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2007 Annual Report
As disclosed in the Quarterly Report on Form 10-Q for the quarter ended
June 30, 2008 filed by MMC on August 8, 2008, performance measurements
for segment revenue and segment operating income used by MMC’s chief
operating decision maker to evaluate performance and for the allocation
of resources were changed, so that investment gains and losses derived
from investments strategically linked to MMC’s operating companies are
no longer included. The presentation of segment revenue and segment
operating income was conformed accordingly. The amounts are now
reflected as “Investment income (loss),” which is presented outside of
MMC’s operating income. In addition, the related cash flows received
from or paid for certain investments have been similarly changed in the
consolidated statements of cash flows. In order to reflect this change,
MMC also filed a Current Report on Form 8-K dated September 5, 2008
amending the following sections of MMC's Annual Report on Form 10-K for
the year ended December 31, 2007 (the "2007 10-K"): selected financial
data (Item 6 of the 2007 10-K); management's discussion and analysis of
financial condition and results of operations (Item 7 of the 2007 10-K);
and financial statements and supplementary data (Item 8 of the 2007
10-K).
Click here to download Form 8-K, September 5, 2008 (PDF)
2006 Annual Report
During the first quarter of 2007, MMC entered into an agreement with
Great-West Lifeco Inc, pursuant to which Great-West agreed to purchase
MMC's subsidiary Putnam Investments Trust. Accordingly, as indicated in
MMC's Quarterly Report on Form 10-Q for the quarter ended March 31, 2007,
MMC classified Putnam as a discontinued operation in the first quarter of
2007. In order to reflect this classification on a full-year comparative
basis, MMC also filed a Current Report on Form 8-K, dated June 11, 2007,
amending the following sections of MMC's Annual Report on Form 10-K for the
year ended December 31, 2006 (the "2006 10-K"): selected financial data
(Item 6 of the 2006 10-K); management's discussion and analysis of
financial condition and results of operations (Item 7 of the 2006 10-K);
and the segment data and related disclosures contained in MMC's audited
consolidated financial statements at December 31, 2006 and 2005 and for
each of the three years in the period ended December 31, 2006 (Item 8 of
the 2006 10-K).
Click here to download Form 8-K, June 11, 2007 (PDF)
Click here to download Form 10-K, December 31, 2006 (PDF)
2005 Annual Report
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