| Years ended December 31, 2007 and 2006 (In thousands of dollars, except per share amounts) |
|
2007 |
|
2006 |
| Revenue: |
|
|
|
|
| Issuer services |
$ |
133,939 |
$ |
108,483 |
| Trading and related |
|
169,237 |
|
146,253 |
| Market data |
|
110,241 |
|
86,941 |
| Business services and other (note 18) |
|
11,307 |
|
11,170 |
| |
|
424,724 |
|
352,847 |
| |
|
|
|
|
| Expenses: |
|
|
|
|
| Compensation and benefits |
|
96,251 |
|
79,006 |
| Information and trading systems |
|
26,505 |
|
22,014 |
| General and administration |
|
43,006 |
|
34,228 |
| Amortization |
|
15,838 |
|
13,048 |
| |
|
181,600 |
|
148,296 |
| |
|
|
|
|
| Income from operations |
|
243,124 |
|
204,551 |
| Income (loss) from investment in affiliate |
|
374 |
|
(82) |
| Investment income |
|
13,899 |
|
14,425 |
| Income before income taxes |
|
257,397 |
|
218,894 |
| Income taxes (note 17) |
|
108,700 |
|
87,370 |
| Net income |
$ |
148,697 |
$ |
131,524 |
| Earnings per share (note 16): |
|
|
|
|
| Basic |
$ |
2.19 |
$ |
1.92 |
| Diluted |
$ |
2.17 |
$ |
1.91 |
| |
|
|
|
|
| See accompanying notes to consolidated financial statements. |
|
|
|
|
