Year ended December 31
(millions of U.S. dollars, unaudited)
2008
2007
Change
Organic
Pro forma revenues
Legal
$
3,531$
3,3186%
6%
Tax & Accounting
861
705
22%
10%
Scientific
604
565
7%
4%
Healthcare
468
452
4%
4%
Professional division
5,464
5,040
8%
6%
Sales & Trading
3,828
3,640
5%
4%
Investment & Advisory
2,371
2,207
7%
7%
Enterprise
1,295
1,139
14%
13%
Media
450
432
4%
0%
Markets division
7,944
7,418
7%
6%
Intercompany eliminations
(9)
(16)
Pro forma revenues – ongoing businesses1
13,399
12,442
8%
6%
Purchase accounting difference1
–
(86)
Disposals2
42
86
Pro forma revenues
$
13,441$
12,4428%
Pro forma operating profit
Legal
$
1,135$
1,0449%
Tax & Accounting
219
184
19%
Scientific
171
164
4%
Healthcare
85
85
0%
Professional division
1,610
1,477
9%
Markets division
1,406
1,117
26%
Corporate and Other
(502)
(424)
Amortization
(511)
(524)
Pro forma operating profit – ongoing businesses1
2,003
1,646
22%
Purchase accounting difference1
–
(86)
Disposals2
5
11
Impairment of assets held for sale
(72)
–
Pro forma operating profit
$
1,936$
1,57123%
1
Pro forma revenues from ongoing businesses and pro forma operating profit from ongoing businesses exclude the results of disposals (see note 2 below). These revenues exclude the initial one-time purchase accounting adjustment related to acquired revenue. Pro forma operating profit has been restated to reflect purchase accounting
adjustments based on the final valuation of net assets acquired.
2
Disposals include the results of businesses sold or held for sale that do not qualify as discontinued operations.
Annual Review Features
Downloads
Annual Review Features
Downloads