FORM 20-F Grupo Casa Saba, S.A.B. de C.V.

Table of Contents
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AS OF DECEMBER 31, 2011, 2010 AND 2009
(AMOUNTS STATED IN THOUSANDS OF MEXICAN PESOS (PS.) AND THOUSANDS
OF U.S. DOLLARS ($), EXCEPT AS INDICATED OTHERWISE)
1. Description of business:
Grupo Casa Saba, S.A.B. de C.V. is a Mexican controlling company, which mainly distributes pharmaceutical products, as well as health and beauty aids/other products, entertainment
products (including magazines and books), food/non-perishable products through its operating subsidiaries (grouped in controlling subsidiaries directly or indirectly). The Group, as
an economic unit, distributes these product lines through its distribution network to supermarket chains, pharmacies (private and governmental) and retail customers throughout
Mexico, Brasil and, effective 2010, Chile and Peru.
The shares of Grupo Casa Saba, S.A.B. de C.V. are listed on the Mexican Stock Exchange as Ordinary Shares, as well as on the New York Stock Exchange as American Depositary
Shares (ADS). Each ADS represents ten Ordinary Shares.
When the terms “the Company” or “the Holding Company” are used in the notes to the financial statements, they refer to Grupo Casa Saba, S.A.B. de C.V. without its consolidated
subsidiaries. When the term “the Group” is used, it refers to Grupo Casa Saba, S.A.B. de C.V. together with its consolidated subsidiaries. When it is deemed relevant, certain amounts
presented in the notes to the financial statements include a translation into Mexican peso. These translations should not be construed as a representation that the amount in Mexican
pesos actually represents or could be converted at the exchange rates used.
The individual and consolidated financial statements and their pertinent notes were authorized to be issued by the Board of Directors on April 26, 2012, and they were submitted for
approval of the next Stockholders’ Meeting on April 27, 2012. The stockholders have the power to amend the financial statements subsequently issued, as provided for in the General
Corporate Law and the Company’s bylaws.
Main subsidiaries and associates
The Company holds the issued and outstanding capital stock of the following subsidiaries that are members of the Group:
Economic Interest
(Direct or indirect)
2011 2010
Domestic subsidiaries:
Direct interest
Casa Saba, S.A de C.V. (Casa Saba) 48.21% 48.21%
Distribuidora Casa Saba, S.A. de C.V. (Dicasa) 99.9% 99.9%
Publicaciones Citem, S.A. de C.V. (Citem) 99.9% 99.9%
Transportes Marproa, S.A. de C.V. (Marproa) 99.9% 99.9%
Farmacias ABC de México, S.A. de C.V. (Farmacias ABC) 99.9% 99.9%
Controladora de Clínicas Ambulatorias y de Rehabilitación Sports Clinic, S.A. de
C.V. (Controladora de Clínicas) 50.005% 50.005%
Centennial, S.A. de C.V. (Centennial) 99.9% 99.9%
Grupo Mexatar, S.A. de C.V. (Mexatar) 99.9% 99.9%
F-11