MasterCard 2011 Annual Report Download - page 52

Download and view the complete annual report

Please find page 52 of the 2011 MasterCard 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.

Page out of 156

  • 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

Item 6. Selected Financial Data
The statement of operations data presented below for the years ended December 31, 2011, 2010 and 2009,
and the balance sheet data as of December 31, 2011 and 2010, were derived from the audited consolidated
financial statements of MasterCard Incorporated included in Part II, Item 8 of this Report. The statement of
operations data presented below for the years ended December 31, 2008 and 2007, and the balance sheet data as
of December 31, 2009, 2008 and 2007, were derived from audited consolidated financial statements not included
in this Report. The data set forth below should be read in conjunction with, and are qualified by reference to,
“Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II, Item 7 of
this Report and our consolidated financial statements and notes thereto included in Part II, Item 8 of this Report.
Years Ended December 31,
2011 2010 2009 2008 2007
(in millions, except per share data)
Statement of Operations Data:
Revenues, net ........................ $ 6,714 $5,539 $5,099 $4,992 $4,068
Total operating expenses ............... 4,001 2,787 2,839 5,526 2,959
Operating income (loss) ................ 2,713 2,752 2,260 (534) 1,108
Net income (loss) attributable to
MasterCard ........................ 1,906 1,846 1,463 (254) 1,086
Basic earnings (loss) per share ........... 14.90 14.10 11.19 (1.94) 7.98
Diluted earnings (loss) per share ......... 14.85 14.05 11.16 (1.94) 7.96
Balance Sheet Data:
Total assets .......................... $10,693 $8,837 $7,470 $6,476 $6,260
Long-term debt ....................... — — 22 19 150
Obligations under litigation settlements,
long-term ......................... — 4 263 1,023 297
Equity .............................. 5,877 5,216 3,512 1,932 3,032
Cash dividends declared per share ........ 0.60 0.60 0.60 0.60 0.60
* Note that table may not sum due to rounding.
48