Ndchealth (NDC) 8-K Financial statements and exhibits

Exhibit 99.1 (b) 2

Consolidated Statement of Income (Unaudited)

NDCHealth (GAAP)

(in thousands)

	FY01															FY02
	Qtr 1			Qtr 2			Qtr 3			Qtr 4			YTD			Qtr 1			Qtr 2				Qtr 3			YTD
Revenues:
Information Management	$	31,298		$	33,917		$	35,342		$	37,534		$	138,091		$	34,513		$	37,394			$	39,050		$	110,957
Network Services and Systems		48,031			48,141			51,515			53,134			200,821			52,384			53,168				56,557			162,109
Other		5,629			233			—			—			5,862			—			—				—			—
		84,958			82,291			86,857			90,668			344,774			86,897			90,562				95,607			273,066
Operating expenses:
Cost of service		43,340			41,662			45,718			45,693			176,413			41,835			45,057		��		47,119			134,011
Sales, general and administrative		20,134			18,385			18,653			20,468			77,640			20,986			21,166				22,974			65,126
Depreciation and amortization		8,213			8,683			8,686			9,163			34,745			6,581			5,897				5,948			18,426
Non-recurring charges		—			2,156			—			—			2,156			—			—				—			—
		71,687			70,886			73,057			75,324			290,954			69,402			72,120				76,041			217,563
Operating income		13,271			11,405			13,800			15,344			53,820			17,495			18,442				19,566			55,503
Other income/(expense)		(1,942	)		(1,781	)		(1,112	)		(8,264	)		(13,099	)		(1,643	)		(1,234	)			(1,459	)		(4,336	)
IBITELDO—Information Management		3,456			4,646			5,072			4,931			18,105			4,118			5,814				6,830			16,762
IBITELDO—Network Services and Systems		7,554			7,169			7,616			9,102			31,441			11,734			11,394				11,277			34,405
IBITELDO—Other		319			(2,191	)		—			(6,953	)		(8,825	)		—			—				—			—
Income before income taxes, equity in losses of affiliated companies and discontinued operations—NDCHealth		11,329			9,624			12,688			7,080			40,721			15,852			17,208				18,107			51,167
Income Taxes		4,362			3,781			4,885			2,726			15,753			5,707			6,195				6,518			18,420
Income before equity in losses of affiliated companies and discontinued operations		6,967			5,843			7,803			4,354			24,968			10,145			11,013				11,589			32,747
Equity in losses of affiliated companies, net of taxes		(66	)		(139	)		(247	)		(299	)		(751	)		(1,114	)		(292	)			(344	)		(1,750	)
Income before discontinued operations		6,901			5,704			7,556			4,055			24,217			9,031			10,721				11,245			30,997
Discontinued Operations, net of income taxes		8,649			(326	)		—			—			8,323			—			—				—			—
Net Income	$	15,550		$	5,378		$	7,556		$	4,055		$	32,540		$	9,031		$	10,721			$	11,245		$	30,997
Basic Shares		32,778			32,889			32,992			33,970			33,009			33,937			34,066				34,135			34,045
Basic earnings per share	$	0.47		$	0.16		$	0.23		$	0.12		$	0.99		$	0.27		$	0.31			$	0.33		$	0.91
Diluted Shares		36,193			34,057			34,348			35,368			34,153			35,530			39,822				39,721			35,595
Diluted earnings per share	$	0.46		$	0.16		$	0.22		$	0.11		$	0.95		$	0.25		$	0.30			$	0.31		$	0.87