MoneyGram 2015 Annual Report Download - page 114

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Table of Contents
MONEYGRAM INTERNATIONAL, INC.
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2015
(Amountsinmillions) Parent
Subsidiary
Guarantors
Non-
Guarantors
Eliminations
Consolidated
REVENUE
Fee and other revenue $ —
$ 1,393.3
$ 413.8
$ (384.5)
$ 1,422.6
Investment revenue —
12.0
0.1
—
12.1
Total revenue —
1,405.3
413.9
(384.5)
1,434.7
EXPENSES
Fee and other commissions expense —
638.4
219.9
(202.9)
655.4
Investment commissions expense —
0.8
—
—
0.8
Total commissions expense —
639.2
219.9
(202.9)
656.2
Compensation and benefits —
211.7
97.4
—
309.1
Transaction and operations support 1.4
451.3
53.8
(181.7)
324.8
Occupancy, equipment and supplies —
54.7
18.1
(10.5)
62.3
Depreciation and amortization —
53.5
12.6
—
66.1
Total operating expenses 1.4
1,410.4
401.8
(395.1)
1,418.5
OPERATING (LOSS) INCOME (1.4)
(5.1)
12.1
10.6
16.2
Other expenses (income)
Interest expense 45.3
—
—
—
45.3
Other income —
—
(10.6)
10.6
—
Total other expenses (income) 45.3
—
(10.6)
10.6
45.3
(Loss) income before income taxes (46.7)
(5.1)
22.7
—
(29.1)
Income tax (benefit) expense (16.4)
56.3
7.9
—
47.8
(Loss) income after income taxes (30.3)
(61.4)
14.8
—
(76.9)
Equity (loss) income in subsidiaries (46.6)
14.8
—
31.8
—
NET (LOSS) INCOME (76.9)
(46.6)
14.8
31.8
(76.9)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) 18.4
11.8
(20.4)
8.6
18.4
COMPREHENSIVE (LOSS) INCOME $ (58.5)
$ (34.8)
$ (5.6)
$ 40.4
$ (58.5)
F-50