First Data 2011 Annual Report Download - page 115

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A reconciliation of reportable segment amounts to the Company's consolidated balances is as follows:
Year ended December 31,
(in millions) 2011 2010 2009
Segment Revenues:
Total reported segments $ 6,522.8 $ 6,344.6 $ 6,077.7
All Other and Corporate 141.2 150.7 250.4
Adjustments to reconcile to Adjusted revenue:
Official check and money order revenues (b) (9.9) 8.0 (0.8)
Eliminations of intersegment revenues (65.1)(62.4)(58.1)
Adjusted revenue 6,589.0 6,440.9 6,269.2
Adjustments to reconcile to Consolidated revenues:
Divested businesses — — 75.2
Adjustments for non-wholly owned entities (c) 179.7 224.1 (12.3)
Official check and money order revenues 9.9 (8.0) 0.8
ISO commission expense 403.5 333.8 252.7
Reimbursable debit network fees, postage and other 3,531.5 3,389.6 2,728.2
Consolidated revenues $ 10,713.6 $ 10,380.4 $ 9,313.8
Segment EBITDA:
Total reported segments $ 2,455.3 $ 2,205.1 $ 2,237.5
All Other and Corporate (206.8)(178.1)(122.7)
Adjusted EBITDA 2,248.5 2,027.0 2,114.8
Adjustments to reconcile to "Net loss attributable to First Data
Corporation":
Divested businesses — 1.1 43.7
Adjustments for non-wholly owned entities (c) 59.5 34.3 (21.3)
Depreciation and amortization (1,245.0) (1,414.4) (1,452.3)
Interest expense (1,833.1) (1,796.6) (1,796.4)
Interest income 7.9 7.8 11.7
Other items (d) 62.4 (97.4) (351.0)
Income tax benefit 270.1 323.8 578.8
Stock based compensation (16.9) (16.1) (19.2)
Official check and money order EBITDA (b) (0.5) (21.2) (19.9)
Costs of alliance conversions and data center, technology and savings
initiatives (28.4) (25.7) (147.9)
Stock plan modification expenses — (7.8) —
KKR related items (37.4) (28.5) (26.5)
Debt issuance costs (3.2) (8.1) (0.7)
Eliminations — — (0.2)
Net loss attributable to First Data Corporation $ (516.1)$ (1,021.8)$ (1,086.4)
(a) Excludes equity losses that were recorded in expense and the amortization related to the excess of the investment balance over
the Company's proportionate share of the investee's net book value for the International segment.
(b) Represents an adjustment to exclude the official check and money order businesses due to the Company's wind-down of these
businesses.
(c) Represent the net adjustment to reflect First Data's proportionate share of alliance revenue and EBITDA within the Retail and
Alliance Services segment and amortization related to equity method investments not included in segment EBITDA.
(d) Includes restructuring, litigation and regulatory settlements and impairments as applicable to the periods presented and "Other
income (expense)" as presented in the Consolidated Statement of Operations.
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