1、A D O L P H C O O R S C O M P A N Y 1 9 9 8 A N N U A L R E P O R TAdolph Coors Company,founded in 1873,is ranked amongthe 675 largest publicly traded corporations in the United States.Its principal subsidiary is Coors Brewing Company,the nationsthird-largest brewer.Throughout its history,Coors has
2、provided consumers withhigh-quality malt beverages produced using an all-natural brewingprocess and the finest ingredients available.The companys portfolio of products,primarily premium and above-premiumbeers,includes Coors Light the fourth-largest-selling beer in the nation,Original Coors,George Ki
3、llians Irish Red,Zima,BlueMoon specialty beers and Keystone popular-priced beers.Coorsproducts are available throughout the United States and in about30 international markets.The corporate headquarters and primary brewery are in Golden,Colorado,with other major brewing and packaging facilities inElk
4、ton,Virginia;Memphis,Tennessee;and Zaragoza,Spain.In addition,Coors owns major aluminum can and end manufacturingfacilities in Golden and is a partner in the joint venture that operatesthese plants.Coors is also a partner in a joint venture that owns and operates a glass bottle manufacturing plant i
5、n Colorado.TA B L E O F C O N T E N T SFinancial Trends and Highlights1Letter to Shareholders2Operations Review6Financial Performance Summary161998 Financial Review17Managements Discussion and Analysis18Reports from Management and Independent Accountants24Consolidated Financial Statements25Notes to
6、Consolidated Financial Statements30Selected Financial Data42Directors and Officers,Corporate Information44C O R P O R A T E P R O F I L EA B O U T T H E C O V E RThe connection between Coors and the Rocky Mountains is genuine,setting Coors apart from all other majorbrewers.Its a powerful association