British American Tobacco p.l.c. Website

British American Tobacco p.l.c.

LSE-BATS

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

25,877

25,776

25,684

27,655

27,283

26,182

Total Revenues % Chg.

5.7%

-0.4%

-0.4%

7.7%

-1.3%

-7.2%

Cost of Goods Sold, Total

4,461

4,447

4,597

4,804

4,891

4,811

Gross Profit

21,416

21,329

21,087

22,851

22,392

21,371

Selling General & Admin Expenses, Total

2,874

3,760

3,808

3,829

3,856

3,842

Depreciation & Amortization

994

1,090

1,030

962

849

1,989

Other Operating Expenses

7,135

5,536

5,341

6,408

5,046

4,575

Other Operating Expenses, Total

11,003

10,386

10,179

11,199

9,751

10,406

Operating Income

10,413

10,943

10,908

11,652

12,641

10,965

Interest Expense, Total

-1,788

-1,788

-1,471

-1,627

-1,856

-1,854

Interest And Investment Income

84

50

35

92

186

220

Net Interest Expenses

-1,704

-1,738

-1,436

-1,535

-1,670

-1,634

Income (Loss) On Equity Invest.

498

455

415

442

585

1,943

Currency Exchange Gains (Loss)

457

-176

260

-631

432

17

Other Non Operating Income (Expenses)

-302

191

-288

464

-623

-216

EBT, Excl. Unusual Items

9,362

9,675

9,859

10,392

11,365

11,075

Restructuring Charges

-565

-408

-150

-774

2

2

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

—

Impairment of Goodwill

—

—

—

—

—

-194

-209

-57

—

-4,614

-4,614

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

-24

—

—

—

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

-1

-358

6

-546

-546

Asset Writedown

—

—

-261

—

—

-123

-23,112

-23,112

Legal Settlements

—

-178

-450

-81

-177

-156

-159

Other Unusual Items

—

—

-252

65

-26

—

—

590

EBT, Incl. Unusual Items

7,912

8,672

9,163

9,324

-17,061

-16,764

Income Tax Expense

2,063

2,108

2,189

2,478

-2,872

-3,099

Earnings From Continuing Operations

5,849

6,564

6,974

6,846

-14,189

-13,665

Minority Interest

-145

-164

-173

-180

-178

-169

Net Income

5,704

6,400

6,801

6,666

-14,367

-13,834

Preferred Dividend and Other Adjustments

—

—

—

—

—

—

—

12

49

45

44

Net Income to Common Incl Extra Items

5,704

6,400

6,789

6,617

-14,412

-13,878

Net Income to Common Excl. Extra Items

5,704

6,400

6,789

6,617

-14,412

-13,878

Total Shares Outstanding

2,285.6

2,288.2

2,288.4

2,229.9

2,230.5

2,223

Weighted Avg. Shares Outstanding

2,284

2,286

2,287

2,256

2,229

2,226

Weighted Avg. Shares Outstanding Dil

2,291

2,295

2,297

2,267

2,229

2,226

EPS

2.5

2.8

3

2.9

-6.5

-6.2

EPS Diluted

2.5

2.8

3

2.9

-6.5

-6.2

EBITDA

11,407

11,904

11,809

12,376

13,275

12,739

Effective Tax Rate

26.1%

24.3%

23.9%

26.6%

16.8%

18.5%