EX-99.1B1 3 0003.txt STAND-ALONE NDC HEALTH CON. STATEMENTS OF INCOME
Consolidated Statement of Income (Unaudited) Exhibit 99.1 (b) 1 Stand Alone NDC Health (Normalized) (in thousands, except per share data) ================================================================================================================================== FY 99 FY 00 FY01 ------------ ------------------------------------------------------ ------------------- Total Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Total Year Qtr 1 Qtr 2 ----------- ------------------------------------------------------ ------------------- Revenue $ 270,793 $ 71,159 $ 71,211 $ 71,703 $ 75,207 $ 289,280 $ 80,245 $ 83,433 Operating expenses: Cost of service 156,876 40,258 41,229 40,257 43,427 165,171 46,421 49,163 Sales, general and administrative 61,158 15,542 15,838 18,360 18,993 68,733 19,956 19,299 ----------- ------------------------------------------------------ ------------------- 218,034 55,800 57,067 58,617 62,420 233,904 66,377 68,462 ----------- ------------------------------------------------------ ------------------- Operating income 52,759 15,359 14,144 13,086 12,787 55,376 13,868 14,971 EBITDA 79,801 22,809 21,425 19,461 20,876 84,571 21,857 23,609 Other expense (6,383) (1,772) (1,679) (1,639) (1,490) (6,580) (1,942) (1,781) ----------- ------------------------------------------------------ ------------------- Income before income taxes 46,376 13,587 12,465 11,447 11,297 48,796 11,926 13,190 Income taxes 17,855 5,231 4,799 4,407 4,349 18,786 4,592 5,078 ----------- ------------------------------------------------------ ------------------- Net income $ 28,521 $ 8,356 $ 7,666 $ 7,040 $ 6,948 $ 30,010 $ 7,334 $ 8,112 =========== ====================================================== =================== Basic shares 33,725 33,876 33,376 32,920 32,755 33,232 32,778 32,889 =========== =========================================================================== Basic earnings per share $ 0.85 $ 0.25 $ 0.23 $ 0.21 $ 0.21 $ 0.90 $ 0.22 $ 0.25 =========== ===========================================================================
Note: These statements have been adjusted to reflect an estimated normalized stand alone NDC Health. For more explanation of the assumptions used to prepare these statements, please refer to the Form 8K text.