英美烟草集团British American Tobacco plc (BATS) 2010年年度报告「LSE」.pdf

1、ANNUAL REPORT 2010DELIVERING GROWTH THROUGH INNOVATION04030201050607080910114.232.035.238.841.947.055.966.283.799.5-70-50-30-101030British American Tobacco 14.7%Median 0.5%Upper quartileLower quartileTotal shareholder return(annual%)FTSE 100 1 January 2008 to 31 December 2010The FTSE 100 comparison

2、is based on three months average values2010 operating highlightsWe had another very good year in 2010 and we continued to drive profit andmarket share growth,delivering real value for our shareholders.millionPenceFinancial highlightsGross turnover(including duty,excise andothertaxes)43,855+8%Basic e

3、arnings per share145.2+6%10 year dividend per share(pence)1 January 2001 to 31 December 20101 Adjusted profit from operations is derived after excluding the adjusting items from the profit from operations.These adjusting items include restructuring and integration costs,amortisation and impairment o

4、f trademarks,goodwill impairment and gains on disposal of businesses ortrademarks.2 Organic growth is the growth after adjusting for mergers and acquisitions and discontinued activities.Adjustments are made to current andprior year numbers,based on the 2010 Groupposition.millionPenceRevenue14,883+5%

5、Adjusted diluted earnings per share1175.7+15%millionPenceOrganic revenue2at constant exchange rates13,814+3%Dividends per share114.2+15%million millionProfit from operations4,318+5%Free cash flow3,240+23%millionBillionAdjusted profit from operations14,984+12%Group cigarette volumes,excluding associa

6、tes708-2%1British American Tobacco Annual Report 2010British American Tobacco p.l.c.(No.3407697)Annual ReportThis is the Annual Report of the British American Tobacco Group and the Company,comprising theDirectors report and the audited financial statements,for the year ended 31 December 2010.It has