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EFTA01382648

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S- I/A Table of Content" Segment Results We classify our businc es into three segments: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. Our Corporate operations (as described below) are not discussed separately as any results that had a significant impact on operating results are included in the consolidated results discussion above. The business segment measurements provided to and evaluated by the chief operating decision maker are computed in accordance with the principles listed below. The accounting policies of the operating segments am the same as those described in the summary of significant accounting policies. Intersegmcnt revenues arc eliminated in the segment that sells directly to the end market. • Segment revenue excludes reimbursable debit network fees, postage, and other revenue. • Segment EBITDA includes equity earnings in affiliates and excludes depreciation and amortization expense, net income attributable to noncontrolling interests, other• operating expenses. and other income (expense). Additionally, segment EBITDA is adjusted for items similar to certain of those used in calculating our compliance with debt covenants. The additional items that are adjusted to determine segment EBITDA are: stock-based compensation and related expense is excluded; official check and money order businesses' 1131TDA arc excluded as these are winding down; certain costs directly associated with the termination of the Chase Paymentech Solutions alliance in 2008 and expenses related to the conversion of certain Banc of America Merchant Services, LLC (RAMS) alliance merchant clients onto our platfonns (excludes costs accrued in purchase accounting). Effective October 1, 2011. we and Bank of America N.A. jointly decided to have us operate the bank's legacy settlement platform. Transition costs associatexl with the revised strategy are also excluded from segment EBITDA; debt issuance costs are excluded and r

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