Exhibit 99.1(b) 3
YEAR TO DATE NORMALIZED RESULTS
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
NATIONAL DATA CORPORATION AND SUBSIDIARIES
(In thousands, except per share data)
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Nine Months Ended February 28/29,
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2001 2000
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Revenues:
Information management $105,188 $101,777
Network services and systems 146,722 112,296
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251,910 214,073
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Operating expenses:
Cost of service 125,701 104,506
Sales, general and administrative 56,882 45,872
Depreciation and amortization 25,313 21,106
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207,896 171,484
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Operating income 44,014 42,589
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Other income (expense):
Interest and other income 131 (65)
Interest and other expense (5,690) (5,025)
Minority interest in earnings 724 -
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(4,835) (5,090)
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Income before income taxes 39,179 37,499
Provision for income taxes 15,084 14,437
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Net income $ 24,095 $ 23,062
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Basic earnings per share $ 0.73 $ 0.69
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Diluted earnings per share $ 0.71 $ 0.67
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Basic shares 32,879 33,392
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Diluted shares 33,936 34,402
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Press Release Attachment Page 3