Mastercard Incorporated · NYSE:MA

Mastercard — Q4 2013 Earnings Presentation

13 slides from Mastercard's earnings presentation, Jan 31, 2014

  1. Slide 1: Fourth-Quarter and Full-Year 2013 Financial Results Conference Call

    Exhibit 99.2 Exhibit MasterCard. MasterCard Fourth-Quarter January ©2014 99.2 31, 2014 Incorporated and Full-Year Proprietary 2013 Financial Results Conference Call

  2. Slide 2: Business Update, Operational Highlights, Economic Overview

    2 Business ©2014 Update Proprietary Operational Economic MasterCard. Highlights Update Overview

  3. Slide 3: Selected Financial Performance, 4th Quarter 2013

    4th *3($ YOY 4Q in13 ©2014Quarter millions, Non-GAAP excl. Total Operating Net Diluted Note:revenue income special Proprietary Selected operating Growth Figures EPS See income margin $As except $Appendix item* $684 may 2,126 0.57 MasterCard.FX $Financial expenses 47.7% $1,015 not 4Q per $605 0.49 sh

  4. Slide 4: 4th Quarter Figures: Worldwide Gross Dollar Volume

    4thFigures ($ Page 14% Worldwide $1,200 $988 $1,000 $800 $781 $483 $600 7% $400 $568 $200 $147 4Q12 $0 Credit Notes: 2. ©2014 Proprietary inQuarter Growth Growth billions) 4$155 Rest $420 United $301 $621 4Q13 Debit 1. $1,104 17% MasterCard. Growth may of $687 $324 $169 Gross $265 4Q12 Growth States

  5. Slide 5: 4th Quarter Figures: Processed Transactions and Cards

    4th Page Processed 13% millions) 10,000 12,000 Transactions 9,222 10,415 6,000 9% 2,000 1,987 1,500 706 (in Cards 04500 MasterCard Note: ©2014 Proprietary Q millions) 12 Quarter Growth 1,131 Growth 5Figures 1,824 692 1,281 4Q MasterCard. 8,000 13 Transactions Processed Cards 1,000 4,000 may Maestro

  6. Slide 6: 4th Quarter 2013 Net Revenue

    4thin12 6($ Quarter millions) Proprietary 4Q $2,000 $2,126 $916 $1,000 $329 $616 -$1,000 $0 Domestic Assessments As-reported FX-adjusted Note: ©2014 13Revenue $1,001 $400 Certain 4Q $1,895 $749 MasterCard. ($753) Cross-Border +9% +9% $901 $787 Volume prior ($925) +22% +20% period Fees Transaction +1

  7. Slide 7: 4th Quarter 2013 Operating Expenses

    4th *7($ 4Q in12 ©2014Quarter $1,200 $800 $996 $400 $639 $62 General $0 & millions) Administrative As-reported FX-adjusted Note: & $71 & $719 $295 Operating Figures 4Q $1,111 Operating Advertising See Proprietary 13 $321 +12% Appendix +12% may Expenses Marketing MasterCard.+9% not +8% Depreciation s

  8. Slide 8: Business Update: Future Performance Objectives and Tax Rate

    8 Rate Proprietary Business Long-Term Thoughts Operating Revenue Tax ©2014 the through MasterCard. update for ExpensesFuture January Performance 2014 Objectives 28

  9. Slide 9: MasterCard

    9 MasterCard

  10. Slide 10: Appendix: GAAP Reconciliation, Three Months Ended December 31

    Appendix GAAP ($ Three December Actual Special Provision Total Operating Income Effective Net Basic Diluted (a) Note: ©2014 Proprietary in Represents Income millions, operating Figures Earnings Months Item Reconciliation MasterCard. before tax Earnings Tax for Aincome Margin 31, expense 623 (a) liti

  11. Slide 11: Appendix: GAAP Reconciliation, Twelve Months Ended December 31

    Appendix GAAP ($ Twelve December Special Actual Provision Total Operating Income Effective Net Basic Diluted (a)inIncome millions, operating Earnings Item Reconciliation Months Special before tax Earnings Represents Proprietary Note: ©2014 Tax for Aincome Margin 31, expense Figures3,116 (a) (continu

  12. Slide 12: Appendix: 4th Quarter G&A Detail

    Appendix 4th ($ Dollar Three December 2013 Personnel Professional Data Foreign Other General Note: ©2014 Proprietary inQuarter millions) processing vs. 2012 Figures 116 Months Percent MasterCard. exchange and 2013 B $452 107 31 2012 G&A administrative fees (Decrease) may Ended vs. 9$398 and 82012 89

  13. Slide 13: Appendix: Diluted Earnings Per Share Growth

    Appendix Diluted Pre-split 2013 Growth 2012 Post-split Incl. EPS *Excl. ©2014 Proprietary Post-split Special Pro Special MasterCard. Earnings Rate Rate* and Q1 Forma Q1 Cgrowth Q2 Items Post-split Q2 Items Q3 Q3 Per $6.23 16% $0.62 15% $0.54 rates $6.23 16% $0.62 15% $0.54 Q4 Q4 Share reconciliation

MasterCard — Q4 2013 Earnings Presentation on 6ix