1. The Company

Description of the Company

Actua Corporation (together with its subsidiaries, “Actua”) was formed on March 4, 1996 and is a multi-vertical cloud technology company with offerings that create unique and compelling value for our customers and provide transformative efficiency to vertical markets worldwide. As of March 31, 2015, Actua owned four businesses that address the needs of a specific vertical market or industry: Bolt Solutions Inc. (“Bolt”), Folio Dynamics Holdings Inc. (“FolioDynamix”), GovDelivery Holdings, Inc. (“GovDelivery”) and MSDSonline Holdings, Inc. (“MSDSonline”). Please refer to Item 1 – “Business” in Actua’s Annual Report on Form 10-K for the year ended December 31, 2014 for a more detailed description of Actua and its businesses.

Basis of Presentation

The Consolidated Financial Statements contained herein (the “Consolidated Financial Statements”) include the accounts of Actua Corporation and its wholly-owned subsidiaries, wholly-controlled subsidiaries and majority-owned subsidiaries.

Actua’s Consolidated Balance Sheets as of March 31, 2015 and December 31, 2014 include the financial position of the following majority-owned subsidiaries:


As of March 31, 2015		As of December 31, 2014
Bolt		Bolt
FolioDynamix		FolioDynamix
GovDelivery		GovDelivery
MSDSonline		MSDSonline

Actua’s Consolidated Statements of Operations and Comprehensive Income (Loss) (its “Consolidated Statements of Operations”) for the three months ended March 31, 2015 and 2014 included the results of the following majority-owned subsidiaries:

Three Months Ended March 31,
2015		2014
Bolt		Bolt
FolioDynamix (See Note 4, Consolidated Businesses)		GovDelivery
GovDelivery		MSDSonline
MSDSonline