Unaudited quarterly information for each of the three months in the years ended December 31, 2012 and 2011 are presented below. For periods prior to the Partnership’s reorganization and initial public offering in May 2012 (see Note 1), the financial information reflects the combined and consolidated financial results of Carlyle Group.


	Three Months Ended
	March 31,			June 30,			September 30,			December 31,
	2012			2012			2012			2012
	(Dollars in millions)
Revenues	$	1,110.9		$	248.4		$	858.5		$	755.3
Expenses		477.2			448.9			704.9			660.2
Other income		872.1			386.6			448.9			50.4

Income before provision for income taxes	$	1,505.8		$	186.1		$	602.5		$	145.5

Net income	$	1,494.1		$	175.5		$	597.0		$	132.9

Net income (loss) attributable to The Carlyle Group L.P.		N/A		$	(10.3	)	$	18.6		$	12.0

Net income (loss) attributable to The Carlyle Group L.P. per common unit⁽¹⁾
Basic		N/A		$	(0.26	)	$	0.43		$	0.28

Diluted		N/A		$	(0.26	)	$	0.40		$	0.25

Distributions declared per common unit⁽²⁾		N/A			N/A		$	0.11		$	0.16


	Three Months Ended
	March 31,			June 30,			September 30,			December 31,
	2011			2011			2011			2011
	(Dollars in millions)
Revenues	$	1,317.3		$	755.8		$	(59.6	)	$	831.8
Expenses		360.7			345.8			218.4			422.2
Other income (loss)		(184.3	)		(92.7	)		(341.2	)		302.8

Income (loss) before provision for income taxes	$	772.3		$	317.3		$	(619.2	)	$	712.4

Net income (loss)	$	766.2		$	310.6		$	(632.1	)	$	709.6

(1)

The sum of the quarterly earnings per common unit amounts may not equal the total for the year due to the effects of rounding and dilution.

(2)

Distributions declared reflects the calendar date of the declaration of each distribution.