Company: JLL
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001037976-25-000006
Chunk: 138

Company: JONES LANG LASALLE INC
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 138
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 225.4 654.5 (1) This adjustment excludes the noncontrolling interest portion of amortization of acquisition-related intangibles which is not attributable to common shareholders.The following table sets forth the revenue from our most significant currencies.Year Ended December 31,(in millions)202420232022United States dollar$14,402.3 12,258.9 12,375.9 British pound1,773.5 1,640.0 1,575.6 Euro1,464.9 1,436.1 1,535.6 Australian dollar1,085.3 1,036.9 1,183.0 Indian rupee823.8 661.4 591.0 Canadian dollar612.6 613.8 593.8 Hong Kong dollar567.1 544.8 532.3 Chinese yuan488.1 480.9 506.0 Singapore dollar447.3 425.4 368.4 Japanese yen346.3 286.6 233.8 Other currencies1,421.7 1,376.0 1,366.7 Total revenue$23,432.9 20,760.8 20,862.1 

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Change in Reporting StructureEffective January 1, 2025, we will report our Property Management business together with our existing Work Dynamics businesses in a segment named Real Estate Management Services. Prior period results will be restated to conform with our new reporting structure in 2025.

4.    BUSINESS COMBINATIONS, GOODWILL AND OTHER INTANGIBLE ASSETS2024 Business Combinations ActivityDuring the year ended December 31, 2024, we completed two strategic acquisitions, presented below.Acquired CompanyQuarter of AcquisitionCountryPrimary SegmentSKAE Power Solutions (SKAE)Q2United StatesWork DynamicsRaise Commercial Real Estate, Inc.Q4United StatesMarkets AdvisoryAggregate terms of our strategic and non-strategic acquisitions included: (i) cash paid at closing of $62.3 million, (ii) guaranteed deferred consideration of $14.7 million and (iii) contingent earn-out consideration of $13.5 million, payable upon satisfaction of certain performance conditions, which we have initially recorded at the acquisition date fair value.A preliminary allocation of purchase consideration resulted in (i) goodwill of $64.0 million, (ii) identifiable intangibles of $30.