MasterCard 2006 Annual Report Download

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MasterCard Annual Report 2006
Advancing commerce for everyone, everywhere

Table of contents

  • Page 1
    Advancing commerce for everyone, everywhere MasterCard Annual Report 2006

  • Page 2
    Mumbai, India Glasgow, Scotland Sydney, Australia Rio de Janeiro, Brazil Milan, Italy Cairo, Egypt Oslo, Norway Bangkok, Thailand Paris, France From Paris to Beijing, MasterCard is building connections that advance commerce around the world.

  • Page 3
    ... achieving success at MasterCard Worldwide? By creating more value, for more people, in more ways and in more places than ever before. Our brands are becoming universal symbols of welcome and acceptance - brands cardholders know they can count on everywhere they go. We're using our global technology...

  • Page 4
    2 Summary Consolidated Financial and Other Data All figures throughout report in U.S. dollars Years Ended December 31 (in millions except per-share and operating data) 2006 2005 2004 Statement of Operations Data Revenue General and Administrative Advertising and Marketing Litigation ...

  • Page 5
    ... and services, consumers and businesses who use them, merchants who accept them and regional economies that enjoy the rise in economic activity. Importantly, I believe our success in 2006 demonstrated our commitment to deliver value to you, our shareholders. As a new publicly traded company, one...

  • Page 6
    4 Letter from the President and Chief Executive Officer Dear Fellow Shareholders, For MasterCard, 2006 was no ordinary year. Through the talent and dedication of our 4,600 employees around the world, we delivered exceptional financial results and transformed our company into a publicly traded ...

  • Page 7
    ... and New Zealand; piloted advanced counterfeit card detection systems with retailer Best Denki in Singapore; and advanced MasterCard SecureCode® as a superior e-commerce security solution for customers and online merchants. We also hosted four Global Risk Management Symposia, bringing together bank...

  • Page 8
    ... basis and leading innovation in the payments industry. In 2007, we will continue to advance commerce globally, helping our customers grow profitable businesses, forging stronger ties with merchants, offering consumers more convenient ways to pay and utilizing our strengths every way we can. After...

  • Page 9
    ... of businesses, MasterCard is winning in the marketplace by delivering value that matters most to each constituent: Working with financial institutions to drive revenues by capturing an ever-increasing number of the world's payment transactions Helping merchants increase sales and enhance customer...

  • Page 10
    8 Enhanced Payments Kaohsiung, Taiwan MasterCard PayPass technology is increasingly being tested and deployed by transportation systems worldwide, including buses, ferries and trains in the city of Kaohsiung, Taiwan, and the Metropolitan Transportation Authority in New York City.

  • Page 11
    ... of modern commerce. Whether in the form of a card, key fob or wristband, MasterCard PayPass - the world's leading Tap & Goâ„¢ payment option - proved to be a better way to accomplish even the smallest transactions at gas stations, movie theaters, concession stands, vending machines, quick-serve...

  • Page 12
    ...Citi, GE Money, HSBC, JPMorgan Chase, The Royal Bank of Scotland, Santander and WaMu. It's also why so many leading merchants chose to partner with us, such as Virgin Money in Australia and South Africa; Best Buy, Barnes & Noble and Travelocity in the United States; Sam's Club in Canada, Puerto Rico...

  • Page 13
    ... the United States. Mumbai, India Working together, MasterCard, the State Bank of India and the Indian conglomerate Tata Group developed exciting new rewards programs for shoppers across India. Beverly Hills, CA, USA Rewards abound for afï¬,uent shoppers with the World Elite MasterCard - more...

  • Page 14
    ...and Processing Platform St. Louis, MO, USA The heart of the MasterCard global network, our Global Technology and Operations center processes transactions in more than 160 currencies from approximately 210 countries. For the third straight year, MasterCard captured the International HP NonStop Users...

  • Page 15
    13 Dubai, United Arab Emirates We offer businesses better ways to increase efficiency, lower costs and track expenditures on a global basis via solutions such as Smart Data Online and the MasterCard Value-Added Tax Recovery Program. More than any competitor, we're meeting the needs of an ...

  • Page 16
    ... and Insights Applying a wealth of data and expertise, we've moved well beyond the transactional, delivering value-added services and unique solutions that enable our customers to grow. Singapore Dr. Yuwa Hedrick-Wong, Singapore-based MasterCard economic advisor, is known throughout the Asia...

  • Page 17
    ... and the United States, focused on emerging security techniques and the promotion of best practices for combating payment card fraud. New York, NY, USA This year, MasterCard Advisors and Reuters partnered to provide U.S. retail sales data ahead of traditional sources. Cyprus In 2006, bank and...

  • Page 18
    ...Yonkers, NY, USA Through Junior Achievement Worldwide, MasterCard employees bring financial know-how to local schools. As a company and as a corporate citizen, MasterCard strives to attract the best people in the industry while building a culture that encourages teamwork, leadership and community...

  • Page 19
    ... Taiwan Through MasterCard consumer education programs, individuals learn the fundamentals of sound financial management. Miami, FL, USA Since opening its doors 20 years ago, our office in Miami has served as the headquarters for operations in the Latin America and Caribbean Region. St. Louis, MO...

  • Page 20
    ... Executive Officer Alan J. Heuer Chief Operating Officer W. Roy Dunbar President, Global Technology and Operations Lawrence Flanagan Chief Marketing Officer Gary Flood President, Global Account Management Noah J. Hanft General Counsel and Corporate Secretary Walter M. Macnee President, The Americas...

  • Page 21
    ... USA Telephone: 1.914.249.2000 Global Technology and Operations St. Louis, Missouri, USA Asia/Pacific Regional Headquarters Singapore Canada Regional Headquarters Toronto, Ontario, Canada Europe Regional Headquarters Waterloo, Belgium Latin America and Caribbean Regional Headquarters Miami, Florida...

  • Page 22
    ... on the close of trading on the New York Stock Exchange (NYSE) on May 25, 2006, and ending on the close of trading on the NYSE on December 31, 2006. The graph assumes a $100 investment in our Class A common stock and each of the indices and the reinvestment of dividends. MasterCard Incorporated...

  • Page 23
    ... those set forth in MasterCard Incorporated's filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year ended December 31, 2006, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K that it has filed with the SEC. MasterCard disclaims...

  • Page 24
    ... Osaka, Japan Rotterdam, Netherlands Athens, Greece Auckland, New Zealand Kua New York, NY, USA In destination cities everywhere, we're delivering a message that needs no translation: MasterCard brands are readily accepted wherever travelers go. San Francisco, CA, USA Through the Commerce...

  • Page 25
    ...SEPA). MasterCard PayPass acceptance advances in markets worldwide, with more than 12 million PayPass devices in 13 countries. MasterCard introduces the World Elite program, offering an exceptional new card for elite afï¬,uent individuals, business owners and corporate executives. MasterCard becomes...

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