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SAB  SABMILLER PLC  ORD $0.10

SABMILLER  Currency GBX  Premium Equity Commercial Companies
Company



Income Statement  (£ m) 31-Mar-12 31-Mar-11 31-Mar-10 31-Mar-09 31-Mar-08
Continuing Operations
Revenue  13618.73 12107.30 11873.23 13073.54 10788.07
Operating Profit/(Loss)  3137.44 1950.72 1725.64 2200.48 1737.38
Net Interest  494.43 433.56 506.03 644.49 289.23
Profit Before Tax  3506.70 2262.01 1929.89 2067.66 1644.66
Profit After Tax  2801.98 1595.13 1371.15 1507.76 1152.88
Discontinued Operations
Profit After Tax  0.00 0.00 0.00 0.00 0.00
PROFIT FOR THE PERIOD  2801.98 1595.13 1371.15 1507.76 1152.88
Attributable to:
Minority Interests  -160.22 -92.95 -112.67 -192.93 -133.53
Equity Holders of Parent Company  2641.76 1502.18 1258.48 1314.83 1019.35
 
Continuing EPS
Earnings per Share - Basic  166.85p 95.32p 80.78p 87.52p 67.97p
Earnings per Share - Diluted  165.10p 94.70p 80.45p 87.10p 67.62p
Earnings per Share - Adjusted  134.44p 119.46p 106.15p 96.11p 72.11p
Continuing and Discontinued EPS
Earnings per Share - Basic  166.85p 95.32p 80.78p 87.52p 67.97p
Earnings per Share - Diluted  165.10p 94.70p 80.45p 87.10p 67.62p
Earnings per Share - Adjusted  134.44p 119.46p 106.15p 96.11p 72.11p
 
Dividend per Share  51.82p 45.73p 35.58p 31.65p 25.31p

Balance Sheet  (£ m) 31-Mar-12 31-Mar-11 31-Mar-10 31-Mar-09 31-Mar-08
Assets
Non-Current Assets
Property, Plant & Equipment  5454.37 5597.63 4803.32 4656.09 4129.30
Intangible Assets  18793.97 10179.66 10498.12 8708.23 10162.75
Investment Properties  0.00 0.00 0.00 0.00 0.00
Investments  6612.84 5322.52 5294.20 5090.17 920.09
Other Financial Assets  458.13 205.86 269.49 485.81 104.81
Other Non-Current Assets  542.62 447.29 1276.27 740.95 780.51
  31861.94 21752.96 22141.40 19681.25 16097.45
Current Assets
Inventories  785.46 783.53 853.27 867.47 686.28
Trade & Other Receivables  1651.02 1147.22 1186.01 1219.07 1035.47
Cash at Bank & in Hand  466.27 665.63 513.28 294.98 339.11
Current Asset Investments  15.02 9.98 13.18 45.44 22.68
Other Current Assets  50.07 41.17 0.66 0.00 0.00
  2967.83 2647.54 2566.38 2426.95 2083.54
 
Total Assets  34829.77 24400.50 24707.78 22108.21 18180.99
 
Liabilities
Current Liabilities
Borrowings  -664.66 -839.05 -1057.52 -1501.47 -1039.00
Other Current Liabilities  -3584.93 -2915.16 -2881.33 -2234.73 -2113.78
  -4249.59 -3754.21 -3938.85 -3736.19 -3152.78
 
Net Current Assets  -1281.76 -1106.68 -1372.47 -1309.24 -1069.23
 
Non-Current Liabilities
Borrowings  -11368.13 -4438.55 -5145.29 -5221.59 -3827.47
Provisions  -2818.25 -1895.82 -1862.69 -1679.72 -1587.22
Other Non-Current Liabilities  -113.28 -114.16 -192.40 -204.81 -420.74
  -14299.66 -6448.53 -7200.37 -7106.11 -5835.43
 
Other Liabilities  n/a n/a n/a n/a n/a
Total Liabilities  -18549.25 -10202.75 -11139.22 -10842.30 -8988.21
 
Net Assets  16280.51 14197.75 13568.56 11265.90 9192.79
 
Capital & Reserves
Share Capital  103.89 103.56 108.72 111.14 79.61
Share Premium Account  4055.58 3982.53 4158.93 4332.45 3111.96
Other Reserves  4108.15 4034.31 3892.73 1763.60 2826.77
Retained Earnings  7424.58 5608.86 4958.16 4540.75 2822.23
Shareholders Funds  15692.20 13729.26 13118.54 10747.94 8840.57
 
Minority Interests/Other Equity  588.31 468.50 450.02 517.96 352.21
Total Equity  16280.51 14197.75 13568.56 11265.90 9192.79
Ratios - based on IFRS 31-Mar-12 31-Mar-11 31-Mar-10 31-Mar-09 31-Mar-08
Continuing Operations
PE Ratio - Adjusted  18.67 18.48 18.20 10.79 15.31
PEG - Adjusted  1.49 1.47 1.74 0.32 0.84
Earnings per Share Growth - Adjusted  12.53% 12.55% 10.44% 33.30% 18.32%
Dividend Cover  2.59 2.61 2.98 3.04 2.85
Revenue Per Share  860.31p 768.23p 762.08p 870.41p 719.20p
Pre-Tax Profit per Share  221.52p 143.53p 123.87p 137.66p 109.64p
Operating Margin  23.88% 16.74% 14.12% 16.04% 16.22%
Return on Capital Employed  32.43% 24.09% 21.87% 24.74% 35.27%
 
Continuing & Discontinued Operations
Dividend Yield  2.06% 2.07% 1.84% 3.05% 2.29%
Dividend per Share Growth  13.31% 28.54% 12.41% 25.05% 5.86%
Net Asset Value per Share (exc. Intangibles)  -194.80p 223.67p 165.57p 135.26p -87.81p
Net Gearing  73.71% 33.59% 43.37% 59.81% 51.21%

Data is provided by Morningstar


SABMILLER - Fundamentals

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