This document provides supplemental financial information for Realogy Corporation for quarters ended March 31, 2007, June 30, 2007, and September 30, 2007. It includes condensed consolidated statements of operations, balance sheets, and cash flows. Key highlights include net revenues of $1.373 billion for Q1 2007, $1.657 billion for Q2 2007, and $1.626 billion for Q3 2007. Net income (loss) was $32 million for Q1 2007, ($149) million for Q2 2007, and ($55) million for Q3 2007. Total assets were $6.598 billion as of March 31, 2007, $12.170 billion as of June 30, 2007, and $12.
Realogy Corporation reported financial results for the first quarter of 2008. Net revenue totaled $1.05 billion, EBITDA was $4 million, and net loss was $132 million due mainly to interest expense of $164 million. Home sale transaction sides declined 25% at Realogy Franchise Group and 27% at NRT compared to the first quarter of 2007. Realogy's senior secured leverage ratio was 4.2 to 1, well within the maximum allowable ratio of 5.6 to 1 under its credit agreement, demonstrating strong covenant compliance.
Realogy announced the appointment of V. Ann Hailey to its Board of Directors and as the future Chairman of its Audit Committee. Ms. Hailey is a retired executive from Limited Brands with over 20 years of experience as a chief financial officer. As a new independent director, Ms. Hailey will receive an annual stipend of $150,000 paid in both restricted stock and cash, as well as additional compensation for serving as Audit Committee Chair. She was also issued a welcome grant of stock options as part of her new role.
Realogy announced the appointment of V. Ann Hailey to its Board of Directors and as the future Chairman of its Audit Committee. Ms. Hailey is a retired executive from Limited Brands with over 20 years of experience as a chief financial officer. As a new independent director, Ms. Hailey will receive an annual stipend of $150,000 paid in both restricted stock and cash, as well as additional compensation for serving as Audit Committee Chair. She was also issued a welcome grant of stock options in the company.
This document is Eastman Kodak Company's Form 10-Q filing for the quarter ended June 30, 2008. It includes the company's consolidated financial statements and notes. Key details include:
- Net sales for the quarter were $2.485 billion and net earnings were $495 million.
- Cash and cash equivalents totaled $2.308 billion as of June 30, 2008.
- Total assets were $13.032 billion and total liabilities were $9.509 billion.
Realogy Corporation filed a Form 8-K with the SEC to clarify comments made by Henry Silverman, the non-executive chairman of Realogy's board, during a CNBC interview. The Form 8-K notes that Silverman was incorrectly introduced as Realogy's CEO during the interview. It also clarifies that Silverman's comments about Realogy's financial forecasts and market conditions should not be construed as guidance from the company. Specifically, Realogy has not provided financial guidance for 2008 and did not disclose forecasts for average home sale prices or total annual home sale units in the US that were mentioned. Realogy also clarified reported home sale transaction figures for California that did not represent its actual
Realogy Corporation filed a Form 8-K with the SEC to clarify comments made by Henry Silverman, the non-executive chairman of Realogy's board, during a CNBC interview. The Form 8-K notes that Silverman was incorrectly introduced as Realogy's CEO during the interview. It also clarifies that Silverman's comments about Realogy's financial forecasts and market conditions should not be construed as guidance from the company. Specifically, Realogy has not provided financial guidance for 2008 and did not disclose forecasts for average home sale prices or total annual home sale units in the US that were mentioned. Realogy also clarified reported home sale transaction figures for California that did not represent the company
This document is a table of contents for SunTrust Banks Inc.'s quarterly report on Form 10-Q for the quarter ended September 30, 2003. It lists various sections that will be included in the report, such as financial statements, management's discussion and analysis, market risk disclosures, and controls and procedures. The financial statements section includes consolidated statements of income, balance sheets, cash flows, and shareholders' equity for the periods presented.
Revenues for Realogy Corporation were $1.3 billion for the third quarter of 2008. The company reported a net loss of $50 million for the quarter. Key factors negatively impacting results included $45 million in non-cash losses from Realogy's investment in its loan origination joint venture and $15 million in restructuring charges. Realogy's real estate business drivers such as home sale transactions and average home prices declined compared to the prior year quarter, consistent with broader housing market trends. Realogy remains focused on reducing costs and investing in growth areas of the business during a challenging economic environment.
Revenues for Realogy Corporation were $1.3 billion for the third quarter of 2008. The company reported a net loss of $50 million for the quarter. Key factors negatively impacting results included $45 million in non-cash losses from Realogy's investment in its loan origination joint venture and $15 million in restructuring charges. Realogy's real estate transaction volumes and home sale prices declined compared to the prior year, consistent with broader housing market trends. The company remained focused on reducing costs through initiatives that have already improved profitability by over $350 million.
Realogy Corporation reported its full-year 2007 pro forma combined financial results. Key details include:
- Revenue of $6.0 billion
- Adjusted EBITDA of $816 million
- A net loss of $605 million, largely due to $445 million in non-cash impairment charges recorded in Q4 2007.
- The company exited its "at-risk" government relocation business, which is expected to improve cash flow by $50 million in 2008.
Realogy Corporation announced preliminary unaudited results for full year 2007:
- Adjusted EBITDA was $704 million, within previous guidance of $700-725 million.
- Cash balance was $165 million on December 31, 2007.
- $750 million revolving credit facility was undrawn on that date.
The results have not been finalized or audited. Realogy expects to release audited full year 2007 results and hold a conference call in mid-March 2008.
Realogy Corporation reported financial results for the first quarter of 2008. Net revenue totaled $1.05 billion, EBITDA was $4 million, and net loss was $132 million due mainly to interest expense of $164 million. Home sale transaction sides declined 25% at RFG and 27% at NRT compared to the first quarter of 2007. However, Realogy remained in compliance with debt covenants as its senior secured leverage ratio of 4.2x was well below the allowable ratio of 5.6x. Realogy also highlighted strategic accomplishments including franchise sales growth and retention of sales associates.
Realogy Corporation reported financial results for the first quarter of 2008. Net revenue totaled $1.05 billion, EBITDA was $4 million, and net loss was $132 million due mainly to interest expense of $164 million. Home sale transaction sides declined 25% at Realogy Franchise Group and 27% at NRT compared to the first quarter of 2007. Realogy's senior secured leverage ratio was 4.2 to 1, well within the maximum allowable ratio of 5.6 to 1 under its credit agreement, demonstrating strong covenant compliance.
Realogy announced the appointment of V. Ann Hailey to its Board of Directors and as the future Chairman of its Audit Committee. Ms. Hailey is a retired executive from Limited Brands with over 20 years of experience as a chief financial officer. As a new independent director, Ms. Hailey will receive an annual stipend of $150,000 paid in both restricted stock and cash, as well as additional compensation for serving as Audit Committee Chair. She was also issued a welcome grant of stock options as part of her new role.
Realogy announced the appointment of V. Ann Hailey to its Board of Directors and as the future Chairman of its Audit Committee. Ms. Hailey is a retired executive from Limited Brands with over 20 years of experience as a chief financial officer. As a new independent director, Ms. Hailey will receive an annual stipend of $150,000 paid in both restricted stock and cash, as well as additional compensation for serving as Audit Committee Chair. She was also issued a welcome grant of stock options in the company.
This document is Eastman Kodak Company's Form 10-Q filing for the quarter ended June 30, 2008. It includes the company's consolidated financial statements and notes. Key details include:
- Net sales for the quarter were $2.485 billion and net earnings were $495 million.
- Cash and cash equivalents totaled $2.308 billion as of June 30, 2008.
- Total assets were $13.032 billion and total liabilities were $9.509 billion.
Realogy Corporation filed a Form 8-K with the SEC to clarify comments made by Henry Silverman, the non-executive chairman of Realogy's board, during a CNBC interview. The Form 8-K notes that Silverman was incorrectly introduced as Realogy's CEO during the interview. It also clarifies that Silverman's comments about Realogy's financial forecasts and market conditions should not be construed as guidance from the company. Specifically, Realogy has not provided financial guidance for 2008 and did not disclose forecasts for average home sale prices or total annual home sale units in the US that were mentioned. Realogy also clarified reported home sale transaction figures for California that did not represent its actual
Realogy Corporation filed a Form 8-K with the SEC to clarify comments made by Henry Silverman, the non-executive chairman of Realogy's board, during a CNBC interview. The Form 8-K notes that Silverman was incorrectly introduced as Realogy's CEO during the interview. It also clarifies that Silverman's comments about Realogy's financial forecasts and market conditions should not be construed as guidance from the company. Specifically, Realogy has not provided financial guidance for 2008 and did not disclose forecasts for average home sale prices or total annual home sale units in the US that were mentioned. Realogy also clarified reported home sale transaction figures for California that did not represent the company
This document is a table of contents for SunTrust Banks Inc.'s quarterly report on Form 10-Q for the quarter ended September 30, 2003. It lists various sections that will be included in the report, such as financial statements, management's discussion and analysis, market risk disclosures, and controls and procedures. The financial statements section includes consolidated statements of income, balance sheets, cash flows, and shareholders' equity for the periods presented.
Revenues for Realogy Corporation were $1.3 billion for the third quarter of 2008. The company reported a net loss of $50 million for the quarter. Key factors negatively impacting results included $45 million in non-cash losses from Realogy's investment in its loan origination joint venture and $15 million in restructuring charges. Realogy's real estate business drivers such as home sale transactions and average home prices declined compared to the prior year quarter, consistent with broader housing market trends. Realogy remains focused on reducing costs and investing in growth areas of the business during a challenging economic environment.
Revenues for Realogy Corporation were $1.3 billion for the third quarter of 2008. The company reported a net loss of $50 million for the quarter. Key factors negatively impacting results included $45 million in non-cash losses from Realogy's investment in its loan origination joint venture and $15 million in restructuring charges. Realogy's real estate transaction volumes and home sale prices declined compared to the prior year, consistent with broader housing market trends. The company remained focused on reducing costs through initiatives that have already improved profitability by over $350 million.
This document is International Paper Company's Form 10-Q filing for the quarterly period ended June 30, 2008. It includes International Paper's consolidated financial statements and management's discussion and analysis. Some key details include:
- For the quarter, International Paper reported net sales of $5.8 billion and net earnings from continuing operations before taxes of $302 million.
- For the 6 months ended June 30, 2008, net sales were $11.5 billion and earnings from continuing operations before taxes were $900 million.
- As of August 6, 2008 there were 427,553,778 shares of International Paper common stock outstanding.
Reliance Steel & Aluminum Co. filed a Form 8-K with the SEC to provide information on its pending acquisition of PNA Group Holding Corporation. The filing includes audited and unaudited financial statements of PNA for 2005-2007 and Q1 2008. It also includes unaudited pro forma financial information reflecting the acquisition and related transactions. The acquisition and related transactions are subject to closing conditions and there is no assurance they will be consummated.
interpublic group 34100003-2F4E-40D3-A9C0-B68152CB62B2_IPG_q308_10Qfinance44
This 10-Q filing by Interpublic Group of Companies provides financial information for the third quarter of 2008:
- Revenue for the quarter was $1.74 billion, up 12% from the third quarter of 2007.
- Net income applicable to common stockholders was $38.7 million compared to a net loss of $28.8 million in the prior year quarter.
- Cash flows from operating activities was $146.1 million for the first nine months of 2008 compared to cash used of $219.8 million in the same period of 2007.
interpublic group 34100003-2F4E-40D3-A9C0-B68152CB62B2_IPG_q308_10Qfinance44
This 10-Q filing from Interpublic Group provides financial information for the third quarter of 2008:
- Revenue for the quarter was $1.74 billion, up from $1.56 billion in the third quarter of 2007. Operating income was $116.3 million compared to $51.1 million in the prior year.
- The balance sheet as of September 30, 2008 showed total assets of $12.1 billion including $1.69 billion of cash and cash equivalents. Total liabilities were $9.69 billion and stockholders' equity was $2.41 billion.
- In the first nine months of 2008, net cash provided by operating activities was $146.1 million, which was
- Eastman Kodak Company filed a Form 10-Q quarterly report for the period ending March 31, 2008 with the SEC.
- The report includes financial statements such as the consolidated statement of operations, retained earnings, and financial position as well as management's discussion and analysis of financial condition and results of operations.
- For the quarter, Kodak reported a net loss of $115 million compared to a net loss of $151 million in the same period the previous year.
This 10-Q filing by Sunoco Inc. provides:
1) Financial statements for the quarter ending March 31, 2008 including income statements, balance sheets, and cash flow statements along with accompanying notes.
2) Management's discussion and analysis of financial condition and results of operations.
3) Disclosures around market risk, controls and procedures, legal proceedings, risk factors, and other information. The filing includes signatures and exhibits such as CEO/CFO certifications.
The document is a Form 8-K filed by Micron Technology, Inc. with the SEC on February 7, 2006. It announces the appointment of new members to the company's Governance and Compensation Committee and Audit Committee. It also announces the appointment of a new Chief Operating Officer and other executive officers. Additionally, it amends the company's bylaws to increase the authorized number of directors. Financial information is also provided for two new business segments - Memory and Imaging - consistent with the company's new presentation structure.
This document is an amendment to Micron Technology, Inc.'s Quarterly Report on Form 10-Q for the fiscal quarter ended December 4, 2003. It is being filed to replace the certifications of the Chief Executive Officer and Chief Financial Officer to reflect new language requirements. No other changes are being made except revisions to the certifications. The amendment provides concise summaries of key exhibits and reports filed during the quarter.
This financial review provides operating and financial information for Northeast Utilities (NU) and its subsidiaries through June 30, 2008. Key information includes:
- NU's consolidated revenues for 2007 were $5.822 billion and operating income was $539 million.
- The largest subsidiary, The Connecticut Light and Power Company (CL&P), had revenues of $3.682 billion in 2007 and operating income of $285 million.
- Financial information such as sales, revenues, income, capitalization, debt ratings and dividend payments are presented for NU, CL&P and other subsidiaries from 2007 back to 2003.
1. The 2008 Annual Meeting of Shareholders of Northeast Utilities will be held on May 13, 2008 at 10:30am at the offices of Public Service Company of New Hampshire.
2. Matters to be voted on include electing 12 trustee nominees and ratifying the selection of Deloitte & Touche LLP as the independent auditors for 2008.
3. Directions to the meeting location in Manchester, NH are provided. Shareholders are urged to vote their shares whether attending the meeting or not.
- Net sales increased significantly from $4.74 billion in 1999 to $7.13 billion in 2000. Net income increased slightly from $515.8 million in 1999 to $422 million in 2000.
- The Telecommunications segment saw the largest increase in revenues from $2.96 billion in 1999 to $5.12 billion in 2000, driving the overall revenue growth.
- Pro forma diluted earnings per share, which excludes certain one-time items, increased from $0.67 in 1999 to $1.23 in 2000 despite a smaller increase in net income, reflecting share repurchases.
This annual report summarizes Corning Inc.'s financial performance in 2001, which saw a significant downturn from 2000 due to challenging conditions in the telecommunications sector and global economic weakness. Net sales fell 12% to $6.3 billion and the company reported a net loss of $5.5 billion compared to net income of $409 million in 2000. Corning took actions to reduce costs, including eliminating 12,000 jobs and closing plants. However, the company ended 2001 with $2.2 billion in cash and believes it is well positioned financially and strategically for long-term growth opportunities in key markets like optical fiber and displays.
The annual report summarizes Corning's financial performance in 2002, a challenging year due to the downturn in the telecommunications industry. Corning reported a net loss of $1.3 billion on sales of $3.2 billion, down significantly from 2001. In response, Corning restructured operations, cutting costs and jobs to preserve its financial position. It aims to return to profitability in 2003 by focusing on growing its display glass, environmental, and semiconductor businesses within Corning Technologies. While telecommunications remains weak, Corning maintains its leadership in optical fiber and intends to benefit when the market rebounds.
Corning Inc. is a 152-year-old diversified technology company that focuses on high-impact growth opportunities through specialty glass, ceramics, polymers, and light manipulation. It develops innovative products for telecommunications, displays, environmental, life sciences, semiconductors, and other materials markets. The 2003 annual report discusses priorities of protecting financial health, returning to profitability, and continuing to invest in the future. It emphasizes growth through global innovation, achieving balance and stability, and preserving trust through living the company's values.
The document is Corning's 2006 Annual Report and 2007 Proxy Statement. It provides an overview of Corning's financial performance and highlights in 2006, including record net income and earnings per share. It discusses Corning's strategies of protecting financial health, improving profitability, and investing in the future. It also outlines Corning's leadership transition with Wendell Weeks becoming Chairman and CEO and Peter Volanakis becoming President. Key financial figures for 2006 show net sales of $5.17 billion and net income of $1.85 billion, up significantly from 2005.
Corning Inc. reported strong financial performance in its 2007 Annual Report. Net income reached an all-time high of $2.15 billion, up 16% from 2006. Sales increased 13% to $5.86 billion, driven by high demand for LCD glass and new diesel filtration products. Corning also achieved records for earnings per share at $1.34 and operating cash flow at $2.1 billion. The report discusses Corning's strategy of focusing on innovation to drive growth, maintaining financial stability, and improving business portfolio balance. Key accomplishments in 2007 included expanding LCD glass capacity and developing innovations in optical fiber and life sciences technologies.
Corning posted record performance in the first half of 2008 but experienced weak performance in the second half due to the global recession. While sales were up 21% in the first half, they declined 30% in the fourth quarter compared to the third quarter and previous year. Corning implemented cost-cutting measures like job cuts and spending reductions to prepare for a weak 2009. However, Corning remains confident in its long-term strategies and innovative products to drive future growth once the economy recovers.
Atmos Energy Corporation is a natural gas distribution and pipeline company headquartered in Dallas, Texas. In fiscal year 2008, the company reported $180.3 million in net income on $7.2 billion in operating revenues. Atmos Energy distributes natural gas to 3.2 million customers across 12 states and owns one of the largest intrastate pipeline systems in Texas. The company has grown through acquisitions, adding over 2.9 million customers since 1983, and pursues a strategy of growing its regulated and complementary nonregulated natural gas businesses.
Atmos Energy Corporation will host a conference call on February 4, 2009 at 8:00 am ET to discuss its fiscal 2009 first quarter financial results. Atmos Energy, headquartered in Dallas, is the largest natural gas-only distributor in the US, serving about 3.2 million customers across 12 states. Interested parties can access the conference call by dialing 800-218-0204 or listening online at Atmos Energy's website, where an archive of the call will also be made available until April 30, 2009.
Atmos Energy Corporation reported earnings for the first quarter of fiscal year 2009. Net income was $76.0 million, up slightly from $73.8 million in the prior year. Regulated gas distribution operations contributed $57.8 million in net income, up 25% from the prior year. The company affirmed its fiscal year 2009 earnings guidance of $2.05 to $2.15 per share, excluding mark-to-market impacts. Capital expenditures for the year are expected to be $500-$515 million.
Atmos Energy Corporation declared a quarterly dividend of 33 cents per share to shareholders of record on February 25, 2009. This marks the company's 101st consecutive quarterly dividend. Atmos Energy is the country's largest natural-gas-only distributor, serving about 3.2 million customers across 12 states. It also provides natural gas marketing and pipeline management services.
Fred Meisenheimer was promoted to senior vice president and chief financial officer of Atmos Energy Corporation. Meisenheimer has been acting as interim CFO since January 1, 2009. He joined Atmos Energy in 2000 as vice president and controller and has made valuable contributions to the company's success over eight years. Prior to joining Atmos Energy, Meisenheimer held financial and accounting roles at other energy companies.
Atmos Energy Corporation is a natural gas distribution and pipeline company headquartered in Dallas, Texas. In fiscal year 2008, the company reported $180.3 million in net income on $7.2 billion in operating revenues. Atmos Energy distributes natural gas to 3.2 million customers in 1,600 communities across 8 states. The company has grown significantly through acquisitions, adding over 2.7 million customers since 1983. Atmos Energy aims to continue growing its regulated natural gas distribution operations and complementary nonregulated energy businesses.
This document provides an overview of the nonutility operations of Atmos Energy Corporation. It discusses the corporate structure and business segments, including gas marketing, pipeline and storage, and other nonutility operations. It then provides more detailed descriptions of the storage business models, including proprietary storage, full requirements storage, billable plan storage, and parking and loaning transactions. The storage business models are explained in terms of associated risks, risk management strategies, and impact on margins.
The document discusses forward-looking statements and risks associated with them. It provides an overview of Atmos Energy, including its scope of operations across 12 states in the utility segment and 22 states in the nonutility segment. It also summarizes Atmos Energy's financial and operational performance over time, including earnings growth, dividend increases, and acquisition history such as the purchase of TXU Gas.
A conference call was scheduled for February 8, 2006 at 8:00 am EST to review the company's fiscal 2006 first quarter financial results. The company reported a net income of $100 million, up 19% from the prior year quarter. Earnings per share were $0.88, up 11% from the previous year. Key drivers included a contribution from acquisitions and weather that was colder than the prior year. The utility segment saw higher throughput and gross profit.
The document summarizes a conference call to review the company's fiscal 2006 second quarter financial results. Key points from the quarter include a 1.3% increase in net income compared to the prior year quarter, driven by higher contributions from the natural gas marketing segment due to favorable storage and marketing positions. Earnings per share increased 1.3% while operating expenses rose due to higher employee, bad debt, and regulatory costs. Weather during the quarter was warmer than normal, negatively impacting utility throughput.
The document discusses a conference call to review the company's fiscal 2006 third quarter financial results. It provides details on the company's net income, earnings per share, capital expenditures, and performance by business segment for the quarter. The company reported a net loss for the quarter, driven by unrealized mark-to-market losses in natural gas marketing and warmer than normal weather across many utility divisions.
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What is an E-commerce- digital marketingpdfPurna Rai
What is an E-commerce?
E-commerce refers to the buying and selling of goods and services over the Internet. In an e-commerce transaction, the exchange of products or services takes place electronically, often through online platforms or websites. E-commerce has become a major aspect of the modern economy, enabling businesses and consumers to conduct transactions without the need for physical presence. It has gained immense popularity over recent years, with more people turning to online shopping for its convenience and accessibility.
E-commerce platforms provide a virtual marketplace where sellers can showcase their products, and buyers can browse and purchase items with just a few clicks. This has opened up new opportunities for entrepreneurs and businesses of all sizes, allowing them to reach a larger customer base and operate globally. However, e-commerce also presents its own set of challenges, such as competition, security concerns, and effectively managing logistics and customer experience. It is important for e-commerce businesses to stay up-to-date with evolving technologies, consumer trends, and effective marketing strategies to remain successful in this ever-growing industry.
What are the Key Components and Features of E-commerce?
E-commerce has various forms, including business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer (C2C), and more. The growth of e-commerce has transformed the way businesses operate and how consumers shop, providing convenience, accessibility, and a global marketplace. Key components and features of e-commerce include:
Online Stores: Businesses set up digital storefronts or online stores where customers can browse, select, and purchase products or services. These stores can take various forms, including dedicated websites, marketplaces, or social media platforms.
Electronic Payments: E-commerce transactions involve electronic payment methods. Customers can use credit cards, digital wallets, online banking, or other electronic payment systems for making payments.
Digital Marketing: E-commerce relies heavily on digital marketing strategies to attract customers. This includes search engine optimization (SEO), social media marketing, email marketing, and other online advertising methods.
Product Catalogs: Online stores have digital catalogs that showcase their products or services. These catalogs provide detailed information, images, and specifications to help customers make informed purchasing decisions.
Shopping Carts: E-commerce platforms typically incorporate shopping carts that allow customers to add products to their virtual cart, review their selections, and proceed to checkout for payment.
Secure Transactions: Security is a critical aspect of e-commerce. Secure socket layer (SSL) encryption is commonly used to ensure the confidentiality and integrity of sensitive information, such as payment details.
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MEMBERS, FRIENDS AND ASSOCIATES OF ATHENS CALLS ATHENS JUNE 2024
REALOGY8K2-25-08
1. UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): February 25, 2008 (February 25, 2008)
Realogy Corporation
(Exact Name of Registrant as Specified in its Charter)
Delaware 333-148153 20-4381990
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
One Campus Drive
Parsippany, NJ 07054
(Address of Principal Executive Offices) (Zip Code)
(973) 407-2000
(Registrant’s telephone number, including area code)
None
(Former name or former address if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
2. Item 2.02 Results of Operations and Financial Condition.
Realogy Corporation (“Realogy”) today posted on its public website, www. realogy.com, financial information with respect to
the quarters ended March 31, 2007, June 30, 2007 and September 30, 2007, which supplements the information contained in
Realogy’s filings with the Securities and Exchange Commission. In addition, the information posted on the website includes certain
2008 supplemental cash flow guidance as reported on Realogy’s earnings conference call held November 16, 2007 with its
bondholders and senior lenders. A copy of this supplemental information is attached hereto as Exhibit 99.1 and incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 2007 Quarterly Financial Supplemental Information Disclosure
2
3. SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
REALOGY CORPORATION
By: /s/ Anthony E. Hull
Anthony E. Hull, Executive Vice President,
Chief Financial Officer and Treasurer
Date: February 25, 2008
3
4. Exhibit 99.1
REALOGY CORPORATION
Historical Quarterly Supplemental Financial Information
For the Quarters Ended March 31, 2007,
June 30, 2007 & September 30, 2007
This document should be read in conjunction with Realogy Corporation’s Registration Statement on Form S-4. For details of
our 2006 quarterly financial results, please see our Form 10 for the quarter ended March 31, 2006 and our Form 10-Qs for
the quarters ended June 30, 2006, and September 30, 2006, which were filed with the Securities and Exchange Commission.
Certain information in this document contains non-GAAP measures. Please direct questions with respect to the information
contained in this document to Alicia Swift, Vice President, Planning, Realogy Corporation, 1 Campus Drive, Parsippany, New
Jersey 07054 (973)-407-4669.
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5. Table of Contents
Page
Condensed Consolidated Statements of Operations for the Predecessor which includes the three months ended
March 31, 2007 and the period from April 1, 2007 to April 9, 2007 and for the Successor which includes the period
from April 10, 2007 to June 30, 2007 and the three months ended September 30, 2007 3
Condensed Consolidated Balance Sheets for the Predecessor as of March 31, 2007 and for the Successor as of
June 30, 2007 and September 30, 2007 4
Condensed Consolidated Statements of Cash Flows for the Predecessor which includes the three months ended
March 31, 2007 and the period from April 1, 2007 to April 9, 2007 and for the Successor which includes the period
from April 10, 2007 to September 30, 2007 5
2007 Recap of Key Business/Revenue Drivers and Operating Statistics for the Predecessor as of March 31, 2007 and
for the Successor as of June 30, 2007 and September 30, 2007 6
2007 Recap of Key Business/Revenue Drivers and Operating Statistics for the three months ended March 31, 2007
and the period from April 1, 2007 to April 9, 2007 and for the Successor which includes the period from April 10,
2007 to June 30, 2007 and the three months ended September 30, 2007 7
2006 Recap of Key Business/Revenue Drivers and Operating Statistics for each Quarter 8
2008 Supplemental Cash Flow Guidance As Reported on Third Quarter Earnings Call held on November 16, 2007 9
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6. REALOGY CORPORATION AND THE PREDECESSOR
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions)
Predecessor Predecessor Successor Successor
For The Three Period from Period from For The Three
Months Ended April 1 Through April 10 Through Months Ended
March 31, 2007 April 9, 2007 June 30, 2007 September 30, 2007
Revenues
Gross commission income $ 1,021 $ 83 $ 1,295 $ 1,238
Service revenue 196 20 201 225
Franchise fees 97 9 115 115
Other 59 7 46 48
Net revenues 1,373 119 1,657 1,626
Expenses
Commission and other agent-related costs 673 54 863 821
Operating 444 46 409 460
Marketing 74 10 60 65
General and administrative 69 51 67 62
Former parent legacy costs (benefit), net (20) 1 — 2
Separation costs 2 — 1 1
Restructuring costs — 1 3 3
Merger costs 9 71 16 6
Depreciation and amortization 34 4 328 119
Interest expense 35 8 153 173
Interest income (6) (1) (2) (4)
Total expenses 1,314 245 1,898 1,708
Income (loss) before income taxes and minority interest 59 (126) (241) (82)
Provision for income taxes 27 (49) (93) (28)
Minority interest, net of tax — — 1 1
Net income (loss) $ 32 $ (77) $ (149) $ (55)
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7. REALOGY CORPORATION AND THE PREDECESSOR
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
Predecessor Successor Successor
March 31, 2007 June 30, 2007 September 30, 2007
ASSETS
Current assets:
Cash and cash equivalents $ 496 $ 196 $ 276
Trade receivables (net of allowance for doubtful accounts) 149 158 149
Relocation receivables, net 907 948 1,020
Relocation properties held for sale, net 166 154 189
Deferred income taxes 97 93 110
Due from former parent 42 34 31
Other current assets 204 202 192
Total current assets 2,061 1,785 1,967
Property and equipment, net 337 366 377
Deferred income taxes 234 — —
Goodwill 3,331 3,722 3,747
Trademarks 17 1,345 1,345
Franchise agreements, net 325 3,978 3,959
Other intangibles, net 75 623 549
Due from former parent — —
Other non-current assets 218 351 402
Total assets $ 6,598 $ 12,170 $ 12,346
LIABILITIES AND STOCKHOLDER’S EQUITY
Current liabilities:
Accounts payable $ 149 $ 161 $ 131
Securitization obligations 915 876 968
Due to former parent 557 532 576
Current portion of long-term debt — 20 31
Accrued expenses and other current liabilities 482 679 759
Total current liabilities 2,103 2,268 2,465
Long-term debt 1,800 6,212 6,225
Deferred income taxes — 1,697 1,731
Other non-current liabilities 146 136 127
Total liabilities 4,049 10,313 10,548
Commitments and contingencies
Stockholder’s equity:
Common stock 2 — —
Additional paid-in capital 2,431 2,000 2,004
(Accumulated deficit) retained earnings 152 (149) (204)
Accumulated other comprehensive income (loss) (18) 6 (2)
Treasury stock, at cost (18) — —
Total stockholder’s equity 2,549 1,857 1,798
Total liabilities and stockholder’s equity $ 6,598 $ 12,170 $ 12,346
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8. REALOGY CORPORATION AND THE PREDECESSOR
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
Three Months Six Months Nine Months
Predecessor Predecessor Successor Predecessor Successor
From January 1 From April 10 From January 1 From April 10
Predecessor Through April 9, Through June 30, Through April 9, Through September
March 31, 2007 2007 2007 2007 30, 2007
Operating Activities
Net income (loss) $ 32 $ (44) $ (149) $ (44) $ (204)
Adjustments to reconcile net
income (loss) to net cash
provided by operating activities:
Depreciation and
amortization 34 37 328 37 448
Deferred income taxes 28 (20) (95) (20) (131)
Merger costs related to
employee equity awards — 56 — 56 —
Amortization and write-off
of deferred financing
costs — 4 — 4 22
Gain on early extinguishment
of debt — — — — (2)
Net change in assets and liabilities,
excluding the impact of
acquisitions and dispositions:
Trade receivables (21) (26) (1) (26) 8
Relocation receivables and
advances 59 106 (85) 106 (129)
Relocation properties held
for sale 35 38 3 38 (39)
Accounts payable, accrued
expenses and other
current liabilities (46) 5 190 5 224
Due (to) from former parent 9 15 13 15 16
Other, net (60) (64) 24 (64) (6)
Net cash provided by operating
activities 70 107 228 107 207
Investing Activities
Property and equipment additions (29) (31) (22) (31) (41)
Acquisition of Realogy — — (6,761) — (6,761)
Net assets acquired (net of cash
acquired) and acquisition-
related payments (22) (22) (20) (22) (22)
Investment in unconsolidated
entities — — — — (1)
Sale leaseback proceeds related to
corporate aircraft — — — — 21
Proceeds from sale of preferred
stock and warrants 22 22 — 22 —
Change in restricted cash (1) (9) 2 (9) 5
Other, net — — 1 — 1
Net cash used in investing
activities (30) (40) (6,800) (40) (6,798)
Financing Activities
Proceeds from new term loan
credit facility and issuance of
notes — — 5,032 — 6,219
Repayment of predecessor term
loan facility — — (600) — (600)
9. Payments made for new term loan
credit facility — — — — (8)
Repurchase of 2006 Senior Notes,
net of discount — — — — (1,155)
Repayment of prior securitization
obligations — — (914) — (914)
Proceeds from new securitization
obligations — — 903 — 903
Net change in securitization
obligations 21 21 (30) 21 59
Debt issuance costs — — (144) — (157)
Proceeds from issuances of
common stock for equity
awards 37 36 — 36 —
Proceeds from Cendant’s sale of
Travelport — 5 — 5 —
Investment by affiliates of Apollo
and co-investors — — 1,999 — 1,999
Other, net (1) — (6) — (8)
Net cash provided by financing
activities 57 62 6,240 62 6,338
Effect of changes in exchange rates
on cash and cash equivalents — — — — 1
Net (decrease) increase in cash and
cash equivalents 97 129 (332) 129 (252)
Cash and cash equivalents,
beginning of period 399 399 528 399 528
Cash and cash equivalents, end
of period $ 496 $ 528 $ 196 $ 528 $ 276
Supplemental Disclosure of Cash
Flow Information
Interest payments (including
securitization interest expense) $ 28 $ 33 $ 67 $ 33 $ 167
Income tax payments (refunds), net $ (26) $ (26) $ 5 $ (26) $ 7
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10. 2007 Recap of Key Business/Revenue Drivers and Operating Statistics
( In Millions)
1st Qtr 2nd Qtr 3rd Qtr
Real Estate Franchise Services (a)
Closed homesale sides 279,236 355,331 331,824
Average homesale price $230,225 $233,610 $232,759
Average homesale broker commission rate 2.49% 2.49% 2.49%
Net effective royalty rate 5.03% 5.01% 5.06%
Royalty per side $ 298 $ 300 $ 303
Company Owned Real Estate Brokerage Services
Closed homesale sides 73,871 98,574 88,759
Average homesale price $533,634 $540,555 $540,379
Average homesale broker commission rate 2.47% 2.48% 2.46%
Gross commission income per side $ 13,768 $ 13,925 $ 13,894
Relocation Services
Initiations 30,836 43,121 32,504
Referrals 17,800 24,905 20,879
Title and Settlement Services
Purchase Title and Closing Units 32,007 40,384 38,782
Refinance Title and Closing Units 9,681 10,478 8,396
Average price per closing unit $ 1,457 $ 1,500 $ 1,466
These amounts include only those relating to third-party franchisees and do not include amounts relating to NRT.
(a)
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11. 2007 Recap of Key Business/Revenue Drivers and Operating Statistics (Cont’d)
Predecessor Predecessor Successor Successor
For The Three Period from Period from For The Three
Months Ended April 1 April 10 Months Ended
March 31, Through April Through June September 30,
2007 9, 2007 30, 2007 2007
Revenue:
Real Estate Franchise Services $ 197 $ 19 $ 222 $ 217
Company Owned Real Estate Brokerage Services 1,033 83 1,312 1,254
Relocation Services 124 13 116 145
Title and Settlement Services 88 9 100 95
Corporate and Other (c) (69) (5) (93) (85)
EBITDA (a) (b)
Real Estate Franchise Services $ 122 $ — $ 151 $ 145
Company Owned Real Estate Brokerage Services (21) (27) 69 41
Relocation Services 20 (8) 27 33
Title and Settlement Services 3 (7) 14 6
Corporate and Other (c) (2) (73) (23) (19)
(a) EBITDA is defined as net income before depreciation and amortization, interest (income) expense, net (other than Relocation
Services interest for securitization assets and securitization obligations), income taxes and minority interest, each of which is
presented on our Condensed Consolidated Statements of Operations.
(b) EBITDA includes Former Parent Legacy Costs (Benefits), Separation Costs (Benefits), Restructuring Costs and Merger Costs as
follows ($ In Millions): Restructuring Costs and Merger Costs as follows ($ In Millions):
For The Three Predecessor Period from Successor Period from April 10 For The Three Months
Months Ended April 1 Through April 9, Through June 30, Ended September 30,
March 31, 2007 2007 2007 2007
RFG $ —$ 11 $ 3$ —
NRT — 18 8 4
Cartus 1 11 (3) (2)
TRG — 6 1 1
Corporate (8) 27 11 9
(c) Includes unallocated corporate overhead and the elimination of transactions between segments, which consists of intercompany
royalties and marketing fees paid by our Company Owned Real Estate Brokerage Services segment of $69 million during the
three months ended March 31, 2007, $5 million during the Predecessor Period from April 1 to April 9, 2007, $93 million during
the Successor Period from April 10 to June 30, 2007 and $85 million during the three months ended September 30, 2007
respectively.
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12. 2006 Recap of Key Business/Revenue Drivers and Operating Statistics by Quarter
(In millions, except operating statistics)
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr FY 2006
Real Estate Franchise Services (a)
Closed homesale sides 334,897 439,914 402,109 338,622 1,515,542
Average homesale price $227,024 $233,457 $231,997 $233,527 $ 231,664
Average homesale broker commission rate 2.47% 2.47% 2.46% 2.47% 2.47%
Net effective royalty rate 4.78% 4.85% 4.95% 4.90% 4.87%
Royalty per side $ 276 $ 286 $ 290 $ 293 $ 286
Revenue (b) $ 194 $ 254 $ 233 $ 198 $ 879
EBITDA (c) $ 131 $ 189 $ 158 $ 135 $ 613
Company Owned Real Estate Brokerage Services
Closed homesale sides 85,826 117,799 103,850 82,747 390,222
Average homesale price $490,947 $492,809 $489,751 $497,922 $ 492,669
Average homesale broker commission rate 2.47% 2.47% 2.48% 2.48% 2.48%
Gross commission income per side $ 12,654 $ 12,611 $ 12,678 $ 12,857 $ 12,691
Revenue $ 1,102 $ 1,501 $ 1,337 $ 1,082 $ 5,022
EBITDA (c) $ (36) $ 63 $ 28 $ (30) $ 25
Relocation Services
Initiations 28,991 42,832 31,785 27,156 130,764
Referrals 18,705 26,771 21,761 17,656 84,893
Revenue $ 107 $ 130 $ 142 $ 130 $ 509
EBITDA (c) $ 15 $ 34 $ 33 $ 21 $ 103
Title and Settlement Services
Purchase Title and Closing Units 35,781 47,163 42,442 35,646 161,031
Refinance Title and Closing Units 10,366 10,639 9,551 10,439 40,996
Average price per closing unit $ 1,382 $ 1,403 $ 1,430 $ 1,402 $ 1,405
Revenue $ 91 $ 113 $ 109 $ 96 $ 409
EBITDA (c) $ 7 $ 15 $ 14 $ 9 $ 45
Corporate and Other
EBITDA (c) $ — $ (5) $ (31) $ 25 $ (11)
(a) These amounts include only those relating to third-party franchisees and do not include amounts relating to NRT.
(b) Includes intercompany royalties paid by NRT of $72 million in the first quarter of 2006, $96 million in the second quarter of
2006, $87 million in the third quarter of 2006 and $72 million in the fourth quarter of 2006.
(c) EBITDA includes Former Parent Legacy Costs (Benefits), Separation Costs, Separation Benefits, Restructuring Costs and
Merger Costs as follows ($ In Millions):
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
RFG $— $ 1 $ 11 $ 1
NRT — 10 25 17
Cartus 1 3 7 2
TRG — — 4 —
Corporate — 4 27 (35)
EBITDA is defined as net income (loss) before depreciation and amortization, interest (income) expense, net (other than
relocation services interest for securitization assets and securitization obligations), income taxes and minority interest, each of which
is presented on our Condensed Consolidated Statements of Operations.
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13. 2008 Supplemental Cash Flow Guidance As Reported on Third Quarter 2007 Earnings
Call Held on November 16, 2007
On the cash flow side of the equation, we expect that we would have the following cash requirements and inflows in 2008:
• Capital expenditures for our businesses, including for items such as storefront refurbishment and technology initiatives, of
$60 to $75 million, at a minimum.
• Development advance notes of about $15 to $20 million per year, net of their amortization above the EBITDA line. These
funds are used to retain expiring franchisees and attract new franchisees. The returns on this investment are quite attractive.
• Investment in relocation assets that are not funded by our securitizations of about $20 to $25 million per year assuming
growth in that part of Cartus’s business.
• Residual payments on closed office leases and the like of about $10 to $15 million a year.
• Funding of legacy activities that are expected to total about $20 to $30 million annually.
• On the inflow side, we expect to receive $30 million in tax refunds next year from our former parent and about $12.5
million in from our Wright Express (WEX) agreement.
The 2008 supplemental cash flow guidance above is as of November 16, 2007 and will be updated on our next earnings conference
call.
Forward-Looking Statements
This supplement contains certain statements that constitute “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of Realogy to be materially different from results,
performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that
otherwise include the words “believes”, “expects”, “anticipates”, “intends”, “projects”, “estimates”, “plans”, “may increase”, “may
fluctuate” and similar expressions or future or conditional verbs such as “will”, “should”, “would”, “may” and “could” are generally
forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events,
circumstances or results are forward-looking statements.
Various factors that could cause actual results, performance or achievements to differ materially from those expressed in
such forward-looking statements include but are not limited to: our substantial leverage; continuing adverse developments in the
residential real estate markets; limitations on flexibility in operating our business due to restrictions contained in our debt agreements;
adverse developments in general business, economic and political conditions, including changes in short-term or long-term interest
rates or mortgage lending practices, and any outbreak or escalation of hostilities on a national, regional and international basis; our
failure to complete future acquisitions or realize anticipated benefits from completed acquisitions; our failure to maintain or acquire
franchisees and brands or the inability of franchisees to survive in the current real estate downturn and other risk factors discussed in
the Registration Statement on Form S-4, as amended, declared effective by the Securities and Exchange Commission (the “SEC”) on
January 9, 2008 and in the periodic reports filed from time to time by Realogy with the SEC.
In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this supplement may
not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of November 16,
2007. Important assumptions and other important factors that could cause actual results to differ materially from those in the forward-
looking statements are specified in Realogy’s filings with the SEC, including Realogy’s Registration Statement of Form S-4, as
amended, declared effective by the SEC on January 9, 2008, under the headings “Risk Factors,” “Forward-Looking Statements” and
“Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Except for Realogy’s ongoing
obligations to disclose material information under the federal securities laws, Realogy undertakes no obligation to release any
revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless required by
law.
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