Annual report 2010 - Imperial Tobacco Group

Financial HighlightsVolumes 1 2010 Change 2009White stick equivalents KPI 348.5bn -2.9% 358.8bnCigarettes KPI 308.7bn -4.2% 322.2bnFine cut tobacco 39.8bn +8.7% 36.6bnFinancial Highlights – adjusted basis 2 2010 Change 2009Tobacco net revenue KPI £7,055m +3% £6,818mLogistics distribution fees £936m -3% £964mAdjusted operating profit £3,067m +5% £2,933mAdjusted profit before tax £2,467m +10% £2,233mAdjusted earnings per share KPI 178.8p +11% 161.8pFinancial Highlights – reported basis 2010 Change 2009Revenue £28,173m +6% £26,517mOperating profit £2,528m +8% £2,337mProfit before tax £2,118m +124% £945mBasic earnings per share 148.5p +127% 65.5pDiluted earnings per share 148.0p +127% 65.3pDividend per share 84.3p +15% 73.0p1 White stick equivalents reflects our combined cigarette and fine cut tobacco volumes.2 Management believes that these non-GAAP measures provide a useful comparison of business performance and reflect the way in which the business iscontrolled. Definitions are included in our accounting policies within the notes to the financial statements. Reconciliations between adjusted and reportedmeasures are also included in the relevant notes.Performance Highlights+3%Tobacco netrevenue growth+8.7%Fine cut tobaccovolume growth+5%Adjustedoperating profit2