Molson Coors Beverage Company (TAP) 1996年年度报告「TSX」.pdf

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1、A d o l p h C o o r s C o m p a n y1 9 9 6 A n n u a l R e p o r tTable of ContentsFinancial Trends and Highlights1Letter to Shareholders2Operations and Industry Overview6Financial Review and Trends12Managements Discussion and Analysis13Reports from Management andIndependent Accountants18Consolidate

2、d Financial Statements19Notes to Consolidated Financial Statements24Selected Financial Data Ten-Year Summary34Directors and OfficersCorporate Information36Adolph Coors Company,founded in 1873,isranked among the 650 largest publicly tradedcorporations in the United States.Its principalsubsidiary is C

3、oors Brewing Company,thenations third-largest brewer.Throughout its history,Coors has provided consumers withquality malt beverages produced using an all-natural brewing process and the finestingredients available.The companys portfolio of products includes Coors Light the fourth-largest-selling bee

4、r in the country,Original Coors and some two dozenother malt-based beverages,primarily premiumand superpremium beers.Coors products areavailable throughout the United States and inmore than 40 international markets.The corporate headquarters and primarybrewery are in Golden,Colorado,with othermajor

5、brewing and packaging facilities inElkton,Virginia;Memphis,Tennessee;andZaragoza,Spain.The company is also party to ajoint venture that owns a brewery in Cheong-won,South Korea.In addition,Coors ownsmajor aluminum can and glass bottle manufac-turing facilities in Colorado and is a partnerin the join

6、t ventures that operate these plants.C o r p o r a t e P r o f i l eAbout the CoverCoors Brewing Company has aunique heritage of brewing high-quality beers that are as cold and refreshing as the Rocky Mountains.*From continuing operations only,excluding net special credits(in 1995 and 1994)and speci