Slide 1: MasterCard Incorporated Second-Quarter 2011 Financial Results Conference Call
Exhibit 99.2 MasterCard Incorporated Second-Quarter 2011 Financial Results Conference Call August 3, 2011
Slide 2: Business Update
Business Update • Operational Overview • Economic Update • U.S. Debit Regulation • Business Highlights
Slide 3: Selected Financial Performance
2nd Quarter Selected Financial Performance ($ in millions, except per share data) 2Q 2011 2Q 2010 YOY Growth Net revenue $ 1,667 $ 1,365 22.1% Total operating expenses 782 648 20.8% Operating income 885 717 23.3% Operating margin 53.1% 52.6% 0.5 ppts Net income $ 608 $ 458 32.8% Diluted EPS $ 4.76 $
Slide 4: Gross Dollar Volume (GDV)
2nd Quarter Gross Dollar Volume (GDV) ($ in billions) $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 Worldwide 16.4% Growth $656 $229 $427 $811 $294 $517 United States 9.9% Growth $243 $113 $130 $268 $130 $137 Rest of World 19.9% Growth $413 $116 $297 $544 $164 $380 2Q 10 2Q 11 2Q 10 2Q 11 2Q 10 2Q
Slide 5: Processed Transactions and Cards
2nd Quarter Processed Transactions and Cards Transactions (in millions) 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Processed Transactions 17.4% Growth 5,624 6,601 2Q 10 2Q 11 Cards (in millions) 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 Cards 6.4% Growth 1,590 649 942 1,693 1,016 2Q 10
Slide 6: Revenue ($ in millions)
2nd Quarter Revenue ($ in millions) $1,800 $1,400 $1,000 $600 $200 -$200 -$600 2Q 2010 2Q 2011 Domestic Assessments Cross-Border Volume Fees Transaction Processing Fees Other Revenues Rebates & Incentives Net Revenues $650 $809 $468 $511 $533 $630 $177 $251 ($463) ($534) $1,365 $1,667 • Net Revenue
Slide 7: Operating Expenses ($ in millions)
2nd Quarter Operating Expenses ($ in millions) 2Q 2Q 2011 $800 $600 $400 $200 $0 $433 $540 $180 $193 $35 $49 $648 $782 General & Administrative Advertising & Marketing Depreciation & Amortization Total Operating Expenses Total Operating Expenses increased 20.8%; or 17.1% on a constant currency basis
Slide 8: Cash Flow Statement and Balance Sheet Highlights
2nd Quarter Cash Flow Statement and Balance Sheet Highlights Cash flow from operations of $538 million Cash, cash equivalents and other liquid investments of $3.6 billion Share Repurchase Activity 2Q11: approx. 1.5 million shares (cost of $387 million) 3Q11 through July 28: 77,700 shares (cost of $2
Slide 9: Thoughts for the Future
Thoughts for the Future Business update through July 28 Thoughts for 2011 Net Revenue Total Operating Expenses Tax Rate Long-term financial objectives
Slide 10: MasterCard
MasterCard Worldwide The Heart of CommerceTM