Express Scripts 2014 Annual Report Download - page 93

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91
Express Scripts 2014 Annual Report
PBMproductrevenuesconsistofrevenuesfromthesaleofprescriptiondrugsbyretailpharmaciesinourretail
pharmacynetworks,revenuesfromthedispensingofprescriptiondrugsfromourhomedeliverypharmaciesandrevenuesfrom
thesaleofcertainfertilityandspecialtydrugs.OtherBusinessOperationsproductrevenuesconsistofdistributionservicesof
pharmaceuticalsandmedicalsuppliestoproviders,clinicsandhospitalsandconsultingservicesforpharmaceutical
manufacturerstocollectscientificevidencetoguidethesafe,effectiveandaffordableuseofmedicines.PBMservicerevenues
includeadministrativefeesassociatedwiththeadministrationofretailpharmacynetworkscontractedbycertainclients,
informeddecisioncounselingservicesandspecialtypharmacyservices.OtherBusinessOperationsservicerevenuesinclude
revenuesrelatedtodataanalyticsandresearchassociatedwithourUBCbusinessaswellasfromhealthcarecardadministration
throughSeptember14,2012,thedateofdisposalofCYC.
Thefollowingtablepresentsthebalancesheetinformationaboutourreportablesegments,includingthe
discontinuedEuropeanoperations:
(in millions) PBM
Other
Business
Operations
Discontinued
Operations Total
As of December 31, 2014
Totalassets $52,891.6 $907.3 $$53,798.9
Investmentinequitymethodinvestees $40.3 $$$40.3
As of December 31, 2013
Totalassets $52,560.1 $957.1 $31.0 $53,548.2
Investmentinequitymethodinvestees $30.2 $$$30.2
Thefollowingtableshowsrevenuerepresentedbyourclientsrepresenting10%orgreaterofourconsolidated
revenueforeachrespectiveperiod:
December 31,
2014 2013 2012
Anthem(formerlyknownasWellpoint) 14.0%12.2%13.7%
DepartmentofDefense 11.9%10.2%10.6%
Revenuesearnedbyourcontinuingoperationsinternationalbusinessestotaled$87.3million,$98.6millionand
$77.1millionfortheyearsendedDecember31,2014,2013and2012,respectively.Allothercontinuingoperationsrevenues
wereearnedintheUnitedStates.Long-livedassetsofourcontinuingoperationsinternationalbusinesses(consistingprimarily
offixedassets)totaled$56.0millionand$58.6millionasofDecember31,2014and2013,respectively.Allothercontinuing
operationslong-livedassetsaredomiciledintheUnitedStates.
87