8-KEarnings & ResultsExhibits & Filings

Fidelity National Information Services, Inc. 8-K Report, Financial Results (Apr 11, 2005)

Filed April 11, 2005For Securities:FIS

Summary

This 8-K filing by Certegy Inc., dated April 11, 2005, primarily serves to furnish investors with financial highlights from the company's 2004 Annual Report. The report details financial data for the years ending December 31, 2004, 2003, and 2002, along with a ten-year trend for total revenues. A significant operational update is the classification of Certegy's merchant acquiring business as a discontinued operation, effective September 2004, due to the approved plan to sell this segment. The filing also notes the restatement of revenue data for discontinued operations and provides context for pre-2001 revenue figures, tracing them back to Equifax's Payment Services division. Investors should note that this information is furnished under Item 2.02 and is not considered 'filed' for the purposes of Section 18 of the Exchange Act, meaning it won't automatically be incorporated into future SEC filings unless specifically referenced.

Key Highlights

  • 1Certegy Inc. is providing financial highlights for the fiscal years ending December 31, 2004, 2003, and 2002.
  • 2A ten-year trend analysis of total revenues is presented.
  • 3The company's merchant acquiring business has been classified as a discontinued operation as of September 2004.
  • 4Revenue data has been restated to reflect the impact of discontinued operations.
  • 5Historical revenue data prior to 2001 is presented as part of Equifax's Payment Services division.
  • 6Pro forma diluted earnings per share reflects the adoption of SFAS No. 123(R) for share-based payments.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide investors with the financial highlights from Certegy Inc.'s 2004 Annual Report, including detailed financial data for recent fiscal years and historical revenue trends.

Classifying the merchant acquiring business as a 'discontinued operation' means that Certegy has approved a plan to sell this segment. Financial reporting standards require it to be presented separately from the company's ongoing operations, and its historical results are restated to reflect this classification.

No, the financial information furnished under Item 2.02 of this 8-K is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. It will only be incorporated by reference into other SEC filings if that filing specifically references this Form 8-K.

The adoption of SFAS No. 123(R), which deals with share-based payment accounting, has led to the presentation of pro forma diluted earnings per share from continuing operations. This pro forma figure includes adjustments to reflect the impact of this new accounting standard.