Visa Inc.

(NYSE:V)

	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Operating revenue
Total Revenue	1,613,000	1,453,000	1,488,000
Operating Revenue	1,613,000	1,453,000	1,488,000
Adjustments To Revenue	—	—	—
Cost Of Sales	120,000	30,000	103,000
Cost Of Sales With Depreciation	394,000	367,000	416,000
Gross Operating Profit	1,493,000	1,423,000	1,385,000
Operating Expenses
Research And Development Expenses	—	—	—
Selling General And Administrative Expenses	193,000	171,000	176,000
Advertising Expenses	271,000	215,000	210,000
Operating Income Before Depreciation	1,029,000	1,037,000	999,000
Operating Income	648,000	349,000	686,000
Depreciation	331,000	396,000	313,000
Depreciation Unreconciled	57,000	59,000	—
Amortization	—	—	—
Amortization Of Intangibles	—	—	—
Operating Income After Depreciation	698,000	641,000	686,000
Non Operating Expenses
Interest Expense	30,000	41,000	45,000
Pre Tax Income	714,000	370,000	683,000
Income Taxes	292,000	56,000	259,000
Minority Interest	—	—	—
Income Before Income Taxes	714,000	370,000	683,000
Net Income From Continuing Operations	422,000	314,000	424,000
Net Income From Discontinued Operations	—	—	—
Net Income From Total Operations	422,000	314,000	424,000
Non Recurring Events
Extraordinary Income Losses	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—
Income From Tax Loss Carryforward	—	—	—
Other Gains And Losses	—	—	—
Total Net Income	422,000	314,000	424,000
Normalized Income	472,000	606,000	424,000
NetIncome Available For Common	422,000	314,000	424,000
Preferred Dividends	—	—	—
Excise Taxes	—	—	—