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

Table of Contents
Under ASU 2011-05 an entity has the option to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in
a single continuous statement of comprehensive income or in two separate but consecutive statements. In both choices, an entity is required to present each component of net income
along with total net income, each component of other comprehensive income along with a total for other comprehensive income, and a total amount for comprehensive income. In a
single continuous statement, the entity is required to present the components of net income and total net income, the components of other comprehensive income and a total for other
comprehensive income, along with the total of comprehensive income in that statement. In the two-statement approach, an entity is required to present components of net income and
total net income in the statement of net income. The statement of other comprehensive income should immediately follow the statement of net income and include the components of
other comprehensive income and a total for other comprehensive income, along with a total for comprehensive income.
ASU 2011-05 should be applied retrospectively. For public entities it is effective for fiscal years beginning after December 15, 2011. Early adoption is permitted. Management is in the
process of evaluating the impact that adopting ASU 2011-15 will have on the Company's financial statements.
● ASU 2011-08 “Intangible-Goodwill and Other (Topic 350): Testing Goodwill for Impairment (ASU 2011-08)
Under ASU 2011-08, an entity has the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more
likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, an entity determines it is not more likely
than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. However, if an entity concludes otherwise,
then it is required to perform the first step of the two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the
reporting unit, as described in paragraph 350-20-35-4. If the carrying amount of a reporting unit exceeds its fair value, then the entity is required to perform the second step of the
goodwill impairment test to measure the amount of the impairment loss, if any, as described in paragraph 350-20-35-9. Under ASU 2011-08, an entity has the option to bypass the
qualitative assessment for any reporting unit in any period and proceed directly to performing the first step of the two-step goodwill impairment test. An entity may resume performing
the qualitative assessment in any subsequent period.
ASU 2011-08 is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. Early adoption is permitted. Management is in
the process of evaluating the impact that adopting ASU 2011-15 will have on the Company's financial statements.
Item 6.
Directors, Senior Management and Employees
Board of Directors
The following table sets forth the names of our directors, their dates of birth, their principal occupations, their business experience, including other directorships, and
the number of years of service they have as directors. All of these individuals were elected by our shareholders at our annual shareholders’ meeting, which was held on April 27, 2012.
Directors
Name and Date of Birth Principal Occupation Business Experience First Elected
Manuel Saba Ades
(11/03/67)
Chairman of the Board
Director – Xtra Inmuebles, S.A. de C.V. and
of Grupo Casa Saba, S.A.B. de
C.V. Member of the Board of Grupo Xtra
S.A., de C.V. and of Ixe Grupo Financiero,
S.A.B. de C.V.
April 2009
Alberto Saba Ades
(07/09/65)
Vice Chairman of the Board
Director – Xtra Inmuebles, S.A. de C.V.
Chairman of the Board of Grupo Xtra, S.A.
de C.V.
February 2000
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