FIRST DATA CORP (FDC) [Rocket]

In millions, except per share items	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Global Business Solutions	5,627.0	4,899.0	4,681.0	4,089.0	4,046.0	3,938.0
Global Financial Solutions	2,408.0	1,623.0	1,593.0	1,495.0	1,489.0	1,384.0
International	2,035.0	1,851.0	1,694.0				1,718.4	6,522.8
Network & Security Solutions	1,489.0	1,543.0	1,485.0	1,464.0	1,369.0	1,362.0
Other		2,136.0	2,131.0	4,403.0	4,248.0	4,125.0	8,961.9	4,190.8
Total revenues [+]	9,498.0	12,052.0	11,584.0	11,451.0	11,152.0	10,809.0	10,680.3	10,713.6
Other							504.2	548.4
Revenue growth [+]	-21.2%	4.0%	1.2%	2.7%	3.2%	1.2%	-0.3%	3.2%
Global Business Solutions	14.9%	4.7%	14.5%	1.1%	2.7%
Global Financial Solutions	48.4%	1.9%	6.6%	0.4%	7.6%
International	9.9%	9.3%					-73.7%	302.4%
Network & Security Solutions	-3.5%	3.9%	1.4%	6.9%	0.5%
Corporate & Other							-11.5%	-6.3%
Cost of goods sold [+]	6,475.0	9,229.0	8,972.0	3,227.0	2,998.0	3,051.0	3,199.8	3,258.0
Cost of product sales				356.0	330.0	328.0	336.3	369.6
Cost of services				2,871.0	2,668.0	2,723.0	2,863.5	2,888.4
Gross profit	3,023.0	2,823.0	2,612.0	8,224.0	8,154.0	7,758.0	7,480.5	7,455.6
Gross margin	31.8%	23.4%	22.5%	71.8%	73.1%	71.8%	70.0%	69.6%
Selling, general and administrative	1,128.0	1,115.0	1,000.0	2,292.0	2,043.0	1,980.0	1,825.4	1,693.7
Equity in earnings	221.0	222.0	260.0	239.0	220.0	188.0	158.2	153.4
Other operating expenses	-1,009.0	-972.0	-949.0	3,740.0	3,617.0	3,515.0	3,361.5	3,529.0
EBITDA [+]	3,206.0	3,003.0	2,933.0	2,542.0	2,821.0	2,572.0	2,591.1	2,485.5
EBITDA growth	6.8%	2.4%	15.4%	-9.9%	9.7%	-0.7%	4.2%	10.8%
EBITDA margin	33.8%	24.9%	25.3%	22.2%	25.3%	23.8%	24.3%	23.2%
Depreciation	320.0	321.0	300.0	290.0	286.0	288.0	284.5	292.1
EBITA	2,886.0	2,682.0	2,633.0	2,252.0	2,535.0	2,284.0	2,306.6	2,193.4
EBITA margin	30.4%	22.3%	22.7%	19.7%	22.7%	21.1%	21.6%	20.5%
Amortization of intangibles	770.0	752.0	761.0	843.0	877.0	924.0	1,046.4	1,052.1
EBIT [+]	2,116.0	1,930.0	1,872.0	1,409.0	1,658.0	1,360.0	1,260.2	1,141.3
EBIT growth	9.6%	3.1%	32.9%	-15.0%	21.9%	7.9%	10.4%	59.1%
EBIT margin	22.3%	16.0%	16.2%	12.3%	14.9%	12.6%	11.8%	10.7%
Non-recurring items [+]						48.0	28.2	46.4
Asset impairment							5.1
Interest expense, net [+]	-3.0	-1.0	-35.0		-100.0	-2.0	1,889.0	1,825.2
Interest expense							1,897.8	1,833.1
Interest income	3.0	1.0	35.0		100.0	2.0	8.8	7.9
Other income (expense), net [+]	-872.0	-996.0	-1,166.0	-2,576.0	-1,941.0	-1,984.0	-94.3	124.1
Gain (loss) on debt retirement	-153.0	-80.0	-70.0	-1,068.0	-274.0	-79.0
Other					161.0	-47.0	-94.3	124.1
Pre-tax income	1,247.0	935.0	741.0	-1,167.0	-183.0	-670.0	-751.3	-606.2
Income taxes	49.0	-729.0	81.0	101.0	82.0	105.0	-224.0	-270.1
Tax rate	3.9%		10.9%				29.8%	44.6%
Minority interest	193.0	199.0	240.0	213.0	193.0	177.0	173.6	180.0
Net income	1,005.0	1,465.0	420.0	-1,481.0	-458.0	-952.0	-700.9	-516.1
Net margin	10.6%	12.2%	3.6%	-12.9%	-4.1%	-8.8%	-6.6%	-4.8%

Basic EPS [+]	$1.08	$1.60	$0.47	($7.71)	($458,000.00)	($952,000.00)	($700,900.00)
Growth	-32.4%	243.5%	-106.0%	-100.0%	-51.9%	35.8%
Diluted EPS [+]	$1.05	$1.56	$0.46	($7.71)	($458,000.00)	($952,000.00)	($700,900.00)
Growth	-32.6%	241.8%	-105.9%	-100.0%	-51.9%	35.8%

Shares outstanding (basic) [+]	929.0	916.0	902.0	192.0	0.0	0.0	0.0
Growth	1.4%	1.6%	369.8%	19199900.0%	0.0%	0.0%
Shares outstanding (diluted) [+]	957.0	940.0	921.0	192.0	0.0	0.0	0.0
Growth	1.8%	2.1%	379.7%	19199900.0%	0.0%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.