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Selected Financial Data
The following financial data should be read in conjunction with the Consolidated Financial Statements and Notes
thereto and Financial Review sections of the Annual Report. The historical trends in Total System Services, Inc.‘s
(TSYS’ or the Company’s) results of operations and financial position over the last five years are presented below.
Years Ended December 31,
(in thousands, except per share data) 2012 2011 2010 2009 2008
Income Statement Data:
Total revenues ............................... $1,870,972 1,808,966 1,717,577 1,677,483 1,711,534
Operating income ............................ $ 357,652 322,456 309,429 344,026 371,122
Income from continuing operations, net of tax .... $ 249,923 222,662 208,866 225,720 253,085
Loss from discontinued operations, net of tax ..... —— (3,245) (6,544) (1,409)
Net income ............................... 249,923 222,662 205,621 219,176 251,676
Net income attributable to noncontrolling
interests ................................ (5,643) (2,103) (11,674) (3,963) (1,576)
Net income attributable to TSYS common
shareholders ............................. $ 244,280 220,559 193,947 215,213 250,100
Basic earnings per share (EPS)* attributable to TSYS
common shareholders:
Income from continuing operations ............ $ 1.30 1.15 1.00 1.12 1.27
Loss from discontinued operations ............ —— (0.02) (0.03) (0.01)
Net income ............................... $ 1.30 1.15 0.99 1.09 1.26
Diluted EPS* attributable to TSYS common
shareholders:
Income from continuing operations ............ $ 1.29 1.15 1.00 1.12 1.27
Loss from discontinued operations ............ —— (0.02) (0.03) (0.01)
Net income ............................... $ 1.29 1.15 0.99 1.09 1.26
Cash dividends declared per share .............. $ 0.40 0.31 0.28 0.28 0.28
At December 31,
(in thousands) 2012 2011 2010 2009 2008
Balance Sheet Data:
Total assets ............................... $2,023,838 1,858,392 1,952,261 1,710,954 1,550,024
Obligations under long-term debt and capital
leases, excluding current portion ............ 192,014 63,593 225,276 205,123 209,871
* Note: Basic and diluted EPS amounts for continuing operations and net income do not total due to rounding.
Financial Overview
TSYS’ revenues are derived from providing global
payment services to financial and nonfinancial
institutions, generally under long-term processing
contracts. The Company’s services are provided
through the Company’s three operating segments:
North America Services, International Services and
Merchant Services.
Through the Company’s North America Services and
International Services segments, TSYS processes
information through its cardholder systems to
financial institutions throughout the United States and
internationally. The Company’s North America
Services segment provides these services to clients in
the United States, Canada, Mexico and the
Caribbean. The Company’s International Services
segment provides services to clients in Europe, India,
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