Fidelity National Information Services, Inc. · NYSE:FIS
Fidelity National Information Services — Q3 2010 Earnings Presentation
14 slides from Fidelity National Information Services's earnings presentation, Oct 26, 2010
Slide 1: Third Quarter 2010 Earnings Call Supplemental Materials
Third Quarter 2010 EARNINGS CALL Supplemental Materials OCTOBER 26, 2010
Slide 2: Forward Looking Statements
Forward Looking Statements Today's news release and this 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 2010 adjusted revenue, earnings per share, margin expansion and c
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 preparation
Slide 4: Pro Forma Financial Highlights 3rd Quarter 2010
Pro Forma Financial Highlights 3rd Quarter 2010 Adjusted revenue of $1.3 billion, up 3.3% Adjusted EBITDA margin of 33.1%, up 320 bps Achieved targeted cost synergies Adjusted EPS of $0.52 Adjusted free cash flow of $220 million 4
Slide 5: Consolidated Results
Consolidated Results ($ millions) 5 Pro forma revenue increased 3.3% Increased professional services and software sales No significant currency impact Adjusted EBITDA increased 14.7% Adjusted margin expanded 320 bps to 33.1% Prior year results reflect the inclusion of Metavante results on a pro form
Slide 6: Financial Solutions
Financial Solutions ($ millions) 6 Financial Solutions revenue increased 10.5% Increase in professional services, software sales and account processing revenue Adjusted EBITDA increased 16.9% Adjusted margin expanded 250 bps to 45.1% Prior year results reflect the inclusion of Metavante results on a
Slide 7: Payment Solutions
Payment Solutions ($ millions) 7 Payment Solutions revenue decreased 1.9% Increased 1.8% excluding check businesses Adjusted EBITDA increased 2.3% Adjusted margin expanded 150 bps to 38.4% Prior year results reflect the inclusion of Metavante results on a pro forma basis. Note: Calculations may diff
Slide 8: International Solutions
International Solutions ($ millions) 8 International Solutions revenue increased 2.3% Santander portfolio deconverted in January Banco Bradesco conversion completed October 2 No significant currency impact Adjusted EBITDA decreased 4.1% Adjusted margin decreased 160 bps to 23.3% Incremental costs re
Slide 9: Results Summary
Results Summary ($ millions) 9 Includes net impact of termination fee, impairment charge, debt extinguishment and non-controlling interest. Note: Calculations may differ due to rounding.
Slide 10: Cash Flows
Cash Flows ($ millions) 10 Strong earnings growth Disciplined working capital management Targeted capital investment Note: Calculations may differ due to rounding.
Slide 11: Updated 2010 Outlook
Updated 2010 Outlook 11 Assumes 36% full year tax rate Anticipated 307 million diluted shares in Q4.
Slide 12: Appendix
Third Quarter 2010 EARNINGS CALL Supplemental Materials OCTOBER 26, 2010 Appendix
Slide 13: Total Debt
Total Debt ($ millions) 13 LIBOR floor of 150 bps. Note: Calculations may differ due to rounding.
Slide 14: International Solutions 2010 Foreign Currency Exchange Rates
Note: Calculations may differ due to rounding. International Solutions 14 2010 Foreign Currency Exchange Rates 2010 Foreign Currency Exchange Rates 2010 Foreign Currency Exchange Rates LC/$ Budget(1) Forecast(2) Euro 1.48 1.34 Brazil 0.57 0.58 UK 1.65 1.55 Assumed currency rates included in 2010 gui
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