万事达卡Mastercard Incorporated (MA) 2003年年度报告「NYSE」.pdf

1、MasterCard Incorporated Annual Report 2003How MasterCard brings unique value to the payments industry.Think .anticipate trends and formulate strategies.Do.develop innovative,flexible programs.Deliver.bring profitable solutions to customers worldwide and do it all in a spirit of cooperation that is u

2、nique in the payments industry.At MasterCard International,we believe the payments arena is far too dynamic for any other approach that“one size fits all”and“take it or leave it”are not part of our lexicon that insight,foresight,and customer focus make us a leading force in the payments space.Does t

3、hat make us different?No question about it.Theres only one MasterCard.3Selected Financial DataAll figures in U.S.dollarsYears Ended December 31(in thousands except per-share data)2003 2002 2001Income Statement DataRevenue$2,230,851$1,891,811$1,611,334Operating Income(loss)(601,862)141,997 221,702Net

4、 Income(loss)*(385,793)116,429 142,061Net Income(loss)per Share(basic and diluted)*(3.86)1.35 1.98Balance Sheet DataTotal Assets$2,900,905$2,260,875$1,486,305Obligations Under U.S.Merchants Lawsuit and Other Legal Settlements 672,466 Long-Term Debt 229,574 80,107 80,065Stockholders/Members Equity 69

5、8,721 1,023,406 606,661*Excluding$486,019 after-tax impact of U.S.merchants lawsuit settlement,our 2003 net income would be$100,226($385,793 net loss plus$486,019 settlement)or$1.00 per share.2 23In 2003,we demonstrated both the strength and the promise of our company.In the face of numerous challen

6、ges,we made good progress against our objectives and increased revenues while closely managing our expenses.At the same time,we moved forward with initiatives that will strategically position MasterCard for future growth.Despite economic weakness,the outbreak of SARS,and geopolitical instability,car