Costco 2004 Annual Report Download - page 10

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NUMBER OF WAREHOUSES AT FISCAL YEAR END
Own Land and
Building
Lease Land and/or
Building Total
UNITED STATES ........................................ 256 71 327
CANADA ............................................... 55 8 63
UNITED KINGDOM ..................................... 13 2 15
KOREA ................................................. 2 3 5
TAIWAN ............................................... — 3 3
JAPAN ................................................. — 4 4
Total................................................ 326 91 417
The following schedule shows warehouse openings (net of warehouse closings) by region for the past five
fiscal years and openings (net of closings) through December 31, 2004:
Openings by Fiscal Year United States Canada
Other
International Total
Total
Warehouses
in Operation
2000 and prior ................................. 237 59 17 313 313
2001 ......................................... 27 1 4 32 345
2002 ......................................... 26 — 3 29 374
2003 ......................................... 19 1 3 23 397
2004 ......................................... 18 2 — 20 417
2005 (through 12/31/04) ......................... 6 — 1 7 424
Total..................................... 333 63 28 424
At August 29, 2004, the Company operated (through a 50%-owned joint venture, of which Costco is the
managing partner) 24 warehouses in Mexico. These warehouses are not included in the number of warehouses
open in any period because the joint venture is accounted for using the equity method and, therefore, its oper-
ations are not consolidated in the Company’s financial statements.
The Company’s headquarters are located in Issaquah, Washington. Additionally, the Company maintains
regional buying and administrative offices, operates regional cross-docking facilities (depots) for the con-
solidation and distribution of certain shipments to the warehouses, and operates various processing, packaging,
and other facilities to support ancillary and other businesses.
In addition to its broad range of high quality, nationally branded and private label merchandise, the Com-
pany has enhanced the warehouse club concept to include fresh products (meat, bakery, deli and produce) as well
as a number of ancillary businesses, including the following as of December 31, 2004:
ANCILLARY BUSINESSES
United States Canada
Other
International Total
Pharmacy................................................ 322 46 0 368
Optical Dispensing Centers .................................. 321 61 23 405
One-Hour Photo .......................................... 323 63 28 414
Food Court and Hot Dog Stands .............................. 327 63 28 418
Hearing Aid Centers ....................................... 144 11 0 155
Copy Centers ............................................. 8 0 0 8
Print Shops .............................................. 2 0 0 2
Gas Stations .............................................. 215 3 0 218
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