%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream BT /F1 9.00 Tf ET /GS0 gs q 239.00 0 0 40.00 63.00 707.00 cm /I1 Do Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 674.72 Td (Media Contact:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 664.72 Td (Laura Cora ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 654.72 Td (Marsh & McLennan Companies) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 644.72 Td (+1 212 345 2731) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 66 633.2939453125 m 163.94921875 633.2939453125 l s q 0 0 1 rg BT 66.00 634.72 Td (laura.cora@mmc.com) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 415.00 674.72 Td (Investor Contact:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 415.00 664.72 Td (Keith W) Tj ET Q q 0 0 0 rg BT 449.64 664.72 Td (alsh) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 415.00 654.72 Td (Marsh & McLennan Companies) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 415.00 644.72 Td (+1 212 345 0057) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 415 633.2939453125 m 517.94921875 633.2939453125 l s q 0 0 1 rg BT 415.00 634.72 Td (keith.walsh@mmc.com) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F3 11.00 Tf ET q 0 0 0 rg BT 192.45 589.00 Td (MARSH & McLENNAN COMP) Tj ET Q q 0 0 0 rg BT 343.19 589.00 Td (ANIES REPORTS ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 174.60 575.80 Td (FOURTH QUARTER ) Tj ET Q q 0 0 0 rg BT 280.52 575.80 Td (AND FULL-YEAR 2013 RESUL) Tj ET Q q 0 0 0 rg BT 436.78 575.80 Td (TS) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 132.70 546.40 Td (Strong Underlying Revenue Growth in the Fourth Quarter in Both Segments) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 111.75 529.00 Td (Double-Digit Increase in ) Tj ET Q q 0 0 0 rg BT 228.62 529.00 Td (Adjusted Operating Income for Fourth Quarter and Full ) Tj ET Q q 0 0 0 rg BT 492.34 529.00 Td (Y) Tj ET Q q 0 0 0 rg BT 498.64 529.00 Td (ear) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 143.35 511.60 Td (Fourth Quarter GAAP) Tj ET Q q 0 0 0 rg BT 245.21 511.60 Td ( EPS Rises 15% and ) Tj ET Q q 0 0 0 rg BT 343.21 511.60 Td (Adjusted EPS Up 10% to $.57) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 138.20 494.25 Td (Full-Y) Tj ET Q q 0 0 0 rg BT 165.60 494.25 Td (ear GAAP) Tj ET Q q 0 0 0 rg BT 211.92 494.25 Td ( EPS Increases 14% and ) Tj ET Q q 0 0 0 rg BT 329.39 494.25 Td (Adjusted EPS Rises 15% to $2.48 ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 72.00 445.70 Td (NEW ) Tj ET Q q 0 0 0 rg BT 100.52 445.70 Td (YORK) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 132.30 445.70 Td (, February 1) Tj ET Q q 0 0 0 rg BT 190.79 445.70 Td (1, 2014 Marsh & McLennan Companies, Inc. \(NYSE: MMC\) today ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 426.55 Td (reported financial results for the fourth quarter and year ended December 31, 2013.) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 395.40 Td (Dan Glaser) Tj ET Q q 0 0 0 rg BT 127.03 395.40 Td (, president and CEO, said: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 259.10 395.40 Td () Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 263.98 395.40 Td (Marsh & McLennan Companies had excellent results in the ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 376.25 Td (fourth quarter of 2013. On a consolidated basis, the Company produced underlying revenue growth ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 357.10 Td (of 4%, with the adjusted margin rising 130 basis points and double-digit growth in both GAAP) Tj ET Q q 0 0 0 rg BT 524.29 357.10 Td ( and ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 338.00 Td (adjusted EPS. Marsh had underlying revenue growth of 4%, with all geographic regions ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 318.85 Td (contributing. Guy Carpenter generated underlying revenue growth of 6%, its best performance in ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 299.70 Td (2013. Mercer grew underlying revenue 4%, driven by outstanding performance in Health and ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 280.55 Td (Investments. Oliver W) Tj ET Q q 0 0 0 rg BT 179.48 280.55 Td (yman) Tj ET Q q 0 0 0 rg BT 208.62 280.55 Td (s 5% increase in underlying revenue was its strongest performance in ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 261.45 Td (the past six quarters. ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 230.30 Td (For the full year) Tj ET Q q 0 0 0 rg BT 151.48 230.30 Td (, Marsh & McLennan Companies) Tj ET Q q 0 0 0 rg BT 313.70 230.30 Td ( results were outstanding. On a consolidated ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 211.15 Td (basis, adjusted operating income grew 14%, and the consolidated margin increased 180 basis points ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 192.00 Td (to 17.4% from 15.6%. Marsh produced another year of strong performance, with underlying revenue ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 172.85 Td (growth across all major geographies and record new business development. Guy Carpenter) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 518.35 172.85 Td () Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 522.01 172.85 Td (s ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 153.75 Td (results for the year were excellent, with underlying revenue growth of 5%. Mercer) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 469.41 153.75 Td () Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 473.07 153.75 Td (s strong ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 134.60 Td (performance included 4% underlying revenue growth, fueling the Consulting segment) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 486.58 134.60 Td () Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 490.25 134.60 Td (s record ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 115.45 Td (profitability) Tj ET Q q 0 0 0 rg BT 123.76 115.45 Td (. Oliver W) Tj ET Q q 0 0 0 rg BT 171.94 115.45 Td (yman) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 198.84 115.45 Td () Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 202.50 115.45 Td (s underlying revenue growth improved sequentially throughout the year) Tj ET Q q 0 0 0 rg BT 547.99 115.45 Td (. ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 96.30 Td (For the fourth consecutive year) Tj ET Q q 0 0 0 rg BT 223.02 96.30 Td (, the Risk and Insurance Services and Consulting segments both ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 77.15 Td (achieved double-digit growth in adjusted operating income. ) Tj ET Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 303.20 28.75 Td (2) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 743.50 Td (W) Tj ET Q q 0 0 0 rg BT 85.85 743.50 Td (e are proud of our accomplishments this past year) Tj ET Q q 0 0 0 rg BT 329.19 743.50 Td (. W) Tj ET Q q 0 0 0 rg BT 348.55 743.50 Td (e have established an operating platform ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 724.40 Td (that positions us well to deliver sustained long-term EPS growth approaching 13%, concluded Mr) Tj ET Q q 0 0 0 rg BT 545.86 724.40 Td (. ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 705.25 Td (Glaser) Tj ET Q q 0 0 0 rg BT 103.79 705.25 Td (.) Tj ET Q BT /F4 11.00 Tf ET 0 0 0 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 72 672.531640625 m 175.94677734375 672.531640625 l s q 0 0 0 rg BT 72.00 674.10 Td (Consolidated Results) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 654.95 Td (Consolidated revenue in the fourth quarter of 2013 was $3.1 billion, an increase of 4% on both a ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 635.80 Td (reported and underlying basis, compared with the fourth quarter of 2012. Underlying revenue ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 616.70 Td (measures the change in revenue using consistent currency exchange rates, excluding the impact of ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 597.55 Td (certain items, such as acquisitions, dispositions, and transfers among businesses. Operating income ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 578.40 Td (was $489 million, compared with $406 million in the prior year period. ) Tj ET Q q 0 0 0 rg BT 411.34 578.40 Td (Adjusted operating income, ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 559.25 Td (which excludes noteworthy items as presented in the attached supplemental schedules, rose 13% in ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 540.10 Td (the fourth quarter to $509 million. ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 509.00 Td (Net income attributable to the Company was $303 million, or $.54 per diluted share, in the fourth ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 489.85 Td (quarter) Tj ET Q q 0 0 0 rg BT 106.25 489.85 Td (. ) Tj ET Q q 0 0 0 rg BT 112.16 489.85 Td (This compares with $259 million, or $.47 per diluted share, in the prior year) Tj ET Q q 0 0 0 rg BT 475.95 489.85 Td (. ) Tj ET Q q 0 0 0 rg BT 481.46 489.85 Td (Adjusted ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 470.70 Td (earnings per share grew 10% to $.57, compared with $.52 last year) Tj ET Q q 0 0 0 rg BT 398.52 470.70 Td (. ) Tj ET Q q 0 0 0 rg BT 404.43 470.70 Td (The fourth quarter includes a ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 451.55 Td ($24 million expense, or $.03 per share, related to the cost of extinguishment of debt.) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 420.40 Td (For 2013, revenue was $12.3 billion, an increase of 3% on both a reported and underlying basis. ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 401.30 Td (Operating income rose 14% to $2.1 billion, compared with $1.8 billion in the prior year) Tj ET Q q 0 0 0 rg BT 488.40 401.30 Td (. ) Tj ET Q q 0 0 0 rg BT 493.90 401.30 Td (Adjusted ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 382.15 Td (operating income also grew 14% to $2.1 billion. Net income was $1.4 billion, or $2.43 per diluted ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 363.00 Td (share, compared with $1.2 billion, or $2.13 per diluted share, in 2012. ) Tj ET Q q 0 0 0 rg BT 411.99 363.00 Td (Adjusted earnings per share ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 343.85 Td (for 2013 increased 15% to $2.48. ) Tj ET Q BT /F4 11.00 Tf ET 0 0 0 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 72 311.131640625 m 211.39599609375 311.131640625 l s q 0 0 0 rg BT 72.00 312.70 Td (Risk and Insurance Services) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 293.60 Td (Risk and Insurance Services revenue was $1.6 billion in the fourth quarter of 2013, an increase of ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 274.45 Td (4% on both a reported and underlying basis. ) Tj ET Q q 0 0 0 rg BT 290.32 274.45 Td (Adjusted operating income increased 9% to $327 ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 255.30 Td (million. For the full year 2013, segment revenue was $6.6 billion, an increase of 4% from the prior ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 236.15 Td (year period, or 3% on an underlying basis. ) Tj ET Q q 0 0 0 rg BT 280.52 236.15 Td (Adjusted operating income rose 1) Tj ET Q q 0 0 0 rg BT 443.58 236.15 Td (1% to $1.5 billion, ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 217.00 Td (compared with $1.3 billion last year) Tj ET Q q 0 0 0 rg BT 243.20 217.00 Td (. ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 185.90 Td (Marsh's revenue in the fourth quarter of 2013 was $1.4 billion, an increase of 4% on both a reported ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 166.75 Td (and underlying basis. International operations had underlying revenue growth of 4% in the fourth ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 147.60 Td (quarter) Tj ET Q q 0 0 0 rg BT 106.25 147.60 Td (, reflecting growth of 13% in Latin ) Tj ET Q q 0 0 0 rg BT 271.34 147.60 Td (America; 4% in ) Tj ET Q q 0 0 0 rg BT 347.76 147.60 Td (Asia Pacific; and 3% in EMEA. In the US/) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 128.45 Td (Canada division, underlying revenue grew 3%. Guy Carpenter's fourth quarter revenue was $209 ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 109.30 Td (million, an increase of 6% on both a reported and underlying basis, reflecting broad-based growth in ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 90.20 Td (North ) Tj ET Q q 0 0 0 rg BT 101.35 90.20 Td (America, International, Global Specialties, and UK Facultative.) Tj ET Q endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 303.20 28.75 Td (3) Tj ET Q BT /F4 11.00 Tf ET 0 0 0 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 72 741.931640625 m 123.97607421875 741.931640625 l s q 0 0 0 rg BT 72.00 743.50 Td (Consulting) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 724.40 Td (Consulting segment revenue was $1.5 billion in the fourth quarter) Tj ET Q q 0 0 0 rg BT 388.75 724.40 Td (, an increase of 4% on both a ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 705.25 Td (reported and underlying basis. ) Tj ET Q q 0 0 0 rg BT 222.43 705.25 Td (Adjusted operating income was $222 million, an increase of 16% from ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 686.10 Td ($191 million. For the full year 2013, segment revenue was $5.7 billion, an increase of 2% on both a ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 666.95 Td (reported and underlying basis. ) Tj ET Q q 0 0 0 rg BT 222.43 666.95 Td (Adjusted operating income rose 13% to $847 million, compared with ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 647.80 Td ($747 million last year) Tj ET Q q 0 0 0 rg BT 174.72 647.80 Td (. ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 616.70 Td (Mercer's revenue was $1.1 billion in the fourth quarter of 2013, an increase of 2%, or 4% on an ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 597.55 Td (underlying basis. Health grew 6% on an underlying basis; Investments grew 10%; Retirement was ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 578.40 Td (unchanged; and ) Tj ET Q q 0 0 0 rg BT 153.76 578.40 Td (T) Tj ET Q q 0 0 0 rg BT 159.26 578.40 Td (alent declined 3%. Oliver W) Tj ET Q q 0 0 0 rg BT 294.28 578.40 Td (yman's revenue was $408 million in the fourth quarter ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 559.25 Td (of 2013, an increase of 8% on a reported basis, or 5% on an underlying basis. ) Tj ET Q BT /F4 11.00 Tf ET 0 0 0 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 72 526.531640625 m 132.51611328125 526.531640625 l s q 0 0 0 rg BT 72.00 528.10 Td (Other Items ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 509.00 Td (In the fourth quarter of 2013, the Company had investment income of $1) Tj ET Q q 0 0 0 rg BT 422.79 509.00 Td (1 million, compared with $4 ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 489.85 Td (million a year ago. ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 458.70 Td (In the fourth quarter) Tj ET Q q 0 0 0 rg BT 168.01 458.70 Td (, the Company repurchased 3.2 million shares of its common stock for $150 ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 439.55 Td (million. For the full year) Tj ET Q q 0 0 0 rg BT 185.10 439.55 Td (, 13.2 million shares of common stock were repurchased for $550 million. ) Tj ET Q BT /F4 11.00 Tf ET 0 0 0 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 72 406.831640625 m 150.87451171875 406.831640625 l s q 0 0 0 rg BT 72.00 408.40 Td (Conference Call) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 389.30 Td (A) Tj ET Q q 0 0 0 rg BT 78.73 389.30 Td ( conference call to discuss fourth quarter and full-year 2013 results will be held today at 8:30 a.m. ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 370.15 Td (Eastern time. ) Tj ET Q q 0 0 0 rg BT 139.66 370.15 Td (T) Tj ET Q q 0 0 0 rg BT 145.16 370.15 Td (o participate in the teleconference, please dial +1 888 299 7205. Callers from outside ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 351.00 Td (the United States should dial +1 719 785 9448. ) Tj ET Q q 0 0 0 rg BT 303.89 351.00 Td (The access code for both numbers is 5132808. ) Tj ET Q q 0 0 0 rg BT 536.05 351.00 Td (The ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 331.85 Td (live audio webcast may be accessed at ) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 265.82666015625 330.281640625 m 339.7705078125 330.281640625 l s q 0 0 1 rg BT 265.83 331.85 Td (www) Tj ET Q q 0 0 1 rg BT 289.05 331.85 Td (.mmc.com) Tj ET Q BT /F2 11.00 Tf ET q 0 0 1 rg BT 339.77 331.85 Td (.) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 342.52 331.85 Td ( ) Tj ET Q q 0 0 0 rg BT 344.97 331.85 Td (A) Tj ET Q q 0 0 0 rg BT 351.70 331.85 Td ( replay of the webcast will be available ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 312.70 Td (approximately two hours after the event. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 72.00 281.60 Td (About Marsh & McLennan Companies) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 262.45 Td (MARSH & McLENNAN COMP) Tj ET Q q 0 0 0 rg BT 219.70 262.45 Td (ANIES \(NYSE: MMC\) is a global professional services firm of) Tj ET Q q 0 0 0 rg BT 517.20 262.45 Td (fering ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 243.30 Td (clients advice and solutions in the areas of risk, strategy) Tj ET Q q 0 0 0 rg BT 343.27 243.30 Td (, and human capital. ) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 445.3876953125 241.73164062499995 m 475.94921875 241.73164062499995 l s q 0 0 1 rg BT 445.39 243.30 Td (Marsh) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 475.95 243.30 Td ( is a global leader ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 224.15 Td (in insurance broking and risk management; ) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 285.3935546875 222.58164062499998 m 357.5380859375 222.58164062499998 l s q 0 0 1 rg BT 285.39 224.15 Td (Guy Carpenter) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 357.54 224.15 Td ( is a global leader in providing risk and ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 205.00 Td (reinsurance intermediary services; ) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 242.564453125 203.431640625 m 276.7890625 203.431640625 l s q 0 0 1 rg BT 242.56 205.00 Td (Mercer) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 276.79 205.00 Td ( is a global leader in talent, health, retirement, and ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 185.90 Td (investment consulting; and ) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 205.2998046875 184.33164062499998 m 274.2646484375 184.33164062499998 l s q 0 0 1 rg BT 205.30 185.90 Td (Oliver W) Tj ET Q q 0 0 1 rg BT 247.37 185.90 Td (yman) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 274.26 185.90 Td ( is a global leader in management consulting. Marsh & ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 166.75 Td (McLennan Companies) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 182.06 166.75 Td () Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 185.73 166.75 Td ( 55,000 colleagues worldwide provide analysis, advice, and transactional ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 147.60 Td (capabilities to clients in more than 100 countries. ) Tj ET Q q 0 0 0 rg BT 312.10 147.60 Td (The Company prides itself on being a responsible ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 72.00 128.45 Td (corporate citizen and making a positive impact in the communities in which it operates. V) Tj ET Q q 0 0 0 rg BT 502.84 128.45 Td (isit ) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.81 w 0 i [] 0 d 1 J 1 j 3 M 72 107.73164062499995 m 145.94384765625 107.73164062499995 l s q 0 0 1 rg BT 72.00 109.30 Td (www) Tj ET Q q 0 0 1 rg BT 95.22 109.30 Td (.mmc.com) Tj ET Q BT /F4 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 145.94 109.30 Td ( for more information.) 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(These statements, which express management's current views concerning future events or results, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 696.25 Td (use words like ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 129.14 696.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 133.58 696.25 Td (anticipate,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.16 696.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 183.60 696.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 186.38 696.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 190.82 696.25 Td (assume,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 228.61 696.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 233.05 696.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.83 696.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 240.27 696.25 Td (believe,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.73 696.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 279.17 696.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.95 696.25 Td () Tj 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() Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 545.16 684.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 672.25 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 82.46 672.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.90 672.25 Td (would.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 115.81 672.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 120.25 672.25 Td ( For example, we may use forward-looking statements when addressing topics such as: the ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 660.25 Td (outcome of contingencies; the expected impact of acquisitions and dispositions; the impact of competition; ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 648.25 Td (pension obligations; the impact of foreign currency exchange rates; our ef) Tj ET Q q 0 0 0 rg BT 388.01 648.25 Td (fective tax rates; changes in our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 636.25 Td (business strategies and methods of generating revenue; the development and performance of our services and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 624.25 Td (products; changes in the composition or level of our revenues; our cost structure, dividend policy) Tj ET Q q 0 0 0 rg BT 488.60 624.25 Td (, cash flow and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 612.25 Td (liquidity; future actions by regulators; and the impact of changes in accounting rules. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 588.25 Td (Forward-looking statements are subject to inherent risks and uncertainties. Factors that could cause actual ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 576.25 Td (results to dif) Tj ET Q q 0 0 0 rg BT 116.73 576.25 Td (fer materially from those expressed or implied in our forward-looking statements include, among ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 564.25 Td (other things: ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 540.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 540.25 Td (our exposure to potential liabilities arising from errors and omissions claims against us; ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 528.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 528.25 Td (the impact of competition, including with respect to our geographic reach, the sophistication and quality ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 516.25 Td (of our services, our pricing relative to competitors, our customers' option to self-insure or utilize internal ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 504.25 Td (resources instead of consultants, and our corporate tax rates relative to a number of our competitors; ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 492.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 492.25 Td (the extent to which we retain existing clients and attract new business, and our ability to incentivize and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 480.25 Td (retain key employees; ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 81.00 468.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 468.25 Td (our ability to maintain adequate physical, technical and administrative safeguards to protect the security ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 456.25 Td (of confidential information or data, and the potential of a system or network disruption that results in ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 444.25 Td (regulatory penalties, remedial costs and/or the improper disclosure of confidential information or data;) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 81.00 432.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 432.25 Td (our exposure to potential criminal sanctions or civil remedies if we fail to comply with foreign and U.S. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 420.25 Td (laws and regulations that are applicable in the domestic and international jurisdictions in which we ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 408.25 Td (operate, including trade sanctions laws relating to countries such as Cuba, Iran, Sudan and Syria, anti-) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 396.25 Td (corruption laws such as the U.S. Foreign Corrupt Practices ) Tj ET Q q 0 0 0 rg BT 361.33 396.25 Td (Act and the U.K. Bribery ) Tj ET Q q 0 0 0 rg BT 470.83 396.25 Td (Act 2010, local laws ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 384.25 Td (prohibiting corrupt payments to government of) Tj ET Q q 0 0 0 rg BT 302.82 384.25 Td (ficials, as well as import and export restrictions; ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 81.00 372.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 372.25 Td (our ability to make acquisitions and dispositions and to integrate, and realize expected synergies, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 360.25 Td (savings or benefits from, the businesses we acquire; ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 348.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 348.25 Td (changes in the funded status of our global defined benefit pension plans and the impact of any increased ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 336.25 Td (pension funding resulting from those changes; ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 324.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 324.25 Td (the impact on our net income caused by fluctuations in foreign currency exchange rates; ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 312.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 312.25 Td (our ability to successfully recover should we experience a disaster or other business continuity problem, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 300.25 Td (such as an earthquake, hurricane, flood, terrorist attack, pandemic, security breach, cyber attack, power ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 288.25 Td (loss, telecommunications failure or other natural or man-made disaster; ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 276.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 276.25 Td (the impact of changes in interest rates and deterioration of counterparty credit quality on our results ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 264.25 Td (related to our cash balances and investment portfolios, including corporate and fiduciary funds; ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 252.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 252.25 Td (the potential impact of rating agency actions on our cost of financing and ability to borrow) Tj ET Q q 0 0 0 rg BT 492.01 252.25 Td (, as well as on ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 240.25 Td (our operating costs and competitive position; ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 228.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 228.25 Td (changes in applicable tax or accounting requirements; and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 216.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 216.25 Td (potential income statement ef) Tj ET Q q 0 0 0 rg BT 229.45 216.25 Td (fects from the application of F) Tj ET Q q 0 0 0 rg BT 360.07 216.25 Td (ASB's ) Tj ET Q q 0 0 0 rg BT 389.21 216.25 Td (ASC ) Tj ET Q q 0 0 0 rg BT 412.37 216.25 Td (T) Tj ET Q q 0 0 0 rg BT 417.37 216.25 Td (opic No. 740 \() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.63 216.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 484.07 216.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 519.46 216.25 Td (T) Tj ET Q q 0 0 0 rg BT 524.46 216.25 Td (axes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.58 216.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 550.02 216.25 Td (\) ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 204.25 Td (regarding accounting treatment of uncertain tax benefits and valuation allowances, including the ef) Tj ET Q q 0 0 0 rg BT 533.54 204.25 Td (fect of ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 99.00 192.25 Td (any subsequent adjustments to the estimates we use in applying this accounting standard. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 168.25 Td (The factors identified above are not exhaustive. Marsh & McLennan Companies and its subsidiaries operate in a ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 156.25 Td (dynamic business environment in which new risks may emerge frequently) Tj ET Q q 0 0 0 rg BT 387.96 156.25 Td (. ) Tj ET Q q 0 0 0 rg BT 392.96 156.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 443.91 156.25 Td (, we caution readers not to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 144.25 Td (place undue reliance on the above forward-looking statements, which speak only as of the dates on which they ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 132.25 Td (are made. ) Tj ET Q q 0 0 0 rg BT 110.62 132.25 Td (The Company undertakes no obligation to update or revise any forward-looking statement to reflect ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 120.25 Td (events or circumstances arising after the date on which it is made. Further information concerning Marsh & ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 108.25 Td (McLennan Companies and its businesses, including information about factors that could materially af) Tj ET Q q 0 0 0 rg BT 508.62 108.25 Td (fect our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 96.25 Td (results of operations and financial condition, is contained in the Company's filings with the Securities and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 84.25 Td (Exchange Commission, including the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.75 84.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 234.19 84.25 Td (Risk Factors) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.75 84.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 294.19 84.25 Td ( section of our most recently filed ) Tj ET Q q 0 0 0 rg BT 442.59 84.25 Td (Annual Report on ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 72.25 Td (Form) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.33 72.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 88.83 72.25 Td (10-K.) 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Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.70 732.25 Td (Consolidated Statements of Income) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 230.75 720.25 Td (\(In millions, except per share figures\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 286.60 708.25 Td (\(Unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 696.25 Td () Tj ET Q 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 650.75 m 368.5 650.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 368.5 650.75 m 372.5 650.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 650.75 m 419.5 650.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 650.75 m 471.5 650.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 471.5 650.75 m 475.5 650.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 650.75 m 523.5 650.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 650.75 m 368.5 650.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 636.75 m 368.5 636.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 368.5 650.75 m 372.5 650.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 650.75 m 419.5 650.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 636.75 m 419.5 636.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 636.75 m 368.5 636.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 622.75 m 368.5 622.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 636.75 m 419.5 636.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 622.75 m 419.5 622.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 636.75 m 471.5 636.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 622.75 m 471.5 622.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 636.75 m 523.5 636.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 622.75 m 523.5 622.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 571.75 m 368.5 571.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 571.75 m 419.5 571.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 571.75 m 471.5 571.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 571.75 m 523.5 571.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 571.75 m 368.5 571.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 556.75 m 368.5 556.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 571.75 m 419.5 571.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 556.75 m 419.5 556.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 571.75 m 471.5 571.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 556.75 m 471.5 556.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 571.75 m 523.5 571.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 556.75 m 523.5 556.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 456.75 m 368.5 456.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 456.75 m 419.5 456.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 456.75 m 471.5 456.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 456.75 m 523.5 456.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 456.75 m 368.5 456.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 456.75 m 419.5 456.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 456.75 m 471.5 456.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 456.75 m 523.5 456.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 416.75 m 368.5 416.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 416.75 m 419.5 416.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 416.75 m 471.5 416.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 416.75 m 523.5 416.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 416.75 m 368.5 416.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 416.75 m 419.5 416.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 416.75 m 471.5 416.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 416.75 m 523.5 416.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 376.75 m 368.5 376.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 376.75 m 419.5 376.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 376.75 m 471.5 376.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 376.75 m 523.5 376.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 376.75 m 368.5 376.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 372.5 376.75 m 419.5 376.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 423.5 376.75 m 471.5 376.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 376.75 m 523.5 376.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 331.75 m 368.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 331.75 m 419.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 331.75 m 471.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 331.75 m 523.5 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 317.75 m 368.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 315.75 m 368.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 317.75 m 419.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 315.75 m 419.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 317.75 m 471.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 315.75 m 471.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 317.75 m 523.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 315.75 m 523.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 287.75 m 368.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 285.75 m 368.5 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 287.75 m 419.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 285.75 m 419.5 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 287.75 m 471.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 285.75 m 471.5 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 287.75 m 523.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 285.75 m 523.5 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 272.75 m 368.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 270.75 m 368.5 270.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 272.75 m 419.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 270.75 m 419.5 270.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 272.75 m 471.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 270.75 m 471.5 270.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 272.75 m 523.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 270.75 m 523.5 270.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 242.75 m 368.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 240.75 m 368.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 242.75 m 419.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 240.75 m 419.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 242.75 m 471.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 240.75 m 471.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 242.75 m 523.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 240.75 m 523.5 240.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 227.75 m 368.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 225.75 m 368.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 227.75 m 419.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 225.75 m 419.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 227.75 m 471.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 225.75 m 471.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 227.75 m 523.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 225.75 m 523.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 225.75 m 368.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 227.75 m 368.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 225.75 m 419.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 227.75 m 419.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 225.75 m 471.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 227.75 m 471.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 225.75 m 523.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 227.75 m 523.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 197.75 m 368.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 195.75 m 368.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 197.75 m 419.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 195.75 m 419.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 197.75 m 471.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 195.75 m 471.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 197.75 m 523.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 195.75 m 523.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 182.75 m 368.5 182.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 180.75 m 368.5 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 182.75 m 419.5 182.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 180.75 m 419.5 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 182.75 m 471.5 182.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 180.75 m 471.5 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 182.75 m 523.5 182.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 180.75 m 523.5 180.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 167.75 m 368.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 165.75 m 368.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 167.75 m 419.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 165.75 m 419.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 167.75 m 471.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 165.75 m 471.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 167.75 m 523.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 165.75 m 523.5 165.75 l s BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 655.37 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 317.05 665.37 Td (Three Months Ended) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 333.95 655.37 Td (December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 437.50 675.37 Td (Twelve Months) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 457.70 665.37 Td (Ended) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 440.45 655.37 Td (December 31,) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 640.97 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 342.75 640.97 Td (2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 393.75 640.97 Td (2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 445.75 640.97 Td (2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 497.75 640.97 Td (2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 626.97 Td (Revenue) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 317.00 626.97 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 339.60 626.97 Td (3,115) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 375.00 626.97 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 390.60 626.97 Td (3,002) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 426.00 626.97 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 437.05 626.97 Td (12,261) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 478.00 626.97 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 489.05 626.97 Td (11,924) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 606.37 Td (Expense:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 591.37 Td (Compensation and Benefits) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 339.60 591.37 Td (1,833) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 390.60 591.37 Td (1,802) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 442.60 591.37 Td (7,226) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 494.60 591.37 Td (7,134) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 576.37 Td (Other Operating Expenses) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 576.37 Td (793) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 576.37 Td (794) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 442.60 576.37 Td (2,958) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 494.60 576.37 Td (2,961) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 561.37 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 79.89 561.37 Td (Operating Expenses) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 339.60 561.37 Td (2,626) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 390.60 561.37 Td (2,596) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 437.05 561.37 Td (10,184) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 489.05 561.37 Td (10,095) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 541.37 Td (Operating Income) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 541.37 Td (489) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 541.37 Td (406) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 442.60 541.37 Td (2,077) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 494.60 541.37 Td (1,829) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 521.37 Td (Interest Income) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 359.05 521.37 Td (5) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 410.05 521.37 Td (6) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 456.50 521.37 Td (18) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 508.50 521.37 Td (24) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 501.37 Td (Interest Expense) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 350.15 501.37 Td (\(43) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 364.65 501.37 Td (\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 401.15 501.37 Td (\(46) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 415.65 501.37 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 447.60 501.37 Td (\(167) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 467.65 501.37 Td (\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 499.60 501.37 Td (\(181) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 519.65 501.37 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 481.37 Td (Cost of Extinguishment of Debt) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 350.15 481.37 Td (\(24) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 364.65 481.37 Td (\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 405.65 481.37 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 453.15 481.37 Td (\(24) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 467.65 481.37 Td (\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 509.65 481.37 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 461.37 Td (Investment Income) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 353.50 461.37 Td (11) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 410.05 461.37 Td (4) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 456.50 461.37 Td (69) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 508.50 461.37 Td (24) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 441.37 Td (Income Before Income Taxes) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 441.37 Td (438) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 441.37 Td (370) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 442.60 441.37 Td (1,973) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 494.60 441.37 Td (1,696) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 421.37 Td (Income Tax Expense) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 421.37 Td (131) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 421.37 Td (105) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 450.95 421.37 Td (594) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 502.95 421.37 Td (492) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 401.37 Td (Income from Continuing Operations) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 401.37 Td (307) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 401.37 Td (265) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 442.60 401.37 Td (1,379) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 494.60 401.37 Td (1,204) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 381.37 Td (Discontinued Operations, Net of Tax) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 354.65 381.37 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 406.75 381.37 Td (\(2) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 415.65 381.37 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 462.05 381.37 Td (6) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 510.75 381.37 Td (\(3) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 519.65 381.37 Td (\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 361.37 Td (Net Income Before Non-Controlling Interests) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 361.37 Td (307) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 361.37 Td (263) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 442.60 361.37 Td (1,385) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 494.60 361.37 Td (1,201) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 346.37 Td (Less: Net Income Attributable to Non-Controlling) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 336.37 Td (Interests) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 359.05 336.37 Td (4) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 410.05 336.37 Td (4) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 456.50 336.37 Td (28) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 508.50 336.37 Td (25) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 321.37 Td (Net Income Attributable to the Company) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 317.00 321.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 321.37 Td (303) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 375.00 321.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 321.37 Td (259) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 426.00 321.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 442.60 321.37 Td (1,357) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 478.00 321.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 494.60 321.37 Td (1,176) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 306.37 Td (Basic Net Income Per Share) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 291.37 Td (- Continuing Operations) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 317.00 291.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 345.15 291.37 Td (0.55) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 375.00 291.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 396.15 291.37 Td (0.48) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 426.00 291.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 291.37 Td (2.46) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 478.00 291.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 500.15 291.37 Td (2.16) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 276.37 Td (- Net Income Attributable to the Company) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 317.00 276.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 345.15 276.37 Td (0.55) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 375.00 276.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 396.15 276.37 Td (0.48) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 426.00 276.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 276.37 Td (2.47) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 478.00 276.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 500.15 276.37 Td (2.16) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 261.37 Td (Diluted Net Income Per Share) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 246.37 Td (- Continuing Operations) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 317.00 246.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 345.15 246.37 Td (0.54) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 375.00 246.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 396.15 246.37 Td (0.47) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 426.00 246.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 246.37 Td (2.42) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 478.00 246.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 500.15 246.37 Td (2.13) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 231.37 Td (- Net Income Attributable to the Company) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 317.00 231.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 345.15 231.37 Td (0.54) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 375.00 231.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 396.15 231.37 Td (0.47) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 426.00 231.37 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.15 231.37 Td (2.43) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 478.00 231.37 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 500.15 231.37 Td (2.13) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 216.37 Td (Average Number of Shares Outstanding) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 88.50 201.37 Td (- Basic) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 201.37 Td (548) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 201.37 Td (545) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 450.95 201.37 Td (549) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 502.95 201.37 Td (544) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 88.50 186.37 Td (- Diluted) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 186.37 Td (557) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 186.37 Td (554) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 450.95 186.37 Td (558) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 502.95 186.37 Td (552) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 171.37 Td (Shares Outstanding at 12/31) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.95 171.37 Td (547) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 398.95 171.37 Td (545) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 450.95 171.37 Td (547) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 502.95 171.37 Td (545) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 303.20 28.75 Td (6) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.15 744.25 Td (Marsh & McLennan Companies, Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 204.00 732.25 Td (Supplemental Information - Revenue ) Tj ET Q q 0 0 0 rg BT 380.32 732.25 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 216.85 720.25 Td (Three Months Ended December 31, 2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 265.20 708.25 Td (\(Millions\) \(Unaudited\)) Tj ET Q 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 683.75 m 417.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 421.5 683.75 m 481.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 683.75 m 485.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 683.75 m 534.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 656.75 m 264.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 264.5 656.75 m 268.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 656.75 m 317.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 683.75 m 417.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 683.75 m 421.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 421.5 683.75 m 481.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 656.75 m 264.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 645.75 m 264.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 264.5 656.75 m 268.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 656.75 m 317.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 645.75 m 317.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 645.75 m 417.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 421.5 645.75 m 481.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 645.75 m 534.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 321.5 645.75 m 370.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 607.75 m 264.5 607.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 607.75 m 317.5 607.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 607.75 m 264.5 607.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 607.75 m 317.5 607.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 583.75 m 264.5 583.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 583.75 m 317.5 583.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 583.75 m 264.5 583.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 572.75 m 264.5 572.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 583.75 m 317.5 583.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 572.75 m 317.5 572.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 532.75 m 264.5 532.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 532.75 m 317.5 532.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 532.75 m 264.5 532.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 520.75 m 264.5 520.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 532.75 m 317.5 532.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 520.75 m 317.5 520.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 520.75 m 264.5 520.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 507.75 m 264.5 507.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 520.75 m 317.5 520.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 507.75 m 317.5 507.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 507.75 m 264.5 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 491.75 m 264.5 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 489.75 m 264.5 489.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 507.75 m 317.5 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 491.75 m 317.5 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 489.75 m 317.5 489.75 l s BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 687.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 219.00 687.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 324.00 687.98 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 389.50 687.98 Td (Components of Revenue Change*) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 660.98 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 226.90 668.98 Td (Three Months Ended) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.45 660.98 Td (December 31,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 326.15 665.98 Td (% Change) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 334.00 657.98 Td (GAAP) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 328.80 649.98 Td (Revenue) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 377.90 657.98 Td (Currency) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 382.60 649.98 Td (Impact) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 425.85 665.98 Td (Acquisitions/) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 426.95 657.98 Td (Dispositions ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 438.10 649.98 Td (Impact) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 488.60 657.98 Td (Underlying) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 492.80 649.98 Td (Revenue) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 648.43 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 243.20 648.43 Td (2013) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 296.20 648.43 Td (2012) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 635.98 Td (Risk and Insurance Services) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 219.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 271.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 324.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 414.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 478.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 531.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 623.43 Td (Marsh) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 219.00 623.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 241.25 623.48 Td (1,418) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 271.00 623.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 294.25 623.48 Td (1,363) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 358.40 623.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.85 623.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 623.43 Td (\(2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 623.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 623.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 623.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 522.40 623.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 623.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 611.43 Td (Guy Carpenter) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 247.95 611.43 Td (209) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 300.95 611.43 Td (198) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 358.40 611.43 Td (6) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.85 611.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 611.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 611.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 611.43 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 611.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 522.40 611.43 Td (6) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 611.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 599.43 Td ( Subtotal) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 241.25 599.48 Td (1,627) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 294.25 599.48 Td (1,561) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 358.40 599.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.85 599.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 599.43 Td (\(2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 599.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 599.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 599.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 522.40 599.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 599.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 587.43 Td (Fiduciary Interest Income) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 256.85 587.43 Td (6) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 309.85 587.43 Td (8) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 575.43 Td ( Total Risk and Insurance Services) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 241.25 575.48 Td (1,633) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 294.25 575.48 Td (1,569) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 358.40 575.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.85 575.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 575.43 Td (\(2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 575.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 575.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 575.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 522.40 575.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 575.43 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 560.98 Td (Consulting) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 314.00 560.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 548.43 Td (Mercer) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 241.25 548.48 Td (1,084) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 294.25 548.48 Td (1,061) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 358.40 548.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.85 548.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 548.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 548.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 465.80 548.43 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 522.40 548.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 548.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 536.43 Td (Oliver Wyman Group) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 247.95 536.43 Td (408) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 300.95 536.43 Td (378) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 358.40 536.43 Td (8) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.85 536.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 402.75 536.43 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 409.80 536.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 536.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 536.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 522.40 536.43 Td (5) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 536.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 524.43 Td ( Total Consulting) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 241.25 524.48 Td (1,492) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 294.25 524.48 Td (1,439) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 358.40 524.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.85 524.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 524.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 524.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 465.80 524.43 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 522.40 524.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 524.43 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 511.98 Td (Corporate / Eliminations) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 249.70 511.98 Td (\(10) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 261.30 511.98 Td (\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 307.15 512.03 Td (\(6) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 314.30 511.98 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 494.98 Td ( Total Revenue) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 219.00 494.98 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 241.25 495.03 Td (3,115) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 271.00 494.98 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 294.25 495.03 Td (3,002) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 358.40 494.98 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.85 494.98 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 494.98 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 494.98 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 494.98 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 494.98 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 522.40 494.98 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 494.98 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.50 468.45 Td (Revenue Details) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 67.50 448.05 Td (The following table provides more detailed revenue information for certain of the components presented above:) Tj ET Q 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 413.95000000000005 m 416.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 416.5 413.95000000000005 m 421.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 421.5 413.95000000000005 m 481.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 413.95000000000005 m 485.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 413.95000000000005 m 534.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 389.95000000000005 m 263.5 389.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 263.5 389.95000000000005 m 267.5 389.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 389.95000000000005 m 316.5 389.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 376.95000000000005 m 263.5 376.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 376.95000000000005 m 316.5 376.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 320.5 376.95000000000005 m 369.5 376.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 376.95000000000005 m 416.5 376.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 421.5 376.95000000000005 m 481.5 376.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 376.95000000000005 m 534.5 376.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 326.95000000000005 m 263.5 326.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 326.95000000000005 m 316.5 326.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 302.95000000000005 m 263.5 302.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 302.95000000000005 m 316.5 302.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 291.95000000000005 m 263.5 291.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 289.95000000000005 m 263.5 289.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 291.95000000000005 m 316.5 291.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 289.95000000000005 m 316.5 289.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 222.95000000000005 m 263.5 222.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 222.95000000000005 m 316.5 222.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 222.95000000000005 m 263.5 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 206.95000000000005 m 263.5 206.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 204.95000000000005 m 263.5 204.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 222.95000000000005 m 316.5 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 206.95000000000005 m 316.5 206.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 204.95000000000005 m 316.5 204.95000000000005 l s BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 418.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 218.00 418.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 323.00 418.18 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 389.00 418.18 Td (Components of Revenue Change*) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 394.18 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 225.90 402.18 Td (Three Months Ended) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 239.45 394.18 Td (December 31,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.15 397.18 Td (% Change) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 333.00 389.18 Td (GAAP) Tj ET Q q 0 0 0 rg BT 355.97 389.18 Td ( ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 327.80 381.18 Td (Revenue) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 376.90 389.18 Td (Currency) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 381.60 381.18 Td (Impact) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 425.85 397.18 Td (Acquisitions/) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 426.95 389.18 Td (Dispositions ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 438.10 381.18 Td (Impact) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 488.60 389.18 Td (Underlying) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 492.80 381.18 Td (Revenue) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 381.18 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 242.20 381.18 Td (2013) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 295.20 381.18 Td (2012) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 367.18 Td (Marsh:) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 218.00 367.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 367.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 323.00 367.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 376.00 367.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 424.00 367.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 488.00 367.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 354.63 Td (EMEA) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 218.00 354.63 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 354.63 Td (466) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 354.63 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 354.63 Td (452) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 354.63 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 354.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 398.15 354.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 463.20 354.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 354.63 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 354.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 342.63 Td (Asia Pacific) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 342.63 Td (163) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 342.63 Td (168) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 352.05 342.63 Td (\(3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 359.20 342.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 342.63 Td (\(7) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 342.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 463.20 342.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 342.63 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 342.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 330.63 Td (Latin America) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 330.63 Td (132) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 330.63 Td (111) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 350.30 330.63 Td (19) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 330.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 330.63 Td (\(8) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 330.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 462.30 330.63 Td (15) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 330.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 515.30 330.63 Td (13) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 330.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 318.63 Td ( Total International) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 318.63 Td (761) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 318.63 Td (731) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 318.63 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 318.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 318.63 Td (\(3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 318.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 318.63 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 318.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 318.63 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 318.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 306.63 Td (U.S. / Canada) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 306.63 Td (657) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 306.63 Td (632) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 306.63 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 306.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 306.63 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 306.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 306.63 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 306.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 306.63 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 306.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 294.63 Td ( Total Marsh) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 218.00 294.63 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.25 294.68 Td (1,418) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 294.63 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.25 294.68 Td (1,363) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 294.63 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 294.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 294.63 Td (\(2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 294.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 294.63 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 294.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 294.63 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 294.63 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 276.18 Td (Mercer:) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 313.00 276.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 263.63 Td (Health) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 218.00 263.63 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 263.63 Td (376) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 263.63 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 263.63 Td (354) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 263.63 Td (6) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 263.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 398.15 263.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 463.20 263.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 263.63 Td (6) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 263.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 251.63 Td (Retirement) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 251.63 Td (338) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 251.63 Td (352) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 352.05 251.63 Td (\(4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 359.20 251.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 398.15 251.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 464.05 251.63 Td (\(4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 471.20 251.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 516.20 251.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 251.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 239.18 Td (Talent) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 239.18 Td (171) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 239.18 Td (168) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 239.18 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 239.18 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 239.18 Td (\(2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 239.18 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 239.18 Td (7) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 239.18 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 517.05 239.18 Td (\(3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 524.20 239.18 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 226.63 Td (Investments) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 226.63 Td (199) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 226.63 Td (187) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 226.63 Td (6) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 226.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 226.63 Td (\(5) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 226.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 226.63 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 226.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 515.30 226.63 Td (10) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 226.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 210.18 Td ( Total Mercer) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 218.00 210.18 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.25 210.23 Td (1,084) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 210.18 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.25 210.23 Td (1,061) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 210.18 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 210.18 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 210.18 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 210.18 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 463.20 210.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 210.18 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 210.18 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.00 206.45 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 151.63 Td (Notes) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 136.18 Td (Underlying revenue measures the change in revenue using consistent currency exchange rates, excluding the impact of certain) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 128.18 Td (items such as:acquisitions, dispositions and transfers among businesses.) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 105.18 Td (* Components of revenue change may not add due to rounding.) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 303.20 28.75 Td (7) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.15 744.25 Td (Marsh & McLennan Companies, Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 204.00 732.25 Td (Supplemental Information - Revenue ) Tj ET Q q 0 0 0 rg BT 380.32 732.25 Td (Analysis) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 214.15 720.25 Td (T) Tj ET Q q 0 0 0 rg BT 219.52 720.25 Td (welve Months Ended December 31, 2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 265.20 708.25 Td (\(Millions\) \(Unaudited\)) Tj ET Q 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 683.75 m 417.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 417.5 683.75 m 421.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 421.5 683.75 m 481.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 683.75 m 485.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 683.75 m 534.5 683.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 656.75 m 264.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 264.5 656.75 m 268.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 656.75 m 317.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 656.75 m 264.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 645.75 m 264.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 264.5 656.75 m 268.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 656.75 m 317.5 656.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 645.75 m 317.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 645.75 m 534.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 321.5 645.75 m 370.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 645.75 m 417.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 421.5 645.75 m 481.5 645.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 607.75 m 264.5 607.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 607.75 m 317.5 607.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 607.75 m 264.5 607.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 607.75 m 317.5 607.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 583.75 m 264.5 583.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 583.75 m 317.5 583.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 583.75 m 264.5 583.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 572.75 m 264.5 572.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 583.75 m 317.5 583.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 572.75 m 317.5 572.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 532.75 m 264.5 532.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 532.75 m 317.5 532.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 532.75 m 264.5 532.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 520.75 m 264.5 520.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 532.75 m 317.5 532.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 520.75 m 317.5 520.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 520.75 m 264.5 520.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 507.75 m 264.5 507.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 520.75 m 317.5 520.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 507.75 m 317.5 507.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 216.5 507.75 m 264.5 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 491.75 m 264.5 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 489.75 m 264.5 489.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 268.5 507.75 m 317.5 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 491.75 m 317.5 491.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 489.75 m 317.5 489.75 l s BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 687.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 219.00 687.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 324.00 687.98 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 389.50 687.98 Td (Components of Revenue Change*) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 660.98 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 224.75 668.98 Td (Twelve Months Ended) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.45 660.98 Td (December 31,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 326.15 665.98 Td (% Change) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 334.00 657.98 Td (GAAP) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 328.80 649.98 Td (Revenue) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 377.90 657.98 Td (Currency) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 382.60 649.98 Td (Impact) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 425.85 665.98 Td (Acquisitions/) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 426.95 657.98 Td (Dispositions ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 438.10 649.98 Td (Impact) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 488.60 657.98 Td (Underlying) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 492.80 649.98 Td (Revenue) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 648.43 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 243.20 648.43 Td (2013) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 296.20 648.43 Td (2012) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 635.98 Td (Risk and Insurance Services) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 219.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 271.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 324.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 377.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 424.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 488.00 635.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 623.43 Td (Marsh) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 219.00 623.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.60 623.48 Td (5,438) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 271.00 623.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.60 623.48 Td (5,232) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 357.20 623.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.80 623.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 623.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 623.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 623.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 623.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 623.43 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 623.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 611.43 Td (Guy Carpenter) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.60 611.48 Td (1,131) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.60 611.48 Td (1,079) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 357.20 611.43 Td (5) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.80 611.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 611.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 611.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 611.43 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 611.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 611.43 Td (5) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 611.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 599.43 Td ( Subtotal) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.60 599.48 Td (6,569) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.60 599.48 Td (6,311) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 357.20 599.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.80 599.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 599.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 599.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 599.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 599.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 599.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 599.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 587.43 Td (Fiduciary Interest Income) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 251.75 587.48 Td (27) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 304.75 587.48 Td (39) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 575.43 Td ( Total Risk and Insurance Services) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.60 575.48 Td (6,596) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.60 575.48 Td (6,350) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 357.20 575.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.80 575.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 575.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 575.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 575.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 575.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 575.43 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 575.43 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 560.98 Td (Consulting) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 314.00 560.98 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 548.43 Td (Mercer) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.60 548.48 Td (4,241) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.60 548.48 Td (4,147) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 357.20 548.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.80 548.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 548.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 548.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 465.80 548.43 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 548.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 548.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 536.43 Td (Oliver Wyman Group) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.60 536.48 Td (1,460) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.60 536.48 Td (1,466) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 353.55 536.43 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 402.75 536.43 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 409.80 536.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 465.80 536.43 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 517.05 536.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 524.20 536.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 524.43 Td ( Total Consulting) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.60 524.48 Td (5,701) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.60 524.48 Td (5,613) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 357.20 524.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.80 524.43 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 524.43 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 524.43 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 465.80 524.43 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 524.43 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 524.43 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 511.98 Td (Corporate / Eliminations) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 249.00 511.98 Td (\(36) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 260.65 511.98 Td (\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 302.05 512.03 Td (\(39) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 313.65 511.98 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 494.98 Td ( Total Revenue) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 219.00 494.98 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 236.10 494.98 Td (12,261) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 271.00 494.98 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 289.15 495.03 Td (11,924) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 357.20 494.98 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 362.80 494.98 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 400.05 494.98 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.20 494.98 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 469.40 494.98 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 494.98 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 494.98 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 494.98 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.50 451.45 Td (Revenue Details) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 67.50 431.05 Td (The following table provides more detailed revenue information for certain of the components presented above:) Tj ET Q 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 396.95000000000005 m 416.5 396.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 416.5 396.95000000000005 m 421.5 396.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 421.5 396.95000000000005 m 481.5 396.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 396.95000000000005 m 485.5 396.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 396.95000000000005 m 534.5 396.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 372.95000000000005 m 263.5 372.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 263.5 372.95000000000005 m 267.5 372.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 372.95000000000005 m 316.5 372.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 359.95000000000005 m 263.5 359.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 359.95000000000005 m 316.5 359.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 320.5 359.95000000000005 m 369.5 359.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 359.95000000000005 m 416.5 359.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 421.5 359.95000000000005 m 481.5 359.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 485.5 359.95000000000005 m 534.5 359.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 309.95000000000005 m 263.5 309.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 309.95000000000005 m 316.5 309.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 285.95000000000005 m 263.5 285.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 285.95000000000005 m 316.5 285.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 274.95000000000005 m 263.5 274.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 272.95000000000005 m 263.5 272.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 274.95000000000005 m 316.5 274.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 272.95000000000005 m 316.5 272.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 205.95000000000005 m 263.5 205.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 205.95000000000005 m 316.5 205.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 215.5 205.95000000000005 m 263.5 205.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 193.95000000000005 m 263.5 193.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 191.95000000000005 m 263.5 191.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 205.95000000000005 m 316.5 205.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 193.95000000000005 m 316.5 193.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 191.95000000000005 m 316.5 191.95000000000005 l s BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 401.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 218.00 401.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 323.00 401.18 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 389.00 401.18 Td (Components of Revenue Change*) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 377.18 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 223.75 385.18 Td (Twelve Months Ended) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 239.45 377.18 Td (December 31,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.15 380.18 Td (% Change) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 333.00 372.18 Td (GAAP) Tj ET Q q 0 0 0 rg BT 355.97 372.18 Td ( ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 327.80 364.18 Td (Revenue) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 376.90 372.18 Td (Currency) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 381.60 364.18 Td (Impact) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 425.85 380.18 Td (Acquisitions/) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 426.95 372.18 Td (Dispositions ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 438.10 364.18 Td (Impact) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 488.60 372.18 Td (Underlying) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 492.80 364.18 Td (Revenue) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 364.18 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 242.20 364.18 Td (2013) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 295.20 364.18 Td (2012) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 350.18 Td (Marsh:) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 218.00 350.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 350.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 323.00 350.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 376.00 350.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 424.00 350.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 488.00 350.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 337.63 Td (EMEA) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 218.00 337.63 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.25 337.68 Td (1,902) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 337.63 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.25 337.68 Td (1,860) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 337.63 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 337.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 398.15 337.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 463.20 337.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 337.63 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 337.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 325.63 Td (Asia Pacific) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 325.63 Td (659) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 325.63 Td (656) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 351.20 325.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 325.63 Td (\(5) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 325.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 463.20 325.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 325.63 Td (5) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 325.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 313.63 Td (Latin America) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 313.63 Td (392) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 313.63 Td (353) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 350.30 313.63 Td (11) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 313.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 313.63 Td (\(9) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 313.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 313.63 Td (7) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 313.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 515.30 313.63 Td (13) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 313.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 301.63 Td ( Total International) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.25 301.68 Td (2,953) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.25 301.68 Td (2,869) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 301.63 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 301.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 301.63 Td (\(2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 301.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 301.63 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 301.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 301.63 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 301.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 289.63 Td (U.S. / Canada) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.25 289.68 Td (2,485) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.25 289.68 Td (2,363) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 289.63 Td (5) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 289.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 398.15 289.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 289.63 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 289.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 289.63 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 289.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 277.63 Td ( Total Marsh) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 218.00 277.63 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.25 277.68 Td (5,438) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 277.63 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.25 277.68 Td (5,232) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 277.63 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 277.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 277.63 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 277.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 277.63 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 277.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 277.63 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 277.63 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 66.00 259.18 Td (Mercer:) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 313.00 259.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 246.63 Td (Health) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 218.00 246.63 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.25 246.68 Td (1,511) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 246.63 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.25 246.68 Td (1,412) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 246.63 Td (7) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 246.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 398.15 246.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 246.63 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 246.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 246.63 Td (6) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 246.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 234.63 Td (Retirement) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.25 234.68 Td (1,344) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.25 234.68 Td (1,396) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 352.05 234.63 Td (\(4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 359.20 234.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 398.15 234.63 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 464.05 234.63 Td (\(4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 471.20 234.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 234.63 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 234.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 222.18 Td (Talent) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 222.18 Td (606) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 222.18 Td (604) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 351.20 222.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 222.18 Td (\(2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 222.18 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 222.18 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 222.18 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 517.05 222.18 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 524.20 222.18 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 209.63 Td (Investments) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 246.95 209.63 Td (780) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 299.95 209.63 Td (735) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 209.63 Td (6) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 209.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 209.63 Td (\(3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 209.63 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 466.75 209.63 Td (1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 473.85 209.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 209.63 Td (9) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 209.63 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 197.18 Td ( Total Mercer) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 218.00 197.18 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 240.25 197.23 Td (4,241) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 270.00 197.18 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 293.25 197.23 Td (4,147) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 354.75 197.18 Td (2) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 361.80 197.18 Td (%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.05 197.18 Td (\(1) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 406.20 197.18 Td (\)%) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 463.20 197.18 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 519.75 197.18 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.85 197.18 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.00 176.45 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 133.63 Td (Notes) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 118.18 Td (Underlying revenue measures the change in revenue using consistent currency exchange rates, excluding the impact of certain) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 110.18 Td (items such as:acquisitions, dispositions and transfers among businesses.) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 87.18 Td (* Components of revenue change may not add due to rounding.) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 303.20 28.75 Td (8) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.15 744.25 Td (Marsh & McLennan Companies, Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 262.55 732.25 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 314.03 732.25 Td ( Measures) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 230.75 720.25 Td (Three Months Ended December 31) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 265.20 708.25 Td (\(Millions\) \(Unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 537.25 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 677.43 Td (The Company presents below certain additional financial measures that are "non-GAAP) Tj ET Q q 0 0 0 rg BT 378.92 677.43 Td ( measures," within the meaning of Regulation ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 669.43 Td (G under the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 187.68 669.43 Td (Act of 1934. ) Tj ET Q q 0 0 0 rg BT 234.68 669.43 Td (These measures are: ) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 312.49 669.43 Td (adjusted operating income \(loss\); adjusted operating margin; ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 529.50 669.43 Td (and) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 542.85 669.43 Td ( ) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 68.50 661.43 Td (adjusted income, net of tax.) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 645.98 Td (The Company presents these non-GAAP measures to provide investors with additional information to analyze the Company's) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 637.98 Td (performance from period to period.Management also uses these measures to assess performance for incentive compensation) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 629.98 Td (purposes and to allocate resources in managing the Company's businesses.However, investors should not consider these non-GAAP) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 621.98 Td (measures in isolation from, or as a substitute for, the financial information that the Company reports in accordance with GAAP.The) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 613.98 Td (Company's non-GAAP measures reflect subjective determinations by management, and may differ from similarly titled non-GAAP) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 605.98 Td (measures presented by other companies.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 68.50 584.98 Td (Adjusted Operating Income \(Loss\) and Adjusted Operating Margin) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 68.50 572.43 Td (Adjusted operating income \(loss\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 185.00 572.43 Td ( is calculated by excluding the impact of certain noteworthy items from the Company's GAAP) Tj ET Q q 0 0 0 rg BT 512.76 572.43 Td ( ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 564.43 Td (operating income or loss.) Tj ET Q q 0 0 0 rg BT 162.18 564.43 Td (The following tables identify these noteworthy items and reconcile adjusted operating income \(loss\) to ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 556.43 Td (GAAP) Tj ET Q q 0 0 0 rg BT 90.59 556.43 Td ( operating income or \(loss\), on a consolidated and segment basis, for the three months ended December 31, 2013 and ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 548.43 Td (2012.) Tj ET Q q 0 0 0 rg BT 92.82 548.43 Td (The following tables also present ) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 211.55 548.43 Td (adjusted operating margin) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 304.06 548.43 Td (, which is calculated by dividing adjusted operating income by ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 540.43 Td (consolidated or segment GAAP) Tj ET Q q 0 0 0 rg BT 179.97 540.43 Td ( revenue.) Tj ET Q 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 63.5 478.75 m 273.5 478.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 492.75 m 343.5 492.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 492.75 m 413.5 492.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 492.75 m 483.5 492.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 492.75 m 552.5 492.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 464.75 m 343.5 464.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 464.75 m 413.5 464.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 464.75 m 483.5 464.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 464.75 m 552.5 464.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 408.75 m 343.5 408.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 394.75 m 343.5 394.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 408.75 m 413.5 408.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 394.75 m 413.5 394.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 408.75 m 483.5 408.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 394.75 m 483.5 394.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 408.75 m 552.5 408.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 394.75 m 552.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 381.75 m 343.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 379.75 m 343.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 381.75 m 413.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 379.75 m 413.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 381.75 m 483.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 379.75 m 483.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 381.75 m 552.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 379.75 m 552.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 367.75 m 343.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 365.75 m 343.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 367.75 m 413.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 365.75 m 413.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 379.75 m 483.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 381.75 m 483.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 367.75 m 483.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 365.75 m 483.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 367.75 m 552.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 365.75 m 552.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 353.75 m 343.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 351.75 m 343.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 353.75 m 413.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 351.75 m 413.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 365.75 m 483.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 367.75 m 483.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 353.75 m 483.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 351.75 m 483.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 353.75 m 552.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 351.75 m 552.5 351.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 63.5 322.75 m 273.5 322.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 308.75 m 343.5 308.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 308.75 m 413.5 308.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 308.75 m 483.5 308.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 308.75 m 552.5 308.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 252.75 m 343.5 252.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 238.75 m 343.5 238.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 252.75 m 413.5 252.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 238.75 m 413.5 238.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 252.75 m 483.5 252.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 238.75 m 483.5 238.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 252.75 m 552.5 252.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 238.75 m 552.5 238.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 238.75 m 343.5 238.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 225.75 m 343.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 223.75 m 343.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 225.75 m 413.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 223.75 m 413.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 225.75 m 483.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 223.75 m 483.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 225.75 m 552.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 223.75 m 552.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 211.75 m 343.5 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 209.75 m 343.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 211.75 m 413.5 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 209.75 m 413.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 211.75 m 483.5 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 209.75 m 483.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 211.75 m 552.5 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 209.75 m 552.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 197.75 m 343.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 195.75 m 343.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 197.75 m 413.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 195.75 m 413.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 197.75 m 483.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 195.75 m 483.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 197.75 m 552.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 195.75 m 552.5 195.75 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 66.00 497.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 297.45 515.15 Td (Risk &) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.20 506.15 Td (Insurance) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.95 497.15 Td (Services) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.00 497.15 Td (Consulting) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.70 506.15 Td (Corporate/) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.70 497.15 Td (Eliminations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.55 497.15 Td (Total) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 483.15 Td (Three Months Ended December 31, 2013) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 283.00 483.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 353.00 483.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 423.00 483.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 493.00 483.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 469.15 Td (Operating income \(loss\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 283.00 469.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 319.90 469.15 Td (310) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.00 469.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.90 469.15 Td (221) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 469.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.60 469.15 Td (\(42) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.65 469.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 493.00 469.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.90 469.15 Td (489) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 66.00 455.15 Td (Add \(Deduct\) impact of Noteworthy Items:) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 441.15 Td (Restructuring charges \(a\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 329.90 441.15 Td (2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.90 441.15 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.60 441.15 Td (2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.90 441.15 Td (5) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 427.15 Td (Adjustments to acquisition related accounts \(b\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 324.90 427.15 Td (15) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.90 427.15 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.65 427.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.90 427.15 Td (16) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 413.15 Td (Other) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 325.95 413.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.90 413.15 Td (\(1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.95 413.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.65 413.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.90 413.15 Td (\(1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 413.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 399.15 Td ( Operating income adjustments) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 324.90 399.15 Td (17) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.90 399.15 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.60 399.15 Td (2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.90 399.15 Td (20) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 385.15 Td (Adjusted operating income \(loss\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 283.00 385.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 319.90 385.15 Td (327) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.00 385.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.90 385.15 Td (222) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 385.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.60 385.15 Td (\(40) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.65 385.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 493.00 385.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.90 385.15 Td (509) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 371.15 Td (Operating margin) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.40 371.15 Td (18.9) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 334.95 371.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.40 371.15 Td (14.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.95 371.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.80 371.15 Td (N/A) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.40 371.15 Td (15.7) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 371.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 357.15 Td (Adjusted operating margin) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.40 357.15 Td (20.0) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 334.95 357.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.40 357.15 Td (14.9) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.95 357.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.80 357.15 Td (N/A) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.40 357.15 Td (16.3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 357.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 327.15 Td (Three Months Ended December 31, 2012) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 340.00 327.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 410.00 327.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 480.00 327.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 549.00 327.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 313.15 Td (Operating income \(loss\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 283.00 313.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 319.90 313.15 Td (310) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 353.00 313.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 389.90 313.15 Td (140) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 423.00 313.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 466.60 313.15 Td (\(44) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 479.65 313.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 493.00 313.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 528.90 313.15 Td (406) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 66.00 299.15 Td (Add \(Deduct\) impact of Noteworthy Items:) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 285.15 Td (Restructuring charges \(a\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 329.90 285.15 Td (2) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 394.90 285.15 Td (51) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 474.60 285.15 Td (4) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 533.90 285.15 Td (57) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 271.15 Td (Adjustments to acquisition related accounts \(b\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 321.90 271.15 Td (\(12) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 334.95 271.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 395.95 271.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 470.65 271.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 530.90 271.15 Td (\(12) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 543.95 271.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 257.15 Td (Other) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 325.95 257.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 395.95 257.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 471.60 257.15 Td (\(1) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 479.65 257.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 535.90 257.15 Td (\(1) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 543.95 257.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 243.15 Td ( Operating income adjustments) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 321.90 243.15 Td (\(10) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 334.95 243.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 394.90 243.15 Td (51) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 474.60 243.15 Td (3) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 533.90 243.15 Td (44) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 229.15 Td (Adjusted operating income \(loss\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 283.00 229.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 319.90 229.15 Td (300) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 353.00 229.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 389.90 229.15 Td (191) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 423.00 229.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 466.60 229.15 Td (\(41) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 479.65 229.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 493.00 229.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 528.90 229.15 Td (450) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 215.15 Td (Operating margin) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 317.40 215.15 Td (19.8) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 334.95 215.15 Td (%) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 392.40 215.15 Td (9.8) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 404.95 215.15 Td (%) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 465.45 215.15 Td (N/A) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 526.40 215.15 Td (13.5) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 543.95 215.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 201.15 Td (Adjusted operating margin) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 317.40 201.15 Td (19.2) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 334.95 201.15 Td (%) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 387.40 201.15 Td (13.3) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 404.95 201.15 Td (%) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 465.45 201.15 Td (N/A) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 526.40 201.15 Td (15.0) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 543.95 201.15 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.00 197.25 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 178.43 Td (\(a\) Primarily severance, future rent under non-cancellable leases, and integration costs related to cost reduction activities for recent) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 170.48 Td (acquisitions.) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 151.98 Td (\(b\) Primarily includes the change in fair value as measured each quarter of contingent consideration related to acquisitions.) Tj ET Q BT /F2 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 312.75 88.25 Td ( ) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 303.20 28.75 Td (9) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.15 744.25 Td (Marsh & McLennan Companies, Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 262.55 732.25 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 314.03 732.25 Td ( Measures) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 228.05 720.25 Td (T) Tj ET Q q 0 0 0 rg BT 233.42 720.25 Td (welve Months Ended December 31) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 265.20 708.25 Td (\(Millions\) \(Unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 537.25 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 677.43 Td (The Company presents below certain additional financial measures that are "non-GAAP) Tj ET Q q 0 0 0 rg BT 378.92 677.43 Td ( measures," within the meaning of Regulation G ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 669.43 Td (under the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 179.24 669.43 Td (Act of 1934. ) Tj ET Q q 0 0 0 rg BT 226.23 669.43 Td (These measures are: ) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 304.05 669.43 Td (adjusted operating income \(loss\); adjusted operating margin; ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 521.06 669.43 Td (and) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 534.41 669.43 Td ( ) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 68.50 661.43 Td (adjusted income, net of tax.) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 645.98 Td (The Company presents these non-GAAP measures to provide investors with additional information to analyze the Company's) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 637.98 Td (performance from period to period.Management also uses these measures to assess performance for incentive compensation) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 629.98 Td (purposes and to allocate resources in managing the Company's businesses.However, investors should not consider these non-GAAP) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 621.98 Td (measures in isolation from, or as a substitute for, the financial information that the Company reports in accordance with GAAP.The) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 613.98 Td (Company's non-GAAP measures reflect subjective determinations by management, and may differ from similarly titled non-GAAP) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 605.98 Td (measures presented by other companies.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 68.50 584.98 Td (Adjusted Operating Income \(Loss\) and Adjusted Operating Margin) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 68.50 572.43 Td (Adjusted operating income \(loss\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 185.00 572.43 Td ( is calculated by excluding the impact of certain noteworthy items from the Company's GAAP) Tj ET Q q 0 0 0 rg BT 512.76 572.43 Td ( operating ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 564.43 Td (income or loss.) Tj ET Q q 0 0 0 rg BT 126.60 564.43 Td (The following tables identify these noteworthy items and reconcile adjusted operating income \(loss\) to GAAP) Tj ET Q q 0 0 0 rg BT 510.21 564.43 Td ( operating ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 556.43 Td (income or \(loss\), on a consolidated and segment basis, for the twelve months ended December 31, 2013 and 2012.) Tj ET Q q 0 0 0 rg BT 481.49 556.43 Td (The following ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 548.43 Td (tables also present ) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 137.88 548.43 Td (adjusted operating margin) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 230.38 548.43 Td (, which is calculated by dividing adjusted operating income by consolidated or segment ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 68.50 540.43 Td (GAAP) Tj ET Q q 0 0 0 rg BT 90.59 540.43 Td ( revenue.) Tj ET Q 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 63.5 478.75 m 273.5 478.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 492.75 m 343.5 492.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 492.75 m 413.5 492.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 492.75 m 483.5 492.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 492.75 m 552.5 492.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 464.75 m 343.5 464.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 464.75 m 413.5 464.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 464.75 m 483.5 464.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 464.75 m 552.5 464.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 408.75 m 343.5 408.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 394.75 m 343.5 394.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 408.75 m 413.5 408.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 394.75 m 413.5 394.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 408.75 m 483.5 408.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 394.75 m 483.5 394.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 408.75 m 552.5 408.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 394.75 m 552.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 381.75 m 343.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 379.75 m 343.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 381.75 m 413.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 379.75 m 413.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 381.75 m 483.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 379.75 m 483.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 381.75 m 552.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 379.75 m 552.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 367.75 m 343.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 365.75 m 343.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 367.75 m 413.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 365.75 m 413.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 379.75 m 483.5 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 381.75 m 483.5 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 367.75 m 483.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 365.75 m 483.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 367.75 m 552.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 365.75 m 552.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 353.75 m 343.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 351.75 m 343.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 353.75 m 413.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 351.75 m 413.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 365.75 m 483.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 367.75 m 483.5 367.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 353.75 m 483.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 351.75 m 483.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 353.75 m 552.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 351.75 m 552.5 351.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 63.5 322.75 m 273.5 322.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 308.75 m 343.5 308.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 308.75 m 413.5 308.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 308.75 m 483.5 308.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 308.75 m 552.5 308.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 252.75 m 343.5 252.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 238.75 m 343.5 238.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 252.75 m 413.5 252.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 238.75 m 413.5 238.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 252.75 m 483.5 252.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 238.75 m 483.5 238.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 252.75 m 552.5 252.75 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 238.75 m 552.5 238.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 225.75 m 343.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 223.75 m 343.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 225.75 m 413.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 223.75 m 413.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 225.75 m 483.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 223.75 m 483.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 225.75 m 552.5 225.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 223.75 m 552.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 211.75 m 343.5 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 209.75 m 343.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 211.75 m 413.5 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 209.75 m 413.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 211.75 m 483.5 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 209.75 m 483.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 211.75 m 552.5 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 209.75 m 552.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 197.75 m 343.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 195.75 m 343.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 197.75 m 413.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 195.75 m 413.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 197.75 m 483.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 195.75 m 483.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 197.75 m 552.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 195.75 m 552.5 195.75 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 66.00 497.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 297.45 515.15 Td (Risk &) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.20 506.15 Td (Insurance) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.95 497.15 Td (Services) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.00 497.15 Td (Consulting) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.70 506.15 Td (Corporate/) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.70 497.15 Td (Eliminations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.55 497.15 Td (Total) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 483.15 Td (Twelve Months Ended December 31, 2013) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 283.00 483.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 353.00 483.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 423.00 483.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 493.00 483.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 469.15 Td (Operating income \(loss\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 283.00 469.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.40 469.15 Td (1,421) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.00 469.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.90 469.15 Td (845) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 469.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 461.60 469.15 Td (\(189) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.65 469.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 493.00 469.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 521.40 469.15 Td (2,077) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 66.00 455.15 Td (Add \(Deduct\) impact of Noteworthy Items:) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 441.15 Td (Restructuring charges \(a\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 329.90 441.15 Td (7) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.90 441.15 Td (2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.60 441.15 Td (13) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.90 441.15 Td (22) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 427.15 Td (Adjustments to acquisition related accounts \(b\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 324.90 427.15 Td (31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.90 427.15 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.65 427.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.90 427.15 Td (32) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 413.15 Td (Other) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.90 413.15 Td (\(1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 334.95 413.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.90 413.15 Td (\(1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.95 413.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 471.60 413.15 Td (\(1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.65 413.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.90 413.15 Td (\(3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 413.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 399.15 Td ( Operating income adjustments) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 324.90 399.15 Td (37) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.90 399.15 Td (2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.60 399.15 Td (12) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.90 399.15 Td (51) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 385.15 Td (Adjusted operating income \(loss\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 283.00 385.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.40 385.15 Td (1,458) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.00 385.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.90 385.15 Td (847) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 385.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 461.60 385.15 Td (\(177) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.65 385.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 493.00 385.15 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 521.40 385.15 Td (2,128) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 371.15 Td (Operating margin) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.40 371.15 Td (21.5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 334.95 371.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.40 371.15 Td (14.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.95 371.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.80 371.15 Td (N/A) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.40 371.15 Td (16.9) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 371.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 357.15 Td (Adjusted operating margin) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.40 357.15 Td (22.1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 334.95 357.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.40 357.15 Td (14.9) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.95 357.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.80 357.15 Td (N/A) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.40 357.15 Td (17.4) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 357.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 327.15 Td (Twelve Months Ended December 31, 2012) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 340.00 327.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 410.00 327.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 480.00 327.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 549.00 327.15 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 313.15 Td (Operating income \(loss\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 283.00 313.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 312.40 313.15 Td (1,334) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 353.00 313.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 389.90 313.15 Td (692) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 423.00 313.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 461.60 313.15 Td (\(197) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 479.65 313.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 493.00 313.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 521.40 313.15 Td (1,829) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 66.00 299.15 Td (Add \(Deduct\) impact of Noteworthy Items:) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 285.15 Td (Restructuring charges \(a\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 329.90 285.15 Td (8) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 394.90 285.15 Td (58) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 469.60 285.15 Td (12) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 533.90 285.15 Td (78) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 271.15 Td (Adjustments to acquisition related accounts \(b\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 321.90 271.15 Td (\(32) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 334.95 271.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 396.90 271.15 Td (\(3) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 404.95 271.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 470.65 271.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 530.90 271.15 Td (\(35) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 543.95 271.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 79.50 257.15 Td (Other) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 326.90 257.15 Td (\(2) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 334.95 257.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 395.95 257.15 Td () Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 471.60 257.15 Td (\(6) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 479.65 257.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 535.90 257.15 Td (\(8) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 543.95 257.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 243.15 Td ( Operating income adjustments) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 321.90 243.15 Td (\(26) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 334.95 243.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 394.90 243.15 Td (55) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 474.60 243.15 Td (6) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 533.90 243.15 Td (35) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 229.15 Td (Adjusted operating income \(loss\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 283.00 229.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 312.40 229.15 Td (1,308) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 353.00 229.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 389.90 229.15 Td (747) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 423.00 229.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 461.60 229.15 Td (\(191) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 479.65 229.15 Td (\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 493.00 229.15 Td ($) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 521.40 229.15 Td (1,864) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 215.15 Td (Operating margin) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 317.40 215.15 Td (21.0) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 334.95 215.15 Td (%) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 387.40 215.15 Td (12.3) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 404.95 215.15 Td (%) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 465.45 215.15 Td (N/A) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 526.40 215.15 Td (15.3) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 543.95 215.15 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 201.15 Td (Adjusted operating margin) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 317.40 201.15 Td (20.6) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 334.95 201.15 Td (%) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 387.40 201.15 Td (13.3) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 404.95 201.15 Td (%) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 465.45 201.15 Td (N/A) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 526.40 201.15 Td (15.6) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 543.95 201.15 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.00 197.25 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 178.43 Td (\(a\) Primarily severance, future rent under non-cancellable leases, and integration costs related to cost reduction activities for recent) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 170.48 Td (acquisitions.) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 66.00 151.98 Td (\(b\) Primarily includes the change in fair value as measured each quarter of contingent consideration related to acquisitions.) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.75 100.25 Td () Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 300.40 28.75 Td (10) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.15 744.25 Td (Marsh & McLennan Companies, Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 262.55 732.25 Td (Non-GAAP) Tj ET Q q 0 0 0 rg BT 314.03 732.25 Td ( Measures) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 202.80 720.25 Td (Three and T) Tj ET Q q 0 0 0 rg BT 258.73 720.25 Td (welve Months Ended December 31) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 265.20 708.25 Td (\(Millions\) \(Unaudited\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 83.25 677.43 Td (Adjusted income, net of tax) Tj ET Q BT /F6 8.00 Tf ET q 0 0 0 rg BT 83.25 659.98 Td (Adjusted income, net of tax) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 179.75 659.98 Td ( is calculated as: the Company's GAAP) Tj ET Q q 0 0 0 rg BT 318.53 659.98 Td ( income from continuing operations, adjusted to reflect the ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 83.25 651.98 Td (after-tax impact of the operating income adjustments set forth in the preceding table; divided by MMC's average number of ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 83.25 643.98 Td (shares outstanding-diluted for the period.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.75 589.75 m 289.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.75 589.75 m 293.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.75 589.75 m 340.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.75 589.75 m 344.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.75 589.75 m 392.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.75 589.75 m 443.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.75 589.75 m 447.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 589.75 m 494.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.75 589.75 m 498.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.75 589.75 m 545.75 589.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.75 571.75 m 289.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.75 571.75 m 293.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.75 571.75 m 340.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.75 571.75 m 392.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.75 571.75 m 443.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.75 571.75 m 447.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 571.75 m 494.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.75 571.75 m 545.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.75 571.75 m 340.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.75 571.75 m 392.75 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.75 549.75 m 340.75 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 549.75 m 494.75 549.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.75 507.75 m 289.75 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.75 507.75 m 443.75 507.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.75 496.75 m 392.75 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.75 496.75 m 545.75 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.75 496.75 m 340.75 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.75 486.75 m 340.75 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.75 484.75 m 340.75 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.75 486.75 m 392.75 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.75 484.75 m 392.75 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 496.75 m 494.75 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 486.75 m 494.75 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 484.75 m 494.75 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.75 486.75 m 545.75 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.75 484.75 m 545.75 484.75 l s BT /F3 8.00 Tf ET q 0 0 0 rg BT 81.25 621.43 Td (Reconciliation of the Impact of Non-GAAP Measures on diluted earnings per share -) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 250.55 601.98 Td (Three Months Ended December 31,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 308.35 593.98 Td (2013) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 407.15 601.98 Td (Three Months Ended December 31,) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 461.85 593.98 Td (2012) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 276.10 575.98 Td (Amount) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 354.65 581.43 Td (Diluted) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 360.20 573.48 Td (EPS) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 431.45 575.98 Td (Amount) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 509.25 581.43 Td (Diluted) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 513.70 573.48 Td (EPS) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.25 563.43 Td (Income from continuing operations) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 296.25 563.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 324.20 563.48 Td (307) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 450.25 563.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 478.20 563.48 Td (265) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.25 552.43 Td (Less: Non-controlling interest, net of tax) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 333.10 552.48 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 487.05 552.43 Td (4) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.25 541.43 Td ( Subtotal) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 296.25 541.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 324.20 541.48 Td (303) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 347.25 541.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.95 541.48 Td (0.54) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 450.25 541.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 478.20 541.48 Td (261) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 501.25 541.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.95 541.48 Td (0.47) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.25 522.98 Td (Operating income adjustments) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 245.25 522.98 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 277.60 522.98 Td (20) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 399.25 522.98 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 431.65 522.98 Td (44) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.25 510.43 Td (Impact of income taxes) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 279.35 510.43 Td (\(7) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 286.55 510.43 Td (\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 428.95 510.48 Td (\(17) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 440.55 510.43 Td (\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 158.25 499.43 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 328.65 499.48 Td (13) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.95 499.48 Td (0.03) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 482.65 499.43 Td (27) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.95 499.48 Td (0.05) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.25 488.43 Td ( Adjusted income, net of tax) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 296.25 488.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 324.20 488.48 Td (316) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 347.25 488.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.95 488.48 Td (0.57) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 450.25 488.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 478.20 488.48 Td (288) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 501.25 488.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.95 488.48 Td (0.52) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 547.25 453.25 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.25 411.75 m 290.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.25 411.75 m 294.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.25 411.75 m 341.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.25 411.75 m 345.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.25 411.75 m 392.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.25 411.75 m 443.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.25 411.75 m 447.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.25 411.75 m 494.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.25 411.75 m 498.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.25 411.75 m 545.25 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.25 392.75 m 290.25 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.25 392.75 m 294.25 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.25 392.75 m 341.25 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.25 392.75 m 392.25 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.25 392.75 m 443.25 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.25 392.75 m 447.25 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.25 392.75 m 494.25 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.25 392.75 m 545.25 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.25 392.75 m 341.25 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.25 370.75 m 341.25 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.25 370.75 m 494.25 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.25 328.75 m 290.25 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.25 328.75 m 443.25 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.25 317.75 m 341.25 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.25 317.75 m 392.25 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.25 317.75 m 545.25 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.25 317.75 m 341.25 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.25 307.75 m 341.25 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.25 305.75 m 341.25 305.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.25 307.75 m 392.25 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.25 305.75 m 392.25 305.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.25 317.75 m 494.25 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.25 307.75 m 494.25 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.25 305.75 m 494.25 305.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.25 307.75 m 545.25 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.25 305.75 m 545.25 305.75 l s BT /F3 8.00 Tf ET q 0 0 0 rg BT 248.40 422.43 Td (Twelve Months Ended December 31,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 308.35 414.43 Td (2013) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 404.65 422.43 Td (Twelve Months Ended December 31,) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 461.35 414.43 Td (2012) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 276.60 396.98 Td (Amount) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 354.65 403.43 Td (Diluted) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 360.20 395.43 Td (EPS) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 430.95 396.98 Td (Amount) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 508.75 403.43 Td (Diluted) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 513.20 395.43 Td (EPS) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.75 384.43 Td (Income from continuing operations) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 296.75 384.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 318.00 384.48 Td (1,379) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 449.75 384.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 471.00 384.48 Td (1,204) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.75 373.43 Td (Less: Non-controlling interest, net of tax) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 329.15 373.48 Td (28) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 482.15 373.43 Td (25) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.75 362.43 Td ( Subtotal) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 296.75 362.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 318.00 362.48 Td (1,351) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 347.75 362.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.45 362.48 Td (2.42) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 449.75 362.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 471.00 362.48 Td (1,179) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 500.75 362.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.45 362.48 Td (2.13) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.75 343.98 Td (Operating income adjustments) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 245.75 343.98 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 278.10 343.98 Td (51) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 398.75 343.98 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 431.15 343.98 Td (35) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.75 331.43 Td (Impact of income taxes) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 275.45 331.43 Td (\(18) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 287.05 331.43 Td (\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 428.45 331.48 Td (\(24) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 440.05 331.43 Td (\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 158.75 320.43 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 329.15 320.48 Td (33) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.45 320.48 Td (0.06) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 482.15 320.43 Td (11) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.45 320.48 Td (0.02) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 81.75 309.43 Td ( Adjusted income, net of tax) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 296.75 309.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 318.00 309.48 Td (1,384) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 347.75 309.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.45 309.48 Td (2.48) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 449.75 309.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 471.00 309.48 Td (1,190) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 500.75 309.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 526.45 309.48 Td (2.15) Tj ET Q BT /F2 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.15 215.25 Td (Marsh & McLennan Companies, Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 251.05 203.25 Td (Supplemental Information) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 269.70 191.25 Td (\(Millions\) \(Unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 364.73 191.25 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.25 150.75 m 368.25 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.25 150.75 m 372.25 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.25 150.75 m 417.25 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 150.75 m 466.25 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.25 150.75 m 473.25 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 150.75 m 519.25 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.25 140.75 m 368.25 140.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.25 140.75 m 417.25 140.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 150.75 m 466.25 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 140.75 m 466.25 140.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.25 150.75 m 473.25 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 150.75 m 519.25 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 140.75 m 519.25 140.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 140.75 m 466.25 140.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 140.75 m 519.25 140.75 l s BT /F4 8.00 Tf ET q 0 0 0 rg BT 213.25 154.98 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 330.15 160.43 Td (Three Months Ended) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 343.70 152.48 Td (December 31,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 428.00 160.43 Td (Twelve Months Ended) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 443.70 152.48 Td (December 31,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 346.95 142.48 Td (2013) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 395.95 142.48 Td (2012) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 444.95 142.48 Td (2013) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 497.95 142.48 Td (2012) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 110.75 132.43 Td (Depreciation and amortization expense) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.75 132.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 356.15 132.48 Td (73) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 374.75 132.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 405.15 132.43 Td (76) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 423.75 132.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 449.70 132.48 Td (286) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 475.75 132.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 502.70 132.48 Td (277) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 110.75 121.43 Td (Identified intangible amortization expense) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.75 121.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 356.15 121.48 Td (19) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 374.75 121.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 405.15 121.43 Td (19) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 423.75 121.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 454.15 121.43 Td (72) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 475.75 121.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 507.15 121.43 Td (72) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 110.75 110.43 Td (Stock option expense) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.75 110.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 360.60 110.48 Td (3) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 374.75 110.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 409.55 110.43 Td (3) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 423.75 110.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 454.15 110.43 Td (18) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 475.75 110.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 507.15 110.43 Td (26) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 110.75 99.43 Td (Capital expenditures) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 325.75 99.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 351.70 99.48 Td (113) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 374.75 99.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 405.15 99.43 Td (71) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 423.75 99.43 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 449.70 99.48 Td (401) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 475.75 99.43 Td ($) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 502.70 99.48 Td (320) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 85.25 Td () Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 300.80 33.25 Td (1) Tj ET Q q 0 0 0 rg BT 305.62 33.25 Td (1) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 228.65 739.75 Td (Marsh & McLennan Companies, Inc.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 242.70 727.75 Td (Consolidated Balance Sheets) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 265.20 715.75 Td (\(Millions\) \(Unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 703.75 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 691.75 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 679.75 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 635.25 m 433.5 635.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 635.25 m 521.5 635.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 551.25 m 433.5 551.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 551.25 m 521.5 551.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 453.25 m 433.5 453.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 453.25 m 521.5 453.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 453.25 m 433.5 453.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 440.25 m 433.5 440.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 438.25 m 433.5 438.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 453.25 m 521.5 453.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 440.25 m 521.5 440.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 438.25 m 521.5 438.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 327.25 m 433.5 327.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 327.25 m 521.5 327.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 271.25 m 433.5 271.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 271.25 m 521.5 271.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 173.25 m 433.5 173.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 173.25 m 521.5 173.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 173.25 m 433.5 173.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 160.25 m 433.5 160.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 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10.00 Tf ET q 0 0 0 rg BT 351.00 583.47 Td ($) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 404.60 583.47 Td (2,303) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 440.00 583.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 492.60 583.47 Td (2,301) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 569.47 Td (Net receivables) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 404.60 569.47 Td (3,259) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 492.60 569.47 Td (3,058) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 555.47 Td (Other current assets) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 412.95 555.47 Td (687) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 500.95 555.47 Td (604) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 541.47 Td (Total current assets) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 404.60 541.47 Td (6,249) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 492.60 541.47 Td (5,963) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 513.47 Td (Goodwill and intangible assets) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 404.60 513.47 Td (7,365) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 492.60 513.47 Td (7,261) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 499.47 Td (Fixed assets, net) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 412.95 499.47 Td (828) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 500.95 499.47 Td (809) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 485.47 Td (Pension related assets) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 412.95 485.47 Td (979) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 500.95 485.47 Td (260) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 471.47 Td (Deferred tax assets) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 412.95 471.47 Td (626) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 492.60 471.47 Td (1,223) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 66.00 457.47 Td (Other assets) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 412.95 457.47 Td (881) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 500.95 457.47 Td (772) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 66.00 443.47 Td ( TOTAL ASSETS) Tj ET Q BT 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