Express Scripts 2014 Annual Report Download - page 99

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97
Express Scripts 2014 Annual Report
Condensed Consolidating Statement of Operations
(in millions)
Express
Scripts
Holding
Company
Express
Scripts, Inc.
Medco
Health
Solutions,
Inc. Guarantors
Non-
Guarantors Eliminations Consolidated
For the year ended December 31, 2012
Revenues $—$29,763.1 $43,085.7 $22,007.8 $1,329.8 $(2,472.1) $ 93,714.3
Operatingexpenses — 28,591.8 43,090.3 20,573.7 1,136.7 (2,472.1)90,920.4
Operatingincome(loss) — 1,171.3 (4.6)1,434.1 193.1 — 2,793.9
Other(expense)income,net (373.7)(180.1)(49.4)(2.2)11.9 — (593.5)
Income(loss)beforeincometaxes (373.7)991.2 (54.0)1,431.9 205.0 — 2,200.4
Provision(benefit)forincometaxes (142.1)449.6 (20.4)550.8 0.1 — 838.0
Netincome(loss)fromcontinuing
operations (231.6)541.6 (33.6)881.1 204.9 — 1,362.4
Netlossfromdiscontinued
operations,netoftax — — — — (32.3)— (32.3)
Equityinearningsofsubsidiaries 1,544.5 740.0 296.5 — — (2,581.0)—
Netincome $1,312.9 $1,281.6 $262.9 $881.1 $172.6 $(2,581.0) $ 1,330.1
Less:Netincomeattributabletonon-
controllinginterest — — — — 17.2 — 17.2
NetincomeattributabletoExpress
Scripts 1,312.9 1,281.6 262.9 881.1 155.4 (2,581.0)1,312.9
Othercomprehensiveincome 1.9 1.9 — — 1.9 (3.8)1.9
Comprehensiveincomeattributable
toExpressScripts $1,314.8 $1,283.5 $262.9 $881.1 $157.3 $(2,584.8) $ 1,314.8
93