Visa 2008 Annual Report Download - page 104

Table of Contents
VISA INC.
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
Common Stock
Class A Class B
Class C
(series I)
Class C
(series II)
Class C
(series III
and
series IV)
Additional
Paid in
Capital
Treasury
Stock
Accumulated
Income
(Deficit)
Accumulated
Other
Comprehensive
(Loss) Income
Total
Equity
(Deficit)
(in millions)
Balance as of September 30, 2005(1) — — — — — $ — $ — $ 129 $ (3) $ 126
Net income 455 455
Other comprehensive income, net of tax 2 2
Comprehensive income 457
Balance as of September 30, 2006(1) — — — — — $ — $ — $ 584 $ (1) $ 583
Net loss (1,076) (1,076)
Other comprehensive income, net of tax 3 3
Comprehensive loss (1,073)
Adjustment to initially apply SFAS 158, net of tax (9) (2) (11)
Balance as of September 30, 2007(1) — — — — — $ — $ (501) $ — $ (501)
Tax adjustment as a result of adoption of FIN 48 8 8
Net income 804 804
Other comprehensive loss, net of tax (70) (70)
Comprehensive income 734
Issuance of class USA common stock 426 — —
Issuance of class EU (series I) common stock 62 3,041 3,041
Issuance of class EU (series II) common stock 28 1,104 1,104
Issuance of class EU (series III) common stock 1 27 27
Issuance of class Canada common stock 22 1,077 1,077
Issuance of class AP common stock 119 5,822 5,822
Issuance of class LAC common stock 80 3,917 3,917
Issuance of class CEMEA common stock 37 1,797 1,797
Conversion of regional common stock in the true-up (Note 16):
Class USA converted to class B (26) — —
Class EU (series I) converted to class C (series III) — — — —
Class EU (series II) converted to class C (series II) — — —
Class EU (series III) converted to class C (series IV) — — —
Class Canada converted to class C (series I) — (19) (19)
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