Fidelity National Information Services, Inc. · NYSE:FIS
Fidelity National Information Services — Q1 2011 Earnings Presentation
15 slides from Fidelity National Information Services's earnings presentation, May 3, 2011
Slide 1: First Quarter 2011 Earnings Call Supplemental Materials
CONFIDENTIAL 5/2-V14 May 3, 2011 a = 4 te First Quarter 2011 EARNINGS CALL Supplemental Materials a : |
Slide 2: Forward Looking Statements
Forward Looking Statements ——= Today's news release andthis conference call contain “forward-looking statements” within the meaning of the U.S. federal securities laws, Statements that are not historical facts, including statements about revenue, organicrevenue, earnings per share, margin expansion
Slide 3: Use of Non-GAAP Measures
Use of Non-GAAP Measures ———= Generally Accepted Accounting Principles (GAAP) is the term used to refer to the standard framework of guidelines for financial accounting. GAAP includes the standards, conventions, and rules accountants follow in recording and summarizing transactions and in the prepar
Slide 4: Consolidated Results
Consolidated Results (§ millions) Revenue $1,500 $1aco | $1,383 $4300 | 244 $az00 + $az00 + $1,000 a0 an * Adjusted revenue growth of 11.2% ~ Organic revenue growth of 6.2% Note: Calculations may differ due to rounding. EBITDA $s00 m0 $365, $308 $300 Boras: smo $200 ana0 m1 EBITDA increased 0.9% Mar
Slide 5: EBITDA Margin Walk
EBITDA Margin Walk
Slide 6: Financial Solutions
Financial Solutions (§ millions) Revenue EEE SE * Financial Solutions revenue increased 13.6% — Growth in professional services — New client implementations — Addition of Capco * Organicrevenue growth of 7.1% Note: Calculations may differ due to rounding. ————. —_—_—_— —_———————— EBITDA $25 $155 $17
Slide 7: Payment Solutions
Payment Solutions ——= ($ millions) ——— Revenue EBITDA $0 $250 $230 $19 sais $215 sao | somo | B71 35.7% $0 $as0 auao aaa ao at * EBITDA declined 4.4% * Margin decreased 140 bpsto 35.7% — Less favorable revenue mix — $4 million integration and severance costs * Payment Solutions revenue decreased 0.7
Slide 8: International Solutions
International Solutions (§ millions) Revenue $300 $268 $250 | $200 | gano aso a0 an * International Solutions revenue increased 48.6% — Increased card volumes in Brazil ~ Growth across all regions * Organicgrowth of 27.5% Note: Calculations may differ due to rounding. FIS EBITDA $m go | baad oe gs}
Slide 9: Results Summary
Results Summary (S$ millions) qi-2011 Q1-2010 GAAP Net Earnings from Continuing Operations $96 $97 M&A Restructuring and Integration Costs = 13 Acquisition Deferred Revenue Adjustment x 6 Net Eamings, excluding other items 96 116 Acqusition Related Purchase Amortization a2 a1 Adjusted Net Earnings f
Slide 10: Free Cash Flow
Free Cash Flow (S$ millions) Cash flow from operations Non-GAAP items. Adjusted cash flaw from operations Capital expenditures Adjusted Free Cash How Q12011 $260 Q1-2010" $272 (4) 2010 results are adjusted for M&A restructuring and integration costs and acquisition related deferred revenue: Nate: Ca
Slide 11: Appendix
May3,2011 = x : ¥. First Quarter 2011 EARNINGS CALL Supplemental Materials Appendix
Slide 12: Total Debt
Total Debt (S$ millions) Term Loan A 2012 Maturity 2014 Maturity Revolver Term Loan B (2016) Senior Unsecured Notes 2017 Maturity 2020 Maturity Other Total Debt Weighted Average Rate (2) LIBOR Floor of 150 bps. lculstions may differ due to rounding. March 31, 2011 Actual Rate 338 L+ 1.00% 1,850 L+25
Slide 13: Non-GAAP Financial Measures
Non-GAAP Financial Measures —— Organic revenue growthis calculated as the difference between (A) reported revenue for the current period excluding the impact of current period acquisitions, purchase accounting adjustments and foreign currency impacts and (B) reported revenue for the prior period plu
Slide 14: Non-GAAP Financial Measures
Non-GAAP Financial Measures Adjusted Revenue (2010 comparative data) excludes the impact of deferred revenue purchase accounting. EBITDA is earnings from continuing operations before interest, taxes and depreciation and amortization. Adjusted EBITDA (2010 comparative data) excludes the impact of mer
Slide 15: Non-GAAP Financial Measures
Non-GAAP Financial Measures Adjusted net earnings (2011 comparative data) exclude the after-tax impact of acquisition related amortization. Adjusted net earnings (2010 comparative data) exclude the after-tax impact of merger and acquisition and integration expenses, accelerated stock compensation ch
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