Exhibit 99.1 (b) 1

GAAP

CONSOLIDATED STATEMENTS OF INCOME

NDCHealth Corporation and Subsidiaries

(In thousands, except per share data)

	Three Months Ended
	May 31, 2002			May 31, 2001
Revenues:
Information management	$	40,173		$	37,190
Network services and systems		54,331			46,927
Divested businesses		—			4,322
		94,504			88,439
Operating expenses:
Cost of service		47,588			43,464
Sales, general and administrative		19,369			20,468
Depreciation and amortization		5,948			9,163
		72,905			73,095
Operating income		21,599			15,344
Other income (expense):
Interest and other income		639			624
Interest and other expense		(2,537	)		(2,348	)
Valuation adjustment in Medscape investment		—			(6,953	)
Minority interest in losses		183			413
		(1,715	)		(8,264	)
Income before income taxes and equity in losses of affiliated companies:
Information management		7,753			5,045
Network services and systems		12,131			9,174
Other		—			(7,139	)
		19,884			7,080
Provision for income taxes		7,157			2,725
Income before equity in losses of affiliated companies		12,727			4,355
Equity in losses of affiliated companies, net of income taxes		(314	)		(299	)
Net income	$	12,413		$	4,056
Basic earnings per share:	$	0.36		$	0.12
Shares		34,260			33,970
Diluted earnings per share:	$	0.35		$	0.11
Shares		39,331			35,368