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Financial Highlights
  At or for the year ended December 31,
 
(in millions, except per share amounts) 2006 2005 Change
Net Revenues $1,457.6 $ 1,204.7 + 21%
Operating Income 348.7 268.4 + 30%
Net Earnings 205.8 157.4 + 31%
Earnings Per Share (diluted) 1 1.42 1.16 + 22%
Book Value Per Share 1 2 13.23 11.07 + 20%
Stockholders' Equity 2 1,581.1 1,286.9 + 23%
Closing Stock Price 1 26.82 22.49 + 19%
Equity Market Capitalization 3 4,039.1 3,102.7 + 30%


Diversified Net Revenues

2006 – $1,458 million 2000 – $617 million











  Net Revenues
(in millions)




  Net Earnings
(in millions)




  Equity Market Capitalization
(in billions, fully diluted)




  Stockholders' Equity
(in millions)




  Earnings Per Share
(diluted and adjusted for stock splits)



  Cash Dividends
Per Common Share

(in billions, fully diluted)




  Closing Stock Price
(adjusted for stock splits)



 
Credit Ratings


Moody's Investment Services   Baa1
Standard & Poor's BBB+
Fitch Ratings BBB+


1. All per share information has been restated to retroactively reflect the effect of the 2-for-1 stock split declared by the Board of Directors on April 18, 2006 and effected as a stock dividend on May 15, 2006. 2. Almost 85 percent of book value is tangible. 3. Fully diluted. 4. Includes commissions and principal transaction revenues. 5. includes net interest and other revenues.


Jefferies Group, Inc.    2006 Annual Report    Growth is Our Mission      copyright 2006