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Altria Financial Data Disclosure

5th Aug 2014 09:30

RNS Number : 2684O
SABMiller PLC
05 August 2014
 



 

SABMiller plc

Altria Financial Disclosure

 

5 August 2014

 

Yesterday, Altria Group, Inc. (Altria) filed with the Securities and Exchange Commission (SEC) the consolidated financial statements of the SABMiller plc group as of and for the years ended 31 March 2014, 2013 and 2012 as required by Rule 3-09 of SEC Regulation S-X (Rule 3-09). In accordance with SEC requirements, these consolidated financial statements, which are also available on the SABMiller website, www.sabmiller.com, have been prepared in accordance with IFRS and not in accordance with IFRS as adopted by the European Union, which is the basis of preparation of the consolidated financial statements included within the SABMiller Annual Report 2014. 

In addition to an extra comparative year, differences between the two sets of consolidated financial statements primarily relate to the timing of adoption of new or revised accounting standards. In particular, the consolidated financial statements prepared in accordance with IFRS include the adoption of IFRSs 10, 11 and 12, together with revisions of IASs 27 and 28. The adoption of these new and revised standards has no impact on the consolidated income statements, the consolidated statements of comprehensive income, the consolidated balance sheets, or the consolidated cash flow statements of the SABMiller group, although there are differences in the notes to the consolidated financial statements, principally relating to the group's joint ventures and associates.

 

John Davidson

General Counsel and Group Company Secretary

5 August 2014

This information is provided by RNS
The company news service from the London Stock Exchange
 
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