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(in thousands of dollars)
|
|
|
FY2003 |
|
FY 2002 |
|
change % |
REVENUES *: |
|
|
|
|
|
|
|
Listing fees |
|
$294,612 |
|
$286,071 |
|
3.0% |
|
Data processing fees |
|
224,774 |
|
224,575 |
|
0.1 |
|
Market information fees |
|
172,369 |
|
168,844 |
|
2.1 |
|
Trading fees |
|
157,171 |
|
152,806 |
|
2.9 |
|
Regulatory fees |
|
113,506 |
|
120,813 |
|
(6.0) |
|
Facility and equipment fees |
|
60,494 |
|
52,575 |
|
15.1 |
|
Membership fees |
|
10,990 |
|
12,816 |
|
(14.2) |
|
Investment and other Income |
|
40,224 |
|
47,359 |
|
(15.1) |
Total Revenues |
|
1,074,140 |
|
1,065,859 |
|
0.8 |
|
|
|
|
|
|
|
|
EXPENSES *: |
|
|
|
|
|
|
Compensation |
|
522,461 |
|
521,506 |
|
0.2 |
Systems and related support |
|
146,019 |
|
143,573 |
|
1.7 |
Professional services |
|
114,795 |
|
136,258 |
|
(15.8) |
Depreciation and amortization |
|
67,559 |
|
61,856 |
|
9.2 |
Occupancy |
|
65,323 |
|
63,871 |
|
2.3 |
General, administrative and other |
|
56,155 |
|
69,388 |
|
(19.1) |
Advertising |
|
14,568 |
|
27,293 |
|
(46.6) |
Total expenses |
|
986,880 |
|
1,023,745 |
|
(3.6) |
Income before taxes and minority interest |
|
87,260 |
|
42,114 |
|
107.2
|
Provision for income taxes |
|
36,367 |
|
11,721 |
|
210.3 |
Minority interest in income of consolidated subsidiary
|
|
1,274 |
|
2,330 |
|
(45.3) |
|
|
|
|
|
|
|
|
NET INCOME |
|
$49,619 |
|
$28,063 |
|
76.8% |
* NYSE revenues and expenses include the results of its two thirds- owned subsidiary, Securities Industry Automation Corp.
