Exhibit 99.1(b) 8
Consolidated Statement of Income (Unaudited)
NATIONAL DATA CORPORATION
(in thousands)
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FY99 FY 00 FY01
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Total Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Total Year Qtr 1 Qtr 2 Qtr 3
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Revenues:
Information management $135,658 $32,410 $35,621 $33,746 $35,359 $137,136 $32,988 $35,005 $37,195
Network services and systems 135,135 38,749 35,590 37,957 39,848 152,144 47,257 48,428 51,037
Divested businesses 68,203 14,561 13,816 14,165 13,851 56,393 5,629 233 -
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338,996 85,720 85,027 85,868 89,058 345,673 85,874 83,666 88,232
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Operating expenses:
Cost of service 179,654 43,878 47,332 44,893 44,898 181,001 43,340 41,662 45,718
Sales, general and administrative 67,577 17,879 27,620 19,654 20,909 86,062 20,134 18,385 18,653
Depreciation and amortization 29,661 8,140 8,012 6,990 8,692 31,834 8,213 8,683 8,686
Non-recurring charges - - 34,393 - - 34,393 - 2,156 -
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276,892 69,897 117,357 71,537 74,499 333,290 71,687 70,886 73,057
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Operating income (loss) 62,104 15,823 (32,330) 14,331 14,559 12,383 14,187 12,780 15,175
EBITDA 91,765 23,963 10,075 21,321 23,251 78,610 22,400 23,619 23,861
Other income/(expense) (6,383) (173) 616 (1,639) (10,525) (11,721) (1,942) (1,781) (1,112)
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Income before income taxes 55,721 15,650 (31,714) 12,692 4,034 662 12,245 10,999 14,063
Income Taxes 21,858 6,017 (10,546) 4,882 1,472 1,825 4,714 4,310 5,414
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Net Income before Discontinued Operations 33,863 9,633 (21,168) 7,810 2,562 (1,163) 7,531 6,689 8,649
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Discontinued Operations 37,575 (4,696) 5,700 (6,616) (33,390) (39,002) 8,649 (326) -
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Net Income $ 71,438 $ 4,937 $(15,468) $ 1,194 $(30,828) $(40,165) $16,180 $6,363 $ 8,649
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Basic Shares 33,725 33,876 33,376 32,920 32,755 33,232 32,778 32,889 32,992
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Basic earnings per share $ 2.12 $ 0.15 $ (0.46) $ 0.04 $ (0.94) $ (1.21) $ 0.49 $ 0.19 $ 0.26
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Diluted Shares 37,823 35,265 33,376 33,810 32,755 33,232 36,193 34,057 34,348
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Diluted earnings per share $ 2.02 $ 0.14 $ (0.46) $ 0.04 $ (0.94) $ (1.21) $ 0.48 $ 0.19 $ 0.25
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