FIS Reports Second Quarter Results

  FIS Reports Second Quarter Results

  *Revenue of $1.51 billion; up 4 percent for the quarter and year to date
  *Adjusted EPS from continuing operations of 71 cents, up 8 percent for the
    quarter and 11 percent year to date

Business Wire

JACKSONVILLE, Fla. -- July 30, 2013

FIS™ (NYSE:FIS), the world’s largest provider of banking and payments
technology, today reported financial results for the quarter and six months
ended June 30, 2013.

Revenue increased 3.8 percent to $1.51 billion from $1.46 billion in the
second quarter of 2012. GAAP net earnings from continuing operations
attributable to common stockholders totaled $91 million, or $0.31 per diluted
share. These results included debt refinancing costs and an adjustment related
to the December 2010 acquisition of Capco, FIS’ global consulting business,
which totaled $0.26 per share. In the prior-year quarter, GAAP net earnings
from continuing operations were $156 million, or $0.52 per diluted share.

Second quarter revenue increased 3.7 percent on an organic basis compared to
the second quarter of 2012, which excludes the impact of acquisitions and
foreign currency. Non-GAAP adjusted net earnings from continuing operations
attributable to common stockholders increased to $209 million, up 5.5 percent
from $198 million in the second quarter of 2012. Adjusted net earnings per
diluted share increased 7.6 percent to $0.71 from $0.66 in the prior-year
quarter.

For the six months ended June 30, 2013, FIS posted revenue of $2.99 billion, a
4.2 percent increase from $2.87 billion in the prior-year period. GAAP net
earnings from continuing operations attributable to common stockholders
totaled $239 million, or $0.81 per diluted share. This included $0.24 per
share in debt refinancing costs and the aforementioned Capco adjustment, which
were partially offset by a gain resulting from the purchase of the remaining
interest in shares of mFoundry. GAAP net earnings from continuing operations
for the prior-year period were $0.83 per share and included $0.08 per share in
debt refinancing costs, charges for accelerated vesting of certain equity
grants and other compensation costs.

In the first half of 2013, FIS reported a 4.2 percent increase in organic
revenue, a 10.3 percent increase in adjusted net earnings from continuing
operations and a 10.8 percent increase in adjusted net earnings per share from
continuing operations compared to the prior-year period.

“We are pleased with our financial results through the first half of 2013,
which are in line with our expectations,” said Frank Martire, chairman and CEO
of FIS. “We remain focused on delivering strategic value to our clients,
executing our global business strategy and driving higher returns for our
shareholders.”

Non-GAAP Results

Organic revenue growth, which excludes the impact of acquisitions and foreign
currency, was 3.7 percent in the second quarter of 2013. EBITDA increased 2.8
percent to $450 million in the second quarter, as adjusted, from $438 million
in the 2012 quarter. EBITDA margin was 29.8 percent versus 30.0 percent in the
prior-year quarter, reflecting a less favorable revenue mix and higher
information security costs.

Organic revenue growth for the first half of 2013 was 4.2 percent. EBITDA
increased 5.5 percent to $878 million, as adjusted, and the EBITDA margin
expanded 40 basis points to 29.4 percent.

Definitions of non-GAAP financial measures and reconciliations of non-GAAP
measures to related GAAP measures are provided in subsequent sections of the
press release narrative and supplemental schedules.

Segment Information

The following discusses second quarter results by segment:

  *Financial Solutions:

Revenue increased 4.2 percent to $587 million from $563 million a year earlier
and rose 2.7 percent on an organic basis, driven by growth in eBanking
solutions, global commercial services and consulting. Higher termination fees
also contributed to second quarter results. Financial Solutions EBITDA
increased 7.5 percent to $231 million from $215 million a year ago. EBITDA
margin expanded 120 basis points to 39.4 percent.

  *Payment Solutions:

Revenue increased 2.8 percent to $623 million from $606 million in the 2012
quarter, reflecting growth in output solutions, bill payment services and card
loyalty programs. Higher termination fees also contributed to the latest
quarter’s results. Excluding the check-related businesses, revenue increased
4.2 percent. Revenue from the check-related businesses totaled $105 million
and $109 million in the second quarters of 2013 and 2012, respectively. EBITDA
rose 5.3 percent to $263 million from $250 million a year earlier. EBITDA
margin expanded 100 basis points to 42.2 percent.

  *International Solutions:

Revenue increased 5.6 percent to $304 million from $287 million in the 2012
quarter. Revenue increased 7.9 percent on an organic basis, excluding an
unfavorable currency impact of $7 million. These results were driven by strong
growth in Latin America, including the Brazilian card joint venture,
consulting services in Europe and new client implementations in Asia. EBITDA
increased 2.7 percent to $65 million from $63 million in the prior-year
quarter. EBITDA margin was 21.4 percent compared to 22.0 percent in the
prior-year quarter, reflecting a less favorable revenue mix.

  *Corporate/Other:

Corporate costs, as adjusted, were $109 million in the second quarter 2013, up
from $90 million in the prior year quarter. The increase reflected higher
investments associated with information security, risk management and
increased healthcare costs. Interest expense, net of interest income, declined
to $49 million in the most recent quarter from $57 million in the year-ago
quarter. The effective tax rate was approximately 30 percent in the second
quarter, up from 29 percent a year earlier. Both periods reflect the favorable
resolution of certain tax matters.

Balance Sheet and Cash Flow

Cash and cash equivalents totaled $653 million as of June 30, 2013. Debt
outstanding totaled approximately $4.8 billion.

Net cash provided by operations decreased to $157 million for the second
quarter of 2013 compared to $259 million in the 2012 quarter. Net cash
provided by operations, as adjusted, totaled $199 million for the quarter.
Capital expenditures totaled $83 million compared to $91 million in the
prior-year quarter. Free cash flow was $115 million for the most recent
quarter, down from $178 million in the 2012 quarter, reflecting higher tax
payments in the current year.

FIS repurchased approximately 2.8 million common shares at a total cost of
approximately $125 million in the second quarter at an average cost of $44.25
per share. The company repurchased approximately 5.5 million shares in the
first six months of 2013, at a total cost of approximately $225 million.
Approximately $424 million remains under the existing share repurchase
authorization.

2013 Outlook

FIS’ outlook for full-year 2013:

  *Reported revenue growth of 4 to 6 percent; 3 to 5 percent organic growth
  *EPS from continuing operations of $2.77 to $2.87, as adjusted, an increase
    of 11 to 15 percent compared to $2.50 per share in 2012
  *Free cash flow is expected to approximate adjusted net earnings

Webcast

FIS will host a webcast on July 30 to discuss second quarter 2013 results
beginning at 8:30 a.m. EDT. To listen to the live event and to access a
supplemental slide presentation, go to the Investor Relations section at
www.fisglobal.com and click on “News and Events.” A webcast replay will be
available on FIS’ Investor Relations Web site, and a telephone replay will be
available through August 13 by dialing 800.475.6701 (U.S.) or 320.365.3844
(International). The access code is 296797. To access a .PDF version of this
release and accompanying financial tables, go to www.investor.fisglobal.com.

Use of Non-GAAP Financial Information

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 of financial statements. In
addition to reporting financial results in accordance with GAAP, the Company
has provided non-GAAP financial measures, which it believes are useful to help
investors better understand its financial performance, competitive position
and prospects for the future.

These non-GAAP measures include organic revenue, adjusted earnings before
interest, taxes and depreciation and amortization (adjusted EBITDA), adjusted
EBITDA margin, adjusted net earnings and free cash flow. Organic revenue
includes reported revenue plus pre-acquisition revenue for companies acquired
during the applicable reporting periods. Organic revenue excludes the impact
of foreign currency fluctuation in 2013.

Adjusted EBITDA (2013 comparative data) excludes adjustments related to the
December 2010 acquisition of Capco.

Adjusted EBITDA (2012 comparative data) excludes charges for payments and
accelerated vesting of stock option and restricted stock grants associated
with the departure or change in role of certain company executives.

Adjusted net earnings (2013 comparative data) exclude the after-tax impact of
acquisition-related amortization, a net benefit related to a gain on the
mFoundry acquisition, debt issuance and refinancing costs and adjustments
related to the Capco acquisition.

Adjusted net earnings (2012 comparative data) exclude the after-tax impact of
acquisition-related amortization, debt refinancing costs and charges for
payments and accelerated vesting of stock option and restricted stock grants
associated with the departure or change in role of certain company executives.

Free cash flow is GAAP operating cash flow less capital expenditures and
excludes the net change in settlement assets and obligations. Free cash flow
also excludes the premium related to the early redemption of senior notes.

Any non-GAAP measures should be considered in context with the GAAP financial
presentation and should not be considered in isolation or as a substitute for
GAAP net earnings. Further, FIS’ non-GAAP measures may be calculated
differently from similarly titled measures of other companies. Reconciliations
of these non-GAAP measures to related GAAP measures are provided in the
attached schedules and in the Investor Relations section of the FIS Web site,
www.fisglobal.com.

About FIS

FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking
and payments technologies. With a long history deeply rooted in the financial
services sector, FIS serves more than 14,000 institutions in over 100
countries. Headquartered in Jacksonville, Fla., FIS employs more than 35,000
people worldwide and holds leadership positions in payment processing and
banking solutions, providing software, services and outsourcing of the
technology that drives financial institutions. First in financial technology,
FIS tops the annual FinTech 100 list, is 434 on the Fortune 500 and is a
member of Standard & Poor’s 500^® Index. For more information about FIS, visit
www.fisglobal.com.

Forward-Looking Statements

This news release and today’s webcast contain “forward-looking statements”
within the meaning of the U.S. federal securities laws. Statements that are
not historical facts, including statements about future revenue, organic
revenue, earnings before interest, taxes, depreciation and amortization
(“EBITDA”), earnings per share and margin expansion, as well as other
statements about our expectations, hopes, intentions, or strategies regarding
the future, are forward-looking statements. These statements relate to future
events and our future results, and involve a number of risks and
uncertainties. Forward-looking statements are based on management’s beliefs,
as well as assumptions made by, and information currently available to,
management. Any statements that refer to beliefs, expectations, projections or
other characterizations of future events or circumstances and other statements
that are not historical facts are forward-looking statements.

Actual results, performance or achievement could differ materially from those
contained in these forward-looking statements. The risks and uncertainties
that forward-looking statements are subject to include without limitation:

  *changes in general economic, business and political conditions, including
    the possibility of intensified international hostilities, acts of
    terrorism, and changes in either or both the United States and
    international lending, capital and financial markets;
  *the effect of legislative initiatives or proposals, statutory changes,
    governmental or other applicable regulations and/or changes in industry
    requirements, including privacy regulations;
  *the risks of reduction in revenue from the elimination of existing and
    potential customers due to consolidation in or new laws or regulations
    affecting the banking, retail and financial services industries or due to
    financial failures or other setbacks suffered by firms in those
    industries;
  *changes in the growth rates of the markets for our products and services;
  *failures to adapt our products and services to changes in technology or in
    the marketplace;
  *internal or external security breaches of our systems, including those
    relating to the theft of personal information and computer viruses
    affecting our software or platforms, and the reactions of customers, card
    associations, government regulators and others to any such events;
  *the reaction of our current and potential customers to communications from
    us or our regulators regarding information security, risk management,
    internal audit or other matters;
  *competitive pressures on pricing related to our products and services
    including the ability to attract new, or retain existing, customers;
  *an operational or natural disaster at one of our major operations centers;
  *and other risks detailed in “Risk Factors” and other sections of the
    Company’s Annual Report on Form 10-K for the fiscal year ended December
    31, 2012 and other filings with the SEC.

Other unknown or unpredictable factors also could have a material adverse
effect on our business, financial condition, results of operations and
prospects. Accordingly, readers should not place undue reliance on these
forward-looking statements. These forward-looking statements are inherently
subject to uncertainties, risks and changes in circumstances that are
difficult to predict. Except as required by applicable law or regulation, we
do not undertake (and expressly disclaim) any obligation and do not intend to
publicly update or review any of these forward-looking statements, whether as
a result of new information, future events or otherwise.

                 Fidelity National Information Services, Inc.

             Earnings Release Supplemental Financial Information

                                July 30, 2013

Exhibit A Consolidated Statements of Earnings - Unaudited for the three and
six months ended June30, 2013 and 2012

Exhibit B Consolidated Balance Sheets - Unaudited as of June30, 2013 and
December31, 2012

Exhibit C Consolidated Statements of Cash Flows - Unaudited for the six months
ended June30, 2013 and 2012

Exhibit D Supplemental Non-GAAP Financial Information - Unaudited for the
three and six months ended June30, 2013 and 2012

Exhibit E Supplemental GAAP to Non-GAAP Reconciliation - Unaudited for the
three and six months ended June30, 2013 and 2012

FIDELITY NATIONAL INFORMATION SERVICES, INC.
CONSOLIDATED STATEMENTS OF EARNINGS — UNAUDITED
(In millions, except per share data)

                                                                Exhibit A

                       Three months ended June 30,   Six months ended June 30,
                       2013           2012          2013          2012
Processing and         $  1,512.5      $ 1,457.2     $ 2,990.5     $ 2,870.6
services revenues
Cost of revenues       1,028.2        981.1        2,036.2      1,970.6   
Gross profit           484.3           476.1         954.3         900.0
Selling, general and
administrative         236.7          193.4        431.6        394.8     
expenses
Operating income       247.6          282.7        522.7        505.2     
Other income
(expense):
Interest expense,      (49.4       )   (56.6     )   (101.1    )   (116.0    )
net
Other income           (61.9       )   (1.8      )   (56.8     )   (22.7     )
(expense), net
Total other income     (111.3      )   (58.4     )   (157.9    )   (138.7    )
(expense)
Earnings from
continuing             136.3           224.3         364.8         366.5
operations before
income taxes
Provision for income   40.9           65.3         116.1        113.0     
taxes
Earnings from
continuing             95.4            159.0         248.7         253.5
operations, net of
tax
Earnings (loss) from
discontinued           13.6           (5.2      )   9.7          (9.6      )
operations, net of
tax
Net earnings           109.0           153.8         258.4         243.9
Net earnings
attributable to        (4.2        )   (3.2      )   (9.5      )   (6.2      )
noncontrolling
interest
Net earnings
attributable to FIS    $  104.8       $ 150.6      $ 248.9      $ 237.7   
common stockholders
Net earnings per
share-basic from
continuing             $  0.31         $ 0.53        $ 0.82        $ 0.85
operations
attributable to FIS
common stockholders
Net earnings (loss)
per share-basic from
discontinued           0.05           (0.02     )   0.03         (0.03     )
operations
attributable to FIS
common stockholders
Net earnings per
share-basic
attributable to FIS    $  0.36        $ 0.51       $ 0.86       $ 0.82    
common stockholders
*
Weighted average
shares                 289.9          292.7        290.5        291.2     
outstanding-basic
Net earnings per
share-diluted from
continuing             $  0.31         $ 0.52        $ 0.81        $ 0.83
operations
attributable to FIS
common stockholders
Net earnings (loss)
per share-diluted
from discontinued      0.05           (0.02     )   0.03         (0.03     )
operations
attributable to FIS
common stockholders
Net earnings per
share-diluted
attributable to FIS    $  0.36        $ 0.50       $ 0.84       $ 0.80    
common stockholders
*
Weighted average
shares                 294.3          298.3        294.8        296.8     
outstanding-diluted
Amounts attributable
to FIS common
stockholders:
Earnings from
continuing             $  91.2         $ 155.8       $ 239.2       $ 247.3
operations, net of
tax
Earnings (loss) from
discontinued           13.6           (5.2      )   9.7          (9.6      )
operations, net of
tax
Net earnings
attributable to FIS    $  104.8       $ 150.6      $ 248.9      $ 237.7   
common stockholders


* Amounts may not sum due to rounding.

FIDELITY NATIONAL INFORMATION SERVICES, INC.
CONSOLIDATED BALANCE SHEETS — UNAUDITED
(In millions, except per share data)

                                                               Exhibit B
                                                                 
                                                  As of          As of
                                                  June 30,       December 31,
                                                  2013           2012
Assets
Current assets:
Cash and cash equivalents                         $ 653.1        $ 517.6
Settlement deposits                               28.0           32.6
Trade receivables, net                            948.5          925.7
Settlement receivables                            85.6           128.3
Other receivables                                 58.2           30.2
Due from Brazilian venture partner                38.1           42.0
Prepaid expenses and other current assets         181.2          111.9
Deferred income taxes                             58.6          55.9       
Total current assets                              2,051.3        1,844.2
Property and equipment, net                       415.8          419.5
Goodwill                                          8,487.4        8,381.5
Intangible assets, net                            1,466.2        1,576.2
Computer software, net                            848.4          847.0
Deferred contract costs                           213.2          211.2
Other noncurrent assets                           267.8         270.1      
Total assets                                      $ 13,750.1    $ 13,549.7 
                                                                 
Liabilities and Equity
Current liabilities:
Accounts payable and accrued liabilities          $ 657.1        $ 624.6
Due to Brazilian venture partner                  14.3           18.8
Settlement payables                               121.1          172.2
Current portion of long-term debt                 83.7           153.9
Deferred revenues                                 266.7         287.3      
Total current liabilities                         1,142.9        1,256.8
Deferred revenues                                 35.6           42.2
Deferred income taxes                             801.2          821.8
Long-term debt, excluding current portion         4,672.7        4,231.6
Due to Brazilian venture partner                  34.5           40.5
Other long-term liabilities                       313.0         363.2      
Total liabilities                                 6,999.9       6,756.1    
Equity:
FIS stockholders’ equity:
Preferred stock $0.01 par value                   —              —
Common stock $0.01 par value                      3.8            3.8
Additional paid in capital                        7,207.1        7,197.0
Retained earnings                                 2,226.1        2,105.8
Accumulated other comprehensive earnings (loss)   (10.3      )   30.0
Treasury stock                                    (2,828.1   )   (2,695.7   )
Total FIS stockholders’ equity                    6,598.6        6,640.9
Noncontrolling interest                           151.6         152.7      
Total equity                                      6,750.2       6,793.6    
Total liabilities and equity                      $ 13,750.1    $ 13,549.7 


FIDELITY NATIONAL INFORMATION SERVICES, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS — UNAUDITED
(In millions)

                                                                  Exhibit C

                                                     Six months ended June 30,
                                                     2013           2012
Cash flows from operating activities:
Net earnings                                         $   258.4      $  243.9
Adjustment to reconcile net earnings to net cash
provided by operating activities:
Depreciation and amortization                        305.5          317.2
Amortization of debt issue costs                     14.6           24.6
ClearPar contingent consideration included in        (26.8      )   —
discontinued operations
Gain on mFoundry                                     (9.2       )   —
Stock-based compensation                             26.4           42.9
Deferred income taxes                                (24.7      )   5.8
Excess income tax benefit from exercise of stock     (14.5      )   (10.3    )
options
Other operating activities, net                      1.7            —
Net changes in assets and liabilities, net of
effects from acquisitions and foreign currency:
Trade receivables                                    (26.1      )   (55.6    )
Settlement activity                                  (3.6       )   (7.5     )
Prepaid expenses and other assets                    (60.7      )   (16.7    )
Deferred contract costs                              (37.3      )   (34.9    )
Deferred revenue                                     (26.0      )   (21.0    )
Accounts payable, accrued liabilities and other      (12.9      )   (25.7    )
liabilities
Net cash provided by operating activities            364.8         462.7    
                                                                    
Cash flows from investing activities:
Additions to property and equipment                  (59.5      )   (66.6    )
Additions to computer software                       (97.5      )   (89.1    )
Receipt of contingent consideration from ClearPar    26.8           —
sale
Acquisitions, net of cash acquired, and equity       (130.1     )   (41.7    )
investments
Other investing activities                           (22.8      )   —        
Net cash used in investing activities                (283.1     )   (197.4   )
                                                                    
Cash flows from financing activities:
Borrowings                                           7,151.6        7,483.3
Repayment of borrowings and capital lease            (6,776.0   )   (7,430.8 )
obligations
Debt issuance costs                                  (17.0      )   (47.5    )
Excess income tax benefit from exercise of stock     14.5           10.3
options
Proceeds from exercise of stock options              72.9           152.9
Treasury stock activity                              (230.8     )   (186.0   )
Dividends paid                                       (127.9     )   (117.7   )
Other financing activities, net                      (11.8      )   (4.7     )
Net cash provided by (used in) financing             75.5          (140.2   )
activities
                                                                    
Effect of foreign currency exchange rate changes     (21.7      )   (6.8     )
on cash
                                                                    
Net increase in cash and cash equivalents            135.5          118.3
Cash and cash equivalents, at beginning of period    517.6         415.5    
Cash and cash equivalents, at end of period          $   653.1     $  533.8 


FIDELITY NATIONAL INFORMATION SERVICES, INC.
SUPPLEMENTAL NON-GAAP FINANCIAL INFORMATION — UNAUDITED
(In millions)

                                                              Exhibit D

             Three months ended June 30, 2013
             Financial   Payment     International   Corporate
                                                                  Consolidated
             Solutions   Solutions   Solutions       and Other
Processing
and services $ 587.0    $ 623.1    $   303.5      $ (1.1   )   $  1,512.5 
revenue
Operating
income       $ 190.8     $ 242.8     $   46.3        $ (232.3 )   $  247.6
(loss)
Capco
acquisition  —           —           —               50.2         50.2
adjustments
Purchase
price        —          —          —              57.3        57.3       
amortization
Non GAAP
operating    190.8       242.8       46.3            (124.8   )   355.1
income
(loss)
Depreciation
and
amortization 40.4       20.1       18.7           15.8        95.0       
from
continuing
operations
Adjusted     $ 231.2    $ 262.9    $   65.0       $ (109.0 )   $  450.1   
EBITDA
                                                                  
Non GAAP
operating    32.5    %   39.0    %   15.3       %    N/M          23.5       %
margin
                                                                  
Adjusted
EBITDA       39.4    %   42.2    %   21.4       %    N/M          29.8       %
margin
                                                                  
                                                                  
             Three months ended June 30, 2012
             Financial   Payment     International   Corporate
                                                                  Consolidated
             Solutions   Solutions   Solutions       and Other
Processing
and services $ 563.4    $ 606.1    $   287.3      $ 0.4       $  1,457.2 
revenue
Operating
income       $ 172.7     $ 227.6     $   44.7        $ (162.3 )   $  282.7
(loss)
Purchase
price        —          —          —              59.7        59.7       
amortization
Non GAAP
operating    172.7       227.6       44.7            (102.6   )   342.4
income
(loss)
Depreciation
and
amortization 42.3       22.0       18.6           12.5        95.4       
from
continuing
operations
Adjusted     $ 215.0    $ 249.6    $   63.3       $ (90.1  )   $  437.8   
EBITDA
                                                                  
Non GAAP
operating    30.7    %   37.6    %   15.6       %    N/M          23.5       %
margin
                                                                  
Adjusted
EBITDA       38.2    %   41.2    %   22.0       %    N/M          30.0       %
margin
                                                                  
Total
revenue
growth from
prior year
period
Three months
ended June   4.2     %   2.8     %   5.6        %    N/M          3.8        %
30, 2013


FIDELITY NATIONAL INFORMATION SERVICES, INC.
SUPPLEMENTAL NON-GAAP FINANCIAL INFORMATION — UNAUDITED
(In millions)

                                                                  Exhibit D

             Six months ended June 30, 2013
             Financial     Payment       International   Corporate
                                                                      Consolidated
             Solutions     Solutions     Solutions       and Other
Processing
and services $ 1,162.3    $ 1,234.9    $   595.1      $ (1.8   )   $  2,990.5 
revenue
Operating
income       $ 379.2       $ 481.3       $   86.6        $ (424.4 )   $  522.7
(loss)
Capco
acquisition  —             —             —               50.2         50.2
adjustments
Purchase
price        —            —            0.1            117.5       117.6      
amortization
Non GAAP
operating    379.2         481.3         86.7            (256.7   )   690.5
income
(loss)
Depreciation
and
amortization 79.6         39.9         37.4           31.0        187.9      
from
continuing
operations
Adjusted     $ 458.8      $ 521.2      $   124.1      $ (225.7 )   $  878.4   
EBITDA
                                                                      
Non GAAP
operating    32.6      %   39.0      %   14.6       %    N/M          23.1       %
margin
                                                                      
Adjusted
EBITDA       39.5      %   42.2      %   20.9       %    N/M          29.4       %
margin
                                                                      
                                                                      
             Six months ended June 30, 2012
             Financial     Payment       International   Corporate
                                                                      Consolidated
             Solutions     Solutions     Solutions       and Other
Processing
and services $ 1,102.3    $ 1,203.2    $   564.1      $ 1.0       $  2,870.6 
revenue
Operating
income       $ 339.5       $ 443.8       $   77.7        $ (355.8 )   $  505.2
(loss)
Stock and
other        —             —             —               18.5         18.5
compensation
charges
Purchase
price        —            —            0.1            120.6       120.7      
amortization
Non GAAP
operating    339.5         443.8         77.8            (216.7   )   644.4
income
(loss)
Depreciation
and
amortization 83.4         43.7         36.9           24.3        188.3      
from
continuing
operations
Adjusted     $ 422.9      $ 487.5      $   114.7      $ (192.4 )   $  832.7   
EBITDA
                                                                      
Non GAAP
operating    30.8      %   36.9      %   13.8       %    N/M          22.4       %
margin
                                                                      
Adjusted
EBITDA       38.4      %   40.5      %   20.3       %    N/M          29.0       %
margin
                                                                      
Total
revenue
growth from
prior year
period
Six months
ended June   5.4       %   2.6       %   5.5        %    N/M          4.2        %
30, 2013


FIDELITY NATIONAL INFORMATION SERVICES, INC.
RECONCILIATION OF CASH FLOW MEASURES — UNAUDITED
(In millions)

                                        Exhibit D (continued)


                                         Three months ended  Six months ended
                                         June 30, 2013        June 30, 2013
Cash flows from operating activities:
Net cash provided by operating           $    157.3           $    364.8
activities
Settlement activity                      (10.3         )      3.6
Capital expenditures                     (83.3         )      (157.0       )
Bond premium payment (1)                 51.6                51.6         
Free cash flow                           $    115.3          $    263.0   

                                                           
                                         Three months ended   Six months ended
                                         June 30, 2012        June 30, 2012
Cash flows from operating activities:
Net cash provided by operating           $    258.8           $    462.7
activities
Settlement activity                      10.0                 7.5
Capital expenditures                     (90.6         )      (155.7       )
Free cash flow                           $    178.2          $    314.5   

(1) Free cash flow for the three and six months ended June 30, 2013 is
adjusted for the one time bond payment on our 2017 senior notes that were
redeemed in May 2013.

FIDELITY NATIONAL INFORMATION SERVICES, INC.
SUPPLEMENTAL GAAP TO NON-GAAP RECONCILIATION — UNAUDITED
(In millions)

                                                         Exhibit E

                                   Three months ended      Six months ended
                                   June 30,                June 30,
                                   2013       2012        2013       2012
                                                                       
Net earnings from continuing       $ 91.2      $ 155.8     $ 239.2     $ 247.3
operations attributable to FIS
Plus provision for income taxes    40.9        65.3        116.1       113.0
Interest expense, net              49.4        56.6        101.1       116.0
Other, net                         66.1       5.0        66.3       28.9
                                                                       
Operating income                   247.6       282.7       522.7       505.2
Capco acquisition adjustments      50.2        —           50.2        —
Stock and other compensation       —           —           —           18.5
charges
Purchase price amortization        57.3       59.7       117.6      120.7
                                                                       
Non GAAP operating income          355.1       342.4       690.5       644.4
                                                                       
Depreciation and amortization      95.0       95.4       187.9      188.3
from continuing operations
Adjusted EBITDA                    $ 450.1    $ 437.8    $ 878.4    $ 832.7


FIDELITY NATIONAL INFORMATION SERVICES, INC.
SUPPLEMENTAL GAAP TO NON-GAAP RECONCILIATION — UNAUDITED
(In millions)

                                                                  Exhibit E (continued)

                 Three months ended June 30, 2013
                               Long-term   Capco                       Purchase 
                               Debt        Acquisition                 Price
                 GAAP          Refinance   Adjustments   Subtotal      Amort.     Non-GAAP
                               (1)         (2)                         (6)
Processing and
services         $ 1,512.5     $  —        $  —          $ 1,512.5     $ —        $ 1,512.5
revenue
Cost of          1,028.2      —          (6.3     )    1,021.9      (57.3  )   964.6     
revenues
Gross profit     484.3         —           6.3           490.6         57.3       547.9
Selling,
general and      236.7        —          (43.9    )    192.8        —         192.8     
administrative
Operating        247.6        —          50.2         297.8        57.3      355.1     
income
Other income
(expense):
Interest
income           (49.4     )   —           —             (49.4     )   —          (49.4     )
(expense), net
Other income     (61.9     )   60.9       —            (1.0      )   —         (1.0      )
(expense), net
Total other
income           (111.3    )   60.9       —            (50.4     )   —         (50.4     )
(expense)
Earnings
(loss) from
continuing       136.3         60.9        50.2          247.4         57.3       304.7
operations
before income
taxes
Provision for    40.9         18.3       15.1         74.3         17.2      91.5      
income taxes
Earnings
(loss) from
continuing       95.4          42.6        35.1          173.1         40.1       213.2
operations,
net of tax
Earnings
(loss) from
discontinued     13.6         —          —            13.6         —         13.6      
operations,
net of tax (7)
Net earnings     109.0         42.6        35.1          186.7         40.1       226.8
(loss)
Net (earnings)
loss
attributable     (4.2      )   —          —            (4.2      )   —         (4.2      )
to
noncontrolling
interest
Net earnings
(loss)
attributable     $ 104.8      $  42.6    $  35.1      $ 182.5      $ 40.1    $ 222.6   
to FIS common
stockholders
                                                                                  
Amounts
attributable
to FIS common
stockholders
Earnings
(loss) from
continuing       $ 91.2        $  42.6     $  35.1       $ 168.9       $ 40.1     $ 209.0
operations,
net of tax
Earnings
(loss) from
discontinued     13.6         —          —            13.6         —         13.6      
operations,
net of tax (7)
Net earnings
(loss)
attributable     $ 104.8      $  42.6    $  35.1      $ 182.5      $ 40.1    $ 222.6   
to FIS common
stockholders
                                                                                  
Net earnings
(loss) per
share —
diluted from
continuing       $ 0.31       $  0.14    $  0.12      $ 0.57       $ 0.14    $ 0.71    
operations
attributable
to FIS common
stockholders*
Weighted
average shares   294.3        294.3      294.3        294.3        294.3     294.3     
outstanding —
diluted
                                                                                  
Effective tax    30        %                                                      30        %
rate
                                                                                  
Supplemental
information:
Depreciation
and                                                      $ 152.3      (57.3  )   $ 95.0    
amortization
Stock
compensation
expense,                                                                          $ 13.2
excluding
acceleration
charges
Stock
acceleration                                                                      —         
charges
Total stock
compensation                                                                      $ 13.2    
expense


* Amounts may not sum due to rounding.

See accompanying notes.

FIDELITY NATIONAL INFORMATION SERVICES, INC.
SUPPLEMENTAL GAAP TO NON-GAAP RECONCILIATION — UNAUDITED
(In millions)

                                                                             Exhibit E (continued)

                 Six months ended June 30, 2013
                               Long-term   Capco                                   Purchase 
                               Debt        Acquisition   Gain on                   Price
                 GAAP          Refinance   Adjustments   mFoundry    Subtotal      Amort.     Non-GAAP
                               (1)         (2)           (3)                       (6)
Processing and
services         $ 2,990.5     $  —        $  —          $ —         $ 2,990.5     $ —        $ 2,990.5
revenue
Cost of          2,036.2      —          (6.3     )    —          2,029.9      (117.6 )   1,912.3   
revenues
Gross profit     954.3         —           6.3           —           960.6         117.6      1,078.2
Selling,
general and      431.6        —          (43.9    )    —          387.7        —         387.7     
administrative
Operating        522.7        —          50.2         —          572.9        117.6     690.5     
income
Other income
(expense):
Interest
income           (101.1    )   —           —             —           (101.1    )   —          (101.1    )
(expense), net
Other income     (56.8     )   60.9       —            (9.2    )   (5.1      )   —         (5.1      )
(expense), net
Total other
income           (157.9    )   60.9       —            (9.2    )   (106.2    )   —         (106.2    )
(expense)
Earnings
(loss) from
continuing       364.8         60.9        50.2          (9.2    )   466.7         117.6      584.3
operations
before income
taxes
Provision for    116.1        18.3       15.1         (3.0    )   146.5        37.0      183.5     
income taxes
Earnings
(loss) from
continuing       248.7         42.6        35.1          (6.2    )   320.2         80.6       400.8
operations,
net of tax
Earnings
(loss) from
discontinued     9.7          —          —            —          9.7          —         9.7       
operations,
net of tax (7)
Net earnings     258.4         42.6        35.1          (6.2    )   329.9         80.6       410.5
(loss)
Net (earnings)
loss
attributable     (9.5      )   —          —            —          (9.5      )   —         (9.5      )
to
noncontrolling
interest
Net earnings
(loss)
attributable     $ 248.9      $  42.6    $  35.1      $ (6.2  )   $ 320.4      $ 80.6    $ 401.0   
to FIS common
stockholders
                                                                                              
Amounts
attributable
to FIS common
stockholders
Earnings
(loss) from
continuing       $ 239.2       $  42.6     $  35.1       $ (6.2  )   $ 310.7       $ 80.6     $ 391.3
operations,
net of tax
Earnings
(loss) from
discontinued     9.7          —          —            —          9.7          —         9.7       
operations,
net of tax (7)
Net earnings
(loss)
attributable     $ 248.9      $  42.6    $  35.1      $ (6.2  )   $ 320.4      $ 80.6    $ 401.0   
to FIS common
stockholders
                                                                                              
Net earnings
(loss) per
share —
diluted from
continuing       $ 0.81       $  0.14    $  0.12      $ (0.02 )   $ 1.05       $ 0.27    $ 1.33    
operations
attributable
to FIS common
stockholders*
Weighted
average shares   294.8        294.8      294.8        294.8      294.8        294.8     294.8     
outstanding —
diluted
                                                                                              
Effective tax    32        %                                                                  31        %
rate
                                                                                              
Supplemental
information:
Depreciation
and                                                                  $ 305.5      (117.6 )   $ 187.9   
amortization
Stock
compensation
expense,                                                                                      $ 26.4
excluding
acceleration
charges
Stock
acceleration                                                                                  —         
charges
Total stock
compensation                                                                                  $ 26.4    
expense


* Amounts may not sum due to rounding.

See accompanying notes.

FIDELITY NATIONAL INFORMATION SERVICES, INC.
SUPPLEMENTAL GAAP TO NON-GAAP RECONCILIATION — UNAUDITED
(In millions)

                                                    Exhibit E (continued)
                                                                 
                                        Three months ended June 30, 2012
                                                                   
                                                      Purchase
                                                      Price
                                        GAAP          Amort. (6)   Non-GAAP
Processing and services revenue         $ 1,457.2     $  —         $ 1,457.2
Cost of revenues                        981.1        (59.7    )   921.4     
Gross profit                            476.1         59.7         535.8
Selling, general and administrative     193.4        —           193.4     
Operating income                        282.7        59.7        342.4     
Other income (expense):
Interest income (expense), net          (56.6     )   —            (56.6     )
Other income (expense), net             (1.8      )   —           (1.8      )
Total other income (expense)            (58.4     )   —           (58.4     )
Earnings (loss) from continuing         224.3         59.7         284.0
operations before income taxes
Provision for income taxes              65.3         17.4        82.7      
Earnings (loss) from continuing         159.0         42.3         201.3
operations, net of tax
Earnings (loss) from discontinued       (5.2      )   1.4         (3.8      )
operations, net of tax (7)
Net earnings (loss)                     153.8         43.7         197.5
Net (earnings) loss attributable to     (3.2      )   —           (3.2      )
noncontrolling interest
Net earnings (loss) attributable to     $ 150.6      $  43.7     $ 194.3   
FIS common stockholders
                                                                   
Amounts attributable to FIS common
stockholders
Earnings (loss) from continuing         $ 155.8       $  42.3      $ 198.1
operations, net of tax
Earnings (loss) from discontinued       (5.2      )   1.4         (3.8      )
operations, net of tax (7)
Net earnings (loss) attributable to     $ 150.6      $  43.7     $ 194.3   
FIS common stockholders
                                                                   
Net earnings (loss) per share —
diluted from continuing operations      $ 0.52       $  0.14     $ 0.66    
attributable to FIS common
stockholders*
Weighted average shares outstanding —   298.3        298.3       298.3     
diluted
                                                                   
Effective tax rate                      29        %                29        %
                                                                   
Supplemental information:
Depreciation and amortization           $ 155.1      (59.7    )   $ 95.4    
Stock compensation expense, excluding                              $ 16.6
acceleration charges
Stock acceleration charges                                         —         
Total stock compensation expense                                   $ 16.6    


* Amounts may not sum due to rounding.

See accompanying notes.

FIDELITY NATIONAL INFORMATION SERVICES, INC.
SUPPLEMENTAL GAAP TO NON-GAAP RECONCILIATION — UNAUDITED
(In millions)

                                                                   Exhibit E (continued)

                 Six months ended June 30, 2012
                                                                                 
                               Stock and      Long-term                 Purchase
                               Other
                               Compensation   Debt                      Price
                 GAAP          Charges (4)    Refinance   Subtotal      Amort.     Non-GAAP
                                              (5)                       (6)
Processing and
services         $ 2,870.6     $   —          $  —        $ 2,870.6     $ —        $ 2,870.6
revenue
Cost of          1,970.6      —             —          1,970.6      (120.7 )   1,849.9   
revenues
Gross profit     900.0         —              —           900.0         120.7      1,020.7
Selling,
general and      394.8        (18.5     )    —          376.3        —         376.3     
administrative
Operating        505.2        18.5          —          523.7        120.7     644.4     
income
Other income
(expense):
Interest
income           (116.0    )   —              —           (116.0    )   —          (116.0    )
(expense), net
Other income     (22.7     )   —             18.4       (4.3      )   —         (4.3      )
(expense), net
Total other
income           (138.7    )   —             18.4       (120.3    )   —         (120.3    )
(expense)
Earnings
(loss) from
continuing       366.5         18.5           18.4        403.4         120.7      524.1
operations
before income
taxes
Provision for    113.0        6.2           6.2        125.4        37.8      163.2     
income taxes
Earnings
(loss) from
continuing       253.5         12.3           12.2        278.0         82.9       360.9
operations,
net of tax
Earnings
(loss) from
discontinued     (9.6      )   —             —          (9.6      )   2.7       (6.9      )
operations,
net of tax (7)
Net earnings     243.9         12.3           12.2        268.4         85.6       354.0
(loss)
Net (earnings)
loss
attributable     (6.2      )   —             —          (6.2      )   —         (6.2      )
to
noncontrolling
interest
Net earnings
(loss)
attributable     $ 237.7      $   12.3      $  12.2    $ 262.2      $ 85.6    $ 347.8   
to FIS common
stockholders
                                                                                   
Amounts
attributable
to FIS common
stockholders
Earnings
(loss) from
continuing       $ 247.3       $   12.3       $  12.2     $ 271.8       $ 82.9     $ 354.7
operations,
net of tax
Earnings
(loss) from
discontinued     (9.6      )   —             —          (9.6      )   2.7       (6.9      )
operations,
net of tax (7)
Net earnings
(loss)
attributable     $ 237.7      $   12.3      $  12.2    $ 262.2      $ 85.6    $ 347.8   
to FIS common
stockholders
                                                                                   
Net earnings
(loss) per
share —
diluted from
continuing       $ 0.83       $   0.04      $  0.04    $ 0.92       $ 0.28    $ 1.20    
operations
attributable
to FIS common
stockholders*
Weighted
average shares   296.8        296.8         296.8      296.8        296.8     296.8     
outstanding —
diluted
                                                                                   
Effective tax    31        %                                                       31        %
rate
                                                                                   
Supplemental
information:
Depreciation
and                                                       $ 309.0      (120.7 )   $ 188.3   
amortization
Stock
compensation
expense,                                                                           $ 34.6
excluding
acceleration
charges
Stock
acceleration                                                                       8.3       
charges
Total stock
compensation                                                                       $ 42.9    
expense


* Amounts may not sum due to rounding.

See accompanying notes.

                 FIDELITY NATIONAL INFORMATION SERVICES, INC.

           SUPPLEMENTAL GAAP TO NON-GAAP RECONCILIATION — UNAUDITED

                                (In millions)

Notes to Unaudited - Supplemental GAAP to Non-GAAP Reconciliation for the
three months ended June30, 2013 and 2012.

The adjustments are as follows:

(1) This column represents the write-off of certain previously capitalized
debt issuance costs and transaction expenses related to refinancing activities
undertaken in the second quarter of 2013, including a $51.6 million bond
premium incurred as a result of the early redemption of certain debt.

(2) The adjustment in this column represents an increase in the liability
established at the acquisition of Capco for contingent payments based on
expected operating performance in 2013 through 2015. This liability was
reduced by $22.3 million at December31, 2011 based on management's estimates,
but is now being increased as a result of improved performance and
expectations.

(3) Gain resulting from the purchase of the remaining shares of mFoundry,
Inc., representing the difference between the fair value and carrying value of
the minority interest investment previously held.

(4) Charges for accelerated vesting of certain stock option and restricted
stock grants as of March 30, 2012 pursuant to the changes in roles of William
P. Foley II, Vice Chairman, and Brent B. Bickett, Executive Vice President of
Corporate Finance, and for a non-compete and change in role cash payment to
Mr. Foley.

(5) This column represents the write-off of certain previously capitalized
debt issuance costs and transaction expenses incurred as a result of the early
pay down of certain debt and the refinancing of our credit facility in the
first quarter of 2012.

(6) This column represents purchase price amortization expense on intangible
assets acquired through various Company acquisitions.

(7) During the 2013 and 2012 periods, certain operations were classified as
discontinued. Reporting for discontinued operations classifies revenues and
expenses as one line item net of tax in the consolidated statements of
earnings. During 2012, we sold our Healthcare Benefit Solutions Business and
accordingly have classified its results as discontinued operations. During the
third quarter of 2010, we determined that Fidelity National Participacoes
Ltda. ("Participacoes"), our item processing and remittance services business
in Brazil, should be treated as a discontinued operation. In the second
quarter of 2013, we received an earn-out payment related to the 2010 sale of
our ClearPar business. The table below outlines the components of discontinued
operations for the periods presented, net of tax:

                      Three Months Ended June 30,  Six Months Ended June 30,
                       2013           2012          2013          2012
                                                                    
ClearPar               $   16.7        $  —          $  16.7        $  —
Healthcare Benefit     —               4.1           —              8.4
Solutions Business
Participacoes          (3.1      )     (9.3     )    (7.0     )     (18.0    )
Total discontinued     $   13.6       $  (5.2  )    $  9.7        $  (9.6  )
operations

Contact:

Ellyn Raftery, 904.438.6083
Chief Marketing Officer
FIS Global Marketing and Communications
ellyn.raftery@fisglobal.com
or
Mary Waggoner, 904.438.6282
Senior Vice President
FIS Investor Relations
mary.waggoner@fisglobal.com
 
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