Visa 2007 Annual Report Download - page 124

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Table of Contents
VISA U.S.A. INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The Company provides processing and development services and various license and usage rights to Visa International, Visa Canada and Visa Europe, in
accordance with service agreements with these entities. A summary of data processing fees and other revenues received from Visa International, Visa Canada
and Visa Europe is as follows:
For the Years Ended September 30,
2007 2006 2005
(in thousands)
Visa International $ 212,043 $ 215,307 $ 203,495
Visa Canada 19,708 19,104 18,596
Visa Europe 60,703 64,738 58,127
Total $ 292,454 $ 299,149 $ 280,218
The net receivable balances for related party services due to the Company, presented below, are recorded in accounts receivable, prepaid and other
current assets and accrued liabilities in the Company's consolidated balance sheets.
For the Years Ended
September 30,
2007 2006
(in thousands)
Visa International $ 23,966 $ 30,969
Visa Canada 1,503 1,718
Visa Europe 5,219 4,985
At both September 30, 2007 and 2006, the Company had receivables of $20.0 million from Visa International related to income taxes. This balance is
included in other assets in the Company's consolidated balance sheets.
The Company has an uncommitted credit facility with Visa International whereby the Company or Visa International may provide the other short-term
financing with a maximum term of five business days. Neither the Company nor Visa International has the obligation to lend to or to borrow from the other
company. There were no outstanding balances at September 30, 2007 or September 30, 2006 under this arrangement.
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