First Data 2009 Annual Report Download - page 182

FIRST DATA CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
(in millions)
Successor
Year ended December 31, 2008
FDC Parent
Company
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries
Consolidation
Adjustments Consolidated
Revenues:
Transaction and processing service fees ...... $ 2.6 $4,061.9 $1,727.1 $ (6.3) $ 5,785.3
Investment income, net ................... — 25.2 51.9 — 77.1
Product sales and other .................... — 530.7 342.7 (25.2) 848.2
Reimbursable debit network fees, postage and
other ................................ — 1,995.8 104.9 — 2,100.7
2.6 6,613.6 2,226.6 (31.5) 8,811.3
Expenses:
Cost of services (exclusive of items shown
below) ............................... — 1,984.1 892.8 (6.3) 2,870.6
Cost of products sold ..................... — 210.6 131.4 (25.2) 316.8
Selling, general and administrative .......... 223.4 774.3 377.1 — 1,374.8
Reimbursable debit network fees, postage and
other ................................ — 1,995.8 104.9 — 2,100.7
Depreciation and amortization .............. 5.9 1,010.8 353.0 — 1,369.7
Other operating expenses:
Restructuring, net .................... — 12.0 — — 12.0
Impairments ........................ — 2,680.4 563.2 — 3,243.6
229.3 8,668.0 2,422.4 (31.5) 11,288.2
Operating loss ............................... (226.7) (2,054.4) (195.8) — (2,476.9)
Interest income .............................. 8.9 3.0 14.1 — 26.0
Interest expense ............................. (1,933.9) (7.2) (23.8) — (1,964.9)
Interest (expense) income from intercompany
notes .................................... (113.6) 87.2 26.4 — —
Other (expense) income ....................... (24.1) 0.1 9.6 — (14.4)
Equity (loss) earnings from consolidated
subsidiaries ............................... (2,350.6) 32.0 — 2,318.6 —
(4,413.3) 115.1 26.3 2,318.6 (1,953.3)
Loss before income taxes and equity earnings in
affiliates ................................. (4,640.0) (1,939.3) (169.5) 2,318.6 (4,430.2)
Income tax (benefit) expense ................... (858.8) 216.8 (57.2) — (699.2)
Equity earnings in affiliates .................... 16.9 98.1 8.0 — 123.0
Net loss .................................... (3,764.3) (2,058.0) (104.3) 2,318.6 (3,608.0)
Less: Net income attributable to noncontrolling
interests .................................. — 1.8 154.5 — 156.3
Net loss attributable to First Data Corporation ..... $(3,764.3) $(2,059.8) $ (258.8) $2,318.6 $ (3,764.3)
182