First Data 2011 Annual Report Download - page 62

Report of Independent Registered Public Accounting Firm
The Board of Directors and Shareholders of First Data Corporation
We have audited the accompanying consolidated balance sheets of First Data Corporation as of December 31, 2011 and 2010,
and the related consolidated statements of operations, cash flows, equity and comprehensive income (loss) for each of the three years
in the period ended December 31, 2011. Our audits also included the financial statement schedule listed in the Index at Item 15(a).
These financial statements and schedule are the responsibility of the Company's management. Our responsibility is to express an
opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States).
Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management,
as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our
opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated
financial position of First Data Corporation at December 31, 2011 and 2010, and the consolidated results of its operations and its cash
flows for each of the three years in the period ended December 31, 2011, in conformity with U.S. generally accepted accounting
principles. Also, in our opinion, the related financial statement schedule, when considered in relation to the basic consolidated
financial statements taken as a whole, presents fairly, in all material respects, the information set forth therein.
As discussed in Note 1 to the consolidated financial statements, the Company adopted authoritative guidance relating to when
and how to assess other-than-temporary impairments of securities, effective April 1, 2009.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States),
First Data Corporation's internal control over financial reporting as of December 31, 2011, based on criteria established in Internal
Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report
dated March 5, 2012 expressed an unqualified opinion thereon.
/s/ Ernst & Young LLP
Denver, Colorado
March 5, 2012
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