Fidelity National Information Services, Inc. · NYSE:FIS
Fidelity National Information Services — Q1 2009 Earnings Presentation
17 slides from Fidelity National Information Services's earnings presentation, Apr 29, 2009
Slide 1: First Quarter 2009 Earnings Call Supplemental Materials
Fidelity National Information Services First Quarter 2009 Earnings Call Supplemental Materials April 28, 2009
Slide 2: Forward Looking Statements
Forward Looking Statements 2 This presentation contains forward-looking statements, including certain plans, expectations, goals and projections, and statements about FIS's acquisition of Metavante, which are subject to numerous assumptions, risks and uncertainties. Statements that are not historica
Slide 3: Use of Non-GAAP Measures
Use of Non-GAAP Measures 3 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 First Quarter 2009 Earnings Conference Call Agenda
FIS First Quarter 2009 Earnings Conference Call Agenda 1st Quarter 2009 Results Summary and Business Overview Financial Review Q&A 4
Slide 5: Consolidated Results: Adjusted EPS and Free Cash Flow
Consolidated Results ($ millions) 5 Adjusted EPS Free Cash Flow Adjusted EPS increased 19.2% Constant currency EPS increased 23.1% Strong free cash flow: $119 million
Slide 6: Revenue and Adjusted EBITDA
6 Revenue Adjusted EBITDA Constant currency revenue increased 0.3% - - 1.6% increase excluding retail check - - International constant currency revenue increased 11.5% Reported revenue decreased 3.9% Adjusted EBITDA increased 0.7% EBITDA margin expanded 100 bps to 22.7% - - Increased operating lever
Slide 7: Financial Review
Financial Review FIS®
Slide 8: Consolidated Results Summary ($ millions)
Consolidated Results Summary ($ millions) 8 Note: Calculations may differ due to rounding.
Slide 9: Segment Contribution First Quarter
Segment Contribution First Quarter 9 (1) Excludes corporate and other EBITDA of ($36M) in 2008 and ($39M) in 2009 reported and constant currency. 2009 - Reported(1) 2009 - Constant(1) 2008(1) $830M Total $798M Total $35M negative currency impact $216M Total $221M Total $5M negative currency impact
Slide 10: Financial Solutions ($ millions)
Financial Solutions ($ millions) 10 Revenue Segment EBITDA Financial Solutions revenue decreased 3.2% - - Increased demand for risk management and technology services - - Lower discretionary software and professional services revenue EBITDA decreased 2.9% - - Decline in high margin software sales mi
Slide 11: Payment Solutions ($ millions)
Payment Solutions ($ millions) 11 Revenue Payment Solutions revenue decreased 2.3% - - Overall card transactions increased 4% Debit increased 4.5% Credit decreased 5.4% - - Retail Check Services declined 15% ($10 million) EBITDA increased 11.5% EBITDA margin expanded by 320 bps to 26.1% - - Improved
Slide 12: Retail Check Services ($ millions)
Retail Check Services ($ millions) 12 Note: Calculations may differ due to rounding.
Slide 13: International ($ millions)
International ($ millions) 13 Revenue Constant currency revenue increased 11.5% - - 16.3% growth in payments - - 4.5% growth in financial solutions International revenue decreased 8.3% - - $35 million unfavorable currency impact EBITDA decreased 8.6% - - $5.2 million unfavorable currency impact - -
Slide 14: International Revenue by Major Currency
International Revenue ($ millions) FIS Q109 Revenue Composition by Major Currency 14 (1)International revenue increased 11.5% compared to Q108 assuming no change in currency. (2)International revenue decreased 8.3% compared to Q408 assuming no change in currency. Note: Calculations may differ due to
Slide 15: Results Summary ($ millions)
Results Summary ($ millions) 15 (1) Includes unfavorable currency impact of $0.01 in Q1 2009. Adjusted EPS increased 23.1% excluding currency. Note: Calculations may differ due to rounding.
Slide 16: Cash Flows ($ millions)
16 Cash Flows ($ millions) Cash Flow Trend Comparative Cash Flow Note: Calculations may differ due to rounding.
Slide 17: Total Debt ($ millions)
17 Total Debt ($ millions) Note: Calculations may differ due to rounding.
Fidelity National Information Services — Q1 2009 Earnings Presentation on 6ix