Exhibit 99.1 (b) 2

GAAP

CONSOLIDATED STATEMENTS OF INCOME

NDCHealth Corporation and Subsidiaries

(In thousands, except per share data)

	Year Ended
	May 31, 2002			May 31, 2001
Revenues:
Information management	$	150,399		$	136,616
Network services and systems		198,622			176,015
Divested businesses		4,360			24,421
		353,381			337,052
Operating expenses:
Cost of service		174,944			168,691
Sales, general and administrative		76,961			77,640
Depreciation and amortization		24,374			34,745
Restructuring and impairment charges		—			2,156
		276,279			283,232
Operating income		77,102			53,820
Other income (expense):
Interest and other income		1,779			755
Interest and other expense		(9,693	)		(8,038	)
Valuation adjustment in Medscape investment		—			(6,953	)
Minority interest in losses		1,863			1,137
		(6,051	)		(13,099	)
Income before income taxes, equity in losses of affiliated companies, and discontinued operations:
Information management		25,315			18,225
Network services and systems		46,306			31,068
Other		(570	)		(8,572	)
		71,051			40,721
Provision for income taxes		25,577			15,753
Income before equity in losses of affiliated companies and discontinued operations:		45,474			24,968
Equity in losses of affiliated companies, net of income taxes		(2,064	)		(751	)
Income before discontinued operations		43,410			24,217
Discontinued operations, net of income taxes		—			8,323
Net income	$	43,410		$	32,540
Basic earnings per share:
Income before discontinued operations	$	1.27		$	0.73
Discontinued operations	$	—		$	0.25
Basic earnings per share	$	1.27		$	0.99
Shares		34,087			33,009
Diluted earnings per share:
Income before discontinued operations	$	1.22		$	0.71
Discontinued operations	$	—		$	0.24
Diluted earnings per share	$	1.22		$	0.95
Shares		39,636			34,153