Summary
Cencora, Inc. (COR) filed an Amended 8-K on August 12, 2021, primarily to provide updated financial information related to the acquisition of Alliance Healthcare. This filing includes both audited and unaudited historical financial statements of Alliance Healthcare, as well as unaudited pro forma financial statements that combine the historical results of Cencora and Alliance Healthcare. These pro forma statements offer a look at what the combined entity's operations might have looked like for the year ended September 30, 2020, and the nine months ended June 30, 2021. The purpose of this amendment is to furnish investors with a more comprehensive view of Alliance Healthcare's financial standing and to present preliminary combined financial performance. Investors should note that the pro forma information is presented for illustrative purposes and includes assumptions that are subject to change, particularly regarding the purchase price allocation. The company has also indicated that a pro forma balance sheet is not required as Alliance Healthcare's assets and liabilities are already reflected in Cencora's consolidated balance sheet as of June 30, 2021.
Key Highlights
- 1Filing provides updated and supplemental financial information for Alliance Healthcare, the acquired entity.
- 2Includes audited combined financial statements for Alliance Healthcare for the years ended August 31, 2020 and 2019.
- 3Presents unaudited combined condensed financial statements for Alliance Healthcare as of May 31, 2021, and for the three and nine-month periods then ended.
- 4Includes unaudited condensed combined pro forma statements of operations for the year ended September 30, 2020, and nine months ended June 30, 2021.
- 5Pro forma financial information is preliminary, based on management's best estimates, and subject to change.
- 6No pro forma balance sheet is required as Alliance Healthcare's financials are already consolidated.
- 7This filing supersedes prior pro forma statements for the year ended September 30, 2020.