Slide 1: MasterCard Incorporated First-Quarter 2012 Financial Results Conference Call
MasterCard Incorporated First-Quarter 2012 Financial Results Conference Call May 2, 2012
Slide 2: Business Update
Business Update Operational Overview Economic Update Business Highlights
Slide 3: 1st Quarter Selected Financial Performance
1st Quarter Selected Financial Performance ($ in millions, except per share data) YOY 1Q 12 1Q 11 Growth Net revenue $ 1,758 $ 1,501 17% Total operating expenses 758 665 14% Operating income 1,000 836 20% Operating margin 56.9% 55.7% 1.2 ppts Net income $ 682 $ 562 21% Diluted EPS $ 5.36 $ 4.29 25%
Slide 4: Gross Dollar Volume (GDV)
1st Quarter Gross Dollar Volume (GDV) ($ in billions) $1,000 Worldwide 18% Growth $900 $849 Rest of World $800 21% Growth $729 $700 $343 $600 $288 $566 United States $500 $480 14% Growth $191 $400 $163 $283 $300 $248 $506 $200 $441 $126 $152 $374 $318 $100 $123 $131 $0 1Q 11 1Q 12 1Q 11 1Q 12 1Q 11
Slide 5: Processed Transactions and Cards
1st Quarter Processed Transactions and Cards Processed Transactions 29% Growth 9,000 8,000 7,000 millions) 6,000 (in 5,000 4,000 Transactions 3,000 2,000 1,000 7,717 5,971 1Q 11 1Q 12 Cards 9% Growth 2,000 1,800 1,600 1,400 1,200 1,000 cards (in million) 1,808 1,652 726 664 988 1,082 1Q 11 1Q 12 Mas
Slide 6: Revenue
1st Quarter Revenue ($ in millions) $2,000 $1,500 $1,000 $500 $0 -$500 -$1,000 1Q 11 1Q 12 $1,758 $1,501 $840 $723 $714 $531 $590 $462 $203 $262 ($477) ($589) Domestic Cross-Border Transaction Other Rebates and Total Net Assessments Volume Fees Processing Fees Revenues Incentives Revenue +16% +15% +
Slide 7: Operating Expenses
1st Quarter Operating Expenses ($ in millions) $800 $600 $400 $200 $0 1Q 11 1Q 12 $758 $665 $579 $494 $129 $125 $42 $54 General Advertising Depreciation Total & & & Operating Administrative Marketing Amortization Expenses +17% (3%) +30% +14% +15% Constant Currency Note: Figures may not sum due to ro
Slide 8: Thoughts for the Future
Thoughts for the Future Business update through April 28 Thoughts for 2012 Net Revenue Total Operating Expenses Tax Rate Long-term financial objectives
Slide 9: MasterCard Worldwide
MasterCard Worldwide The Heart of Commerce TM