Financial Highlights
Management's Discussion and Analysis of Financial Condition and Results of Operations
Operations
Results of Operations Liquidity and Capital Resources Market Risk Exposures
Critical Accounting Policies Recent Accounting Pronouncements
Forward-Looking Information
Management's Report on Internal Control Over Financial Reporting
Reports of Independent Registered Public Accounting Firm
Consolidated Financial Statements
Notes to Consolidated Financial Statements
Note 1 - Summary of Significant Accounting Policies
Note 2 - Segment Information
Note 3 - Earnings Per Share
Note 4 - Employee and Retiree Benefits
Note 5 - Income Taxes
Note 6 - Property and Equipment
Note 7 - Acquisitions
Note 8 - Goodwill and Other Intangible Assets
Note 9 - Other Assets
Note 10 - Accrued Liabilities
Note 11 - Other Liabilities
Note 12 - Long-Term Debt
Note 13 - Accounts Receivable
Note 14 - Operating Leases
Note 15 - Share-Based Compensation Plans
Note 16 - Capital Stock
Note 17 - Discontinued Operations
Note 18 - Supplemental Cash Flow Information
Note 19 - Other Operating Income, Net
Note 20 - Interest and Other Nonoperating Income (Expense), Net
Note 21 - Risk Management
Note 22 - Other Commitments and Contingencies
Note 23 - Selected Quarterly Financial Data (unaudited)
Selected Financial Data
Board of Directors and Senior Management
Corporate Information

Financial Highlights

                     
(Operating results for continuing operations, except where noted)
(In millions except per share data)                    
Operating Results   2006   2005   2004   2003   2002
Revenues                    
Brink’s, Incorporated $ 2,399 $ 2,157 $ 1,932 $ 1,689 $ 1,580
Brink’s Home Security   439   392   346   310   282
Total Revenues $ 2,838 $ 2,549 $ 2,278 $ 1,999 $ 1,862
Operating Profit                    
Brink’s, Incorporated $ 175.2 $ 111.9 $ 144.7 $ 112.5 $ 96.1
Brink’s Home Security   100.3   87.4   80.8   71.2   60.9
Business Segments   275.5   199.3   225.5   183.7   157.0
Former Operations   (26.5)   (39.2)   (45.9)   (69.5)   (19.2)
Gain on Sale of Equity Interest         10.4  
Corporate Expense   (48.4)   (44.7)   (42.2)   (27.3)   (23.1)
Total Operating Profit $ 200.6 $ 115.4 $ 137.4 $ 97.3 $ 114.7
Earnings per Share                    
Continuing Operations(a) $ 2.05 $ 0.74 $ 1.29 $ 0.71 $ 1.08
Net Income(a)(b) $ 11.64 $ 2.50 $ 2.20 $ 0.55 $ 0.48
Weighted Average Shares Outstanding(a)   50.5   57.0   55.3   53.2   52.4
Cash Flow from Operating Activities(b) $ 32.3 $ 314.0 $ 284.9 $ 303.7 $ 241.3
Total Assets   2,188.0   3,036.9   2,692.7   2,548.6   2,459.9
Long Term Debt, Less Current Maturities   126.3   251.9   181.6   221.5   304.2
Shareholders’ Equity   753.8   837.5   688.5   495.6   381.2
(a)
Diluted basis.
(b)
Includes Discontinued Operations.

The financial highlights set forth above should be read only in conjunction with Management’s Discussion and Analysis and the consolidated financial statements.