(Unaudited)(in millions of U.S. dollars) ElectronicsThree months ended Manufacturing March 31, 2012 Services Aerostructures Healthcare----------------------------------------------------------------------------Revenues $ 1,691 $ 1,266 $ 1,209Cost of sales (excluding amortization of property, plant and equipment, intangible assets and deferred charges) (1,559) (1,011) (841)Operating expenses (55) (54) (235)Interest income - - 1Amortization of property, plant and equipment (17) (28) (32)Amortization of intangible assets and deferred charges (3) (7) (42)Interest expense of operating companies (1) (18) (48)Increase in value of investments in joint ventures and associates at fair value, net - - -Stock-based compensation expense (10) (5) (3)Other items 1 3 (3)Limited Partners' Interests charge - - -----------------------------------------------------------------------------Earnings (loss) before income taxes $ 47 $ 146 $ 6Recovery of (provision for) income taxes (4) (46) 9----------------------------------------------------------------------------Net earnings (loss) for the period $ 43 $ 100 $ 15--------------------------------------------------------------------------------------------------------------------------------------------------------Net earnings (loss) attributable to:Equity holders of Onex Corporation $ 4 $ 16 $ 9Non-controlling interests 39 84 6----------------------------------------------------------------------------Net earnings (loss) for the period $ 43 $ 100 $ 15--------------------------------------------------------------------------------------------------------------------------------------------------------Total assets at December 31, 2012 $ 2,659 $ 5,371 $ 3,971----------------------------------------------------------------------------Long-term debt at December 31, 2012(b) $ 55 $ 1,133 $ 2,540--------------------------------------------------------------------------------------------------------------------------------------------------------(Unaudited)(in millions of U.S. dollars) CustomerThree months ended Insurance Care Metal March 31, 2012 Provider Services Services----------------------------------------------------------------------------Revenues $ 293 $ 364 $ 747Cost of sales (excluding amortization of property, plant and equipment, intangible assets and deferred charges) (148) (233) (693)Operating expenses (103) (93) (17)Interest income - - -Amortization of property, plant and equipment (1) (6) (13)Amortization of intangible assets and deferred charges (4) (7) (3)Interest expense of operating companies (1) (22) (21)Increase in value of investments in joint ventures and associates at fair value, net - - -Stock-based compensation expense - - -Other items 6 (2) -Limited Partners' Interests charge - - -----------------------------------------------------------------------------Earnings (loss) before income taxes $ 42 $ 1 $ -Recovery of (provision for) income taxes (16) (3) -----------------------------------------------------------------------------Net earnings (loss) for the period $ 26 $ (2) $ --------------------------------------------------------------------------------------------------------------------------------------------------------- `Net earnings (loss) attributable to:Equity holders of Onex Corporation $ 24 $ (1) $ -Non-controlling interests 2 (1) -----------------------------------------------------------------------------Net earnings (loss) for the period $ 26 $ (2) $ ---------------------------------------------------------------------------------------------------------------------------------------------------------Total assets at December 31, 2012 $ 4,903 $ 632 $ 989----------------------------------------------------------------------------Long-term debt at December 31, 2012(b) $ 258 $ 725 $ 306--------------------------------------------------------------------------------------------------------------------------------------------------------(Unaudited)(in millions of U.S. dollars)Three months ended Building Consolidated March 31, 2012 Products Other(a) Total----------------------------------------------------------------------------Revenues $ 731 $ 516 $ 6,817Cost of sales (excluding amortization of property, plant and equipment, intangible assets and deferred charges) (609) (314) (5,408)Operating expenses (114) (158) (829)Interest income 1 8 10Amortization of property, plant and equipment (26) (17) (140)Amortization of intangible assets and deferred charges (4) (13) (83)Interest expense of operating companies (15) (11) (137)Increase in value of investments in joint ventures and associates at fair value, net - 608 608Stock-based compensation expense - (70) (88)Other items (25) (27) (47)Limited Partners' Interests charge - (486) (486)----------------------------------------------------------------------------Earnings (loss) before income taxes $ (61) $ 36 $ 217Recovery of (provision for) income taxes 2 14 (44)----------------------------------------------------------------------------Net earnings (loss) for the period $ (59) $ 50 $ 173--------------------------------------------------------------------------------------------------------------------------------------------------------Net earnings (loss) attributable to:Equity holders of Onex Corporation $ (41) $ 47 $ 58Non-controlling interests (18) 3 115----------------------------------------------------------------------------Net earnings (loss) for the period $ (59) $ 50 $ 173--------------------------------------------------------------------------------------------------------------------------------------------------------Total assets at December 31, 2012 $ 2,626 $ 15,151 $ 36,302----------------------------------------------------------------------------Long-term debt at December 31, 2012(b) $ 547 $ 4,906 $ 10,470--------------------------------------------------------------------------------------------------------------------------------------------------------(a) Includes Tropicana Las Vegas, ONCAP II, ONCAP III, Flushing Town Center, OCP CLO-1 and the parent company. Investments in joint ventures and associates recorded at fair value include Allison Transmission, Hawker Beechcraft, RSI (sold in February 2013), Tomkins, Cypress and certain Onex Real Estate investments.(b) Long-term debt includes current portion, excludes finance leases and is net of financing charges.
Contacts:
Onex Corporation
Emma Thompson
Vice President, Investor Relations
416.362.7711
www.onex.com



