Exhibit 99.2
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MasterCard Incorporated
Third-Quarter 2013 Financial Results Conference Call
October 31, 2013
©2013 MasterCard. Proprietary
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Business Update
Recap of 3rd Quarter Results
Economic Update
Business Highlights
©2013 MasterCard.
Proprietary
2
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3rd Quarter Selected Financial Performance
($ in millions, except per share data)
YOY Growth
As FX
3Q 13 3Q 12 Reported Adjusted
Net revenue $ 2,218 $ 1,918 16% 15%
Total operating expenses 970 854 14% 13%
Operating income 1,248 1,064 17% 16%
Operating margin 56.3% 55.5% 0.8 ppts 0.6 ppts
Net income $ 879 $ 772 14% 13%
Diluted EPS $ 7.27 $ 6.17 18% 17%
Note: Figures may not sum due to rounding .
©2013 MasterCard.
Proprietary
3
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3rd Quarter Gross Dollar Volume (GDV)
($ in billions)
$1,200 15% Growth
$1,045
$1,000
$919 Rest of World
18% Growth
$454
$800 $729
$387
$629
$600 United States $290
9% Growth $238
$400
$290 $ 316
$533 $590
$200 $149 $164 $391 $439
$142 $151
$0
3Q12 3Q13 3Q12 3Q13 3Q12 3Q13
Credit Debit
Notes: 1. Growth rates are shown in local currency
2. Figures may not sum due to rounding
©2013 MasterCard.
Proprietary
4
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3rd Quarter Processed Transactions and Cards
Processed Transactions
16% Growth
10,000
8,000
millions) 6,000
(in
10,038
Transactions 4,000 8,679
2,000
0
3Q 12 3Q 13
Cards
8% Growth
1,969
2,000 1,822
729
1,500 721
(in millions) 1,000
Cards 1,240
500 1,101
0
3Q 12 3Q 13
MasterCard Cards Maestro Cards
Note: Figures may not sum due to rounding
©2013 MasterCard.
Proprietary
5
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3rd Quarter Revenue
($ in millions)
3Q 12 3Q 13
$2,218
$2,000 $1,918
$1,000 $883 $963 $760 $763 $865
$630
$294 $336
$0
($652) ($706)
-$1,000
Domestic Cross-Border Transaction Other Rebates and Total Net
Assessments Volume Fees Processing Fees Revenues Incentives Revenue
As reported +9% +21% +13% +14% +8% +16%
FX adjusted +9% +19% +13% +13% +8% +15%
Note: Certain prior period amounts have been reclassified to conform to the 2013 presentation. Net revenue is not impacted. Figures may not sum due to rounding
©2013 MasterCard.
Proprietary
6
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3rd Quarter Operating Expenses
($ in millions)
$1,000 3Q 12 3Q 13 $970
$854
$800 $701
$620
$600
$400
$176 $205
$200 $58 $64
$0
General Advertising Depreciation Total
& & & Operating
Administrative Marketing Amortization Expenses
As reported +13% +17% +9% +14%
FX adjusted +13% +16% +9% +13%
Note: Figures may not sum due to rounding
©2013 MasterCard.
Proprietary
7
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Thoughts for the Future
Business update through October 28
Long-Term Performance Objectives
Thoughts for 2013 Revenue Operating Expenses Tax Rate FX sensitivity
©2013 MasterCard.
Proprietary
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MasterCard
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