KNOWLEDGE TO ACT
ANNUAL REPORT 2009
Knowledge to Act Isn’t Found in a Book.
If by some chance you are reading a paper copy of this report, may we recommend that you log onto
www.thomsonreuters.com and tour our annual report online? We think you’ll find it a more informative and
engaging way to learn about our company, products and performance.
This document includes summary financial information and should not be considered a substitute for our
full financial statements, including footnotes, management/auditors ’ reports, and related management’s
discussion and analysis (MD&A). You can access our 2009 audited financial statements, MD&A and other
annual disclosures in the “Investor Relations” section of our website, www.thomsonreuters.com, as well
as in our filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange
Unless otherwise noted, all revenue growth comparisons in this annual report are before the impact of
foreign currency as we believe this provides the best basis on which to measure the performance of our
business. All revenue growth and operating profit comparisons are based upon results from ongoing
businesses and exclude the results of disposals.
We believe that 2008 pro forma financial information provides more meaningful period-to-period
comparisons to our 2009 performance because Reuters results prior to the April 17, 2008 acquisition
closing date are not included in our results prepared in accordance with International Financial
Reporting Standards (IFRS), as issued by the International Accounting Standards Board. Our 2008 pro
forma results have been prepared as if Reuters had been part of our company for all of 2008. Pro forma
financial information is for informational purposes only and is unaudited. For more information
regarding how we prepare pro forma financial information, please see our 2009 annual MD&A.
We also use certain non-IFRS financial measures, such as adjusted earn