UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

(Mark One)



x	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~March~~September 3130, 2013

- OR -



¨	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission file numbers:

TransUnion Holding Company, Inc. 333-182948

TransUnion Corp. 333-172549

TRANSUNION HOLDING COMPANY, INC.

TRANSUNION CORP.

(Exact name of ~~registrants~~registrant as specified in ~~their charters)~~its charter)

Delaware		61-1678417
Delaware		74-3135689
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification Number)
(State or other jurisdiction ofincorporation or organization)		(I.R.S. EmployerIdentification Number)
555 West Adams, Chicago, IL		60661
(Address of principal executive offices)		(Zip Code)

312-985-2000



555 West Adams, Chicago, IL		60661
(Address of principal executive offices)		(Zip code)

~~(Registrants’ telephone number, including area code)~~ 312-985-2000

~~Indicate by check mark whether the registrant~~ (~~1) has~~Registrants’ ~~filed~~telephone all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports)number, ~~and~~ ~~(2) has~~including ~~been~~area ~~subject to such filing requirements for the past 90 days.~~ code)

~~TransUnion~~Indicate ~~Holding~~by ~~Company~~check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), ~~Inc.~~and ~~Yes~~(2) has ¨been Nosubject xto ~~TransUnion~~such ~~Corp.~~filing ~~Yes~~requirements ¨for Nothe xpast 90 days.

~~(Note:~~TransUnion AsHolding ~~voluntary filers not subject to the filing requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934~~Company, ~~the~~Inc. ~~registrants~~Yes ~~have~~x ~~filed~~No ~~all~~¨ ~~reports~~TransUnion ~~required~~Corp. toYes be¨ ~~filed~~No by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that such registrant would have been required to file such reports) as if it were subject to such filing requirements). x

~~Indicate~~(Note: byTransUnion ~~check~~Corp.'s ~~mark~~obligation ~~whether~~to file periodic reports pursuant to Section 15(d) of the ~~registrant~~Securities ~~has~~Exchange ~~submitted electronically~~Act ~~and~~of ~~posted~~1934 resumed on September 26, 2013, the effective date of its ~~corporate~~Registration ~~Web~~Statement ~~site,~~on ifForm ~~any,~~S-1 ~~every~~filed ~~Interactive~~on ~~Data~~September ~~File~~18, ~~required~~2013. toTransUnion beCorp. has ~~submitted~~filed ~~and~~all ~~posted~~reports ~~pursuant~~required to ~~Rule~~be ~~405~~filed ofby ~~Regulation~~Section 13 ~~S-T~~or 15(~~§232.405~~d) of ~~this~~the ~~chapter)~~Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that ~~the~~such registrant ~~was~~would have been required to ~~submit~~file ~~and post~~ such ~~files~~reports). as a “voluntary filer” in compliance with the agreements governing its senior indebtedness.)

~~TransUnion~~Indicate ~~Holding~~by ~~Company~~check mark whether the registrant has submitted electronically and posted on its corporate Web site, ~~Inc.~~if ~~Yes~~any, xevery NoInteractive ¨Data ~~TransUnion~~File ~~Corp~~required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 ~~Yes~~of xthis Nochapter) ¨during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

~~Indicate~~TransUnion byHolding ~~check mark whether the registrant is a large accelerated filer~~Company, anInc. ~~accelerated~~Yes ~~filer,~~x aNo ~~non-accelerated~~¨ ~~filer or~~TransUnion ~~a smaller reporting company~~Corp. ~~See~~Yes ~~the~~x ~~definitions~~No ~~of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act:~~ ¨

~~TransUnion~~Indicate ~~Holding~~by ~~Company,~~check ~~Inc.~~mark ~~Large~~whether the registrant is a large accelerated filer, ¨an ~~Accelerated~~accelerated filer, ¨a ~~Non~~non-accelerated filer xor ~~Smaller~~a smaller reporting company. ¨See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act:

TransUnion Holding Company, Inc. Large accelerated filer ¨ Accelerated filer ¨ Non-accelerated filer x Smaller reporting company ¨ TransUnion Corp. Large accelerated filer ¨ Accelerated filer ¨ Non-accelerated filer x Smaller reporting company ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).



TransUnion Holding Company, Inc.		Yes ¨ No x

TransUnion Corp.		Yes ¨ No x

The number of shares of registrants’ common stock outstanding as of ~~April~~October 3031, 2013:

TransUnion Holding Company, Inc. common stock outstanding: 109,~~833~~894,~~454~~ 313

TransUnion Corp. common stock outstanding: 100

~~TransUnion~~Table ~~Corp.~~of ~~common stock outstanding: 100~~ Contents

~~Table~~Explanatory ~~of Contents~~Note

~~Explanatory~~This ~~Note~~Quarterly Report on Form 10-Q is a combined report being filed separately by TransUnion Holding Company, Inc. (“TransUnion Holding”) and TransUnion Corp. (“TransUnion Corp”), a direct 100% owned subsidiary of TransUnion Holding. Unless the context indicates otherwise, any reference in this report to “Company,” “we,” “us,” and “our” refers to TransUnion Holding with its direct and indirect subsidiaries, including TransUnion Corp, or to TransUnion Corp and its subsidiaries for periods prior to the formation of TransUnion Holding. Each registrant included herein is filing on its own behalf all of the information contained in this quarterly report that pertains to such registrant. When appropriate, TransUnion Holding and TransUnion Corp are named explicitly for their specific related disclosures. Each registrant included herein is not filing any information that does not relate to such registrant, and therefore makes no representation as to any such information. Where the information provided is substantially the same for both Companies, such information has been combined. Where information is not substantially the same for both Companies, we have provided separate information. In addition, separate financial statements for each Company are included in Part I, Item 1, “Financial Statements.”

~~This~~We ~~Quarterly~~operate ~~Report on Form 10-Q is a combined report being filed separately by~~ TransUnion Holding ~~Company, Inc. (“TransUnion Holding”)~~ and TransUnion Corp. ~~(“TransUnion~~as ~~Corp”),~~one ~~a direct 100% owned subsidiary of TransUnion Holding. Unless the context indicates otherwise~~business, ~~any reference in this report to “Company,” “we,” “us,” and “our” refers to TransUnion Holding~~ with ~~its~~one ~~direct~~management ~~and indirect~~team. ~~subsidiaries,~~Management ~~including~~believes ~~TransUnion~~combining ~~Corp, or to TransUnion Corp and its subsidiaries for periods prior to~~ the ~~formation~~Quarterly ofReports ~~TransUnion Holding. Each registrant included herein is filing~~ on ~~its~~Form ~~own~~10-Q ~~behalf all~~ of ~~the information contained in this quarterly report that pertains to such registrant. When appropriate,~~ TransUnion Holding and TransUnion Corp ~~are~~provides named explicitly for their specific related disclosures. Each registrant included herein is not filing any information that does not relate to such registrant, and therefore makes no representation as to any such information. Where the ~~information~~following provided is substantially the same for both Companies, such information has been combined. Where information is not substantially the same for both Companies, we have provided separate information. In addition, separate financial statements for each Company are included in Part I, Item 1, “Financial Statements.” benefits:

We• ~~operate~~Enhances investors’ understanding of TransUnion Holding and TransUnion Corp asby ~~one~~enabling ~~business,~~investors ~~with~~to ~~one~~view ~~management~~the ~~team.~~business ~~Management~~as ~~believes~~a ~~combining~~whole, the ~~Quarterly~~same ~~Reports~~manner onas ~~Form 10-Q~~management ofviews ~~TransUnion Holding~~ and ~~TransUnion~~operates ~~Corp provides~~ the ~~following benefits:~~ business;

• ~~Enhances~~Provides ~~investors’~~a ~~understanding~~more ofreadable ~~TransUnion~~presentation ~~Holding~~of ~~and~~required ~~TransUnion~~disclosures ~~Corp~~with byless ~~enabling~~duplication, ~~investors~~since toa ~~view~~substantial ~~the~~portion ~~business~~of ~~as a whole,~~ the ~~same~~disclosures ~~manner~~apply asto ~~management~~both ~~views~~TransUnion Holding and ~~operates~~TransUnion ~~the business~~Corp; and

• ~~Provides~~Creates atime ~~more~~and ~~readable~~cost ~~presentation~~efficiencies ofthrough ~~required~~the ~~disclosures~~preparation ~~with~~of ~~less~~one ~~duplication,~~combined ~~since~~report ainstead ~~substantial portion~~ of ~~the~~two ~~disclosures~~separate ~~apply to both TransUnion Holding and TransUnion Corp~~reports.

•TransUnion ~~Creates~~Holding ~~time~~acquired ~~and~~100% ~~cost~~of ~~efficiencies~~the ~~through~~outstanding ~~the~~stock ~~preparation~~of TransUnion Corp on April 30, 2012. Substantially all of ~~one~~TransUnion ~~combined~~Corp’s ~~report~~net ~~instead~~assets are owned by TransUnion Holding and substantially all of ~~two~~TransUnion ~~separate~~Holding’s ~~reports~~operations are conducted by TransUnion Corp.

TransUnion Holding acquired 100% of the outstanding stock of TransUnion Corp on April 30, 2012. Substantially all of TransUnion Corp’s net assets are owned by TransUnion Holding and substantially all of TransUnion Holding’s operations are conducted by TransUnion Corp. 2

2Table of Contents

~~Table~~TRANSUNION ofHOLDING ~~Contents~~COMPANY, INC. AND TRANSUNION CORP.

~~TRANSUNION~~QUARTERLY ~~HOLDING~~REPORT ~~COMPANY,~~ON ~~INC.~~FORM ~~AND TRANSUNION CORP.~~ 10-Q

~~QUARTERLY~~QUARTER ~~REPORT~~ENDED ONSEPTEMBER ~~FORM~~30, ~~10-Q~~2013

~~QUARTER~~TABLE ~~ENDED~~OF ~~MARCH 31, 2013~~ CONTENTS

TABLE OF CONTENTS



	Page
PART I. FINANCIAL INFORMATION	4
ITEM 1. UNAUDITED FINANCIAL STATEMENTS	4
TransUnion Holding Company, Inc. and Subsidiaries:
Consolidated Balance Sheets	4
Consolidated Statements of Income	5
Consolidated Statements of Comprehensive Income	6
Consolidated Statements of Cash Flows	7
Consolidated Statement of Stockholders’ Equity	8
TransUnion Corp. and Subsidiaries:
Consolidated Balance Sheets	9
Consolidated Statements of Income	10
Consolidated Statements of Comprehensive Income	11
Consolidated Statements of Cash Flows	12
Consolidated Statement of Stockholders’ Equity	13
TransUnion Holding Company, Inc. and Subsidiaries and TransUnion Corp. and Subsidiaries:
Combined Notes to Unaudited Consolidated Financial Statements	14
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	43
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	58
ITEM 4. CONTROLS AND PROCEDURES	58
PART II. OTHER INFORMATION	58
ITEM 1. LEGAL PROCEEDINGS	58
ITEM 1A. RISK FACTORS	59
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	59
ITEM 3. DEFAULTS UPON SENIOR SECURITIES	59
ITEM 4. MINE SAFEY DISCLOSURES	60
ITEM 5. OTHER INFORMATION	60
ITEM 6. EXHIBITS	60
SIGNATURES	61
INDEX TO EXHIBITS	62

	Page
PART I. FINANCIAL INFORMATION		4
ITEM 1. FINANCIAL STATEMENTS		4
TransUnion Holding Company, Inc. and Subsidiaries:
Consolidated Balance Sheets		4
Consolidated Statements of Income		5
Consolidated Statements of Comprehensive Income		6
Consolidated Statements of Cash Flows		7
Consolidated Statement of Stockholders’ Equity		8
TransUnion Corp. and Subsidiaries:
Consolidated Balance Sheets		9
Consolidated Statements of Income		10
Consolidated Statements of Comprehensive Income		11
Consolidated Statements of Cash Flows		12
Consolidated Statement of Stockholders’ Equity		13
TransUnion Holding Company, Inc. and Subsidiaries and TransUnion Corp. and Subsidiaries: Combined Notes to Unaudited Consolidated Financial Statements		14
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS		35
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK		46
ITEM 4. CONTROLS AND PROCEDURES		47
PART II. OTHER INFORMATION		47
ITEM 1. LEGAL PROCEEDINGS		47
ITEM 1A. RISK FACTORS		49
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS		49
ITEM 3. DEFAULTS UPON SENIOR SECURITIES		49
ITEM 4. MINE SAFEY DISCLOSURES		50
ITEM 5. OTHER INFORMATION		50
ITEM 6. EXHIBITS		50
SIGNATURES		51
INDEX TO EXHIBITS		52

3Table of Contents

~~Table~~PART ofI. ~~Contents~~FINANCIAL INFORMATION

~~PART~~ITEM I1. FINANCIAL ~~INFORMATION~~ STATEMENTS

~~ITEM~~TRANSUNION 1HOLDING COMPANY, INC. ~~FINANCIAL~~AND ~~STATEMENTS~~SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~HOLDING~~Balance ~~COMPANY, INC. AND SUBSIDIARIES~~ Sheets

~~Consolidated~~(in ~~Balance~~millions, ~~Sheets~~except per share data)

(in millions, except per share data)



	September 30, 2013			December 31, 2012
	Unaudited
Assets
Current assets:
Cash and cash equivalents	$	117.5		$	154.3
Trade accounts receivable, net of allowance of $0.9 and $1.7	183.7			163.6
Other current assets	63.9			82.7
Total current assets	365.1			400.6
Property, plant and equipment, net of accumulated depreciation and amortization of $59.0 and $26.4	125.2			121.2
Other marketable securities	11.6			11.4
Goodwill	1,855.4			1,804.2
Other intangibles, net of accumulated amortization of $190.6 and $86.6	1,882.2			1,911.6
Other assets	135.5			129.8
Total assets	$	4,375.0		$	4,378.8
Liabilities and stockholders’ equity
Current liabilities:
Trade accounts payable	$	82.3		$	78.4
Short-term debt and current portion of long-term debt	76.1			10.6
Other current liabilities	130.7			129.3
Total current liabilities	289.1			218.3
Long-term debt	2,650.5			2,670.3
Other liabilities	678.1			679.4
Total liabilities	3,617.7			3,568.0
Redeemable noncontrolling interests	18.5			14.7
Stockholders’ equity:
Common stock, $0.01 par value; 200.0 million shares authorized at September 30, 2013, 110.3 million and 110.2 million shares issued at September 30, 2013 and December 31, 2012, respectively, and 109.9 million shares and 110.1 million shares outstanding as of September 30, 2013 and December 31, 2012, respectively	1.1			1.1
Additional paid-in capital	1,116.0			1,109.4
Treasury stock at cost; 0.5 million shares at September 30, 2013 and 0.1 million shares at December 31, 2012	(3.7		)	(0.7		)
Accumulated deficit	(400.1		)	(382.6		)
Accumulated other comprehensive loss	(64.4		)	(24.4		)
Total TransUnion Holding Company, Inc. stockholders’ equity	648.9			702.8
Noncontrolling interests	89.9			93.3
Total stockholders’ equity	738.8			796.1
Total liabilities and stockholders’ equity	$	4,375.0		$	4,378.8

	March 31,2013			December 31,2012
	Unaudited
Assets
Current assets:
Cash and cash equivalents	$	117.4		$	154.3
Trade accounts receivable, net of allowance of $0.8 and $1.7		180.8			163.6
Other current assets		75.8			82.7
Total current assets		374.0			400.6
Property, plant and equipment, net of accumulated depreciation and amortization of $37.9 and $26.4		116.3			121.2
Other marketable securities		10.8			11.4
Goodwill		1,809.0			1,804.2
Other intangibles, net		1,886.6			1,911.6
Other assets		132.8			129.8
Total assets	$	4,329.5		$	4,378.8
Liabilities and stockholders’ equity
Current liabilities:
Trade accounts payable	$	82.6		$	78.4
Current portion of long-term debt		10.5			10.6
Other current liabilities		108.1			129.3
Total current liabilities		201.2			218.3
Long-term debt		2,663.9			2,670.3
Other liabilities		671.7			679.4
Total liabilities		3,536.8			3,568.0
Redeemable noncontrolling interests		22.2			14.7
Stockholders’ equity:
Common stock, $0.01 par value; 200.0 million shares authorized at March 31, 2013, 110.2 million and 110.2 million shares issued at March 31, 2013 and December 31, 2012, respectively, and 109.8 million shares and 110.1 million shares outstanding as of March 31, 2013 and December 31, 2012, respectively		1.1			1.1
Additional paid-in capital		1,111.5			1,109.4
Treasury stock at cost; 0.4 million shares at March 31, 2013 and 0.1 million shares at December 31, 2012		(2.7	)		(0.7	)
Retained earnings (accumulated deficit)		(389.0	)		(382.6	)
Accumulated other comprehensive income (loss)		(40.7	)		(24.4	)
Total TransUnion Holding Company, Inc. stockholders’ equity		680.2			702.8
Noncontrolling interests		90.3			93.3
Total stockholders’ equity		770.5			796.1
Total liabilities and stockholders’ equity	$	4,329.5		$	4,378.8

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 4

4Table of Contents

~~Table~~TRANSUNION ofHOLDING ~~Contents~~COMPANY, INC. AND SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~HOLDING~~Statements ~~COMPANY,~~of ~~INC.~~Income ~~AND SUBSIDIARIES~~ (Unaudited)

~~Consolidated~~(in ~~Statements of Income~~ millions)

(in millions)



	Three Months Ended September 30,						Nine Months Ended September 30,			From the Date of Inception Through September 30,
	2013			2012			2013			2012
Revenue	$	299.5		$	291.7		$	890.8		$	482.6
Operating expenses
Cost of services (exclusive of depreciation and amortization below)	115.9			111.5			354.9			186.2
Selling, general and administrative	86.3			75.8			264.5			126.5
Depreciation and amortization	48.0			43.1			138.5			72.1
Total operating expenses	250.2			230.4			757.9			384.8
Operating income	49.3			61.3			132.9			97.8
Non-operating income and expense
Interest expense	(49.0		)	(42.6		)	(148.1		)	(77.4		)
Interest income	0.8			0.6			1.3			0.7
Other income and (expense), net	1.4			(0.6		)	2.5			(15.4		)
Total non-operating income and expense	(46.8		)	(42.6		)	(144.3		)	(92.1		)
Income (loss) before income taxes	2.5			18.7			(11.4		)	5.7
Provision for income taxes	(3.9		)	(5.2		)	(1.1		)	(3.0		)
Net income (loss)	(1.4		)	13.5			(12.5		)	2.7
Less: net income attributable to the noncontrolling interests	(2.0		)	(2.2		)	(5.0		)	(3.3		)
Net income (loss) attributable to TransUnion Holding Company Inc.	$	(3.4	)	$	11.3		$	(17.5	)	$	(0.6	)

	Three MonthsEnded March 31,2013			From the Dateof InceptionThrough March31, 2012
	Unaudited
Revenue	$	290.5		$	—
Operating expenses
Cost of services (exclusive of depreciation and amortization below)		117.7			—
Selling, general and administrative		83.3			—
Depreciation and amortization		45.3			—
Total operating expenses		246.3			—
Operating income		44.2			—
Non-operating income and expense
Interest expense		(49.8	)		(1.5	)
Interest income		0.3			—
Other income and (expense), net		(0.6	)		(7.0	)
Total non-operating income and expense		(50.1	)		(8.5	)
Income (loss) from operations before income taxes		(5.9	)		(8.5	)
Benefit (provision) for income taxes		0.9			—
Net income (loss)		(5.0	)		(8.5	)
Less: net income attributable to noncontrolling interests		(1.3	)		—
Net income (loss) attributable to TransUnion Holding Company, Inc.	$	(6.3	)	$	(8.5	)

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 5

5Table of Contents

~~Table~~TRANSUNION ofHOLDING ~~Contents~~COMPANY, INC. AND SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~HOLDING~~Statements ~~COMPANY,~~of ~~INC.~~Comprehensive ~~AND~~Income ~~SUBSIDIARIES~~ (Unaudited)

~~Consolidated~~(in ~~Statements of Comprehensive Income~~ millions)

(in millions)



	Three Months Ended September 30,						Nine Months Ended September 30,			From the Date of Inception Through September 30,
	Three Months Ended September 30,						Nine Months Ended September 30,			From the Date of Inception Through September 30,
	2013			2012			2013			2012
Net income (loss)	$	(1.4	)	$	13.5		$	(12.5	)	$	2.7
Other comprehensive income (loss)
Foreign currency translation adjustment	(2.4		)	(1.2		)	(46.1		)	(7.6		)
Net unrealized gain (loss) on hedges (net of tax at 36%)	(0.5		)	(1.4		)	2.6			(3.4		)
Total other comprehensive loss, net of tax	(2.9		)	(2.6		)	(43.5		)	(11.0		)
Comprehensive income (loss)	(4.3		)	10.9			(56.0		)	(8.3		)
Less: comprehensive income attributable to noncontrolling interests	(1.8		)	(2.3		)	(1.5		)	(2.6		)
Comprehensive income (loss) attributable to TransUnion Holding Company, Inc.	$	(6.1	)	$	8.6		$	(57.5	)	$	(10.9	)

	Three MonthsEnded March31, 2013			From the Date ofInceptionThrough March31, 2012
	Unaudited
Net loss	$	(5.0	)	$	(8.5	)
Other comprehensive income (loss), net of tax
Foreign currency translation adjustment		(17.4	)		—
Net unrealized gain on hedges		0.2			—
Total other comprehensive income (loss), net of tax		(17.2	)		—
Comprehensive loss		(22.2	)		(8.5	)
Less: comprehensive income attributable to noncontrolling interests		(0.4	)		—
Comprehensive loss attributable to TransUnion Holding Company, Inc.	$	(22.6	)	$	(8.5	)

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 6

6Table of Contents

~~Table~~TRANSUNION ofHOLDING ~~Contents~~COMPANY, INC. AND SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~HOLDING~~Statements ~~COMPANY,~~of ~~INC.~~Cash ~~AND~~Flows ~~SUBSIDIARIES~~ (Unaudited)

~~Consolidated~~(in ~~Statements of Cash Flows~~ millions)

(in millions)



	Nine Months Ended September 30, 2013			From the Date of Inception Through September 30, 2012
Cash flows from operating activities:
Net income (loss)	$	(12.5	)	$	2.7
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	138.5			72.1
Deferred financing fees	6.7			1.0
Stock-based compensation	4.8			1.2
Provision for losses on trade accounts receivable	0.7			(2.2		)
Equity in net income of affiliates, net of dividends	(0.9		)	3.0
Deferred taxes	(12.1		)	(5.1		)
Amortization of senior notes purchase accounting fair value adjustment and note discount	(12.7		)	(6.6		)
Gain on sale of other assets	(1.2		)	—
Other	(0.4		)	2.7
Changes in assets and liabilities:
Trade accounts receivable	(14.7		)	(14.2		)
Other current and long-term assets	3.2			(76.0		)
Trade accounts payable	(1.4		)	(3.8		)
Other current and long-term liabilities	13.1			7.3
Cash provided by (used in) operating activities	111.1			(17.9		)
Cash flows from investing activities:
Capital expenditures for property and equipment	(54.1		)	(26.2		)
Proceeds from sale of trading securities	2.2			—
Investments in trading securities	(1.7		)	(0.3		)
Acquisition of TransUnion Corp., net of cash acquired	—			(1,485.9		)
Other acquisitions and purchases of noncontrolling interests, net of cash acquired	(135.8		)	(10.5		)
Proceeds from sale of other assets	4.2			—
Acquisition related deposits	(9.0		)	—
Other	1.7			(1.5		)
Cash used in investing activities	(192.5		)	(1,524.4		)
Cash flows from financing activities:
Proceeds from 9.625% notes	—			600.0
Proceeds from senior secured credit facility	923.4			—
Extinguishment of senior secured credit facility	(923.4		)	—
Proceeds from senior secured revolving line of credit	65.0			—
Repayments of debt	(8.7		)	(4.8		)
Proceeds from capital lease	2.0			—
Proceeds from issuance of common stock	1.5			1,094.5
Debt financing fees	(4.1		)	(16.8		)
Treasury stock purchases	(3.0		)	(0.7		)
Distributions to noncontrolling interests	(2.8		)	(2.1		)
Other	—			—
Cash provided by financing activities	49.9			1,670.1
Effect of exchange rate changes on cash and cash equivalents	(5.3		)	(0.6		)
Net change in cash and cash equivalents	(36.8		)	127.2
Cash and cash equivalents, beginning of period	154.3			—
Cash and cash equivalents, end of period	$	117.5		$	127.2

	ThreeMonthsEndedMarch 31,2013			From theDate ofInceptionThroughMarch 31,2012
	Unaudited
Cash flows from operating activities:
Net income (loss)	$	(5.0	)	$	(8.5	)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization		45.3			—
Deferred financing fees		3.7			0.1
Stock-based compensation		1.9			—
Equity in net income of affiliates, net of dividends		(3.1	)		—
Deferred taxes		(3.8	)		—
Amortization of senior notes purchase accounting fair value adjustment and note discount		(4.1	)		—
Loss (gain) on sale of assets		(1.9	)		—
Other		(0.2	)		—
Changes in assets and liabilities:
Trade accounts receivable		(10.4	)		—
Other current and long-term assets		4.0			(16.2	)
Trade accounts payable		7.7			22.9
Other current and long-term liabilities		(20.6	)		1.7
Cash provided by operating activities		13.5			—
Cash flows from investing activities:
Capital expenditures for property and equipment		(16.4	)		—
Proceeds from sale of trading securities		2.1			—
Investments in trading securities		(1.2	)		—
Acquisitions, net of cash acquired		(30.3	)		—
Proceeds from sale of other assets		4.2			—
Other		0.9			—
Cash used in investing activities		(40.7	)		—
Cash flows from financing activities:
Proceeds from 9.625% PIK toggle notes		—			600.0
Note proceeds deposited with escrow agent		—			(600.0	)
Proceeds from senior secured credit facility		923.4			—
Extinguishment of senior secured credit facility		(923.4	)		—
Repayments of debt		(2.4	)		—
Deferred financing fees		(3.4	)		—
Treasury stock purchases		(2.0	)		—
Other		0.1			—
Cash used in financing activities		(7.7	)		—
Effect of exchange rate changes on cash and cash equivalents		(2.0	)		—
Net change in cash and cash equivalents		(36.9	)		—
Cash and cash equivalents, beginning of period		154.3			—
Cash and cash equivalents, end of period	$	117.4		$	—

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 7

7Table of Contents

~~Table~~TRANSUNION ofHOLDING ~~Contents~~COMPANY, INC. AND SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~HOLDING~~Statement ~~COMPANY,~~of ~~INC.~~Stockholders’ ~~AND~~Equity ~~SUBSIDIARIES~~ (Unaudited)

~~Unaudited~~(in ~~Consolidated Statement of Stockholders’ Equity~~ millions)

(in millions)



	Common Stock				Paid-In Capital		Treasury Stock			Accumulated Deficit			Accumulated Other Comp Loss			Non-controlling Interests			Total			Redeemable Non- controlling Interests (Temporary Equity)
	Shares		Amount		Paid-In Capital		Treasury Stock			Accumulated Deficit			Accumulated Other Comp Loss			Non-controlling Interests			Total			Redeemable Non- controlling Interests (Temporary Equity)
Balance December 31, 2012	110.1		$	1.1	$	1,109.4	$	(0.7	)	$	(382.6	)	$	(24.4	)	$	93.3		$	796.1		$	14.7
Net income (loss)	—		—		—		—			(17.5		)				4.8			(12.7		)	0.2
Other comprehensive loss	—		—		—		—			—			(40.0		)	(1.7		)	(41.7		)	(1.8		)
Acquisition of Brazil subsidiary	—		—		—		—			—			—			—			—			7.6
Distributions to noncontrolling interests	—		—		—		—			—			—			(2.6		)	(2.6		)	(0.2		)
Purchase of noncontrolling interests	—		—		0.3		—			—			—			—			0.3			(2.0		)
Stock-based compensation			—		4.8		—			—			—			—			4.8			—
Issuance of stock	0.1		—		1.2		—			—			—			—			1.2			—
Exercise of stock options	0.1		—		0.3		—			—			—			—			0.3			—
Treasury stock purchased	(0.4	)	—		—		(3.0		)	—			—			—			(3.0		)	—
Purchase accounting adjustments related to acquisition of TransUnion Corp. subsidiaries	—		—		—		—			—			—			(3.3		)	(3.3		)	—
Disposal of noncontrolling interests	—		—		—		—			—			—			(0.6		)	(0.6		)	—
Balance September 30, 2013	109.9		$	1.1	$	1,116.0	$	(3.7	)	$	(400.1	)	$	(64.4	)	$	89.9		$	738.8		$	18.5

	Common Stock					Paid-InCapital		TreasuryStock			RetainedEarnings(AccumulatedDeficit)			AccumulatedOther CompIncome(Loss)			Non-controllingInterests			Total			RedeemableNon-controllingInterests(TemporaryEquity)
	Shares			Amount
Balance, December 31, 2012		110.1		$	1.1	$	1,109.4	$	(0.7	)	$	(382.6	)	$	(24.4	)	$	93.3		$	796.1		$	14.7
Net income (loss)		—			—		—		—			(6.3	)		—			1.2			(5.1	)		0.1
Other comprehensive loss		—			—		—		—			—			(16.3	)		(0.9	)		(17.2	)		—
Acquisition of Brazil subsidiary		—			—		—		—			—			—			—			—			7.6
Distributions to noncontrolling interests		—			—		—		—			—			—			—			—			(0.1	)
Stock-based compensation		—			—		1.9		—			—			—			—			1.9			—
Issuance of stock		—			—		0.2		—			—			—			—			0.2			—
Treasury stock purchased		(0.3	)		—		—		(2.0	)		—			—			—			(2.0	)		—
Purchase accounting adjustments related to acquisition of TransUnion Corp.		—			—		—		—			—			—			(3.3	)		(3.3	)		(0.1	)
Rounding		—			—		—		—			(0.1	)		—			—			(0.1	)		—
Balance, March 31, 2013		109.8		$	1.1	$	1,111.5	$	(2.7	)	$	(389.0	)	$	(40.7	)	$	90.3		$	770.5		$	22.2

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 8

8Table of Contents

~~Table~~TRANSUNION ofCORP. ~~Contents~~AND SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~CORP.~~Balance ~~AND SUBSIDIARIES~~ Sheets

~~Consolidated~~(in ~~Balance~~millions, ~~Sheets~~except share and per share data)

(in millions, except per share data)



	Successor			Successor
	September 30, 2013			December 31, 2012
	Unaudited
Assets
Current assets:
Cash and cash equivalents	$	117.5		$	154.3
Trade accounts receivable, net of allowance of $0.9 and $1.7	183.7			163.6
Other current assets	36.1			58.7
Total current assets	337.3			376.6
Property, plant and equipment, net of accumulated depreciation and amortization of $59.0 and $26.4	125.2			121.2
Other marketable securities	11.6			11.4
Goodwill	1,855.4			1,804.2
Other intangibles, net of accumulated amortization of $190.6 and $86.6	1,882.2			1,911.6
Other assets	105.8			95.7
Total assets	$	4,317.5		$	4,320.7
Liabilities and stockholders’ equity
Current liabilities:
Trade accounts payable	$	82.0		$	77.5
Short-term debt and current portion of long-term debt	76.1			10.6
Other current liabilities	128.6			107.0
Total current liabilities	286.7			195.1
Long-term debt	1,652.3			1,672.3
Other liabilities	667.3			667.4
Total liabilities	2,606.3			2,534.8
Redeemable noncontrolling interests	18.5			14.7
Stockholders’ equity:
Common stock, $0.01 par value; one thousand shares authorized, one hundred shares issued at September 30, 2013, and December 31, 2012; one hundred shares outstanding as of September 30, 2013, and December 31, 2012	—			—
Additional paid-in capital	1,692.3			1,687.2
Treasury stock at cost; 0 shares at September 30, 2013, and December 31, 2012	—			—
Retained earnings (accumulated deficit)	(25.1		)	15.1
Accumulated other comprehensive loss	(64.4		)	(24.4		)
Total TransUnion Corp. stockholders’ equity	1,602.8			1,677.9
Noncontrolling interests	89.9			93.3
Total stockholders’ equity	1,692.7			1,771.2
Total liabilities and stockholders’ equity	$	4,317.5		$	4,320.7

	SuccessorMarch 31,2013			SuccessorDecember 31,2012
	Unaudited
Assets
Current assets:
Cash and cash equivalents	$	117.4		$	154.3
Trade accounts receivable, net of allowance of $0.8 and $1.7		180.8			163.6
Other current assets		76.5			58.7
Total current assets		374.7			376.6
Property, plant and equipment, net of accumulated depreciation and amortization of $37.9 and $26.4		116.3			121.2
Other marketable securities		10.8			11.4
Goodwill		1,809.0			1,804.2
Other intangibles, net		1,886.6			1,911.6
Other assets		100.1			95.7
Total assets	$	4,297.5		$	4,320.7
Liabilities and stockholders’ equity
Current liabilities:
Trade accounts payable	$	82.1		$	77.5
Current portion of long-term debt		10.5			10.6
Other current liabilities		92.1			107.0
Total current liabilities		184.7			195.1
Long-term debt		1,665.8			1,672.3
Other liabilities		660.8			667.4
Total liabilities		2,511.3			2,534.8
Redeemable noncontrolling interests		22.2			14.7
Stockholders’ equity:
Common stock, $0.01 par value; one thousand shares authorized, one hundred shares issued at March 31, 2013, and December 31, 2012; one hundred shares outstanding as of March 31, 2013, and December 31, 2012		—			—
Additional paid-in capital		1,689.1			1,687.2
Treasury stock at cost; 0 shares at March 31, 2013, and December 31, 2012		—			—
Retained earnings		25.3			15.1
Accumulated other comprehensive income (loss)		(40.7	)		(24.4	)
Total TransUnion Corp. stockholders’ equity		1,673.7			1,677.9
Noncontrolling interests		90.3			93.3
Total stockholders’ equity		1,764.0			1,771.2
Total liabilities and stockholders’ equity	$	4,297.5		$	4,320.7

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 9

9Table of Contents

~~Table~~TRANSUNION ofCORP. ~~Contents~~AND SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~CORP.~~Statements ~~AND~~of ~~SUBSIDIARIES~~Income (Unaudited)

~~Unaudited~~(in ~~Consolidated Statements of Income~~ millions)

(in millions)



	TransUnion Corp Successor												TransUnion Corp Predecessor
	Three Months Ended September 30, 2013			Three Months Ended September 30, 2012			Nine Months Ended September 30, 2013			Five Months Ended September 30, 2012			Four Months Ended April 30, 2012
Revenue	$	299.5		$	291.7		$	890.8		$	482.6		$	373.0
Operating expenses
Cost of services (exclusive of depreciation and amortization below)	115.9			111.5			354.9			186.2			172.0
Selling, general and administrative	85.9			75.5			263.4			125.8			172.0
Depreciation and amortization	48.0			43.1			138.5			72.1			29.2
Total operating expenses	249.8			230.1			756.8			384.1			373.2
Operating income (loss)	49.7			61.6			134.0			98.5			(0.2		)
Non-operating income and expense
Interest expense	(24.9		)	(27.6		)	(75.9		)	(46.0		)	(40.5		)
Interest income	0.8			0.6			1.3			0.7			0.6
Other income and (expense), net	1.6			(0.6		)	2.5			(0.2		)	(23.8		)
Total non-operating income and expense	(22.5		)	(27.6		)	(72.1		)	(45.5		)	(63.7		)
Income (loss) before income taxes	27.2			34.0			61.9			53.0			(63.9		)
(Provision) benefit for income taxes	(7.7		)	(11.0		)	(19.1		)	(19.3		)	11.5
Net income (loss)	19.5			23.0			42.8			33.7			(52.4		)
Less: net income attributable to noncontrolling interests	(2.0		)	(2.2		)	(5.0		)	(3.3		)	(2.5		)
Net income (loss) attributable to TransUnion Corp.	$	17.5		$	20.8		$	37.8		$	30.4		$	(54.9	)

	SuccessorThreeMonthsEndedMarch 31,2013			PredecessorThreeMonthsEndedMarch 31,2012
Revenue	$	290.5		$	280.6
Operating expenses
Cost of services (exclusive of depreciation and amortization below)		117.7			115.0
Selling, general and administrative		83.0			78.1
Depreciation and amortization		45.3			21.9
Total operating expenses		246.0			215.0
Operating income		44.5			65.6
Non-operating income and expense
Interest expense		(25.8	)		(30.7	)
Interest income		0.3			0.4
Other income and expense, net		(0.6	)		(2.9	)
Total non-operating income and expense		(26.1	)		(33.2	)
Income from operations before income taxes		18.4			32.4
Provision for income taxes		(6.9	)		(20.3	)
Net income		11.5			12.1
Less: net income attributable to noncontrolling interests		(1.3	)		(1.9	)
Net income attributable to TransUnion Corp.	$	10.2		$	10.2

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 10

10Table of Contents

~~Table~~TRANSUNION ofCORP. ~~Contents~~AND SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~CORP.~~Statements ~~AND~~of ~~SUBSIDIARIES~~Comprehensive Income (Unaudited)

~~Unaudited~~(in ~~Consolidated Statements of Comprehensive Income~~ millions)

(in millions)



	TransUnion Corp Successor												TransUnion Corp Predecessor
	Three Months Ended September 30, 2013			Three Months Ended September 30, 2012			Nine Months Ended September 30, 2013			Five Months Ended September 30, 2012			Four Months Ended April 30, 2012
Net income (loss)	$	19.5		$	23.0		$	42.8		$	33.7		$	(52.4	)
Other comprehensive income (loss)
Foreign currency translation adjustment	(2.4		)	(1.2		)	(46.1		)	(7.6		)	2.5
Net unrealized gain (loss) on hedges (net of tax at 36%)	(0.5		)	(1.4		)	2.6			(3.4		)	—
Total other comprehensive income (loss), net of tax	(2.9		)	(2.6		)	(43.5		)	(11.0		)	2.5
Comprehensive income (loss)	16.6			20.4			(0.7		)	22.7			(49.9		)
Less: comprehensive income attributable to noncontrolling interests	(1.8		)	(2.3		)	(1.5		)	(2.6		)	(2.8		)
Comprehensive income (loss) attributable to TransUnion Corp.	$	14.8		$	18.1		$	(2.2	)	$	20.1		$	(52.7	)

	SuccessorThreeMonthsEnded march31, 2013			PredecessorThreeMonthsEndedMarch 31,2012
Net income	$	11.5		$	12.1
Other comprehensive income (loss), net of tax
Foreign currency translation adjustment		(17.4	)		5.4
Net unrealized gain on hedges		0.2			—
Total other comprehensive income (loss), net of tax		(17.2	)		5.4
Comprehensive income (loss)		(5.7	)		17.5
Less: comprehensive income attributable to noncontrolling interests		(0.4	)		(2.7	)
Comprehensive income (loss) attributable to TransUnion Corp.	$	(6.1	)	$	14.8

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 11

11Table of Contents

~~Table~~TRANSUNION ofCORP. ~~Contents~~AND SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~CORP.~~Statements ~~AND~~of ~~SUBSIDIARIES~~Cash Flows (Unaudited)

~~Unaudited~~(in ~~Consolidated Statements of Cash Flows~~ millions)

(in millions)



	Successor						Predecessor
	Nine Months Ended September 30, 2013			Five Months Ended September 30, 2012			Four Months Ended April 30, 2012
Cash flows from operating activities:
Net income (loss)	$	42.8		$	33.7		$	(52.4	)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Change in control transaction fees	—			0.3			20.9
Depreciation and amortization	138.5			72.1			29.2
Deferred financing fees	2.5			—			3.9
Stock-based compensation	4.8			0.8			2.0
Provision (reduction) for losses on trade accounts receivable	0.7			(2.2		)	3.1
Equity in net income of affiliates, net of dividends	(0.9		)	3.0			(3.7		)
Deferred taxes	(6.6		)	10.5			(18.3		)
Amortization of senior notes purchase accounting fair value adjustment	(12.9		)	(6.6		)	—
Loss (gain) on sale of other assets	(1.2		)	—			0.1
Other	(0.4		)	2.7			(0.7		)
Changes in assets and liabilities:
Trade accounts receivable	(14.7		)	(14.2		)	(24.7		)
Other current and long-term assets	0.8			4.1			1.5
Trade accounts payable	(1.3		)	(4.0		)	1.6
Other current and long-term liabilities	34.6			(23.1		)	89.9
Cash provided by operating activities	186.7			77.1			52.4
Cash flows from investing activities:
Capital expenditures for property and equipment	(54.1		)	(26.2		)	(20.4		)
Proceeds from sale of trading securities	2.2			—			1.1
Investments in trading securities	(1.7		)	(0.3		)	(1.1		)
Acquisitions and purchases of noncontrolling interests, net of cash acquired	(135.8		)	(10.5		)	(0.1		)
Proceeds from sale of other assets	4.2			—			0.2
Acquisition related deposits	(9.0		)	—			—
Other	1.7			(1.5		)	0.7
Cash used in investing activities	(192.5		)	(38.5		)	(19.6		)
Cash flows from financing activities:
Proceeds from senior secured credit facility	923.4			—			—
Extinguishment of senior secured credit facility	(923.4		)	—			—
Proceeds from senior secured revolving line of credit	65.0			—			—
Repayments of debt	(8.7		)	(4.8		)	(14.6		)
Proceeds from capital lease	2.0			—			—
Debt financing fees	(3.2		)	—			(6.1		)
Distribution of merger consideration	—			—			(1.3		)
Change in control transaction fees	—			(0.3		)	(20.9		)
Distributions to noncontrolling interests	(2.8		)	(2.1		)	(0.4		)
Dividends to TransUnion Holding	(78.0		)	—			—
Other	—			—			(1.7		)
Cash used in financing activities	(25.7		)	(7.2		)	(45.0		)
Effect of exchange rate changes on cash and cash equivalents	(5.3		)	(0.6		)	0.8
Net change in cash and cash equivalents	(36.8		)	30.8			(11.4		)
Cash and cash equivalents, beginning of period	154.3			96.4			107.8
Cash and cash equivalents, end of period	$	117.5		$	127.2		$	96.4

	SuccessorThreeMonthsEndedMarch 31,2013			PredecessorThreeMonthsEndedMarch 31,2012
Cash flows from operating activities:
Net income	$	11.5		$	12.1
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		45.3			21.9
Deferred financing fees		2.3			0.9
Stock-based compensation		1.9			1.6
Provision for losses on trade accounts receivable		—			3.0
Equity in net income of affiliates, net of dividends		(3.1	)		(2.8	)
Deferred taxes		3.5			9.0
Amortization of senior notes purchase accounting fair value adjustment		(4.2	)		—
Loss (gain) on sale of assets		(1.9	)		0.1
Other		(0.1	)		(0.4	)
Changes in assets and liabilities:
Trade accounts receivable		(10.4	)		(21.7	)
Other current and long-term assets		(27.0	)		(0.8	)
Trade accounts payable		7.9			0.1
Other current and long-term liabilities		(14.3	)		(1.4	)
Cash provided by operating activities		11.4			21.6
Cash flows from investing activities:
Capital expenditures for property and equipment		(16.4	)		(17.3	)
Proceeds from sale of trading securities		2.1			1.0
Investments in trading securities		(1.2	)		(1.1	)
Acquisitions and purchases of noncontrolling interests, net of cash acquired		(30.3	)		(0.1	)
Proceeds from sale of other assets		4.2			0.2
Other		0.9			0.6
Cash used in investing activities		(40.7	)		(16.7	)
Cash flows from financing activities:
Proceeds from senior secured credit facility		923.4			—
Extinguishment of senior secured credit facility		(923.4	)		—
Repayments of debt		(2.4	)		(3.5	)
Distribution of merger consideration		—			(1.3	)
Deferred financing fees		(3.1	)		—
Other		(0.1	)		(0.8	)
Cash used in financing activities		(5.6	)		(5.6	)
Effect of exchange rate changes on cash and cash equivalents		(2.0	)		1.0
Net change in cash and cash equivalents		(36.9	)		0.3
Cash and cash equivalents, beginning of period		154.3			107.8
Cash and cash equivalents, end of period	$	117.4		$	108.1

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 12

12Table of Contents

~~Table~~TRANSUNION ofCORP. ~~Contents~~AND SUBSIDIARIES

~~TRANSUNION~~Consolidated ~~CORP.~~Statement ~~AND~~of ~~SUBSIDIARIES~~Stockholders’ Equity (Unaudited)

~~Unaudited~~(in ~~Consolidated Statement of Stockholders’ Equity~~ millions)

(in millions)



	Common Stock			Paid-In Capital		Treasury Stock		Retained Earnings (Accumulated Deficit)			Accumulated Other Comp Income (Loss)			Non-controlling Interests			Total			Redeemable Non- controlling Interests (Temporary Equity)
	Shares	Amount		Paid-In Capital		Treasury Stock		Retained Earnings (Accumulated Deficit)			Accumulated Other Comp Income (Loss)			Non-controlling Interests			Total			Redeemable Non- controlling Interests (Temporary Equity)
Successor balance December 31, 2012	—	$	—	$	1,687.2	$	—	$	15.1		$	(24.4	)	$	93.3		$	1,771.2		$	14.7
Net income (loss)	—	—		—		—		37.8			—			4.8			42.6			0.2
Other comprehensive income (loss)	—	—		—		—		—			(40.0		)	(1.7		)	(41.7		)	(1.8		)
Acquisition of Brazil subsidiary	—	—		—		—		—			—			—			—			7.6
Distributions to noncontrolling interests	—	—		—		—		—			—			(2.6		)	(2.6		)	(0.2		)
Stock-based compensation	—	—		4.8		—		—			—			—			4.8			—
Purchase of noncontrolling interests	—	—		0.3		—		—			—			—			0.3			(2.0		)
Dividends to TransUnion Holding	—	—		—		—		(78.0		)	—			—			(78.0		)	—
Purchase accounting adjustments related to acquisition of TransUnion Corp. subsidiaries	—	—		—		—		—			—			(3.3		)	(3.3		)	—
Disposal of noncontrolling interests	—	—		—		—		—			—			(0.6		)	(0.6		)	—
Balance, September 30, 2013	—	$	—	$	1,692.3	$	—	$	(25.1	)	$	(64.4	)	$	89.9		$	1,692.7		$	18.5

	Common Stock				Paid-InCapital		TreasuryStock		RetainedEarnings(AccumulatedDeficit)		AccumulatedOther CompIncome(Loss)			Non-controllingInterests			Total			RedeemableNon-controllingInterests(TemporaryEquity)
	Shares		Amount
Successor balance, December 31, 2012		—	$	—	$	1,687.2	$	—	$	15.1	$	(24.4	)	$	93.3		$	1,771.2		$	14.7
Net income		—		—		—		—		10.2		—			1.2			11.4			0.1
Other comprehensive loss		—		—		—		—		—		(16.3	)		(0.9	)		(17.2	)		—
Acquisition of Brazil subsidiary		—		—		—		—		—		—			—			—			7.6
Distributions to noncontrolling interests		—		—		—		—		—		—			—			—			(0.1	)
Stock-based compensation		—		—		1.9		—		—		—			—			1.9			—
Purchase accounting adjustments related to acquisition of TransUnion Corp.		—		—		—		—		—		—			(3.3	)		(3.3	)		(0.1	)
Balance, March 31, 2013		—	$	—	$	1,689.1	$	—	$	25.3	$	(40.7	)	$	90.3		$	1,764.0		$	22.2

See accompanying combined notes to unaudited consolidated financial statements.

~~See accompanying combined notes to unaudited consolidated financial statements.~~ 13

13Table of Contents

~~Table~~TRANSUNION ofHOLDING ~~Contents~~COMPANY, INC. AND SUBSIDIARIES

TRANSUNION ~~HOLDING COMPANY, INC~~CORP. AND SUBSIDIARIES

~~TRANSUNION~~Combined ~~CORP.~~Notes ~~AND~~to ~~SUBSIDIARIES~~Unaudited Consolidated Financial Statements

~~Combined~~1. ~~Notes~~Significant toAccounting ~~Unaudited~~and ~~Consolidated~~Reporting ~~Financial Statements~~ Policies

1.Basis ~~Significant~~of ~~Accounting and Reporting Policies~~ Presentation

~~Basis~~This Quarterly Report on Form 10-Q is a combined report being filed separately by TransUnion Holding Company, Inc. (“TransUnion Holding”) and TransUnion Corp. (“TransUnion Corp), a direct 100% owned subsidiary of ~~Presentation~~TransUnion Holding. Unless the context indicates otherwise, any reference in this report to “Company,” “we,” “us,” and “our” refers to TransUnion Holding and its direct and indirect subsidiaries, including TransUnion Corp, or to TransUnion Corp and its subsidiaries for periods prior to the formation of TransUnion Holding. Each registrant included herein is filing on its own behalf all of the information contained in this quarterly report that pertains to such registrant. When appropriate, TransUnion Holding and TransUnion Corp are named explicitly for their specific related disclosures. Each registrant included herein is not filing any information that does not relate to such registrant and, therefore, makes no representation as to any such information. Where the information provided is substantially the same for both Companies, such information has been combined in this Quarterly Report on Form 10-Q. Where information is not substantially the same for both Companies, we have provided separate information. In addition, separate financial statements for each Company are included in Part I, Item 1, “Financial Statements.”

~~This~~The ~~Quarterly~~accompanying ~~Report~~unaudited onconsolidated ~~Form~~financial ~~10-Q~~statements isof aTransUnion ~~combined~~Holding ~~report~~and ~~being~~TransUnion ~~filed~~Corp ~~separately~~have bybeen ~~TransUnion~~prepared ~~Holding~~in ~~Company,~~accordance ~~Inc~~with U.S. ~~(“TransUnion~~generally ~~Holding”)~~accepted ~~and~~accounting ~~TransUnion~~principles ~~Corp.~~ (“~~TransUnion Corp~~GAAP”), afor ~~direct 100%~~interim ~~owned~~financial ~~subsidiary of TransUnion Holding~~information. ~~Unless~~In the ~~context~~opinion ~~indicates~~of ~~otherwise~~management, ~~any~~all ~~reference~~adjustments, inincluding ~~this~~normal ~~report~~recurring ~~to “Company~~adjustments,” ~~“we,”~~considered ~~“us,”~~necessary ~~and~~for ~~“our”~~a ~~refers~~fair topresentation ~~TransUnion~~have ~~Holding~~been ~~and~~included. ~~its~~All ~~direct~~significant ~~and~~intercompany ~~indirect subsidiaries,~~transactions ~~including TransUnion Corp, or to TransUnion Corp~~ and ~~its~~balances ~~subsidiaries~~have ~~for~~been ~~periods~~eliminated. ~~prior~~Operating toresults ~~the formation~~ of TransUnion Holding. ~~Each~~and ~~registrant~~TransUnion ~~included~~Corp ~~herein~~for isthe ~~filing~~periods onpresented ~~its~~are ~~own~~not ~~behalf~~necessarily ~~all~~indicative of the ~~information~~results ~~contained~~that inmay ~~this quarterly~~be ~~report~~expected ~~that~~for ~~pertains~~the tofull ~~such~~year ~~registrant.~~ending ~~When appropriate~~December 31, ~~TransUnion~~2013. ~~Holding~~These ~~and~~unaudited ~~TransUnion~~consolidated ~~Corp~~financial ~~are~~statements ~~named~~should ~~explicitly~~be ~~for~~read ~~their~~in ~~specific~~conjunction ~~related~~with ~~disclosures.~~the ~~Each~~audited ~~registrant~~financial ~~included~~statements ~~herein~~of isTransUnion ~~not~~Holding ~~filing any information that does not relate to such registrant~~ and, ~~therefore,~~TransUnion ~~makes~~Corp ~~no representation~~ as toof ~~any~~and ~~such~~for ~~information. Where~~ the ~~information~~period ~~provided~~ended isDecember 31, ~~substantially the same for both Companies~~2012, ~~such~~included ~~information has been combined~~ in ~~this~~our ~~Quarterly~~Annual Report on Form 10-~~Q. Where~~K ~~information~~for ~~is not substantially~~ the ~~same~~year ~~for~~ended ~~both Companies~~December 31, ~~we have provided separate information. In addition~~2012, ~~separate~~filed ~~financial~~with ~~statements~~the ~~for~~Securities ~~each~~and ~~Company~~Exchange ~~are~~Commission ~~included~~(“SEC”) inon ~~Part I, Item~~February 125, ~~“Financial Statements~~2013.”

~~The~~2012 ~~accompanying~~Change ~~unaudited consolidated financial statements of TransUnion Holding and TransUnion Corp have been prepared~~ in ~~accordance~~Control with U.S. generally accepted accounting principles (“GAAP”) for interim financial information. In the opinion of management, all adjustments, including normal recurring adjustments, considered necessary for a fair presentation have been included. All significant intercompany transactions and balances have been eliminated. Operating results of TransUnion Holding and TransUnion Corp for the periods presented are not necessarily indicative of the results that may be expected for the full year ending December 31, 2013. These unaudited consolidated financial statements should be read in conjunction with the audited financial statements of TransUnion Holding and TransUnion Corp, included in our Annual Report on Form 10-K for the year ended December 31, 2012, filed with the Securities and Exchange Commission (“SEC”) on February 25, 2013. Transaction

TransUnion Holding was formed by affiliates of Advent International Corporation (“Advent”) and Goldman Sachs & Co. (“GSC”) on February 15, 2012 as a vehicle to acquire 100% of the outstanding common stock of TransUnion Corp. On April 30, 2012, pursuant to an Agreement and Plan of Merger, TransUnion Holding acquired TransUnion Corp. To partially fund the acquisition, TransUnion Holding issued $600.0 million aggregate principal amount of 9.625%/10.375% senior PIK toggle notes due 2018 (9.625% notes). We refer to these transactions collectively as the “2012 Change in Control Transaction .”

~~TransUnion~~The ~~Holding~~2012 Change in Control Transaction was ~~formed~~accounted byfor ~~affiliates~~using the acquisition method of ~~Advent~~accounting ~~International~~in ~~Corporation~~accordance ~~(“Advent”)~~with ~~and Goldman~~Accounting ~~Sachs &~~Standards ~~Co.~~Codification (“~~GSC~~ASC”) ~~on February 15~~805, ~~2012~~Business asCombinations. aThe ~~vehicle~~guidance toprescribes ~~acquire~~that ~~100%~~the basis of the ~~outstanding~~assets ~~common~~acquired ~~stock~~and ofliabilities ~~TransUnion~~assumed ~~Corp.~~be Onrecorded ~~April 30,~~at ~~2012,~~fair ~~pursuant~~value toon anthe ~~Agreement~~acquirer’s ~~and~~books ~~Plan~~to ofreflect ~~Merger,~~the ~~TransUnion~~purchase ~~Holding acquired~~price. ~~TransUnion~~Under ~~Corp.~~the Toguidance ~~partially~~provided ~~fund~~by the ~~acquisition,~~SEC ~~TransUnion~~Staff ~~Holding~~Accounting ~~issued~~Bulletin ~~$600.0~~Topic ~~million~~5J, ~~aggregate~~“New ~~principal~~Basis ~~amount~~ of ~~9.625%/10.375%~~Accounting ~~senior~~Required ~~PIK~~in ~~toggle~~Certain ~~notes~~Circumstances,” ~~due~~the ~~2018~~fair (value adjustments of the ~~“9.625%~~assets ~~notes”).~~acquired Weand ~~refer~~liabilities toassumed ~~these~~have ~~transactions collectively~~also asbeen ~~the~~pushed-down ~~“2012~~and ~~Change~~recorded inon ~~Control~~TransUnion ~~Transaction.”~~Corp’s books.

~~The~~TransUnion Corp continues to operate as the same legal entity subsequent to the 2012 Change in Control Transaction. ~~was~~On ~~accounted~~TransUnion ~~for~~Corp’s ~~using~~financial statements, periods prior to May 1, 2012, reflect the ~~acquisition~~ ~~method~~financial position, results of ~~accounting~~operations, and changes in ~~accordance~~financial ~~with~~position ~~Accounting~~of ~~Standards~~TransUnion ~~Codification~~Corp prior to the 2012 Change in Control Transaction (referred to herein as the “~~ASC~~Predecessor”) ~~805,~~and ~~Business~~periods ~~Combinations.~~after ~~The~~April 30, ~~guidance~~2012, ~~prescribes~~reflect ~~that~~ the ~~basis~~financial ofposition, ~~the~~results ~~assets~~of ~~acquired~~operations, and ~~liabilities~~changes ~~assumed~~in befinancial ~~recorded~~position atof ~~fair value~~TransUnion onCorp after the ~~acquirer’s~~2012 ~~books~~Change in Control Transaction (referred to ~~reflect~~herein as the ~~purchase price~~“Successor”). ~~Under~~Periods after the ~~guidance~~2012 ~~provided~~Change byin ~~the~~Control ~~SEC~~Transaction ~~Staff~~are ~~Accounting~~not ~~Bulletin~~comparable ~~Topic~~to ~~5J,~~prior ~~“New~~periods ~~Basis~~due ofprimarily ~~Accounting~~to ~~Required~~additional inamortization ~~Certain~~of ~~Circumstances,”~~intangibles resulting from the fair value adjustments of the assets acquired and liabilities assumed ~~have also been pushed-down and recorded on TransUnion Corp’s books~~.

~~TransUnion~~Principles Corp continues to operate as the same legal entity subsequent to the 2012 Change in Control Transaction. On TransUnion Corp’s financial statements, periods prior to May 1, 2012, reflect the financial position, results of operations, and changes in financial position of TransUnion Corp prior to the 2012 Change in Control Transaction (referred to herein as the “Predecessor”) and periods after April 30, 2012, reflect the financial position, results of operations, and changes in financial position of TransUnion Corp after the 2012 Change in Control Transaction (referred to herein as the “Successor”). Periods after the 2012 Change in Control Transaction are not comparable to prior periods due primarily to additional amortization of intangibles resulting from the fair value adjustments of the assets acquired and liabilities assumed. Consolidation

~~Principles~~The consolidated financial statements of ~~Consolidation~~ TransUnion Holding include the accounts of TransUnion Holding and its 100% owned subsidiary, TransUnion Corp. The consolidated financial statements of TransUnion Corp include the accounts of TransUnion Corp and all of its majority-owned or controlled subsidiaries. Investments in unconsolidated entities in which the Company has at least a 20% ownership interest, or where it is able to exercise significant influence, are accounted for using the equity method. Nonmarketable investments in unconsolidated entities in which the Company has less than a 20% ownership interest, or where it is not able to exercise significant influence, are accounted for using the cost method and periodically reviewed for impairment.

The consolidated financial statements of TransUnion Holding include the accounts of TransUnion Holding and its 100% owned subsidiary, TransUnion Corp. The consolidated financial statements of TransUnion Corp include the accounts of TransUnion Corp and all of its majority-owned or controlled subsidiaries. Investments in unconsolidated entities in which the Company has at least a 20% ownership interest, or where it is able to exercise significant influence, are accounted for using the equity method. Nonmarketable investments in unconsolidated entities in which the Company has less than a 20% ownership interest, or where it is not able to exercise significant influence, are accounted for using the cost method and periodically reviewed for impairment. 14

14Table of Contents

~~Table~~Subsequent ~~of Contents~~Events

~~Subsequent~~ Events and transactions occurring through the date of issuance of the financial statements have been evaluated by management and, when appropriate, recognized or disclosed in the financial statements or notes to the financial statements.

~~Events~~Recently ~~and~~Adopted ~~transactions~~Accounting occurring through the date of issuance of the financial statements have been evaluated by management and, when appropriate, recognized or disclosed in the financial statements or notes to the financial statements. Pronouncements

~~Recently~~In ~~Adopted~~February 2013, the Financial Accounting ~~Pronouncements~~Standards Board (“FASB”) issued Accounting Standards Update No. 2013-2 (“ASU 2013-2”) Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. ASU 2013-2 does not change the current requirements for reporting net income or other comprehensive income, however it increases disclosure requirements for amounts that are reclassified out of accumulated other comprehensive income into net income. ASU 2013-2 is effective for annual and interim periods beginning after December 15, 2012. This guidance was adopted by the Company effective January 1, 2013, and did not have a significant impact on the Company’s consolidated financial statements.

InRecent ~~February 2013, the Financial~~ Accounting ~~Standards~~Pronouncements ~~Board~~Not ~~(“FASB”)~~Yet issued Accounting Standards Update No. 2013-02 (“ASU 2013-02”) Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. ASU 2013-02 does not change the current requirements for reporting net income or other comprehensive income, however it increases disclose requirements for amounts that are reclassified out of accumulated other comprehensive income into net income. ASU 2013-02 is effective for annual and interim periods beginning after December 15, 2012. This guidance was adopted by the Company effective January 1, 2013, and did not have a significant impact on the Company’s consolidated financial statements. Adopted

2On July 18, 2013, the FASB issued ASU No. 2013-11, ~~2012~~Income ~~Change~~Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exist. ASU 2013-11 provides guidance on the presentation of unrecognized tax benefits to better reflect the manner in ~~Control~~which ~~Transaction~~an entity would settle at the reporting date any income taxes that would result from the disallowance of a tax position when net operating loss carryforwards, similar tax losses or tax credit carryforwards exist. The objective of ASU 2013-11 is to eliminate the diversity in practice of how companies present unrecognized tax benefits under these circumstances. ASU 2013-11 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. We do not expect the requirements of ASU 2013-11 to have a significant impact on the Company's consolidated financial statements.

On2. ~~April 30,~~ 2012, ~~pursuant~~Change toin ~~the~~Control Merger Agreement, TransUnion Corp was acquired by affiliates of Advent and GSC for the aggregate purchase price of $1,592.7 million, plus the assumption of existing debt. As a result, TransUnion Corp became a wholly-owned subsidiary of TransUnion Holding. In connection with the acquisition, all existing stockholders of TransUnion Corp received cash consideration for their shares and all existing option holders received cash consideration based on the value of their options. To partially fund the acquisition, TransUnion Holding issued $600 million aggregate principal amount of the 9.625% notes. At that time, TransUnion Holding was owned 49.5% by affiliates of Advent, 49.5% by affiliates of GSC and 1% by members of management. Transaction

~~Purchase~~On ~~Price~~April 30, ~~Allocation~~2012, pursuant to the Merger Agreement, TransUnion Corp was acquired by affiliates of Advent and GSC for the aggregate purchase price of $1,592.7 million, plus the assumption of existing debt. As a result, TransUnion Corp became a wholly-owned subsidiary of TransUnion Holding. In connection with the acquisition, all existing stockholders of TransUnion Corp received cash consideration for their shares and all existing option holders received cash consideration based on the value of their options. To partially fund the acquisition, TransUnion Holding issued $600.0 million aggregate principal amount of the 9.625% notes. At that time, TransUnion Holding was owned 49.5% by affiliates of Advent, 49.5% by affiliates of GSC and 1% by members of management.

~~The~~Purchase ~~fair~~Price value of identifiable intangible assets acquired and liabilities assumed was based on many factors including an analysis of historical financial performance and estimates of future performance, and was determined using analytical approaches appropriate to the facts and circumstances, including discounted cash flow and market-based approaches. The allocation of the purchase price to the identifiable assets acquired and liabilities assumed as of April 30, 2012, consisted of the following: Allocation

(in millions)	Fair Value
Trade accounts receivable	$	162.4
Property and equipment		112.9
Identifiable intangible assets		1,986.4
Goodwill(1)		1,794.8
All other assets		302.3
Total assets acquired	$	4,358.8
Existing debt (including fair value adjustment)		(1,710.8	)
All other liabilities		(945.4	)
Noncontrolling interests		(109.9	)
Net assets of acquired company	$	1,592.7

The fair value of identifiable intangible assets acquired and liabilities assumed was based on many factors including an analysis of historical financial performance and estimates of future performance, and was determined using analytical approaches appropriate to the facts and circumstances, including discounted cash flow and market-based approaches. The allocation of the purchase price to the identifiable assets acquired and liabilities assumed as of April 30, 2012, consisted of the following:

(1) For tax purposes, $128.8 million of goodwill is tax deductible.




(in millions)	Fair Value
Trade accounts receivable	$	162.4
Property and equipment	112.9
Identifiable intangible assets	1,986.4
Goodwill⁽¹⁾	1,794.8
All other assets	302.3
Total assets acquired	$	4,358.8
Existing debt (including fair value adjustment)	(1,710.8		)
All other liabilities	(945.4		)
Noncontrolling interests	(109.9		)
Net assets of acquired company	$	1,592.7

~~The~~(1) ~~excess~~For oftax ~~the~~purposes, ~~purchase~~$128.8 ~~price~~million ~~over the fair value~~ of ~~the net tangible and identifiable intangible assets acquired and liabilities assumed was recorded as~~ goodwill. ~~The~~is ~~purchase~~tax ~~price of TransUnion Corp exceeded the fair value of the net assets acquired due primarily to growth opportunities and operational efficiencies~~deductible.

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~~Identifiable~~The ~~Intangible~~excess ~~Assets~~of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired and liabilities assumed was recorded as goodwill. The purchase price of TransUnion Corp exceeded the fair value of the net assets acquired due primarily to growth opportunities and operational efficiencies.

~~The~~Identifiable ~~fair~~Intangible ~~values of the intangible assets acquired consisted of the following:~~ Assets

(in millions)	Fair Value		EstimatedUseful Life
Database and credit files	$	765.0		15 years
Technology and software		364.6		7 years
Trade names and trademarks		546.1		40 years
Customer relationships		308.0		20 years
Other		2.7		5 years
Total identifiable intangible assets	$	1,986.4

The fair values of the intangible assets acquired consisted of the following:

The weighted-average useful life of identifiable intangible assets is approximately 21.2 years.



(in millions)	Fair Value		Estimated Useful Life
Database and credit files	$	765.0	15 years
Technology and software	364.6		7 years
Trade names and trademarks	546.1		40 years
Customer relationships	308.0		20 years
Other	2.7		5 years
Total identifiable intangible assets	$	1,986.4

3.The ~~Fair~~weighted-average ~~Value~~useful life of identifiable intangible assets is approximately 21.2 years.

~~The~~3. ~~following~~Fair ~~table summarizes financial instruments measured at fair value, on a recurring basis, as of March 31, 2013:~~ Value

(in millions)	Total			Level 1		Level 2			Level 3
Trading securities	$	10.8		$	10.8	$	—		$	—
Interest rate swaps		(5.6	)		—		(5.6	)		—
Total financial instruments at fair value	$	5.2		$	10.8	$	(5.6	)	$	—

The following table summarizes financial instruments measured at fair value, on a recurring basis, as of September 30, 2013:

Level 1 investments consist of exchange-traded mutual funds and publicly traded equity investments valued at their current market prices, with unrealized gains and losses included in net income. These securities relate to a nonqualified deferred compensation plan held in trust for the benefit of plan participants and are included in other marketable securities on our balance sheet. There were no significant realized or unrealized gains or losses for these securities for any of the periods presented. Level 2 investments consist of interest rate swaps that are further discussed in Note 9, “Debt.” We determined the fair value of the interest rate swaps using standard valuation models with market-based observable inputs including forward and spot exchange rates and interest rate curves. At March 31, 2013, we did not have any investments valued using Level 3 inputs.



(in millions)	Total			Level 1		Level 2			Level 3
Trading securities	$	11.6		$	11.6	$	—		$	—
Interest rate swaps	(1.8		)	—		(1.8		)	—
Total financial instruments at fair value	$	9.8		$	11.6	$	(1.8	)	$	—

4Level 1 investments consist of exchange-traded mutual funds and publicly traded equity investments valued at their current market prices, with unrealized gains and losses included in net income. ~~Other~~These ~~Current~~securities ~~Assets~~relate to a nonqualified deferred compensation plan held in trust for the benefit of plan participants and are included in other marketable securities on our balance sheet. There were no significant realized or unrealized gains or losses for these securities for any of the periods presented. Level 2 investments consist of interest rate swaps that are further discussed in Note 9, “Debt.” We determined the fair value of the interest rate swaps using standard valuation models with market-based observable inputs including forward and spot exchange rates and interest rate curves.

~~TransUnion~~On ~~Holding~~September 4, 2013, we acquired a 100% ownership interest in e-Scan Data Systems, Inc. (“eScan”), a healthcare service business. In connection with this acquisition, the company issued a contingent obligation to the sellers that is a Level 3 instrument. The obligation has a maximum payout of $17.0 million, contingent upon eScan meeting certain performance criteria in future years. The fair value of this obligation has not yet been determined, but we expect to complete the valuation by the end of 2013. The contingent obligation will be reported as a Level 3 instrument due to the lack of an observable market.

~~Other current assets consisted of the following:~~ 16

(in millions)	TransUnionHolding March 31,2013		TransUnionHoldingDecember 31,2012
Deferred income tax assets	$	34.0	$	36.3
Prepaid expenses		29.5		33.8
Income taxes receivable		4.4		4.7
Deferred financing fees		6.0		5.7
Other		1.9		2.2
Total other current assets	$	75.8	$	82.7

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164. Other Current Assets

~~Table~~TransUnion ofHolding ~~Contents~~

~~TransUnion~~Other ~~Corp~~current assets consisted of the following:

Other current assets consisted of the following:



	TransUnion Holding
(in millions)	September 30, 2013		December 31, 2012
Deferred income tax assets	$	26.2	$	36.3
Prepaid expenses	24.7		33.8
Deferred financing fees	6.4		5.7
Income taxes receivable	3.6		4.7
Other	3.0		2.2
Total other current assets	$	63.9	$	82.7

(in millions)	TransUnionCorpSuccessorMarch 31,2013		TransUnionCorpSuccessorDecember 31,2012
Prepaid expenses	$	29.5	$	33.8
Deferred financing fees		0.2		—
Deferred income tax assets		10.5		18.9
Income taxes receivable		3.0		3.8
Receivable from TransUnion Holding		31.8		0.3
Other		1.5		1.9
Total other current assets	$	76.5	$	58.7

TransUnion Corp

~~Deferred~~Other ~~income~~current ~~tax~~ assets ~~decreased~~consisted ~~$8.4 million from December 31, 2012, due primarily to the utilization~~ of ~~U.S. federal tax loss carryforwards. The receivable from TransUnion Holding represents amounts advanced by TransUnion Corp to TransUnion Holding. This amount eliminates on~~ the ~~TransUnion Holding consolidated balance sheet but does not eliminate on the TransUnion Corp consolidated balance sheet.~~ following:

5. Other Assets



	TransUnion Corp Successor
(in millions)	September 30, 2013		December 31, 2012
Prepaid expenses	$	24.7	$	33.8
Deferred financing fees	0.2		—
Deferred income tax assets	4.7		18.9
Income taxes receivable	—		3.8
Receivable from TransUnion Holding	3.6		—
Other	2.9		2.2
Total other current assets	$	36.1	$	58.7

The receivable from TransUnion Holding represents amounts advanced by TransUnion Corp to TransUnion Holding. This amount eliminates on the TransUnion Holding consolidated balance sheet but does not eliminate on the TransUnion Corp consolidated balance sheet.

5. Other ~~assets consisted of the following:~~ Assets

	TransUnionHoldingMarch 31,2013		TransUnionHoldingDecember 31,2012
(in millions)
Investments in affiliated companies	$	91.7	$	88.6
Deferred financing fees		33.2		34.0
Deposits		7.0		6.3
Other		0.9		0.9
Total other assets	$	132.8	$	129.8

TransUnion Holding

~~TransUnion~~Other ~~Corp~~assets consisted of the following:

Other assets consisted of the following:



	TransUnion Holding
(in millions)	September 30, 2013		December 31, 2012
Investments in affiliated companies	$	89.7	$	88.6
Deferred financing fees	30.2		34.0
Deposits	14.8		6.3
Other	0.8		0.9
Total other assets	$	135.5	$	129.8

	TransUnionCorpSuccessorMarch 31,2013		TransUnionCorpSuccessorDecember 31,2012
(in millions)
Investments in affiliated companies	$	91.7	$	88.6
Deferred financing fees		0.6		—
Deposits		7.0		6.3
Other		0.8		0.8
Total other assets	$	100.1	$	95.7

17Table of Contents

~~Table~~TransUnion ~~of Contents~~Corp

6.Other ~~Investments~~assets inconsisted ~~Affiliated~~of ~~Companies~~the following:

Investments in affiliated companies represent our investment in non-consolidated domestic and foreign entities. These entities are in businesses similar to ours, such as credit reporting, credit scoring and credit monitoring services. All of the investments in affiliated companies are owned by TransUnion Corp. TransUnion Holding has no equity method investments other than the equity method investments owned by TransUnion Corp. These investments are included in other assets on the balance sheet.



	TransUnion Corp Successor
(in millions)	September 30, 2013		December 31, 2012
Investments in affiliated companies	$	89.7	$	88.6
Deferred financing fees	0.5		—
Deposits	14.8		6.3
Other	0.8		0.8
Total other assets	$	105.8	$	95.7

We6. ~~use~~Investments ~~the equity method to account for investments~~ in ~~affiliates~~Affiliated where we have at least a 20% ownership interest or where we are able to exercise significant influence. For these investments, we adjust the carrying value for our proportionate share of the affiliates’ earnings, losses and distributions, as well as for purchases and sales of our ownership interest. Companies

WeInvestments ~~use~~in ~~the~~affiliated ~~cost~~companies ~~method~~represent our investment in non-consolidated domestic and foreign entities. These entities are in businesses similar to ~~account~~ ~~for~~ours, ~~all~~such ~~other~~as ~~nonmarketable~~credit reporting, credit scoring and credit monitoring services. All of the investments in affiliated companies are owned by TransUnion Corp. ~~For~~TransUnion ~~these~~Holding has no equity method investments, weother ~~adjust~~than the ~~carrying~~equity ~~value~~method ~~for~~investments ~~purchases~~owned ~~and~~by ~~sales~~TransUnion ofCorp. ~~our~~These ~~ownership~~investments ~~interests.~~are included in other assets on the balance sheet.

~~For~~We ~~all~~use the equity method to account for investments, in affiliates where we ~~adjust~~have ~~the~~at ~~carrying~~least ~~value~~a if20% weownership ~~determine~~interest ~~that~~or anwhere ~~other-than-temporary~~we ~~impairment~~are inable ~~value~~to ~~has~~exercise ~~occurred~~significant influence. ~~There~~For ~~were~~these noinvestments, ~~impairments~~we ofadjust ~~investments~~the incarrying ~~affiliated~~value ~~companies~~for ~~taken~~our in proportionate share of the ~~three~~affiliates’ ~~months~~earnings, ~~ended~~losses ~~March 31~~and distributions, ~~2013~~as orwell ~~2012.~~as for purchases and sales of our ownership interest.

~~Investments~~We inuse ~~affiliated~~the ~~companies~~cost ~~consisted~~method ofto account for all other nonmarketable investments. For these investments, we adjust the ~~following:~~carrying value for purchases and sales of our ownership interests.

(in millions)	TransUnion CorpSuccessor and TransUnionHolding March 31, 2013		TransUnion CorpSuccessor andTransUnion HoldingDecember 31, 2012
Total equity method investments	$	83.8	$	80.7
Total cost method investments		7.9		7.9
Total investments in affiliated companies	$	91.7	$	88.6

For all investments, we adjust the carrying value if we determine that an other-than-temporary impairment in value has occurred. There were no impairments of investments in affiliated companies taken in the nine months ended September 30, 2013 or 2012.

~~For~~Investments the three months ended March 31, 2013, TransUnion Holding’s and TransUnion Corp Successor’s earnings from equity method investments were $3.2 million. For the three months ended March 31, 2012, TransUnion Corp Predecessor’s earnings from equity method investments were $3.1 million. Earnings from equity method investees have been included in ~~other~~affiliated ~~income.~~companies ~~For~~consisted ~~the~~of ~~three months ended March 31, 2013, TransUnion Holding’s and TransUnion Corp Successor’s dividends received from equity method investments were $0.1 million. For~~ the three months ended March 31, 2012, TransUnion Corp Predecessor’s dividends received from equity method investments were $0.3 million. These dividends reduce the carrying value of our equity method investments. We did not receive any dividends from cost method investments in either period presented. following:

Under SEC Regulation S-X, Rule 4-08(g), our investments in TransUnion de Mexico, S.A. and Credit Information Bureau (India) Ltd. are considered significant equity method investments for TransUnion Holding, but not for TransUnion Corp. The summarized financial information required by SEC Regulation S-X, Rule 1-02(bb)(2) consisted of the following:



	TransUnion Holding and TransUnion Corp Successor
(in millions)	September 30, 2013		December 31, 2012
Total equity method investments	$	81.8	$	80.7
Total cost method investments	7.9		7.9
Total investments in affiliated companies	$	89.7	$	88.6

(in millions)	Significant EquityMethod InvestmentsThree Months EndedMarch 31, 2013
Revenue	$	21.2
Operating Income	$	9.8
Income from continuing operations	$	8.6
Net income	$	8.6

Earnings from equity method investments, included in other income, and dividends received from equity method investments consisted of the following:



(in millions)	TransUnion Holding and TransUnion Corp Successor Nine Months Ended September 30, 2013		TransUnion Holding From the Date of Inception through September 30, 2012		TransUnion Corp Successor Five Months Ended September 30, 2012		TransUnion Corp Predecessor Four Months Ended April 30, 2012
Earnings from equity method investments	$	10.3	$	5.3	$	5.3	$	4.1
Dividends received from equity method investments	$	9.4	$	8.3	$	8.3	$	0.4

~~Table of Contents~~18

7.Table ~~Other~~of ~~Current Liabilities~~ Contents

Under SEC Regulation S-X, Rule 4-08(g), our investments in TransUnion de Mexico, S.A. and Credit Information Bureau (India) Ltd. are considered significant equity method investments for TransUnion Holding, but not for TransUnion Corp. The summarized financial information for the significant equity method investments of TransUnion Holding required by SEC Regulation S-X, Rule 1-02(bb)(2) consisted of the following:

Other current liabilities consisted of the following:



(in millions)	Nine Months Ended September 30, 2013
Revenue	$	72.3
Operating Income	$	34.5
Income from continuing operations	$	28.7
Net income	$	28.7

(in millions)	TransUnionHoldingMarch 31,2013		TransUnionHoldingDecember 31,2012
Accrued payroll	$	36.6	$	64.2
Accrued interest		38.2		25.8
Deferred revenue		9.6		12.5
Accrued employee benefits		5.8		10.6
Accrued liabilities		5.6		5.6
Other		12.3		10.6
Total other current liabilities	$	108.1	$	129.3

7. Other Current Liabilities

~~Accrued~~TransUnion payroll decreased $27.6 million from year end 2012 due primarily to the payment of accrued 2012 bonuses during the three months ended March 31, 2013. Accrued interest increased $12.4 million from year end 2012 due primarily to additional interest accrued on the outstanding notes. Holding

~~TransUnion~~Other ~~Corp~~current liabilities consisted of the following:

Other current liabilities consisted of the following:



	TransUnion Holding
(in millions)	September 30, 2013		December 31, 2012
Accrued payroll	$	56.9	$	64.2
Accrued interest	35.1		25.8
Deferred revenue	8.4		12.5
Accrued employee benefits	10.1		10.6
Accrued liabilities	6.4		5.6
Other	13.8		10.6
Total other current liabilities	$	130.7	$	129.3

(in millions)	TransUnionCorpSuccessorMarch 31,2013		TransUnionCorpSuccessorDecember 31,2012
Accrued payroll	$	36.6	$	64.2
Accrued interest		22.4		3.7
Deferred revenue		9.6		12.5
Accrued liabilities		5.6		5.6
Accrued employee benefits		5.8		10.6
Other		12.1		10.4
Total other current liabilities	$	92.1	$	107.0

TransUnion Corp

~~Accrued~~Other ~~payroll~~current ~~decreased~~liabilities ~~$27.6~~consisted ~~million from year end 2012 due primarily to the payment~~ of ~~accrued 2012 bonuses during~~ the ~~three months ended March 31, 2013. Accrued interest increased $18.7 million from year end 2012 due to additional interest accrued on the outstanding notes.~~ following:



	TransUnion Corp Successor
(in millions)	September 30, 2013		December 31, 2012
Accrued payroll	$	56.9	$	64.2
Accrued interest	23.2		3.7
Income taxes payable	9.9		—
Deferred revenue	8.4		12.5
Accrued liabilities	6.4		5.6
Accrued employee benefits	10.1		10.6
Other	13.7		10.4
Total other current liabilities	$	128.6	$	107.0

~~Table~~Accrued ofinterest ~~Contents~~increased $19.5 million from December 31, 2012, due to accrued interest on the TransUnion Corp bonds, which is paid each June and December.

~~8. Other liabilities~~ 19

~~TransUnion~~Table ~~Holding~~of Contents

8. Other liabilities ~~consisted of the following:~~

(in millions)	TransUnionHoldingMarch 31,2013		TransUnionHoldingDecember 31,2012
Deferred income taxes	$	649.7	$	657.5
Retirement benefits		10.2		10.0
Unrecognized tax benefits		5.0		4.9
Other		6.8		7.0
Total other liabilities	$	671.7	$	679.4

TransUnion Holding

~~TransUnion~~Other ~~Corp~~liabilities consisted of the following:

Other liabilities consisted of the following:



	TransUnion Holding
(in millions)	September 30, 2013		December 31, 2012
Deferred income taxes	$	652.6	$	657.5
Retirement benefits	9.8		10.6
Unrecognized tax benefits	4.9		4.9
Other	10.8		6.4
Total other liabilities	$	678.1	$	679.4

(in millions)	TransUnionCorpSuccessorMarch 31,2013		TransUnionCorpSuccessorDecember 31,2012
Deferred income taxes	$	639.0	$	645.8
Retirement benefits		10.2		10.0
Unrecognized tax benefits		4.9		4.8
Other		6.7		6.8
Total other liabilities	$	660.8	$	667.4

TransUnion Corp

20Other liabilities consisted of the following:



	TransUnion Corp Successor
(in millions)	September 30, 2013		December 31, 2012
Deferred income taxes	$	642.1	$	645.8
Retirement benefits	9.8		10.6
Unrecognized tax benefits	4.8		4.8
Other	10.6		6.2
Total other liabilities	$	667.3	$	667.4

~~9. Debt~~ 20

~~Debt~~Table ~~outstanding consisted~~ of ~~the following:~~ Contents

(in millions)	TransUnionHolding March 31,2013			TransUnionHoldingDecember 31,2012			TransUnionCorpSuccessorMarch 31,2013			TransUnionCorpSuccessorDecember 31,2012
Senior secured term loan, payable in quarterly installments through February 10, 2019, including variable interest (4.25% at March 31, 2013) at LIBOR or alternate base rate, plus applicable margin	$	921.0		$	923.4		$	921.0		$	923.4
Senior secured revolving line of credit, due on February 10, 2017, variable interest (4.63% weighted average at March 31, 2013) at LIBOR or alternate base rate, plus applicable margin		—			—			—			—
11.375% notes—senior notes, principal due June 15, 2018, semi-annual interest payments, 11.375% fixed interest per annum, includes unamortized fair value adjustment at March 31, 2013 of $109.2		754.2			758.4			754.2			758.4
9.625% notes—senior unsecured PIK toggle notes, principal due June 15, 2018, semi-annual interest payments, 9.625% fixed interest per annum		600.0			600.0			—			—
8.125% notes—senior unsecured PIK toggle notes, principal due June 15, 2018, semi-annual interest payments, 8.125% fixed interest per annum, includes original issuance discount at March 31, 2013 of $1.9		398.1			398.0			—			—
Note payable for 2011 acquisition, payable in annual installments through April 15, 2013, excluding imputed interest of 10.0%		0.9			0.9			0.9			0.9
Capital lease obligations		0.2			0.2			0.2			0.2
Total debt	$	2,674.4		$	2,680.9		$	1,676.3		$	1,682.9
Less short-term debt and current maturities		(10.5	)		(10.6	)		(10.5	)		(10.6	)
Total long-term debt	$	2,663.9		$	2,670.3		$	1,665.8		$	1,672.3

9. Debt

21Debt outstanding consisted of the following:



	TransUnion Holding						TransUnion Corp Successor
(in millions)	September 30, 2013			December 31, 2012			September 30, 2013			December 31, 2012
Senior secured term loan, payable in quarterly installments through February 10, 2019, including variable interest (4.25% at September 30, 2013) at LIBOR or alternate base rate, plus applicable margin	$	916.3		$	923.4		$	916.3		$	923.4
Senior secured revolving line of credit, due on February 10, 2017, variable interest (4.63% weighted average at September 30, 2013) at LIBOR or alternate base rate, plus applicable margin	65.0			—			65.0			—
11.375% notes—senior notes, principal due June 15, 2018, semi-annual interest payments, 11.375% fixed interest per annum, includes unamortized fair value adjustment at September 30, 2013 of $100.5	745.5			758.4			745.5			758.4
9.625% notes—senior unsecured PIK toggle notes, principal due June 15, 2018, semi-annual interest payments, 9.625% fixed interest per annum	600.0			600.0			—			—
8.125% notes—senior unsecured PIK toggle notes, principal due June 15, 2018, semi-annual interest payments, 8.125% fixed interest per annum, includes original issuance discount at September 30, 2013 of $1.8	398.2			398.0			—			—
Note payable for 2011 acquisition, payable in annual installments through April 15, 2013, excluding imputed interest of 10.0%	—			0.9			—			0.9
Capital lease obligations	1.6			0.2			1.6			0.2
Total debt	$	2,726.6		$	2,680.9		$	1,728.4		$	1,682.9
Less short-term debt and current portion of long-term debt	(76.1		)	(10.6		)	(76.1		)	(10.6		)
Total long-term debt	$	2,650.5		$	2,670.3		$	1,652.3		$	1,672.3

~~Interest expense consisted of the following:~~ 21

(in millions)	TransUnionHolding ThreeMonths EndedMarch 31,2013			TransUnionHolding FromInception DateThroughMarch 31,2012		TransUnionCorpSuccessorThree MonthsEnded March31, 2013			TransUnionCorpPredecessorThree MonthsEnded March31, 2012
Senior secured term loan	$	11.7		$	—	$	11.7		$	11.7
11.375% notes		14.2			—		14.2			18.8
9.625% notes:		15.5			1.5		—			—
8.125 % notes:		8.5			—		—			—
Other		(0.1	)		—		(0.1	)		0.2
Total interest	$	49.8		$	1.5	$	25.8		$	30.7

Table of Contents

Interest expense consisted of the following:

TransUnion Holding



(in millions)	TransUnion Holding Nine Months Ended September 30, 2013		TransUnion Holding From Inception Date Through September 30, 2012		TransUnion Corp Successor Nine Months Ended September 30, 2013		TransUnion Corp Successor Five Months Ended September 30, 2012		TransUnion Corp Predecessor Four Months Ended April 30, 2012
Senior secured term loan	$	33.0	$	21.9	$	33.0	$	21.9	$	15.6
Senior secured revolving line of credit	0.2		—		0.2		—		—
11.375% notes	42.1		24.0		42.1		24.0		25.1
9.625% notes	46.6		31.4		—		—		—
8.125 % notes	25.5		—		—		—		—
Other	0.7		0.1		0.6		0.1		(0.2		)
Total interest	$	148.1	$	77.4	$	75.9	$	46.0	$	40.5

~~9.625%~~TransUnion ~~Notes~~ Holding

~~In connection with the acquisition of TransUnion Corp, on March 21, 2012, TransUnion Holding issued $600.0 million principal amount of~~ 9.625%~~/10.375%~~ senior unsecured PIK toggle notes (the “9.625% notes”) due June 15, 2018. Pursuant to a registration rights agreement, these notes were registered with the SEC. TransUnion Holding is required to pay interest on the 9.625% notes in cash unless certain conditions described in the indenture governing the notes are satisfied, in which case the Company will be entitled to pay interest for such period by increasing the principal amount of the notes or by issuing new notes (such increase being referred to as “PIK,” or paid-in-kind interest) to the extent described in the indenture. Notes

~~The~~In ~~indenture~~connection ~~governing~~with the acquisition of TransUnion Corp, on March 21, 2012, TransUnion Holding issued $600.0 million principal amount of 9.625%/10.375% senior unsecured PIK toggle notes ~~contains~~(“9.625% ~~nonfinancial~~notes”) ~~covenants~~due ~~that~~June 15, ~~include~~2018, ~~restrictions~~in ona ~~our~~private ~~ability~~placement to ~~pay~~certain ~~dividends~~investors. orPursuant ~~distributions, repurchase~~to ~~equity,~~a ~~prepay~~registration ~~junior~~rights ~~debt~~agreement, ~~make~~these ~~certain~~notes ~~investments,~~were ~~incur~~subsequently ~~additional~~registered ~~debt,~~with ~~issue~~the ~~certain~~SEC. ~~stock,~~TransUnion ~~incur~~Holding ~~liens~~is required to pay interest on ~~property,~~the ~~merge,~~9.625% ~~consolidate~~notes orin ~~sell~~cash unless certain ~~assets,~~conditions ~~enter~~described ~~into~~in ~~transactions~~the ~~with~~indenture ~~affiliates,~~governing ~~and~~the ~~allow~~notes toare ~~exist~~satisfied, ~~certain restrictions~~in onwhich case the ~~ability~~TransUnion ofHolding ~~subsidiaries~~will be entitled to pay ~~dividends~~interest orfor ~~make~~such ~~other~~period ~~payments~~by toincreasing the ~~Company.~~principal Weamount ~~are~~of the notes or by issuing new notes (such increase being referred to as “PIK,” or paid-in-kind ~~compliance~~interest) ~~with~~to ~~all~~the ~~covenants~~extent ~~under~~described in the indenture.

8The indenture governing the 9.~~125~~625% ~~Notes~~notes contains nonfinancial covenants that include restrictions on our ability to pay dividends or distributions, repurchase equity, prepay junior debt, make certain investments, incur additional debt, issue certain stock, incur liens on property, merge, consolidate or sell certain assets, enter into transactions with affiliates, and allow to exist certain restrictions on the ability of subsidiaries to pay dividends or make other payments to TransUnion Holding. We are in compliance with all covenants under the indenture.

~~On November 1, 2012, TransUnion Holding issued $400.0 million principal amount of~~ 8.125%~~/8.875%~~ senior unsecured PIK toggle notes (the “8.125% notes”) due June 15, 2018, at an offering price of 99.5% in a private placement to certain investors. The 8.125% notes contain a registration rights agreement that will require us to exchange the notes for an equal amount of notes registered with the SEC. TransUnion Holding is required to pay interest on the 8.125% notes in cash unless certain conditions described in the indenture governing the notes are satisfied, in which case the Company will be entitled to pay interest for such period by increasing the principal amount of the notes or by issuing new notes to the extent described in the indenture. Notes

~~The~~On ~~indenture~~November 1, ~~governing~~2012, ~~the~~TransUnion Holding issued $400.0 million principal amount of 8.125%/8.875% senior unsecured PIK toggle notes ~~and~~(“8.125% notes”) due June 15, 2018, at an offering price of 99.5% in a private placement to certain investors. Pursuant to a registration rights agreement, these notes were subsequently registered with the ~~nonfinancial~~SEC. ~~covenants~~TransUnion ~~are~~Holding ~~substantially~~is ~~similar~~required to ~~those~~pay ~~governing~~interest on the 98.~~625~~125% notes. Wein cash unless certain conditions described in the indenture governing the notes are satisfied, in ~~compliance~~ ~~with~~which ~~all~~case ~~covenants~~TransUnion ~~under~~Holding will be entitled to pay interest for such period by increasing the principal amount of the notes or by issuing new notes to the extent described in the indenture.

~~TransUnion~~The ~~Corp~~indenture governing the 8.125% notes and the nonfinancial covenants are substantially identical to those governing the 9.625% notes. We are in compliance with all covenants under the indenture.

~~Senior~~TransUnion ~~Secured Credit Facility~~ Corp

~~The~~Senior ~~Company~~Secured ~~has~~Credit entered into a senior secured credit facility with various lenders. This credit facility consists of a seven-year $950.0 million senior secured term loan and a $210.0 million senior secured revolving line of credit. Interest rates on the borrowings are based on the London Interbank Offered Rate (“LIBOR”) unless otherwise elected. On February 5, 2013, the Company signed amendment No. 4 to its senior secured credit facility, which became effective March 1, 2013, and expensed $2.4 million of related loan fees. The amendment, among other things, lowered the floor on the term loan from 1.50% to 1.25%, lowered the margin on the term loan from 4.00% to 3.00%, extended the term loan maturity date one year to February 2019, delayed the first required excess cash payments until 2014, and relaxed certain covenant requirements. Facility

22TransUnion LLC entered into a senior secured credit facility with various lenders that consists of a seven-year $950.0 million senior secured term loan and a $210.0 million senior secured revolving line of credit. Interest rates on the borrowings are based on the London Interbank Offered Rate (“LIBOR”) unless otherwise elected. On February 5, 2013, TransUnion LLC signed amendment No. 4 to its senior secured credit facility, which became effective March 1, 2013 and expensed $2.4 million of related

~~Table of Contents~~22

~~With~~Table ~~certain exceptions, the obligations are secured by a first-priority security interest in substantially all~~ of the assets of Trans Union LLC, including its investments in subsidiaries. The credit facility contains various restrictions and nonfinancial covenants, along with a senior secured net leverage ratio test that only applies to periods in which we have outstanding amounts drawn on the revolving line of credit. The nonfinancial covenants include restrictions on dividends, investments, dispositions, future borrowings and other specified payments, as well as additional reporting and disclosure requirements. The credit facility restrictions and covenants exclude any impact of the purchase accounting fair value adjustments or the increased amortization expense resulting from the 2012 Change in Control Transaction. We are in compliance with all of the covenants under the credit facility. Contents

Onloan ~~April 30,~~fees. ~~2012~~The amendment, weamong ~~entered~~other ~~into~~things, ~~swap~~lowered ~~agreements that effectively fixed~~ the ~~interest~~floor ~~payments~~ on ~~a portion of~~ the term loan atfrom 2.033%, plus the applicable margin, beginning March 28, 2013. Under the swap agreements, which we have designated as cash flow hedges, we pay a fixed rate of interest of 2.033% and receive a variable rate of interest equal to the greater of 1.50% ~~or the 3-month LIBOR. The net amount~~ to ~~be paid or received will be recorded as an adjustment to interest expense~~1. ~~The change in fair value of the swap instrument is recorded in accumulated other comprehensive income (loss)~~25%, ~~net~~lowered ~~of tax, in~~ the ~~consolidated~~margin ~~statements~~on ~~of comprehensive income to~~ the ~~extent~~term ~~the~~loan ~~hedge~~from is4.00% ~~effective, and in other income and expense in the consolidated statements of income~~ to ~~the extent the hedge is ineffective~~3. ~~The total notional amount of the swaps at March 31~~00%, ~~2013~~extended ~~was $500 million and is scheduled to decrease as scheduled principal payments are made on~~ the term loan. ~~The~~maturity ~~total~~date ~~fair~~one ~~value~~year ofto ~~the~~February ~~swap instruments as of March 31~~2019, ~~2013,~~ ~~was~~delayed ~~a liability of $5.6 million and was included in other liabilities on our consolidated balance sheet. The net of tax unrealized loss on~~ the ~~swap~~first ~~instruments~~required asexcess of March 31, 2013, of $3.5 million was included in accumulated other comprehensive income (loss). For the three months ended March 31, 2013, there was no ineffectiveness recorded in the statement of income. The cash ~~flows~~payments onuntil ~~the hedge instrument begin on June 28~~2014, ~~2013,~~ and werelaxed docertain ~~not~~covenant ~~currently expect to elect a non-LIBOR loan or to pay down our term loan below the notional amount of the swaps in the next 12 months~~requirements.

11With certain exceptions, the obligations are secured by a first-priority security interest in substantially all of the assets of Trans Union LLC, including its investments in subsidiaries.~~375%~~ ~~Notes~~ The credit facility contains various restrictions and nonfinancial covenants, along with a senior secured net leverage ratio test that only applies to periods in which we have outstanding amounts borrowed against the revolving line of credit. The nonfinancial covenants include restrictions on dividends, investments, dispositions, future borrowings and other specified payments, as well as additional reporting and disclosure requirements. The credit facility restrictions and covenants exclude any impact of the purchase accounting fair value adjustments or the increased amortization expense resulting from the 2012 Change in Control Transaction. On September 3, 2013, we borrowed $65.0 million against the senior secured revolving line of credit to partially fund the eScan acquisition. As of September 30, 2013, the entire $65.0 million borrowed against the senior secured revolving line of credit remained outstanding, and our senior secured net leverage ratio was 2.01 to 1. We are in compliance with all of the covenants under the credit facility.

InOn ~~connection~~April 30, ~~with~~2012, ~~the~~we ~~acquisition~~entered ofinto ~~51.0%~~swap ofagreements that effectively fixed the ~~common~~interest ~~stock~~payments on a portion of ~~TransUnion~~the ~~Corp~~term loan at 2.033%, byplus ~~MDCPVI~~the TUapplicable ~~Holdings~~margin, ~~LLC,~~beginning ~~on June~~March 1528, ~~2010, Trans~~2013. ~~Union~~Under ~~LLC~~the ~~and~~swap ~~its~~agreements, ~~wholly-owned~~which ~~subsidiary~~we ~~TransUnion~~have ~~Financing~~designated ~~Corporation~~as cash flow hedges, ~~issued~~we ~~$645.0~~pay ~~million~~a fixed rate of ~~senior~~interest 11of 2.~~375~~033% ~~notes~~and ~~due~~receive ~~June 15,~~a ~~2018~~variable (rate of interest equal to the ~~“11~~greater of 1.~~375~~50% ~~notes”)~~or the 3-month LIBOR. The ~~11.375%~~net ~~Notes~~amount ~~are~~to ~~guaranteed~~be bypaid ~~TransUnion~~or ~~Corp~~received is recorded as an adjustment to interest expense. ~~and~~The ~~certain wholly~~change ~~owned~~in ~~domestic~~fair ~~subsidiaries~~value of ~~Trans~~the ~~Union~~swap ~~LLC.~~instrument ~~Pursuant~~is torecorded ain ~~registration~~other ~~rights~~comprehensive ~~agreement~~income (loss), ~~these~~net ~~notes~~of ~~have~~tax, ~~been~~in ~~registered~~the ~~with~~consolidated ~~the~~statements ~~SEC.~~of Ascomprehensive aincome ~~result~~to ofthe extent the ~~2012~~hedge ~~Change~~is effective, and in ~~Control~~other ~~Transaction,~~income aand ~~purchase~~expense ~~accounting~~in ~~fair~~the ~~value~~consolidated ~~adjustment increase~~statements of income to the extent the hedge is ineffective. The total notional amount of the swaps at September 30, 2013 was $~~124~~475.20 million ~~was~~and ~~allocated~~is scheduled to ~~the~~decrease ~~11.375%~~as ~~notes.~~scheduled ~~The~~principal ~~indenture~~payments ~~governing~~are made on the 11term loan.~~375%~~ ~~notes~~The ~~contains~~total ~~nonfinancial~~fair ~~covenants~~value ~~that~~of ~~include~~the ~~restrictions~~swap oninstruments ~~dividends,~~as ~~investments~~of September 30, ~~dispositions~~2013, ~~future~~was ~~borrowings~~a liability of $1.8 million and ~~other~~was ~~specified payments,~~included asin ~~well~~other asliabilities ~~additional~~on ~~reporting~~our ~~and~~consolidated ~~disclosure~~balance ~~requirements~~sheet. The ~~covenants~~net ~~exclude~~of tax unrealized loss on the ~~impact~~swap instruments as of ~~the~~September 30, ~~purchase~~2013, ~~accounting~~of ~~fair~~$1.1 ~~value~~million ~~adjustment~~was included in accumulated other comprehensive income (loss). For the three and nine months ended September 30, 2013, there was no ineffectiveness recorded in the ~~increased~~statement ~~amortization~~of ~~expense~~income. ~~resulting~~The ~~from~~cash flows on the ~~2012~~hedge ~~Change~~instrument inbegan ~~Control~~on ~~Transaction~~June 28, 2013. We ~~are~~ indo ~~compliance~~not ~~with~~currently ~~all~~expect ~~covenants~~to ~~under~~elect a non-LIBOR loan or to pay down our term loan below the ~~indenture.~~notional amount of the swaps in the next 12 months.

~~Fair~~11.375% ~~Value of Debt~~ Notes

~~The~~In ~~estimated~~connection ~~fair~~with ~~values~~the 2010 Change in Control Transaction, on June 15, 2010, Trans Union LLC and its wholly-owned subsidiary TransUnion Financing Corporation, issued $645.0 million of ~~our~~senior 911.~~625~~375%, 8notes (“11.~~125~~375% ~~and~~notes”) due June 15, 2018. The 11.375% notes asare guaranteed by TransUnion Corp and certain wholly owned domestic subsidiaries of ~~March 31,~~TransUnion ~~2013~~LLC. Pursuant to a registration rights agreement, these notes were ~~$654.0~~subsequently ~~million,~~registered ~~$426~~with the SEC.5 ~~million~~As ~~and~~a ~~$743.4~~result ~~million~~of the 2012 Change in Control Transaction, ~~respectively,~~ ~~compared~~a topurchase ~~book~~accounting ~~values~~fair value adjustment increase of $~~600~~124.02 million, ~~$398.1~~was ~~million~~allocated to the senior notes and ~~$754.2~~is ~~million,~~being ~~respectively~~amortized. The ~~fair~~indenture ~~value~~governing ofthe ~~these~~11.375% ~~fixed-rate~~ notes, ascontains ~~determined~~nonfinancial ~~under~~covenants ~~Level~~that 2include ofrestrictions ~~the~~on ~~fair-value~~dividends, ~~hierarchy~~investments, isdispositions, ~~measured~~future ~~using~~borrowings ~~quoted~~and ~~market~~other ~~prices.~~specified ~~The book~~payments, ~~value~~as ofwell ~~our~~as ~~variable-rate~~additional ~~debt~~reporting ~~approximates~~and ~~its~~disclosure ~~fair value~~requirements. The ~~estimated~~covenants ~~fair~~exclude ~~value~~the impact of ~~our~~the ~~debt~~purchase ~~may~~accounting ~~not~~fair ~~represent~~value ~~the~~adjustment ~~actual~~and ~~settlement~~the ~~value~~increased ~~due~~amortization toexpense ~~redemption~~resulting ~~premiums~~from ~~and~~the ~~prepayment~~2012 ~~penalties~~Change ~~that~~in weControl ~~may~~Transaction. ~~incur~~We are in ~~connection~~compliance with ~~extinguishing~~ ~~our~~all ~~debt~~covenants ~~before~~under ~~its~~the ~~stated maturity~~indenture.

~~10.~~Fair ~~Income~~Value ~~Taxes~~of Debt

OnThe ~~January 2,~~estimated ~~2013,~~fair ~~the~~values ~~look-through rule under subpart F~~ of ~~the~~our U9.S625%, 8.125% ~~Internal~~and ~~Revenue~~11.375% ~~Code~~notes ~~was~~as ~~retroactively~~of ~~reinstated to January~~September 130, ~~2012. Consequently~~2013, inwere ~~the~~$652.5 ~~first quarter of 2013~~million, we$424.0 ~~reversed~~million ~~the~~and ~~tax~~$718.4 ~~expense~~million, werespectively, ~~recorded~~compared ~~for Subpart F in 2012 due~~ to ~~the~~book ~~expiration~~values of ~~the~~$600.0 ~~look-through rule~~million, ~~resulting in a~~ $4398.62 million ~~deferred~~and ~~tax benefit. We also recorded a~~ $5745.5 million, ~~deferred~~respectively. ~~tax~~The ~~expense~~fair ~~under~~value ~~ASC~~of ~~740-30~~these ~~for the effect that retroactively reinstating the look~~fixed-~~through~~rate ~~rule~~notes, ~~had~~as ondetermined ~~our~~under ~~deferred~~Level ~~tax~~2 ~~liability~~of ~~for~~the ~~pre~~fair-~~acquisition~~value ~~unremitted~~hierarchy, ~~earnings~~is ~~accumulated~~measured asusing ofquoted ~~April 30,~~market ~~2012~~prices. The ~~subpart~~book ~~F provisions~~value ~~require~~of ~~U.S.~~our ~~corporate~~variable-rate ~~shareholders~~debt toapproximates ~~recognize~~its ~~current~~fair Uvalue.S. ~~taxable~~The ~~income~~estimated ~~from~~fair ~~passive~~value ~~income at certain foreign subsidiaries, such as dividends earned, regardless~~ of ~~whether~~our ~~that~~debt ~~income~~may isnot ~~further~~represent ~~remitted to~~ the ~~U.S.~~actual ~~The~~settlement ~~look-through rule~~value ~~had~~due ~~provided an exception~~ to ~~this~~redemption ~~recognition~~premiums ~~for~~and ~~subsidiary~~prepayment ~~passive~~penalties ~~income~~that ~~attributable to an active business. Beginning in 2012, under ASC 740-30,~~ we ~~recorded~~may ~~tax expense for the income tax we would~~ incur ~~under~~in ~~subpart~~connection Fwith ifextinguishing our ~~foreign earnings~~debt ~~were~~before ~~distributed~~its upstated ~~our foreign chain of ownership, but not remitted to the U~~maturity.S.

~~TransUnion~~10. ~~Holding~~Income Taxes

~~For~~On ~~the~~January ~~three months ended March 31~~2, 2013, wethe ~~reported~~look-through arule ~~loss~~under ~~before~~subpart ~~income~~F ~~taxes and an effective tax rate benefit~~ of 15the U.3%S. ~~The~~Internal ~~effective~~Revenue ~~tax~~Code ~~rate~~ was ~~lower~~retroactively ~~than~~reinstated ~~the~~to ~~35%~~January U1, 2012.S. ~~federal~~Consequently, ~~statutory~~in ~~rate~~the ~~due~~first ~~primarily~~quarter toof ~~the~~2013, ~~$5.5~~we ~~million~~reversed ~~increase~~the ~~to deferred~~ tax expense ~~under~~we ~~ASC~~recorded ~~740-30~~for asSubpart ~~discussed~~F ~~above~~income ~~and~~in a2012 ~~$1.2~~due ~~million~~to ~~increase~~the toexpiration ~~deferred~~of ~~tax~~the ~~expense~~look-through ~~from~~rule, ~~the~~resulting ~~update~~in ofa ~~our~~$4.6 million deferred ~~state income~~ tax ~~rate,~~benefit. ~~partially~~We ~~offset~~also byrecorded a $05.85 million ~~favorable~~deferred tax ~~rate~~expense ~~differential~~under onASC ~~foreign~~740-30 ~~earnings~~for ~~and~~the effect that retroactively reinstating the ~~$4.6~~look-through ~~million~~rule ~~favorable~~had ~~impact~~on ofour ~~the~~deferred ~~reinstatement~~tax ofliability ~~the~~for ~~look~~pre-~~through~~acquisition ~~rule~~unremitted earnings accumulated as ~~discussed~~of ~~above~~April 30, 2012.

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~~From~~TransUnion the date of inception through March 31, 2012, we reported a loss from continuing operations before income taxes and an effective tax rate benefit of 0% due to the impact of a full valuation allowance on all deferred tax assets recorded at that time. Holding

~~The~~For ~~total~~the ~~amount~~three ofmonths ~~unrecognized~~ended ~~tax~~September ~~benefits as of March 31~~30, 2013, ~~and~~the ~~December 31,~~effective ~~2012,~~tax ~~was~~rate ~~$4.9 million as~~ of ~~each~~156% ~~date.~~was ~~The~~higher ~~amount~~than ofthe ~~unrecognized~~35% ~~tax~~U.S. ~~benefit~~federal ~~that~~statutory ~~would affect the effective tax~~ rate, ifdue ~~recognized,~~primarily ~~was~~to ~~also~~interim ~~$4.9~~tax ~~million~~expense asunder ofASC ~~each date~~740-270. ~~The~~For ~~accrued~~the ~~interest~~three ~~payable~~months ~~for~~ended ~~taxes~~September ~~as of March 31~~30, ~~2013, and December 31,~~ 2012, ~~was~~the ~~$0.5~~effective ~~million~~tax asrate of ~~each date~~27.8% ~~There~~ was nolower ~~significant~~than ~~liability~~the ~~for~~35% ~~tax penalties as of March 31, 2013, or December 31, 2012~~U.S. ~~We are regularly audited by~~ federal, ~~state~~statutory ~~and~~rate ~~foreign~~due ~~taxing~~primarily ~~authorities.~~to ~~Given the uncertainties inherent in the audit process, it is reasonably possible that certain audits could result in~~ a ~~significant~~favorable ~~increase~~tax orrate ~~decrease~~differential inon the ~~total~~company’s ~~amounts~~foreign ~~of unrecognized tax benefits~~earnings.

~~TransUnion~~For ~~Corp~~the nine months ended September 30, 2013, the effective tax rate was not meaningful as we recognized tax expense on a loss from operations due primarily to interim tax expense under ASC 740-270. From the date of inception through September 30, 2012, the effective tax rate of 52.6% was higher than the 35% U.S. federal statutory rate due primarily to the lapse of the look-through rule and non-deductible transaction costs related to the 2012 Change in Control Transaction, partially offset by a favorable tax rate differential on the company’s foreign earnings.

The ~~effective~~total amount of unrecognized tax ~~rate~~benefits as of ~~37.5%~~September ~~for~~30, ~~the~~2013, ~~three~~and ~~months~~December ~~ended March~~ 31, ~~2013~~2012, was ~~higher~~$4.9 ~~than~~million ~~the~~and ~~35%~~$4.9 Umillion, respectively.S. ~~federal~~These ~~statutory~~same amounts would affect the effective tax rate, ~~due~~if ~~primarily~~recognized. toThe ~~the increase~~accrued tointerest ~~deferred~~payable ~~tax~~for ~~expense~~taxes ~~under~~as ~~ASC~~of ~~740-~~September 30, as2013, ~~discussed~~and ~~above~~December 31, 2012, was $0.6 million and an$0.5 ~~increase~~million, inrespectively. ~~our~~There ~~deferred~~was ~~state~~no ~~income~~significant liability for tax ~~rate~~penalties as of September 30, ~~partially~~2013, ~~offset~~or December 31, 2012. We are regularly audited by federal, state and foreign taxing authorities. Given the ~~favorable~~uncertainties ~~tax~~inherent ~~rate~~in ~~differential~~the onaudit ~~foreign~~process, ~~earnings~~it ~~and~~is ~~favorable~~reasonably ~~impact~~possible ofthat certain audits could result in a significant increase or decrease in the ~~reinstatement~~total amounts of ~~the look-through~~unrecognized ~~rule.~~tax benefits.

~~The~~TransUnion effective tax rate of 62.7% for the three months ended March 31, 2012, was higher than the 35% U.S. federal statutory rate due primarily to a change in the Company’s cash repatriation plans, the expiration of the look-through rule and the application of ASC 740-30 to the unremitted earnings of our foreign subsidiaries. Corp

~~The~~For ~~total~~the ~~amount~~three ofmonths ~~unrecognized~~ended ~~tax~~September ~~benefits as of March 31~~30, 2013, ~~and~~the ~~December 31,~~effective ~~2012,~~tax ~~was~~rate ~~$4.8 million as~~ of ~~each date~~28.3% ~~The~~was ~~amount~~lower ~~of unrecognized~~than ~~tax~~the ~~benefit~~35% ~~that~~U.S. ~~would~~federal ~~affect~~statutory ~~the effective tax~~ rate, ifdue ~~recognized,~~primarily ~~was~~to ~~also~~a ~~$4.8~~reduction ~~million~~in asstate ofdeferred ~~each~~tax ~~date~~expense. ~~The~~For ~~accrued~~the ~~interest~~three ~~payable~~months ~~for~~ended ~~taxes~~September ~~as of March 31~~30, ~~2013, and December 31,~~ 2012, ~~was~~the ~~$0.5~~effective ~~million~~tax asrate of ~~each date~~32. ~~There~~4% was nolower ~~significant~~than ~~liability~~the ~~for~~35% ~~tax penalties as of March 31, 2013, or December 31, 2012~~U.S. ~~We are regularly audited by~~ federal, ~~state~~statutory ~~and~~rate ~~foreign~~due ~~taxing~~primarily ~~authorities.~~to ~~Given the uncertainties inherent in the audit process, it is reasonably possible that certain audits could result in~~ a ~~significant~~favorable ~~increase~~tax orrate ~~decrease~~differential inon the ~~total~~company’s ~~amounts~~foreign ~~of unrecognized tax benefits~~earnings.

11For the nine months ended September 30, 2013, the effective tax rate of 30.9% ~~Operating~~was ~~Segments~~lower than the 35% U.S. federal statutory rate due primarily to a favorable tax rate differential on the company’s foreign earnings. For TransUnion Corp Successor, the effective tax rate of 36.4% for the five months ended September 30, 2012, was higher than the 35% U.S. federal statutory rate due primarily to the lapse of the look-through rule and state taxes, partially offset by a favorable tax rate differential on the company’s foreign earnings. For the four months ended April 30, 2012, TransUnion Corp Predecessor reported a loss before income taxes. The effective tax benefit rate for this period of 18.0% was lower than the 35% U.S. federal statutory rate due primarily to the application of ASC 740-30 to our unremitted foreign earnings, the non-deductibility of certain costs incurred in connection with the 2012 Change in Control Transaction and limitations on our foreign tax credits.

~~Operating~~The ~~segments~~total ~~are~~amount ~~businesses~~of ~~for~~unrecognized ~~which~~tax ~~separate~~benefits ~~financial~~as ~~information~~of isSeptember ~~available~~30, 2013, and ~~evaluated~~December ~~regularly~~31, by2012, ~~the~~was ~~chief~~$4.8 ~~operating decision-maker~~million inand ~~deciding~~$4.8 ~~how~~million, torespectively. ~~allocate~~These ~~resources~~same amounts would affect the effective tax rate, if recognized. ~~This~~The ~~segment~~accrued ~~financial~~interest ~~information~~payable isfor ~~reported~~taxes onas ~~the~~of ~~basis~~September ~~that~~30, is2013, ~~used~~and December 31, 2012, was $0.6 million and $0.5 million, respectively. There was no significant liability for ~~the~~tax ~~internal~~penalties ~~evaluation~~as of ~~operating~~September ~~performance~~30, 2013 or December 31, 2012. ~~The~~We ~~accounting~~are ~~policies~~regularly ofaudited by federal, state and foreign taxing authorities. Given the ~~segments~~uncertainties ~~are~~inherent in the ~~same~~audit asprocess, ~~described~~it is reasonably possible that certain audits could result in ~~Note~~ 1,a ~~“Significant~~significant ~~Accounting~~increase ~~and~~or ~~Reporting~~decrease ~~Policies~~in the total amounts of unrecognized tax benefits.”

~~We evaluate the performance of segments based on revenue and operating income~~11. ~~Intersegment~~Operating ~~sales and transfers have been eliminated and were not material.~~ Segments

~~The~~Operating ~~following~~segments are businesses for which separate financial information is aavailable ~~more~~and ~~detailed~~evaluated ~~description~~regularly ofby the ~~three~~ chief operating ~~segments~~decision ~~and~~maker in deciding how to allocate resources. This segment financial information is reported on the ~~Corporate~~basis ~~unit,~~that ~~which~~is ~~provides~~used ~~support~~for ~~services~~the tointernal ~~each~~evaluation of operating ~~segment:~~performance. The accounting policies of the segments are the same as described in Note 1, “Significant Accounting and Reporting Policies.”

UWe evaluate the performance of segments based on revenue and operating income.S. ~~Information~~Intersegment ~~Services~~ sales and transfers have been eliminated and were not material.

~~U.S.~~The ~~Information~~following ~~Services~~is ~~(“USIS”)~~a ~~provides~~more ~~consumer~~detailed ~~reports,~~description ~~credit~~of ~~scores, verification services, analytical services and decisioning technology to businesses in~~ the ~~United~~three ~~States~~operating ~~through~~segments ~~both direct~~ and ~~indirect channels. These services are offered to customers in~~ the ~~financial~~Corporate ~~services~~unit, ~~insurance,~~which ~~healthcare~~provides ~~and~~support ~~other markets. These business customers use our products and~~ services to ~~acquire~~each ~~new~~operating ~~customers, identify cross-selling opportunities, measure and manage debt portfolio risk, collect debt, and manage fraud. This~~ segment also provides mandated consumer services, including dispute investigations, free annual credit reports and other requirements of the United States Fair Credit Reporting Act (“FCRA”), the Fair and Accurate Credit Transactions Act of 2003 (“FACTA”), and other credit-related legislation. :

~~International~~U.S. Information Services

~~The~~U.S. ~~International segment~~Information ~~provides~~Services ~~services similar to our~~ (“USIS”) ~~segment~~provides toconsumer ~~business~~reports, ~~customers outside the United States and automotive information and commercial data services to customers in select geographies. Depending on the maturity of the~~ credit ~~economy in each location~~scores, ~~services~~verification ~~may include credit reports~~services, analytical ~~and decision~~ services, and ~~risk~~decisioning ~~management~~technology ~~services. These services are offered~~ to ~~customers~~businesses in athe ~~number~~United ofStates ~~industries, including financial services, insurance, automotive, collections and communications, and are delivered~~ through both direct and indirect channels. ~~The~~These ~~International segment also provides consumer~~ services ~~similar~~are ~~to those~~ offered into our Interactive segment, such as credit reports, credit scores and credit monitoring services. The two market groups in the International segment are developed markets, which includes Canada, Hong Kong and Puerto Rico, and emerging markets, which includes South Africa, Mexico, Brazil, the Dominican Republic, India and other emerging markets.

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~~Interactive~~customers in the financial services, insurance, healthcare and other markets. These business customers use our products and services to acquire new customers, identify cross-selling opportunities, measure and manage debt portfolio risk, collect debt, manage fraud and determine and collect healthcare payments. This segment also provides mandated consumer services, including dispute investigations, free annual credit reports and other requirements of the United States Fair Credit Reporting Act (“FCRA”), the Fair and Accurate Credit Transactions Act of 2003 (“FACTA”), and other credit-related legislation.

Interactive provides services to consumers, including credit reports, scores and credit and identity monitoring services, primarily through the internet. The majority of revenue is derived from subscribers who pay a monthly fee for access to their credit report and score, and for alerts related to changes in their credit reports. International

~~Corporate~~The International segment provides services similar to our USIS and Interactive segments to business customers outside the United States and automotive information and commercial data services to customers in select geographies. Depending on the maturity of the credit economy in each location, services may include credit reports, analytical and decision services, and risk management services. These services are offered to customers in a number of industries, including financial services, insurance, automotive, collections and communications, and are delivered through both direct and indirect channels. The International segment also provides consumer services similar to those offered in our Interactive segment, such as credit reports, credit scores and credit monitoring services. The two market groups in the International segment are developed markets, which includes Canada, Hong Kong and Puerto Rico, and emerging markets, which includes Africa, Latin America, India and other emerging markets in Asia Pacific.

Corporate provides shared services for the Company and conducts enterprise functions. Certain costs incurred in Corporate that are not directly attributable to one or more of the operating segments remain in Corporate. These costs are typically for enterprise-level functions and are primarily administrative in nature. Interactive

~~Selected~~Interactive ~~financial~~provides ~~information~~services ~~consisted~~to ofconsumers, including credit reports, scores and credit and identity monitoring services, primarily through the ~~following:~~internet. The majority of revenue is derived from both direct and indirect subscribers who pay a monthly fee for access to their credit report and score, and for alerts related to changes in their credit reports.

	TransUnion CorpSuccessor March 31,2013					TransUnion CorpPredecessor March 31,2012
(in millions)	Revenue		Operatingincome(loss)			Revenue		Operatingincome(loss)
U.S. Information Services	$	183.7	$	43.1		$	180.7	$	55.6
International		55.7		2.4			56.6		14.8
Interactive		51.1		15.4			43.3		9.9
Corporate		—		(16.4	)		—		(14.7	)
Total	$	290.5	$	44.5		$	280.6	$	65.6

Corporate

OnCorporate aprovides ~~stand-alone,~~shared ~~non-consolidated~~services ~~basis,~~for ~~TransUnion~~the ~~Holding~~Company ~~incurred~~and $0conducts enterprise functions.3 ~~million~~Certain ofcosts incurred in Corporate ~~expenses~~that ~~for~~are not directly attributable to one or more of the ~~three months~~operating ~~ended~~segments ~~March 31,~~remain ~~2013~~in Corporate. These costs are typically for enterprise-level functions and are primarily administrative in nature.

ASelected ~~reconciliation~~financial ofinformation ~~operating~~consisted ~~income~~of ~~to income from operations before income taxes for~~ the ~~periods ended as presented was as follows~~following:

	TransUnion Holding						TransUnion Corp
	TransUnion Corp Successor
(in millions)	March 31,2013			March 31,2012			SuccessorMarch 31,2013			PredecessorMarch 31,2012
	Three Months Ended September 30, 2013						Three Months Ended September 30, 2012
Operating income from segments	$	44.2		$	—		$	44.5		$	65.6
(in millions)	Revenue			Operatingincome(loss)			Revenue			Operatingincome(loss)
Other income and expense, net		(50.1	)		(8.5	)		(26.1	)		(33.2	)
U.S. Information Services	$	188.3		$	41.9		$	186.1		$	47.5
Income (loss) from operations before income taxes	$	(5.9	)	$	(8.5	)	$	18.4		$	32.4
International	60.6			9.0			59.8			9.9
Interactive	50.6			16.7			45.8			20.4
Corporate	—			(17.9		)	—			(16.2		)
Total	$	299.5		$	49.7		$	291.7		$	61.6

~~Other income and expense, net, included earnings from equity method investments for the periods presented was as follows:~~ 25

(in millions)	TransUnionCorpSuccessorMarch 31,2013		TransUnionCorpPredecessorMarch 31,2012
U.S. Information Services	$	0.5	$	0.3
International		2.7		2.8
Interactive		—		—
Total	$	3.2	$	3.1

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TransUnion Holding has no equity method investments other than the equity method investments owned by TransUnion Corp.



	TransUnion Corp Successor										TransUnion Corp Predecessor
	Nine Months Ended September 30, 2013					Five Months Ended September 30, 2012					Four Months Ended April 30, 2012
(in millions)	Revenue		Operating income (loss)			Revenue		Operating income (loss)			Revenue		Operating income (loss)
U.S. Information Services	$	560.0	$	122.2		$	309.4	$	80.8		$	238.1	$	33.2
International	177.5		15.4			97.3		13.0			76.6		5.3
Interactive	153.3		48.0			75.9		31.4			58.3		13.0
Corporate	—		(51.6		)	—		(26.7		)	—		(51.7		)
Total	$	890.8	$	134.0		$	482.6	$	98.5		$	373.0	$	(0.2	)

25In addition, on a stand-alone, non-consolidated basis, TransUnion Holding incurred $0.4 million and $1.1 million of Corporate expenses for the three and nine months ended September 30, 2013, respectively, and $0.3 million and $0.7 million of Corporate expenses for the three months ended September 30, 2012 and from the date of inception through September 30, 2012, respectively.

~~Table~~A reconciliation of ~~Contents~~operating income to income (loss) before income taxes for the periods ended as presented was as follows:

12. Financial Statements of Guarantors



	TransUnion Corp Successor												TransUnion Corp Predecessor
(in millions)	Three Months Ended September 30, 2013			Three Months Ended September 30, 2012			Nine Months Ended September 30, 2013			Five Months Ended September 30, 2012			Four Months Ended April 30, 2012
Operating income (loss) from segments	$	49.7		$	61.6		$	134.0		$	98.5		$	(0.2	)
Non-operating income and expense	(22.5		)	(27.6		)	(72.1		)	(45.5		)	(63.7		)
Income (loss) before income taxes	$	27.2		$	34.0		$	61.9		$	53.0		$	(63.9	)

AsEarning ~~discussed~~from in Note 9, “Debt,” the obligations under the 11.375% notes are unsecured obligations of Trans Union LLC and TransUnion Financing Corporation. However, they are guaranteed by TransUnion Corp and certain wholly owned domestic subsidiaries of Trans Union LLC. TransUnion Holding does not guarantee the 11.375% notes. The guarantees of the guarantors are joint, several, full and unconditional. The accompanying consolidating financial information presents the financial position, results of operations and cash flows of the parent guarantor, the issuers, the guarantor subsidiaries as a group, and the non-guarantor subsidiaries as a group. Each entity’s investments in its subsidiaries, if any, are presented under the equity method. ~~The~~investments ~~domestic~~included ~~tax~~in ~~provision~~other ~~and~~income ~~related taxes receivable~~ and ~~payable~~expense, ~~and the domestic deferred tax assets and liabilities~~net, ~~are~~for ~~prepared on a consolidated basis and are not fully allocated to individual legal entities. As a result,~~ the ~~information~~periods presented iswas ~~not~~as ~~intended to present the financial position or results of operations of those entities on a stand-alone basis.~~ follows:



	TransUnion Corp Successor								TransUnion Corp Predecessor
(in millions)	Three Months Ended September 30, 2013		Three Months Ended September 30, 2012		Nine Months Ended September 30, 2013		Five Months Ended September 30, 2012		Four Months Ended April 30, 2012
U.S. Information Services	$	0.3	$	0.4	$	1.1	$	0.7	$	0.5
International	2.7		2.5		9.2		4.6		3.6
Interactive	—		—		—		—		—
Total	$	3.0	$	2.9	$	10.3	$	5.3	$	4.1

~~Table~~TransUnion ofHolding ~~Contents~~has no equity method investments other than the equity method investments owned by TransUnion Corp.

~~TRANSUNION CORP. AND SUBSIDIARIES~~ 26

~~Unaudited~~Table ~~Consolidating~~of ~~Balance Sheet—Successor~~ Contents

~~March 31,~~12. ~~2013~~Financial Statements of Guarantors

(As discussed in ~~millions)~~Note 9, “Debt,” the obligations under the 11.375% notes are unsecured obligations of Trans Union LLC and TransUnion Financing Corporation. However they are guaranteed by TransUnion Corp and certain 100% owned domestic subsidiaries of Trans Union LLC. TransUnion Holding does not guarantee the 11.375% notes. The guarantees of the guarantors are joint, several, full and unconditional. The accompanying consolidating financial information presents the financial position, income statement, comprehensive income and cash flows of the parent guarantor, the issuers, the guarantor subsidiaries as a group, and the non-guarantor subsidiaries as a group. Each entity’s investments in its subsidiaries, if any, are presented under the equity method. The domestic tax provision and related taxes receivable and payable, and the domestic deferred tax assets and liabilities, are prepared on a consolidated basis and are not fully allocated to individual legal entities. As a result, the information presented is not intended to present the financial position or results of operations of those entities on a stand-alone basis.

	ParentTransUnionCorp.			IssuersTrans UnionLLC andTransUnionFinancingCorporation			GuarantorSubsidiaries			Non-GuarantorSubsidiaries		Eliminations			TransUnionCorp.Consolidated
Assets
Current assets:
Cash and cash equivalents	$	44.1		$	—		$	—		$	73.3	$	—		$	117.4
Trade accounts receivable, net		—			106.6			24.1			50.1		—			180.8
Due from (to) affiliates		(15.1	)		(89.4	)		66.3			56.2		(18.0	)		—
Other current assets		21.8			48.7			(0.9	)		6.9		—			76.5
Total current assets		50.8			65.9			89.5			186.5		(18.0	)		374.7
Property, plant and equipment, net		—			91.1			7.9			17.3		—			116.3
Other marketable securities		—			10.8			—			—		—			10.8
Goodwill		—			1,145.6			136.2			527.2		—			1,809.0
Other intangibles, net		—			1,606.8			73.5			206.3		—			1,886.6
Other assets		1,609.9			1,065.2			2.4			45.7		(2,623.1	)		100.1
Total assets	$	1,660.7		$	3,985.4		$	309.5		$	983.0	$	(2,641.1	)	$	4,297.5
Liabilities and stockholders’ equity
Current liabilities:
Trade accounts payable	$	—		$	40.4		$	27.8		$	13.9	$	—		$	82.1
Current portion of long-term debt		—			9.5			—			19.0		(18.0	)		10.5
Other current liabilities		6.2			61.8			5.0			19.1		—			92.1
Total current liabilities		6.2			111.7			32.8			52.0		(18.0	)		184.7
Long-term debt		—			1,665.8			—			6.5		(6.5	)		1,665.8
Other liabilities		(19.2	)		589.5			2.1			88.4		—			660.8
Total liabilities		(13.0	)		2,367.0			34.9			146.9		(24.5	)		2,511.3
Redeemable noncontrolling interests		—			—			—			22.2		—			22.2
Total TransUnion Corp. stockholders’ equity		1,673.7			1,618.4			274.6			723.6		(2,616.6	)		1,673.7
Noncontrolling interests		—			—			—			90.3		—			90.3
Total stockholders’ equity		1,673.7			1,618.4			274.6			813.9		(2,616.6	)		1,764.0
Total liabilities and stockholders’ equity	$	1,660.7		$	3,985.4		$	309.5		$	983.0	$	(2,641.1	)	$	4,297.5

27Table of Contents

~~Table~~TRANSUNION ofCORP. ~~Contents~~AND SUBSIDIARIES

~~TRANSUNION~~Consolidating ~~CORP.~~Balance ~~AND~~Sheet ~~SUBSIDIARIES~~– Successor (Unaudited)

~~Consolidating~~September 30, ~~Balance~~2013 ~~Sheet—Successor~~

~~December 31,~~(in ~~2012~~ millions)

(in millions)



	Parent TransUnion Corp.			Issuers Trans Union LLC and TransUnion Financing Corporation		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			TransUnion Corp. Consolidated
Assets
Current assets:
Cash and cash equivalents	$	22.6		$	—	$	—		$	94.9	$	—		$	117.5
Trade accounts receivable, net	—			104.9		26.9			51.9		—			183.7
Due from affiliates	—			10.7		—			58.3		(69.0		)	—
Other current assets	(14.5		)	43.9		(0.4		)	7.1		—			36.1
Total current assets	8.1			159.5		26.5			212.2		(69.0		)	337.3
Property, plant and equipment, net	—			98.6		8.2			18.4		—			125.2
Other marketable securities	—			11.6		—			—		—			11.6
Goodwill	—			1,145.6		199.9			509.9		—			1,855.4
Other intangibles, net	—			1,560.8		135.7			185.7		—			1,882.2
Other assets	1,624.5			1,093.9		2.5			49.2		(2,664.3		)	105.8
Total assets	$	1,632.6		$	4,070.0	$	372.8		$	975.4	$	(2,733.3	)	$	4,317.5
Liabilities and stockholders’ equity
Current liabilities:
Trade accounts payable	$	0.1		$	46.3	$	22.5		$	13.1	$	—		$	82.0
Due to affiliates	43.8			—		7.1			—		(50.9		)	—
Short-term debt and current portion of long-term debt	—			76.1		—			18.0		(18.0		)	76.1
Other current liabilities	15.6			81.9		5.7			25.4		—			128.6
Total current liabilities	59.5			204.3		35.3			56.5		(68.9		)	286.7
Long-term debt	—			1,652.3		—			6.5		(6.5		)	1,652.3
Other liabilities	(29.7		)	585.5		32.7			78.8		—			667.3
Total liabilities	29.8			2,442.1		68.0			141.8		(75.4		)	2,606.3
Redeemable noncontrolling interests	—			—		—			18.5		—			18.5
Total TransUnion Corp. stockholders’ equity	1,602.8			1,627.9		304.8			725.2		(2,657.9		)	1,602.8
Noncontrolling interests	—			—		—			89.9		—			89.9
Total stockholders’ equity	1,602.8			1,627.9		304.8			815.1		(2,657.9		)	1,692.7
Total liabilities and stockholders’ equity	$	1,632.6		$	4,070.0	$	372.8		$	975.4	$	(2,733.3	)	$	4,317.5

	ParentTransUnionCorp.			IssuersTrans UnionLLC andTransUnionFinancingCorporation			GuarantorSubsidiaries			Non-GuarantorSubsidiaries		Eliminations			TransUnionCorp.Consolidated
Assets
Current assets:
Cash and cash equivalents	$	75.3		$	—		$	—		$	79.0	$	—		$	154.3
Trade accounts receivable, net		—			98.0			19.5			46.1		—			163.6
Due from (to) affiliates		(14.9	)		(82.5	)		46.2			56.7		(5.5	)		—
Other current assets		(0.3	)		52.7			(0.7	)		7.0		—			58.7
Total current assets		60.1			68.2			65.0			188.8		(5.5	)		376.6
Property, plant and equipment, net		—			95.8			7.8			17.6		—			121.2
Other marketable securities		—			11.4			—			—		—			11.4
Goodwill		—			961.6			324.6			518.0		—			1,804.2
Other intangibles, net		—			1,629.6			75.8			206.2		—			1,911.6
Other assets		1,611.8			1,235.2			2.2			42.4		(2,795.9	)		95.7
Total assets	$	1,671.9		$	4,001.8		$	475.4		$	973.0	$	(2,801.4	)	$	4,320.7
Liabilities and stockholders’ equity
Current liabilities:
Trade accounts payable	$	—		$	43.2		$	18.9		$	15.4	$	—		$	77.5
Current portion of long-term debt		—			9.5			—			6.6		(5.5	)		10.6
Other current liabilities		7.9			68.4			7.2			23.5		—			107.0
Total current liabilities		7.9			121.1			26.1			45.5		(5.5	)		195.1
Long-term debt		—			1,672.3			—			6.5		(6.5	)		1,672.3
Other liabilities		(13.9	)		589.6			2.0			89.7		—			667.4
Total liabilities		(6.0	)		2,383.0			28.1			141.7		(12.0	)		2,534.8
Redeemable noncontrolling interests		—			—			—			14.7		—			14.7
Total TransUnion Corp. stockholders’ equity		1,677.9			1,618.8			447.3			723.3		(2,789.4	)		1,677.9
Noncontrolling interests		—			—			—			93.3		—			93.3
Total stockholders’ equity		1,677.9			1,618.8			447.3			816.6		(2,789.4	)		1,771.2
Total liabilities and stockholders’ equity	$	1,671.9		$	4,001.8		$	475.4		$	973.0	$	(2,801.4	)	$	4,320.7

28Table of Contents

~~Table~~TRANSUNION ofCORP. ~~Contents~~AND SUBSIDIARIES

~~TRANSUNION~~Consolidating ~~CORP.~~Balance ~~AND~~Sheet ~~SUBSIDIARIES~~– Successor (Audited)

~~Unaudited~~December 31, ~~Consolidating~~2012 ~~Statement of Income—Successor~~

~~For~~(in ~~the Three Months Ended March 31, 2013~~ millions)

(in millions)



	Parent TransUnion Corp.		Issuers Trans Union LLC and TransUnion Financing Corporation		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations		TransUnion Corp. Consolidated
Assets
Current assets:
Cash and cash equivalents	$	75.3	$	—	$	—	$	79.0	$	—	$	154.3
Trade accounts receivable, net	—		98.0		19.5		46.1		—		163.6
Due from affiliates					46.2

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