AmerisourceBergen 2011 Annual Report Download

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a decade of delivering
Annual Report 2011

Table of contents

  • Page 1
    a dec ade of del i v eri ng Annual Report 2011

  • Page 2
    ... to Stockholders, Steven H. Collis, President and Chief Executive Officer 5 A Decade of Delivering 12 Corporate and Social Responsibility 14 Management Team 16 Letter to Stockholders, Richard C. Gozon, Chairman of the Board 17 Financial Statements 21 Corporate Information collaborate to drive...

  • Page 3
    ... as President and Chief Executive Officer, I have been privileged to assume the leadership of an outstanding and financially successful organization from my predecessor, R. David Yost.With the help of our talented management team and the support of our Board of Directors, Dave did an excellent job...

  • Page 4
    ...We capitalized on unprecedented specialty generic opportunities in AmerisourceBergen Specialty Group (ABSG), had strong revenue growth and generic performance in AmerisourceBergen Drug Corporation (ABDC), and had outstanding results in our consulting and packaging businesses, which were consolidated...

  • Page 5
    ... continued success: we must execute well on the unprecedented number of generic conversions in fiscal year 2012; we must continue to successfully convert our distribution centers to the new SAP system; we must find ways to help our customers meet the financial challenges of healthcare reform; and...

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    ... customers, while providing excellent opportunities for our associates and superior returns to our stockholders. AmerisourceBergen consists of three operating segments: AmerisourceBergen Drug Corporation (ABDC),AmerisourceBergen Specialty Group (ABSG), and AmerisourceBergen Consulting Services...

  • Page 8
    ... and health and beauty aids. ABDC has 26 distribution centers across the U.S., and 8 in Canada for a total of 5 million square feet, supporting approximately 20,000 deliveries to customers per day. Over the last two years, we have been implementing a new SAP enterprise resource planning system which...

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    ...patient care. ABDC's market growth solutions expand the reach of a health system beyond traditional boundaries and into areas such as employee and employer services, and to coordinating efforts with community pharmacies. Importantly, our cost control solutions extend well beyond inventory management...

  • Page 12
    ... associates dedicated to helping manufacturers demonstrate the value of their products to patients and to payers. In October of 2011, we combined our consulting services businesses with our manufacturer-focused packaging businesses to take advantage of the expertise in both organizations in order...

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    ..., but also by providing unique services, like setting up mobile pharmacies.We are very proud that our associates and our customers consistently rise to meet the needs of patients in challenging situations. Corporate Governance Directors' understanding of our operations and our strategic objectives...

  • Page 15
    ... that help link individuals with disabilities with meaningful work opportunities.These relationships are mutually beneficial, and we are very pleased that in late 2011, our Bethlehem, Pennsylvania distribution center was named Employer of theYear by Good ShepherdWork Services, and our Mansfield...

  • Page 16
    ... Officer Thomas H. Murphy Senior Vice President and Chief Information Officer David W. Neu* Senior Vice President and President, AmerisourceBergen Drug Corporation Michael D. DiCandilo* Executive Vice President and Chief Financial Officer John G. Chou* Executive Vice President, General Counsel...

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    .... Richard C. Gozon Chairman of the Board January 20, 2012 Kathleen W. Hyle 1*,3,5 Senior Vice President, Constellation Energy and Chief Operating Officer, Constellation Energy Resources Chairman of the Board, Retired Executive Vice President, Weyerhaeuser Company Michael J. Long 1,2 Charles...

  • Page 19
    ...thousands, except per share data) Fiscal year ended September 30, Revenue Cost of goods sold Gross profit Operating expenses: Distribution, selling and administrative Depreciation Amortization Employee severance, litigation and other Intangible asset impairments Operating income Other (income) loss...

  • Page 20
    ...income taxes Total current liabilities Long-term debt, net of current portion Other liabilities Stockholders' equity: Common stock, $0.01 par value - authorized, issued and outstanding: 600,000,000 shares, 496,522,288 shares and 260,991,439 shares at September 30, 2011, respectively, and 600,000,000...

  • Page 21
    ... on common stock Debt issuance costs and other NET CASH USED IN FINANCING ACTIVITIES INCREASE IN CASH AND CASH EQUIVALENTS Cash and cash equivalents at beginning of year CASH AND CASH EQUIVALENTS AT END OF YEAR See notes to consolidated financial statements in the Company's Annual Report on Form...

  • Page 22
    ... notes thereto, and Management's Discussion and Analysis of Financial Condition and Results of Operations, available in the Company's Annual Report on Form 10-K as filed with the SEC for the fiscal year ended September 30, 2011. On June 15, 2009, the Company effected a two-for-one stock split of its...

  • Page 23
    ... Mail: AmerisourceBergen Corporation c/o BNY Mellon Shareowner Services P.O. Box 358015 Pittsburgh, PA 15252-8015 Additional Information Financial documents, such as our Annual Report on Form 10-K, quarterly reports on Form 10-Q, the Company's Code of Ethics and Business Conduct, and other reports...

  • Page 24
    ... pharmacy automation and pharmaceutical packaging to reimbursement and pharmaceutical consulting services. With more than $80 billion in annual revenue, AmerisourceBergen is headquartered in Valley Forge, PA, and employs approximately 11,000 people. AmerisourceBergen is ranked #27 on the Fortune 500...