British American Tobacco (BATS)

Sector:

Tobacco

Index:

FTSE 100

2,923.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 2,984.00p
  • 52 Week Low: 2,267.00p
  • Currency: UK Pounds
  • Shares Issued: 2,211.32m
  • Volume: 3,430,909
  • Market Cap: £64,637m
  • RiskGrade: 122
  • Beta: 0.53

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Q1 Dividend57.73p54.45p53.90p52.60p50.75p
Q2 Dividend57.72p54.45p53.90p52.60p50.75p
Q3 Dividend57.72p54.45p53.90p52.60p50.75p
Q4 Dividend57.72p54.45p53.90p52.60p50.75p
Total Dividend230.88p217.80p215.60p210.40p203.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 27,283.00 27,655.00 25,684.00 25,776.00 25,877.00
Operating Profit/(Loss) (15,751.00) 10,523.00 10,234.00 9,962.00 9,016.00
Net Interest (1,895.00) 1,641.00 (1,486.00) (1,745.00) (1,602.00)
Profit Before Tax (17,061.00) 9,324.00 9,163.00 8,672.00 7,912.00
Profit After Tax (14,189.00) 6,846.00 6,974.00 6,564.00 5,849.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (14,189.00) 6,846.00 6,974.00 6,564.00 5,849.00
Attributable to:          
Equity Holders of Parent Company (14,367.00) 6,666.00 6,801.00 6,400.00 5,704.00
Minority Interests 178.00 180.00 173.00 164.00 145.00
           
Continuing EPS          
Earnings per Share - Basic (646.60p) 293.30p 296.90p 280.00p 249.70p
Earnings per Share - Diluted (646.60p) 291.90p 295.60p 278.90p 249.00p
Earnings per Share - Adjusted 375.60p 373.20p 330.40p 333.00p 324.80p
Continuing and Discontinued EPS          
Earnings per Share - Basic (646.60p) 293.30p 296.90p 280.00p 249.70p
Earnings per Share - Diluted (646.60p) 291.90p 295.60p 278.90p 249.00p
Earnings per Share - Adjusted 375.60p 373.20p 330.40p 333.00p 324.80p
           
Dividend per Share 235.52p 218.80p 215.60p 210.40p 210.40p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 4,583.00 4,867.00 4,953.00 5,060.00 5,518.00
Intangible Assets 95,562.00 129,075.00 115,625.00 115,343.00 118,787.00
Investment Properties n/a n/a n/a n/a n/a
Investments 2,088.00 2,141.00 1,998.00 1,818.00 1,872.00
Other Financial Assets 109.00 131.00 243.00 n/a n/a
Other Non-Current Assets 2,188.00 1,923.00 1,739.00 1,857.00 1,554.00
  104,530.00 138,137.00 124,558.00 124,078.00 127,731.00
Current Assets          
Inventories 4,938.00 5,671.00 5,279.00 5,998.00 6,094.00
Trade & Other Receivables 3,793.00 4,516.00 4,068.00 3,721.00 4,093.00
Cash at Bank & in Hand 4,659.00 3,446.00 2,809.00 3,139.00 2,526.00
Current Asset Investments 601.00 579.00 456.00 242.00 123.00
Other Current Assets 181.00 430.00 195.00 509.00 435.00
  14,172.00 14,642.00 12,807.00 13,609.00 13,271.00
           
Other Assets 14.00 767.00 n/a 3.00 3.00
Total Assets 118,716.00 153,546.00 137,365.00 137,690.00 141,005.00
           
Liabilities          
Current Liabilities          
Borrowings 4,324.00 4,413.00 3,992.00 4,041.00 7,562.00
Other Current Liabilities 11,349.00 13,440.00 11,152.00 11,437.00 11,261.00
  15,673.00 17,853.00 15,144.00 15,478.00 18,823.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 35,406.00 38,726.00 35,666.00 39,927.00 37,804.00
Provisions 12,723.00 18,862.00 16,854.00 16,701.00 17,438.00
Other Non-Current Liabilities 1,980.00 2,395.00 2,300.00 2,629.00 2,780.00
  50,109.00 59,983.00 54,820.00 59,257.00 58,022.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 65,782.00 77,836.00 69,964.00 74,735.00 76,845.00
           
Net Assets 52,934.00 75,710.00 67,401.00 62,955.00 64,160.00
           
Capital & Reserves          
Share Capital 614.00 614.00 614.00 614.00 614.00
Share Premium Account 26,630.00 26,628.00 26,622.00 26,618.00 26,609.00
Other Reserves (894.00) 2,360.00 (6,032.00) (6,600.00) (3,555.00)
Retained Earnings 24,531.00 44,081.00 44,212.00 42,041.00 40,234.00
Shareholders Funds 50,881.00 73,683.00 65,416.00 62,673.00 63,902.00
           
Minority Interests/Other Equity 2,053.00 2,027.00 1,985.00 282.00 258.00
Total Equity 52,934.00 75,710.00 67,401.00 62,955.00 64,160.00
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 10,714.00 10,394.00 9,717.00 9,786.00 8,996.00
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 (296.00) (705.00) (1,140.00) (783.00) (639.00)
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 (9,314.00) (8,878.00) (8,749.00) (7,897.00) (8,593.00)
Net Increase/Decrease In Cash 1,104.00 811.00 (172.00) 1,106.00 (236.00)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 6.1 8.8 8.3 8.1 9.9
PEG - Adjusted 6.1 0.7 n/a 4.1 1.1
Earnings per Share Growth - Adjusted 1% 13% -1% 2% 9%
Dividend Cover 1.59 1.71 1.53 1.58 1.54
Revenue per Share 1,224.00p 1,225.84p 11.34p 1,127.56p 1,132.97p
Pre-Tax Profit per Share (765.41p) 413.30p 4.04p 379.35p 346.41p
Operating Margin (57.73%) 38.05% 39.85% 38.65% 34.84%
Return on Capital Employed n/a 88.96% 1.30% 125.79% 116.35%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 6.1 8.8 819.6 8.1 9.9
PEG - Adjusted 6.1 0.0 n/a 4.1 1.1
Earnings per Share Growth - Adjusted 1% 11,090% -99% 2% 9%
Dividend Cover 1.59 1.71 0.02 1.58 1.54
           
Dividend Yield 10.3% 6.7% 7.9% 7.8% 6.5%
Dividend per Share Growth 7.64% 1.48% 2.47% n/a 3.65%
Operating Cash Flow per Share 480.66p 460.73p 424.88p 428.08p 393.87p
Cash Incr/Decr per Share 49.53p 35.95p (0.076p) 48.38p (10.33p)
Net Asset Value per Share (exc. Intangibles) (1,912.43p) (2,365.47p) (2,108.61p) (2,291.69p) (2,391.72p)
Net Gearing 68.93% 53.87% 56.33% 65.15% 67.04%

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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