Altria Financial Data Disclosure
Today, Altria Group, Inc. (Altria) has released its results for the fiscal six month period and the fiscal quarter ended 30 June 2009. Altria's results include a reference to earnings for the quarters and six month periods ended 30 June 2009 and 2008 from Altria's 27.4% economic and voting investment in SABMiller plc, expressed in US GAAP at prevailing exchange rates.
The amount disclosed for the six month period ended 30 June 2009 is US$323 million (six month period ended 30 June 2008: US$290 million). The amount disclosed for the quarter ended 30 June 2009 is US$217 million (quarter ended 30 June 2008: US$147 million). Investors should note that these financial results are derived from management accounts, have not been audited, and may be subject to change. There are a number of differences concerning the timing of recognition of results as well as differences relating to the treatment of exceptional items, the definition of the US GAAP statutory earnings as reported by Altria compared to SABMiller's results as reported under IFRS, as well as the inclusion within Altria's earnings of gains on the dilution of Altria's investment in SABMiller following the issue of new SABMiller shares.
General Counsel and Group Company Secretary
22 July 2009