01—Abstract
Summary
Summary of the 10-K/A filed March 10, 2009. Cited figures are marked; the original filing is the authoritative source.
Fidelity National Information Services, Inc. (FIS) filed an amended 10-K for the fiscal year ended December 31, 2008, primarily to correct an exhibit related to the consent of their independent registered public accounting firm, KPMG LLP.
This filing does not introduce new financial performance data but clarifies a procedural aspect of their previous submission. As a large accelerated filer, FIS's core business is in information services, likely serving financial institutions. Investors should note that this amendment is administrative in nature and does not alter the financial results or operational narrative presented in the original 10-K.
For a comprehensive understanding of FIS's performance and financial position in 2008, investors should refer to the original Form 10-K filing. This amendment serves to ensure the accuracy and completeness of the supporting documentation provided to the SEC. The company's stock is listed on the New York Stock Exchange, and its market value as of June 30, 2008, was substantial, indicating a significant market capitalization.
02—Key points
Key Highlights
- This filing is an Amendment No. 1 to the Form 10-K for the fiscal year ended December 31, 2008.
- The primary purpose of the amendment is to correct Exhibit 23.1, which is the consent of the Independent Registered Public Accounting Firm (KPMG LLP).
- The original 10-K was filed on February 27, 2009.
- Fidelity National Information Services, Inc. (FIS) is incorporated in Georgia and headquartered in Jacksonville, Florida.
- FIS's common stock is registered and traded on the New York Stock Exchange.
- The company is classified as a large accelerated filer.
- As of January 31, 2009, FIS had 190,920,746 shares of common stock outstanding.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in FY2008, Fidelity National Information Services, Inc. kept $0.06.
- Revenue$3.36B100.0%
- Cost of revenue−$2.62B77.9%
- Gross profit$743.4M22.1%
- Operating costs−$407.0M12.1%
- Operating income$336.4M10.0%
- Interest, other & tax−$121.6M3.6%
- Net income$214.8M6.4%
Where FY2008 revenue went
$3.36B- Cost of revenue: $2.62B, 78% of revenue
- Net income: $214.8M, 6.4% of revenue
- SG&A: $381.0M, 11% of revenue
- Other operating costs: $26.0M, 0.8% of revenue
- Interest, other & tax: $121.6M, 3.6% of revenue
Kept 6.4% as net incomeNet income $214.8M · 6.4%Other operating costs $26.0M · 0.8%
Full revenue history →04—Financials
Financial Highlights
Figures from 10-K/AFY2008filed March 10, 2009Financial Statements
FY2008 against FY2007
| Line item | FY2008FY2007 | Change |
|---|---|---|
| Revenue | $3.36B$2.89B | +16.1% |
| Gross Profit | $743.40M$577.60M | +28.7% |
| SG&A Expenses | $381.00M$302.50M | +26.0% |
| Operating Expenses | $3.02B— | — |
| Operating Income | $336.40M$261.60M | +28.6% |
| Interest Expense | $163.40M$190.20M | −14.1% |
| Net Income | $214.80M$561.20M | −61.7% |
| EPS (Basic) | $1.12$2.91 | −61.5% |
| EPS (Diluted) | $1.11$2.86 | −61.2% |
| Shares Outstanding (Basic) | 191.60M193.10M | −0.8% |
| Shares Outstanding (Diluted) | 193.50M196.50M | −1.5% |
05—Questions
Frequently Asked Questions
What is the main reason for this amended 10-K filing?
The main reason for this amended 10-K filing is to correct Exhibit 23.1, which contains the consent of the Independent Registered Public Accounting Firm, KPMG LLP. This correction is administrative and ensures the accuracy of the documentation.
Does this amendment change Fidelity National Information Services, Inc.'s financial results for 2008?
No, this amendment does not change the reported financial results or operational data for the fiscal year ended December 31, 2008. It is solely focused on correcting an administrative exhibit.
Where can I find the actual financial performance and business overview for FIS for 2008?
Investors should refer to the original Form 10-K filing for the fiscal year ended December 31, 2008, which was initially filed on February 27, 2009. This amended filing only addresses a specific exhibit correction.
What is Fidelity National Information Services, Inc.'s ticker symbol and exchange?
The filing states that FIS's common stock is registered on the New York Stock Exchange. While a ticker symbol is not explicitly provided in this excerpt, it is implied to be publicly traded on the NYSE.
06—Continue