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| 2003 US$m# |
2002 US$m |
% change | ||
| Turnover | 9,112 | 4,364 | 109 | |
| excluding Miller | 5,639 | 4,364 | 29 | |
| EBITA * | 1,270 | 766 | 66 | |
| excluding Miller | 1,020 | 766 | 33 | |
| Profit before tax | 770 | 606 | 27 | |
| Adjusted profit before tax ** | 1,107 | 668 | 66 | |
| Adjusted earnings ** | 581 | 350 | 66 | |
| Adjusted earnings per share ** | ||||
| US cents | 54.0 | 48.7 | 11 | |
| UK pence (up 3%) | 1,020 | 766 | ||
| SA cents (up 9%) | 513.0 | 472.5 | ||
| Basic earnings per share (US cents) | 27.5 | 40.7 | (32) | |
| Dividends per share (US cents) | 25.0 | 25.0 | – | |
* Earnings before interest, taxation and goodwill amortisation, and before exceptional items.
** Adjusted profit before tax and adjusted earnings exclude exceptional items and goodwill amortisation.
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Total beverage volumes up 52% to 151.4 million hectolitres (hls), organic growth of 3.0%
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Total lager volumes increase 65% to 115.8 million hls, organic growth of 4.2%
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Strong performances and EBITA margin improvement in Beer South Africa, Europe and Africa & Asia
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Adjusted earnings per share increase by 11%
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Miller Brewing Company acquired and being integrated into the group