First Data 2012 Annual Report Download - page 57
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Report of Independent Registered Public Accounting Firm
The Board of Directors and Stockholder of First Data Corporation
We have audited the accompanying consolidated balance sheets of First Data Corporation as of December 31, 2012 and 2011,
and the related consolidated statements of operations, comprehensive income (loss), cash flows and equity for each of the three years
in the period ended December 31, 2012. Our audits also include 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 and schedule 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, 2012 and 2011, and the consolidated results of its operations and its cash
flows for each of the three years in the period ended December 31, 2012, 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 financial statements
taken as a whole, presents fairly in all material respects the information set forth therein.
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, 2012, 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 19, 2013 expressed an adverse opinion thereon.
/s/ Ernst & Young LLP
Denver, Colorado
March 19, 2013
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