Intuit Growth and Financial Forecast

Non-GAAP Reconciliation: FY99-FY08 INTUIT INC. TABLE 1 RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO MOST DIRECTLY COMPARABLE GAAP FINANCIAL MEASURES (In thousands, except per share amounts) (Unaudited) GAAP operating income (loss) from Fiscal 2008 Fiscal 2007 Fiscal 2006 Fiscal 2005 Fiscal 2004 Fiscal 2003 Fiscal 2002 Fiscal Fiscal Fiscal 2001 2000 1999 continuing operations $ Amortization of purchased intangible assets Acquisition-related charges 650,767 56,011 35,518 $ 637,570 30.926 19,964 $ 565,594 8,785 9,478 $ 528,701 9,135 $ 421,164 9,069 $ 343,317 10,241 $ 50,702 12,378 $ 12,686 19,576 28,853 181,289 (81,358) $ 14,949 247,806 12,414 7,003 150,208 $ 34,951 5,278 84,570 Charge for purchased research and development 1,070 2,151 Share-based compensation expense 113,237 76,313 70,340 5,489 6,232 2,714 2,534 238 2,531 1,312 1,266 Loss on impairment of long-lived asset 27,000 Non-GAAP operating income $ 855,533 $ 764,773 $ 654,197 S 556,011 $ 456,041 $ 386,195 $ 276,054 $ 184,166 $ 172,203 S 124,799 GAAP net income (loss) $ Amortization of purchased intangible assets Acquisition-related charges 476,762 56,011 35,518 $ 440,003 30,926 19,964 $ 416,963 8,785 9,478 $ 381,627 9,135 12,686 $ 317,030 9,069 19,576 $ 343,034 10,241 28,853 $ 140,160 12,378 181,289 $ (82,793) $ 305,661 14,949 7,003 247,806 S 386,564 5,278 150,208 84,570 Charge for purchased research and development 1,070 2,151 238 1,312 Share-based compensation expense 113,237 76,313 70,340 5.489 6,232 2,714 2.534 2,531 1,266 Loss on impairment of long-lived asset 27,000 Pre-tax (gain) loss on disposal of assets and businesses (51,571) (31,676) (2,364) (8,308) 15,315 (Gains) losses on marketable equity securities (1,417) (1,568) (7,629) (5,225) (1,729) (10,912) 15,535 98,053 (481,130) Income tax effects of non-GAAP adjustments (55,181) (34,512) (19,047) (7,730) (11,270) (10,549) Exclusion of discrete GAAP tax items and other (5,155) 5,537 (3,458) (13,298) (25,146) Discontinued operations (26,012) 3,465 (36,000) (3,884) 7,237 59 (80,233) (76,751) (6,335) (86,421) (128,823) 109,256 (579,211) 176,171 34,148 32,188 14,148 (27,549) 20,030 2,224 Cumulative effect of accounting change (14,314) Non-GAAP net income $ 542,192 $ 508,452 $ 437,068 $ 378,800 $ 320,999 $ 284,277 $ 203,232 $ 159,560 $ 145,794 $ 89,744 GAAP diluted net income (loss) per share S Non-GAAP diluted net income per share $ 1.41 1.60 $ 1.24 $ 1.43 $ $ 1.16 1.21 $ $ 1.01 S 1.01 S 0.79 0.80 $ $ 0.81 0.67 $ $ 0.32 0.47 $ $ (0.20) $ 0.72 S 0.97 0.37 $ 0.35 $ 0.22 Shares used in diluted per share amounts 339,268 355,815 360,471 376,796 400,162 421,910 435,794 430,710 422,542 399,632 See "About Non-GAAP Financial Measures" immediately preceding Table 1 for more information on these measures, the items excluded from the most directly comparable GAAP measures in arriving at non-GAAP financial measures, and the reasons management uses each measure and excludes the specified amounts in arriving at each non-GAAP financial measure. Intuit Proprietary & Confidential intuit

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