Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Fidelity National Information Services Inc., consolidated income statement

US$ in millions

12 months ended:	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	14,528)	13,877)	12,552)	10,333)	8,423)
Cost of revenue	(8,820)	(8,682)	(8,348)	(6,610)	(5,569)
Gross profit	5,708)	5,195)	4,204)	3,723)	2,854)
Selling, general and administrative expenses	(4,118)	(3,938)	(3,516)	(2,667)	(1,301)
Asset impairments	(17,709)	(202)	(136)	(87)	(95)
Operating income (loss)	(16,119)	1,055)	552)	969)	1,458)
Interest income	25)	2)	5)	52)	17)
Interest expense	(300)	(216)	(339)	(389)	(314)
Other income (expense), net	63)	(52)	48)	(219)	(57)
Other expense, net	(212)	(266)	(286)	(556)	(354)
Earnings (loss) before income taxes and equity method investment earnings (loss)	(16,331)	789)	266)	413)	1,104)
Provision for income taxes	(377)	(371)	(96)	(100)	(208)
Equity method investment earnings (loss)	—)	6)	(6)	(10)	(15)
Net earnings (loss)	(16,708)	424)	164)	303)	881)
Net earnings attributable to noncontrolling interest	(12)	(7)	(6)	(5)	(35)
Net earnings (loss) attributable to FIS common stockholders	(16,720)	417)	158)	298)	846)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

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Income statement item	Description	The company
Revenue	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	Fidelity National Information Services Inc. revenue increased from 2020 to 2021 and from 2021 to 2022.
Operating income (loss)	The net result for the period of deducting operating expenses from operating revenues.	Fidelity National Information Services Inc. operating income (loss) increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Earnings (loss) before income taxes and equity method investment earnings (loss)	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Fidelity National Information Services Inc. earnings (loss) before income taxes and equity method investment earnings (loss) increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Net earnings (loss) attributable to FIS common stockholders	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Fidelity National Information Services Inc. net earnings (loss) attributable to FIS common stockholders increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.

Fidelity National Information Services Inc. (NYSE:FIS)

Income Statement