Business Context and Reporting Period
Company: Molson Coors Brewing Company
Filing Type: Form 8-K (Current Report)
Date of Report: November 14, 2013
Event: The Board of Directors approved a resolution to change the Company's fiscal year from a 52/53 week fiscal year to a calendar year.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document is strictly administrative regarding the fiscal calendar change.
Material Changes Versus Prior Period
- Fiscal Year Structure: The current fiscal year is extended from December 28, 2013, to December 31, 2013.
- Future Reporting Periods: Beginning January 1, 2014, fiscal years will begin on January 1 and end on December 31.
- Quarterly Reporting: Starting in 2014, quarterly results will cover the three-month periods ending March 31, June 30, September 30, and December 31.
- Transition Reporting: No transition report is required as the new fiscal year commences within seven days of the prior fiscal year end.
Guidance, Outlook, and Risks
The filing contains no management guidance, outlook, risk factors, contingencies, or discussion of unusual items. The change is deemed not to constitute a change in fiscal year for purposes of Rule 13a-10 or Rule 15d-10 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Confirm the exact dates of the extended current fiscal year (ending December 31, 2013).
- Verify the alignment of future quarterly reporting periods with calendar quarters starting in 2014.
- Note that no transition report will be filed for this fiscal year change.