Exhibit 99.1(b)4
GAAP
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
NDCHealth Corporation and Subsidiaries
(In thousands, except per share data)
- ---------------------------------------------------------------------------------------
Six Months Ended November 30,
-----------------------------
2001 2000
--------- --------
Revenues:
Information management $ 71,907 $ 65,215
Network services and systems 108,511 98,463
Divested businesses - 5,862
--------- --------
180,418 169,540
--------- --------
- ---------------------------------------------------------------------------------------
Operating expenses:
Cost of service 86,892 85,002
Sales, general and administrative 42,152 38,519
Depreciation and amortization 12,478 16,896
Restructuring and impairment charges - 2,156
--------- --------
141,522 142,573
--------- --------
Operating income 38,896 26,967
- ---------------------------------------------------------------------------------------
Other income (expense):
Interest and other income 695 30
Interest and other expense (4,645) (3,636)
Minority interest in loss (earnings) 1,073 (117)
--------- --------
(2,877) (3,723)
--------- --------
Income before income taxes and discontinued operations:
Information management 9,932 8,102
Network services and systems 26,087 17,014
Other - (1,872)
--------- --------
36,019 23,244
--------- --------
Provision for income taxes 12,967 9,024
- ---------------------------------------------------------------------------------------
Income before discontinued operations 23,052 14,220
Discontinued operations, net of income taxes - 8,323
- ---------------------------------------------------------------------------------------
Net income $ 23,052 $ 22,543
--------- --------
Basic earnings per share:
Income before discontinued operations $ 0.68 $ 0.43
--------- --------
Discontinued operations $ - $ 0.25
--------- --------
Basic earnings per share $ 0.68 $ 0.69
--------- --------
Shares 33,946 32,825
Diluted earnings per share:
Income before discontinued operations $ 0.64 $ 0.42
--------- --------
Discontinued operations $ - $ 0.25
--------- --------
Diluted earnings per share $ 0.64 $ 0.67
--------- --------
Shares 39,691 33,741