Western Union 2014 Annual Report Download - page 288
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2014 FORM 10-K
150
THE WESTERN UNION COMPANY
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(PARENT COMPANY ONLY)
(in millions)
For the Years Ended December 31,
2014 2013 2012
Revenues. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ — $ — $ —
Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ———
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ———
Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.6 0.4 0.2
Interest expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (176.5)(195.7)(178.6)
Loss before equity in earnings of affiliates and income taxes . . . . . . . . . . . . (175.9)(195.3)(178.4)
Equity in earnings of affiliates, net of tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . 960.8 919.0 1,136.1
Income tax benefit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67.5 74.7 68.2
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 852.4 798.4 1,025.9
Other comprehensive income, net of tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.2 2.2 2.0
Other comprehensive income/(loss) of affiliates, net of tax . . . . . . . . . . . . . . 47.9 (18.6)(36.1)
Comprehensive income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 902.5 $ 782.0 $ 991.8
See Notes to Condensed Financial Statements.