SABMiller PLC SAB Altria Financial Data Disclosure

  SABMiller PLC (SAB) - Altria Financial Data Disclosure

RNS Number : 5421P
SABMiller PLC
25 October 2012




SABMiller
plc

Altria Financial Data Disclosure



25 October 2012



Today, Altria Group, Inc. (Altria) has released its results for the fiscal
nine-month period and the fiscal quarter ended 30 September 2012. Altria's
results include a reference to earnings for the quarters and nine-month
periods ended 30 September 2012 and 2011 from Altria's 26.96% 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 2012 is
US$973 million (nine-month period ended 30 September 2011: US$552 million).
The amount disclosed for the quarter ended 30 September 2012 is US$230 million
(quarter ended 30 September 2011: US$208 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 accounting treatment of share-based payments, exceptional
items, the definition of the US GAAP statutory earnings as reported by Altria
compared with 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







                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCFELFLLBFLFBK -0- Oct/25/2012 12:00 GMT
 
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