NATIONAL COMMUNITY PHARMACISTS ASSOCIATION

Table 4 • 2008 Common-Sized (Average) Balance Sheet, Percentage of Total AssetsA L L P H A R M AC I E STO P 2 5 P E R C E N T2006 2007 2008 2006 2007 2008AssetsCurrent AssetsCash and cash equivalents 15.7% 15.5% 18.5% 22.6% 24.4% 22.8%Accounts receivable 23% 25.7% 23.4% 20.3% 19.9% 22.7%Inventory 43.1% 37.3% 38.8% 42.7% 36.5% 38.5%Other current assets 4.7% 3.7% 5% 3.7% 6.1% 6.9%Total Current Assets 86.6% 82.2% 85.7% 89.3% 86.9% 90.9%Net fixed assets 9.6% 11.5% 10.2% 8.4% 7.3% 5.6%Other assets 3.8% 6.3% 4.1% 2.3% 5.8% 3.5%Total Assets 100% 100% 100% 100% 100% 100%Liabilities and Owners’ EquityCurrent LiabilitiesNotes payable (within one year) 5.4% 8.7% 7.5% 1.6% 2.5% 4.4%Accounts payable 17.4% 15.8% 16% 12.2% 16.1% 11.1%Other current liabilities 6.1% 8.1% 5.8% 4.1% 7.1% 3.5%Total Current Liabilities 28.9% 32.6% 29.3% 17.9% 25.7% 19.0%Long-Term LiabilitiesNotes payable to owner(s) 9.5% 8% 8.3% 7.6% 7.7% 5.2%Other long-term liabilities 9% 10.5% 11.1% 8.3% 3% 8.9%Total Long-Term Liabilities 18.5% 18.5% 19.4% 16.0% 10.7% 14.1%Total Liabilities 47.4% 51.1% 48.7% 33.9% 36.4% 33.1%Total Owners’ Equity 52.6% 48.9% 51.3% 66.1% 63.6% 66.9%Total Liabilities and Owners’ Equity 100% 100% 100% 100% 100% 100%182009 NCPA Digest, sponsored by Cardinal Health