EX-99.2 4 a2102548zex-99_2.txt EXHIBIT 99.2 EXHIBIT 99.2 CENDANT CORPORATION SUMMARY DATA SHEET - 4Q02 (DOLLARS IN MILLIONS, EXCEPT PER SHARE DATA)
4Q02 4Q01 % CHANGE -------- -------- -------- INCOME STATEMENT Revenue $3,849 $2,494 54% Adjusted EBITDA 664 543 22% Reported Income from Continuing Operations 247 (326) NM Adjusted EPS from Continuing Operations $0.29 $0.21 38% Reported EPS from Continuing Operations $0.24 ($0.33) NM BALANCE SHEET Total Corporate Debt (Excluding Upper DECS) & Net Stockholder Litigation Settlement Obligation $5,601 $7,572 Cash 126 1,942 Net Debt/Total Capital 36% 37% Adjusted EBITDA/Interest Expense 10 to 1 7 to 1 CASH FLOW ITEMS (12 MONTHS) Free Cash Flow $1,620 $1,345 20% Cash and Cash Equivalents, Beginning of Period 1,942 856 Net Proceeds from Dispositions of Businesses 1,151 109 Net (Repayments of)/Proceeds from Borrowings (1,474) 3,395 Funding of Stockholder Litigation Settlement (1,440) (1,060) Net (Repurchases)/Issuances of Stock (176) 623 Acquisitions, Net of Cash Acquired (1,371) (2,757)
% CHANGE SEGMENT ITEMS 4Q02 4Q01 % CHANGE ORGANIC ------------- ------- -------- -------- -------- REVENUE Real Estate Services $1,506 $532 183% 16% Hospitality 541 369 47% 5% Travel Distribution 381 362 5% (1%) Vehicle Services 1,127 879 28% 10% Financial Services 273 342 (20%) (20%) ------ ------ ----- ----- Total (Ex. Corporate & Other) $3,828 $2,484 54% 5% ADJUSTED EBITDA Real Estate Services $279 $289 (3%) (4%) Hospitality 135 103 31% 13% Travel Distribution 119 102 17% 9% Vehicle Services 72 14 414% 364% Financial Services 75 51 47% 57% ------ ------ Total (Ex. Corporate & Other) $680 $559 22% 16%
For more detailed information about the Company's results as well as definitions of the terms used above, please see the full earnings release on the Company's website at WWW.CENDANT.COM. For media inquiries contact Elliot Bloom at 212-413-1832. For investor inquiries contact Sam Levenson at 212-413-1834 or Henry A. Diamond at 212-413-1920.