EXHIBIT 99.1(b)7
Consolidated Statement of Income (Unaudited)
NDCHealth (Normalized)
(in thousands)
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FY00 FY01 FY02
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Total Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 YTD Qtr 1
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Revenue - Information Management $131,229 $31,298 $33,917 $35,342 $37,534 $138,091 $34,513
Revenue - Network Services and Systems 158,051 48,947 49,516 52,890 54,509 205,862 53,843
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Revenue - NDCHealth 289,280 80,245 83,433 88,232 92,043 343,953 88,356
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Operating expenses:
Cost of service 141,298 38,462 41,521 45,718 45,693 171,394 41,835
Sales, general and administrative 63,411 19,926 18,303 18,653 20,468 77,350 20,986
Depreciation and amortization 29,195 7,989 8,638 8,686 9,163 34,476 6,581
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233,904 66,377 68,462 73,057 75,324 283,220 69,402
Operating income - NDCHealth 55,376 13,868 14,971 15,175 16,719 60,733 18,954
EBITDA 84,571 21,857 23,609 23,861 25,882 95,209 25,535
Other income/(expense) (6,580) (1,942) (1,781) (1,112) (1,311) (6,146) (1,643)
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IBIT - Information Management 21,978 3,456 4,646 5,072 4,931 18,105 4,118
IBIT - Network Services and Systems 26,818 8,470 8,544 8,991 10,477 36,482 13,193
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Income before income taxes - NDCHealth 48,796 11,926 13,190 14,063 15,408 54,587 17,311
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Income Taxes 18,786 4,592 5,078 5,414 5,932 21,016 6,232
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Net Income (Normalized) $ 30,010 $ 7,334 $ 8,112 $ 8,649 $ 9,476 $ 33,571 $11,079
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Basic Shares 33,232 32,778 32,889 32,992 33,970 33,009 33,937
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Basic earnings per share $ 0.90 $ 0.22 $ 0.25 $ 0.26 $ 0.28 $ 1.02 $ 0.33
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Diluted Shares 34,448 33,441 34,057 34,348 35,368 34,153 39,670
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Diluted earnings per share $ 0.87 $ 0.22 $ 0.24 $ 0.25 $ 0.27 $ 0.98 $ 0.31
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