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SABMILLER PLC - Altria Financial Data Disclosure

Release Date: 02/02/2015 10:00
Code(s): SAB     PDF:  
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Altria Financial Data Disclosure

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

Altria Financial Data Disclosure


2 February 2015

Altria Group, Inc. (Altria) has released its full annual report filing with the SEC for the fiscal
year ended 31 December 2014. Altria’s annual report filing includes the summary financial
disclosures relating to SABMiller plc as set out below for the three years ended 31 December
2014, expressed in US GAAP at prevailing exchange rates, of which approximately 27% 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 accounting treatment of share-based payments,
exceptional items and the definition of the US GAAP statutory financial information compared
with SABMiller’s financial information as reported under IFRS.

Summary financial data relating to SABMiller is as follows:


 Balance Sheet                                           As at 31 December
                                                            2014           2013
                                                           US$m          US$m

 Current assets                                              5,878            5,833
 Long-term assets                                          43,812           48,460
 Current liabilities                                      (10,051)           (8,177)
 Long-term liabilities                                    (14,731)         (20,315)
 Non-controlling interests                                  (1,241)          (1,202)


 Income Statement                                        For the years ended 31 December
                                                           2014            2013          2012
                                                          US$m            US$m          US$m

 Net revenues                                             22,380           22,684           23,449
 Operating profit                                          4,478            4,201            5,243
 Net earnings                                              3,532            3,375            4,362



Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

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