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

Thu 27 Jan 2011, 15:30 SAB - SABMiller Plc - Altria financial data disclosure
SAB
SOSAB                                                                           
SAB - SABMiller Plc - Altria financial data disclosure                          
SABMiller plc                                                                   
JSEALPHA CODE: SAB                                                              
ISSUER CODE: SOSAB                                                              
ISIN CODE: GB0004835483                                                         
SABMiller plc                                                                   
Altria Financial Data Disclosure                                                
27 January 2011                                                                 
Today, Altria Group, Inc. (Altria) has released its results for the fiscal      
year and the fiscal quarter ended 31 December 2010.  Altria`s results include   
a reference to earnings for the quarters and twelve month periods ended 31      
December 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 year ended 31 December 2010 is US$628 million      
(year ended 31 December 2009: US$600 million). The amount disclosed for the     
quarter ended 31 December 2010 is US$191 million (quarter ended 31 December     
2009: US$158 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                                     
27 January 2011                                                                 
Date: 27/01/2011 15:30:01 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: