Monster Beverage Corp (MNST) 2014年年度报告「NASDAQ」.pdf

1、41725 Outside Cover.pdf 1 6/11/15 6:33 PMUntitled-1 26/11/15 6:51 PMLetter to Stockholders.1Form 10-K.3Report of Independent Registered PublicAccounting Firm.73Consolidated Financial Statements.74Corporate Directory.113The annual meeting of stockholders will be heldat 1:00 pm on Friday,August 7,2015

2、at Monster Beverage Corporation,1 Monster Way,Corona,CA 92879Table of ContentsAnnual Meeting41725 Inside Cover.pdf 1 6/16/15 6:44 PMUntitled-2 16/16/15 6:57 PM1 TO OUR STOCKHOLDERS 2014 represented our 22nd consecutive record year of increased gross sales.Gross sales rose to$2.83 billion in 2014,fro

3、m$2.59 billion in 2013.This achievement was primarily attributable to increased sales of our Monster Energy drinks,both in the United States and internationally.2014 was also a milestone year for the Company.During the year,the Company entered into significant agreements with The Coca-Cola Company(C

4、oca-Cola),providing for a long term strategic partnership with Coca-Cola.Pursuant to such agreements,we(1)issued shares to Coca-Cola representing 16.67%of our total outstanding shares;(2)acquired Coca-Colas worldwide energy drink business;(3)sold our non-energy drink business to Coca-Cola;and(4)agre

5、ed to expand the distribution of our energy drink business in the United States with Coca-Cola bottlers and to treat the international Coca-Cola bottlers as our preferred distribution partners.In turn,Coca-Cola paid us a net cash amount of approximately$2.15 billion.We anticipate that a substantial

6、portion of this cash amount will be used to return capital to stockholders.The timing,terms and amount of any such capital return will be determined by our board of directors.The Coca-Cola transaction agreements were subject to a number of conditions and approvals,which were secured over the past 10