Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Wed 20 Oct 2010, 16:00 SAB - SABMiller plc - Altria Financial Data Disclosure
SAB
SOSAB                                                                           
SAB - SABMiller plc - Altria Financial Data Disclosure                          
JSEALPHA CODE: SAB                                                              
ISSUER CODE: SOSAB                                                              
ISIN CODE: GB0004835483                                                         
SABMiller plc                                                                   
Altria Financial Data Disclosure                                                
20 October 2010                                                                 
Today, Altria Group, Inc. (Altria) has released its results for the fiscal nine 
month period and the fiscal quarter ended 30 September 2010. Altria`s results   
include a reference to earnings for the quarters and nine month periods ended 30
September 2010 and 2009 from Altria`s 27.1% economic and voting investment in   
SABMiller plc, expressed in US GAAP at prevailing exchange rates.               
The amount disclosed for the nine month period ended 30 September 2010 is US$437
million (nine month period ended 30 September 2009: US$442 million).  The amount
disclosed for the quarter ended 30 September 2010 is US$186 million (quarter    
ended 30 September 2009: US$119 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, 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.   
John Davidson                                                                   
General Counsel and Group Company Secretary                                     
20 October 2010                                                                 
Date: 20/10/2010 16:00:01 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.                                          
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: