Slide 1: MasterCard Incorporated Third-Quarter 2012 Financial Results Conference Call
MasterCard Incorporated Third-Quarter 2012 Financial Results Conference Call October 31, 2012
Slide 2: Business Update
Business Update Operational Overview Economic Update Business Highlights
Slide 3: Selected Financial Performance
3rd Quarter Selected Financial Performance ($ in millions, except per share data) YOY Growth As FX 3Q 12 3Q 11 Reported Adjusted Net revenue $ 1,918 $ 1,818 5% 10% Total operating expenses 854 816 5% 8% Operating income 1,064 1,002 6% 12% Operating margin 55.5% 55.1% 0.4 ppts 0.9 ppts Net income $ 7
Slide 4: Gross Dollar Volume (GDV)
3rd Quarter Gross Dollar Volume (GDV) ($ in billions) $1,100 Worldwide 14% Growth $1,000 $918 Rest of World $900 $845 17% Growth $800 $700 $628 $536 $574 $600 $507 United States $500 7% Growth $394 $400 $367 $271 $290 $300 $200 $382 $140 $142 $337 $100 $207 $234 $131 $149 $0 3Q 11 3Q 12 3Q 11 3Q 12
Slide 5: Processed Transactions and Cards
3rd Quarter Processed Transactions and Cards Processed Transactions 24% Growth 9,000 8,000 7,000 6,000 5,000 8,679 4,000 7,016 Transactions (in millions) 3,000 2,000 1,000 3Q 11 3Q 12 Cards 8% Growth 2,000 1,859 1,800 1,718 1,600 1,400 Cards (in millions) 1,200 1,000 1,023 1,121 3Q 11 3Q 12 MasterCa
Slide 6: Revenue
3rd Quarter Revenue ($ in millions) 3Q 11 3Q 12 $2,000 $1,818 $1,918 $1,500 $843 $908 $1, 000 $693 $763 $581 $630 $500 $265 $294 $0 -$500 -$1,000 ($564) ($677) -$1,500 Domestic Assessments Cross-Border Volume Fees Transaction Processing Fees Other Revenues Rebates and Incentives Total Net Revenue +8
Slide 7: Operating Expenses
3rd Quarter Operating Expenses ($ in millions) 3Q 11 3Q 12 $1,000 $816 $854 $800 $620 $565 $600 $400 $200 $176 $200 $51 $58 $0 General & Administrative Advertising & Marketing Depreciation & Amortization Total Operating Expenses +10% (12%) +14% +5% +8% FX adjusted Note: Figures may not sum due to ro
Slide 8: Thoughts for the Future
Thoughts for the Future Business update through October 28 Thoughts for 2012 Net Revenue Operating Expenses Tax Rate Long-term financial objectives
Slide 9: MasterCard
MasterCard Worldwide The Heart of Commerce”