MasterCard 2010 Annual Report Download - page 4

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2 MasterCard Annual Report 2010
Dear Fellow Shareholders:
As I refl ect back on 2010, I do so with a great deal of satisfaction.
I am very pleased with the strong results MasterCard delivered, particularly
as global economic uncertainty continued to prevail. Our business momentum
is good, and our competitive spirit is evident in all that we do.
I am equally pleased with how we continue to further
strengthen our organisation through key partnerships,
business deals, joint ventures and acquisitions — such as
DataCash Group and the prepaid program management
business of Travelex. These strategic moves are positioning
us to compete more aggressively in markets the world
over — markets in which consumers, businesses and
governments are coming to appreciate, more and more,
the MasterCard advantage over cash and checks as well
as other competing brands.
To be sure, the benefi ts we deliver run far and wide. As
developed and emerging societies continue to recognise
the safety, effi ciency and transparency offered through
our payment solutions, I have no doubt that MasterCard
will become the currency of choice.
Our future looks bright, indeed. Demographic and secular
trends are favourable; our insights are pointing us to
emerging opportunities; and our people are energised by
the intriguing prospects that lie ahead. Above all, our leading
innovations are shaping the future of payments, bringing
the MasterCard advantage to everyone, everywhere.
Richard Haythornthwaite
Chairman of the Board of Directors
From left to right:
Ajay Banga
President and Chief Executive Offi cer
Richard Haythornthwaite
Chairman of the Board of Directors
Chairman’s Message
$5.5B
$1.8B
49.7%
$2.7T
over 23B
975M
666M
over 1.6B
Net Revenues
Net Income
Operating
Margin
Gross Dollar
Volume
Processed
Transactions
MasterCard-
Branded Credit
and Debit Cards*
Maestro Debit
Cards*
Total Cards*
2010
Financial Highlights
T=Trillion, B=Billion, M=Million
*As of December 31, 2010