MoneyGram 2015 Annual Report Download - page 119

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Table of Contents
MONEYGRAM INTERNATIONAL, INC.
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2013
(Amountsinmillions) Parent
Subsidiary
Guarantors
Non-
Guarantors
Eliminations
Consolidated
REVENUE
Fee and other revenue $ —
$ 1,488.4
$ 327.7
$ (359.3)
$ 1,456.8
Investment revenue —
17.4
0.3
(0.1)
17.6
Total revenue —
1,505.8
328.0
(359.4)
1,474.4
EXPENSES
Fee and other commissions expense —
730.5
167.0
(219.7)
677.8
Investment commissions expense —
0.4
—
—
0.4
Total commissions expense —
730.9
167.0
(219.7)
678.2
Compensation and benefits —
196.0
68.9
—
264.9
Transaction and operations support 1.7
339.7
51.9
(139.6)
253.7
Occupancy, equipment and supplies —
40.5
8.6
(0.1)
49.0
Depreciation and amortization —
36.4
14.3
—
50.7
Total operating expenses 1.7
1,343.5
310.7
(359.4)
1,296.5
OPERATING (LOSS) INCOME (1.7)
162.3
17.3
—
177.9
Other expenses
Interest expense 30.3
17.0
—
—
47.3
Debt extinguishment costs —
45.3
—
—
45.3
Total other expenses 30.3
62.3
—
—
92.6
(Loss) income before income taxes (32.0)
100.0
17.3
—
85.3
Income tax (benefit) expense (11.2)
36.6
7.5
—
32.9
(Loss) income after income taxes (20.8)
63.4
9.8
—
52.4
Equity income (loss) in subsidiaries 73.2
9.8
—
(83.0)
—
NET INCOME (LOSS) 52.4
73.2
9.8
(83.0)
52.4
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) 19.3
19.3
0.3
(19.6)
19.3
COMPREHENSIVE INCOME (LOSS) $ 71.7
$ 92.5
$ 10.1
$ (102.6)
$ 71.7
F-55