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SABMILLER PLC - Altria Financial Data Disclosure

Release Date: 24/07/2012 14:30
Code(s): SAB
Wrap Text
Altria Financial Data Disclosure

SABMiller PLC
JSEALPHA CODE: SAB
ISIN CODE: SOSAB
ISIN CODE: GB0004835483

Altria Financial Data Disclosure

24 July 2012

Today, Altria Group, Inc. (Altria) has released its
results for the fiscal six-month period and the fiscal
quarter ended 30 June 2012. Altria's results include a
reference to earnings for the quarters and six-month
periods ended 30 June 2012 and 2011 from Altria's 26.99%
economic   and  voting   investment  in   SABMiller plc,
expressed in US GAAP at prevailing exchange rates.

The amount disclosed for the six-month period ended 30
June 2012 is US$743 million (six-month period ended 30
June 2011: US$344 million). The amount disclosed for the
quarter ended 30 June 2012 is US$223 million (quarter
ended 30 June 2011: US$155 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
share-based payments, exceptional items, the definition
of the US GAAP statutory earnings as reported by Altria
compared with 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

24 July 2012

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