Investor Presentation Q3 2023
U.S. GAAP Reconciliation to Adjusted Results (Unaudited)
Operating Income & Net Income
Operating Income - U.S. GAAP
Income from Equity Method Investments (1)
Interest Expense on Debt (2)
Gain on Sale of Interests in ABS (3)
Gain on Redemption of G5 Debt Security (4)
Mexico Transition - Net Loss on Sale of ECB Businesses (5)
Mexico Transition - Release of Foreign Exchange Losses (6)
Gain on Sale of Institutional Trust and Independent Fiduciary Business of ETC (7)
Foreign Exchange Losses from G5 Transaction (8)
Intangible Asset Amortization / Other Purchase Accounting-related Amortization (9)
Adjustment to Tax Receivable Agreement Liability (10)
Amortization of LP Units / Interests and Certain Other Awards (11)
Special Charges, Including Business Realignment Costs (12)
Acquisition and Transition Costs (13)
Fair Value of Contingent Consideration (14)
Operating Income - Adjusted
Net Income Attributable to Evercore Inc. - U.S. GAAP
Gain on Sale of Interests in ABS (3)
Gain on Redemption of G5 Debt Security (4)
Mexico Transition - Net Loss on Sale of ECB Businesses (5)
Mexico Transition - Release of Foreign Exchange Losses (6)
(dollars in thousands)
LTM
Twelve Months Ended December 31,
Q3 2023
S
2022
2021
2020
451,543
S
5,860
16,690
696,042
7,999
$ 1,102,438
$ 526,433
S
2019
437,711 $
2018
14,161
14,398
10,996
16,850
17,586
18,197
12,917
542,077
9,294
9,201
$
2017
428,811
8,838
9,960
(1,294)
(4,374)
3,441
27,365
(7,808)
16,266
1,183
7,528
8,628
9,411
(77,535)
1,067
18,183
15,241
11,444
5,515
3,126
8,554
7
46,645
10,141
5,012
25,437
562
1,013
S
479,608
S 722,723
$ 1,138,372
$ 639,291
S
498,489
S
21
1,485
590,959
1,673
$ 426,497
S 313,170
S
476,520
(1,294)
S 740,116
$ 350,574
S
297,436 S
377,240 S 125,454
(4,374)
3,441
27,365
Gain on Sale of Institutional Trust and Independent Fiduciary Business of ETC (7)
Foreign Exchange Losses from G5 Transaction (8)
(7,808)
16,266
Intangible Asset Amortization / Other Purchase Accounting-related Amortization (9)
Adjustment to Tax Receivable Agreement Liability and Income Taxes, Net (10)
Amortization of LP Units / Interests and Certain Other Awards (11)
(5,028)
(108)
(18,602)
Special Charges, Including Business Realignment Costs (12)
Acquisition and Transition Costs (13)
Fair Value of Contingent Consideration (14)
Noncontrolling Interest (15)
Net Income Attributable to Evercore Inc. - Adjusted
5,515
3,126
8,554
7
1,183
(29,731)
1,067
46,645
7,528
(13,727)
18,183
8,628
9,411
(12,368)
50,529
15,241
11,444
10,141
5,012
25,437
562
1,013
21
1,673
1,485
S
27,870
341,527
50,502
117.484
S 528,746 S 843,185
58,489
$ 459,595
52,726
S 373,300
58,698
43,965
S
453,957
S 276,371
EVERCORE
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