First Data 2014 Annual Report Download - page 92

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


Summarized quarterly results for the two years ended December 31, 2014 and 2013, respectively, are as follows:






Revenues
$ 2,640.3
$ 2,837.1
$ 2,791.1
$ 2,883.3
Expenses
2,355.8
2,455.0
2,438.5
2,463.2
Operating profit
284.5 382.1 352.6 420.1
Interest income
3.0
3.6
2.5
1.5
Interest expense
(467.1)
(463.1)
(417.6)
(405.2)
Loss on debt extinguishment
(260.1)
Other income
0.9
82.5
56.4
21.4
(Loss) income before income taxes and equity earnings in affiliates
(178.7) 5.1 (266.2) 37.8
Income tax expense (benefit)
36.6
40.0
(23.1)
28.6
Equity earnings in affiliates
50.4
58.0
54.8
56.4
Net (loss) income
(164.9) 23.1 (188.3) 65.6
Less: Net income attributable to noncontrolling interests and
redeemable noncontrolling interest
35.6
57.6
46.3
53.8
Net (loss) income attributable to First Data Corporation
$ (200.5) $ (34.5) $ (234.6) $ 11.8






Revenues
$ 2,590.9
$ 2,708.8
$ 2,712.1
$ 2,797.1
Expenses
2,399.8
2,438.5
2,408.6
2,439.4
Operating profit
191.1 270.3 303.5 357.7
Interest income
2.7
2.6
2.7
3.1
Interest expense
(469.0)
(472.2)
(469.0)
(470.5)
Other income (expense)
0.3
15.0
(36.2)
(26.0)
Loss before income taxes and equity earnings in affiliates
(274.9) (184.3) (199.0) (135.7)
Income tax expense (benefit)
61.6
11.5
28.6
(15.2)
Equity earnings in affiliates
37.7
51.0
47.3
52.3
Net loss
(298.8) (144.8) (180.3) (68.2)
Less: Net income attributable to noncontrolling interests and
redeemable noncontrolling interest
38.6
44.3
39.2
54.9
Net loss attributable to First Data Corporation
$ (337.4) $ (189.1) $ (219.5) $ (123.1)
92