AmerisourceBergen 2008 Annual Report Download

Download and view the complete annual report

Please find the complete 2008 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

2008 Summary Annual Report
resilient

Table of contents

  • Page 1
    2008 Summary Annual Report resilient

  • Page 2
    ...in Valley Forge, PA, and employs more than 10,000 people. AmerisourceBergen is ranked #28 on the Fortune 500 list. For more information, go to www.amerisourcebergen.com. 1 COMPANY OVERVIEW 10 CORPORATE AND SOCIAL RESPONSIBILITY 13 LETTER TO STOCKHOLDERS, R. DAVID YOST, PRESIDENT AND CHIEF EXECUTIVE...

  • Page 3
    ... of the world's largest pharmaceutical services companies serving the United States, Canada and selected global markets with a focus on the pharmaceutical supply channel. Servicing both pharmaceutical manufacturers and healthcare providers, the Company provides drug distribution and related services...

  • Page 4
    ... programs that help our customers improve the efficiency of their pharmacy operations, which enables them to focus on providing patient care. AmerisourceBergen Drug Customers place orders daily for next-day delivery. We provide pharmacy automation equipment that uses barcode technology to track...

  • Page 5
    Our warehouses are strategically located throughout the United States and Canada, and serve 27,000 pharmacies and physicians each day. 27 ,000 Daily, just-in-time shipments of pharmaceuticals to retail and hospital pharmacies reduce inventory costs. Specialized packaging for unit-of-use and ...

  • Page 6
    Good Neighbor Pharmacy customers have access to over 700 private label products. 4

  • Page 7
    ... for store performance. For example, our Good Neighbor Pharmacy® (GNP) program for community independent drug stores provides brand awareness and store identity programs, local advertising, a wide array of private label products and access to business coaching and other store management resources...

  • Page 8
    ... specialty products across our entire customer base, the AmerisourceBergen Specialty Group (ABSG), with revenues of $14.6 billion in FY2008, $14.6 Billion ABSG had revenues of $14.6 billion in fiscal year 2008. Associates in a specialty distribution center pick orders from large refrigerated units...

  • Page 9
    An oncologist discusses the course of treatment with a patient. 7

  • Page 10
    ... economic environment, the pharmaceutical market continues to grow and medications continue to become an increasingly important component in the delivery of healthcare. Our commitment to efficiency, our diverse customer mix, our favorable product mix, our focus on the pharmaceutical supply channel...

  • Page 11
    Barcodes help identify products in the warehouse and throughout the supply chain. ABPG can package pharmaceuticals in a variety of formats. 9

  • Page 12
    ...tuition reimbursement. CORPORATE GIVING While the key to our long-term financial success is the efficient and responsible use of corporate assets, we contribute some of our resources back to our communities in the spirit of good corporate citizenship. The mission for the AmerisourceBergen Charitable...

  • Page 13
    11

  • Page 14
    ... AND PRESIDENT, AMERISOURCEBERGEN SPECIALTY GROUP John G. Chou (4) SENIOR VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY Jeanne B. Fisher (5) SENIOR VICE PRESIDENT, HUMAN RESOURCES OTHER CORPORATE OFFICERS Thomas H. Murphy SENIOR VICE PRESIDENT AND CHIEF INFORMATION OFFICER David M. Senior SENIOR...

  • Page 15
    ... our associates who toil each and every day knowing that people's health and lives depend upon what they do. It is my great pleasure to work with them on your behalf. Thank you for your continued support and interest in AmerisourceBergen. R. David Yost President and Chief Executive Officer January...

  • Page 16
    ...OPERATING OFFICER OF ARROW ELECTRONICS, INC. Henry W. McGee 2 PRESIDENT, HBO HOME ENTERTAINMENT 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 Richard C. Gozon...

  • Page 17
    GAAP Diluted EPS from Continuing Operations $2.89 GR CA $2.53 % 16 $2.09 $1.84 $1.90 $1.42 $1.19 $1.04 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 15

  • Page 18
    ... ended September 30, Operating revenue Bulk deliveries to customer warehouses Total revenue Cost of goods sold Gross profit Operating expenses: Distribution, selling and administrative Depreciation Amortization Facility consolidations, employee severance and other Operating income Other loss (income...

  • Page 19
    ...335,863) 493,647 2,875,366 120,500 2,995,866 $12,217,786 2,743...Long-term debt, net of current portion Other liabilities Stockholders' equity: Common stock... loss Treasury stock, at cost: 2008 - 84,...Company's Annual Report on Form 10-K as filed with the SEC for the Fiscal Year Ended ...

  • Page 20
    ... credit facilities Proceeds from borrowing related to PharMerica Long-Term Care distribution Deferred financing costs and other Purchases of common stock Exercises of stock options, including excess tax benefits of $11,988, $19,603, and $21,878, in fiscal 2008, 2007, and 2006 respectively Cash...

  • Page 21
    ...) (12) 14% (a) Other represents Long-Term Care's operating results for the ten-month period ended July 31, 2007 and for the fiscal year ended September 30, 2006. See Management's Discussion and Analysis of Financial Condition and Results of Operations in the Company's Annual Report on Form 10-K as...

  • Page 22
    ...financial statements, including the 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, 2008. All of the data illustrated below for...

  • Page 23
    ..., 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 obtained from the Company website at www.amerisourcebergen.com, or by calling the Company's Investor Relations Department at 610-727...

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