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425
FIDELITY NATIONAL INFORMATION SERVICES, INC. filed this Form 425 on 05/13/2019
Entire Document
 


Worldpay, Inc.

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(In millions, except share data)

 

     December 31,
2018
    December 31,
2017
 

Assets

    

Current assets:

    

Cash and cash equivalents

   $ 196.5     $ 126.5  

Accounts receivable—net

     1,694.8       986.6  

Settlement assets and merchant float

     3,132.3       142.0  

Prepaid expenses

     80.0       33.5  

Other

     526.1       84.0  
  

 

 

   

 

 

 

Total current assets

     5,629.7       1,372.6  

Property, equipment and software—net

     1,074.1       473.7  

Intangible assets—net

     3,127.8       678.5  

Goodwill

     14,137.9       4,173.0  

Deferred taxes

     789.9       739.5  

Proceeds from senior unsecured notes

     —         1,135.2  

Other assets

     129.1       94.5  
  

 

 

   

 

 

 

Total assets

   $ 24,888.5     $ 8,667.0  
  

 

 

   

 

 

 

Liabilities and equity

    

Current liabilities:

    

Accounts payable and accrued expenses

   $ 1,188.7     $ 631.9  

Settlement obligations

     3,723.6       816.2  

Current portion of notes payable

     225.7       107.9  

Current portion of tax receivable agreement obligations

     73.1       245.5  

Deferred income

     25.1       18.9  

Current maturities of capital lease obligations

     22.7       8.0  

Other

     630.3       6.0  
  

 

 

   

 

 

 

Total current liabilities

     5,889.2       1,834.4  

Long-term liabilities:

    

Notes payable

     7,622.1       5,586.4  

Tax receivable agreement obligations

     590.8       535.0  

Capital lease obligations

     34.3       4.5  

Deferred taxes

     473.7       65.6  

Other

     74.4       40.5  
  

 

 

   

 

 

 

Total long-term liabilities

     8,795.3       6,232.0  

Total liabilities

     14,684.5       8,066.4  

Commitments and contingencies (See Note 11—Commitments, Contingencies and Guarantees)

    

Equity:

    

Class A common stock, $0.00001 par value; 890,000,000 shares authorized; 300,454,590 shares outstanding at December 31, 2018; 162,595,981 shares outstanding at December 31, 2017

     —         —    

Class B common stock, no par value; 100,000,000 shares authorized; 10,252,826 shares issued and outstanding at December 31, 2018; 15,252,826 shares issued and outstanding at December 31, 2017

     —         —    

Preferred stock, $0.00001 par value; 10,000,000 shares authorized; no shares issued and outstanding

     —         —    

Paid-in capital

     10,135.3       55.4  

Retained earnings

     593.1       558.0  

Accumulated other comprehensive (loss) income

     (731.2     2.9  

Treasury stock, at cost; 3,574,553 shares at December 31, 2018 and 2,861,671 shares at December 31, 2017

     (142.8     (83.8
  

 

 

   

 

 

 

Total Worldpay, Inc. equity

     9,854.4       532.5  

Non-controlling interests

     349.6       68.1  
  

 

 

   

 

 

 

Total equity

     10,204.0       600.6  
  

 

 

   

 

 

 

Total liabilities and equity

   $ 24,888.5     $ 8,667.0  
  

 

 

   

 

 

 

See Notes to Consolidated Financial Statements.

 

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