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Affinion Group, Inc.
Business Summary
Affinion Group, Inc. is a privately-held marketing company that designs, markets, and services customer engagement and loyalty solutions. Affinion Group, Inc. was founded in 1972. Affinion Group headquarters are located in Stamford, Connecticut.
Overview & Corporate Organization
Basic Information
| Year Founded: | 1972 |
| Formerly Named: | China Information Security Technology, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| City: | Stamford |
| State/Province: | Connecticut |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.affiniongroup.com |
Corporate Organization
| Parent Companies: |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Services > Advertising & Marketing > Marketing Services |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Revenues | View | View | View | View | View | View | $1,198,700,000 | $1,530,900,000 |
| Direct Operating Costs | View | View | View | View | View | View | $363,700,000 | $383,300,000 |
| Marketing | View | View | View | View | View | View | $602,100,000 | $665,300,000 |
| General and Administrative Expenses | View | View | View | View | View | View | $154,700,000 | $185,000,000 |
| Depreciation and Amortization | View | View | View | View | View | View | $116,800,000 | $43,900,000 |
| Business Exit Costs | View | View | View | View | ||||
| Impairment of Goodwill | View | $0 | $0 | |||||
| Cost and Operating Expenses | View | View | View | View | View | View | $1,232,600,000 | $1,253,600,000 |
| Operating Income/(Loss) | View | View | View | View | View | View | ($33,900,000) | $277,300,000 |
| Interest Expense | View | View | View | View | View | View | $32,400,000 | $7,300,000 |
| Interest Income | View | View | View | View | View | View | $3,200,000 | $1,700,000 |
| Gain/(Loss) on Disposition of Assets | $4,700,000 | $23,900,000 | ||||||
| Non-operating Income/(Expense) - Other | View | View | View | View | View | View | $5,900,000 | $100,000 |
| Income/(Loss) from Continuing Operations Before Income Taxes | View | |||||||
| Income Loss Continuing Operations Before Income Taxes Minority Interest | View | View | View | View | View | ($57,200,000) | $271,800,000 | |
| Provision for Income Taxes | View | View | View | View | View | View | $28,900,000 | ($104,500,000) |
| Minority Interest, Net of Tax Effect | View | View | View | View | View | View | $100,000 | ($100,000) |
| Extinguishment of Debt | View | View | View | View | ||||
| Net Income (Loss) | View | View | View | View | View | View | ($86,200,000) | $376,400,000 |
| Balance Sheet | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| Cash and Cash Equivalents | View | View | View | View | View | View | $113,400,000 |
| Current Restricted Cash | View | View | View | View | View | View | $28,200,000 |
| Net Accounts Receivable Trade | View | View | View | $61,500,000 | |||
| Net Income Taxes Receivable | View | View | View | View | View | View | $0 |
| Net Other Receivables | View | View | View | View | View | View | |
| Other Receivables, Net | View | View | View | ||||
| Current Amounts Due From Related Parties | View | View | View | View | View | View | $13,700,000 |
| Current Deferred Income Taxes | View | View | |||||
| Prepaid Expenses | View | View | View | View | View | View | $40,700,000 |
| Current Other Assets | View | View | View | View | View | View | $101,700,000 |
| Current Assets | View | View | View | View | View | View | $359,200,000 |
| Net Property, Plant and Equipment | View | View | View | View | View | View | $107,700,000 |
| Noncurrent Amounts Due From Related Parties | View | View | View | ||||
| Goodwill | View | View | View | View | View | View | $366,200,000 |
| Finite-Lived - Contractual Rights | View | View | View | View | View | View | $1,800,000 |
| Intangible Assets - Other | View | View | View | View | View | $1,317,800,000 | |
| Other Intangible Assets (Excluding Goodwill) | View | ||||||
| Noncurrent Other Assets | View | View | View | View | View | View | $47,300,000 |
| Assets | View | View | View | View | View | View | $2,200,000,000 |
| Accounts Payable and Accrued Expenses | View | View | View | View | View | View | $276,500,000 |
| Accounts Payable - Related Parties | View | View | View | $3,100,000 | |||
| Current Amounts Due To Related Parties | View | View | View | ||||
| Current Deferred Income Tax Liabilities | View | $2,500,000 | |||||
| Current Deferred/(Unearned) Revenue | View | View | View | View | View | View | $148,600,000 |
| Income Taxes Payable | View | View | View | View | View | View | $800,000 |
| Current Portion of Long-Term Debt | View | View | View | View | View | View | $20,400,000 |
| Current Liabilities | View | View | View | View | View | View | $451,900,000 |
| Long-Term Debt | View | View | View | View | View | View | $1,470,600,000 |
| Minority Interest | View | View | View | View | View | View | $100,000 |
| Deferred Tax Liability | View | View | View | View | View | View | $27,800,000 |
| Deferred/(Unearned) Revenue - Long-Term | View | View | View | View | View | View | $7,600,000 |
| Noncurrent Other Liabilities | View | View | View | View | View | View | $8,100,000 |
| Liabilities | View | View | View | View | View | View | $1,966,000,000 |
| Common Stock - Value (Excluding Additional Paid in Capital) | View | View | View | View | View | View | $372,100,000 |
| Retained Earnings | View | View | View | View | View | View | ($136,300,000) |
| Other Accumulated Comprehensive Income, Net of Tax Effect | View | View | View | View | View | View | ($1,900,000) |
| Stockholders' Equity | View | View | View | View | View | View | $233,900,000 |
| Liabilities and Stockholders' Equity | View | View | View | View | View | View | $2,200,000,000 |
| Cash Flow Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Operating Activities Beginning Net Income | View | View | View | View | View | View | ($86,200,000) | $376,400,000 |
| Amortization | View | View | View | View | View | View | $3,700,000 | $0 |
| Depreciation and Amortization | View | View | View | View | View | View | $116,800,000 | $43,900,000 |
| Adjustment Accretion | View | View | View | View | View | |||
| Asset Impairment Charges | View | $0 | $0 | |||||
| Adjustments to Foreign Currency Exchange Gains/(Losses) | View | View | View | View | View | View | ||
| Adjustment for Equity Based Compensation Expense | View | View | View | View | ||||
| Adjustment Derivatives | View | View | View | View | View | View | $800,000 | $0 |
| Adjustments to Gains/(Losses) on Sale of Investments | $100,000 | ($400,000) | ||||||
| Adjustment Minority Interest | $600,000 | $2,500,000 | ||||||
| Adjustment Property Plant Equipment | $1,800,000 | $2,100,000 | ||||||
| Adjustment Realized Gains Losses On Sale Asset | ($4,700,000) | ($23,900,000) | ||||||
| Adjustments to Reserve for Business Exit Costs | View | View | View | |||||
| Deferred Income Taxes | View | View | View | View | View | View | $24,600,000 | ($74,200,000) |
| Adjustment Extraordinary Items | View | View | View | View | ||||
| Other Adjustments to Common Stockholders' Net Income - Increase/(Decrease) | View | View | View | View | View | View | ||
| Increase/(Decrease) in Receivables | View | View | View | View | View | View | ($26,400,000) | $8,700,000 |
| Change Other Receivable | View | View | View | View | View | View | ||
| Increase/(Decrease) in Accounts Receivable - Related Parties | $13,700,000 | $0 | ||||||
| Current Increase/(Decrease) in Amounts Due From Other Related Parties | $3,900,000 | ($13,500,000) | ||||||
| Current Increase/(Decrease) in Amounts Due From Related Parties | View | View | View | View | View | View | ||
| Increase/(Decrease) in Other Current Assets | View | View | View | View | View | View | ($11,300,000) | $4,000,000 |
| Change in Intangible Asset Excluding Goodwill | View | View | View | View | View | View | $1,800,000 | ($5,000,000) |
| Change Prepaid Expenses Other Current Assets | View | $6,300,000 | ($36,100,000) | |||||
| Change Prepaid Expenses Other Assets | View | View | View | View | View | |||
| Increase/(Decrease) in Deferred Charges | ($4,900,000) | $9,200,000 | ||||||
| Increase/(Decrease) in Other Non-operating Assets | View | View | View | View | View | View | ($5,900,000) | ($13,100,000) |
| Increase/(Decrease) in Accounts Payable and Accrued Expenses | View | View | View | View | View | View | $9,600,000 | $2,200,000 |
| Increase/(Decrease) in Accounts Payable - Related Parties | View | View | View | $3,100,000 | $0 | |||
| Increase/(Decrease) in Unearned Premiums | View | View | View | View | View | View | $55,100,000 | ($119,700,000) |
| Change Income Taxes Receivable and Payables Net | View | View | View | View | View | View | ($10,300,000) | $12,900,000 |
| Increase/(Decrease) in Other Non-operating Liabilities | View | View | View | View | View | View | ($200,000) | ($6,500,000) |
| Net Other Increase/(Decrease) in Working Capital | View | View | View | View | View | |||
| Net Cash Flows Provided By/(Used In) Operating Activities | View | View | View | View | View | View | $137,600,000 | $261,100,000 |
| Purchase of Property, Plant and Equipment | View | View | View | View | View | View | $33,000,000 | $25,800,000 |
| Purchase of Held-to-Maturity Securities | View | |||||||
| Proceeds from Other Investments | $0 | $7,100,000 | ||||||
| Increase Decrease Restricted Funds | View | View | View | View | View | View | $1,900,000 | ($5,300,000) |
| Acquisition of Businesses, Net of Cash Acquired | View | View | View | View | View | View | $1,644,700,000 | $21,400,000 |
| Increase Decrease Held to Maturity Investments | View | View | View | View | ||||
| Purchase Intangible Assets | View | $0 | $0 | |||||
| Proceeds from Sale of Other Assets | $0 | $32,500,000 | ||||||
| Net Cash Flows Provided By/(Used In) Investing Activities | View | View | View | View | View | View | ($1,679,600,000) | ($2,300,000) |
| Proceeds from Lines of Credit | View | |||||||
| Proceeds from Notes Payable | View | |||||||
| Repayments on Lines of Credit | View | View | View | |||||
| Other Repayments of Short Term Borrowings | $20,600,000 | $18,800,000 | ||||||
| Repayments of Short-Term Borrowings | View | |||||||
| Net Change Line Credit | View | View | ||||||
| Proceeds from Senior Debt | View | View | View | View | ||||
| Proceeds Debt | View | View | View | View | View | $1,510,000,000 | $2,000,000 | |
| Repayments from Senior Debt | View | View | View | View | ||||
| Repayments Debt | View | View | View | View | View | |||
| Net Change Other Debt | ($30,000,000) | $30,000,000 | ||||||
| Debt Issuance Costs | $42,000,000 | $0 | ||||||
| Financing Costs | View | View | View | View | View | View | ||
| Repurchase of Other Equity | View | View | View | View | ||||
| Payment of Dividends - Minority Interest | View | View | View | View | View | View | $0 | $1,000,000 |
| Other Payment of Dividends | View | View | $0 | $45,300,000 | ||||
| Distributions to Affiliates | View | View | View | View | ||||
| Contributions from - Affiliates | View | $275,000,000 | $0 | |||||
| Cash Provided by/(Used in) Financing Activities - Other | View | View | View | $7,100,000 | ($268,400,000) | |||
| Net Cash Flows Provided By/(Used In) Financing Activities | View | View | View | View | View | View | $1,699,500,000 | ($301,500,000) |
| Effect of Exchange Rate on Cash and Cash Equivalents | View | View | View | View | View | View | ($2,400,000) | $2,000,000 |
| Increase/(Decrease) in Cash and Cash Equivalents | View | View | View | View | View | View | $155,100,000 | ($40,700,000) |
| Cash and cash equivalents at the beginning of the year | View | View | View | View | View | View | $0 | $63,200,000 |
| Total Cash and cash equivalents at the end of the year | View | View | View | View | View | View | $113,400,000 | $22,500,000 |
| Income Taxes Paid | View | View | View | View | View | View | $28,000,000 | $12,600,000 |
| Cash Interest Expense | View | View | View | View | View | View | $5,700,000 | $6,400,000 |
| Financial Notes: | |
| * | Affinion Group, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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Affinion Group, Inc. Revenues ($ MM): |
Affinion Group, Inc. Direct Operating Costs ($ MM): |
Affinion Group, Inc. Marketing ($ MM): |
Affinion Group, Inc. General and Administrative Expenses ($ MM): |
Affinion Group, Inc. Depreciation and Amortization ($ MM): |
Affinion Group, Inc. Business Exit Costs ($ MM): |
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Affinion Group, Inc. Interest Expense ($ MM): |
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Affinion Group, Inc. Non-operating Income/(Expense) - Other ($ MM): |
Affinion Group, Inc. Income Loss Continuing Operations Before Income Taxes Minority Interest ($ MM): |
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Affinion Group, Inc. Current Portion of Long-Term Debt ($ MM): |
Affinion Group, Inc. Current Liabilities ($ MM): |
Affinion Group, Inc. Long-Term Debt ($ MM): |
Affinion Group, Inc. Minority Interest ($ MM): |
Affinion Group, Inc. Deferred Tax Liability ($ MM): |
Affinion Group, Inc. Deferred/(Unearned) Revenue - Long-Term ($ MM): |
Affinion Group, Inc. Noncurrent Other Liabilities ($ MM): |
Affinion Group, Inc. Liabilities ($ MM): |
Affinion Group, Inc. Common Stock - Value (Excluding Additional Paid in Capital) ($ MM): |
Affinion Group, Inc. Retained Earnings ($ MM): |
Affinion Group, Inc. Other Accumulated Comprehensive Income, Net of Tax Effect ($ MM): |
Affinion Group, Inc. Stockholders' Equity ($ MM): |
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Affinion Group, Inc. Operating Activities Beginning Net Income ($ MM): |
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Affinion Group, Inc. Depreciation and Amortization ($ MM): |
Affinion Group, Inc. Adjustment Accretion ($ MM): |
Affinion Group, Inc. Asset Impairment Charges ($ MM): |
Affinion Group, Inc. Adjustments to Foreign Currency Exchange Gains/(Losses) ($ MM): |
Affinion Group, Inc. Adjustment for Equity Based Compensation Expense ($ MM): |
Affinion Group, Inc. Adjustment Derivatives ($ MM): |
Affinion Group, Inc. Adjustments to Reserve for Business Exit Costs ($ MM): |
Affinion Group, Inc. Deferred Income Taxes ($ MM): |
Affinion Group, Inc. Adjustment Extraordinary Items ($ MM): |
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Affinion Group, Inc. Change Other Receivable ($ MM): |
Affinion Group, Inc. Current Increase/(Decrease) in Amounts Due From Related Parties ($ MM): |
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Affinion Group, Inc. Increase/(Decrease) in Other Non-operating Assets ($ MM): |
Affinion Group, Inc. Increase/(Decrease) in Accounts Payable and Accrued Expenses ($ MM): |
Affinion Group, Inc. Increase/(Decrease) in Accounts Payable - Related Parties ($ MM): |
Affinion Group, Inc. Increase/(Decrease) in Unearned Premiums ($ MM): |
Affinion Group, Inc. Change Income Taxes Receivable and Payables Net ($ MM): |
Affinion Group, Inc. Increase/(Decrease) in Other Non-operating Liabilities ($ MM): |
Affinion Group, Inc. Net Other Increase/(Decrease) in Working Capital ($ MM): |
Affinion Group, Inc. Net Cash Flows Provided By/(Used In) Operating Activities ($ MM): |
Affinion Group, Inc. Purchase of Property, Plant and Equipment ($ MM): |
Affinion Group, Inc. Increase Decrease Restricted Funds ($ MM): |
Affinion Group, Inc. Acquisition of Businesses, Net of Cash Acquired ($ MM): |
Affinion Group, Inc. Increase Decrease Held to Maturity Investments ($ MM): |
Affinion Group, Inc. Purchase Intangible Assets ($ MM): |
Affinion Group, Inc. Net Cash Flows Provided By/(Used In) Investing Activities ($ MM): |
Affinion Group, Inc. Repayments on Lines of Credit ($ MM): |
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Affinion Group, Inc. Proceeds from Senior Debt ($ MM): |
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Affinion Group, Inc. Cash Provided by/(Used in) Financing Activities - Other ($ MM): |
Affinion Group, Inc. Net Cash Flows Provided By/(Used In) Financing Activities ($ MM): |
Affinion Group, Inc. Effect of Exchange Rate on Cash and Cash Equivalents ($ MM): |
Affinion Group, Inc. Increase/(Decrease) in Cash and Cash Equivalents ($ MM): |
Affinion Group, Inc. Cash and cash equivalents at the beginning of the year ($ MM): |
Affinion Group, Inc. Total Cash and cash equivalents at the end of the year ($ MM): |
Affinion Group, Inc. Income Taxes Paid ($ MM): |
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Affinion Group, Inc. Total Employees: |
Affinion Group, Inc. Productivity (Revenue/Employee) ($): |
Detailed Business Description: Affinion Group, Inc.
Business Overview
Affinion Group is a leading company in the designing, marketing and servicing of customer engagement and loyalty solutions that enhance the relationship of millions of consumers with some of the largest and most respected companies in the world. Affinion partners with companies (called “marketing partners”) to develop and market programs that provide valuable services to their end-customers using Affinion’s knowledge and experience in customer engagement, product development, creative design, and data-driven targeted marketing. These programs allow Affinion’s partners to generate significant incremental revenue, as well as strengthen and enhance the loyalty of their customer relationships, which can attract new customers, retain existing customers longer, improve customer satisfaction, and create greater customer engagement with marketing partner services.
Marketing Services
Affinion provides customer engagement and loyalty solutions… Continue Reading →
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