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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 Click here to access the EDGAR data base that includes other SEC documents filed by Marsh & McLennan Companies |
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