Western Union 2010 Annual Report Download - page 125

Download and view the complete annual report

Please find page 125 of the 2010 Western Union annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 144

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144

The following table presents the Company’s reportable segment results for the years ended December 31, 2010,
2009 and 2008, respectively (in millions):
2010 2009 2008
Years Ended December 31,
Revenues:
Consumer-to-consumer:
Transaction fees ........................................................................ $ 3,434.3 $ 3,373.5 $ 3,532.9
Foreign exchange revenues ........................................................ 905.8 877.1 893.1
Other revenues .......................................................................... 43.3 50.1 45.6
4,383.4 4,300.7 4,471.6
Global business payments:
Transaction fees ........................................................................ 578.0 621.9 668.1
Foreign exchange revenues ........................................................ 113.0 33.2 3.2
Other revenues .......................................................................... 30.7 36.6 48.5
721.7 691.7 719.8
Other:
Transaction fees ........................................................................ 43.0 40.8 39.8
Commission and other revenues ................................................. 44.6 50.4 50.8
87.6 91.2 90.6
Total consolidated revenues............................................................... $ 5,192.7 $ 5,083.6 $ 5,282.0
Operating income:
Consumer-to-consumer .............................................................. $ 1,243.3 $ 1,175.5 $ 1,222.7
Global business payments .......................................................... 122.5 171.9 199.4
Other........................................................................................ (6.2) 6.3 15.8
Total segment operating income ........................................................ $ 1,359.6 $ 1,353.7 $ 1,437.9
Agreement and settlement (see Note 6)....................................... — (71.0) —
Restructuring and related expenses (see Note 3) .......................... (59.5) — (82.9)
Total consolidated operating income .................................................. $ 1,300.1 $ 1,282.7 $ 1,355.0
Assets:
Consumer-to-consumer .............................................................. $ 5,014.3 $ 4,602.5 $ 4,305.0
Global business payments .......................................................... 1,452.7 1,419.0 819.5
Other........................................................................................ 1,462.2 1,331.9 453.8
Total assets ...................................................................................... $ 7,929.2 $ 7,353.4 $ 5,578.3
Depreciation and amortization:
Consumer-to-consumer .............................................................. $ 130.5 $ 124.2 $ 111.0
Global business payments .......................................................... 36.0 24.3 21.1
Other........................................................................................ 8.5 5.7 4.0
Total segment depreciation and amortization ...................................... $ 175.0 $ 154.2 $ 136.1
Restructuring and related expenses ............................................. 0.9 — 7.9
Total depreciation and amortization ................................................... $ 175.9 $ 154.2 $ 144.0
Capital expenditures:
Consumer-to-consumer .............................................................. $ 85.3 $ 71.6 $ 114.8
Global business payments .......................................................... 21.5 16.7 30.5
Other........................................................................................ 6.9 10.6 8.4
Total capital expenditures.................................................................. $ 113.7 $ 98.9 $ 153.7
123