AMENDED FINANCIAL HIGHLIGHTS TO THE 1998 A/R
Published on October 7, 1999
EXHIBIT 13.2
FINANCIAL HIGHLIGHTS
(1)Subsequent to the issuance of the Company's Annual Report on Form 10-K for
the year ended December 31, 1998, and after discussions with the Securities and
Exchange Commission, which concluded in September 1999, the Company revised its
accounting treatment for future losses on long-term contracts and relationships
and its calculation of impairment charges on long-lived assets related to the
Company's Deluxe Government Services segment. As a result, the Company has
restated its financial information for the year ended December 31, 1998. See
Note 16 in the Notes to Consolidated Financial Statements contained in the
Company's Amendment No. 1 to the Annual Report on Form 10-K for the year ended
December 31, 1998.
(2)Net income includes reorganization and other special charges in both 1998 and
1997. See page 2 of Management's Discussion and Analysis included in the
Company's Amendment No. 1 to the Annual Report on Form 10-K for the year ended
December 31, 1998.
NET SALES CASH FROM OPERATIONS
(Dollars in billions) (Dollars in millions)
[BAR CHART] [BAR CHART]
94 1.83 94 193.8
95 1.94 95 209.3
96 1.98 96 290.7
97 1.92 97 295.8
98 1.93 98 294.8
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NET INCOME PER SHARE - BASIC NET INCOME
(Dollars) (Dollars in millions)
[BAR CHART] [BAR CHART]
94 1.71 94 140.9
95 1.06 95 87.0
96 .80 96 65.5
97 .55 97 44.7
98 1.77 98 143.1
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