FDC 2017 Annual Report

4 0 T h e f oll o wi n g t a bl e dis pl a ys t ot al m er c h a nt tr a ns a cti o ns f or t h e p eri o ds pr es e nt e d: Ye a r e n d e d D e c e m b e r 3 1, P e rc e nt C h a n g e (i n milli o ns) 2 0 1 7 2 0 1 6 2 0 1 5 2 0 1 7 vs. 2 0 1 6 2 0 1 6 vs. 2 0 1 5 K e y i n di c at ors: N ort h A m eri c a m er c h a nt tr a ns a cti o ns (a) 4 9, 2 4 8 4 6, 3 7 2 4 3, 3 6 2 6 % 7 % I nt er n ati o n al m er c h a nt tr a ns a cti o ns ( b) 9, 7 6 0 8, 2 4 6 6, 8 2 6 1 8 % 2 1 % ( a) N ort h A m eri c a n m er c h a nt tr a ns a cti o ns i n cl u d e a c q uir e d Vis a a n d M ast er C ar d cr e dit a n d si g n at ur e d e bit, A m eri c a n E x pr ess a n d Dis c o v er, PI N- d e bit, el e ctr o ni c b e n efits tr a ns a cti o ns, pr o c ess e d- o nl y a n d g at e w a y c ust o m er tr a ns a cti o ns at t h e P oi nt of S al e ( P O S). N ort h A m eri c a n m er c h a nt tr a ns a cti o ns r efl e ct 1 0 0 % of alli a n c e tr a ns a cti o ns. ( b) I nt er n ati o n al tr a ns a cti o ns i n cl u d e Vis a, M ast er C ar d, a n d ot h er p a y m e nt n et w or k m er c h a nt a c q uiri n g tr a ns a cti o ns f or cli e nts o utsi d e t h e U. S. a n d C a n a d a. Tr a ns a cti o ns i n cl u d e cr e dit, si g n at ur e d e bit, PI N- d e bit P O S, P O S g at e w a y, a n d A ut o m at e d Tell er M a c hi n e ( A T M) tr a ns a cti o ns. N ort h A m eri c a tr a ns a cti o n gr o wt h i n 2 0 1 7 c o m p ar e d t o 2 0 1 6 w as dri v e n b y c o nti n u e d gr o wt h i n c o ns u m er el e ctr o ni c p a y m e nts s p e n di n g. I nt er n ati o n al tr a ns a cti o n gr o wt h i n 2 0 1 7 c o m p ar e d t o 2 0 1 6 w as dri v e n b y a 1 2 % i n cr e as e i n E M E A, 2 8 % i n cr e as e i n A P A C, a n d a 4 7 % i n cr e as e i n L A T A M. N ort h A m eri c a tr a ns a cti o n gr o wt h i n 2 0 1 6 c o m p ar e d t o 2 0 1 5 w as dri v e n b y gr o wt h i n o ur alli a n c es. I nt er n ati o n al tr a ns a cti o n gr o wt h i n 2 0 1 7 c o m p ar e d t o 2 0 1 6 w as dri v e n b y a 1 4 % i n cr e as e i n E M E A, 2 9 % i n cr e as e i n A P A C, a n d a 5 0 % i n cr e as e i n L A T A M. Gl o b al Fi n a n ci al S ol uti o ns s e g m e nt r es ults T h e f oll o wi n g t a bl e dis pl a ys t ot al r e v e n u e b y s e g m e nt r e gi o n a n d ill ustr at es, o n a p er c e nt a g e b asis, t h e i m p a ct of f or ei g n c urr e n c y fl u ct u ati o ns o n r e v e n u e gr o wt h. Ye a r E n d e d D e c e m b e r 3 1, 2 0 1 6 C o re G r o wt h ( D e cli n e) C u r re n c y I m p a ct (a) Dis p ositi o ns ( b) Ye a r E n d e d D e c e m b e r 3 1, 2 0 1 7 P e rc e nt C h a n g e R e p o rt e d C o nst a nt C u r re n c y P e rc e nt C h a n g e (i n milli o ns) R e v e n u es: N ort h A m eri c a $ 9 5 6 $ ( 7) (c) $ — $ — $ 9 4 9 ( 1) % ( 1) % E M E A 4 3 3 3 0 ( d) ( 1 3) ( 6) 4 4 4 3 % 6 % L A T A M 1 2 2 1 3 (e) ( 3) — 1 3 2 9 % 1 2 % A P A C 8 2 1 3 (f) 3 — 9 8 1 9 % 1 6 % T ot al s e g m e nt r e v e n u e $ 1, 5 9 3 $ 4 9 $ ( 1 3) $ ( 6) $ 1, 6 2 3 2 % 3 % ( a) C urr e n c y i m p a ct is t h e diff er e n c e b et w e e n t h e c urr e nt y e ar's a ct u al r es ults a n d t h e s a m e y e ar's r es ults c o n v ert e d wit h t h e pri or y e ar's f or ei g n e x c h a n g e r at e. C o nst a nt c urr e n c y p er c e nt a g e c h a n g e is a m e as ur e of r e v e n u e gr o wt h b ef or e f or ei g n c urr e n c y i m p a ct. ( b) B usi n ess dis p ositi o n of Lit h u a ni a, L at vi a a n d Est o ni a (i. e. t h e B alti cs) i n S e pt e m b er 2 0 1 7. S e e n ot e 1 2 " A c q uisiti o ns a n d Dis p ositi o ns" t o o ur c o ns oli d at e d fi n a n ci al st at e m e nts i n P art II, It e m 8 of t his F or m 1 0- K f or a d diti o n al i nf or m ati o n. ( c) N ort h A m eri c a r e v e n u e w as dri v e n b y gr o wt h i n a c c o u nt pr o c essi n g, offs et b y $ 2 0 milli o n pl asti cs r e v e n u e d e cli n e a n d a pri or y e ar o n e-ti m e t er mi n ati o n f e e of $ 7 milli o n. ( d) E M E A r e v e n u e i n cr e as e w as dri v e n b y $ 2 4 milli o n of n e w b usi n ess a n d e xisti n g cli e nt gr o wt h i n t h e U nit e d Ki n g d o m a n d $ 1 2 milli o n of e xisti n g cli e nt gr o wt h i n t h e Mi d dl e E ast & Afri c a, p arti all y offs et b y attriti o n a n d l o w er v ol u m es i n t h e r e gi o n. ( e) L A T A M r e v e n u e i n cr e as e w as dri v e n b y $ 1 3 milli o n of e xisti n g cli e nt gr o wt h i n Ar g e nti n a a n d $ 6 milli o n of n e w b usi n ess i n Col o m bi a, p arti all y offs et b y a y e ar o v er y e ar d e cr e as e i n li c e ns e r es ol uti o ns f e es. (f) A P A C r e v e n u e i n cr e as e w as dri v e n b y pr of essi o n al s er vi c es i n A ustr ali a a n d Si n g a p or e of $ 6 milli o n a n d $ 5 milli o n r es p e cti vel y, as w ell as i nt er n al gr o wt h i n A ustr ali a.