Express Scripts 2009 Annual Report Download - page 90

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Express Scripts 2009 Annual Report 88
(3) Includes retail pharmacy co-payments of $822.7 and $887.7 for the three months ended March 31, 2009 and 2008, respectively,
$721.1 and $824.1 for the three months ended June 30, 2009 and 2008, respectively, $708.4 and $733.7 for the three months ended
September 30, 2009 and 2008, respectively, and $879.9 and $708.1 for the three months ended December 31, 2009 and 2008,
respectively.
16. Condensed consolidating financial information
Our senior notes are fully and unconditionally guaranteed by our 100% owned domestic subsidiaries, other
than certain regulated subsidiaries including Express Scripts Insurance Company. The following condensed
consolidating financial information has been prepared in accordance with the requirements for presentation of such
information. Effective June 30, 2008, CuraScript Infusion Pharmacy, Inc. was sold and effective April 4, 2008,
Custom Medical Products, Inc. (“CMP”) was sold. The assets, liabilities, and operations from these former
subsidiaries are included as discontinued operations in those of the non-guarantors. Subsequent to the acquisition of
NextRx on December 1, 2009, Pharmacy Services Division of MSC – Medical Services Company (“MSC”) on July
22, 2008 and Connect Your Care, LLC (“CYC”) on October 10, 2007, certain of the assets, liabilities and operations
of the 100% owned domestic subsidiaries have been included in those of the guarantors. The following presents the
condensed consolidating financial information separately for:
(i) Express Scripts, Inc. (the Parent Company), the issuer of the guaranteed obligations;
(ii) Guarantor subsidiaries, on a combined basis, as specified in the indentures related to Express Scripts’
obligations under the notes;
(iii) Non-guarantor subsidiaries, on a combined basis;
(iv) Consolidating entries and eliminations representing adjustments to (a) eliminate intercompany transactions
between or among the Parent Company, the guarantor subsidiaries and the non-guarantor subsidiaries,
(b) eliminate the investments in our subsidiaries and (c) record consolidating entries; and
(v) Express Scripts, Inc and subsidiaries on a consolidated basis.