Annual Report 2009 - British American Tobacco

RESULTS AT A GLANCE
GROUP RESULTS 2009
GROSS TURNOVER
(including duty, excise and other taxes)
TOTAL SHAREHOLDER RETURN
£ MILLION
40,713
+20%
British American Tobacco continued to deliver sustainable growth
and had another very successful year. Group revenue was 17 per cent
higher (10 per cent at constant rates of exchange). Group profit from
operations was 15 per cent up, 20 per cent on adjusted profit from
operations (10 per cent at constant rates).
Group volume from subsidiaries, at 724 billion, was up by 1 per cent.
Adjusted diluted earnings per share were 19 per cent higher and
dividends for the year also increased by 19 per cent.
BASIC EARNINGS PER SHARE
REVENUE ADJUSTED DILUTED
14,208 EARNINGS PER SHARE
+17%
PROFIT FROM OPERATIONS 4,101
+15%
DIVIDENDS PER SHARE
ADJUSTED PROFIT FROM
OPERATIONS
GROUP CIGARETTE VOLUMES,
EXCLUDING ASSOCIATES
FTSE 100 – 1 January 2007 to 31 December 2009
The FTSE 100 comparison is based on three months’
average values.
ANNUAL %
30
00
-30
-60
■ Upper quartile
■ Lower quartile
British American Tobacco 15.5%
Median (1.3)%
4,461
+20%
BILLIONS
724
+1%
GROUP CIGARETTE VOLUMES,
INCLUDING ASSOCIATES
10 YEAR EARNINGS PER SHARE
Adjusted diluted EPS
137.0
+11%
153.0
+19%
99.5
+19%
Cautionary statement The Business review and certain other sections of the Annual Report contain forward-looking statements which are subject to risk factors
associated with, among other things, the economic and business circumstances occurring from time to time in the countries and markets in which the Group
operates. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a wide range of variables which could
cause actual results to differ materially from those currently anticipated.
PENCE
56.9
00
01 02 03 04 05 06 07 08
153.0
09
PENCE
BILLIONS
907
-1%