Fidelity National Financial (FNF) 8-K/A Fidelity National Financial, Inc. Unaudited Pro Forma Condensed Consolidated Financial Statements

Exhibit 99.1

Fidelity National Financial, Inc.
Unaudited Pro Forma Condensed Consolidated Financial Statements

     The following unaudited pro forma condensed consolidated financial statements present historical financial statements of Fidelity National Financial, Inc. (“FNF”) with adjustments relating to the acquisition of a 33% interest in Ceridian Corporation, a Delaware corporation (“Ceridian”). On May 30, 2007, FNF and Thomas H. Lee Partners, L.P. (“THL”) announced the execution of a definitive merger agreement to jointly acquire Ceridian for $36 in cash per share of common stock, or approximately $5.3 billion. On November 9, 2007, the acquisition was completed, with FNF and THL each contributing $525 million and other investors contributing a total of $550 million, for a total of $1.6 billion in equity funding. The majority of FNF’s equity contribution was funded through a borrowing under its existing bank credit facility. The unaudited pro forma condensed consolidated balance sheet as of September 30, 2007 is presented as if the acquisition of Ceridian had been completed on September 30, 2007. The unaudited pro forma condensed consolidated statements of earnings for the nine months ended September 30, 2007 and the year ended December 31, 2006 are presented as if the acquisition of Ceridian had been completed on January 1, 2006.

     These unaudited pro forma condensed consolidated financial statements should be read in conjunction with FNF’s and Ceridian’s historical consolidated financial statements and accompanying notes as previously filed. The unaudited pro forma condensed consolidated financial statements are not necessarily indicative of the results of operations of the combined company that would have been reported had the merger been completed as of the dates presented, and are not necessarily representative of the future consolidated results of operations of FNF.

Fidelity National Financial, Inc.
Unaudited Pro Forma Condensed Consolidated Balance Sheet
September 30, 2007

				Pro forma
	Historical			Adjustments			Pro forma
	(in thousands except per share data)
Assets:
Investments:
Fixed maturities available for sale	$	3,113,254					$	3,113,254
Equity securities, at fair value		111,460						111,460
Investments in unconsolidated affiliates and other long-term investments		180,751			526,825	(1)		707,576
Short-term investments		374,979						374,979
Total investments		3,780,444			526,825			4,307,269
Cash and cash equivalents		553,820			(41,825	)(1)		511,995
Trade and notes receivable		233,796						233,796
Goodwill		1,360,565						1,360,565
Prepaid expenses and other assets		467,780						467,780
Capitalized software		90,094						90,094
Other intangible assets		111,754						111,754
Title plants		331,688						331,688
Property and equipment, net		275,382						275,382
Income taxes receivable		21,148						21,148
	$	7,226,471		$	485,000		$	7,711,471
Liabilities and Stockholders’ Equity:
Liabilities:
Accounts payable and accrued liabilities	$	842,707					$	842,707
Accounts payable to FIS		32,618						32,618
Deferred revenue		126,543						126,543
Notes payable		643,837			485,000	(1)		1,128,837
Reserve for claim losses		1,296,691						1,296,691
Secured trust deposits		711,430						711,430
Deferred tax liability		94,999						94,999
		3,748,825			485,000			4,233,825
Minority interests		53,587						53,587
Stockholders’ Equity:
Common stock		22						22
Additional paid-in capital		3,230,481						3,230,481
Retained earnings		322,216						322,216
		3,552,719			—			3,552,719
Accumulated other comprehensive income (loss)		11,031						11,031
Treasury stock		(139,691	)					(139,691	)
		3,424,059			—			3,424,059
	$	7,226,471		$	485,000		$	7,711,471

Fidelity National Financial, Inc.
Unaudited Pro Forma Condensed Consolidated Statement of Earnings
For the nine months ended September 30, 2007

				Pro forma
	Historical			Adjustments			Pro forma
	(in thousands except per share data)
Revenue:
Direct title insurance premiums	$	1,258,166					$	1,258,166
Agency title insurance premiums		1,677,606						1,677,606
Escrow and other title related fees		790,336						790,336
Transaction processing		—						—
Specialty insurance		297,573						297,573
Interest and investment income		145,634						145,634
Gain on sale of minority interest in FIS		—						—
Realized gains and losses, net		12,449						12,449
Other income		46,144						46,144
		4,227,908			—			4,227,908
Expenses:
Personnel costs		1,315,695						1,315,695
Other operating expenses		814,590						814,590
Agent commissions		1,298,340						1,298,340
Depreciation and amortization		92,894						92,894
Provision for claim losses		413,495						413,495
Interest expense		37,194			20,864	(1)		58,058
		3,972,208			20,864			3,993,072
Earnings before income taxes, minority interest, and equity in earnings of unconsolidated affiliates		255,700			(20,864	)		234,836
Income tax expense (benefit)		81,441			(7,866	)(2)		73,575
Earnings before minority interest and equity in earnings of unconsolidated affiliates		174,259			(12,998	)		161,261
Minority interest		(447	)					(447	)
Earnings before equity in earnings of unconsolidated affiliates		174,706			(12,998	)		161,708
Equity in loss of unconsolidated affiliates		—			(18,100	)(3)		(18,100	)
Net earnings	$	174,706		$	(31,098	)	$	143,608
Basic net earnings per share	$	0.80					$	0.66
Weighted average shares outstanding, basic basis		218,006						218,006
Diluted net earnings per share	$	0.79					$	0.65
Weighted average shares outstanding, diluted basis		221,797						221,797

Fidelity National Financial, Inc.
Unaudited Pro Forma Condensed Consolidated Statement of Earnings
For the year ended December 31, 2006

			Pro forma
	Historical		Adjustments			Pro forma
	(in thousands except per share data)
Revenue:
Direct title insurance premiums	$	1,957,064				$	1,957,064
Agency title insurance premiums		2,649,136					2,649,136
Escrow and other title related fees		1,061,469					1,061,469
Transaction processing		3,094,370					3,094,370
Specialty insurance		394,613					394,613
Interest and investment income		208,309					208,309
Gain on sale of minority interest in FIS		—					—
Realized gains and losses, net		18,562					18,562
Other income		52,578					52,578
		9,436,101		—			9,436,101
Expenses:
Personnel costs		3,225,319					3,225,319
Other operating expenses		2,075,101					2,075,101
Agent commissions		2,035,423					2,035,423
Depreciation and amortization		460,750					460,750
Provision for claim losses		486,334					486,334
Interest expense		209,972		27,850	(1)		237,822
		8,492,899		27,850			8,520,749
Earnings before income taxes, minority interest, and equity in earnings of unconsolidated affiliates		943,202		(27,850	)		915,352
Income tax expense (benefit)		350,871		(10,499	)(2)		340,372
Earnings before minority interest and equity in earnings of unconsolidated affiliates		592,331		(17,351	)		574,980
Minority interest		154,570					154,570
Earnings before equity in earnings of unconsolidated affiliates		437,761		(17,351	)		420,410
Equity in loss of unconsolidated affiliates		—		(26,500	)(3)		(26,500	)
Net earnings	$	437,761	$	(43,851	)	$	393,910
Basic net earnings per share	$	2.40				$	2.16
Weighted average shares outstanding, basic basis		182,031					182,031
Diluted net earnings per share	$	2.39				$	2.15
Weighted average shares outstanding, diluted basis		182,861					182,861

Fidelity National Financial, Inc.
Notes to Unaudited Pro Forma Condensed Consolidated Financial Statements

Notes to Unaudited Pro Forma Condensed Consolidated Balance Sheet as of September 30, 2007

     This condensed consolidated balance sheet includes the historical balance sheet of Fidelity National Financial, Inc. (“FNF”) and pro forma adjustments to reflect the acquisition of a 33% interest in Ceridian Corporation (“Ceridian”) as though the acquisition had occurred on September 30, 2007.

(1) These amounts represent FNF’s total investment of $526.8 million in Ceridian, made up of $41.8 million in cash on hand and $485 million in proceeds from FNF’s revolving credit facility.

Notes to Unaudited Pro Forma Condensed Consolidated Statements of Earnings for the Nine Months Ended September 30, 2007 and for the Year Ended December 31, 2006

     These condensed consolidated statements of earnings include the historical statements of earnings of FNF and pro forma adjustments to reflect the effects of the acquisition of a 33% interest in Ceridian as though the acquisition had occurred on January 1, 2006.

(1) These amounts represent the additional interest expense related to the $485 million increase in FNF’s debt. This additional interest is $20.9 million for the nine months ended September 30, 2007, calculated using a weighted average interest rate of 5.74% (average 3-month LIBOR plus 0.36%), and $27.9 million for the year ended December 31, 2006, calculated using a weighted average interest rate of 5.74% (average 3-month LIBOR plus 0.36%).

(2) These amounts represent the reduction in income tax expense resulting from the additional interest expense. This decrease in income tax expense, calculated at a statutory rate of 37.7%, was $7.9 million for the nine months ended September 30, 2007 and $10.5 million for the year ended December 31, 2006.

(3) These amounts represent FNF’s equity in Ceridian’s pro forma earnings for each period presented. They were calculated by adjusting FNF’s proportionate share of Ceridian’s historical net earnings to reflect pro forma adjustments to Ceridian’s net earnings, including increases in interest expense related to increased debt, increases in amortization expense due to purchase accounting adjustments, decreases in income tax expense, and various other adjustments. Following is a detail of FNF’s proportionate share of Ceridian’s pro forma earnings for each period presented (in millions):

	Nine months ended			Year ended
	September 30, 2007			December 31, 2006
Historical net earnings	$	41.5		$	57.3
Pro forma adjustments:
Interest expense		(82.5	)		(110.0	)
Amortization expense		(17.9	)		(24.9	)
Income tax provision		36.5			51.4
Other		4.3			(0.3	)
Pro forma net loss	$	(18.1	)	$	(26.5	)