2022, September 30, Youth 5 and under FREE Words such as expect, likely, outlook, forecast, would, could, should, can, project, intend, plan, continue, sustain, synergy, on track, believe, seek, estimate, anticipate, may, possible, assume, variations of such words, and similar expressions are intended to identify such forward-looking statements. AmerisourceBergen is updating its outlook for fiscal year 2022. The Company is organized geographically based upon the products and services it provides to its customers. The Company does not provide forward looking guidance on a GAAP basis for such metrics because certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated. A slide presentation for investors has also been posted on the Company's website at investor.amerisourcebergen.com. Adjusted operating income growth to be in the range of 0 to 3 percent; On a constant currency basis, adjusted operating income growth to be in the range of 3 to 6 percent; Excluding contributions related to COVID-19, adjusted operating income growth to be in the range of 3 to 5 percent; On a constant currency basis, excluding contributions related to COVID-19, adjusted operating income growth to be in the range of 6 to 8 percent; U.S. Healthcare Solutions segment operating income growth to be in the range of 2 to 4 percent; Excluding contributions related to COVID-19, U.S. Healthcare Solutions segment operating income growth to be in the range of 5 to 7 percent; International Healthcare Solutions segment operating income decline to be in the range of 3 to 7 percent; On a constant currency basis, International Healthcare Solutions segment operating income growth to be in range of 5 to 9 percent; Excluding contributions related to COVID-19, International Healthcare Solutions segment operating income decline to be in the range of 1 to 5 percent; On a constant currency basis excluding contributions related to COVID-19, International Healthcare Solutions segment operating income growth to be in the range of 7 to 11 percent; Excluding the impact of acquisitions and divestitures, International Healthcare Solutions segment operating income decline to be in the range of 7 to 11 percent; Adjusted effective tax rate to be approximately 20 percent to 21 percent; Adjusted free cash flow to be approximately $2 billion; Capital expenditures in the $500 million range; and. ThoughtSpot 2022, the annual trade show hosted by AmerisourceBergen and Good Neighbor Pharmacy, will be held at the Orlando World Center Marriott in Orlando, Florida, from July 20 - 24. In the tables that follow, GAAP results and GAAP to non-GAAP reconciliations are presented. Only 7 paid holidays per year. Jan 16, is in 16 days. CONDENSED CONSOLIDATED BALANCE SHEETS Send. "As we move into the second half of our fiscal year with significant momentum, we remain focused on execution and continuing to help our partners navigate the complex and evolving healthcare landscape. AmerisourceBergen Vacancies 2022-2023 Government Vacancies in South Africa. Adjusted Non-GAAP % change vs. prior year. AmerisourceBergen Announces Date and Time for Fourth Quarter Fiscal 2022 Earnings Release. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. With a bias towards action and resourcefulness, we make an impact across healthcare. Fiscal Year 2023 Expectations on an Adjusted (non-GAAP) Basis. Operating income within International Healthcare Solutions decreased 12.6 percent to $163.1 million in the fourth quarter of fiscal 2022. This page contains a calendar of all 2022 public holidays for Zrich. Additionally, on May 2, 2022, the Company and the two other national pharmaceutical distributors reached an agreement to pay up to $518 million in a settlement with the State of Washington and participating subdivisions to resolve opioid-related claims, consistent with Washingtons allocations under the comprehensive settlement agreement, as well as certain attorneys fees and costs. Interview process at AmerisourceBergen Overall experience Poor Excellent Easy Difficult Interview process length About two weeks 28% About a week 25% About a day or two 24% About a month 13% More than one month 10% Most reported steps On-site interview 70% Drug test 65% Background check 62% Phone call/screening 61% Group interview 21% Among the factors that could cause actual results to differ materially from those projected, anticipated, or implied are the following: the effect of and uncertainties related to the ongoing COVID-19 pandemic (including any government responses thereto) and any continued recovery from the impact of the COVID-19 pandemic; our ability to achieve and maintain profitability in the future; our ability to respond to general economic conditions; our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; the impact on our business of the regulatory environment and complexities with compliance; unfavorable trends in brand and generic pharmaceutical pricing, including in rate or frequency of price inflation or deflation; competition and industry consolidation of both customers and suppliers resulting in increasing pressure to reduce prices for our products and services; changes in the United States healthcare and regulatory environment, including changes that could impact prescription drug reimbursement under Medicare and Medicaid and declining reimbursement rates for pharmaceuticals; increasing governmental regulations regarding the pharmaceutical supply channel; continued federal and state government enforcement initiatives to detect and prevent suspicious orders of controlled substances and the diversion of controlled substances; continued prosecution or suit by federal and state governmental entities and other parties (including third-party payors, hospitals, hospital groups and individuals) of alleged violations of laws and regulations regarding controlled substances, and any related disputes, including shareholder derivative lawsuits; increased federal scrutiny and litigation, including qui tam litigation, for alleged violations of laws and regulations governing the marketing, sale, purchase and/or dispensing of pharmaceutical products or services, and associated reserves and costs; failure to comply with the Corporate Integrity Agreement; the outcome of any legal or governmental proceedings that may be instituted against us, including material adverse resolution of pending legal proceedings; the retention of key customer or supplier relationships under less favorable economics or the adverse resolution of any contract or other dispute with customers or suppliers; changes to customer or supplier payment terms, including as a result of the COVID-19 impact on such payment terms; the integration of the Alliance Healthcare businesses into the Company being more difficult, time consuming or costly than expected; the Companys or Alliance Healthcares failure to achieve expected or targeted future financial and operating performance and results; the effects of disruption from the acquisition and related strategic transactions on the respective businesses of the Company and Alliance Healthcare and the fact that the acquisition and related strategic transactions may make it more difficult to establish or maintain relationships with employees, suppliers and other business partners; the acquisition of businesses, including the acquisition of the Alliance Healthcare businesses and related strategic transactions, that do not perform as expected, or that are difficult to integrate or control, or the inability to capture all of the anticipated synergies related thereto or to capture the anticipated synergies within the expected time period; risks associated with the strategic, long-term relationship between Walgreens Boots Alliance, Inc. and the Company, including with respect to the pharmaceutical distribution agreement and/or the global generic purchasing services arrangement; managing foreign expansion, including non-compliance with the U.S. Foreign Corrupt Practices Act, anti-bribery laws, economic sanctions and import laws and regulations; our ability to respond to financial market volatility and disruption; changes in tax laws or legislative initiatives that could adversely affect the Company's tax positions and/or the Company's tax liabilities or adverse resolution of challenges to the Company's tax positions; the loss, bankruptcy or insolvency of a major supplier, or substantial defaults in payment, material reduction in purchases by or the loss, bankruptcy or insolvency of a major customer, including as a result of COVID-19; financial and other impacts of COVID-19 on our operations or business continuity; changes to the customer or supplier mix; malfunction, failure or breach of sophisticated information systems to operate as designed, and risks generally associated with cybersecurity; risks generally associated with data privacy regulation and the international transfer of personal data; financial and other impacts of macroeconomic and geopolitical trends and events, including the unfolding situation in Russia and Ukraine and its regional and global ramifications; natural disasters or other unexpected events, such as additional pandemics, that affect the Companys operations; the impairment of goodwill or other intangible assets (including any additional impairments with respect to foreign operations), resulting in a charge to earnings; the Company's ability to manage and complete divestitures; the disruption of the Company's cash flow and ability to return value to its stockholders in accordance with its past practices; interest rate and foreign currency exchange rate fluctuations; declining economic conditions in the United States and abroad; and other economic, business, competitive, legal, tax, regulatory and/or operational factors affecting the Company's business generally. These supplemental measures may vary from, and may not be comparable to, similarly titled measures by other companies. Changes in operating assets and liabilities, excluding the effects of acquisitions: Net cash provided by operating activities, Cost of acquired companies, net of cash acquired, Net cash (used in) provided by financing activities, Effect of exchange rate changes on cash, cash equivalents, and restricted cash, Increase in cash, cash equivalents, and restricted cash, including cash classified within assets held for sale, Less: Increase in cash classified within assets held for sale, Increase in cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash at beginning of period 1, Cash, cash equivalents, and restricted cash at end of period 1. From outside the U.S. and Canada, dial +44 (204) 525-0658. AmerisourceBergen management will be attending the following investor events in the coming months: AmerisourceBergen fosters a positive impact on the health of people and communities around the world by advancing the development and delivery of pharmaceuticals and healthcare products. In February 2022, AmerisourceBergen reached a national settlement with state and local governments, agreeing to pay $6.1 billion to resolve a tsunami of opioid-related lawsuits. Subscribe to Calendar; Zurich 2022. Comprehensive list of National and Regional Public Holidays that are celebrated in Zurich, Switzerland during 2022 with dates and information on the origin and meaning of holidays. A replay of the webcast will be posted on investor.amerisourcebergen.com approximately two hours after the completion of the call and will remain available for 30 days. India Public Holidays 2022. For calendar year 2022, New Year's Day (January 1) falls on a Saturday and will be observed on Friday, December 31, 2021; Juneteenth (June 19th) falls on a Sunday and will be observed on Monday, June 20, 2022; and Christmas Day (December 25) falls on Sunday and will be observed on Monday, December 26, 2022. For fiscal year 2022, we have defined the non-GAAP financial measure of adjusted free cash flow as net cash provided by operating activities, excluding other significant unpredictable or non-recurring cash payments or receipts relating to legal settlements, minus capital expenditures. Healthier futures start with the health of our people and planet, which is why we are committed to building partnerships and operations that benefit society and the environment. Changes in operating assets and liabilities, excluding the effects of acquisitions and divestitures: Net cash provided by operating activities, Cost of acquired companies, net of cash acquired, Net cash (used in) provided by financing activities, Effect of exchange rate changes on cash, cash equivalents, and restricted cash, Increase (decrease) in cash, cash equivalents, and restricted cash, including cash classified within assets held for sale, Less: Increase in cash classified within assets held for sale, Increase (decrease) in cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash at beginning of year 2, Cash, cash equivalents, and restricted cash at end of year 2. To access the telephone replay from within the U.S. and Canada, dial (866) 813-9403. For example, LIFO expense (credit) is largely dependent upon the future inflation or deflation of brand and generic pharmaceuticals, which is out of the Companys control, and acquisition-related intangibles amortization depends on the timing and amount of future acquisitions, which cannot be reasonably estimated. The access code for the replay is 796214. Memorial Day. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. U.S. Healthcare Solutions consists of the legacy Pharmaceutical Distribution Services reportable segment (excluding Profarma), MWI Animal Health, Xcenda, Lash Group, and ICS 3PL. NON-GAAP FINANCIAL MEASURES. My name is Rajam, and Ill be your operator today. AmerisourceBergen offers paid holidays for employees. (unaudited), Three Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. 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