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The Company has substantial equity positions in approximately 43 unconsolidated bottling, canning and distribution operations for its products worldwide, including bottlers representing approximately 51% of the Company's total U.S. unit case volume in 1996. Of these, significant equity method investee bottlers include the following -
. The Company's ownership interest in Coca-Cola Enterprises is approximately 45%. Coca-Cola Enterprises is the world's largest bottler of the Company's beverage products. Net sales of concentrates and syrups by the Company to Coca-Cola Enterprises were $1.6 billion in 1996. Coca-Cola Enterprises also purchases high fructose corn syrup from the Company; however, related collections from Coca-Cola Enterprises and payments to suppliers are not included in the Company's consolidated statements of income. Coca-Cola Enterprises estimates that the territories in which it markets beverage products to retailers (which include portions of 41 states, the District of Columbia, the U.S. Virgin Islands, Great Britain, the Netherlands, France and Belgium) contain approximately 55% of the United States population, 100% of the populations of Great Britain, the Netherlands and Belgium and 98% of the population of France.
In 1996, approximately 67% of the unit case volume of Coca-Cola Enterprises (excluding products in post-mix (fountain) form) was Coca-Cola Trademark Beverages, approximately 24% of its unit case volume was other Company Trademark Beverages, and approximately 9% of its unit case volume was beverage products of other companies. Coca-Cola Enterprises' net sales of beverage products were approximately $7.9 billion in 1996.
In 1996, Coca-Cola Amatil issued approximately 46 million shares of common stock in exchange for approximately U.S.$522 million. The issuance reduced the Company's ownership interest in Coca-Cola Amatil from approximately 39% to approximately 36%. Coca-Cola Amatil is the largest bottler of the Company's beverage products in Australia and also has bottling and distribution rights, through direct ownership or joint ventures, in New Zealand, Fiji, Austria, Hungary, Papua New Guinea, the Czech and Slovak Republics, Indonesia, Belarus, Slovenia, Ukraine, Poland, Switzerland, Romania, Bosnia-Herzegovina and Croatia. Coca-Cola Amatil estimates that the territories in which it markets beverage products contain approximately 99% of the population of Australia, 100% of the populations of New Zealand, Fiji, Austria, Switzerland, Poland, Hungary, Croatia, the Czech and Slovak Republics, Belarus, Slovenia and Ukraine, 83% of the population of Papua New Guinea, 97% of the population of Indonesia, 46% of the population of Romania and 74% of the population of BosniaHerzegovina. In 1996, Coca-Cola Amatil's net sales of beverage products were approximately U.S.$2.9 billion.
In 1996, approximately 57% of the unit case volume of Coca-Cola Amatil was Coca-Cola Trademark Beverages, approximately 36% of its unit case volume was other Company Trademark Beverages, approximately 5% of its unit case volume was beverage products of Coca-Cola Amatil and approximately 2% of its unit case volume was beverage products of other companies.
The Company owns a 30% economic interest in Coca-Cola FEMSA, a Mexican holding company with bottling subsidiaries in the Valley of Mexico, Mexico's southeastern region and Argentina. Coca-Cola FEMSA estimates that the territories in which it markets beverage products contain approximately 29% of the population of Mexico and 29% of the population of Argentina.
In 1996, Coca-Cola FEMSA's net sales of beverage products were approximately U.S.$944 million. In 1996, approximately 78% of the unit case volume of Coca-Cola FEMSA was Coca-Cola Trademark Beverages, approximately 20% of its unit case volume was other Company Trademark Beverages, and approximately 2% of its unit case volume was beverage products of other companies.
The Company owns a 30% interest in CCBPI, the only bottler authorized to manufacture and distribute beverage products of the Company in the Philippines. In 1996, CCBPI's net sales of beverage products were approximately U.S.$896 million.
In 1996, approximately 73% of the unit case volume of CCBPI was Coca-Cola Trademark Beverages, approximately 19% of its unit case volume was other Company Trademark Beverages, and approximately 8% of its unit case volume was beverage products of other companies.
Under the terms of the Coca-Cola Nestle Refreshments ("CCNR") joint venture involving the Company, Nestle S.A. and certain subsidiaries of Nestle S.A., the Company manages CCNR's ready-to-drink tea business and Nestle S.A. manages CCNR's ready-to-drink coffee business. The joint venture is applicable to ready-to-drink tea and coffee beverages in the United States and approximately 39 other countries.
During 1996, The Minute Maid Company entered into a joint venture agreement with Groupe Danone to produce, distribute and sell premium refrigerated ready-to-serve fruit juice products. These products will be marketed by the joint venture in selected countries outside the United States and Canada, with an initial focus in Europe and Latin America. The Minute Maid Company has a 50% ownership interest in the joint venture.