/C O R R E C T I O N -- Kelly Services, Inc./
25 Janvier 2006 - 5:31PM
PR Newswire (US)
In the news release, Kelly Services (NASDAQ:KELYANASDAQ:KELYB)
Reports Record Revenue and 85% Net Earnings Growth for the Full
Year of 2005, issued earlier today by Kelly Services, Inc. over PR
Newswire, the chart "RECONCILIATION OF CONSTANT CURRENCY REVENUE
FROM SERVICES TO REPORTED REVENUE FROM SERVICES ADJUSTED FOR THE
53rd WEEK IN 2004 (UNAUDITED)" was incorrectly transmitted by PR
Newswire with the numbers in the last two sections misaligned.
Complete, corrected chart follows: KELLY SERVICES, INC.
RECONCILIATION OF CONSTANT CURRENCY REVENUE FROM SERVICES TO
REPORTED REVENUE FROM SERVICES ADJUSTED FOR THE 53rd WEEK IN 2004
(UNAUDITED) (In thousands of dollars) Revenue from Services 2005
2004 Reported Reported Less: 14th Revenue Revenue Week 13 Weeks 14
Weeks Revenue U.S. Commercial Staffing $649,709 $623,025 $29,936
PTSA 290,160 277,318 13,552 International - constant currency
462,079 455,579 18,242 Revenue from services - constant currency
1,401,948 1,355,922 61,730 Foreign currency impact (18,006) Revenue
from services $1,383,942 $1,355,922 $61,730 Revenue from Services
2004 Adjusted Revenue 13 Weeks Change % Change U.S. Commercial
Staffing $593,089 $56,620 9.5% PTSA 263,766 26,394 10.0
International - constant currency 437,337 24,742 5.7 Revenue from
services - constant currency 1,294,192 107,756 8.3 Foreign currency
impact (18,006) Revenue from services $1,294,192 $89,750 6.9%
Revenue from Services 2005 2004 Reported Reported Less: 53rd
Revenue Revenue Week 52 Weeks 53 Weeks Revenue U.S. Commercial
Staffing $2,436,972 $2,327,592 $29,936 PTSA 1,128,435 1,033,745
13,552 International - constant currency 1,702,132 1,622,714 18,242
Revenue from services - constant currency 5,267,539 4,984,051
61,730 Foreign currency impact 22,286 Revenue from services
$5,289,825 $4,984,051 $61,730 Revenue from Services 2004 Adjusted
Revenue 52 Weeks Change % Change U.S. Commercial Staffing
$2,297,656 $139,316 6.1% PTSA 1,020,193 108,242 10.6 International
- constant currency 1,604,472 97,660 6.1 Revenue from services -
constant currency 4,922,321 345,218 7.0 Foreign currency impact
22,286 Revenue from services $4,922,321 $367,504 7.5% Information
on the 14th week of the 2004 fourth quarter and 53rd week of the
2004 fiscal year is provided to allow investors to separate the
impact of this extra week on reported results, in comparison to
2005 reported results. Information on constant currencies is
provided to allow investors to separate the impact of foreign
currency translations on reported results. Constant currency
results are calculated by translating the current year results at
prior year average exchange rates. Management believes these
measurements are an important analytical tool to aid in
understanding underlying operating trends without distortion due to
the extra week included in the 2004 fiscal year and currency
fluctuations. PRNewswire -- Jan. 25 First Call Analyst: FCMN
Contact: http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO
DATASOURCE: Kelly Services, Inc. Web site:
http://www.kellyservices.com/
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