Exhibit 99.1
Broadridge Financial Solutions, Inc.
Investor Communication Solutions
Key Statistics
Quarterly
(volume and $ in millions)
Legend: | ||||||||
Type | ||||||||
| RC | = | Recurring- | Low Volatility | |||||
| ED | = | Event-Driven- | High Volatility | |||||
| 3Q08 | 3Q09 | Type | ||||||||||
Fee Revenues(1) | ||||||||||||
| Proxy | Equities | $ | 24.2 | $ | 27.9 | RC | ||||||
Stock Record Position Growth | 0 | % | 2 | % | ||||||||
Pieces | 23.8 | 25.7 | ||||||||||
Mutual Funds | $ | 17.2 | $ | 9.8 | ED | |||||||
Pieces | 35.8 | 13.9 | ||||||||||
Contests/Specials | $ | 2.0 | $ | 4.8 | ED | |||||||
Pieces | 2.1 | 6.7 | ||||||||||
Total Proxy | $ | 43.4 | $ | 42.5 | ||||||||
Total Pieces | 61.7 | 46.3 | ||||||||||
| Interims | Mutual Funds (Annual/Semi-Annual Reports/Annual Prospectuses) | $ | 22.3 | $ | 22.7 | RC | ||||||
Position Growth | 9 | % | 1 | % | ||||||||
Pieces | 112.7 | 122.1 | ||||||||||
Mutual Funds (Supplemental Prospectuses) & Other | $ | 17.0 | $ | 20.2 | ED | |||||||
Pieces | 106.3 | 126.9 | ||||||||||
Total Interims | $ | 39.3 | $ | 42.9 | ||||||||
Total Pieces | 219.0 | 249.0 | ||||||||||
| Transaction Reporting | Transaction Reporting | $ | 36.1 | $ | 37.4 | RC | ||||||
| Fulfillment | Post-Sale Fulfillment | $ | 17.7 | $ | 17.8 | RC | ||||||
Pre-Sale Fulfillment | $ | 10.0 | $ | 8.7 | ED | |||||||
Total Fulfillment | $ | 27.7 | $ | 26.5 | ||||||||
| Other Communications | Other(2) | $ | 10.3 | $ | 12.0 | ED | ||||||
Total Fee Revenues | $ | 156.8 | $ | 161.3 | ||||||||
Total Distribution Revenues | $ | 186.1 | $ | 173.4 | ||||||||
Total Net Revenue as reported - GAAP | $ | 342.9 | $ | 334.7 | ||||||||
| (1) | As of 1Q09, these items represent fee revenues only and exclude distribution revenues which are set out separately. The historical numbers have been adjusted to exclude distribution revenues. |
| (2) | Other includes 2.0M pieces for 3Q08 and 4.7M pieces for 3Q09 primarily related to corporate actions. |
Broadridge Financial Solutions, Inc.
Securities Processing Solutions
Key Statistics
Quarterly
($ in millions)
Legend: | ||||||||
Type | ||||||||
| RC | = | Recurring- | Low Volatility | |||||
| ED | = | Event-Driven- | High Volatility | |||||
| 3Q08 | 3Q09 | Type | ||||||||
| Equity | ||||||||||
| Transaction-Based | Equity Trades | $ | 65.7 | $ | 61.1 | RC | ||||
Internal Trade Volume Growth | 1,444 | 1,470 | ||||||||
Trade Volume (Average Trades per Day in ‘000)(1)(2) | 1,609 | 1,574 | ||||||||
| Non-Transaction | Other Equity Services | $ | 44.5 | $ | 49.9 | RC | ||||
Total Equity | $ | 110.2 | $ | 111.0 | ||||||
| Fixed-Income | ||||||||||
| Transaction-Based | Fixed-Income Trades | $ | 13.0 | $ | 12.0 | RC | ||||
Internal Trade Volume | 248 | 255 | ||||||||
Trade Volume (Average Trades per Day in ‘000) | 248 | 293 | ||||||||
| Non-Transaction | Other Fixed-Income Services | $ | 5.8 | $ | 7.2 | RC | ||||
Total Fixed-Income | $ | 18.8 | $ | 19.2 | ||||||
Total Net Revenue as reported - GAAP | $ | 129.0 | $ | 130.2 | ||||||
| (1) | As of 1Q09, Equity Trade volume adjusted to exclude trades processed under fixed priced contracts. Management believes excluding this trade volume presents a stronger correlation between trade volume and Equity Trade revenue. |
| (2) | As of 2Q09, Equity Trade volume excluded trades per day for Lehman Brothers, Inc. to reflect the loss of the Lehman business and to provide a better historical comparison. |
Broadridge Financial Solutions, Inc.
Clearing and Outsourcing Solutions
Key Statistics
Quarterly
($ in millions)
Legend: | ||||||||
Type | ||||||||
| RC | = | Recurring- | Low Volatility | |||||
| ED | = | Event-Driven- | High Volatility | |||||
| 3Q08 | 3Q09 | Type | ||||||||
| Clearing | Net Interest Income | $ | 6.2 | $ | 2.2 | RC | ||||
Average Margin Debits | $ | 969.8 | $ | 472.3 | ||||||
Clearing Fees/Other | $ | 12.1 | $ | 15.3 | RC | |||||
Trade Volume (Average Trades per Day in ‘000) | 47.0 | 69.1 | ||||||||
| Outsourcing | Outsourcing | $ | 4.6 | $ | 6.1 | RC | ||||
# of Clients | 4 | 6 | ||||||||
Total Net Revenue as reported - GAAP | $ | 22.9 | $ | 23.6 | ||||||