Exhibit 99 (i)
Consolidated Statement of Operations (Unaudited)
NDCHealth (GAAP)
(in thousands)
FY000 | FY01 | FY02 | ||||||||||||||||||||||||||||||||||||||||||
YTD | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | YTD | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | YTD | ||||||||||||||||||||||||||||||||||
Revenues: | ||||||||||||||||||||||||||||||||||||||||||||
Information Management | $ | 131,229 | $ | 31,109 | $ | 33,412 | $ | 34,905 | $ | 37,190 | $ | 136,616 | $ | 34,186 | $ | 37,097 | $ | 38,943 | $ | 40,173 | $ | 150,399 | ||||||||||||||||||||||
Network Services and Systems | 139,626 | 41,972 | 42,098 | 45,018 | 46,927 | 176,015 | 46,014 | 48,059 | 50,218 | 54,331 | 198,622 | |||||||||||||||||||||||||||||||||
Divested Businesses | 74,818 | 10,345 | 5,023 | 4,731 | 4,322 | 24,421 | 3,956 | 297 | 107 | — | 4,360 | |||||||||||||||||||||||||||||||||
345,673 | 83,426 | 80,533 | 84,654 | 88,439 | 337,052 | 84,156 | 85,453 | 89,268 | 94,504 | 353,381 | ||||||||||||||||||||||||||||||||||
Operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||
Cost of service | 181,001 | 41,808 | 39,904 | 43,515 | 43,464 | 168,691 | 39,094 | 43,852 | 44,410 | 47,588 | 174,944 | |||||||||||||||||||||||||||||||||
Sales, general and administrative | 86,062 | 20,134 | 18,385 | 18,653 | 20,468 | 77,640 | 20,986 | 17,262 | 19,344 | 19,369 | 76,961 | |||||||||||||||||||||||||||||||||
Depreciation and amortization | 31,834 | 8,213 | 8,683 | 8,686 | 9,163 | 34,745 | 6,581 | 5,897 | 5,948 | 5,948 | 24,374 | |||||||||||||||||||||||||||||||||
Non-recurring charges | 34,393 | — | 2,156 | — | — | 2,156 | — | — | — | — | — | |||||||||||||||||||||||||||||||||
333,290 | 70,155 | 69,128 | 70,854 | 73,095 | 283,232 | 66,661 | 67,011 | 69,702 | 72,905 | 276,279 | ||||||||||||||||||||||||||||||||||
Operating income | 12,383 | 13,271 | 11,405 | 13,800 | 15,344 | 53,820 | 17,495 | 18,442 | 19,566 | 21,599 | 77,102 | |||||||||||||||||||||||||||||||||
Other income/(expense) | (11,721 | ) | (1,942 | ) | (1,781 | ) | (1,112 | ) | (8,264 | ) | (13,099 | ) | (1,643 | ) | (1,234 | ) | (1,459 | ) | (42,715 | ) | (47,051 | ) | ||||||||||||||||||||||
IBITELDO—Information Management | 17,728 | 3,434 | 4,624 | 5,122 | 5,045 | 18,225 | 4,527 | 6,132 | 6,903 | 7,753 | 25,315 | |||||||||||||||||||||||||||||||||
IBITELDO—Network Services and Systems | 24,832 | 7,428 | 7,121 | 7,345 | 9,174 | 31,068 | 11,390 | 11,394 | 21,391 | 12,131 | 46,306 | |||||||||||||||||||||||||||||||||
IBITELDO—Other | (41,898 | ) | 467 | (2,121 | ) | 221 | (7,139 | ) | (8,572 | ) | (65 | ) | (318 | ) | (187 | ) | (41,000 | ) | (41,570 | ) | ||||||||||||||||||||||||
Income before income taxes, equity in losses of affiliated companies and discontinued operations—NDC Health | 662 | 11,329 | 9,624 | 12,688 | 7,080 | 40,721 | 15,852 | 17,208 | 18,107 | (21,116 | ) | 30,051 | ||||||||||||||||||||||||||||||||
Income Taxes | 1,825 | 4,362 | 3,781 | 4,885 | 2,725 | 15,753 | 5,707 | 6,195 | 6,518 | (5,543 | ) | 12,877 | ||||||||||||||||||||||||||||||||
Income before equity in losses of affiliated companies and discontinued operations | (1,163 | ) | 6,967 | 5,843 | 7,803 | 4,355 | 24,968 | 10,145 | 11,013 | 11,589 | (15,573 | ) | 17,174 | |||||||||||||||||||||||||||||||
Equity in losses of affiliated companies, net of taxes | — | (66 | ) | (139 | ) | (247 | ) | (299 | ) | (751 | ) | (1,114 | ) | (292 | ) | (344 | ) | (314 | ) | (2,064 | ) | |||||||||||||||||||||||
Income before discontinued operations | (1,163 | ) | 6,901 | 5,704 | 7,556 | 4,056 | 24,217 | 9,031 | 10,721 | 11,245 | (15,887 | ) | 15,110 | |||||||||||||||||||||||||||||||
Discontinued Operations, net of income taxes | (39,002 | ) | 8,649 | (326 | ) | — | — | 8,323 | — | — | — | — | — | |||||||||||||||||||||||||||||||
Net Income | $ | (40,165 | ) | $ | 15,560 | $ | 5,378 | $ | 7,556 | $ | 4,056 | $ | 32,540 | $ | 9,031 | $ | 10,721 | $ | 11,245 | $ | (15,887 | ) | $ | 15,110 | ||||||||||||||||||||
Basic Shares | 33,232 | 32,778 | 32,889 | 32,992 | 33,970 | 33,009 | 33,937 | 34,066 | 34,135 | 34,260 | 34,087 | |||||||||||||||||||||||||||||||||
Basic earnings per share | $ | (1.21 | ) | $ | 0.47 | $ | 0.16 | $ | 0.23 | $ | 0.12 | $ | 0.99 | $ | 0.27 | $ | 0.31 | $ | 0.33 | $ | (0.46 | ) | $ | 0.44 | ||||||||||||||||||||
Diluted Shares | 33,232 | 36,193 | 34,057 | 34,348 | 35,368 | 34,153 | 35,530 | 39,822 | 39,721 | 34,260 | 35,496 | |||||||||||||||||||||||||||||||||
Diluted earnings per share | $ | (1.21 | ) | $ | 0.46 | $ | 0.16 | $ | 0.22 | $ | 0.11 | $ | 0.95 | $ | 0.25 | $ | 0.30 | $ | 0.31 | $ | (0.46 | ) | $ | 0.43 | ||||||||||||||||||||