First Data 2014 Annual Report Download - page 104
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Revenues:
Transaction and processing service fees
$ —
$ 3,637.6
$ 3,014.7
$ (200.2)
$ 6,452.1
Product sales and other
—
506.4
419.2
(58.9)
866.7
Reimbursable debit network fees, postage, and other
—
2,424.8
959.3
(22.6)
3,361.5
Total revenues
—
6,568.8
4,393.2
(281.7)
10,680.3
Expenses:
Cost of services (exclusive of items shown below)
—
1,504.2
1,559.5
(200.2)
2,863.5
Cost of products sold
—
224.8
170.4
(58.9)
336.3
Selling, general, and administrative
89.4
1,141.9
594.1
—
1,825.4
Reimbursable debit network fees, postage, and other
—
2,424.8
959.3
(22.6)
3,361.5
Depreciation and amortization
8.1
686.5
497.0
—
1,191.6
Other operating expenses:
Restructuring, net
(0.2)
7.6
15.7
—
23.1
Impairments
—
5.1
—
—
5.1
Total expenses
97.3
5,994.9
3,796.0
(281.7)
9,606.5
Operating (loss) profit
(97.3)
573.9
597.2
—
1,073.8
Interest income
0.1
0.3
8.4
—
8.8
Interest expense
(1,880.4)
(7.2)
(10.2)
—
(1,897.8)
Interest income (expense) from intercompany notes
313.0
(270.7)
(42.3)
—
—
Other income (expense)
(102.1)
(8.1)
15.9
—
(94.3)
Equity earnings from consolidated subsidiaries
522.6
272.6
—
(795.2)
—
(1,146.8)
(13.1)
(28.2)
(795.2)
(1,983.3)
(Loss) income before income taxes and equity earnings in
affiliates
(1,244.1)
560.8
569.0
(795.2)
(909.5)
Income tax (benefit) expense
(543.2)
252.0
67.2
—
(224.0)
Equity earnings in affiliates
—
138.4
19.8
—
158.2
Net (loss) income
(700.9)
447.2
521.6
(795.2)
(527.3)
Less: Net income attributable to noncontrolling interests and
redeemable noncontrolling interest
—
—
61.9
111.7
173.6
Net (loss) income attributable to First Data Corporation
$ (700.9)
$ 447.2
$ 459.7
$ (906.9)
$ (700.9)
Comprehensive (loss) income
$ (654.7)
$ 447.4
$ 515.6
$ (786.1)
$ (477.8)
Less: Comprehensive income attributable to noncontrolling
interests and redeemable noncontrolling interest
—
—
65.2
111.7
176.9
Comprehensive (loss) income attributable to First Data
Corporation
$ (654.7)
$ 447.4
$ 450.4
$ (897.8)
$ (654.7)
104