Exhibit 99 (iii)
Consolidated Statement of Operations (Unaudited)
NDCHealth (Normalized)
(in thousands)
FY00 | 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 | |||||||||||||||||||||||||||||||||
270,855 | 73,081 | 75,510 | 79,923 | 84,117 | 312,631 | 80,200 | 85,156 | 89,161 | 94,504 | 349,021 | ||||||||||||||||||||||||||||||||||
Operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||
Cost of service | 132,867 | 34,533 | 37,314 | 41,145 | 41,504 | 154,496 | 36,971 | 43,643 | 44,501 | 47,588 | 172,703 | |||||||||||||||||||||||||||||||||
Sales, general and administrative | 56,348 | 18,407 | 16,759 | 17,252 | 18,663 | 71,081 | 19,511 | 16,856 | 18,960 | 19,369 | 74,696 | |||||||||||||||||||||||||||||||||
Depreciation and amortization | 26,213 | 7,337 | 7,911 | 7,947 | 8,420 | 31,615 | 6,158 | 5,897 | 5,948 | 5,948 | 21,951 | |||||||||||||||||||||||||||||||||
215,428 | 60,277 | 61,984 | 66,344 | 68,587 | 257,192 | 62,640 | 66,396 | 69,409 | 72,905 | 271,950 | ||||||||||||||||||||||||||||||||||
Operating income | 55,427 | 12,804 | 13,526 | 13,579 | 15,530 | 55,439 | 17,560 | 18,760 | 19,752 | 21,599 | 77,671 | |||||||||||||||||||||||||||||||||
Other income/(expense) | (6,580 | ) | (1,942 | ) | (1,781 | ) | (1,112 | ) | (1,311 | ) | (6,146 | ) | (1,643 | ) | (1,234 | ) | (1,459 | ) | (1,715 | ) | (6,061 | ) | ||||||||||||||||||||||
IBITEL—Information Management | 21,978 | 3,434 | 4,624 | 5,122 | 5,045 | 18,225 | 4,527 | 6,132 | 6,902 | 7,753 | 25,314 | |||||||||||||||||||||||||||||||||
IBITEL—Network Services and Systems | 26,869 | 7,428 | 7,121 | 7,345 | 9,174 | 31,068 | 11,390 | 11,394 | 11,391 | 12,131 | 46,306 | |||||||||||||||||||||||||||||||||
Income before income taxes and equity in losses of affiliated companies—NDCHealth | 48,847 | 10,862 | 11,745 | 12,467 | 14,219 | 49,293 | 15,917 | 17,526 | 18,293 | 19,884 | 71,620 | |||||||||||||||||||||||||||||||||
Income Taxes | 18,806 | 4,182 | 4,522 | 4,800 | 5,474 | 18,978 | 5,730 | 6,309 | 6,585 | 7,157 | 25,781 | |||||||||||||||||||||||||||||||||
Income before equity in losses of affiliated companies | 30,041 | 6,680 | 7,223 | 7,667 | 8,745 | 30,315 | 10,187 | 11,217 | 11,708 | 12,727 | 45,839 | |||||||||||||||||||||||||||||||||
Equity in losses of affiliated companies, net of taxes | — | (66 | ) | (139 | ) | (247 | ) | (299 | ) | (751 | ) | (1,114 | ) | (292 | ) | (344 | ) | (314 | ) | (2,064 | ) | |||||||||||||||||||||||
Net Income | $ | 30,041 | $ | 6,614 | $ | 7,084 | $ | 7,420 | $ | 8,446 | $ | 29,564 | $ | 9,073 | $ | 10,925 | $ | 11,364 | $ | 12,413 | $ | 43,775 | ||||||||||||||||||||||
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 | $ | 0.90 | $ | 0.20 | $ | 0.22 | $ | 0.22 | $ | 0.25 | $ | 0.90 | $ | 0.27 | $ | 0.32 | $ | 0.33 | $ | 0.36 | $ | 1.28 | ||||||||||||||||||||||
Diluted Shares | 34,448 | 33,441 | 34,057 | 34,348 | 35,368 | 34,153 | 35,530 | 39,822 | 39,721 | 39,331 | 39,636 | |||||||||||||||||||||||||||||||||
Diluted earnings per share | $ | 0.87 | $ | 0.20 | $ | 0.21 | $ | 0.22 | $ | 0.24 | $ | 0.87 | $ | 0.26 | $ | 0.31 | $ | 0.32 | $ | 0.35 | $ | 1.23 | ||||||||||||||||||||||