First Data Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenue of $2,756.8 million compared to $2,687.8 million a year ago. Net loss attributable to company was $179 million compared to $69.3 million a year ago. Adjusted EBITDA was $655.5 million compared to $655.1 million a year ago. Net cash provided by operating activities were $229.2 million compared to $576.7 million a year ago. The increase in revenue primarily driven by a $55 million increase in debit network fees. Adjusted revenue, which excludes certain items including debit network fees, increased $18 million, or 1%, year-over-year to $1.8 billion. The change in net loss was primarily due to a $59 million pre-tax gain recognized in other income and expense in the prior year upon disposition of a business in connection with the formation of an alliance and the establishment of valuation allowances against state net operating loss carry forwards in the current year. The change in net loss attributable to the company is primarily due to the gain from the formation of a joint venture recognized in other income expense of the prior year as well as a lower income tax benefit in the current period due to the establishment of valuation allowances against operating loss carry forwards. Operating profit was $337.0 million compared to $329.8 million a year ago.

For the year, the company reported revenue of $10,680.3 million compared to $10,713.6 million a year ago. Operating profit was $1,073.8 million compared to $941.5 million a year ago. Net loss attributable to company was $700.9 million compared to $516.1 million a year ago. Adjusted EBITDA was $2,435.7 million compared to $2,248.5 million a year ago. EBITDA was $2,913.8 million. Net cash provided by operating activities were $767.4 million compared to $1,115.6 million a year ago. Revenue for the full year flat year-over-year due to revenue growth in the global merchant acquiring business offset by lower debit network fees. Capital expenditures for 2012 consisting primarily of equipment, capitalized software development and customer conversion costs, totaled $370 million, and we'll continue to invest for growth. Adjusted EBITDA for the full year was $2.4 billion, up $187 million versus 2011, largely driven by solid growth in the company's RAS business.