Exhibit 99.4
ACCO Brands Corporation
Supplemental Business Segment Information
(Unaudited)
(In millions of dollars)
| | 2008 | | 2007 | | Changes | |
| | Net Sales | | Reported
OI | | Excluded
Charges | | Adjusted
OI | | Adjusted
OI Margin | | Adjusted
Net Sales(A) | | Reported
OI | | Excluded
Charges | | Adjusted
OI | | Adjusted
OI Margin | | Sales
$ | | Sales
% | | Adjusted
OI $ | | Adjusted
OI % | | Margin
Points | |
Q1: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
ACCO Brands Americas | | $ | 200.4 | | $ | (0.4 | ) | $ | 4.3 | | $ | 3.9 | | 1.9 | % | $ | 226.6 | | $ | 10.9 | | $ | 5.4 | | $ | 16.3 | | 7.2 | % | $ | (26.2 | ) | (12 | )% | $ | (12.4 | ) | (76 | )% | (530 | ) |
ACCO Brands International | | 151.6 | | 10.3 | | 5.7 | | 16.0 | | 10.6 | % | 146.3 | | 4.4 | | 2.8 | | 7.2 | | 4.9 | % | 5.3 | | 4 | % | 8.8 | | 122 | % | 570 | |
Computer Products | | 48.0 | | 6.5 | | 1.2 | | 7.7 | | 16.0 | % | 49.6 | | 5.6 | | 1.0 | | 6.6 | | 13.3 | % | (1.6 | ) | (3 | )% | 1.1 | | 17 | % | 270 | |
Corporate | | — | | (6.0 | ) | — | | (6.0 | ) | | | — | | (8.3 | ) | — | | (8.3 | ) | | | — | | | | 2.3 | | | | | |
Total | | $ | 400.0 | | $ | 10.4 | | $ | 11.2 | | $ | 21.6 | | 5.4 | % | $ | 422.5 | | $ | 12.6 | | $ | 9.2 | | $ | 21.8 | | 5.2 | % | $ | (22.5 | ) | (5 | )% | $ | (0.2 | ) | (1 | )% | 20 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Q2: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
ACCO Brands Americas | | $ | 211.9 | | $ | (2.0 | ) | $ | 12.0 | | $ | 10.0 | | 4.7 | % | $ | 247.6 | | $ | 14.3 | | $ | 5.5 | | $ | 19.8 | | 8.0 | % | $ | (35.7 | ) | (14 | )% | $ | (9.8 | ) | (49 | )% | (330 | ) |
ACCO Brands International | | 147.3 | | 10.3 | | 2.7 | | 13.0 | | 8.8 | % | 138.1 | | 4.1 | | 4.1 | | 8.2 | | 5.9 | % | 9.2 | | 7 | % | 4.8 | | 59 | % | 290 | |
Computer Products | | 54.8 | | 10.4 | | 0.4 | | 10.8 | | 19.7 | % | 53.3 | | 9.9 | | 1.2 | | 11.1 | | 20.8 | % | 1.5 | | 3 | % | (0.3 | ) | (3 | )% | (110 | ) |
Corporate | | — | | (6.7 | ) | — | | (6.7 | ) | | | — | | (7.6 | ) | 0.3 | | (7.3 | ) | | | — | | | | 0.6 | | | | | |
Total | | $ | 414.0 | | $ | 12.0 | | $ | 15.1 | | $ | 27.1 | | 6.5 | % | $ | 439.0 | | $ | 20.7 | | $ | 11.1 | | $ | 31.8 | | 7.2 | % | $ | (25.0 | ) | (6 | )% | $ | (4.7 | ) | (15 | )% | (70 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Q3: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
ACCO Brands Americas | | $ | 222.7 | | $ | 7.0 | | $ | 10.3 | | $ | 17.3 | | 7.8 | % | $ | 265.6 | | $ | 21.5 | | $ | 6.0 | | $ | 27.5 | | 10.4 | % | $ | (42.9 | ) | (16 | )% | $ | (10.2 | ) | (37 | )% | (260 | ) |
ACCO Brands International | | 132.1 | | 5.1 | | 6.1 | | 11.2 | | 8.5 | % | 141.4 | | (1.7 | ) | 10.8 | | 9.1 | | 6.4 | % | (9.3 | ) | (7 | )% | 2.1 | | 23 | % | 210 | |
Computer Products | | 56.0 | | 11.0 | | — | | 11.0 | | 19.6 | % | 60.2 | | 14.0 | | 1.3 | | 15.3 | | 25.4 | % | (4.2 | ) | (7 | )% | (4.3 | ) | (28 | )% | (580 | ) |
Corporate | | — | | (4.9 | ) | 0.1 | | (4.8 | ) | | | — | | (6.6 | ) | (0.1 | ) | (6.7 | ) | | | — | | | | 1.9 | | | | | |
Total | | $ | 410.8 | | $ | 18.2 | | $ | 16.5 | | $ | 34.7 | | 8.4 | % | $ | 467.2 | | $ | 27.2 | | $ | 18.0 | | $ | 45.2 | | 9.7 | % | $ | (56.4 | ) | (12 | )% | $ | (10.5 | ) | (23 | )% | (130 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Q4: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
ACCO Brands Americas | | N/A | | N/A | | N/A | | N/A | | N/A | | $ | 275.4 | | $ | 31.1 | | $ | 7.4 | | $ | 38.5 | | 14.0 | % | N/A | | N/A | | N/A | | N/A | | N/A | |
ACCO Brands International | | N/A | | N/A | | N/A | | N/A | | N/A | | 160.9 | | 6.9 | | 9.9 | | 16.8 | | 10.4 | % | N/A | | N/A | | N/A | | N/A | | N/A | |
Computer Products | | N/A | | N/A | | N/A | | N/A | | N/A | | 70.6 | | 16.9 | | 1.9 | | 18.8 | | 26.6 | % | N/A | | N/A | | N/A | | N/A | | N/A | |
Corporate | | N/A | | N/A | | N/A | | N/A | | N/A | | — | | (7.6 | ) | 0.1 | | (7.5 | ) | | | N/A | | N/A | | N/A | | N/A | | N/A | |
Total | | N/A | | N/A | | N/A | | N/A | | N/A | | $ | 506.9 | | $ | 47.3 | | $ | 19.3 | | $ | 66.6 | | 13.1 | % | N/A | | N/A | | N/A | | N/A | | N/A | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Full Year: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
ACCO Brands Americas | | N/A | | N/A | | N/A | | N/A | | N/A | | $ | 1,015.2 | | $ | 77.8 | | $ | 24.3 | | $ | 102.1 | | 10.1 | % | N/A | | N/A | | N/A | | N/A | | N/A | |
ACCO Brands International | | N/A | | N/A | | N/A | | N/A | | N/A | | 586.7 | | 13.7 | | 27.6 | | 41.3 | | 7.0 | % | N/A | | N/A | | N/A | | N/A | | N/A | |
Computer Products | | N/A | | N/A | | N/A | | N/A | | N/A | | 233.7 | | 46.4 | | 5.4 | | 51.8 | | 22.2 | % | N/A | | N/A | | N/A | | N/A | | N/A | |
Corporate | | N/A | | N/A | | N/A | | N/A | | N/A | | — | | (30.1 | ) | 0.3 | | (29.8 | ) | | | N/A | | N/A | | N/A | | N/A | | N/A | |
Total | | N/A | | N/A | | N/A | | N/A | | N/A | | $ | 1,835.6 | | $ | 107.8 | | $ | 57.6 | | $ | 165.4 | | 9.0 | % | N/A | | N/A | | N/A | | N/A | | N/A | |
(A) Q1 2007, Q3 2007 and Full Year 2007 net sales are presented on an adjusted basis to exclude the impact of adjustments related to certain prior-period customer program costs. The reconciliations by segment for each of these periods is as follows:
| | Q1 2007 Sales | | Q3 2007 Sales | | Full Year 2007 Sales | |
| | Reported | | (A) | | Adjusted | | Reported | | (A) | | Adjusted | | Reported | | (A) | | Adjusted | |
ACCO Brands Americas | | $ | 225.1 | | $ | 1.5 | | $ | 226.6 | | $ | 266.4 | | $ | (0.8 | ) | $ | 265.6 | | $ | 1,014.5 | | $ | 0.7 | | $ | 1,015.2 | |
ACCO Brands International | | 146.3 | | — | | 146.3 | | 141.4 | | — | | 141.4 | | 586.7 | | — | | 586.7 | |
Computer Products | | 49.4 | | 0.2 | | 49.6 | | 60.3 | | (0.1 | ) | 60.2 | | 233.6 | | 0.1 | | 233.7 | |
Total | | $ | 420.8 | | $ | 1.7 | | $ | 422.5 | | $ | 468.1 | | $ | (0.9 | ) | $ | 467.2 | | $ | 1,834.8 | | $ | 0.8 | | $ | 1,835.6 | |
