China seminar - Slide presentation - 28 September 2000 - SABMiller
China seminar - Slide presentation - 28 September 2000 - SABMiller
China seminar - Slide presentation - 28 September 2000 - SABMiller
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Funding Expansion<br />
! Expansion funded internally<br />
! Reinvestment of dividends<br />
" within People’s Republic of <strong>China</strong><br />
" outside People’s Republic of <strong>China</strong><br />
! Use of local borrowings<br />
" decrease cost of capital<br />
" low cost<br />
" natural hedge<br />
! Strong balance sheet<br />
" low gearing