嘉德诺Cardinal Health Inc. (CAH) 1996财年年度报告「NYSE」.pdf

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1、ExtendingOurHealth CareReachCARDINAL HEALTH,INC.1996 AnnualReport ToShareholdersCORPORATE PROFILEWith annual sales of$9billion,Cardinal Health is one ofthe countrys leading health careservice providers.With its nation-wide network of distributionfacilities,the company is one ofthe largest wholesale

2、distributorsof pharmaceuticals and relatedhealth care products in the country.Cardinal Health has furtherextended its operational focus toinclude related businesses withseveral recent mergers.In fiscal1996,the company acquiredPyxis Corporation,the largestmanufacturer of unique,point-of-use systems w

3、hich automate thedistribution,management,andcontrol of medications and suppliesin hospitals and alternate carefacilities;Medicine Shoppe Interna-tional,Inc.,the largest franchisor ofindependent retail pharmacies in theUnited States;and Allied PharmacyService,Inc.,one of the largestproviders of pharm

4、acy managementservices to hospitals in the country.ContentsFinancial Highlights1Chairmans Letter toShareholders2Shareholder Information6Extending OurHealth Care Reach8Financial Review16Consolidated FinancialStatements:Statements of Earnings20 Balance Sheets21 Statements of Shareholders Equity22 Stat

5、ements of Cash Flows23Notes to ConsolidatedFinancial Statements24Managements Statementof Financial Responsibility34Independent AuditorsReport34Selected HistoricalFinancial Data35Common Share Information36Board of Directors37Corporate Officers37Operating Management37Founded in 1971 as a foodwholesale

6、r,Cardinal Health enteredthe pharmaceutical distributionbusiness in 1979 with the acquisi-tion of a small drug distributor inZanesville,Ohio.In 1988,thecompanys decision to focus solelyon pharmaceutical distributionresulted in the sale of the foodoperations.Since its initial publicoffering in 1983,C