First Data 2009 Annual Report Download - page 247

Chase Paymentech
NOTES TO COMBINED FINANCIAL STATEMENTS
For the years ended December 31, 2007 and 2006 and
the year ended December 31, 2005 (unaudited) (Continued)
The Company’s Canadian operations process electronic payments of credit and debit card transactions,
including the rental of point-of-sale equipment for merchants in Canada.
Financial information for the Company’s operating segments is summarized as follows (in thousands):
As of and for the year ended December 31, 2007
U.S. Canada
Corporate
and
eliminations Combined
Revenues:
Transaction and processing services ................ $1,170,621 $ 81,790 $ — $1,252,411
Transaction and processing services—inter-segment . . . 17,152 — (17,152) —
Point-of-sale equipment and supplies ............... 3,777 30,044 — 33,821
Total segment reporting revenues ...................... $1,191,550 $111,834 $(17,152) $1,286,232
Interest and other, net ............................... $ 76,425 $ 1,445 $ 21 $ 77,891
Depreciation and amortization ........................ 43,861 22,932 — 66,793
Income before income taxes and minority interest ......... 638,634 24,813 (397) 663,050
Provision for income taxes ........................... 11,674 — 68,739 80,413
Total assets ....................................... 6,291,384 417,137 (16,161) 6,692,360
Goodwill ......................................... 247,549 146,592 — 394,141
Long-lived assets, net ............................... 96,518 79,462 — 175,980
Expenditures for long-lived assets ...................... 56,977 32,612 — 89,589
As of and for the year ended December 31, 2006
U.S. Canada
Corporate
and
Eliminations Combined
Revenues:
Transaction and processing services ................ $1,112,781 $ 66,892 $ — $1,179,673
Transaction and processing services—inter-segment . . . 15,032 — (15,032) —
Point-of-sale equipment and supplies ............... 1,477 25,433 — 26,910
Total segment reporting revenues ...................... $1,129,290 $ 92,325 $(15,032) $1,206,583
Interest and other, net ............................... $ 66,790 $ (701) $ 741 $ 66,830
Depreciation and amortization ........................ 94,358 19,305 — 113,663
Income before income taxes and minority interest ......... 535,461 12,476 179 548,116
Provision for income taxes ........................... 8,556 — 63,210 71,766
Total assets ....................................... 5,731,888 463,806 (14,745) 6,180,949
Goodwill ......................................... 247,549 124,735 — 372,284
Long-lived assets, net ............................... 83,410 62,741 — 146,151
Expenditures for long-lived assets ..................... 40,826 11,563 — 52,389
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