CVS Health (CVS) 2005年年度报告「NYSE」.pdf

1、CVS CORPORATION ANNUAL REPORTAt CVS,All Signs Point to Growth2005CVS CORPORATION 2005 Annual ReportCVS CorporationOne CVS Drive,Woonsocket,RI 02895http:/20052004In millions,except per share52 weeks52 weeks%ChangeSales$37,006.2$30,594.321.0Operating profit2,019.51,454.738.8Net earnings1,224.7918.833.

2、3Diluted earnings per common share1.451.1031.8Stock price at calendar year end26.4222.5417.2Market capitalization at calendar year end21,514.018,071.019.1Financial HighlightsAbout Our CompanyAmericas No.1 drugstore chain,CVS operates more than 5,400CVS/pharmacy stores in 34 states and the District o

3、f Columbia.Our PharmaCare subsidiary operates 51 specialty pharmaciesand is the nations fourth-largest,full-service pharmacy benefitsmanager.Total CVS revenues exceeded$37 billion in 2005,withmore than 70 percent generated through pharmacy sales.In fact,our CVS/pharmacy stores fill more than one in

4、every eight retailprescriptions in the United States.We remain committed to beingthe easiest pharmacy for customers to use.Our 148,000 colleagueswork hard so that everyone can“expect something extra”whetherentering one of our stores,shopping at CVS.com,or usingPharmaCares services.Our company trades

5、 on the New York Stock Exchange under theticker“CVS.”To Our Shareholders:The past year will certainly be remembered as one of considerable accomplishment for our company.We swiftly and successfullycompleted the integration of nearly 1,100 former Eckerd stores,along with the former Eckerd Health Serv

6、ices,acquired in 2004.Atthe same time,we opened approximately 300 new or relocated stores in both existing and new markets.Throughout this activity,wenever lost focus on our core business,as evidenced by our same store sales growth and market share gains.Our PharmaCarepharmacy benefits manager(PBM)a