RNS Number : 7187U
SABMiller PLC
20 October 2010
 



 

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

 

 

 

 

 

 

 

 


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