Visa 2013 Annual Report Download - page 133
Download and view the complete annual report
Please find page 133 of the 2013 Visa annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135 -
136 -
137 -
138 -
139 -
140 -
141 -
142 -
143 -
144
-
145
-
146
-
147
-
148
-
149
-
150
 |
 |
Selected Quarterly Financial Data (Unaudited)
The following tables show selected quarterly operating results for each quarter and full year of
fiscal 2013 and 2012 for the Company:
Quarter Ended (unaudited) Fiscal Year
Visa Inc.
Sept. 30,
2013
June 30,
2013
Mar. 31,
2013
Dec. 31,
2012 2013 Total
(in millions, except per share data)
Operating revenues .............. $ 2,973 $ 3,001 $ 2,958 $ 2,846 $ 11,778
Operating income ................ $ 1,751 $ 1,828 $ 1,860 $ 1,800 $ 7,239
Net income attributable to Visa
Inc. ............................. $ 1,192 $ 1,225 $ 1,270 $ 1,293 $ 4,980
Basic earnings per share
Class A common stock ............. $ 1.86 $ 1.89 $ 1.93 $ 1.94 $ 7.61
Class B common stock ............. $ 0.78 $ 0.79 $ 0.81 $ 0.82 $ 3.20
Class C common stock ............. $ 1.86 $ 1.89 $ 1.93 $ 1.94 $ 7.61
Diluted earnings per share
Class A common stock ............. $ 1.85 $ 1.88 $ 1.92 $ 1.93 $ 7.59
Class B common stock ............. $ 0.78 $ 0.79 $ 0.81 $ 0.81 $ 3.19
Class C common stock ............. $ 1.85 $ 1.88 $ 1.92 $ 1.93 $ 7.59
Quarter Ended (unaudited) Fiscal Year
Visa Inc.
Sept. 30,
2012(1)
June 30,
2012(2)
Mar. 31,
2012
Dec. 31,
2011 2012 Total
(in millions, except per share data)
Operating revenues ............... $ 2,731 $ 2,565 $ 2,578 $ 2,547 $ 10,421
Operating income (loss) ........... $ 1,522 $ (2,607) $ 1,606 $ 1,618 $ 2,139
Net income (loss) attributable to Visa
Inc. .............................. $ 1,662 $ (1,839) $ 1,292 $ 1,029 $ 2,144
Basic earnings (loss) per share
Class A common stock .............. $ 2.48 $ (2.74) $ 1.92 $ 1.50 $ 3.17
Class B common stock .............. $ 1.05 $ (1.16) $ 0.82 $ 0.73 $ 1.40
Class C common stock .............. $ 2.48 $ (2.74) $ 1.92 $ 1.50 $ 3.17
Diluted earnings (loss) per share
Class A common stock .............. $ 2.47 $ (2.74) $ 1.91 $ 1.49 $ 3.16
Class B common stock .............. $ 1.04 $ (1.16) $ 0.81 $ 0.73 $ 1.39
Class C common stock .............. $ 2.47 $ (2.74) $ 1.91 $ 1.49 $ 3.16
(1) During the fourth quarter of fiscal 2012, we reversed all previously recorded tax reserves and
accrued interest associated with uncertainties related to the deductibility of covered litigation
expense recorded in fiscal 2007 through the third quarter of fiscal 2012, which increased our
quarterly net income by $627 million. The reversal of tax reserves and related interest
125