Statements Of Consolidated Earnings

Statements of Consolidated Earnings
Automatic Data Processing, Inc. and Subsidiaries

(In Thousands, Except Per Share Amounts)

Years Ended June 30, 1997 1996 1995

Revenue $4,112,186 $3,566,597 $2,893,742

Operating expenses 1,722,846 1,516,407 1,177,292

General, administrative and selling expenses 1,088,268 933,805 792,121

Depreciation and amortization 223,435 201,629 172,536

Systems development and programming costs 296,544 249,635 193,173

Interest expense 27,794 29,731 24,340

Non-recurring items 29,289 -- --

3,388,176 2,931,207 2,359,462

Earnings before income taxes 724,010 635,390 534,280

Provision for income taxes 210,510 180,690 139,450

Net earnings $513,500 $454,700 $394,830

Earnings per share $1.76 $1.57 $1.38

Average number of common shares outstanding 290,990 288,967 285,112

See notes to consolidated financial statements.

Years Ended June 30,	1997	1996	1995
Revenue	$4,112,186	$3,566,597	$2,893,742

Operating expenses	1,722,846	1,516,407	1,177,292
General, administrative and selling expenses	1,088,268	933,805	792,121
Depreciation and amortization	223,435	201,629	172,536
Systems development and programming costs	296,544	249,635	193,173
Interest expense	27,794	29,731	24,340
Non-recurring items	29,289	--	--

	3,388,176	2,931,207	2,359,462



Earnings before income taxes	724,010	635,390	534,280
Provision for income taxes	210,510	180,690	139,450

Net earnings	$513,500	$454,700	$394,830

Earnings per share	$1.76	$1.57	$1.38

Average number of common shares outstanding	290,990	288,967	285,112