Western Union 2013 Annual Report Download - page 241
Download and view the complete annual report
Please find page 241 of the 2013 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.-
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
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231 -
232 -
233 -
234 -
235 -
236 -
237 -
238 -
239 -
240 -
241 -
242 -
243 -
244 -
245 -
246 -
247 -
248 -
249 -
250 -
251 -
252
-
253
-
254
-
255
-
256
-
257
-
258
-
259
-
260
-
261
-
262
-
263
-
264
-
265
-
266
-
267
-
268
-
269
-
270
-
271
-
272
-
273
-
274
 |
 |
2013 FORM 10-K
THE WESTERN UNION COMPANY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
131
The following tables summarize the gross and net fair value of derivative assets and liabilities as of December 31, 2013 and
December 31, 2012 (in millions):
Offsetting of Derivative Assets
December 31, 2013
Gross
Amounts of
Recognized
Assets
Gross
Amounts
Offset in the
Consolidated
Balance Sheets
Net Amounts
Presented
in the
Consolidated
Balance Sheets
Derivatives
Not Offset
in the
Consolidated
Balance Sheets Net Amounts
Derivatives subject to a master netting
arrangement or similar agreement . . . . . . $ 118.4 $ — $ 118.4 $ (93.3) $ 25.1
Derivatives that are not or may not be
subject to master netting arrangement or
similar agreement. . . . . . . . . . . . . . . . . . . 105.9
Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 224.3
December 31, 2012
Derivatives subject to a master netting
arrangement or similar agreement . . . . . . $ 39.1 $ — $ 39.1 $ (19.6) $ 19.5
Derivatives that are not or may not be
subject to master netting arrangement or
similar agreement. . . . . . . . . . . . . . . . . . . 57.7
Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 96.8
Offsetting of Derivative Liabilities
December 31, 2013
Gross
Amounts of
Recognized
Liabilities
Gross
Amounts
Offset in the
Consolidated
Balance Sheets
Net Amounts
Presented
in the
Consolidated
Balance Sheets
Derivatives
Not Offset
in the
Consolidated
Balance Sheets Net Amounts
Derivatives subject to a master netting
arrangement or similar agreement. . . . . . $ 146.1 $ — $ 146.1 $ (93.3) $ 52.8
Derivatives that are not or may not be
subject to master netting arrangement or
similar agreement . . . . . . . . . . . . . . . . . . 77.3
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 223.4
December 31, 2012
Derivatives subject to a master netting
arrangement or similar agreement. . . . . . $ 30.5 $ — $ 30.5 $ (19.6) $ 10.9
Derivatives that are not or may not be
subject to master netting arrangement or
similar agreement . . . . . . . . . . . . . . . . . . 55.6
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 86.1