Western Union 2014 Annual Report Download - page 285

2014 FORM 10-K
THE WESTERN UNION COMPANY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
147
Year Ended December 31,
2014 2013 2012
Assets:
Consumer-to-Consumer. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,049.7 $ 5,321.9 $ 4,854.2
Consumer-to-Business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,060.2 1,129.9 1,029.6
Business Solutions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,430.7 2,256.4 2,012.6
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,349.8 1,413.1 1,569.3
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,890.4 $10,121.3 $ 9,465.7
Depreciation and amortization:
Consumer-to-Consumer. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 191.5 $ 179.4 $ 158.2
Consumer-to-Business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.3 15.8 14.7
Business Solutions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56.1 59.6 65.7
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.0 8.0 7.5
Total consolidated depreciation and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 271.9 $ 262.8 $ 246.1
Capital expenditures:
Consumer-to-Consumer. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 132.1 $ 174.0 $ 219.1
Consumer-to-Business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27.3 36.9 21.8
Business Solutions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.0 14.8 16.1
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.6 15.6 11.2
Total capital expenditures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 179.0 $ 241.3 $ 268.2
Information concerning principal geographic areas was as follows (in millions):
Year Ended December 31,
2014 2013 2012
Revenue:
United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,564.6 $ 1,523.7 $ 1,593.1
International. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,042.6 4,018.3 4,071.7
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,607.2 $ 5,542.0 $ 5,664.8
Long-lived assets:
United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 158.1 $ 156.6 $ 148.2
International. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48.3 53.3 47.9
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 206.4 $ 209.9 $ 196.1
The Consumer-to-Consumer geographic split is determined based upon the region where the money transfer is initiated and
the region where the money transfer is paid. For transactions originated and paid in different regions, the Company splits the
revenue between the two regions, with each region receiving 50%. For money transfers initiated and paid in the same region,
100% of the revenue is attributed to that region. The geographic split of revenue above for the Consumer-to-Business and Business
Solutions segments is based upon the country where the transaction is initiated with 100% of the revenue allocated to that country.
Long-lived assets, consisting of "Property and equipment, net," are presented based upon the location of the assets.
Based on the method used to attribute revenue between countries described in the paragraph above, each individual country
outside the United States accounted for less than 10% of consolidated revenue for the years ended December 31, 2014, 2013 and
2012, respectively. In addition, each individual agent, Consumer-to-Business, or Business Solutions customer accounted for less
than 10% of consolidated revenue during these periods.