Aon (AON) 8-K Financial statements and exhibits

Exhibit 99.1

Aon Corporation

Consolidated Summary of Operations - - Reclassified for Discontinued Operations

	2003
(millions except per share data)	1st Quarter			2nd Quarter			3rd Quarter			4th Quarter			Full Year
Revenue
Brokerage commissions and fees	$	1,658		$	1,695		$	1,646		$	1,831		$	6,830
Premiums and other	632			635			673			669			2,609
Investment income	79			89			57			88			313
Total revenue	2,369			2,419			2,376			2,588			9,752
Expenses
General expenses	1,678			1,783			1,725			1,857			7,043
Benefits to policyholders	345			325			367			390			1,427
Interest expense	28			27			24			22			101
Amortization of intangible assets	13			15			18			17			63
Unusual charges (credits) - World Trade Center	37			9			—			(60		)	(14		)
Total expenses	2,101			2,159			2,134			2,226			8,620
Income from continuing operations before income tax and minority interest	268			260			242			362			1,132
Provision for income tax	99			96			90			134			419
Income from continuing operations before minority interest	169			164			152			228			713
Minority interest - 8.205% trust preferred capital securities	(9		)	(9		)	(9		)	(9		)	(36		)
Income from continuing operations	160			155			143			219			677
Discontinued operations
Loss from discontinued operations	(12		)	(15		)	(44		)	(6		)	(77		)
Income tax benefit	(4		)	(6		)	(16		)	(2		)	(28		)
Loss from discontinued operations, net of tax	(8		)	(9		)	(28		)	(4		)	(49		)
Net income	$	152		$	146		$	115		$	215		$	628
Preferred stock dividends	(1		)	—			(1		)	(1		)	(3		)
Net income available for common stockholders	$	151		$	146		$	114		$	214		$	625
Basic net income per share:
Income from continuing operations	$	0.51		$	0.49		$	0.45		$	0.68		$	2.12
Discontinued operations	(0.03		)	(0.03		)	(0.09		)	(0.01		)	(0.15		)
Net income	$	0.48		$	0.46		$	0.36		$	0.67		$	1.97
Dilutive net income per share:
Income from continuing operations	$	0.51		$	0.49		$	0.45		$	0.68		$	2.12
Discontinued operations	(0.03		)	(0.03		)	(0.09		)	(0.01		)	(0.15		)
Net income	$	0.48		$	0.46		$	0.36		$	0.67		$	1.97
Dilutive average common and common equivalent shares outstanding	315.2			318.2			318.6			319.3			317.8

	2002
(millions except per share data)	1st Quarter			2nd Quarter			3rd Quarter			4th Quarter			Full Year
Revenue
Brokerage commissions and fees	$	1,425		$	1,491		$	1,532		$	1,678		$	6,126
Premiums and other	535			638			607			588			2,368
Investment income (loss)	109			(26		)	88			81			252
Total revenue	2,069			2,103			2,227			2,347			8,746
Expenses
General expenses	1,435			1,643			1,621			1,683			6,382
Benefits to policyholders	314			391			350			320			1,375
Interest expense	29			30			32			33			124
Amortization of intangible assets	11			14			13			16			54
Unusual credits - World Trade Center	—			—			(18		)	(11		)	(29		)
Total expenses	1,789			2,078			1,998			2,041			7,906
Income from continuing operations before income tax and minority interest	280			25			229			306			840
Provision for income tax	104			9			84			113			310
Income from continuing operations before minority interest	176			16			145			193			530
Minority interest - 8.205% trust preferred capital securities	(10		)	(10		)	(10		)	(4		)	(34		)
Income from continuing operations	166			6			135			189			496
Discontinued operations
Loss from discontinued operations	(9		)	(9		)	(12		)	(17		)	(47		)
Income tax benefit	(3		)	(3		)	(5		)	(6		)	(17		)
Loss from discontinued operations, net of tax	(6		)	(6		)	(7		)	(11		)	(30		)
Net income	$	160		$	—		$	128		$	178		$	466
Preferred stock dividends	(1		)	—			(1		)	(1		)	(3		)
Net income available for common stockholders	$	159		$	—		$	127		$	177		$	463
Basic net income per share:
Income from continuing operations	$	0.60		$	0.02		$	0.49		$	0.63		$	1.76
Discontinued operations	(0.02		)	(0.02		)	(0.03		)	(0.04		)	(0.11		)
Net income	$	0.58		$	—		$	0.46		$	0.59		$	1.65
Dilutive net income per share:
Income from continuing operations	$	0.59		$	0.02		$	0.49		$	0.63		$	1.75
Discontinued operations	(0.02		)	(0.02		)	(0.03		)	(0.04		)	(0.11		)
Net income	$	0.57		$	—		$	0.46		$	0.59		$	1.64
Dilutive average common and common equivalent shares outstanding	276.6			278.0			277.1			299.0			282.6

	2001
(millions except per share data)	1st Quarter			2nd Quarter			3rd Quarter			4th Quarter			Full Year
Revenue
Brokerage commissions and fees	$	1,277		$	1,336		$	1,289		$	1,504		$	5,406
Premiums and other	508			492			510			517			2,027
Investment income	22			78			105			8			213
Total revenue	1,807			1,906			1,904			2,029			7,646
Expenses
General expenses	1,351			1,507			1,369			1,496			5,723
Benefits to policyholders	292			260			271			288			1,111
Interest expense	36			31			31			29			127
Amortization of intangible assets	39			39			40			40			158
Unusual charges -World Trade Center	—			—			53			105			158
Total expenses	1,718			1,837			1,764			1,958			7,277
Income from continuing operations before income tax and minority interest	89			69			140			71			369
Provision for income tax	35			27			54			30			146
Income from continuing operations before minority interest	54			42			86			41			223
Minority interest - 8.205% trust preferred capital securities	(10		)	(10		)	(10		)	(10		)	(40		)
Income from continuing operations	44			32			76			31			183
Discontinued operations
Loss from discontinued operations	(41		)	(5		)	(7		)	(7		)	(60		)
Income tax benefit	(16		)	(2		)	(3		)	(3		)	(24		)
Loss from discontinued operations, net of tax	(25		)	(3		)	(4		)	(4		)	(36		)
Net income	$	19		$	29		$	72		$	27		$	147
Preferred stock dividends	(1		)	—			(1		)	(1		)	(3		)
Net income available for common stockholders	$	18		$	29		$	71		$	26		$	144
Basic net income per share:
Income from continuing operations	$	0.16		$	0.12		$	0.27		$	0.11		$	0.67
Discontinued operations	(0.09		)	(0.01		)	(0.01		)	(0.01		)	(0.13		)
Net income	$	0.07		$	0.11		$	0.26		$	0.10		$	0.54
Dilutive net income per share:
Income from continuing operations	$	0.16		$	0.12		$	0.27		$	0.11		$	0.66
Discontinued operations	(0.09		)	(0.01		)	(0.01		)	(0.01		)	(0.13		)
Net income	$	0.07		$	0.11		$	0.26		$	0.10		$	0.53
Dilutive average common and common equivalent shares outstanding	267.9			270.2			275.4			276.9			272.4

	2000
(millions except per share data)	1st Quarter			2nd Quarter			3rd Quarter			4th Quarter			Full Year
Revenue
Brokerage commissions and fees	$	1,193		$	1,193		$	1,167		$	1,352		$	4,905
Premiums and other	468			491			476			486			1,921
Investment income	137			125			133			113			508
Total revenue	1,798			1,809			1,776			1,951			7,334
Expenses
General expenses	1,261			1,253			1,199			1,440			5,153
Benefits to policyholders	252			257			257			271			1,037
Interest expense	31			33			38			38			140
Amortization of intangible assets	38			39			38			39			154
Total expenses	1,582			1,582			1,532			1,788			6,484
Income from continuing operations before income tax and minority interest	216			227			244			163			850
Provision for income tax	84			89			95			63			331
Income from continuing operations before minority interest	132			138			149			100			519
Minority interest - 8.205% trust preferred capital securities	(10		)	(10		)	(10		)	(10		)	(40		)
Income from continuing operations	122			128			139			90			479
Discontinued operations
Income from discontinued operations	2			1			—			1			4
Income tax provision	1			—			—			1			2
Income from discontinued operations, net of tax	1			1			—			—			2
Cumulative effect of change in accounting principle, net of tax	(7		)	—			—			—			(7		)
Net income	$	116		$	129		$	139		$	90		$	474
Preferred stock dividends	(1		)	—			(1		)	(1		)	(3		)
Net income available for common stockholders	$	115		$	129		$	138		$	89		$	471
Basic net income per share:
Income from continuing operations	$	0.46		$	0.50		$	0.53		$	0.34		$	1.83
Discontinued operations	0.01			—			—			—			0.01
Cumulative effect of change in accounting principle	(0.03		)	—			—			—			(0.03		)
Net income	$	0.44		$	0.50		$	0.53		$	0.34		$	1.81
Dilutive net income per share:
Income from continuing operations	$	0.46		$	0.49		$	0.53		$	0.33		$	1.81
Discontinued operations	0.01			—			—			—			0.01
Cumulative effect of change in accounting principle	(0.03		)	—			—			—			(0.03		)
Net income	$	0.44		$	0.49		$	0.53		$	0.33		$	1.79
Dilutive average common and common equivalent shares outstanding	260.5			261.7			262.8			267.0			263.0