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
Today, Altria Group, Inc. (Altria) has released its results for the fiscal six
month period and the fiscal quarter ended 30 June 2011. Altria`s results include
a reference to earnings for the quarters and six month periods ended 30 June
2011 and 2010 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 six month period ended 30 June 2011 is US$344
million (six month period ended 30 June 2010: US$251 million). The amount
disclosed for the quarter ended 30 June 2011 is US$155 million (quarter ended 30
June 2010: US$113 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 pursuant to
share option exercises.
John Davidson
General Counsel and Group Company Secretary
20 July 2011
Date: 20/07/2011 13:45:00 Produced by the JSE SENS Department.
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