Exhibit 99.2
FISERV, INC. AND SUBSIDIARIES
QUARTERLY FINANCIAL INFORMATION
(in millions, except per share amounts, unaudited)
First Quarter 2008 |
Second Quarter 2008 |
Third Quarter 2008 |
Year-to-Date 2008 |
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Revenues |
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Processing and services |
$ | 943 | $ | 947 | $ | 874 | $ | 2,764 | ||||||||
Product |
363 | 345 | 206 | 914 | ||||||||||||
Total revenues |
1,306 | 1,292 | 1,080 | 3,678 | ||||||||||||
Expenses |
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Cost of processing and services |
558 | 553 | 506 | 1,617 | ||||||||||||
Cost of product |
307 | 296 | 162 | 765 | ||||||||||||
Selling, general and administrative |
211 | 216 | 198 | 625 | ||||||||||||
Total expenses |
1,076 | 1,065 | 866 | 3,007 | ||||||||||||
Operating income |
230 | 227 | 214 | 671 | ||||||||||||
Interest expensenet |
(69 | ) | (61 | ) | (57 | ) | (187 | ) | ||||||||
Gain on sale of businesses |
| | 19 | 19 | ||||||||||||
Income from continuing operations before income taxes and income from investment in unconsolidated affiliate |
161 | 166 | 176 | 503 | ||||||||||||
Income tax provision |
(62 | ) | (64 | ) | (105 | ) | (231 | ) | ||||||||
Income from investment in unconsolidated affiliatenet of income taxes |
| | 3 | 3 | ||||||||||||
Income from continuing operations |
99 | 102 | 74 | 275 | ||||||||||||
Income (loss) from discontinued operationsnet of income taxes |
230 | (2 | ) | 4 | 232 | |||||||||||
Net income |
$ | 329 | $ | 100 | $ | 78 | $ | 507 | ||||||||
GAAP earnings (loss) per sharediluted |
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Continuing operations |
$ | 0.60 | $ | 0.62 | $ | 0.45 | $ | 1.67 | ||||||||
Discontinued operations |
1.39 | (0.01 | ) | 0.03 | 1.41 | |||||||||||
Total |
$ | 1.99 | $ | 0.60 | $ | 0.48 | $ | 3.08 | ||||||||
First Quarter 2007 |
Second Quarter 2007 |
Third Quarter 2007 |
Fourth Quarter 2007 |
Full Year 2007 |
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Revenues |
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Processing and services |
$ | 637 | $ | 649 | $ | 647 | $ | 735 | $ | 2,668 | ||||||||||
Product |
298 | 284 | 277 | 370 | 1,229 | |||||||||||||||
Total revenues |
935 | 933 | 924 | 1,105 | 3,897 | |||||||||||||||
Expenses |
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Cost of processing and services |
397 | 394 | 389 | 459 | 1,639 | |||||||||||||||
Cost of product |
236 | 225 | 223 | 295 | 979 | |||||||||||||||
Selling, general and administrative |
124 | 127 | 120 | 169 | 540 | |||||||||||||||
Total expenses |
757 | 746 | 732 | 923 | 3,158 | |||||||||||||||
Operating income |
178 | 187 | 192 | 182 | 739 | |||||||||||||||
Interest expensenet |
(9 | ) | (12 | ) | (12 | ) | (36 | ) | (69 | ) | ||||||||||
Income from continuing operations before income taxes |
169 | 175 | 180 | 146 | 670 | |||||||||||||||
Income tax provision |
(66 | ) | (67 | ) | (68 | ) | (55 | ) | (256 | ) | ||||||||||
Income from continuing operations |
103 | 108 | 112 | 91 | 414 | |||||||||||||||
Income from discontinued operationsnet of income taxes |
11 | | 9 | 5 | 25 | |||||||||||||||
Net income |
$ | 114 | $ | 108 | $ | 121 | $ | 96 | $ | 439 | ||||||||||
GAAP earnings per sharediluted |
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Continuing operations |
$ | 0.60 | $ | 0.63 | $ | 0.67 | $ | 0.55 | $ | 2.45 | ||||||||||
Discontinued operations |
0.06 | | 0.05 | 0.04 | 0.15 | |||||||||||||||
Total |
$ | 0.66 | $ | 0.64 | $ | 0.73 | $ | 0.58 | $ | 2.60 | ||||||||||