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Our Financial Strength
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We are regularly assigned ratings by independent rating agencies designed to indicate our financial condition and/or claims paying ability. The rating agencies determine ratings by quantitatively and qualitatively analyzing financial data and other information. Based on the most recent evaluations of financial position and operating results, FNF and FNT have received the following ratings.
| Ratings |
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Standard & Poor’s
(Financial Strength Rating)
FNF Family
|
A- |
Moody’s Investors Service
(Financial Strength Rating)
FNF Family |
A3 |
Fitch Ratings
(Insurer Financial Strength Rating)
FNF Family |
BBB |
A.M. Best Company
(Financial Strength Rating)
FNF Family |
A |
Demotech, Inc.
(Financial Stability Rating)
Chicago Title Insurance Company |
A” |
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| Balance Sheet (In Thousands) |
| PERIOD ENDING |
31-Dec-08 |
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| Assets |
| Current Assets |
|
Cash And Cash Equivalents |
315,297 |
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Short Term Investments |
788,350 |
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Net Receivables |
406,063 |
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Inventory |
- |
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Other Current Assets |
- |
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| Total Current Assets |
- |
| Long Term Investments |
3,588,143 |
| Property Plant and Equipment |
307,155 |
| Goodwill |
1,581,658 |
| Intangible Assets |
609,829 |
| Accumulated Amortization |
- |
| Other Assets |
632,527 |
| Deferred Long Term Asset Charges |
139,218 |
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| Total Assets |
8,368,240 |
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| Liabilities |
| Current Liabilities |
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Accounts Payable |
838,898 |
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Short/Current Long Term Debt |
- |
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Other Current Liabilities |
474,073 |
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| Total Current Liabilities |
- |
| Long Term Debt |
1,350,849 |
| Other Liabilities |
2,738,625 |
| Deferred Long Term Liability Charges |
109,023 |
| Minority Interest |
51,199 |
| Negative Goodwill |
- |
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| Total Liabilities |
5,562,667 |
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| Stockholders' Equity |
| Misc Stocks Options Warrants |
- |
| Redeemable Preferred Stock |
- |
| Preferred Stock |
- |
| Common Stock |
23 |
| Retained Earnings |
(188,954) |
| Treasury Stock |
(238,948) |
| Capital Surplus |
3,325,209 |
| Other Stockholder Equity |
(91,757) |
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| Total Stockholder Equity |
2,805,573 |
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| Net Tangible Assets |
$614,086 |
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