Hewlett-Packard has filed paperwork to register HP Enterprise as an independent company, an official step on the path to splitting itself in two.

The paperwork, called a Form 10, was filed with the U.S. Securities and Exchange Commission Tuesday and provides a look at how the divisions that will make up HP Enterprise performed financially over the past few years.

It shows a business that made a profit of $1.6 billion last year on revenue of $55.1 billion, down from a profit of $2.1 billion on revenue of $57.4 billion in 2013.

The way the separation is being structured, HP Enterprise is the “spin-off” company, which is why it has to file the registration papers. The other half, HP Inc., doesn’t have to file the paperwork, so we won’t get to see its finances until after the break-up. But the two companies will be about the same size.

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