MoneyGram 2010 Annual Report Download - page 142

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Table of Contents
MONEYGRAM INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
The following information represents condensed, consolidating Balance Sheets as of December 31, 2010 and 2009, along with
condensed, consolidating Statements of Income (Loss) and Statements of Cash Flows for the years ended December 31, 2010, 2009 and
2008. The condensed, consolidating financial information presents financial information in separate columns for MoneyGram
International, Inc. on a Parent-only basis carrying its investment in subsidiaries under the equity method; Guarantors on a combined
basis, carrying investments in subsidiaries that are not expected to guarantee the debt (collectively, the "Non-Guarantors") under the
equity method; Non-Guarantors on a combined basis; and eliminating entries. The eliminating entries primarily reflect intercompany
transactions, such as accounts receivable and payable, fee revenue and commissions expense and the elimination of equity investments
and income in subsidiaries. As described in Note 2 — Summary of Significant Accounting Policies the Company has corrected the
presentation of certain investments in time deposits and certificates of deposit in the 2009 and 2008 condensed, consolidating financial
statements.
F-57