AmerisourceBergen 2007 Annual Report Download

Download and view the complete annual report

Please find the complete 2007 AmerisourceBergen annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 24

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24

5:25 pm SACRAMENTO, CA
An associate restocks an
automated product picking
machine in preparation
for processingtheevening’s
customer orders
2007 Summary Annual Report

Table of contents

  • Page 1
    2007 Summary Annual Report 5:25 pm SACRAMENTO, CA An associate restocks an automated product picking machine in preparation for processing the evening's customer orders

  • Page 2
    ... in Valley Forge, PA, and employs more than 11,500 people. AmerisourceBergen is ranked #29 on the Fortune 500 list. For more information, go to www.amerisourcebergen.com. COMPANY OVERVIEW CORPORATE & SOCIAL RESPONSIBILITY LETTER TO SHAREHOLDERS, R. DAVID YOST, PRESIDENT AND CHIEF EXECUTIVE OFFICER...

  • Page 3
    ...business is pharmaceutical distribution, AmerisourceBergen serves our customers' needs across the entire 8:35 am HAY-ON-WYE, WALES Empty bottles begin their journey through sophisticated pharmaceutical packaging equipment 10:37 am HOUSTON, TX A forklift operator takes new shipments of products...

  • Page 4
    ... manufacturer customers get access 9:30 pm LOCKBOURNE, OH A forklift heads to the case goods area of the warehouse to replenish supplies needed to meet the evening's orders 10:25 pm KANSAS CITY, MO Control room operators monitor warehouse system performance using state-of-the-art productivity...

  • Page 5
    9:32 am SAN DIEGO, CA A Good Neighbor pharmacist receives her daily shipment of products and is able to fill a much-needed special prescription for a patient 1:15 pm PITTSBURGH, PA A hospital pharmacist pulls medications from an AutoMed® automated carousel 3

  • Page 6
    11:16 am BOSTON, MA A hospital nurse prepares a new infusion therapy received earlier that morning for a critically ill patient 12:46 am DENVER, CO Products in totes arrive in the shipping lanes ready for departure 9:47 am ORLANDO, FL New products received from manufacturers are scanned into...

  • Page 7
    ... advertising, and private label products. Another program, the Good Neighbor Pharmacy Provider Networkâ„¢, consists of approximately 5,000 stores that have joined together for the benefit of being included in managed care provider networks nationwide. The Good Neighbor Pharmacy Provider Network...

  • Page 8
    In addition to the robust traditional drug distribution business, AmerisourceBergen is the largest specialty pharmaceutical distributor in the world. While we distribute specialty products across our entire customer base, the AmerisourceBergen Specialty Group (ABSG), with revenues of $12 billion in ...

  • Page 9
    ...RALEIGH, NC An oncologist prepares to administer chemotherapy and other supportive drug therapies received in his office earlier that day 2:13 am SUWANEE, GA Good Neighbor Pharmacy private label products await distribution to nearly 2,800 GNP pharmacies across the country 3:37 am THOROFARE, NJ...

  • Page 10
    ... networks and commercialization services to a biotech manufacturer about to launch a new product 8:35 pm DOTHAN, AL An associate pulls a frozen pharmaceutical from a super cooler in preparation for shipment to a physician's office 10:07 am RICHMOND, VA A pharmacy technician puts away products...

  • Page 11
    ...and we have extended our specialty services across the border into Canada. While top line growth in this business will be affected in FY2008 by the decline in sales of products that treat anemia and the loss of a customer that was acquired by a competitor, we expect that this business will return to...

  • Page 12
    ... in ongoing compliance and ethics training. The Company demands that all of its associates treat others with respect and observe all applicable laws and regulations regarding employment practices and business relationships. AmerisourceBergen is an Equal Opportunity Employer, and has several...

  • Page 13
    ... services to that underserved population. AmerisourceBergen CORPORATE GIVING While the key to our financial success is the responsible use of corporate assets, we also acknowledge our responsibility as a good corporate citizen to contribute some of our resources back to our communities. The mission...

  • Page 14
    ...companies enhancing our value added services. In October 2007, we purchased Bellco Health for $181 million. With about $2 billion in annual revenue, Bellco is a premier pharmaceutical distributor in the Metro New York Jeanne B. Fisher SENIOR VICE PRESIDENT, HUMAN RESOURCES OTHER CORPORATE OFFICERS...

  • Page 15
    Steven H. Collis Jeanne B. Fisher R. David Yost Michael D. DiCandilo John G. Chou Terrance P. Haas 13

  • Page 16
    ..., Inc. Henry W. McGee 2 President, HBO Video J. Lawrence Wilson 2*,3 Retired Chairman and Chief Executive Officer, Rohm and Haas Company R. David Yost 3* President and Chief Executive Officer, AmerisourceBergen Corporation Committees of the Board 1 Audit and Corporate Responsibility Committee...

  • Page 17
    Financial Strength Solid Revenue Growth Operating Margin Expansion Return on Invested Capital Focused Strong Cash Flow Generation Significant Returns to Shareholders Disciplined Acquisitions 15

  • Page 18
    ... to customer warehouses Total revenue Cost of goods sold ... Continuing operations Discontinued operations Cumulative effect of change in accounting Rounding $ 2007 $61,669,032 4,405,280 66,074,312 63,747,573 2,... Company's Annual Report on Form 10-K as filed with the SEC for the Fiscal ...

  • Page 19
    ... $12,310,064 2,354 3,466,944 2,051,212 (15,303) (1,364,050) 4,141,157 $12,783,920 See notes to consolidated financial statements in the Company's Annual Report on Form 10-K as filed with the SEC for the Fiscal Year Ended September 30...

  • Page 20
    ...,595) (1,532) (469,848) 294,715 966,553 $ 1,261,268 - - - 895,500 (1,182,339) (18,859) (786,192) 174,060 (10,598) (1,565) (929,993) 95,210 871,343 $ 966,553 18 See notes to consolidated financial statements in the Company's Annual Report on Form 10-K as filed with the SEC for the Fiscal...

  • Page 21
    ...29.24% 26.19% 3.05% (a) The fiscal 2007 operating revenue and operating income of Long-Term Care represent its results for the ten month period ended July 31, 2007, the date of its divestiture. See notes to consolidated financial statements in the Company's Annual Report on Form 10-K as filed with...

  • Page 22
    ... stock in the form of a 100% stock dividend. All applicable share and per-share amounts have been retroactively adjusted to reflect this stock split. (g) Effective October 1, 2004, the Company changed its method of recognizing cash discounts and other related manufacturer incentives. The Company...

  • Page 23
    ...: The Bank of New York Investor Services Department P.O. Box 11258 New York, NY 10286-1258 ADDITIONAL INFORMATION Financial documents, such as our Annual Report on Form 10-K, and quarterly reports on Form 10-Q, the Company's Code of Ethics and Business Conduct and other reports and filings may be...

  • Page 24
    AmerisourceBergen Corporation P.O. Box 959 Valley Forge, Pennsylvania 19482 610-727-7000 www.amerisourcebergen.com