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AUTOMATIC DATA PROCESSING INC. Statement of Consolidated Earnings For Year Ended June 30, 2019, $ millions Total revenues Operating expenses Systems development and programming

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AUTOMATIC DATA PROCESSING INC. Statement of Consolidated Earnings For Year Ended June 30, 2019, $ millions Total revenues Operating expenses Systems development and programming costs Depreciation and amortization Total cost of revenues Selling, general, and administrative expenses Interest expense Total expenses Other income expense, net Earnings before income taxes Provision for income taxes Net earnings $14,175.2 7,145.9 636.3 304.4 8,086.6 3,064.2 129.9 1 1 ,280.7 111.1 3,005.6 712.8 $ 2,292.8 Forecast ADP's 2020 income statement assuming the following income statement relations. All percentages (other than total revenue growth and provision for income taxes) are based on historic percent of total revenues. Total revenues growth Depreciation and amortization $460.5 million Interest expense Other (income) expense, net Income tax rate No change No change Round your answers to one decimal place. Do not use negative signs with your answers. AUTOMATIC DATA PROCESSING INC. Forecasted Income Statement For Year Ended June 30, 2019, $ millions Total revenues Operating expenses Systems development and programming costs Depreciation and amortization Total cost of revenues Selling, general, and administrative expenses Interest expense Total expenses Other income expense, net Earnings before income taxes Provision for income taxes Net earnings June 2019 $14,175.2 7,145.9 636.3 304.4 8,086.6 3,064.2 129.9 1 1 ,280.7 111.1 3,005.6 712.8 $ 2,292.8 June 2020 16,018 8,074.9 719 460.5 9,254.4 3,462.5 129.9 12,846.8 111.1 3,282.2 820.6 2,461.7 x x x x x x x

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