First Data 2013 Annual Report Download - page 120
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ASSETS
Current assets:
Cash and cash equivalents $228.0 $37.2 $343.1 $ — $ 608.3
Accounts receivable, net of allowance for doubtful accounts 4.4 879.7 963.6 — 1,847.7
Settlement assets (a) —5,097.1 4,076.7 — 9,173.8
Intercompany notes receivable — — 30.8 (30.8) —
Other current assets 73.0 145.3 35.3 —253.6
Total current assets 305.4 6,159.3 5,449.5 (30.8)11,883.4
Property and equipment, net of accumulated depreciation 30.7 561.4 263.7 — 855.8
Goodwill —9,485.3 7,797.2 —17,282.5
Customer relationships, net of accumulated amortization — 2,071.7 1,684.6 —3,756.3
Other intangibles, net of accumulated amortization 605.0 619.7 603.9 — 1,828.6
Investment in affiliates —1,375.2 37.9 — 1,413.1
Long-term settlement assets (a) — — 54.3 —54.3
Long-term intercompany receivables 4,766.3 9,605.7 3,607.3 (17,979.3) —
Long-term intercompany notes receivable 3,397.3 270.0 8.4 (3,675.7) —
Long-term deferred tax assets 1,028.0 — — (1,028.0) —
Other long-term assets 427.1 373.5 108.2 (83.8) 825.0
Investment in consolidated subsidiaries 24,308.9 5,379.5 —(29,688.4) —
Total assets $ 34,868.7 $ 35,901.3 $ 19,615.0 $ (52,486.0) $ 37,899.0
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable $13.8 $141.8 $105.3 $ — $ 260.9
Short-term and current portion of long-term borrowings 15.1 55.1 186.9 —257.1
Settlement obligations (a) —5,097.1 4,129.2 —9,226.3
Intercompany notes payable 30.8 — — (30.8) —
Other current liabilities 608.1 620.3 372.2 —1,600.6
Total current liabilities 667.8 5,914.3 4,793.6 (30.8)11,344.9
Long-term borrowings 22,462.3 47.8 18.8 — 22,528.9
Long-term deferred tax liabilities — 1,445.1 92.4 (1,028.0)509.5
Long-term intercompany payables 11,408.7 4,104.4 2,466.2 (17,979.3) —
Long-term intercompany notes payable 276.7 3,315.6 83.4 (3,675.7) —
Other long-term liabilities 651.7 222.7 31.3 (83.8)821.9
Total liabilities 35,467.2 15,049.9 7,485.7 (22,797.6)35,205.2
Redeemable equity interest — — 67.4 (67.4) —
Redeemable noncontrolling interest — — — 67.4 67.4
First Data Corporation stockholder’s (deficit) equity (598.5) 20,851.4 5,583.0 (26,434.4)(598.5)
Noncontrolling interests — — 70.5 3,154.4 3,224.9
Equity of consolidated alliance — — 6,408.4 (6,408.4) —
Total equity (598.5) 20,851.4 12,061.9 (29,688.4)2,626.4
Total liabilities and equity $ 34,868.7 $ 35,901.3 $ 19,615.0 $ (52,486.0)$37,899.0
(a) The majority of the Guarantor settlement assets relate to FDC’s merchant acquiring business. FDC believes the settlement assets are not available to
satisfy any claims other than those related to the settlement liabilities.
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