                                                  0.38          0.61
Weighted-average shares used in computing         122.4          122.2
diluted earnings per share
Dividends per common share                        $        $      
                                                  0.18          0.16





EQUIFAX
CONSOLIDATED STATEMENTS OF INCOME
                                                  Twelve Months Ended
                                                  December 31,
                                                  2012           2011
(In millions, except per share amounts)         (Unaudited)
Operating revenue                                 $          $    
                                                  2,160.5        1,959.8
Operating expenses:
 Cost of services (exclusive of depreciation    829.1          758.8
and amortization below)
 Selling, general and administrative            678.7          564.5
expenses
 Depreciation and amortization                  163.7          165.5
 Total operating expenses                1,671.5        1,488.8
Operating income                                  489.0          471.0
 Interest expense                               (55.4)         (55.1)
 Other income (expense), net                    6.6            (7.7)
Consolidated income from continuing operations    440.2          408.2
before income taxes
 Provision for income taxes                     (159.4)        (168.0)
Consolidated income from continuing               280.8          240.2
operations
 Discontinued operations, net of tax           -              1.5
Consolidated net income                           280.8          241.7
 Less: Net income attributable to              (8.7)          (8.8)
noncontrolling interests
Net income attributable to Equifax               $         $     
                                                  272.1         232.9
Amounts attributable to Equifax:
 Income from continuing operations              $         $     
attributable to Equifax                           272.1         231.4
 Discontinued operations, net of tax            -              1.5
 Net income                                    $         $     
                                                  272.1         232.9
Basic earnings per common share:
 Income from continuing operations              $        $      
attributable to Equifax                           2.27          1.90
 Discontinued operations attributable to        -              0.01
Equifax
 Net income attributable to Equifax             $        $      
                                                  2.27          1.91
Weighted-average shares used in computing         119.9          121.9
basic earnings per share
Diluted earnings per common share:
 Income from continuing operations              $        $      
attributable to Equifax                           2.22          1.87
 Discontinued operations attributable to        -              0.01
Equifax
 Net income attributable to Equifax             $        $      
                                                  2.22          1.88
Weighted-average shares used in computing         122.5          123.7
diluted earnings per share
Dividends per common share                        $        $      
                                                  0.72          0.64





EQUIFAX
CONSOLIDATED BALANCE SHEETS
                                                December 31,   December 31,
                                                2012           2011
(In millions, except par values)                (Unaudited)
ASSETS
Current assets:
 Cash and cash equivalents                    $        $      
                                                146.8          127.7
 Trade accounts receivable, net of
allowance for doubtful accounts of $6.3 and
$5.9 at
 December 31, 2012 and 2011,                317.0          284.4
respectively
 Prepaid expenses                             26.2           24.6
 Other current assets                        39.7           20.2
 Total current assets                       529.7          456.9
Property and equipment:
 Capitalized internal-use software and        369.9          332.2
system costs
 Data processing equipment and furniture      198.4          183.1
 Land, buildings and improvements             177.0          178.4
 Total property and equipment               745.3          693.7
 Less accumulated depreciation and            (461.6)        (400.8)
amortization
 Total property and equipment, net           283.7          292.9
Goodwill                                      2,290.4        1,961.2
Indefinite-lived intangible assets              254.5          95.6
Purchased intangible assets, net                987.7          550.2
Other assets, net                               165.1          161.9
 Total assets                             $          $    
                                                4,511.1       3,518.7
LIABILITIES AND EQUITY
Current liabilities:
 Short-term debt and current maturities      $        $       
of long-term debt                               283.3          47.2
 Accounts payable                            25.1           27.5
 Accrued expenses                            84.9           56.3
 Accrued salaries and bonuses                104.7          79.2
 Deferred revenue                           57.9           55.8
 Other current liabilities                   90.6           98.9
 Total current liabilities                646.5          364.9
Long-term debt                                  1,447.4        966.0
Deferred income tax liabilities, net            227.7          235.9
Long-term pension and other postretirement      176.3          176.4
benefit liabilities
Other long-term liabilities                     54.0           53.4
 Total liabilities                            2,551.9        1,796.6
Equifax shareholders' equity:
 Preferred stock, $0.01 par value:
Authorized shares - 10.0; Issued shares -       -              -
none
 Common stock, $1.25 par value: Authorized
shares - 300.0;
 Issued shares - 189.3 at December 31,
2012 and 2011;
 Outstanding shares - 120.4 and 119.6      236.6          236.6
at December 31, 2012 and 2011, respectively
 Paid-in capital                              1,139.6        1,118.0
 Retained earnings                            3,064.6        2,879.2
 Accumulated other comprehensive loss         (362.0)        (391.8)
 Treasury stock, at cost, 68.3 shares and
69.1 shares at December 31, 2012 and 2011,      (2,139.7)      (2,133.7)
respectively
 Stock held by employee benefits trusts, at   (5.9)          (5.9)
cost, 0.6 shares at December 31, 2012 and 2011
 Total Equifax shareholders' equity           1,933.2        1,702.4
Noncontrolling interests                        26.0           19.7
 Total equity                                 1,959.2        1,722.1
 Total liabilities and equity             $          $    
                                                4,511.1       3,518.7





EQUIFAX
CONSOLIDATED STATEMENTS OF CASH FLOWS
                                                  Twelve Months Ended
                                                  December 31,
                                                  2012           2011
(In millions)                                     (Unaudited)
Operating activities:
 Consolidated net income                         $    280.8  $    241.7
 Adjustments to reconcile consolidated net
income to net cash provided
 by operating activities:
 Loss on divestitures                        -              26.3
 Depreciation and amortization               163.4          164.9
 Stock-based compensation expense            28.0           24.4
 Excess tax benefits from stock-based        (1.7)          (1.2)
compensation plans
 Deferred income taxes                       (26.5)         3.6
 Pension settlement charge                   38.7           -
 Changes in assets and liabilities,
excluding effects of acquisitions:
 Accounts receivable, net                  (17.2)         (26.6)
 Prepaid expenses and other current        (22.5)         2.4
assets
 Other assets                              (4.0)          15.0
 Current liabilities, excluding debt       53.3           1.3
 Other long-term liabilities, excluding    4.0            (43.1)
debt
Cash provided by operating activities             496.3          408.7
Investing activities:
 Capital expenditures                          (66.0)         (75.0)
 Acquisitions, net of cash acquired            (1,016.4)      (127.4)
 Proceeds received from divestitures           2.5            2.5
 Investment in unconsolidated affiliates,      (3.7)          (4.2)
net
Cash used in investing activities                 (1,083.6)      (204.1)
Financing activities:
 Net short-term borrowings                     234.1          24.4
 Payments on long-term debt                    (15.2)         (16.7)
 Proceeds from issuance of long-term debt      499.2          -
 Treasury stock purchases                      (85.1)         (142.3)
 Dividends paid to Equifax shareholders        (86.0)         (78.1)
Dividends paid to noncontrolling interests        (4.8)          (5.6)
 Proceeds from exercise of stock options       68.3           23.7
 Excess tax benefits from stock-based          1.7            1.2
compensation plans
Other                                            (5.9)          (2.5)
Cash provided by (used in) financing              606.3          (195.9)
activities
Effect of foreign currency exchange rates on cash 0.1            (0.4)
and cash equivalents
Increase in cash and cash equivalents             19.1           8.3
Cash and cash equivalents, beginning of period    127.7          119.4
Cash and cash equivalents, end of period          $    146.8  $    127.7





Common Questions & Answers
(Unaudited)
(Dollars in
millions)
1. Can you provide a further analysis of operating revenue and
   operating income by operating segment?
   Operating revenue and operating income
   consist of the following components:
   (in millions)    Three Months Ended December 31,
                                                             Local
   Operating        2012     2011       $ Change  % Change   Currency
   revenue:                                                  %
                                                             Change*
   Online Consumer  $     $       $   
   Information             136.5           8%
   Solutions        147.7              11.2
   Mortgage         42.7     33.3       9.4       28%
   Solutions
   Consumer
   Financial        45.3     45.8       (0.5)     -1%
   Marketing
   Services
    Total U.S.
   Consumer         235.7    215.6      20.1      9%
   Information
   Solutions
   Latin America    47.9     44.5       3.4       8%         9%
   Europe           43.6     41.7       1.9       4%         3%
   Canada Consumer  33.2     30.1       3.1       10%        7%
    Total         124.7    116.3      8.4       7%         7%
   International
   Verification     69.6     54.9       14.7      27%
   Services
   Employer         47.6     50.9       (3.3)     -6%
   Services
    Total
   Workforce        117.2    105.8      11.4      11%
   Solutions
   North America
   Personal         52.9     45.6       7.3       16%
   Solutions
   North America
   Commercial       27.6     26.4       1.2       4%         4%
   Solutions
    Total         $     $       $   
   operating               509.7           9%         9%
   revenue          558.1              48.4
   (in millions)    Twelve Months Ended December 31,
                                                             Local
   Operating        2012     2011       $ Change  % Change   Currency
   revenue:                                                  %
                                                             Change*
   Online Consumer  $     $       $   
   Information             519.8           17%
   Solutions        607.0              87.2
   Mortgage         161.0    119.5      41.5      35%
   Solutions
   Consumer
   Financial        148.8    153.3      (4.5)     -3%
   Marketing
   Services
    Total U.S.
   Consumer         916.8    792.6      124.2     16%
   Information
   Solutions
   Latin America    187.4    208.8      (21.4)    -10%       -7%
   Europe           169.7    158.7      11.0      7%         10%
   Canada Consumer  129.1    125.4      3.7       3%         4%
    Total         486.2    492.9      (6.7)     -1%        1%
   International
   Verification     258.5    192.5      66.0      34%
   Services
   Employer         204.6    211.8      (7.2)     -3%
   Services
    Total
   Workforce        463.1    404.3      58.8      15%
   Solutions
   North America
   Personal         204.5    180.7      23.8      13%
   Solutions
   North America
   Commercial       89.9     89.3       0.6       1%         1%
   Solutions
    Total         $     $        $   
   operating                1,959.8           10%        11%
   revenue          2,160.5             200.7
   (in millions)    Three Months Ended December 31,
                             Operating            Operating
   Operating        2012     Margin     2011      Margin     $ Change  %
   income:                                                             Change
   U.S. Consumer    $                $                 $   
   Information            37.4%            37.5%        7.3  9%
   Solutions        88.1               80.8
   International    37.2     29.8%      33.5      28.7%      3.7       11%
   Workforce        26.2     22.4%      24.6      23.2%      1.6       7%
   Solutions
   North America
   Personal         16.0     30.1%      13.9      30.5%      2.1       15%
   Solutions
   North America
   Commercial       9.5      34.4%      9.1       34.4%      0.4       4%
   Solutions
   General
   Corporate        (81.8)   nm         (36.2)    nm         (45.6)    -126%
   Expense
    Total         $                $                 $   
   operating income       17.0%             24.7%      (30.5)   -24%
                    95.2               125.7
   (in millions)    Twelve Months Ended December 31,
                             Operating            Operating
   Operating        2012     Margin     2011      Margin     $ Change  %
   income:                                                             Change
   U.S. Consumer    $                $                 $   
   Information             37.3%             36.2%       54.4   19%
   Solutions        341.7              287.3
   International    143.8    29.6%      132.2     26.8%      11.6      9%
   Workforce        107.9    23.3%      90.7      22.4%      17.2      19%
   Solutions
   North America
   Personal         61.6     30.1%      54.1      29.9%      7.5       14%
   Solutions
   North America
   Commercial       19.8     22.0%      23.6      26.5%      (3.8)     -16%
   Solutions
   General
   Corporate        (185.8)  nm         (116.9)   nm         (68.9)    -59%
   Expense
    Total         $                $                 $   
   operating income        22.6%             24.0%       18.0   4%
                    489.0              471.0
   nm - not meaningful
   * Reflects percentage change in revenue conforming 2012
   results using 2011 exchange rates.



Common Questions & Answers (Unaudited)
(Dollars in millions)
2. What drove the fluctuation in the effective tax rate?
   Our effective tax rate from continuing operations was 41.2% for the three
   months ended December 31, 2012, up from 33.9% for the same periodin 2011.
   During the fourth quarter of 2011, we recognized a $4.2 million cumulative
   income tax benefit resulting from the recognition of an income tax
   deduction related to several prior years. Also, in the fourth quarter of
   2012, we incurred a $20.5 million tax charge resulting fromthe completion
   of an international tax restructuring completed during the current quarter.
   Additionally, we recognized a $15.3 million benefitas a result of the
   approval of a tax method change during the quarter.
3. Can you provide depreciation and amortization by segment?
   Depreciation and amortization are as follows:
                       Three Months Ended          Twelve Months Ended
                       December 31,                December 31,
                       2012           2011         2012         2011
   U.S. Consumer       $         $        $       $   
   Information                     11.0          41.7     
   Solutions           9.8                                     44.1
   International       6.1            6.4          24.8         26.9
   Workforce           17.5           16.8         68.8         66.6
   Solutions
   North America       1.7            1.6          7.0          6.0
   Personal Solutions
   North America
   Commercial          1.2            1.2          4.7          5.1
   Solutions
   General Corporate   4.3            4.2          16.7         16.8
   Expense
    Total             $         $        $       $   
   depreciation and       40.6     41.2         163.7     
   amortization                                                 165.5
4. What was the currency impact on the foreign operations?
   The U.S. dollar impact on operating revenue and operating income is as
   follows:
                       Three Months Ended December 31, 2012
                       Operating Revenue           Operating Income
                       Amount         %            Amount       %
                       $                      $     
   Canada Consumer                3%                    4%
                       1.0                        0.4
   Canada Commercial   0.2            0%           0.1          1%
   Europe              0.4            1%           0.1          1%
   Latin America       (0.7)          -1%          (0.6)        -4%
                       Twelve Months Ended December 31, 2012
                       Operating Revenue           Operating Income
                       Amount         %            Amount       %
                       $                      $     
   Canada Consumer                 -1%                    -1%
                       (1.4)                      (0.6)
   Canada Commercial   (0.3)          -1%          (0.1)        -1%
   Europe              (4.4)          -3%          (1.0)        -3%
   Latin America       (6.5)          -3%          (3.5)        -5%







Common Questions & Answers (Unaudited)
(Dollars in millions)
   Subsequent to year end, Equifax disposed of two, non-strategic business
5. units which will be reported as discontinued operations beginning with
   thefirst quarter of 2013. Also beginning in 2013, a realignment of our
   account management responsibilities resulted in transferring the
   responsibility for selected wholesale accounts from North America Personal
   Solutions to USCIS, for which we will make conforming adjustments to
   historic segment results for comparability.
   a) What will be the annual 2012 and 2011 as well as the quarterly 2012
   revenue, operating income and net income from continuing operations
   attributable to Equifax when historical results are adjusted to reflect the
   treatment of Equifax Settlement Services and Talent Management Services as
   discontinued operations?
                       YTD 2011    Q1 2012  Q2 2012  Q3 2012  Q4 2012  YTD
                                                                       2012
                       $       $     $     $     $     $   
   Proforma revenue                                    
                       1,893.2     505.9   513.2   520.0   533.9   2,073.0
   Proforma operating  $       $     $     $     $     $   
   income                                              
                       469.3      128.3   128.9   130.7    92.2  480.1
                       YTD 2011    Q1 2012  Q2 2012  Q3 2012  Q4 2012  YTD
                                                                       2012
   Net income from
   continuing
   operations
    attributable to   $       $     $     $     $     $   
   Equifax (as                                         
   reported)           231.4       71.5   76.4   77.9   46.3  272.1
   Operating income    (1.7)       (0.7)    (3.8)    (1.4)    (3.0)    (8.9)
   from disposals
   Other expense from  0.1         0.0      0.0      0.0      0.1      0.1
   disposals
   Income tax effect   0.6         0.3      1.4      0.5      1.1      3.3
   of disposals
   Proforma net income
   from continuing
   operations
    attributable to   $       $     $     $     $     $   
   Equifax                                           
                       230.4       71.1   74.0   77.0   44.5  266.6
   b) What will be the annual 2012 and 2011 as well as the quarterly 2012
   adjusted EPS of Equifax when historical results are adjusted to reflect
   the

   treatment of Equifax Settlement Services and Talent Management Services as
   discontinued operations?
                       YTD 2011    Q1 2012  Q2 2012  Q3 2012  Q4 2012  YTD
                                                                       2012
   Adjusted EPS (see   $       $     $     $     $     $   
   non-GAAP                                           
   reconciliations)    2.52        0.70   0.74   0.75   0.78   2.97
   Impact of disposals (0.02)      (0.01)   (0.02)   (0.01)   (0.02)   (0.06)
   Proforma adjusted   $       $     $     $     $     $   
   EPS                                                
                       2.50        0.69   0.72   0.74   0.76   2.91
   Weighted-average
   shares used in
   computing
    diluted EPS       123.7       122.4    122.8    122.2    122.4    122.5
   c) What will be the annual 2012 and 2011 as well as the quarterly 2012
   revenue and operating income for USCIS, Workforce Solutions and North
   America Personal Solutions segments when historical results are adjusted
   to reflect the treatment of Equifax Settlement Services and Talent
   Management Services as discontinued operations as well as change in
   reporting of certain wholesale revenue?
   USCIS
                       YTD 2011    Q1 2012  Q2 2012  Q3 2012  Q4 2012  YTD
                                                                       2012
   Revenue (as         $       $     $     $     $     $   
   reported)                                           
                       792.6      217.7   230.1   233.3   235.7   916.8
   Equifax Settlement  (44.4)      (12.0)   (17.1)   (18.7)   (18.7)   (66.5)
   Services revenue
   Revenue
   reclassification    16.9        4.6      4.5      5.3      4.6      19.0
   from PSOL
                       $       $     $     $     $     $   
   Proforma revenue                                    
                       765.1      210.3   217.5   219.9   221.6   869.3
   Operating income    $       $     $     $     $     $   
   (as reported)                                       
                       287.3       79.4   88.1   86.1   88.1  341.7
   Equifax Settlement
   Services operating  (0.5)       (0.7)    (3.5)    (1.3)    (2.2)    (7.7)
   income
   Operating income
   reclassification    12.8        2.7      2.7      3.4      2.4      11.2
   from PSOL
   Proforma operating  $       $     $     $     $     $   
   income                                              
                       299.6       81.4   87.3   88.2   88.3  345.2
   Workforce Solutions
                       YTD 2011    Q1 2012  Q2 2012  Q3 2012  Q4 2012  YTD
                                                                       2012
   Revenue (as         $       $     $     $     $     $   
   reported)                                           
                       404.3      113.7   115.2   117.0   117.2   463.1
   Talent Management   (22.1)      (4.8)    (5.5)    (5.2)    (5.5)    (21.0)
   Services revenue
                       $       $     $     $     $     $   
   Proforma revenue                                    
                       382.2      108.9   109.7   111.8   111.7   442.1
   Operating income    $       $     $     $     $     $   
   (as reported)                                      
                       90.7        26.2   26.9   28.6   26.2  107.9
   Talent Management
   Services operating  (1.2)       0.0      (0.3)    (0.1)    (0.8)    (1.2)
   income
   Proforma operating  $       $     $     $     $     $   
   income                                             
                       89.5        26.2   26.6   28.5   25.4  106.7
   North America
   Personal Solutions
                       YTD 2011    Q1 2012  Q2 2012  Q3 2012  Q4 2012  YTD
                                                                       2012
   Revenue (as         $       $     $     $     $     $   
   reported)                                           
                       180.7       49.5   50.7   51.4   52.9  204.5
   Revenue
   reclassification to (16.9)      (4.6)    (4.5)    (5.3)    (4.6)    (19.0)
   USCIS
                       $       $     $     $     $     $   
   Proforma revenue                                    
                       163.8       44.9   46.2   46.1   48.3  185.5
   Operating income    $       $     $     $     $     $   
   (as reported)                                      
                       54.1        14.0   15.1   16.5   16.0   61.6
   Operating income
   reclassification to (12.8)      (2.7)    (2.7)    (3.4)    (2.4)    (11.2)
   USCIS
   Proforma operating  $       $     $     $     $     $   
   income                                             
                       41.3        11.3   12.4   13.1   13.6   50.4





Reconciliations of Non-GAAP Financial Measures to the Comparable
GAAP Financial Measures (Unaudited)
(Dollars in millions, except per
share amounts)
   Reconciliation of net income from continuing operations attributable to
A. Equifax to diluted EPS attributable to Equifax, adjusted for

   CSC acquisition fees, a pension settlement, certain income tax items, the
   loss on the deconsolidation of our Brazilian

   business and acquisition-related amortization expense:
                                       Three Months Ended
                                       December 31,
                                       2012       2011     $ Change   %
                                                                      Change
   Net income from continuing          $      $     $    
   operations attributable to Equifax                     -36%
                                       46.3       72.9   (26.6)
    Fees associated with the
   acquisition of CSC Credit
   Services,                          3.2        -        3.2        nm

    net of tax (1)
    Pension settlement, net of tax    24.1       -        24.1       nm
   (2)
    Income tax impact of
   international tax restructuring     20.5       -        20.5       nm
   (3)
    Income tax benefits (4)           (15.3)     (4.2)    (11.1)     nm
   Net income from continuing
   operations attributable to
   Equifax,
    adjusted for acquisition fees,
   pension settlement
    and income tax items above        78.8       68.7     10.1       15%
    Acquisition-related amortization
   expense, net of tax, and
    cash income tax benefit of
   acquisition-related amortization
    expense of certain          16.1       14.3     1.8        12%
   acquired intangibles
   Net income from continuing
   operations attributable to
   Equifax,
    adjusted for CSC acquisition
   fees, pension settlement,
    certain income tax items and
   acquisition-related
                                       $      $     $    
    amortization expense                                14%
                                       94.9       83.0   11.9
   Diluted EPS from continuing
   operations attributable to
   Equifax,
    adjusted for CSC acquisition
   fees, pension settlement,
    certain income tax items and
   acquisition-related
                                       $      $     $    
    amortization expense                                14%
                                       0.78       0.68   0.10
   Weighted-average shares used in     122.4      122.2
   computing diluted EPS
                                       Twelve Months
                                       Ended
                                       December 31,
                                       2012       2011     $ Change   %
                                                                      Change
   Net income from continuing          $      $     $    
   operations attributable to Equifax                     18%
                                       272.1     231.4    40.7
   Fees associated with the
   acquisition of CSC Credit
   Services,                           3.2        -        3.2        nm

    net of tax (1)
    Pension settlement, net of tax    24.1       -        24.1       nm
   (2)
    Income tax impact of
   international tax restructuring     20.5       -        20.5       nm
   (3)
    Income tax benefits (4)           (15.3)     (4.2)    (11.1)     nm
    Loss on deconsolidation of        -          27.8     (27.8)     nm
   Brazilian business (5)
   Net income from continuing
   operations attributable to
   Equifax,
    adjusted for CSC acquisition
   fees, pension settlement, loss

   on deconsolidation of Brazilian   304.6      255.0    49.6       19%
   business and income

   taxitems
    Acquisition-related amortization
   expense, net of tax, and
    cash income tax benefit of
   acquisition-related amortization
    expense of certain acquired     59.0       57.0     2.0        3%
   intangibles
   Net income from continuing
   operations attributable to
   Equifax,
    adjusted for CSC acquisition
   fees, pension settlement,
    certain income tax items, loss on
   the deconsolidation of Brazilian
    business and acquisition-related  $      $     $    
   amortization expense                                   17%
                                       363.6     312.0    51.6
   Diluted EPS from continuing
   operations attributable to
   Equifax,
    adjusted for CSC acquisition
   fees, pension settlement,
    certain income tax items, loss on
   the deconsolidation of Brazilian
    business and acquisition-related  $      $     $    
   amortization expense                                  18%
                                       2.97       2.52   0.45
   Weighted-average shares used in     122.5      123.7
   computing diluted EPS
   nm - not
   meaningful
   (1) Fees associated with the acquisition of CSC Credit Services includes
   the fees incurred as a direct result of the acquisition, net of tax. See
   the Notes to
   this reconciliation for additional detail.
   (2) Pension settlement includes the non-cash charge incurred related to the
   voluntary settlement offer in the fourth quarter of 2012, net of tax. See
   the Notes
   to this reconciliation for additional detail.
   (3) We recorded $20.5 million of tax expense as a result of an
   international tax restructuring completed in the fourth quarter of 2012.
   See the Notes to this
   reconciliation for additional detail.
   (4) During the fourth quarter of 2012, we recorded a $15.3 million tax
   benefit as a result of an approved tax method change. During the fourth
   quarter of 2011,
   we recorded a $4.2 million cumulative income tax benefit resulting from the
   recognition of an income tax deduction related to several prior years. See
   the
   Notes to the reconciliation for additional detail.
   (5) Loss on the deconsolidation of Brazilian business includes the loss
   recognized on the merger, net of tax. See the Notes to this reconciliation
   for additional
   detail.







Reconciliations of Non-GAAP Financial Measures to the Comparable GAAP
Financial Measures (Unaudited)
(Dollars in millions, except per share amounts)
B. Reconciliation of operating income to adjusted operating income, excluding
    CSC acquisition fees and pension settlement, andpresentation of adjusted
    operating margin:
                                     Three Months Ended
                                     December 31,
                                     2012       2011        $ Change   %
                                                                       Change
                                     $      $       $    
    Revenue                                                 9%
                                     558.1     509.7       48.4
                                     $      $       $    
    Operating income                                        -24%
                                     95.2      125.7       (30.5)
        Fees associated with the
        acquisition of CSC Credit    5.0        -           5.0        nm
        Services (1)
        Pension settlement (2)       38.7       -           38.7       nm
    Adjusted operating income,
    excluding CSC acquisition fees
                                     $      $       $    
        and pension settlement                              11%
                                     138.9     125.7       13.2
    Adjusted operating margin        24.9%      24.7%
                                     Twelve Months Ended
                                     December 31,
                                     2012       2011        $ Change   %
                                                                       Change
                                     $      $       $    
    Revenue                                    1,959.8         10%
                                     2,160.5                200.7
                                     $      $       $    
    Operating income                                        4%
                                     489.0     471.0       18.0
        Fees associated with the
        acquisition of CSC Credit    5.0        -           5.0        nm
        Services (1)
        Pension settlement (2)       38.7       -           38.7       nm
    Adjusted operating income,
    excluding CSC acquisition fees
                                     $      $       $    
        and pension settlement                              13%
                                     532.7     471.0       61.7
    Adjusted operating margin        24.7%      24.0%
    nm - not meaningful
    (1) Fees associated with the acquisition of CSC Credit Services includes
    the fees incurred as a direct result of the acquisition. See the Notes
    to this reconciliation for additional detail.
    (2) Pension settlement includes the non-cash charge incurred related to
    the voluntary settlement offer in the fourth quarter of 2012. See the
    Notesto this reconciliation for additional detail.







Reconciliations of Non-GAAP Financial Measures to the Comparable GAAP
Financial Measures (Unaudited)
(Dollars in millions, except per share
amounts)
C. Reconciliation of operating revenue to adjusted operating revenue for
    Equifax Inc., International and Latin America,
    excluding the results of our Brazilian operations:
     Equifax Inc.
                     Twelve Months Ended                       Local
                     December 31,                              Currency
                     2012         2011       $ Change  %       % Change*
                                                       Change
     Operating       $        $      $   
     revenue                    1,959.8         10%     11%
                     2,160.5                 200.7
      Brazil       -            (35.4)     35.4
     revenue (1)
     Adjusted        $        $      $   
     operating                  1,924.4         12%     13%
     revenue         2,160.5                 236.1
     International
                     Twelve Months Ended                       Local
                     December 31,                              Currency
                     2012         2011       $ Change  %       % Change*
                                                       Change
     Operating       $        $      $   
     revenue                     492.9        -1%     1%
                     486.2                   (6.7)
      Brazil       -            (35.4)     35.4
     revenue (1)
     Adjusted        $        $      $   
     operating                   457.5        6%      9%
     revenue         486.2                   28.7
     Latin America
                     Twelve Months Ended                       Local
                     December 31,                              Currency
                     2012         2011       $ Change  %       % Change*
                                                       Change
     Operating       $        $      $   
     revenue                     208.8        -10%    -7%
                     187.4                  (21.4)
      Brazil       -            (35.4)     35.4
     revenue (1)
     Adjusted        $        $      $   
     operating                   173.4        8%      12%
     revenue         187.4                   14.0
     * Reflects percentage change in revenue conforming 2012 results using
     2011 exchange rates.
     (1) Revenue generated from our Brazilian operations that were merged with
     Boa Vista Servicos, S.A. in the second quarter of 2011. See
      the Notes to this reconciliation for additional
     detail.



Notes to Reconciliations of Non-GAAP Financial Measures to the Comparable GAAP
Financial Measures

Fees associated with the acquisition of CSC Credit Services – During the
fourth quarter of 2012, the Company acquired certain business assets and the
operations of CSC Credit Services, Inc., a subsidiary of Computer Sciences
Corporation. In conjunction with this acquisition, the Company incurred
approximately $5.0 million of transaction fees ($3.2 million, net of tax).
Management believes excluding these fees from certain financial results
provides meaningful supplemental information regarding our financial results
for the three and twelve months ended December 31, 2012, as compared to 2011,
since an acquisition and fees of such an amount are not comparable among the
periods. This is consistent with how our management reviews and assesses
Equifax's historically performance and is useful when planning, forecasting
and analyzing future periods.

Pension settlement – During the fourth quarter of 2012, the Company offered
certain employees a voluntary lump sum payment option of their pension
benefits or a reduced monthly annuity. The Company recorded a non-cash
settlement charge of $38.7 million ($24.1 million, net of tax). Management
believes excluding this charge from certain financial results provides
meaningful supplemental information regarding our financial results for the
three and twelve months ended December 31, 2012, as compared to 2011, since
this charge is unusual in nature and not comparable among the periods. This
is consistent with how our management reviews and assesses Equifax's
historically performance and is useful when planning, forecasting and
analyzing future periods.

International tax restructuring - During the fourth quarter of 2012, the
Company completed an international tax restructuring resulting in the
recognition of tax expense of $20.5 million. Management believes excluding
this income tax expense from certain financial results provides meaningful
supplemental information regarding our financial results for the three and
twelve months ended December 31, 2012, as compared to 2011, since income tax
expense associated with tax restructuring of such an amount is not comparable
among the periods. This is consistent with how our management reviews and
assesses Equifax's historical performance and is useful when planning,
forecasting and analyzing future periods.

Income tax benefits – During the fourth quarter of 2012, the Company recorded
a tax benefit as a result of tax authorities approving a tax method change
which impacted the tax expense recorded in connection with the merger of our
Brazilian business in the second quarter of 2011. During the fourth quarter
of 2011, the Company recorded a cumulative income tax benefit resulting from
the recognition of an income tax deduction related to several prior years.
Management believes excluding these income tax benefits from certain financial
results provides meaningful supplemental information regarding our financial
results for the three and twelve months ended December 31, 2012, as compared
to 2011, since these specific income tax benefits of such an amount are not
comparable among the periods. This is consistent with how our management
reviews and assesses Equifax's historical performance and is useful when
planning, forecasting and analyzing future periods.

Loss on the deconsolidation of Brazilian business – During the second quarter
of 2011, the Company completed the merger of our Brazilian business with and
into Boa Vista Servicos, S.A. ("BVS") in exchange for a 15 percent equity
interest in BVS. The Company recorded a $27.8 million loss on the
transaction. Management believes excluding the loss from certain financial
results provides meaningful supplemental information regarding our financial
results for the twelve months ended December 31, 2011, as compared to 2012,
since a deconsolidation and loss of such an amount is not comparable among the
periods. This is consistent with how our management reviews and assesses
Equifax's historical performance and is useful when planning, forecasting and
analyzing future periods.

Diluted EPS and net income from continuing operations attributable to Equifax,
adjusted for CSC acquisition fees, pension settlement, certain income tax
items, the loss on the deconsolidation of Brazilian business and
acquisition-related amortization expense - We calculate this financial measure
by excluding the impact of acquisition-related amortization expense and
including a benefit to reflect the material cash income tax savings resulting
from the income tax deductibility of amortization for certain acquired
intangibles.These financial measures are not prepared in conformity with
GAAP.Management believes excluding the impact of amortization expense is
useful because excluding acquisition-related amortization, and other items
that are not comparable, allows investors to evaluate our performance for
different periods on a more comparable basis. Certain acquired intangibles
result in material cash income tax savings which are not reflected in
earnings. Management believes that including a benefit to reflect the cash
income tax savings is useful as it allows investors to better value Equifax.
Management makes these adjustments to earnings when measuring operating
profitability, evaluating performance trends, setting performance objectives
and calculating our return on invested capital.

Adjusted operating income and operating margin, excluding CSC acquisition fees
and pension settlement - Management believes excluding the CSC acquisition
fees and the pension settlement from the calculation of operating income and
margin, on a non-GAAP basis, is useful because management excludes items that
are not comparable when measuring operating profitability, evaluating
performance trends, and setting performance objectives, and it allows
investors to evaluate our performance for different periods on a more
comparable basis by excluding items that impact comparability.

Adjusted operating revenue, excluding the results of our Brazilian operations
- Management believes excluding the Brazilian revenue from the calculation of
operating revenue, on a non-GAAP basis, is useful because it allows investors
to evaluate the Company's growth on a basis consistent with the current
composition of our business.

SOURCE Equifax Inc.

Website: http://www.equifax.com
Contact: Jeff Dodge, Investor Relations, +1-404-885-8804,
jeff.dodge@equifax.com, or Tim Klein, Media Relations, +1-404-885-8555,
tim.klein@equifax.com
 
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