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8-K - FORM 8-K - NYSE Euronexty83485e8vk.htm
EX-99.1 - EX-99.1 - NYSE Euronexty83485exv99w1.htm
EX-99.3 - EX-99.3 - NYSE Euronexty83485exv99w3.htm
EX-99.2 - EX-99.2 - NYSE Euronexty83485exv99w2.htm
EX-99.5 - EX-99.5 - NYSE Euronexty83485exv99w5.htm
EX-99.4 - EX-99.4 - NYSE Euronexty83485exv99w4.htm
Exhibit 99.6
                                         
    Consolidated          
    Quarterly 2009 Data          
 
    Three Months Ended        
$ in millions   March 31     June 30     September 30     December 31     Total  
Revenues
                                       
Transaction and Clearing Fees
  $ 830     $ 943     $ 849     $ 805     $ 3,427  
Market Data
    103       101       101       98       403  
Listing
    100       101       100       106       407  
Technology Services
    50       58       49       65       222  
Other Revenue
    59       49       61       56       225  
 
                             
Total Revenue
    1,142       1,252       1,160       1,130       4,684  
 
                                       
Transaction-based Expenses:
                                       
Section 31 Fees
    30       126       115       117       388  
Liquidity Payments, Routing & Clearing
    507       514       424       373       1,818  
 
                             
 
                                       
Total Revenue, Less Transaction-based Expenses
    605       612       621       640       2,478  
 
                                       
Merger Expenses & Exit Costs (M&E)
    23       442       8       43       516  
Other Operating Expenses
    422       397       426       431       1,676  
 
                             
Operating Income — GAAP
  $ 160     $ (227 )   $ 187     $ 166     $ 286  
 
                             
Operating Income — Excluding M&E
  $ 183     $ 215     $ 195     $ 209     $ 802  
 
                             
Operating Margin — Excluding M&E
    30 %     35 %     31 %     33 %     32 %
Certain items in the table above have been reclassified to conform to the anticipated presentation in our 2010 results of operations. To supplement NYSE Euronext’s consolidated financial statements prepared in accordance with GAAP and to better reflect period-over-period comparisons, NYSE Euronext uses non-GAAP financial measures of performance, financial position or cash flows that either exclude or include amounts that are not normally excluded or included in the most directly comparable measure, calculated and presented in accordance with GAAP. Non-GAAP financial measures do not replace and are not superior to the presentation of GAAP financial results, but are provided to (i) present the effects of certain merger expenses, exit costs and other special items and (ii) improve overall understanding of NYSE Euronext’s current financial performance and its prospects for the future. Specifically, NYSE Euronext believes the non-GAAP financial results provide useful information to both management and investors regarding certain additional financial and business trends relating to financial condition and operating results. In addition, management uses these measures for reviewing financial results and evaluating financial performance. The non-GAAP adjustments for all periods presented are based upon information and assumptions available as of the date of this filing.