$FI
Fiserv Inc

2012 Q2 Form 10-Q Financial Statement

#000119312512324802 Filed on July 31, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $1.087B $1.065B
YoY Change 2.07% 4.21%
Cost Of Revenue $471.0M $479.0M
YoY Change -1.67% -18.26%
Gross Profit $616.0M $586.0M
YoY Change 5.12% 34.4%
Gross Profit Margin 56.67% 55.02%
Selling, General & Admin $204.0M $190.0M
YoY Change 7.37% 2.7%
% of Gross Profit 33.12% 32.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $86.00M $88.00M
YoY Change -2.27% 6.02%
% of Gross Profit 13.96% 15.02%
Operating Expenses $204.0M $190.0M
YoY Change 7.37% 2.7%
Operating Profit $257.0M $251.0M
YoY Change 2.39% 0.0%
Interest Expense $44.00M $49.00M
YoY Change -10.2% -206.52%
% of Operating Profit 17.12% 19.52%
Other Income/Expense, Net
YoY Change
Pretax Income $219.0M $142.0M
YoY Change 54.23% -30.73%
Income Tax $60.00M $49.00M
% Of Pretax Income 27.4% 34.51%
Net Earnings $161.0M $90.00M
YoY Change 78.89% -29.13%
Net Earnings / Revenue 14.81% 8.45%
Basic Earnings Per Share $1.18 $0.63
Diluted Earnings Per Share $1.17 $0.62
COMMON SHARES
Basic Shares Outstanding 136.1M shares 142.5M shares
Diluted Shares Outstanding 137.8M shares 144.2M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $302.0M $675.0M
YoY Change -55.26% 99.7%
Cash & Equivalents $302.0M $675.0M
Short-Term Investments
Other Short-Term Assets $336.0M $301.0M
YoY Change 11.63% -2.27%
Inventory
Prepaid Expenses
Receivables $606.0M $547.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.283B $1.523B
YoY Change -15.76% 32.9%
LONG-TERM ASSETS
Property, Plant & Equipment $256.0M $272.0M
YoY Change -5.88% -0.37%
Goodwill $4.718B
YoY Change
Intangibles $1.814B
YoY Change
Long-Term Investments
YoY Change
Other Assets $345.0M $354.0M
YoY Change -2.54% -20.81%
Total Long-Term Assets $7.133B $6.873B
YoY Change 3.78% -2.32%
TOTAL ASSETS
Total Short-Term Assets $1.283B $1.523B
Total Long-Term Assets $7.133B $6.873B
Total Assets $8.416B $8.396B
YoY Change 0.24% 2.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $94.00M $518.0M
YoY Change -81.85% 10.21%
Accrued Expenses $414.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $178.0M $303.0M
YoY Change -41.25% 422.41%
Total Short-Term Liabilities $1.235B $1.154B
YoY Change 7.02% 36.41%
LONG-TERM LIABILITIES
Long-Term Debt $3.237B $3.350B
YoY Change -3.37% -0.92%
Other Long-Term Liabilities $81.00M $170.0M
YoY Change -52.35% -31.73%
Total Long-Term Liabilities $3.318B $3.520B
YoY Change -5.74% -3.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.235B $1.154B
Total Long-Term Liabilities $3.318B $3.520B
Total Liabilities $5.163B $5.310B
YoY Change -2.77% 4.92%
SHAREHOLDERS EQUITY
Retained Earnings $5.632B
YoY Change
Common Stock $2.000M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.098B
YoY Change
Treasury Stock Shares 62.30M shares
Shareholders Equity $3.253B $3.086B
YoY Change
Total Liabilities & Shareholders Equity $8.416B $8.396B
YoY Change 0.24% 2.62%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $161.0M $90.00M
YoY Change 78.89% -29.13%
Depreciation, Depletion And Amortization $86.00M $88.00M
YoY Change -2.27% 6.02%
Cash From Operating Activities $146.0M $128.0M
YoY Change 14.06% -23.35%
INVESTING ACTIVITIES
Capital Expenditures -$43.00M -$46.00M
YoY Change -6.52% 9.52%
Acquisitions
YoY Change
Other Investing Activities $3.000M $2.000M
YoY Change 50.0% -300.0%
Cash From Investing Activities -$40.00M -$44.00M
YoY Change -9.09% 2.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -115.0M 74.00M
YoY Change -255.41% -136.63%
NET CHANGE
Cash From Operating Activities 146.0M 128.0M
Cash From Investing Activities -40.00M -44.00M
Cash From Financing Activities -115.0M 74.00M
Net Change In Cash -9.000M 158.0M
YoY Change -105.7% -302.56%
FREE CASH FLOW
Cash From Operating Activities $146.0M $128.0M
Capital Expenditures -$43.00M -$46.00M
Free Cash Flow $189.0M $174.0M
YoY Change 8.62% -16.75%

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