8-K/AExhibits & Filings

COGNIZANT TECHNOLOGY SOLUTIONS CORP 8-K/A Report, Exhibit Filing (Feb 4, 2015)

Filed February 4, 2015For Securities:CTSH

Summary

Cognizant Technology Solutions Corp (CTSH) filed an 8-K/A on February 4, 2015, primarily to provide crucial financial details related to its previously announced acquisition of TriZetto. This filing includes the audited financial statements of TriZetto for the fiscal year ended December 31, 2013, and its unaudited financial statements for the nine months ended September 30, 2014. These statements are essential for investors to understand the standalone financial health and performance of the acquired entity prior to its integration with Cognizant. Furthermore, the report contains unaudited pro forma condensed combined financial information for both the fiscal year ended December 31, 2013, and the nine months ended September 30, 2014. This pro forma data presents how the combined company would have appeared financially had the acquisition occurred earlier, offering a clearer picture of the potential financial impact and synergies expected from the TriZetto acquisition. Investors should carefully review these financial statements and pro forma information to assess the strategic and financial implications of this significant transaction.

Key Highlights

  • 1Filing provides audited financial statements for TriZetto for the year ended December 31, 2013.
  • 2Filing includes unaudited financial statements for TriZetto for the nine months ended September 30, 2014.
  • 3Unaudited pro forma condensed combined financial information is presented for the fiscal year ended December 31, 2013.
  • 4Unaudited pro forma condensed combined financial information is also provided for the nine months ended September 30, 2014.
  • 5These exhibits are critical for understanding the financial impact of the TriZetto acquisition.
  • 6The filing also includes the Consent of Independent Auditors (Exhibit 23.1).

Frequently Asked Questions

The main purpose of this 8-K filing is to provide the audited and unaudited financial statements of TriZetto, the company acquired by Cognizant, as well as pro forma combined financial information. This is to give investors a comprehensive view of the financial standing of the acquired business and the potential combined entity.

The filing includes TriZetto's audited financial statements for the fiscal year ended December 31, 2013, and its unaudited financial statements for the nine months ended September 30, 2014.

Pro forma financial information presents hypothetical financial statements that combine the results of the acquired company (TriZetto) with the acquirer (Cognizant) as if the transaction had occurred at an earlier date. It's important because it helps investors understand the potential financial performance and implications of the acquisition without the complexities of actual post-acquisition accounting adjustments.

Yes, the filing also includes the Consent of Independent Auditors (Exhibit 23.1), which is a standard requirement when incorporating auditor-verified financial statements into an SEC filing.