United States

Income Statements: British American Tobacco PLC (BTI.A)

BTI.A on American Stock Exchange

4:00pm EDT
Change (% chg)

$0.67 (+0.94%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Interim Income Statement
View: AnnualInterim

In Millions ofBritish Pounds
(except for per share items)

Period Length
6 Months
Revenue 8,082.0
Other Revenue, Total --
Total Revenue 8,082.0
Cost of Revenue, Total 2,111.0
Gross Profit 5,971.0
Selling/General/Admin. Expenses, Total 1,240.0
Research & Development --
Depreciation/Amortization 354.0
Interest Expense, Net - Operating --
Interest/Investment Income - Operating --
Interest Expense(Income) - Net Operating --
Unusual Expense (Income) 446.0
Other Operating Expenses, Total 1,489.0
Total Operating Expense 5,640.0
Operating Income 2,442.0
Interest Expense, Net Non-Operating (434.0)
Interest/Invest Income - Non-Operating 765.0
Interest Income(Exp), Net Non-Operating --
Gain (Loss) on Sale of Assets 51.0
Other, Net (5.0)
Net Income Before Taxes 2,819.0
Provision for Income Taxes 721.0
Net Income After Taxes 2,098.0
Minority Interest (121.0)
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items 1,977.0
Accounting Change --
Discontinued Operations --
Extraordinary Item --
Tax on Extraordinary Items --
Net Income 1,977.0
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment --
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd 1,977.0
Income Available to Com Incl ExtraOrd 1,977.0
Basic Weighted Average Shares 929.00
Basic EPS Excluding Extraordinary Items 2.128
Basic EPS Including Extraordinary Items 2.128
Dilution Adjustment 0.0
Diluted Weighted Average Shares 933.50
Diluted EPS Excluding ExtraOrd Items 2.118
Diluted EPS Including ExtraOrd Items 2.118
DPS - Common Stock Primary Issue 1.080
Gross Dividends - Common Stock 2,194.0
Total Special Items 837.0
Normalized Income Before Taxes 3,656.0
Effect of Special Items on Income Taxes 214.1
Inc Tax Ex Impact of Sp Items 935.1
Normalized Income After Taxes 2,720.9
Normalized Inc. Avail to Com. 2,599.9
Basic Normalized EPS 2.799
Diluted Normalized EPS 2.785

Fitch Maintains British American Tobacco on Rating Watch Negative

(The following statement was released by the rating agency) LONDON/MILAN, April 26 (Fitch) Fitch Ratings has maintained British American Tobacco plc's (BAT) Long-Term Issuer Default Rating (IDR) and senior unsecured ratings of 'A-' as well as its Short-Term IDR of 'F2' on Rating Watch Negative (RWN). A full list of rating actions is shown at the end of this commentary The ratings remain on RWN pending the completion of the agreed proposal by BAT's board to merge with its 42% owned associate Reyn