MasterCard 2009 Annual Report Download - page 88

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MASTERCARD INCORPORATED
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Total
Retained
Earnings
(Accumulated
Deficit)
Accumulated
Other
Comprehensive
Income,
net of tax
Common
Shares Additional
Paid-In Capital
Treasury
Stock
Non-
Controlling
InterestsClass A Class B
(In thousands, except per share data)
Balance at December 31, 2006 . . . $2,368,979 $(1,029,196) $ 103,662 $ 8 $ 6 $3,289,879 $ — $ 4,620
Net income ............... 1,085,886 1,085,886 — — — — — —
Other comprehensive income,
netoftax ............... 174,084 — 174,084 — — — — —
Adoption of new tax
accounting standard ...... 21,175 21,175 — — — — — —
Cash dividends declared on
Class A and Class B
common stock, $0.60 per
share .................. (81,571) (40,166) — — — (41,405) — —
Share based payments ....... 58,213 — — — — 58,213 — —
Stock units withheld for
taxes .................. (11,334) — — — — (11,334) — —
Tax benefit for share based
compensation ........... 15,430 — — — — 15,430 — —
Purchases of treasury stock . . . (600,532) — — — — — (600,532) —
Conversion of Class B to
Class A common stock .... — — — 1 (1) — — —
Exercise of stock options .... 1,597 — — — — 1,597 — —
Balance at December 31, 2007 . . . 3,031,927 37,699 277,746 9 5 3,312,380 (600,532) 4,620
Net loss .................. (253,915) (253,915) — — — — — —
Other comprehensive loss, net
oftax .................. (168,909) — (168,909) — — — — —
Cash dividends declared on
Class A and Class B
common stock, $0.60 per
share .................. (78,868) (19,884) — — — (58,984) — —
Share based payments ....... 60,970 — — — — 60,970 — —
Stock units withheld for
taxes .................. (67,111) — — — — (67,111) — —
Tax benefit for share based
compensation ........... 47,803 — — — — 47,803 — —
Purchases of treasury stock . . . (649,468) — — — — — (649,468) —
Conversion of Class B to
Class A common stock .... — — — 1 (1) — — —
Exercise of stock options .... 9,546 — — — — 9,546 — —
Balance at December 31, 2008 . . . 1,931,975 (236,100) 108,837 10 4 3,304,604 (1,250,000) 4,620
Redemption of non-controlling
interest ................. (4,620) — — — — — — (4,620)
Investment in majority owned
entity .................. 8,015 — — — — — — 8,015
Net income ............... 1,462,624 1,462,532 — — — — — 92
Other comprehensive income,
netoftax ............... 84,841 — 84,841 — — — — —
Cash dividends declared on
Class A and Class B
common stock, $0.60 per
share .................. (78,685) (78,718) — — — 33 — —
Share based payments ....... 88,430 — — — — 88,430 — —
Stock units withheld for
taxes .................. (28,458) — — — — (28,458) — —
Tax benefit for share based
compensation ........... 39,025 — — — — 39,025 — —
Conversion of Class B to
Class A common stock .... — — — 1 (1) — — —
Exercise of stock options .... 8,720 — — — — 8,720 — —
Balance at December 31, 2009 . . . $3,511,867 $ 1,147,714 $ 193,678 $ 11 $ 3 $3,412,354 $(1,250,000) $ 8,107
The accompanying notes are an integral part of these consolidated financial statements.
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