FDC 2017 Annual Report

4 1 Ye a r E n d e d D e c e m b e r 3 1, 2 0 1 5 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 Ye a r E n d e d D e c e m b e r 3 1, 2 0 1 6 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 $ 8 8 3 $ 7 3 ( b) $ — $ — $ 9 5 6 8 % 8 % E M E A 4 3 5 2 9 (c) ( 3 1) — 4 3 3 — % 7 % L A T A M 1 0 2 4 3 ( d) ( 2 3) — 1 2 2 2 0 % 4 2 % A P A C 7 5 8 (e) ( 1) — 8 2 9 % 1 0 % T ot al s e g m e nt r e v e n u e $ 1, 4 9 5 $ 1 5 3 $ ( 5 5) $ — $ 1, 5 9 3 7 % 1 0 % ( 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) N ort h A m eri c a r e v e n u e i n cr e as e w as dri v e n b y gr o wt h i n o ur pri nt b usi n ess a n d o ur cr e dit a n d r et ail c ar d pr o c essi n g b usi n ess. O ur pri nt b usi n ess gr e w b y $ 3 8 milli o n pri n ci p all y d u e t o a n e w e nt er pris e wi n fr o m a n e xisti n g c ust o m er. Cr e dit a n d r et ail pr o c essi n g gr e w b y $ 4 4 milli o n fr o m a n i n cr e as e i n c ar d a c c o u nts o n fil e s plit e v e nl y b et w e e n gr o wt h i n e xisti n g c ust o m ers a n d n e w b usi n ess. I n a d diti o n, o ur N ort h A m eri c a cr e dit a n d r et ail pr o c essi n g b usi n ess b e n efit e d b y $ 7 milli o n fr o m a t er mi n ati o n f e e, pri n ci p all y i n t h e f o urt h q u art er. ( c) E M E A c o nst a nt c urr e n c y r e v e n u e i n cr e as e w as dri v e n b y n e w a n d e xisti n g b usi n ess gr o wt h a n d pr of essi o n al s er vi c es gr o wt h of $ 2 8 milli o n i n t h e U nit e d Ki n g d o m a n d e xisti n g b usi n ess gr o wt h of $ 1 4 milli o n i n t h e Mi d dl e E ast a n d Afri c a. Gr o wt h i n pr of essi o n al s er vi c es w as p arti all y offs et b y pri c e c o m pr essi o n i n Gr e e c e. Gr e e c e pri c e c o m pr essi o n w as dri v e n b y r e n e w al of o n e l ar g e cli e nt i n 2 0 1 5. ( d) L A T A M c o nst a nt c urr e n c y r e v e n u e i n cr e as e w as pri m aril y dri v e n b y str o n g gr o wt h i n Ar g e nti n a of $ 2 0 milli o n, w hi c h b e n efit e d b y v ol u m e gr o wt h a n d i nfl ati o n, a n i n cr e as e i n Visi o n P L U S li c e nsi n g r e v e n u es of $ 1 7 milli o n m ostl y d u e t o li c e ns e f e e r es ol uti o ns, a n d a n i n cr e as e i n C ol o m bi a of $ 6 milli o n fr o m a n e w pr o c essi n g d e al. T h e r e m ai ni n g $ 4 milli o n gr o wt h c a m e fr o m o ur C ari b b e a n b usi n ess d u e t o hi g h er pr o c essi n g a n d pr of essi o n al s er vi c es r e v e n u e. ( e) A P A C c o nst a nt c urr e n c y 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 a n d a n e w pr o c essi n g cli e nt i n A ustr ali a. T h e f oll o wi n g t a bl e dis pl a ys t ot al c ar d a c c o u nts 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 c ar d a c c o u nts o n fil e (a) 9 0 6 8 5 5 8 1 3 6 % 5 % I nt er n ati o n al c ar d a c c o u nts o n fil e ( b) 1 7 0 1 5 1 1 3 5 1 3 % 1 2 % ( a) N ort h A m eri c a c ar d a c c o u nts o n fil e r efl e ct t h e t ot al n u m b er of b a n k c ar d cr e dit a n d r et ail cr e dit a c c o u nts as of t h e e n d of t h e p eri o ds pr es e nt e d. ( b) I nt er n ati o n al c ar d a c c o u nts o n fil e r efl e ct t ot al b a n k c ar d a n d r et ail a c c o u nts o utsi d e t h e U nit e d St at es a n d C a n a d a as of th e e n d of t h e p eri o ds pr es e nt e d. 2 0 1 5 I nt er n ati o n al c ar d a c c o u nts o n fil e r efl e ct a n u p d at e d c ar d a c c o u nt t ot al. N ort h A m eri c a c ar d a c c o u nts o n fil e i n cr e as e d i n 2 0 1 7 c o m p ar e d t o t h e s a m e p eri o d i n 2 0 1 6 fr o m gr o wt h i n e xisti n g cli e nts. I nt er n ati o n al a c c o u nts o n fil e i n cr e as e d i n 2 0 1 7 c o m p ar e d t o t h e s a m e p eri o d i n 2 0 1 6 d u e t o n e w b usi n ess a n d gr o wt h of e xisti n g cli e nts t hr o u g h o ut all of o ur i nt er n ati o n al r e gi o ns. N ort h A m eri c a c ar d a c c o u nts o n fil e i n cr e as e d i n 2 0 1 6 c o m p ar e d t o 2 0 1 5 fr o m gr o wt h i n e xisti n g cli e nts. I nt er n ati o n al a c c o u nts o n fil e i n cr e as e d 2 0 1 6 c o m p ar e d t o 2 0 1 5 d u e t o n e w p ortf oli os of e xisti n g cli e nts t hr o u g h o ut all of o ur i nt er n ati o n al r e gi o ns.