1、MasterCard Annual Report 2014A S H A R E D J O U R N E YS U M M A RY C O N S O L I D AT E D F I N A N C I A L A N D O T H E R D ATA For the Years Ended December 31 (in millions,except per share and operating data)2014 2013 2012Statement of Operations Net Revenue$9,473$8,346$7,391General and Administ
2、rative 3,184 2,649 2,429 Advertising and Marketing 862 841 775Depreciation and Amortization 321 258 230Provision for Litigation Settlement 95 20Total Operating Expenses 4,367 3,843 3,454Operating Income 5,106 4,503 3,937 Total Other Income(Expense)(27)(3)(4)Income before Income Taxes 5,079 4,500 3,9
3、33 Income Tax Expense 1,462 1,384 1,174 Net Income$3,617$3,116$2,759Basic Earnings per Share$3.11$2.57$2.20Diluted Earnings per Share$3.10$2.56$2.19Balance Sheet Data(at period end)Cash,Cash Equivalents and Investment Securities Current$6,375$6,295$5,003 Total Assets 15,329 14,242 12,462Equity 6,824
4、 7,495 6,929Operating Data Growth(local currency)Gross Dollar Volume1 13%14%15%Cross-border Volume 16%18%16%Processed Transactions2 12%13%25%1 Gross Dollar Volume(GDV)generated by Maestro and Cirrus cards is not included.The data for GDV is provided by MasterCard customers and includes information w
5、ith respect to MasterCard-branded transactions that are not processed by MasterCard and for which MasterCard does not earn significant revenues.All data is subject to revision and amendment by MasterCards customers subsequent to the date of its release,of which revisions and amendments may be materi
6、al.2 Data represents all transactions processed by MasterCard,including PIN-based debit transactions,regardless of brand.UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549Form 10-KANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year