EFTA01382800.pdf

X- I/A Table of Contents FIRST DATA CORPORATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued) Debt Repurchase On July 11, 2014. First Data Holdings Inc.. the direct parent company of the Company. completed a $3.5 billion issuance of its common equity in a private placement. $2.5 billion of the net proceeds were contributed to the Company as a capital contribution and the funds were used to repurchase a portion of the Company's outstanding 11.75% senior unsecured subordinated notes due 2021, 6.75% senior secured first lien notes due 2020, 10.625% senior unsecured notes due 2021, and 11.25% senior unsecured notes due 2021. In connection with these transactions, the Company incurred debt extinguishment costs of $260 million. Revision of Previously Issued Financial Statements As discussed in Notc 1, the following tables provide an overview of the impact of the correction of immaterial errors to previously filed financial statements related to debt modifications and extinguishments. The impacts of these changes have been reflected throughout the consolidated financial statements. Consolidated Balance Sheets Information As of December 31, As of December 31, 2014 2013 As As (In millions, except per share previously As previously As amounts) reported MijtMW reported Adjusted Other long-term assets $ 915 $ 846 $ 836 $ 774 Total assets 34,269 34.200 35.240 35,178 long-leer borrowings 20,711 20.760 22,557 22,614 Long-term deferred tax liabilities 521 521 553 552 Total liabilities 31,551 31,600 33.478 33,534 Accumulated loss (9,429) (9.547) (8.285) (8,403) Total First Data Corporation stockholder's deficit (452) (570) (1,490) (1,608) Total equity 2,648 2.530 1.693 1,575 Total liabilities and equity 34,269 34.200 35,240 35.178 Consolidated Statements of Operations Information Year Ended Ikcember 31, Year Ended December 31, Year Ended December 31. 2014 2013 2012 As As As previously As previously As previously As reported Ad tasted reported Adjusted reported Adjusted Loss on debt extinguishment $ (260) $ (274) $ — $ (79) $ — $ (56) Interest expense (1.753) (1,739) (1.881) (1,867) (1,898) (1,896) Income tax expense (benefit) 82 82 87 105 (224) (243) Loss before income taxes and equity earnings in affiliates (403) (403) (793) (858) (909) (963) Net loss (265) (265) (692) (775) (527) (562) Net loss attributable to First Data Corporation (458) (458) (869) (952) (701) (736) Comprehensive loss (616) (616) (728) (811) (478) (513) Comprehensive loss attributable to First Data Corporation (798) (798) (906) (989) (655) (690) Net loss per share, basic and diluted (458,000) (458,000) (869.000) (952,000) (701,000) (736,000) F-32 http/Avuw.sec.gov/Archi vestedear/datatlet3980/00011 9312515334479/d31022ds la.htmill 0/14/2015 9:06:38 AM] CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0082296 CONFIDENTIAL SONY GM_00228480 EFTA01382800