Western Union - Quarterly Comparison

Quarterly Comparison

In Millions of U.S. Dollars (expect for per share items)		Quarter Ending 30 Jun 08	Quarter Ending 31 Mar 08	Quarter Ending 31 Dec 07
	Operating Activity
	Net Income	438.6	207.1	857.3
	Depreciation/Depletion	69.3	32.8	49.1
	Deferred Taxes	–	–	4.2
	Non-Cash Items	25.5	11.9	64.8
	Changes in Working Capital	26.9	66.2	53.3
	TotalTotal Operating Activity	560.3	318.0	1,103.5
	Investing Activity
	Capital Expenditures	( 80.5)	( 23.5)	( 192.1)
	Other Investing Cash Flow Items, Total	12.7	5.2	( 9.9)
	TotalTotal Investing Activity	( 67.8)	( 18.3)	( 202.0)
	Financing Activity
	Financing Cash Flow Items	–	–	–
	Dividends Paid	–	–	( 30.0)
	Issuance/Retirement of Stock, Net	( 441.8)	( 235.9)	( 510.7)
	Issuance/Retirement of Debt, Net	30.8	38.5	10.6
	TotalTotal Financing Activity	( 411.0)	( 197.4)	( 530.1)
	Foreign Exchange Effects	–	–	–
	Total Cash Flow (Net Change in Cash)	81.5	102.3	371.4
	Cash Interest Paid (Indirect Format)	87.9	10.3	185.8
	Cash Taxes Paid (Indirect Format)	117.6	24.6	340.9