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SAB - SABMiller plc - Altria financial data disclosure SABMiller plc JSEALPHA CODE: SAB ISSUER CODE: SOSAB ISIN CODE: GB0004835483 SABMiller plc Altria Financial Data Disclosure RNS announcement Altria Group, Inc. (Altria) has released its full annual report filing with the SEC for the fiscal year ended 31 December 2009. Altria`s annual report filing includes the summary financial disclosures as set out below for the three years ended 31 December 2009, expressed in US GAAP at prevailing exchange rates, of which 27.3% is attributable to Altria`s economic and voting investment in SABMiller plc. These disclosures are required because of the size of Altria`s investment in SABMiller as a percentage of Altria`s total assets. Investors should note that the financial disclosures are derived from management accounts, have not been audited and may be subject to change. In relation to the US GAAP information disclosed by Altria there are a number of differences concerning the timing of recognition of results as well as differences relating to the treatment of exceptional items and the definition of the US GAAP statutory financial information compared to SABMiller`s financial information as reported under IFRS. Summary financial data relating to SABMiller is as follows: Balance Sheet As at 31 December 2008 US$m US$m Current Assets 4,495 4,266 Long-term assets 33,841 30,077 Current liabilities (5,307) (5,403) Long-term liabilities (13,199) (12,170) Non controlling interests (672) (660) Income Statement For the years ended 31 December 2009 2008 2007 US$m US$m US$m Net revenues 17,020 20,466 20,825 Operating profit 2,173 2,854 3,230 Net earnings 1,473 1,635 1,865 Today, Altria Group, Inc. (Altria) has released its results for the fiscal year and the fiscal quarter ended 31 December 2009. Altria`s results include a reference to earnings for the quarters and twelve month periods ended 31 December 2009 and 2008 from Altria`s 27.3% economic and voting investment in SABMiller plc, expressed in US GAAP at prevailing exchange rates. The amount disclosed for the year ended 31 December 2009 is US$600 million (year ended 31 December 2008: US$467 million). The amount disclosed for the quarter ended 31 December 2009 is US$158 million (quarter ended 31 December 2008: US$123 million). Investors should note that these financial results are derived from management accounts, have not been audited and may be subject to change. There are a number of differences concerning the timing of recognition of results as well as differences relating to the treatment of exceptional items, the definition of the US GAAP statutory earnings as reported by Altria compared to SABMiller`s results as reported under IFRS, and also the inclusion within Altria`s earnings of gains on the dilution of Altria`s investment in SABMiller following the issue of new SABMiller shares. 28 January 2010 Date: 28/01/2010 16:46:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
