Quarterly Financial Results

12 Months Ended

Dec. 31, 2010

Quarterly Financial Results

Quarterly Financial Results

Note 16: Quarterly Financial Results (Unaudited)

Summarized quarterly results for the two years ended December 31, 2010 and 2009, respectively, are as follows (in millions):

2010 by Quarter:	First			Second			Third			Fourth
Revenues	$	2,402.1		$	2,614.7		$	2,633.1		$	2,730.5
Expenses		2,332.1			2,467.9			2,492.4			2,571.3
Interest income		2.0			1.4			2.1			2.3
Interest expense		(448.9	)		(450.9	)		(455.8	)		(441.0	)
Other income (expense)		8.2			24.8			(52.3	)		3.4
Loss before income taxes and equity earnings in affiliates		(368.7	)		(277.9	)		(365.3	)		(276.1	)
Income tax (benefit) expense		(138.1	)		(122.4	)		52.3			(115.6	)
Equity earnings in affiliates		22.2			33.3			31.2			30.6
Net loss		(208.4	)		(122.2	)		(386.4	)		(129.9	)
Less: Net income attributable to noncontrolling interests		31.7			49.0			44.9			49.3
Net loss attributable to First Data Corporation	$	(240.1	)	$	(171.2	)	$	(431.3	)	$	(179.2	)

2009 by Quarter:	First			Second			Third			Fourth
Revenues	$	2,076.2		$	2,208.6		$	2,443.2		$	2,585.8
Expenses		2,045.8			2,090.4			2,328.4			2,694.4
Interest income		3.3			3.1			3.2			2.1
Interest expense		(448.2	)		(449.6	)		(447.5	)		(451.1	)
Other income (expense)		23.3			(3.6	)		(84.5	)		3.5
Loss before income taxes and equity earnings in affiliates		(391.2	)		(331.9	)		(414.0	)		(554.1	)
Income tax benefit		(144.8	)		(112.8	)		(132.5	)		(188.7	)
Equity earnings in affiliates		18.5			25.5			26.8			27.0
Net loss		(227.9	)		(193.6	)		(254.7	)		(338.4	)
Less: Net income attributable to noncontrolling interests		3.4			2.3			35.9			30.2
Net loss attributable to First Data Corporation	$	(231.3	)	$	(195.9	)	$	(290.6	)	$	(368.6	)