Ndchealth (NDC) 8-K Ndchealth Announces Refinancing Plan

EXHIBIT 99.3

CONSOLIDATING FINANCIAL DATA OF SUBSIDIARY GUARANTORS

Under the proposed terms of our senior subordinated notes, our material subsidiaries propose to fully and unconditionally guarantee the notes on a joint and several basis. As of the date hereof, these subsidiaries would include NDC Health Information Services (Arizona) Inc., The Computer Place, Inc., NDCHealth Intellectual Property Corp., HISIP Corp., NDCIP, Inc., NDCHealth Licensing, Inc. and TechRx Incorporated. NDC Health Information Services (Arizona) Inc., The Computer Place, Inc., NDCHealth Intellectual Property Corp., HISIP Corp., NDCIP, Inc. and NDCHealth Licensing, Inc. are wholly owned subsidiaries of our company. We currently own 63% of the outstanding capital stock of TechRx Incorporated and, if certain conditions are met, we will acquire the remaining 37% during fourth quarter of fiscal 2003.

Presented below is our consolidating financial data, including the combined financial data for our subsidiary guarantors and our subsidiary non-guarantors.

Statement of Operations for the		NDCHealth			Subsidiary			Subsidiary
Year Ended May 31, 2002 (in thousands)		Corporation			Guarantors			Non-Guarantors			Consolidated
Revenues		$	162,083		$	165,595		$	25,703		$	353,381
	Cost of service		56,741			99,400			18,803			174,944
	Other operating expenses		35,941			55,485			9,909			101,335
Operating income (loss)			69,401			10,710			(3,009	)		77,102
Other income (expense)			(47,409	)		(76	)		434			(47,051	)
Income (loss) before income taxes and equity in losses of affiliated companies			21,992			10,634			(2,575	)		30,051
Provision for income taxes			9,741			4,027			(891	)		12,877
Income (loss) before equity in losses of affiliated companies			12,251			6,607			(1,684	)		17,174
Equity in losses of affiliated companies			(1,514	)		—			(550	)		(2,064	)
	Net income (loss)	$	10,737		$	6,607		$	(2,234	)	$	15,110

Statement of Operations for the		NDCHealth			Subsidiary			Subsidiary
Year Ended May 31, 2001 (in thousands)		Corporation			Guarantors			Non-Guarantors			Consolidated
Revenues		$	156,693		$	155,562		$	24,797		$	337,052
	Cost of service		60,794			84,288			23,609			168,691
	Other operating expenses		60,433			49,007			5,101			114,541
Operating income (loss)			35,466			22,267			(3,913	)		53,820
Other income (expense)			(19,274	)		(2,428	)		8,603			(13,099	)
Income before income taxes and equity in losses of affiliated companies			16,192			19,839			4,690			40,721
Provision for income taxes			7,419			6,281			2,053			15,753
Income before equity in losses of affiliated companies			8,773			13,558			2,637			24,968
Equity in losses of affiliated companies			(751	)		—			—			(751	)
Income before discontinued operations			8,022			13,558			2,637			24,217
Discontinued operations, net of income taxes			—			—			8,323			8,323
	Net income	$	8,022		$	13,558		$	10,960		$	32,540

Statement of Cash Flows for the	NDCHealth			Subsidiary			Subsidiary
Year Ended May 31, 2002 (in thousands)	Corporation			Guarantors			Non-Guarantors			Consolidated
Cash flows from operating activities:
Net income (loss)	$	10,737		$	6,607		$	(2,234	)	$	15,110
Adjustments to reconcile net income (loss) to cash provided by operating activities:		61,320			12,514			(13,128	)		60,706
Changes in assets and liabilities which provided (used) cash, net of the effects of acquisitions:		(9,556	)		(4,523	)		915			(13,164	)
Net cash provided (used) by operating activities		62,501			14,598			(14,447	)		62,652
Cash flows from investing activities:		(159,306	)		(5,615	)		—			(164,921	)
Cash flows from financing activities:		90,510			(1,668	)		—			88,842
Cash flows from discontinued operations:		—			—			14,454			14,454
Increase (decrease) in cash and cash equivalents		(6,295	)		7,315			7			1,027
Cash and cash equivalents, beginning of period		10,695			72			1,653			12,420
Cash and cash equivalents, end of period	$	4,400		$	7,387		$	1,660		$	13,447
Statement of Cash Flows for the	NDCHealth			Subsidiary			Subsidiary
Year Ended May 31, 2001 (in thousands)	Corporation			Guarantors			Non-Guarantors			Consolidated
Cash flows from operating activities:
Net income	$	8,022		$	13,558		$	10,960		$	32,540
Adjustments to reconcile net income to cash provided by operating activities:		29,223			20,302			(2,116	)		47,409
Changes in assets and liabilities which provided (used) cash, net of the effects of acquisitions:		(4,449	)		(15,753	)		3,303			(16,899	)
Net cash provided by operating activities		32,796			18,107			12,147			63,050
Cash flows from investing activities:		(31,727	)		(12,990	)		(5,211	)		(49,928	)
Cash flows from financing activities:		(69,051	)		(5,665	)		—			(74,716	)
Cash flows from discontinued operations:		77,600			—			(5,375	)		72,225
Increase (decrease) in cash and cash equivalents		9,618			(548	)		1,561			10,631
Cash and cash equivalents, beginning of period		1,077			620			92			1,789
Cash and cash equivalents, end of period	$	10,695		$	72		$	1,653		$	12,420

Balance Sheet as of			NDCHealth		Subsidiary		Subsidiary
May 31, 2002 (in thousands)			Corporation		Guarantors		Non-Guarantors			Eliminations			Consolidated
Assets
Current assets:
	Cash and cash equivalents		$	4,400	$	7,387	$	1,660		$	—		$	13,447
	Accounts receivable			30,224		36,906		5,180			(1,859	)		70,451
	Income taxes			13,828		272		6,812			1,304			22,216
	Prepaid expenses and other current assets			20,516		11,464		2,857			(11,579	)		23,258
		Total current assets		68,968		56,029		16,509			(12,134	)		129,372
Property and equipment, net				47,806		50,600		3,057			103			101,566
Intangible assets, net				154,099		124,871		44,608			53,744			377,322
Investments				358,826		—		37,559			(382,888	)		13,497
Inter-company				148,050		—		(28,063	)		(119,987	)		—
Other				33,487		3,500		18,904			(19,464	)		36,427
		Total Assets	$	811,236	$	235,000	$	92,574		$	(480,626	)	$	658,184
Liabilities and Stockholders’ Equity
Current liabilities:
	Line of credit		$	91,000	$	—	$	—		$	—		$	91,000
	Short-term borrowings			—		11,906		—			—			11,906
	Current portion of long-term debt			997		1,630		—			(368	)		2,259
	Accounts payable and accrued liabilities			40,318		30,211		13,624			(8,106	)		76,047
	Deferred income			5,453		14,800		836			—			21,089
		Total current liabilities		137,768		58,547		14,460			(8,474	)		202,301
Long-term liabilities				194,476		119,681		10,073			(147,949	)		176,281
		Total liabilities		332,244		178,228		24,533			(156,423	)		378,582
Minority interest in equity of subsidiaries				—		—		10,630			11,226			21,856
Stockholders’ equity				478,992		56,772		57,411			(335,429	)		257,746
Total Liabilities and Stockholders’ Equity			$	811,236	$	235,000	$	92,574		$	(480,626	)	$	658,184

Balance Sheet as of			NDCHealth		Subsidiary		Subsidiary
May 31, 2001 (in thousands)			Corporation		Guarantors		Non-Guarantors			Eliminations			Consolidated
Assets
Current assets:
	Cash and cash equivalents		$	10,695	$	72	$	1,653		$	—		$	12,420
	Accounts receivable			37,552		23,632		2,836			—			64,020
	Income taxes			14,795		—		17,009			—			31,804
	Prepaid expenses and other current assets			8,321		7,186		3,281			—			18,788
		Total current assets		71,363		30,890		24,779			—			127,032
Property and equipment, net				45,029		34,017		3,910			—			82,956
Intangible assets, net				108,447		81,644		31,666			—			221,757
Investments				290,099		—		45,388			(305,689	)		29,798
Inter-company				135,654		—		(16,546	)		(119,108	)		—
Other				16,030		4,056		2,732			—			22,818
		Total Assets	$	666,622	$	150,607	$	91,929		$	(424,797	)	$	484,361
Liabilities and Stockholders’ Equity
Current liabilities:
	Current portion of long-term debt		$	844	$	1,901	$	11		$	—		$	2,756
	Accounts payable and accrued liabilities			31,828		8,559		12,841			—			53,228
	Deferred income			6,407		1,523		5,694			—			13,624
		Total current liabilities		39,079		11,983		18,546			—			69,608
Long-term liabilities				174,629		111,246		8,952			(119,108	)		175,719
		Total liabilities		213,708		123,229		27,498			(119,108	)		245,327
Minority interest in equity of subsidiaries				—		—		12,418			—			12,418
Stockholders’ equity				452,914		27,378		52,013			(305,689	)		226,616
Total Liabilities and Stockholders’ Equity			$	666,622	$	150,607	$	91,929		$	(424,797	)	$	484,361

Statement of Operations for the		NDCHealth			Subsidiary			Subsidiary
Three Months Ended August 30, 2002 (in thousands)		Corporation			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenues		$	43,184		$	52,751		$	7,599		$	(3,452	)	$	100,082
	Cost of service		14,927			31,428			5,883			(437	)		51,801
	Other operating expenses		8,210			18,600			3,100			(2,148	)		27,762
Operating income (loss)			20,047			2,723			(1,384	)		(867	)		20,519
Other income (expense)			(2,956	)		(345	)		415			302			(2,584	)
Income (loss) before income taxes and equity in losses of affiliated companies			17,091			2,378			(969	)		(565	)		17,935
Provision for income taxes			6,153			842			(334	)		(203	)		6,458
Income (loss) before equity in losses of affiliated companies			10,938			1,536			(635	)		(362	)		11,477
Equity in losses of affiliated companies			(312	)		—			—			—			(312	)
	Net income (loss)	$	10,626		$	1,536		$	(635	)	$	(362	)	$	11,165

Statement of Operations for the		NDCHealth			Subsidiary			Subsidiary
Three Months Ended August 31, 2001 (in thousands)		Corporation			Guarantors			Non-Guarantors			Consolidated
Revenues		$	38,722		$	39,372		$	6,062		$	84,156
	Cost of service		13,760			21,148			4,186			39,094
	Other operating expenses		10,206			14,655			2,706			27,567
Operating income (loss)			14,756			3,569			(830	)		17,495
Other income (expense)			(1,873	)		(22	)		252			(1,643	)
Income (loss) before income taxes and equity in losses of affiliated companies			12,883			3,547			(578	)		15,852
Provision for income taxes			4,638			1,353			(284	)		5,707
Income(loss) before equity in losses of affiliated companies			8,245			2,194			(294	)		10,145
Equity in losses of affiliated companies			(1,114	)		—			—			(1,114	)
	Net income (loss)	$	7,131		$	2,194		$	(294	)	$	9,031

Statement of Cash Flows for the	NDCHealth			Subsidiary			Subsidiary
Three Months Ended August 30, 2002 (in thousands)	Corporation			Guarantors			Non-Guarantors			Eliminations			Consolidated
Cash flows from operating activities:
Net income (loss)	$	10,626		$	1,536		$	(635	)	$	(362	)	$	11,165
Adjustments to reconcile net income (loss) to cash provided by operating activities:		12,970			5,193			(7,942	)		(101	)		10,120
Changes in assets and liabilities which provided (used) cash, net of the effects of acquisitions:		(14,579	)		(6,745	)		5,589			463			(15,272	)
Net cash provided by operating activities		9,017			(16	)		(2,988	)		—			6,013
Cash flows from investing activities:		(9,934	)		(6,020	)		(2,021	)		—			(17,975	)
Cash flows from financing activities:		(823	)		(223	)		(214	)		—			(1,260	)
Cash flows from discontinued operations:		—			—			5,053			—			5,053
Increase (decrease) in cash and cash equivalents		(1,740	)		(6,259	)		(170	)		—			(8,169	)
Cash and cash equivalents, beginning of period		4,400			7,387			1,660			—			13,447
Cash and cash equivalents, end of period	$	2,660		$	1,128		$	1,490		$	—		$	5,278

Statement of Cash Flows for the	NDCHealth			Subsidiary			Subsidiary
Three Months Ended August 31, 2001 (in thousands)	Corporation			Guarantors			Non-Guarantors			Consolidated
Cash flows from operating activities:
Net income (loss)	$	7,131		$	2,194		$	(294	)	$	9,031
Adjustments to reconcile net income (loss) to cash provided by operating activities:		7,152			3,351			(2,182	)		8,321
Changes in assets and liabilities which provided (used) cash, net of the effects of acquisitions:		(12,450	)		(2,910	)		9,076			(6,284	)
Net cash provided by operating activities		1,833			2,635			6,600			11,068
Cash flows from investing activities:		(2,666	)		(843	)		(827	)		(4,336	)
Cash flows from financing activities:		266			(1,349	)		(44	)		(1,127	)
Cash flows from discontinued operations:		—			—			1,207			1,207
Increase (decrease) in cash and cash equivalents		(567	)		443			6,936			6,812
Cash and cash equivalents, beginning of period		10,695			72			1,653			12,420
Cash and cash equivalents, end of period	$	10,128		$	515		$	8,589		$	19,232

Balance Sheet as of			NDCHealth		Subsidiary		Subsidiary
August 30, 2002 (in thousands)			Corporation		Guarantors		Non-Guarantors		Eliminations			Consolidated
Assets
Current assets:
	Cash and cash equivalents		$	2,660	$	1,128	$	1,490	$	—		$	5,278
	Accounts receivable			33,659		41,523		4,509		(4,923	)		74,768
	Income taxes			8,811		321		5,420		1,587			16,139
	Prepaid expenses and other current assets			22,691		9,688		2,787		(9,443	)		25,723
		Total current assets		67,821		52,660		14,206		(12,779	)		121,908
Property and equipment, net				50,188		54,047		4,578		—			108,813
Intangible assets, net				153,373		122,789		47,190		57,152			380,504
Investments				390,521		—		7,739		(384,458	)		13,802
Intercompany receivables				123,588		—		—		(123,588	)		—
Other				29,816		3,568		21,286		(19,975	)		34,695
		Total Assets	$	815,307	$	233,064	$	94,999	$	(483,648	)	$	659,722
Liabilities and Stockholders’ Equity
Current liabilities:
	Line of credit		$	91,000	$	—	$	—	$	—		$	91,000
	Short-term borrowings			—		11,375		—		—			11,375
	Current portion of long-term debt			5,827		1,836		3		(440	)		7,226
	Accounts payable and accrued liabilities			34,376		25,491		11,820		(8,109	)		63,578
	Deferred income			5,574		15,319		983		—			21,876
		Total current liabilities		136,777		54,021		12,806		(8,549	)		195,055
Long-term liabilities				189,233		120,264		13,255		(150,251	)		172,501
		Total liabilities		326,010		174,285		26,061		(158,800	)		367,556
Minority interest in equity of subsidiaries				—		121		10,131		11,339			21,591
Stockholders’ equity				489,297		58,658		58,807		(336,187	)		270,575
Total Liabilities and Stockholders’ Equity			$	815,307	$	233,064	$	94,999	$	(483,648	)	$	659,722