United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
December 5, 2008
Fidelity National
Information Services, Inc.
(Exact name of Registrant as Specified in its Charter)
1-16427
(Commission File Number)
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Georgia |
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58-2606325 |
(State or Other Jurisdiction of Incorporation or Organization) |
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(IRS Employer Identification Number) |
601 Riverside Avenue
Jacksonville, Florida 32204
(Addresses of Principal
Executive Offices)
(904) 854-8100
(Registrants Telephone Number, Including Area Code)
(Former Name or Former
Address, if Changed Since Last Report)
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions: |
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02 Results of Operations and Financial Condition
Certegy Australia
On October 13, 2008, Fidelity National Information Services, Inc. (FIS) completed the sale
of the operating assets of Certegy Australia, Ltd. FIS will begin reporting Certegy Australia,
Ltd. as a discontinued operation beginning with the results of operations for the three and twelve
month periods ended December 31, 2008.
Reclassifications
During
the first quarter of 2008, the Company reclassified certain revenues
from the eFunds acquisition from the International revenue channel to
the Integrated Financial Solutions and Enterprise Solutions revenue
channels. Accordingly, certain revenues related to eFunds in the
third and fourth quarters of 2007 have been reclassified to conform
with our current presentation.
Because the operating results of Certegy Australia, Ltd. will not be formally reported as
discontinued operations until the completion of the 2008 fourth
quarter, management desires to
furnish more timely information to investors to improve the understanding of the Companys
operating performance. Management is separately furnishing information which reflects the operations of
Certegy Australia, Ltd. as a discontinued operation and the
reclassification of certain eFunds revenues noted above.
The purpose of the schedules included in Exhibit 99.1 is to recast the 2007 results by quarter
and on an annual basis, along with the first, second and third quarters of 2008 in a manner
consistent with how FIS will report results beginning in the fourth quarter of 2008. These
schedules report the operating results of Certegy Australia, Ltd., which we have sold as
discontinued operations. Additionally, Exhibit A reflects the
reclassifications of certain eFunds revenues from the International
revenue channel to the Integrated Financial Solutions and Enterprise
Solutions revenue channels. Revenues and expenses associated with Certegy Australia, Ltd., are
presented as discontinued operations in the consolidated statements of earnings. Discontinued
operations are reflected separately, net of tax, below net earnings from continuing operations.
The exhibit included with this filing contains financial information determined by methods
other than in accordance with generally accepted accounting principles (GAAP). FISs management
uses non-GAAP measures for planning purposes, including the preparation of annual operating
budgets, and to evaluate the operating performance of its businesses and to compare its operating
performance with that of its competitors. Therefore, management believes non-GAAP measures to be
relevant and useful information for investors. The non-GAAP measures exclude certain items, which
management believes are not indicative of core operating results, however, these items do impact
our income statement, and management therefore utilizes non-GAAP measures as an operating
performance measure in conjunction with GAAP measures, such as operating income or other income
statement data prepared in accordance with GAAP. The non-GAAP measures should not be used in
isolation or as a substitute for other measures of financial performance reported in accordance
with GAAP.
The information included in Items 2.02 and 9.01 within this Current Report are being furnished
and shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of
1934, as amended or otherwise subject to the liabilities of that Section. The information included
in Items 2.02 and 9.01 within this Current Report shall not be incorporated by reference into any
registration statement or other document pursuant to the Securities Act of 1933, as amended.
A copy of the historical financial data is attached as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Fidelity National Information Services, Inc. Supplemental Financial Schedules
As described in Item 2.02 above of this Current Report, this exhibit is furnished and not filed
with this Current Report.