2005 Financial Review

FINANCIAL HIGHLIGHTS


                     
(Operating results for continuing operations, except where noted)
(In millions except per share data)                    
Operating Results   2005   2004   2003   2002   2001
Revenues                    
Brink’s, Incorporated $ 2,157 $ 1,932 $ 1,689 $ 1,580 $ 1,536
Brink’s Home Security   392   346   310   282   258
Total Revenues $ 2,549 $ 2,278 $ 1,999 $ 1,862 $ 1,794
Operating Profit                    
Brink’s, Incorporated $ 111.9 $ 144.7 $ 112.5 $ 96.1 $ 92.0
Brink’s Home Security   87.4   80.8   71.2   60.9   54.9
Business Segment   199.3   225.5   183.7   157.0   146.9
Former Operations   (39.2)   (45.9)   (69.5)   (19.2)  
Gain on Sale of Equity Interest       10.4    
Corporate Expense   (44.7)   (42.2)   (27.3)   (23.1)   (21.5)
Total Operating Profit $ 115.4 $ 137.4 $ 97.3 $ 114.7 $ 125.4
Earnings per Share                    
Continuing Operations(a) $ 0.74 $ 1.29 $ 0.71 $ 1.08 $ 1.12
Net Income(a)(b) $ 2.50 $ 2.20 $ 0.55 $ 0.48 $ 0.31
Weighted Average Shares Outstanding(a)   57.0   55.3   53.2   52.4   51.4
Cash Flow from Operating Activities(b) $ 314.0 $ 284.9 $ 303.7 $ 241.3 $ 320.1
Total Assets   3,036.9   2,692.7   2,548.6   2,459.9   2,423.2
Long Term Debt, Less Current Maturities   251.9   181.6   221.5   304.2   257.4
Shareholders’ Equity   837.5   688.5   495.6   381.2   476.1
(a)
Diluted basis.
(b)
Includes Discounted Operations.

The financial highlights set forth above should be read only in conjunction with the 2005 Annual Report, including Management's Discussion and Analysis and the consolidated financial statements.