Fidelity National Information Services, Inc. · NYSE:FIS
Fidelity National Information Services — Q3 2009 Earnings Presentation
22 slides from Fidelity National Information Services's earnings presentation, Oct 22, 2009
Slide 1: Third Quarter 2009 Earnings Call Supplemental Materials
Third Quarter 2009 Earnings Call Supplemental Materials October 21, 2009
Slide 2: Forward Looking Statements
2 Forward Looking Statements This presentation contains statements related to FIS' future plans and expectations, and, as such, constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended,
Slide 3: Use of Non-GAAP Measures
3 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 preparat
Slide 4: FIS Third Quarter 2009 Earnings Conference Call Agenda
4 FIS Third Quarter 2009 Earnings Conference Call Agenda Results Summary and Business Overview Financial Review Q&A
Slide 5: Consolidated Results
5 Consolidated Results ($ millions) Adjusted EPS increased 12.2% Constant Currency adjusted EPS increased 14.6% Strong free cash flow: $133 million Adjusted EPS Free Cash Flow Note: Calculations may differ due to rounding.
Slide 6: Consolidated Results
6 Consolidated Results ($ millions) Constant currency revenue decreased 1.9% compared to prior year Reported revenue decreased 3.8% Adjusted EBITDA increased 5.6% Adjusted margin expanded 250 bps to 27.7% Increased operating leverage Disciplined commitment to cost management Revenue EBITDA Margin Ex
Slide 7: Financial Review
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Slide 8: Consolidated Results Summary
8 Consolidated Results Summary ($ millions) Consolidated FIS International Segment Note: Calculations may differ due to rounding.
Slide 9: Financial Solutions
9 Financial Solutions ($ millions) Financial Solutions revenue decreased 7.3% Software sales declined 73% ($15 million) Professional services declined 18% ($8 million) Adjusted EBITDA decreased 1.7% Adjusted margin expanded 260 bps to 45.5% Efficiency gains mitigated the reduction in high margin sof
Slide 10: Payment Solutions
10 Payment Solutions ($ millions) Payment Solutions revenue decreased 5.0% 3.7% decrease excluding previous year interchange adjustment 4.1% decrease excluding Retail Check Debit transactions increased 8.1% Credit transactions decreased 0.5% Adjusted EBITDA increased 2.8% Adjusted margin expanded 22
Slide 11: International Solutions
11 International Solutions ($ millions) Constant currency revenue increased 12.7% 14.3 % growth in financial solutions 11.8% growth in payment solutions Reported revenue increased 4.1% $17 million unfavorable currency impact Adjusted EBITDA increased 57.1% Constant currency adjusted EBITDA increased
Slide 12: International Solutions Revenue
12 International Solutions Revenue ($ millions) Note: Calculations may differ due to rounding. Year-over-year International Solutions revenue increased 12.7% compared to Q308 assuming no change in currency. Sequential International Solutions revenue increased 7.3% compared to Q209 assuming no change
Slide 13: Results Summary
13 Results Summary ($ millions) Note: Calculations may differ due to rounding.
Slide 14: Cash Flows
14 Cash Flows ($ millions) Comparative Cash Flow Cash Flow Trend Earnings growth Improved working capital management Disciplined capital investment Note: Calculations may differ due to rounding.
Slide 15: Total Debt
15 Total Debt ($ millions) Note: Calculations may differ due to rounding. Debt Reduction
Slide 16: Metavante - Third Quarter Results
16 Metavante - Third Quarter Results ($ millions) Note: Calculations may differ due to rounding.
Slide 17: Appendix
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Slide 18: Retail Check Services
18 Retail Check Services ($ millions) Note: Calculations may differ due to rounding.
Slide 19: Metavante Use of Non-GAAP Measures
19 Metavante Use of Non-GAAP Measures This presentation contains non-GAAP financial measures such as "EBITDA", "EBITDA, as adjusted", "Cash Net Income", "Cash Net Income, as adjusted" and "Free Cash Flow". These measures should not be considered substitutes for GAAP measures. The following is a spec
Slide 20: Metavante - Reconciliation of Non-GAAP Financial Measures
20 Metavante - Reconciliation of Non-GAAP Financial Measures Note: Calculations may differ due to rounding. EBITDA
Slide 21: Metavante - Reconciliation of Non-GAAP Financial Measures (Continued)
21 Metavante - Reconciliation of Non-GAAP Financial Measures (Continued) Note: Calculations may differ due to rounding. Cash Net Income (Including Per Share Amounts)
Slide 22: Metavante - Reconciliation of Non-GAAP Financial Measures (Continued)
22 Metavante - Reconciliation of Non-GAAP Financial Measures (Continued) Note: Calculations may differ due to rounding. Free Cash Flow
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