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SEC Filings

S-1/A
JONES LANG LASALLE INC filed this Form S-1/A on 07/11/1997
Entire Document
 
<PAGE>
 
 
                             SUMMARY FINANCIAL DATA
 
  The information set forth below should be read in conjunction with "Pro Forma
Consolidated Financial Statements," "Management's Discussion and Analysis of
Financial Condition and Results of Operations" and the Predecessor
Partnerships' Combined Financial Statements and notes thereto, all included
elsewhere herein.
 

<TABLE>
<CAPTION>
                                          YEAR ENDED DECEMBER 31,
                   ---------------------------------------------------------------------------
                                                                                      1996
                                                                                  PRO FORMA AS
                      1992        1993        1994         1995         1996      ADJUSTED (1)
                   ----------  ----------  -----------  -----------  -----------  ------------
                                                       (IN THOUSANDS, EXCEPT SHARE DATA)
<S>                <C>         <C>         <C>          <C>          <C>          <C>
STATEMENT OF
 OPERATIONS DATA:
Total revenue....  $  103,334  $  104,049  $   126,918  $   151,827  $   175,967  $   207,559
Total operating
 expenses........      84,722      87,036      108,903      131,711      149,066      177,382
                   ----------  ----------  -----------  -----------  -----------  -----------
Operating income
 (loss)..........      18,612      17,013       18,015       20,116       26,901       30,177
Interest expense.       5,590       5,257        5,159        3,806        5,730        1,075
Earnings (loss)
 before provision
 for income
 taxes...........      13,022      11,756       12,856       16,310       21,171       29,102
Net provision
 (benefit) for
 income taxes....         355         300          554          505        1,207       11,204
                   ----------  ----------  -----------  -----------  -----------  -----------
Net earnings
 (loss)..........  $   12,667  $   11,456  $    12,302  $    15,805  $    19,964  $    17,898
                   ==========  ==========  ===========  ===========  ===========  ===========
Pro forma:
 Supplemental
  primary and
  fully diluted
  earnings (loss)
  per share(2)...                                                                       $1.13
                                                                                  ===========
OTHER DATA:
EBITDA(3)........  $   21,034  $   19,544  $    20,866  $    24,356  $    32,317  $    37,624
Cash flows
 provided by
 (used in)
 operating
 activities......      14,675       4,837       24,628       13,553       13,964       13,646
Cash flows
 provided by
 (used in)
 investing
 activities......      (1,727)     (2,738)      (4,885)      (5,706)     (32,478)     (31,852)
Cash flows
 provided by
 (used in)
 financing
 activities......     (19,000)     (6,758)     (12,028)     (12,365)      17,189       19,195
Investments under
 management(4)...  $6,500,000  $7,000,000  $10,700,000  $11,500,000  $15,200,000  $15,200,000
Total square
 feet-facility
 management(5)...       2,400      50,600       50,600       67,600       68,600       81,600
Total square feet
 under
 management(6)...      47,000      98,300      102,400      125,700      131,600      202,900
<CAPTION>
                       THREE MONTHS ENDED MARCH 31,
                   ---------------------------------------
                                                 1997
                                             PRO FORMA AS
                      1996         1997      ADJUSTED (1)
                   ------------ ------------ -------------
<S>                <C>          <C>          <C>
STATEMENT OF
 OPERATIONS DATA:
Total revenue....  $    27,285  $    36,019  $    43,384
Total operating
 expenses........       32,490       39,291       46,269
                   ------------ ------------ -------------
Operating income
 (loss)..........       (5,205)      (3,272)      (2,885)
Interest expense.          937        1,695          265
Earnings (loss)
 before provision
 for income
 taxes...........       (6,142)      (4,967)      (3,150)
Net provision
 (benefit) for
 income taxes....         (350)        (248)      (1,213)
                   ------------ ------------ -------------
Net earnings
 (loss)..........  $    (5,792) $    (4,719) $    (1,937)
                   ============ ============ =============
Pro forma:
 Supplemental
  primary and
  fully diluted
  earnings (loss)
  per share(2)...                                 $(0.12)
                                             =============
OTHER DATA:
EBITDA(3)........  $    (4,094) $    (1,498) $      (599)
Cash flows
 provided by
 (used in)
 operating
 activities......      (12,721)      (4,678)      (7,892)
Cash flows
 provided by
 (used in)
 investing
 activities......       (5,967)      (2,038)      (2,185)
Cash flows
 provided by
 (used in)
 financing
 activities......       14,921        7,705        7,573
Investments under
 management(4)...  $11,500,000  $15,100,000  $15,100,000
Total square
 feet-facility
 management(5)...       67,600       69,100       82,100
Total square feet
 under
 management(6)...      130,200      132,700      204,000
</TABLE>

 

<TABLE>
<CAPTION>
                                                             MARCH 31, 1997
                                                         -----------------------
                                                                    PRO FORMA
                                                          ACTUAL  AS ADJUSTED(7)
                                                         -------- --------------
                                                             (IN THOUSANDS)
<S>                                                      <C>      <C>
BALANCE SHEET DATA:
Cash and cash equivalents............................... $  8,094    $ 14,994
Total assets............................................  124,075     166,411
Long-term debt(8).......................................   57,083         --
Total liabilities.......................................  109,425      50,575
Partners' capital/stockholders' equity..................   14,650     115,836
</TABLE>

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(Footnotes on following page)
 
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