First Data 2009 Annual Report Download - page 174

FIRST DATA CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Information concerning principal geographic areas was as follows (in millions):
United
States International Total
Revenues
2009 Successor ........................................... $ 7,789.3 $1,524.5 $ 9,313.8
2008 Successor ........................................... 7,033.2 1,778.1 8,811.3
2007 Successor period from September 25, 2007 through
December 31, 2007 ...................................... 1,783.9 494.6 2,278.5
2007 Predecessor period from January 1, 2007 through September 24,
2007 .................................................. 4,647.4 1,125.5 5,772.9
Long-Lived Assets
2009 Successor ........................................... $22,962.4 $3,694.7 $26,657.1
2008 Successor ........................................... 20,026.0 3,826.2 23,852.2
2007 Successor ........................................... 21,469.9 4,810.2 26,280.1
“International” represents businesses of significance, which have local currency as their functional currency
regardless of the segments to which the associated revenues and long-lived assets applied.
Note 17: Quarterly Financial Results (Unaudited)
Summarized quarterly results for the two years ended December 31, 2009 and 2008, respectively, are as
follows (in millions):
2009 by Quarter: First Second Third Fourth
Revenues ............................................... $2,076.2 $2,208.6 $2,443.2 $2,585.8
Expenses ............................................... 2,045.8 2,090.4 2,328.4 2,694.4
Interest income .......................................... 3.3 3.1 3.2 2.1
Interest expense .......................................... (448.2) (449.6) (447.5) (451.1)
Other income (expense) ................................... 23.3 (3.6) (84.5) 3.5
Loss before income taxes and equity earnings in affiliates ......... (391.2) (331.9) (414.0) (554.1)
Income tax benefit ........................................ (144.8) (112.8) (132.5) (188.7)
Equity earnings in affiliates ................................ 18.5 25.5 26.8 27.0
Net loss ................................................ $ (227.9) $ (193.6) $ (254.7) $ (338.4)
Less: Net income attributable to noncontrolling interests ......... 3.4 2.3 35.9 30.2
Net loss attributable to First Data Corporation .................. $ (231.3) $ (195.9) $ (290.6) $ (368.6)
2008 by Quarter: First Second Third Fourth
Revenues .............................................. $2,126.5 $2,204.3 $2,164.0 $ 2,316.5
Expenses .............................................. 1,929.9 1,997.5 2,040.1 5,320.7
Interest income .......................................... 9.0 6.6 5.9 4.5
Interest expense ......................................... (517.7) (451.1) (497.7) (498.4)
Other income (expense) ................................... (43.2) 6.4 70.5 (48.1)
Loss before income taxes and equity earnings in affiliates ........ (355.3) (231.3) (297.4) (3,546.2)
Income tax benefit ....................................... (130.5) (69.4) (145.5) (353.8)
Equity earnings in affiliates ................................ 32.1 41.6 35.0 14.3
Net loss ................................................ $ (192.7) $ (120.3) $ (116.9) $(3,178.1)
Less: Net income attributable to noncontrolling interests ......... 29.0 40.3 47.5 39.5
Net loss attributable to First Data Corporation ................. $ (221.7) $ (160.6) $ (164.4) $(3,217.6)
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