Western Union 2009 Annual Report Download - page 141

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THE WESTERN UNION COMPANY
CONDENSED STATEMENTS OF OPERATIONS
(PARENT COMPANY ONLY)
(in millions)
2009 2008 2007
For the Years Ended December 31,
Revenues ................................................... $ — $ — $ —
Expenses ................................................... — — —
Operating income ............................................. — — —
Interest income............................................... 1.8 2.8 1.1
Interest expense .............................................. (157.3) (171.0) (188.7)
Loss before equity in earnings of affiliates and income taxes ............. (155.5) (168.2) (187.6)
Equity in earnings of affiliates, net of tax ........................... 941.7 1,022.3 972.3
Income tax benefit ............................................ 62.6 64.9 72.6
Net income ................................................. $848.8 $ 919.0 $ 857.3
See Notes to Condensed Financial Statements.
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