Fidelity National Financial, Inc. Reports Third Quarter 2013 EPS of $0.43, Adjusted EPS of $0.50 and Adjusted Pre-Tax Title

  Fidelity National Financial, Inc. Reports Third Quarter 2013 EPS of $0.43,
       Adjusted EPS of $0.50 and Adjusted Pre-Tax Title Margin of 14.2%

PR Newswire

JACKSONVILLE, Fla., Oct. 23, 2013

JACKSONVILLE, Fla., Oct.23, 2013 /PRNewswire/ --Fidelity National Financial,
Inc. (NYSE:FNF), a leading provider of title insurance, mortgage services and
diversified services, today reported operating results for the three-month and
nine-month periods ended September 30, 2013.

  oAdjusted pre-tax title margin of 14.2% for the third quarter versus 14.4%
    in the third quarter of 2012
  oConsolidated results include a $10 million after-tax charge related to the
    write-off of a deferred tax asset and one-time debt extinguishment costs
    at Ceridian and $5 million of after-tax expenses related to the announced
    signing of a definitive agreement to acquire Lender Processing Services,
    Inc. (NYSE:LPS); a combined $0.07 negative impact to fully diluted EPS for
    the third quarter; adjusted EPS of $0.50 for the third quarter of 2013
  oOpen title orders of 474,000 for the third quarter, a decrease of 233,000,
    or 33%, compared with the third quarter of 2012, reflecting a significant
    decline in refinance orders partially mitigated with growth in purchase
    orders; open orders per day of 7,400 for the third quarter versus 11,200
    open orders per day for the third quarter of 2012; 56% of third quarter
    open title orders were purchase related versus 33% in the third quarter of
    2012
  oClosed title orders of 410,000 for the third quarter, a decrease of
    70,000, or 15%, compared with the third quarter of 2012; closed orders per
    day of 6,400 for the third quarter versus 7,600 closed orders per day for
    the third quarter of 2012; 50% of third quarter closed title orders were
    purchase related versus 37% in the third quarter of 2012
  oThird quarter purchase orders opened and closed increased by 10% and 15%,
    respectively, versus the third quarter of 2012
  oThird quarter commercial title revenue of $120 million, a 25% increase
    over the third quarter of 2012, driven by a 22% improvement in the
    commercial fee per file and a 3% increase in closed orders
  oOverall third quarter average fee per file of $1,807, a 23% increase over
    the third quarter of 2012 and a 16% sequential increase from the second
    quarter of 2013; residential and local commercial fee per file (excluding
    national commercial business) of $1,562 versus $1,300 for the third
    quarter of 2012, a 20% increase over the prior year period
  oRestaurant group total revenue of $338 million generating adjusted EBITDA
    of $14 million, and an adjusted EBITDA margin of 4.2%
  oRemy total revenue of $266 million producing adjusted EBITDA of $34
    million and an adjusted EBITDA margin of 12.7%

Consolidated ($ in millions except per share amounts)

                                         Three Months Ended Three Months Ended

                                         September 30, 2013 September 30, 2012
Total revenue                            $2,174             $2,033
Net earnings attributable to common      $98*               $234**
shareholders
Net earnings per diluted share           $0.43*             $1.04**
attributable to common shareholders
Cash flow from operations                $130               $184
                                         Nine Months Ended  Nine Months Ended

                                         September 30, 2013 September 30, 2012
Total revenue                            $6,494             $4,940
Net earnings attributable to common      $326               $455
shareholders
Net earnings per diluted share           $1.42              $2.02
attributable to common shareholders
Cash flow from operations                $344               $377

*Third quarter 2013 results include a $10 million pre-tax charge related to
the write-off of a deferred tax asset and one-time debt extinguishment costs
at Ceridian and $5 million of after-tax expenses related to the previously
announced signing of a definitive agreement to acquire LPS; a combined $0.07
negative impact to fully diluted EPS for the third quarter; adjusted EPS of
$0.50 for the third quarter of 2013

**Includes $89 million, or $0.39 per diluted share, in net gains from the
consolidations of O'Charley's andRemy

The following are summary financial and operational results for the operating
segments of FNF for the three-month and nine-month periods ended September 30,
2013 and 2012:

Fidelity National Title Group ("FNT") ($ in millions)

                                      Three Months Ended    Three Months Ended

                                      September 30, 2013    September 30, 2012
Total revenue                         $1,539                $1,452
Pre-tax earnings                      $221                  $209
Realized gains                        $3                    --
Adjusted pre-tax earnings             $218                  $209
Adjusted pre-tax margin               14.2%                 14.4%
                                      Nine Months Ended     Nine Months Ended

                                      September 30, 2013    September 30, 2012
Total revenue                         $4,529                $4,009
Pre-tax earnings                      $662                  $526
Realized gains                        $10                   $5
Claims recoupment impairment          --                    $11
Adjusted pre-tax earnings             $652                  $532
Adjusted pre-tax margin               14.4%                 13.3%
                                      Direct Orders         Direct Orders

                                      Opened***/ (%         Closed***/ (%
Month
                                      Purchase)             Purchase)
July 2013                             177,000 (54%)         158,000 (46%)
August 2013                           158,000 (57%)         139,000 (51%)
September 2013                        139,000 (58%)         113,000 (54%)
Third Quarter 2013                    474,000 (56%)         410,000 (50%)
*** Includes an immaterial number of
non-purchase and non-refinance orders
July 2012                             240,000 (34%)         155,000 (38%)
August 2012                           248,000 (34%)         174,000 (36%)
September 2012                        219,000 (33%)         151,000 (35%)
Third Quarter 2012                    707,000 (33%)         480,000 (37%)
              Open                                  Commercial
                                                    Revenue       Commercial
              Commercial   Closed Commercial Orders
                                                    (millions)    Fee Per File
              Orders
3rd Quarter   19,900       12,600                   $120          $9,500
2013
3rd Quarter   18,900       12,200                   $96           $7,800
2012

- The preceding table only includes commercial activity from FNF's commercial
offices in the national commercial division and does not attempt to capture
potential commercial activity in our local offices.

Restaurant Group  ($ in millions)

                                        Three Months Ended Three Months Ended

                                        September 30, 2013 September 30, 2012
Operating revenue                       $336               $298
Realized gains                          $2                 $50
Total revenue                           $338               $348
Pre-tax earnings                        --                 $43
Depreciation & amortization             $13                $11
Interest expense                        $2                 $1
EBITDA                                  $15                $55
Realized (gains)                        ($2)               ($50)
Transaction and integration costs       $1                 $5
Adjusted EBITDA                         $14                $10
Adjusted EBITDA margin                  4.2%               3.4%
                                                           Nine Months Ended

                                        Nine Months Ended  (Partial – May 11 –

                                        September 30, 2013 Sept 30)

                                                           September 30, 2012
Operating revenue                       $1,037             $551
Realized gains                          --                 $121
Total revenue                           $1,037             $672
Pre-tax earnings                        $5                 $106
Depreciation & amortization             $40                $20
Interest expense                        $6                 $2
EBITDA                                  $51                $128
Realized (gains) losses                 --                 ($121)
Transaction and integration costs       $5                 $15
Adjusted EBITDA                         $56                $22
Adjusted EBITDA margin                  5.4%               4.0%
                                                           Three Months Ended

                                        Three Months Ended (Partial – August
Remy ($ in millions)                                       15 –
                                        September 30, 2013
                                                           September 30)

                                                           September 30, 2012
Operating revenue                       $266               $143
Interest and investment income          $1                 --
Realized gains/(losses)                 ($1)               $79
Total revenue                           $266               $222
Pre-tax earnings                        $4                 $80
Depreciation & amortization             $20                $6
Interest expense                        $6                 $4
EBITDA                                  $30                $90
Realized losses (gains)                 $1                 ($79)
Stock compensation/other adjustments    $3                 $10
Adjusted EBITDA                         $34                $21
Adjusted EBITDA margin                  12.7%              14.7%
                                                           Nine Months Ended

                                        Nine Months Ended  (Partial – August
                                                           15-
                                        September 30, 2013
                                                           September 30)

                                                           September 30, 2012
Operating revenue                       $834               $143
Interest and investment income          $1                 --
Realized gains/(losses)                 ($4)               $79
Total revenue                           $831               $222
Pre-tax earnings                        $7                 $80
Depreciation & amortization             $58                $6
Interest expense                        $16                $4
EBITDA                                  $81                $90
Realized losses (gains)                 $4                 ($79)
Stock compensation, executive severance $16                $10
and other adjustments
Adjusted EBITDA                         $101               $21
Adjusted EBITDA margin                  12.1%              14.7%

"The expected transition from a refinance driven market to a purchase driven
market accelerated in the third quarter," said Chief Executive Officer George
P. Scanlon. "Despite a 15% decrease in closed orders versus the third quarter
of 2012, we still generated a 14.2% adjusted pre-tax margin in the title
business, a decline of only 20 basis points from the prior year, as the
combination of a 23% increase in the fee per file and nearly 1,650 staffing
reductions since the middle of June offset the decline in order volume. In
the third quarter, our residential purchase orders opened grew by 10% versus
the third quarter of 2012 and closed purchase orders increased by 15% over the
prior year, as the purchase market continued to improve despite modestly
higher mortgage rates. Overall, purchase orders constituted 56% of open
orders and 50% of closed orders during the third quarter. Our commercial
title insurance business continues to perform extremely well, generating 25%
revenue growth over a strong third quarter of 2012. As we enter the normally
seasonally slower fourth quarter and first quarter of 2014, we will remain
focused on operating the business efficiently in order to continue to maximize
the earnings from our title insurance business." 

"We continue to work towards a late fourth quarter or possibly January 2014
closing for the LPS acquisition," said Chairman William P. Foley, II. "Once
closed, the addition of LPS will create a larger, broader, more diversified
and recurring revenue base for FNF and we look forward to creating significant
value for our shareholders through this strategic acquisition."

Conference Call
FNF will host a call with investors and analysts to discuss third quarter 2013
results on Wednesday, October 23, 2013, beginning at 5:00 p.m. Eastern Time.
A live webcast of the conference call will be available on the Events and
Multimedia page of the FNF Investor Relations website at www.fnf.com. The
conference call replay will be available via webcast through the FNF Investor
Relations website at www.fnf.com. The telephone replay will be available from
7:00 p.m. Eastern time on October 24, 2013, through October 30, 2013, by
dialing 800-475-6701 (USA) or 320-365-3844 (International). The access code
will be 305378.

About FNF
Fidelity National Financial, Inc. (NYSE:FNF), is a leading provider of title
insurance, mortgage services and diversified services. FNF is the nation's
largest title insurance company through its title insurance underwriters -
Fidelity National Title, Chicago Title, Commonwealth Land Title and Alamo
Title - that collectively issue more title insurance policies than any other
title company in the United States. FNF owns a 55% stake in American Blue
Ribbon Holdings, LLC, a family and casual dining restaurant owner, operator
and franchisor of the O'Charley's, Ninety Nine Restaurant, Max & Erma's,
Village Inn, and Bakers Square concepts. FNF also owns an 87% stake in J.
Alexander's, LLC, an upscale dining restaurant owner and operator of the J.
Alexander's and Stoney River Legendary Steaks concepts. In addition, FNF also
owns a 51% stake in Remy International, Inc., a leading designer,
manufacturer, remanufacturer, marketer and distributor of aftermarket and
original equipment electrical components for automobiles, light trucks,
heavy-duty trucks and other vehicles. FNF also owns a minority interest in
Ceridian Corporation, a leading provider of global human capital management
and payment solutions. More information about FNF can be found at
www.fnf.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 earnings before
interest, taxes and depreciation and amortization (EBITDA) , adjusted earnings
before interest, taxes and depreciation and amortization (Adjusted EBITDA) and
adjusted earnings before interest, taxes and depreciation as a percent of
adjusted revenue (Adjusted EBITDA margin).

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, FNF's 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 above.

Important Information Filed with the SEC
FNF has filed with the SEC a Registration Statement on Form S‑4 in connection
with the previously announced transaction to purchase LPS that includes a
prospectus of FNF and a preliminary Joint Proxy Statement of FNF and LPS. The
Registration Statement has not yet become effective. Following the
Registration Statement having been declared effective by the SEC, FNF and LPS
plan to file with the SEC and mail to their respective stockholders a Joint
Proxy Statement/Prospectus in connection with the transaction. The
Registration Statement and the Joint Proxy Statement/Prospectus will contain
important information about FNF, LPS, the transaction and related matters.
Investors and security holders are urged to read the Registration Statement
and the PRELIMINARY JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT
DOCUMENTS FILED OR TO BE FILED BY FNF OR LPS, INCLUDING THE DEFINITIVE JOINT
Proxy Statement/Prospectus when IT BECOMES available, BECAUSE THEY CONTAIN OR
WILL CONTAIN IMPORTANT INFORMATION.

Investors and security holders are able to obtain free copies of the
Registration Statement and the preliminary Joint Proxy Statement/Prospectus
and other documents filed with the SEC by FNF and LPS through the web site
maintained by the SEC at www.sec.gov or by phone, email or written request by
contacting the investor relations department of FNF or LPS at the following:

FNF                           LPS
601 Riverside Avenue          601 Riverside Avenue
Jacksonville, FL 32204        Jacksonville, FL 32204
Attention: Investor Relations Attention: Investor Relations
904-854-8100                  904-854-8640
dkmurphy@fnf.com              nancy.murphy@lpsvcs.com

FNF and LPS, and their respective directors and executive officers, may be
deemed to be participants in the solicitation of proxies in respect of the
transactions contemplated by the merger agreement. Information regarding the
directors and executive officers of FNF is contained in FNF's Form 10-K for
the year ended December 31, 2012 and its proxy statement filed on April 12,
2013, which are filed with the SEC. Information regarding LPS's directors and
executive officers is contained in LPS's Form 10-K for the year ended December
31, 2012 and its proxy statement filed on April 9, 2013, which are filed with
the SEC. A more complete description will be available in the Registration
Statement and the Joint Proxy Statement/Prospectus.

This communication shall not constitute an offer to sell or the solicitation
of an offer to sell or the solicitation of an offer to buy any securities, nor
shall there be any sale of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. No offer of securities
shall be made except by means of a prospectus meeting the requirements of
Section 10 of the Securities Act of 1933, as amended.

Forward Looking Statements
This press release contains forward-looking statements that involve a number
of risks and uncertainties. Statements that are not historical facts,
including statements regarding expectations, hopes, intentions or strategies
regarding the future are forward-looking statements. Forward-looking
statements are based on management's beliefs, as well as assumptions made by,
and information currently available to, management. Because such statements
are based on expectations as to future financial and operating results and are
not statements of fact, actual results may differ materially from those
projected. FNF undertakes no obligation to update any forward-looking
statements, whether as a result of new information, future events or
otherwise. The risks and uncertainties which forward-looking statements are
subject to include, but are not limited to: the ability to consummate the
previously announced transaction with LPS; the ability to obtain requisite
regulatory and stockholder approval and the satisfaction of other conditions
to the consummation of the proposed transaction with LPS; the ability of FNF
to successfully integrate LPS's operations and employees and realize
anticipated synergies and cost savings; the potential impact of the
announcement or consummation of the proposed LPS transaction on relationships,
including with employees, suppliers, customers and competitors; changes in
general economic, business and political conditions, including changes in the
financial markets; weakness or adverse changes in the level of real estate
activity, which may be caused by, among other things, high or increasing
interest rates, a limited supply of mortgage funding or a weak U.S. economy;
FNF's dependence on distributions from its title insurance underwriters as a
main source of cash flow; significant competition that FNF faces; compliance
with extensive government regulation; and other risks detailed in the
"Statement Regarding Forward-Looking Information," "Risk Factors" and other
sections of FNF's Form 10-K and other filings with the Securities and Exchange
Commission.



FIDELITY NATIONAL FINANCIAL, INC.
SUMMARY OF EARNINGS
(In millions, except order information in 000's)
(Unaudited)
                                         Three Months Ended  Nine Months Ended
                                         September 30,       September 30,
                                         2013       2012     2013      2012
Direct title premiums                    $472       $436     $1,377    $1,215
Agency title premiums                    630        569      1,779     1,501
 Total title premiums                   1,102      1,005    3,156     2,716
Escrow, title-related and other fees     437        428      1,361     1,228
 Total title and escrow                 1,539      1,433    4,517     3,944
Restaurant revenue                       336        298      1,037     551
Remy revenue                             266        143      834       143
Interest and investment income           29         36       99        109
Realized gains and losses                4          123      7         193
 Total revenue                          2,174      2,033    6,494     4,940
Personnel costs                          540        470      1,605     1,322
Other operating expenses                 329        331      1,020     932
Cost of restaurant revenue               292        258      889       473
Cost of Remy revenue (includes $19, $6,  223        125      704       125
$55 and $6 of D&A, respectively)
Agent commissions                        482        432      1,352     1,144
Depreciation and amortization            36         28       104       71
Title claim loss expense                 77         69       221       200
Interest expense                         27         19       71        50
 Total expenses                         2,006      1,732    5,966     4,317
Earnings from continuing operations      168        301      528       623
before taxes
Income tax expense                       54         70       172       188
Earnings from continuing operations      114        231      356       435
before equity investments
Earnings from equity investments         (14)       5        (20)      13
Net earnings from continuing operations  100        236      336       448
Income from discontinued operations, net --         (1)      (2)       11
of tax
Net earnings                            100        235      334       459
Non-controlling interests                2          1        8         4
Net earnings attributable to common      $98        $234     $326      $455
shareholders
Earnings per share:
 Net earnings attributable to common  $0.43      $1.06    $1.45     $2.07
shareholders - basic
 Net earnings attributable to common  $0.43      $1.04    $1.42     $2.02
shareholders -diluted

                                         226        221      225       220
Weighted average shares – basic
Weighted average shares – diluted        230        226      230       225
Direct operations orders opened (000's)  474        707      1,789     2,025
Direct operations orders closed (000's)  410        480      1,401     1,349
Fee per file                             $1,807     $1,467   $1,568    $1,456
Actual title claims paid                 $103       $97      $303      $302





FIDELITY NATIONAL FINANCIAL, INC.
THIRD QUARTER SEGMENT INFORMATION
(In millions, except order information in 000's)
(Unaudited)
Three Months Ended                                  Restaurant       Corporate
                                Consolidated FNT               Remy
September 30, 2013                                  Group            and Other
Gross operating revenue         $2,141       $1,507 $336       $266  $32
Interest and investment income  29           29     --         1     (1)
Realized gains and losses       4            3      2          (1)   --
 Total revenue                 2,174        1,539  338        266   31
Personnel costs                 540          467    16         19    38
Other operating expenses        329          276    15         13    25
Cost of revenue                 515          --     292        223   --
Agent commissions               482          482    --         --    --
Depreciation and amortization   36           16     13         1     6
Title claim loss expense        77           77     --         --    --
Interest expense                27           --     2          6     19
 Total expenses                2,006        1,318  338        262   88
Pre-tax earnings from           168          221    --         4     (57)
continuing operations
Pre-tax margin                  7.7%         14.4%  --         1.5%  --
                                                                     
Adjusted pre-tax margin         7.6%         14.2%  --         1.9%
                                                                     --
Open orders                     474          474    --         --    --
Closed orders                   410          410    --         --    --
Three Months Ended                                  Restaurant       Corporate
                                Consolidated FNT               Remy
September 30, 2012                                  Group            and Other
Gross operating revenue         $1,874       $1,418 298        143   $15
Interest and investment income  36           34     --         --    2
Realized gains and losses       123          --     50         79    (6)
 Total revenue                 2,033        1,452  348        222   11
Personnel costs                 470          436    17         8     9
Other operating expenses        331          289    18         5     19
Cost of revenue                 383                 258        125
Agent commissions               432          432    --         --    --
Depreciation and amortization   28           17     11         --    --
Title claim loss expense        69           69     --         --    --
Interest expense                19           --     1          4     14
 Total expenses                1,732        1,243  305        142   42
Pre-tax earnings from           301          209    43         80    (31)
continuing operations
Pre-tax margin                  14.8%        14.4%  12.3%      36.0% --
                                                                     
Adjusted pre-tax margin         9.3%         14.4%  --         0.7%
                                                                     --
Open orders                     707          707    --         --    --
Closed orders                   480          480    --         --    --





FIDELITY NATIONAL FINANCIAL, INC.
YTD SEGMENT INFORMATION
(In millions, except order information in 000's)
(Unaudited)
Nine Months Ended                                   Restaurant       Corporate
                                Consolidated FNT               Remy
September 30, 2013                                  Group            and Other
Gross operating revenue         $6,388       $4,422 $1,037     $834  $95
Interest and investment income  99           97     --         1     1
Realized gains and losses       7            10     --         (4)   1
 Total revenue                 6,494        4,529  1,037      831   97
Personnel costs                 1,605        1,400  47         65    93
Other operating expenses        1,020        845    50         36    89
Cost of revenue                 1,593        --     889        704   --
Agent commissions               1,352        1,352  --         --    --
Depreciation and amortization   104          49     40         3     12
Title claim loss expense        221          221    --         --    --
Interest expense                71           --     6          16    49
 Total expenses                5,966        3,867  1,032      824   243
Pre-tax earnings from           528          662    5          7     (146)
continuing operations
Pre-tax margin                  8.1%         14.6%  0.5%       0.8%  --
                                                                     

Adjusted pre-tax margin         8.0%         14.4%  0.5%       1.3%  

                                                                     --
Open orders                     1,789        1,789  --         --    --
Closed orders                   1,401        1,401  --         --    --
Nine Months Ended                                   Restaurant       Corporate
                                Consolidated FNT               Remy
September 30, 2012                                  Group            and Other
Gross operating revenue         $4,638       $3,900 551        143   $44
Interest and investment income  109          104    --         --    5
Realized gains and losses       193          5      121        79    (12)
 Total revenue                 4,940        4,009  672        222   37
Personnel costs                 1,322        1,263  25         8     26
Other operating expenses        932          827    46         5     54
Cost of revenue                 598          --     473        125
Agent commissions               1,144        1,144  --         --    --
Depreciation and amortization   71           49     20         --    2
Title claim loss expense        200          200    --         --    --
Interest expense                50           --     2          4     44
 Total expenses                4,317        3,483  566        142   126
Pre-tax earnings from           623          526    106        80    (89)
continuing operations
Pre-tax margin                  12.6%        13.1%  15.8%      36.0% --
                                                                     
Adjusted pre-tax margin         9.1%         13.3%  --         0.7%
                                                                     --
Open orders                     2,025        2,025  --         --    --
Closed orders                   1,349        1,349  --         --    --



FIDELITY NATIONAL FINANCIAL, INC.
QUARTERLY OPERATING STATISTICS
(Unaudited)
                       Q3 2013 Q2 2013 Q1 2013 Q4 2012 Q3 2012 Q2 2012 Q1 2012
Quarterly Title
Margins (millions
except % data)
Total revenue          1,539   1,613   1,385   1,590   1,452   1,392   1,175
Pre-tax earnings       221     272     171     251     209     191     129
Realized               (3)     (7)     --      4       --      (1)     (4)
(gains)/losses
Claims recoupment      --      --      --      --      --      11      --
impairment
Adjusted pre-tax title 218     265     171     255     209     201     125
earnings
Adjusted pre-tax title 14.2%   16.5%   12.3%   16.0%   14.4%   14.5%   10.7%
margin
Quarterly Open Orders
('000's except % data)
Total open orders*     474     672     643     677     707     667     651
Total open orders per  7.4     10.5    10.5    10.7    11.2    10.4    10.5
day*
Purchase % of open     56%     42%     38%     32%     33%     38%     36%
orders
Refinance % of open    44%     58%     62%     68%     67%     62%     64%
orders
Quarterly Closed
Orders ('000's except
% data)
Total closed orders*   410     504     487     518     480     459     410
Total closed orders    6.4     7.9     8.0     8.2     7.6     7.2     6.6
per day*
Purchase % of closed   50%     40%     31%     33%     37%     40%     34%
orders
Refinance % of closed  50%     60%     69%     67%     63%     60%     66%
orders
*Includes an
immaterial number of
non-purchase and
non-refinance orders
Commercial ('000's)
Revenue                120     112     88      143     96      103     83
Open Orders            19.9    20.3    18.7    18.3    18.9    20.3    19.8
Closed Orders          12.6    12.3    10.6    13.5    12.2    13.1    11.7
Fee Per File
Fee per file           $1,807  $1,562  $1,373  $1,565  $1,467  $1,497  $1,398
Residential and local
commercial fee per     $1,562  $1,373  $1,219  $1,323  $1,300  $1,310  $1,231
file
National commercial    $9,500  $9,100  $8,300  $10,600 $7,800  $7,900  $7,100
fee per file
Staffing
Total field operations 10,600  12,000  12,000  11,600  11,300  11,000  10,600
employees





FIDELITY NATIONAL FINANCIAL, INC.
SUMMARY BALANCE SHEET INFORMATION
(In millions, except per share amounts)
                                September 30,  December 31,
                                2013           2012
                                (Unaudited)
Cash and investment portfolio   $5,252         $5,186
Goodwill                        1,894          1,909
Title plant                     374            374
Total assets                    10,077         9,903
Notes payable                   1,348          1,344
Reserve for title claim losses  1,695          1,748
Secured trust deposits          644            528
Total equity                    4,940          4,749
Book value per share            $21.51         $20.78



SOURCE Fidelity National Financial, Inc.

Website: http://www.fnf.com
Contact: Daniel Kennedy Murphy, Senior Vice President and Treasurer,
904-854-8120, dkmurphy@fnf.com
 
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