MasterCard Incorporated reported unaudited consolidated earnings results for the fourth quarter and twelve months ended December 31, 2015. For the quarter, the company reported net revenue of $2,517 million compared with $2,411 million for the same period last year. Operating income was $1,107 million compared with $1,018 million for the same period last year. Income before income taxes was $1,025 million compared with $1,007 million for the same period last year. Net income was $890 million or $0.79 diluted per share compared with net income was $801 million or $0.69 diluted per share for the same period last year. Cash flow from operations was $1 billion.

For the twelve months, the company reported net revenue of $9,667 million compared with $9,441 million for the same period last year. Operating income was $5,078 million compared with $5,016 million for the same period last year. Income before income taxes was $4,958 million compared with $5,079 million for the same period last year. Net income was $3,808 million or $3.35 diluted per share compared with net income was $3,617 million or $3.10 diluted per share for the same period last year. Net cash provided by operating activities was $4,043 million compared with $3,407 million for the same period last year. Purchases of property, plant and equipment was $177 million compared with $175 million for the same period last year. Non GAAP net income was $3,903 million or $3.43 diluted per share compared with $3,617 million or $3.10 per share.

For 2016, the company expects tax rate as the 30% normalized rate.