First Data 2014 Annual Report Download - page 103
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Revenues:
Transaction and processing service fees
$ —
$ 3,674.9
$ 3,016.9
$ (227.5)
$ 6,464.3
Product sales and other
—
480.1
416.6
(59.5)
837.2
Reimbursable debit network fees, postage, and other
—
2,510.3
997.1
—
3,507.4
Total revenues
—
6,665.3
4,430.6
(287.0)
10,808.9
Expenses:
Cost of services (exclusive of items shown below)
—
1,508.4
1,527.9
(227.5)
2,808.8
Cost of products sold
—
216.9
176.6
(59.5)
334.0
Selling, general, and administrative
115.0
1,135.7
638.1
—
1,888.8
Reimbursable debit network fees, postage, and other
—
2,510.3
997.1
—
3,507.4
Depreciation and amortization
7.3
623.1
460.9
—
1,091.3
Other operating expenses:
Restructuring, net
18.1
25.2
4.7
—
48.0
Litigation and regulatory settlements
8.0
—
—
—
8.0
Total expenses
148.4
6,019.6
3,805.3
(287.0)
9,686.3
Operating (loss) profit
(148.4)
645.7
625.3
—
1,122.6
Interest income
0.1
0.1
10.9
—
11.1
Interest expense
(1,863.5)
(9.7)
(7.5)
—
(1,880.7)
Interest income (expense) from intercompany notes
315.0
(276.6)
(38.4)
—
—
Other income (expense)
(53.2)
(2.8)
9.1
—
(46.9)
Equity earnings from consolidated subsidiaries
578.6
206.9
—
(785.5)
—
(1,023.0)
(82.1)
(25.9)
(785.5)
(1,916.5)
(Loss) income before income taxes and equity earnings in
affiliates
(1,171.4)
563.6
599.4
(785.5)
(793.9)
Income tax (benefit) expense
(302.3)
249.7
139.1
—
86.5
Equity earnings in affiliates
—
168.7
19.6
—
188.3
Net (loss) income
(869.1)
482.6
479.9
(785.5)
(692.1)
Less: Net income attributable to noncontrolling interests and
redeemable noncontrolling interest
—
—
56.1
120.9
177.0
Net (loss) income attributable to First Data Corporation
$ (869.1)
$ 482.6
$ 423.8
$ (906.4)
$ (869.1)
Comprehensive (loss) income
$ (905.6)
$ 452.6
$ 388.6
$ (662.8)
$ (727.2)
Less: Comprehensive income attributable to noncontrolling
interests and redeemable noncontrolling interest
—
—
57.5
120.9
178.4
Comprehensive (loss) income attributable to First Data
Corporation
$ (905.6)
$ 452.6
$ 331.1
$ (783.7)
$ (905.6)
103