INCOME STATEMENT FOR MAGELLAN HEALTH SVCS, INC

Dec 31, 2012

Dec 31, 2011

Dec 31, 2010

PROFIT
Total Revenue

3,207,397,000

2,799,400,000

2,969,240,000

Cost of Revenue

2,957,816,000

2,546,396,000

2,693,197,000

249,581,000

253,004,000

276,043,000

Gross Profit

OPERATING EXPENSES
Research Development

Selling General and

Administrative

Non Recurring

60,488,000

58,623,000

54,682,000

Total Operating Expenses

Operating Income or Loss

189,093,000

194,381,000

221,361,000

Others

INCOME FROM CONTINUING OPERATIONS

Total Other Income/Expenses
Net

2,019,000

2,781,000

3,275,000

Earnings Before Interest And

Taxes

191,112,000

197,162,000

224,636,000

2,247,000

2,502,000

2,233,000

188,865,000

194,660,000

222,403,000

Interest Expense
Income Before Tax

Income Tax Expense

Minority Interest
Net Income From Continuing
Ops

37,838,000

65,037,000

83,744,000

151,027,000

129,623,000

138,659,000

NON-RECURRING EVENTS
Discontinued Operations

Extraordinary Items

Effect Of Accounting Changes

Other Items

151,027,000

129,623,000

138,659,000

Preferred Stock And Other

Adjustments

Net Income Applicable To

Common Shares

151,027,000

129,623,000

138,659,000

NET INCOME
Net Income

BALANCE SHEET FOR MAGELLAN HEALTH SVCS, INC

Dec 31, 2012

Dec 31, 2011

Dec 31, 2010

ASSETS
Cash And Cash Equivalents

416,018,000

305,656,000

453,913,000

Short Term Investments

201,127,000

192,947,000

189,530,000

Net Receivables

169,951,000

156,744,000

135,373,000

Inventory

45,727,000

39,567,000

27,910,000

Other Current Assets

38,595,000

37,795,000

51,761,000

Total Current Assets

871,418,000

732,709,000

858,487,000

94,974,000

Property Plant and

Equipment

136,548,000

118,022,000

111,814,000

Goodwill

426,939,000

426,939,000

426,939,000

Intangible Assets

34,935,000

44,589,000

53,997,000

42,293,000

18,908,000

2,396,000

825,000

1,512,133,000

1,341,167,000

1,549,432,000

125,499,000

137,654,000

Long Term Investments

Accumulated Amortization
Other Assets
Deferred Long Term Asset
Charges
Total Assets

LIABILITIES
Accounts Payable

117,859,000

Short/Current Long Term

Debt

198,429,000

137,973,000

143,230,000

Other Current Liabilities

76,914,000

106,078,000

109,285,000

Total Current Liabilities

393,202,000

369,550,000

390,169,000

Long Term Debt

Other Liabilities

60,697,000

102,919,000

117,599,000

Deferred Long Term

Liability Charges

40,901,000

23,424,000

2,649,000

Minority Interest

Negative Goodwill

494,800,000

495,893,000

510,417,000

Total Liabilities

STOCKHOLDERS' EQUITY
Misc Stocks Options
Warrants

Redeemable Preferred Stock

Preferred Stock

Common Stock

459,000

453,000

437,000

Retained Earnings

975,232,000

824,205,000

694,582,000

Treasury Stock

-806,561,000

-783,269,000

-381,755,000

Capital Surplus

848,238,000

804,035,000

725,322,000

-35,000

-150,000

429,000

Other Stockholder Equity

Total Stockholder Equity

Net Tangible Assets

1,017,333,000

845,274,000

1,039,015,000

555,459,000

373,746,000

558,079,000