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

Wed Feb 6, 2013 4:09pm EST

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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

* On  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 28th  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.  
* Operating 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.  
* Subsequent 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.

* Online Consumer Information Solutions revenue was  $147.7 million, up 8
percent from a year ago.  
* Mortgage Solutions revenue was  $42.7 million, up 28 percent from a year ago. 

* Consumer 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.

* Latin America  revenue was  $47.9 million, up 9 percent in local currency and
8 percent in U.S. dollars from a year ago.   
* Europe  revenue was  $43.6 million, up 3 percent in local currency and 4
percent in U.S. dollars from a year ago.   
* Canada 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.

* Verification Services revenue was  $69.6 million, up 27 percent when compared
to a year ago.  
* Employer 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

Equifax is 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 and amortization below)                            215.8                         191.5                
 Selling, general and administrative expenses                                                   206.5                         151.3                
 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 operations                                                 48.2                          74.5                 
 Discontinued operations, net of tax                                                            -                             1.5                  
 Consolidated net income                                                                        48.2                          76.0                 
 Less:  Net income attributable to noncontrolling interests                                     (1.9)                         (1.6)                
 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 Equifax                                                -                             0.01                 
 Net income attributable to Equifax                                                             $              0.39           $              0.62  
 Weighted-average shares used in computing basic earnings per share                             119.8                         120.3                
                                                                                                                                                  
 Diluted earnings per common share:                                                                                                                
 Income from continuing operations attributable to Equifax                                      $              0.38           $              0.60  
 Discontinued operations attributable to Equifax                                                -                             0.01                 
 Net income attributable to Equifax                                                             $              0.38           $              0.61  
 Weighted-average shares used in computing diluted earnings per share                           122.4                         122.2                
 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 and amortization below)                            829.1                         758.8                
 Selling, general and administrative expenses                                                   678.7                         564.5                
 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 before income taxes                             440.2                         408.2                
 Provision for income taxes                                                                     (159.4)                       (168.0)              
 Consolidated income from continuing operations                                                 280.8                         240.2                
 Discontinued operations, net of tax                                                            -                             1.5                  
 Consolidated net income                                                                        280.8                         241.7                
 Less:  Net income attributable to noncontrolling interests                                     (8.7)                         (8.8)                
 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 Equifax                                                -                             0.01                 
 Net income attributable to Equifax                                                             $              2.27           $              1.91  
 Weighted-average shares used in computing basic earnings per share                             119.9                         121.9                
                                                                                                                                                  
 Diluted earnings per common share:                                                                                                                
 Income from continuing operations attributable to Equifax                                      $              2.22           $              1.87  
 Discontinued operations attributable to Equifax                                                -                             0.01                 
 Net income attributable to Equifax                                                             $              2.22           $              1.88  
 Weighted-average shares used in computing diluted earnings per share                           122.5                         123.7                
 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, respectively                                                                                        317.0                      284.4                 
 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 system costs                                                                              369.9                      332.2                 
 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 amortization                                                                                  (461.6)                    (400.8)               
 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 benefit liabilities                                                                  176.3                      176.4                 
 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 at December 31, 2012 and 2011, respectively                                                236.6                      236.6                 
 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, respectively                                 (2,139.7)                  (2,133.7)             
 Stock held by employee benefits trusts, at cost, 0.6 shares at December 31, 2012 and 2011                                        (5.9)                      (5.9)                 
 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 compensation plans                                             (1.7)                   (1.2)          
 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 assets                                                          (22.5)                  2.4            
 Other assets                                                                                      (4.0)                   15.0           
 Current liabilities, excluding debt                                                                53.3                    1.3            
 Other long-term liabilities, excluding debt                                                        4.0                     (43.1)         
 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, net                                                       (3.7)                   (4.2)          
 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 compensation plans                                             1.7                     1.2            
 Other                                                                                            (5.9)                   (2.5)          
 Cash provided by (used in) financing activities                                                    606.3                   (195.9)        
 Effect of foreign currency exchange rates on cash and cash equivalents                               0.1                     (0.4)          
 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,                                                                                                                                               
                                                                                                                                                                                                                              
                                                                                                                                                                                                                              
              Operating revenue:                         2012                                2011                           $ Change                            % Change                  Local Currency                      
                                                                                                                                                                                          % Change*                           
              Online Consumer Information Solutions      $            147.7                  $        136.5                 $                11.2               8%                                                            
              Mortgage Solutions                         42.7                                33.3                           9.4                                 28%                                                           
              Consumer Financial Marketing Services      45.3                                45.8                           (0.5)                               -1%                                                           
              Total U.S. Consumer Information Solutions  235.7                               215.6                          20.1                                9%                                                            
              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 International                        124.7                               116.3                          8.4                                 7%                        7%                                  
              Verification Services                      69.6                                54.9                           14.7                                27%                                                           
              Employer Services                          47.6                                50.9                           (3.3)                               -6%                                                           
              Total Workforce Solutions                  117.2                               105.8                          11.4                                11%                                                           
              North America Personal Solutions           52.9                                45.6                           7.3                                 16%                                                           
              North America Commercial Solutions         27.6                                26.4                           1.2                                 4%                        4%                                  
              Total operating revenue                    $            558.1                  $        509.7                 $                48.4               9%                        9%                                  
                                                                                                                                                                                                                              
                                                                                                                                                                                                                              
              (in millions)                              Twelve Months Ended December 31,                                                                                                                                              
                                                                                                                                                                                                                              
              Operating revenue:                         2012                                2011                           $ Change                            % Change                  Local Currency                      
                                                                                                                                                                                          % Change*                           
              Online Consumer Information Solutions      $            607.0                  $        519.8                 $                87.2               17%                                                           
              Mortgage Solutions                         161.0                               119.5                          41.5                                35%                                                           
              Consumer Financial Marketing Services      148.8                               153.3                          (4.5)                               -3%                                                           
              Total U.S. Consumer Information Solutions  916.8                               792.6                          124.2                               16%                                                           
              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 International                        486.2                               492.9                          (6.7)                               -1%                       1%                                  
              Verification Services                      258.5                               192.5                          66.0                                34%                                                           
              Employer Services                          204.6                               211.8                          (7.2)                               -3%                                                           
              Total Workforce Solutions                  463.1                               404.3                          58.8                                15%                                                           
              North America Personal Solutions           204.5                               180.7                          23.8                                13%                                                           
              North America Commercial Solutions         89.9                                89.3                           0.6                                 1%                        1%                                  
              Total operating revenue                    $         2,160.5                   $     1,959.8                  $              200.7                10%                       11%                                 
                                                                                                                                                                                                                              
                                                                                                                                                                                                                              
              (in millions)                              Three Months Ended December 31,                                                                                                                                                
                                                                                             Operating                                                          Operating                                                     
              Operating income:                          2012                                Margin                         2011                                Margin                    $ Change                % Change    
              U.S. Consumer Information Solutions        $              88.1                 37.4%                          $                80.8               37.5%                     $            7.3        9%          
              International                              37.2                                29.8%                          33.5                                28.7%                     3.7                     11%         
              Workforce Solutions                        26.2                                22.4%                          24.6                                23.2%                     1.6                     7%          
              North America Personal Solutions           16.0                                30.1%                          13.9                                30.5%                     2.1                     15%         
              North America Commercial Solutions         9.5                                 34.4%                          9.1                                 34.4%                     0.4                     4%          
              General Corporate Expense                  (81.8)                              nm                             (36.2)                              nm                        (45.6)                  -126%       
              Total operating income                     $              95.2                 17.0%                          $              125.7                24.7%                     $        (30.5)         -24%        
                                                                                                                                                                                                                              
              (in millions)                              Twelve Months Ended December 31,                                                                                                                                               
                                                                                             Operating                                                          Operating                                                     
              Operating income:                          2012                                Margin                         2011                                Margin                    $ Change                % Change    
              U.S. Consumer Information Solutions        $            341.7                  37.3%                          $              287.3                36.2%                     $          54.4         19%         
              International                              143.8                               29.6%                          132.2                               26.8%                     11.6                    9%          
              Workforce Solutions                        107.9                               23.3%                          90.7                                22.4%                     17.2                    19%         
              North America Personal Solutions           61.6                                30.1%                          54.1                                29.9%                     7.5                     14%         
              North America Commercial Solutions         19.8                                22.0%                          23.6                                26.5%                     (3.8)                   -16%        
              General Corporate Expense                  (185.8)                             nm                             (116.9)                             nm                        (68.9)                  -59%        
              Total operating income                     $            489.0                  22.6%                          $              471.0                24.0%                     $          18.0         4%          
                                                                                                                                                                                                                              
              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 period in 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 from the completion of an international tax restructuring completed during the current quarter. Additionally, we recognized a $15.3 million benefit as 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 Solutions      $                    9.8                                                          $           11.0                                                         $                  41.7                                                             $               44.1                                                                
              International                            6.1                                                                               6.4                                                                      24.8                                                                                26.9                                                                                
              Workforce Solutions                      17.5                                                                              16.8                                                                     68.8                                                                                66.6                                                                                
              North America Personal Solutions         1.7                                                                               1.6                                                                      7.0                                                                                 6.0                                                                                 
              North America Commercial Solutions       1.2                                                                               1.2                                                                      4.7                                                                                 5.1                                                                                 
              General Corporate Expense                4.3                                                                               4.2                                                                      16.7                                                                                16.8                                                                                
              Total depreciation and amortization      $                  40.6                                                           $           41.2                                                         $                163.7                                                              $             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                          $                    1.0                                                          3%                                                                       $                    0.4                                                            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                          $                  (1.4)                                                          -1%                                                                      $                  (0.6)                                                            -1%                                                                                 
              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)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
 5.           Subsequent to year end, Equifax disposed of two, non-strategic business units which will be reported as discontinued operations beginning with the first 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 from disposals                 (1.7)                                                                               (0.7)                                                                               (3.8)                                                                               (1.4)                                                                               (3.0)                                                                               (8.9)                                     
              Other expense from disposals                    0.1                                                                                 0.0                                                                                 0.0                                                                                 0.0                                                                                 0.1                                                                                 0.1                                       
              Income tax effect of disposals                  0.6                                                                                 0.3                                                                                 1.4                                                                                 0.5                                                                                 1.1                                                                                 3.3                                       
              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 Services revenue             (44.4)                                                                              (12.0)                                                                              (17.1)                                                                              (18.7)                                                                              (18.7)                                                                              (66.5)                                    
              Revenue reclassification from PSOL              16.9                                                                                4.6                                                                                 4.5                                                                                 5.3                                                                                 4.6                                                                                 19.0                                      
              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 income    (0.5)                                                                               (0.7)                                                                               (3.5)                                                                               (1.3)                                                                               (2.2)                                                                               (7.7)                                     
              Operating income reclassification from PSOL     12.8                                                                                2.7                                                                                 2.7                                                                                 3.4                                                                                 2.4                                                                                 11.2                                      
              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 Services revenue              (22.1)                                                                              (4.8)                                                                               (5.5)                                                                               (5.2)                                                                               (5.5)                                                                               (21.0)                                    
              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 income     (1.2)                                                                               0.0                                                                                 (0.3)                                                                               (0.1)                                                                               (0.8)                                                                               (1.2)                                     
              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 USCIS               (16.9)                                                                              (4.6)                                                                               (4.5)                                                                               (5.3)                                                                               (4.6)                                                                               (19.0)                                    
              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 USCIS      (12.8)                                                                              (2.7)                                                                               (2.7)                                                                               (3.4)                                                                               (2.4)                                                                               (11.2)                                    
              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)                                                                                                                                                                                                                         
                                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                    
 A.         Reconciliation of net income from continuing operations attributable to 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                                      $                  46.3               $                 72.9               $                 (26.6)               -36%                                   
            Fees associated with the acquisition of CSC Credit Services,                                       3.2                                   -                                    3.2                                    nm                                     
            
     net of tax (1)                                                                                                                                                                                                                                        
            Pension settlement, net of tax (2)                                                                 24.1                                  -                                    24.1                                   nm                                     
            Income tax impact of international tax restructuring (3)                                           20.5                                  -                                    20.5                                   nm                                     
            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 acquired intangibles                                                            16.1                                  14.3                                 1.8                                    12%                                    
            Net income from continuing operations attributable to Equifax,                                                                                                                                                                                              
            adjusted for CSC acquisition fees, pension settlement,                                                                                                                                                                                                      
            certain income tax items and acquisition-related                                                                                                                                                                                                            
            amortization expense                                                                               $                  94.9               $                 83.0               $                   11.9               14%                                    
            Diluted EPS from continuing operations attributable to Equifax,                                                                                                                                                                                             
            adjusted for CSC acquisition fees, pension settlement,                                                                                                                                                                                                      
            certain income tax items and acquisition-related                                                                                                                                                                                                            
            amortization expense                                                                               $                  0.78               $                 0.68               $                   0.10               14%                                    
            Weighted-average shares used in computing diluted EPS                                              122.4                                 122.2                                                                                                              
                                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                    
                                                                                                           Twelve Months Ended                                                                                                                                        
                                                                                                           December 31,                                                                                                                                               
                                                                                                           2012                                  2011                                 $ Change                               % Change                               
                                                                                                                                                                                                                                                                    
            Net income from continuing operations attributable to Equifax                                      $                272.1                $               231.4                $                   40.7               18%                                    
            Fees associated with the acquisition of CSC Credit Services,                                       3.2                                   -                                    3.2                                    nm                                     
            
    net of tax (1)                                                                                                                                                                                                                                         
            Pension settlement, net of tax (2)                                                                 24.1                                  -                                    24.1                                   nm                                     
            Income tax impact of international tax restructuring (3)                                           20.5                                  -                                    20.5                                   nm                                     
            Income tax benefits (4)                                                                            (15.3)                                (4.2)                                (11.1)                                 nm                                     
            Loss on deconsolidation of Brazilian business (5)                                                  -                                     27.8                                 (27.8)                                 nm                                     
            Net income from continuing operations attributable to Equifax,                                                                                                                                                                                              
            adjusted for CSC acquisition fees, pension settlement,  loss                                       304.6                                 255.0                                49.6                                   19%                                    
            
  on  deconsolidation of Brazilian business and income                                                                                                                                                                                                     
            
  tax items                                                                                                                                                                                                                                                
            Acquisition-related amortization expense, net of tax, and                                                                                                                                                                                                   
            cash income tax benefit of acquisition-related amortization                                                                                                                                                                                                 
            expense of certain acquired intangibles                                                            59.0                                  57.0                                 2.0                                    3%                                     
            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                                              $                363.6                $               312.0                $                   51.6               17%                                    
            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                                              $                  2.97               $                 2.52               $                   0.45               18%                                    
            Weighted-average shares used in computing diluted EPS                                              122.5                                 123.7                                                                                                              
                                                                                                                                                                                                                                                                    
            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, and presentation of adjusted operating margin:                                                                                                         
        
                                                                                                                                                                                                                                                                          
                                                                                                              Three Months Ended                                                                                                                                              
                                                                                                              December 31,                                                                                                                                                    
                                                                                                              2012                                      2011                                    $ Change                                   % Change                       
                                                                                                                                                                                                                                                                          
        Revenue                                                                                                   $                558.1                    $               509.7                   $                   48.4                   9%                             
                                                                                                                                                                                                                                                                          
        Operating income                                                                                          $                  95.2                   $               125.7                   $                 (30.5)                   -24%                           
                         Fees associated with the acquisition of CSC Credit Services (1)                          5.0                                       -                                       5.0                                        nm                             
                         Pension settlement (2)                                                                  38.7                                      -                                       38.7                                       nm                             
        Adjusted operating income, excluding CSC acquisition fees                                                                                                                                                                                                             
                         and pension settlement                                                                  $                138.9                    $               125.7                   $                   13.2                   11%                            
                                                                                                                                                                                                                                                                          
        Adjusted operating margin                                                                                 24.9%                                     24.7%                                                                                                             
                                                                                                                                                                                                                                                                          
                                                                                                              Twelve Months Ended                                                                                                                                             
                                                                                                              December 31,                                                                                                                                                    
                                                                                                              2012                                      2011                                    $ Change                                   % Change                       
                                                                                                                                                                                                                                                                          
        Revenue                                                                                                   $             2,160.5                     $            1,959.8                    $                 200.7                    10%                            
                                                                                                                                                                                                                                                                          
        Operating income                                                                                          $                489.0                    $               471.0                   $                   18.0                   4%                             
                         Fees associated with the acquisition of CSC Credit Services (1)                          5.0                                       -                                       5.0                                        nm                             
                         Pension settlement (2)                                                                  38.7                                      -                                       38.7                                       nm                             
        Adjusted operating income, excluding CSC acquisition fees                                                                                                                                                                                                             
                         and pension settlement                                                                  $                532.7                    $               471.0                   $                   61.7                   13%                            
                                                                                                                                                                                                                                                                          
        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 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)                                                                                                                                                                                       
                                                                                                                                                                                                 
                                                                                                                                                                                                 
                                                                                                                                                                                                 
 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 December 31,                                                                                                    Local Currency  
                                                 2012                                 2011                            $ Change                             % Change              % Change*       
                     Operating revenue           $             2,160.5                $          1,959.8              $                200.7               10%                   11%             
                     Brazil revenue (1)          -                                    (35.4)                          35.4                                                                       
                     Adjusted operating revenue  $             2,160.5                $          1,924.4              $                236.1               12%                   13%             
                                                                                                                                                                                                 
                                                                                                                                                                                                 
                                                                                                                                                                                                 
                     International                                                                                                                                                                       
                                                                                                                                                                                                 
                                                 Twelve Months Ended December 31,                                                                                                    Local Currency  
                                                 2012                                 2011                            $ Change                             % Change              % Change*       
                     Operating revenue           $                486.2               $             492.9             $                  (6.7)             -1%                   1%              
                     Brazil revenue (1)          -                                    (35.4)                          35.4                                                                       
                     Adjusted operating revenue  $                486.2               $             457.5             $                  28.7              6%                    9%              
                                                                                                                                                                                                 
                                                                                                                                                                                                 
                                                                                                                                                                                                 
                     Latin America                                                                                                                                                                       
                                                                                                                                                                                                 
                                                 Twelve Months Ended December 31,                                                                                                    Local Currency  
                                                 2012                                 2011                            $ Change                             % Change              % Change*       
                     Operating revenue           $                187.4               $             208.8             $                (21.4)              -10%                  -7%             
                     Brazil revenue (1)          -                                    (35.4)                          35.4                                                                       
                     Adjusted operating revenue  $                187.4               $             173.4             $                  14.0              8%                    12%             
                                                                                                                                                                                                 
                                                                                                                                                                                                 
                     * 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.


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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