Summary
Marsh & McLennan Companies, Inc. (MMC) filed a Current Report on Form 8-K/A on June 6, 2019, to provide supplemental unaudited financial information regarding its acquisition of Jardine Lloyd Thompson Group plc (JLT). This filing specifically aims to offer investors a clearer understanding of JLT's 2018 performance on a quarterly basis, presented under both U.S. GAAP and MMC's accounting policies. This supplemental data also includes non-GAAP noteworthy adjustments to align with MMC's typical reporting, facilitating comparability with the company's own quarterly earnings releases. It is important for investors to note that this supplemental information is for illustrative purposes and does not constitute a restatement of previously filed financial statements or pro forma information. The data presented does not include pro forma adjustments, nor does it reflect the impact of divestitures or purchase accounting. Investors should refer to the official SEC filings, including the full Form 8-K/A, for a comprehensive view of the acquisition and its financial implications. The primary purpose of this filing is to enhance transparency by providing a more detailed, quarterly breakdown of JLT's historical financials.
Key Highlights
- 1MMC filed supplemental unaudited financial information on JLT for 2018.
- 2The information provides quarterly revenue, expense, and operating income for JLT.
- 3JLT's 2018 data is presented under both U.S. GAAP and MMC accounting policies.
- 4Non-GAAP noteworthy adjustments are included for comparability with MMC's earnings releases.
- 5The supplemental data is for illustrative purposes and does not include pro forma adjustments.
- 6The filing clarifies that this information is furnished, not deemed 'filed' for liability purposes under Section 18/11.
- 7Exhibit 99.1 contains the Supplemental Financial Schedules.