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SAB - SABMiller Plc - Altria Financial Data Disclosure

Release Date: 27/01/2012 15:30
Code(s): SAB
Wrap Text

SAB - SABMiller Plc - Altria Financial Data Disclosure SABMiller plc JSEALPHA CODE: SAB ISSUER CODE: SOSAB ISIN CODE: GB0004835483 SABMiller plc Altria Financial Data Disclosure Today, Altria Group, Inc. (Altria) has released its results for the fiscal year and the fiscal quarter ended 31 December 2011. Altria`s results include a reference to earnings for the quarters and twelve month periods ended 31 December 2011 and 2010 from Altria`s 27.0% economic and voting investment in SABMiller plc, expressed in US GAAP at prevailing exchange rates. The amount disclosed for the year ended 31 December 2011 is US$730 million (year ended 31 December 2010: US$628 million). The amount disclosed for the quarter ended 31 December 2011 is US$178 million (quarter ended 31 December 2010: US$191 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 accounting treatment of hedged items, exceptional items, and the definition of the US GAAP statutory earnings as reported by Altria compared to SABMiller`s results as reported under IFRS, as well as the inclusion within Altria`s earnings of gains on the dilution of Altria`s investment in SABMiller following the issue of new SABMiller shares pursuant to share option exercises. John Davidson General Counsel and Group Company Secretary 27 January 2012 Date: 27/01/2012 15:30:23 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.

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