- Overview
- Our performance
- Global footprint
- Operating and financial review
- Chairman’s statement
- The global beer market
- Chief Executive’s review
- Our strategic priorities
- Chief Financial Officer’s review
- Operations review
- Sustainable development review
- Governance
- Corporate governance
- Directors
- Directors’ report
- Remuneration report
- Our 2007 financial statements
- Financial statements
- Five-year financial review
- General information
- Shareholder information
- Ordinary shareholder analyses
- Shareholders’ diary
- Group lager volumes up 23% to 216 million hectolitres (hl), organic growth of 10%
- South America delivered pro forma volume growth of 12%, ahead of expectations
- Excellent Europe organic volume growth of 11% and market share gains
- Difficult trading conditions persisted in North America
- Good constant currency growth in South Africa supported by strong economic backdrop
- Continued strong volume growth rates in China and India
Revenue1 up 22%
US$18,620m
EBITA2 up 22%
US$3,591m
Profit before tax up 14%
US$2,804m
Adjusted earnings3 per share up 10%
US cents 120.0
Dividends per share up 14%
US cents 50.0
Net cash from operations up 22%
US$ 4,018m
- Revenue excludes the attributable share of associates' revenue of US$2,025 million (2006: US$1,774 million).
- EBITA is defined as operating profit before exceptional items and amortisation of intangible assets (excluding software) but includes the group's share of associates' operating profit, on a similar basis. EBITA is used throughout this report as we believe it provides additional information on trends and allows for greater comparability.
- Reconciliation of adjusted earnings to the statutory measure of profit attributable to equity shareholders is provided in note 8 to the Consolidated Financial Statements.
