Slide 1: MasterCard Incorporated Third-Quarter 2011 Financial Results Conference Call
Exhibit 99.2 MasterCard Incorporated Third-Quarter 2011 Financial Results Conference Call November 2, 2011
Slide 2: Business Update
Business Update Operational Overview Economic Update Business Highlights
Slide 3: 3rd Quarter Selected Financial Performance
3rd Quarter Selected Financial Performance ($ in millions, except per share data) YOY 3Q 11 3Q 10 Growth Net revenue $ 1,818 $ 1,428 27.3% Total operating expenses 816 662 23.1% Operating income 1,002 766 30.9% Operating margin 55.1% 53.6% 1.5 ppts Net income $ 717 $ 518 38.4% Diluted EPS $ 5.63 $ 3
Slide 4: Gross Dollar Volume (GDV)
3rd Quarter Gross Dollar Volume (GDV) ($ in billions) Notes: 1. Growth rates are shown in local currency 2. Figures may not sum due to rounding $1,000 $900 $800 $700 $600 $500 $300 $200 $100 $0 $400 Worldwide 18.1% Growth $684 $844 $236 $304 $448 $539 3Q 10 3Q 11 United States 13.6% Growth $238 $271
Slide 5: Processed Transactions and Cards
3rd Quarter Processed Transactions and Cards Processed Transactions 20.5% Growth Transactions (in millions) 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 5,822 7,016 3Q 10 3Q 11 Cards 7.8% Growth Cards (in millions) 2,000 1,600 1,200 800 400 0 1,605 651 954 1,730 695 1,034 3Q 10 3Q 11 MasterCard
Slide 6: Revenue
3rd Quarter Revenue ($ in millions) $2,000 3Q 10 3Q 11 $1,818 $1,600 $1,428 $1,200 $672 $843 $693 $800 $541 $581 $550 $265 $400 $187 $0 -$400 -$800 ($522) ($564) Domestic Assessments Cross-Border Volume Fees Transaction Processing Fees Other Revenues Net Revenue Rebates & Incentives Net Revenue incr
Slide 7: Operating Expenses
3rd Quarter Operating Expenses ($ in millions) 3Q 10 3Q 11 $1,000 $816 $800 $662 $565 $600 $444 $400 $182 $200 $200 $36 $51 $0 General & Advertising & Depreciation & Total Operating Administrative Marketing Amortization Expenses Total Operating Expenses increased 23.1%; or 20.8% on a constant curren
Slide 8: Cash Flow Statement and Balance Sheet Highlights
3rd Quarter Cash Flow Statement and Balance Sheet Highlights Cash flow from operations of $1.0 billion in 3Q11 Cash, cash equivalents and other liquid investments of $4.4 billion at September 30, 2011 Share Repurchase Activity 3Q11: 250,100 shares (cost of $77 million) As of October 27, remaining au
Slide 9: Thoughts for the Future
Thoughts for the Future Business update through October 28 Thoughts for 2011 Net Revenue Total Operating Expenses Tax Rate Long-term financial objectives
Slide 10: MasterCard
MasterCard Worldwide The Heart of Commerce™