First Data 2013 Annual Report Download - page 59
Download and view the complete annual report
Please find page 59 of the 2013 First Data annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49 -
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58 -
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
 |
 |
Revenues:
Transaction and processing service fees:
Merchant related services (a) $3,987.9 $3,896.3 $3,692.8
Check services 286.7 313.9 338.2
Card services (a) 1,687.3 1,737.7 1,750.6
Other services 502.4 504.2 548.4
Product sales and other (a) 837.2 866.7 852.1
Reimbursable debit network fees, postage and other 3,507.4 3,361.5 3,531.5
10,808.9 10,680.3 10,713.6
Expenses:
Cost of services (exclusive of items shown below) 2,808.8 2,863.5 2,888.4
Cost of products sold 334.0 336.3 369.6
Selling, general and administrative 1,888.8 1,825.4 1,693.7
Reimbursable debit network fees, postage and other 3,507.4 3,361.5 3,531.5
Depreciation and amortization 1,091.3 1,191.6 1,245.0
Other operating expenses:
Restructuring, net 48.0 23.1 46.4
Impairments —5.1 —
Litigation and regulatory settlements 8.0 — (2.5)
9,686.3 9,606.5 9,772.1
Operating profit 1,122.6 1,073.8 941.5
Interest income 11.1 8.8 7.9
Interest expense (1,880.7)(1,897.8)(1,833.1)
Other income (expense) (46.9) (94.3)124.1
(1,916.5)(1,983.3)(1,701.1)
Loss before income taxes and equity earnings in affiliates (793.9) (909.5)(759.6)
Income tax expense (benefit) 86.5 (224.0)(270.1)
Equity earnings in affiliates 188.3 158.2 153.4
Net loss (692.1)(527.3)(336.1)
Less: Net income attributable to noncontrolling interests and redeemable noncontrolling
interest 177.0 173.6 180.0
Net loss attributable to First Data Corporation $(869.1)$(700.9)$(516.1)
(a) Includes processing fees, administrative service fees and other fees charged to merchant alliances accounted for under the equity method of $164.2
million, $159.8 million and $146.0 million for the years ended December 31, 2013, 2012 and 2011, respectively.
See Notes to Consolidated Financial Statements.
58