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

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Table of Contents (22) Subsidiary through which we purchase medical equipment. (23) Subsidiary that provides administrative, legal, accounting, tax planning, financial counseling and other professional services to Lomas Sports Clinic Ambulatorias., S.A. de C.V. and WTC Sports Clinic Ambulatorias, S.A. de C.V. (24) Subsidiary through which we provide specialized medical, rehabilitation and surgical services for short-stay patients. (25) A Chilean real estate and Service company. (26) Chilean real estate and Service company. (27) Real estate and Service companies (25 subsidiaries). Property, Plant and Equipment As of December 31, 2011, our principal properties in Mexico consisted of 22 strategically located distribution centers that represent more than 100,000 square meters of warehouse space, complete with all of the equipment necessary to operate these centers. From these centers, we filled more than 7.1 million orders in 2011, averaging more than 598,000 orders per month. The majority of our fixed assets are wholly owned and free of any liens or encumbrances. We also own a fleet of over 800 vans, trucks and cars which we use to distribute products to our customers. In addition, FASA owns its Chilean distribution center as well the equipment needed to operate this facility. This distribution center provides service to our local pharmacy stores and is free of any liens or encumberances. The facility is strategically located in the nation’s capital city in order to optimize transport to and from the points-of-sale. The following table shows our current distribution centers and their locations, as of April 15, 2012: Distribution Center Name Location (City, State) 1. Taxqueña Mexico City, Federal District 2. Chihuahua Chihuahua, Chihuahua 3. Coatzacoalcos Coatzacoalcos, Veracruz 4. Culiacán Culiacán, Sinaloa 5. Guadalajara Guadalajara, Jalisco 6. Hermosillo Hermosillo, Sonora 7. Juárez Ciudad Juárez, Chihuahua 8. La Laguna Gómez Palacio, Durango 9. León León, Guanajuato 10. Centennial Tlalnepantla, Mexico 11. Monterrey Monterrey, Nuevo León 12. Peninsular Mérida, Yucatán 13. Citem Tlalnepantla, Mexico 14. Reynosa Reynosa, Tamaulipas 15. Tampico Tampico, Tamaulipas 16. Tijuana Tijuana, Baja California 17. Drogueros, S.A. de C.V. Mexico City, Federal District 18. Tuxtla Tuxtla Gutiérrez, Chiapas 19. Vallejo Mexico City, Federal District 20. Veracruz Veracruz, Veracruz 21. Daltem Norte Monterrey, Nuevo León 22. Daltem Nacional Mexico City, Federal District 23. Droguería y Distribuidora FASA Santiago, Chile 57
Table of Contents In January 2009 we started operations in our new distribution center in Hermosillo, Sonora. The new facility quadrupled the storage capacity of the previous center and features semi-automatic picking capabilities, thus allowing for more efficient distribution to the surrounding region. In Brazil, we lease all of the properties where our retail pharmacies are located, as well as one distribution center in São João de Meriti which has approximately 5,000 square meters of storage space and is used to provide local logistics support to our pharmacies. In Mexico and Chile, we currently lease all of the properties where our retail pharmacies are located as well as the 48,750 square meter Mexican distribution center that is located in Guadalupe, Nuevo Leon and that provides service to Benavides. All of the properties, equipment and our inventory are covered by insurance policies. The insurance program includes coverage against a variety of risks such as fire and theft, as well as third party liability and the temporary shutdown of the business due to natural disasters. In addition to our distribution centers, we also own the approximately 3,500 square meter site (2,548 square meters of construction) of the Sports Clinic facility located in Tampico, Tamaulipas, as well as all of the necessary equipment for its operation. The following table shows our pharmacy locations in Mexico, Brazil, Chile and Peru2 as of December 31, 2011: Brand Location Number of Pharmacies Farmacias ABC Jalisco 74 Farmacias ABC Michoacán 26 Farmacias ABC Mexico City and State of Mexico 27 Farmacias ABC Guanajuato 21 Farmacias ABC Tampico, Tamaulipas 1 Farmacias ABC Saltillo, Coahuila 5 Drogasmil Río de Janeiro 85 Drogasmil São Paulo 3 Farmacias Ahumada, S.A. Tarapacá 6 Farmacias Ahumada, S.A. Antofagasta 10 Farmacias Ahumada, S.A. Atacama 7 Farmacias Ahumada, S.A. Coquimbo 16 Farmacias Ahumada, S.A. La Aranucanía 11 Farmacias Ahumada, S.A. Metropolitana de Santiago 189 Farmacias Ahumada, S.A. Valparaíso 39 Farmacias Ahumada, S.A. Libertador General Bernardo O’Higgins 11 Farmacias Ahumada, S.A. Maule 14 Farmacias Ahumada, S.A. Bío Bío 29 Farmacias Ahumada, S.A. Los Lagos 8 Farmacias Ahumada, S.A. Aysén del General Carlos Ibáñez del Campo 2 Farmacias Ahumada, S.A. Magallanes y de la Antártica Chilena 4 2 Please note that our Peruvian operations were sold in January of 2012 58
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UNITED STATES SECURITIES AND EXCHAN
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TABLE OF CONTENTS PART I Item 1. Id
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Table of Contents We caution you th
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Table of Contents Year ended Decemb
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Page 13 and 14: Table of Contents We Are a Holding
Page 15 and 16: Table of Contents Today, the market
Page 17 and 18: Table of Contents Any future deprec
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Page 23 and 24: Table of Contents In April of 2008,
Page 25 and 26: Table of Contents The Acquisition h
Page 27 and 28: Table of Contents On September 19,
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Page 31 and 32: Table of Contents At our annual gen
Page 33 and 34: Table of Contents We distribute the
Page 35 and 36: Table of Contents In our stores, we
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Page 39 and 40: Table of Contents In 2011, we conti
Page 41 and 42: Table of Contents To better serve s
Page 43 and 44: Table of Contents ● Mexsana talcu
Page 45 and 46: Table of Contents Payments and Coll
Page 47 and 48: Table of Contents Information Techn
Page 49 and 50: Table of Contents In addition to th
Page 51 and 52: Table of Contents (3) In Mexico, ph
Page 53 and 54: Table of Contents (4) To calculate
Page 55 and 56: Table of Contents We also offer our
Page 57 and 58: Table of Contents The devaluation o
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Page 63 and 64: Table of Contents In our Retail Pha
Page 65 and 66: Table of Contents Inflation and Int
Page 67 and 68: Table of Contents With the acquisit
Page 69 and 70: Table of Contents Results of Operat
Page 71 and 72: Table of Contents Net Income. The G
Page 73 and 74: Table of Contents On March 25, 2010
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Page 77 and 78: Table of Contents In the event that
Page 79 and 80: Table of Contents Grupo Casa Saba h
Page 81 and 82: Table of Contents Prior to the noti
Page 83 and 84: Property and equipment Our balance
Page 85 and 86: Labor obligations Our labor liabili
Page 87 and 88: Tax and legal contingencies We are
Page 89 and 90: FRS C-4. “Inventories” (FRS C-4
Page 91 and 92: Table of Contents As of the transit
Page 93 and 94: Table of Contents Name and Date of
Page 95 and 96: Table of Contents Employee Profit S
Page 97 and 98: Table of Contents The Chairman of t
Page 99 and 100: Table of Contents All related party
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Page 103 and 104: Table of Contents The table below s
Page 105 and 106: Table of Contents ● ● ● ● a
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Page 109 and 110: Table of Contents Directors Under t
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Table of Contents Forfeiture of Sha
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Table of Contents We are organized
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Table of Contents Ownership by non-
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Table of Contents ● Gain on sales
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Table of Contents We anticipate tha
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Table of Contents As a foreign priv
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Table of Contents Item 12. Item 12A
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Table of Contents During the review
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Table of Contents Since we are Mexi
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Table of Contents PART III Item 17.
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Table of Contents INDEX TO CONSOLID
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Table of Contents REPORT OF INDEPEN
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Table of Contents ATTESTATION REPOR
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Table of Contents Grupo Casa Saba,
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Table of Contents Grupo Casa Saba,
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Table of Contents NOTES TO THE CONS
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Table of Contents a) Through an ass
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Table of Contents Proforma condense
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Table of Contents 3. Significant ac
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Table of Contents The errors accoun
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Table of Contents Investments in as
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Table of Contents Effective 2011, t
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Table of Contents The Company recog
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Table of Contents The Group has cre
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Table of Contents In addition, the
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Table of Contents Foreign currency
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Table of Contents 8. Derivative fin
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Table of Contents 10. Goodwill, int
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Table of Contents At December 31, 2
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Table of Contents On January 25 and
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Table of Contents 13. Other payable
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Table of Contents 15. Foreign curre
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Table of Contents On December 18, 2
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Table of Contents c) Tax loss carry
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Table of Contents All significant t
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Table of Contents On December 7, 20
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Table of Contents ● ● For real
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Table of Contents 22. Differences b
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Table of Contents ii) For Mexican F
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Table of Contents At December 31, 2
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Table of Contents 23. Reconciliatio
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Table of Contents 24. Supplementary
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Table of Contents g) Quantitative a
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Table of Contents ● In October 20
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Table of Contents Page Representati
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CREDIT AGREEMENT (THIS “AGREEMENT
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(k) To the best of its knowledge, F
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(aa) Any and all funds used by it t
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“Authorized Officer” shall mean
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“Drawdown” shall mean each draw
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“Interest Payment Date” has the
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“Share Pledge Agreement” shall
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(g) The Lenders shall credit the am
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(e) If the Borrower defaults with a
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(iii) concurrently with the deliver
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(j) Maintenance of Property. The Bo
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(ii) To the extent permitted by the
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(ii) date thereof; Liens imposed by
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ARTICLE THIRTEEN. Conditions Preced
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(xxii) neither the execution of the
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(i) Insolvency. (i) If the Borrower
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(b) If as a result of the amendment
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(B) The Chilean Collateral Agent. (
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(iii) Neither the Chilean Collatera
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(h) Effective Term. Unless revoked
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(c) effective. Absent written notic
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This Credit Agreement is executed i
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The Chilean Collateral Agent: HSBC
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(c) If the Central Bank of Mexico s
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Joint and Several Obligations. (a)
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(k) Material Adverse Effect. If the
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Exhibit 4.3 SUMMARY OF THE IRREVOCA
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(6) defend, at its own cost and exp
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(5) the balance remaining after the
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In addition, articles Three, Four a
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(j) deliver, within five (5) days f
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Governing Law and Jurisdiction. Thi
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Servicios Corporativos Doctorgen, S
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Exhibit 12.2 CERTIFICATION I, Juan
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FORM 20-F Grupo Casa Saba, S.A.B. de C.V.

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