Slide 1: MasterCard Incorporated Third-Quarter 2013 Financial Results Conference Call
MasterCard Incorporated Third-Quarter 2013 Financial Results Conference Call October 31, 2013 ©2013 MasterCard. Proprietary
Slide 2: Business Update
Business Update 2 • Recap of 3rd Quarter Results • Economic Update • Business Highlights ©2013 MasterCard. Proprietary
Slide 3: 3rd Quarter Selected Financial Performance
3rd Quarter Selected Financial Performance ($ in millions, except per share data) 3 YOY Growth As FX 3Q 13 3Q 12 Reported Adjusted Net revenue $ 2,218 $ 1,918 16% 15% Total operating expenses 970 854 14% 13% Operating income 1,248 1,064 17% 16% Operating margin 56.3% 55.5% 0.8 ppts 0.6 ppts Net inco
Slide 4: 3rd Quarter Gross Dollar Volume (GDV)
3rd Quarter Gross Dollar Volume (GDV) ($ in billions) 4 Worldwide $1,200 15% Growth $1,045 $1,000 Rest of World $919 18% Growth $454 $800 $729 $387 $629 $600 $290 United States 9% Growth $238 $400 $290 $316 $590 $533 $149 $164 $439 $200 $391 $142 $151 $0 3Q12 3Q13 3Q12 3Q13 3Q12 3Q13 Credit Debit No
Slide 5: Processed Transactions and Cards
3rd Quarter Processed Transactions and Cards 5 Processed Transactions Cards 16% Growth 8% Growth 10,000 1,969 2,000 1,822 8,000 729 Transactions (in millions) 1,500 721 Cards (in millions) 6,000 10,038 1,000 4,000 8,679 1,240 500 1,101 2,000 0 0 3Q 12 3Q 13 3Q 12 3Q 13 MasterCard Cards Maestro Cards
Slide 6: 3rd Quarter Revenue
3rd Quarter Revenue ($ in millions) 6 3Q 12 3Q 13 $2,218 $1,918 $2,000 $883 $963 $1,000 $760 $763 $865 $630 $294 $336 $0 ($652) ($706) -$1,000 Domestic Cross-Border Transaction Other Rebates and Total Net Assessments Volume Fees Processing Fees Revenues Incentives Revenue As reported +9% +21% +13% +
Slide 7: 3rd Quarter Operating Expenses
3rd Quarter Operating Expenses ($ in millions) 7 3Q 12 3Q 13 $970 $1,000 $854 $800 $701 $620 $600 $400 $176 $205 $200 $58 $64 $0 General Advertising Depreciation Total & & & Operating Administrative Marketing Amortization Expenses As reported +13% +17% +9% +14% FX adjusted +13% +16% +9% +13% Note: F
Slide 8: Thoughts for the Future
Thoughts for the Future 8 • Business update through October 28 • Long-Term Performance Objectives • Thoughts for 2013 o Revenue o Operating Expenses o Tax Rate o FX sensitivity ©2013 MasterCard. Proprietary
Slide 9: ©2013 MasterCard. Proprietary
©2013 MasterCard. Proprietary