British American Tobacco (BATS)

Sector:

Tobacco

Index:

FTSE 100

2,711.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 3,619.00
  • 52 Week Low: 2,375.00
  • Currency: UK Pounds
  • Shares Issued: 2,293.81m
  • Volume: 327,925
  • Market Cap: £62,185m
  • RiskGrade: 151
  • Beta: 0.00

Dividend Data

  31-Dec-1831-Dec-1731-Dec-1631-Dec-1531-Dec-14
Q1 Dividend48.80pn/an/an/an/a
Q2 Dividend48.80pn/an/an/an/a
Q3 Dividend48.80pn/an/an/an/a
Q4 Dividend48.80pn/an/an/an/a
Total Dividend195.20p100.10p169.40p154.00p148.10p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Continuing Operations          
Revenue 24,492.00 19,564.00 14,751.00 13,104.00 13,971.00
Operating Profit/(Loss) 9,313.00 6,412.00 4,655.00 4,557.00 4,546.00
Net Interest (1,381.00) (1,094.00) (637.00) 62.00 (417.00)
Profit Before Tax 8,351.00 29,527.00 6,245.00 5,855.00 4,848.00
Profit After Tax 6,210.00 37,656.00 4,839.00 4,522.00 3,393.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 6,210.00 37,656.00 4,839.00 4,522.00 3,393.00
Attributable to:          
Equity Holders of Parent Company 6,032.00 37,485.00 4,648.00 4,290.00 3,115.00
Minority Interests 178.00 171.00 191.00 232.00 278.00
           
Continuing EPS          
Earnings per Share - Basic 264.00p 1,833.90p 250.20p 230.90p 83.55p
Earnings per Share - Diluted 263.20p 1,827.60p 249.20p 230.30p 83.30p
Earnings per Share - Adjusted 297.60p 283.10p 248.40p 208.90p 104.35p
Continuing and Discontinued EPS          
Earnings per Share - Basic 264.00p 1,833.90p 250.20p 230.90p 83.55p
Earnings per Share - Diluted 263.20p 1,827.60p 249.20p 230.30p 83.30p
Earnings per Share - Adjusted 297.60p 283.10p 248.40p 208.90p 104.35p
           
Dividend per Share 203.00p 195.20p 169.40p 154.00p 74.05p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Assets          
Non-Current Assets          
Property, Plant & Equipment 5,166.00 4,882.00 3,661.00 3,021.00 3,004.00
Intangible Assets 124,013.00 117,785.00 12,117.00 10,436.00 10,804.00
Investment Properties n/a n/a n/a n/a n/a
Investments 1,776.00 1,619.00 9,507.00 6,938.00 2,400.00
Other Financial Assets 556.00 590.00 596.00 287.00 287.00
Other Non-Current Assets 2,176.00 2,212.00 1,533.00 1,019.00 540.00
  133,687.00 127,088.00 27,414.00 21,701.00 17,035.00
Current Assets          
Inventories 6,029.00 5,864.00 5,793.00 4,247.00 4,133.00
Trade & Other Receivables 3,662.00 4,513.00 3,953.00 3,340.00 2,825.00
Cash at Bank & in Hand 2,602.00 3,291.00 2,204.00 1,963.00 1,818.00
Current Asset Investments 178.00 65.00 n/a n/a n/a
Other Current Assets 184.00 233.00 390.00 264.00 356.00
  12,655.00 13,966.00 12,340.00 9,814.00 9,132.00
           
Other Assets n/a n/a 19.00 n/a n/a
Total Assets 146,342.00 141,054.00 39,773.00 31,515.00 26,167.00
           
Liabilities          
Current Liabilities          
Borrowings 4,225.00 5,423.00 3,007.00 2,195.00 2,479.00
Other Current Liabilities 12,104.00 10,182.00 8,849.00 6,811.00 6,290.00
  16,329.00 15,605.00 11,856.00 9,006.00 8,769.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 43,284.00 44,027.00 16,488.00 14,806.00 9,779.00
Provisions 18,107.00 17,483.00 1,038.00 859.00 773.00
Other Non-Current Liabilities 2,934.00 2,958.00 1,985.00 1,812.00 1,032.00
  64,325.00 64,468.00 19,511.00 17,477.00 11,584.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 80,654.00 80,073.00 31,367.00 26,483.00 20,353.00
           
Net Assets 65,688.00 60,981.00 8,406.00 5,032.00 5,814.00
           
Capital & Reserves          
Share Capital 614.00 614.00 507.00 507.00 507.00
Share Premium Account 26,606.00 26,602.00 3,931.00 3,927.00 3,923.00
Other Reserves (333.00) (3,392.00) 413.00 (1,294.00) (498.00)
Retained Earnings 38,557.00 36,935.00 3,331.00 1,754.00 1,578.00
Shareholders Funds 65,444.00 60,759.00 8,182.00 4,894.00 5,510.00
           
Minority Interests/Other Equity 244.00 222.00 224.00 138.00 304.00
Total Equity 65,688.00 60,981.00 8,406.00 5,032.00 5,814.00
Cash Flow 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Net Cash Flow From Operating Activities 10,295.00 5,347.00 4,610.00 4,720.00 3,716.00
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (1,021.00) (18,544.00) (640.00) (3,991.00) (470.00)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (9,768.00) 14,368.00 (4,229.00) (219.00) (3,530.00)
Net Increase/Decrease In Cash (494.00) 1,171.00 (259.00) 510.00 (284.00)
Ratios - based on IFRS 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Continuing Operations          
PE Ratio - Adjusted 8.4 17.7 18.6 18.1 33.5
PEG - Adjusted 1.7 1.3 1.0 0.2 n/a
Earnings per Share Growth - Adjusted 5% 14% 19% 100% -4%
Dividend Cover 1.47 1.45 1.47 1.36 1.41
Revenue per Share 1,067.74p 852.90p 793.92p 705.27p 749.52p
Pre-Tax Profit per Share 364.07p 1,287.24p 336.11p 315.12p 260.09p
Operating Margin 38.02% 32.77% 31.56% 34.78% 32.54%
Return on Capital Employed 133.48% 302.31% 40.91% 46.51% 65.48%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 8.4 17.7 18.6 18.1 33.5
PEG - Adjusted 1.7 1.3 1.0 0.2 n/a
Earnings per Share Growth - Adjusted 5% 14% 19% 100% -4%
Dividend Cover 1.47 1.45 1.47 1.36 1.41
           
Dividend Yield 8.1% 3.9% 3.7% 4.1% 2.1%
Dividend per Share Growth 4.00% 15.23% 10.00% 107.97% 4.00%
Operating Cash Flow per Share 448.82p 233.10p 248.12p 254.04p 199.36p
Cash Incr/Decr per Share (21.54p) 51.05p (13.94p) 27.45p (15.24p)
Net Asset Value per Share (exc. Intangibles) (2,542.71p) (2,476.40p) (199.73p) (290.85p) (267.70p)
Net Gearing 68.62% 75.97% 211.33% 307.27% 189.47%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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