英美烟草集团British American Tobacco plc (BATS) 2015年年度报告「LSE」.pdf

1、Annual Report 2015Delivering today Investing in tomorrowSTRATEGIC REPORTOverviewOur year in numbers 01Our global business 02Chairmans introduction 04Strategic managementChief Executives review 06Our vision and strategy 08Our business model 10Industry insight 12Delivering our strategy 13Our Global Dr

2、ive Brands in 2015 22Our global performance 23Regional review 24Financial ReviewIncome Statement 28EPS,dividends and financing 31Alternative cash flow 33Non-GAAP measures and other information 35Business environmentPrincipal Group risk factors 37GOVERNANCEDirectors ReportChairmans introduction 46Gov

3、ernance framework 47Board of Directors 48Management Board 50Board activities in 2015 52Board effectiveness 54Audit Committee 58Corporate Social Responsibility(CSR)Committee 64Nominations Committee 66Remuneration Report 67Other corporate disclosures 113Responsibility of Directors 120FINANCIAL STATEME

4、NTSGroup Financial Statements 121Group Companies and Undertakings 206Parent Company Financial Statements 213Shareholder and contact information 220British American Tobacco p.l.c.(No.3407696)AnnualReport 2015This is the Annual Report of British American Tobacco p.l.c.(the Company)and the British Amer

5、ican Tobacco Group,comprising the Strategic Report,Directors Report and the audited Financial Statements for the year ended 31 December 2015.It has been drawn up and is presented in accordance with,and reliance upon,applicable English company law.The liabilities of the Directors in connection with t

6、his report shall be subject to the limitations and restrictions provided by such law.The Annual Report is published on .A printed copy is mailed to shareholders on the UK main register who have elected to receive it.Otherwise,shareholders are notified that the Annual Report is available on the websi