british american tobacco p.l.c. annual report 2008 - Five year summary
British American Tobacco p.l.c. Annual Report 2008
| For the years ended 31 December | 2008 £m | 2007 restated £m | 2006 restated £m | 2005 restated £m | 2004 restated £m |
|---|---|---|---|---|---|
| Income statement | |||||
| Gross turnover (including duty, excise and other taxes) | 33,921 | 27,104 | 25,503 | 24,082 | 31,934 |
| Revenue (after deducting duty, excise and other taxes) | 12,122 | 10,018 | 9,762 | 9,325 | 10,768 |
| Profit from operations* | 3,572 | 2,904 | 2,632 | 2,426 | 3,763 |
| Profit before taxation | 3,684 | 3,077 | 2,774 | 2,590 | 3,640 |
| Profit for the year (before minority interest) | 2,659 | 2,287 | 2,057 | 1,898 | 2,966 |
| *after (charging)/crediting | |||||
| – restructuring and integration costs | (160) | (173) | (216) | (271) | (206) |
| – Canadian settlement | (102) | ||||
| – amortisation of trademarks | (24) | ||||
| – gains on disposal of businesses and trademarks | 141 | 75 | 41 | 72 | 1,427 |
| – investment costs written off | (50) |
| 2008 pence | 2007 restated pence | 2006 restated pence | 2005 restated pence | 2004 restated pence | |
|---|---|---|---|---|---|
| Earnings per share | |||||
| – basic unadjusted | 123.28 | 105.19 | 92.57 | 84.48 | 133.81 |
| – diluted unadjusted | 122.54 | 104.46 | 91.81 | 83.80 | 131.50 |
| – diluted adjusted | 128.78 | 108.53 | 98.60 | 89.48 | 76.67 |
| Dividends declared per share | 83.70 | 66.20 | 55.90 | 47.00 | 41.90 |
| At 31 December | 2008 £m | 2007 restated £m | 2006 restated £m | 2005 restated £m | 2004 restated £m |
|---|---|---|---|---|---|
| Balance sheet | |||||
| Non-current assets | 18,809 | 13,398 | 12,401 | 13,093 | 12,095 |
| Current assets | 8,742 | 5,366 | 5,391 | 5,904 | 5,680 |
| Total assets | 27,551 | 18,764 | 17,792 | 18,997 | 17,775 |
| Shareholders’ funds | 6,944 | 6,871 | 6,357 | 6,264 | 5,878 |
| Minority interests | 271 | 218 | 227 | 247 | 198 |
| Total equity | 7,215 | 7,089 | 6,584 | 6,511 | 6,076 |
| Non-current liabilities | 11,435 | 7,121 | 6,755 | 6,650 | 7,259 |
| Current liabilities | 8,901 | 4,554 | 4,453 | 5,836 | 4,440 |
| Total liabilities | 20,336 | 11,675 | 11,208 | 12,486 | 11,699 |
| Total equity and liabilities | 27,551 | 18,764 | 17,792 | 18,997 | 17,775 |
The restatement of prior years principally reflects the change in Group accounting policy for actuarial gains and losses together with the adoption of IFRIC14 as explained in note 1 and note 12.
Certain reclassifications have been made in respect of gross turnover in 2008; as a result historical information has been re-presented.
© British American Tobacco