Express Scripts 2011 Annual Report Download - page 2

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Financial Highlights
(in millions, except per share data) 2011 2010 % Change
Statement of Operations:
Revenues $ 46,128.3 $ 44,973.2 3%
Income before income taxes 2,024.4 1,908.7 6%
Net income from continuing operations 1,275.8 1,204.6 6%
Per Diluted Share Data:
Net income from continuing operations $ 2.53 $ 2.21 14%
Average Diluted Shares Outstanding 505.0 544.0 -7%
Balance Sheet Data:
Cash $ 5,620.1 $ 523.7 973%
Total assets 15,607.0 10,557.8 48%
Total debt, including current maturities 8,076.3 2,493.8 224%
Stockholders’ equity 2,473.7 3,606.6 -31%
Net Cash Provided by Operating Activities
–
continuing operations $ 2,192.0 $ 2,105.1 4%
Selected Data:
Total adjusted claims 751.5 753.9 0%
Express Scripts serves tens of millions of Americans as a pharmacy benefit manager (PBM) for health
maintenance organizations, health insurers, employers, union-sponsored benefit plans, third-party
administrators, and workers’ compensation and government health programs.
Guided by our core values, we focus on driving out waste while improving health outcomes by coordinating
the distribution of prescription drugs. Express Scripts offers a combination of services, including clinical
management programs, retail drug card programs, home delivery of maintenance medications from the
Express Scripts PharmacySM, formulary management programs, and specialty patient care and clinical
programs spanning both the pharmacy and medical benefit to enhance care and reduce waste.