Explore beer

Balance sheet

for the years ended 31 March



Consolidated Balance sheet as at 31 March 2011
  Notes 2014
US$m


2013
US$m
Assets      
Non-current assets      
Goodwill 10 18,497
19,862
Intangible assets 11 8,532 9,635
Property, plant and equipment 12 9,065 9,059
Investments in joint ventures 13 5,581
5,547
Investments in associates 14 5,787
5,416
Available for sale investments   22 22
Derivative financial instruments 22 628
732
Trade and other receivables 16 139 144
Deferred tax assets 19 115 71
Loan participation deposit 17 -
100
    48,366 50,588
Current assets      
Inventories 15 1,168 1,175
Trade and other receivables 16 1,821 2,067
Current tax assets   174 159
Derivative financial instruments 22 141 111
Cash and cash equivalents 17 2,081 2,171
    5,385 5,683
Assets of disposal group classified as held for sale
- 23
    5,385 5,706
Total assets   53,751 56,294
Liabilities      
Current liabilities      
Derivative financial instruments 22 (78) (34)
Borrowings 20 (4,519) (2,469)
Trade and other payables 18 (3,847) (4,004)
Current tax liabilities   (1,106) (1,460)
Provisions 24 (450) (558)
    (10,000) (8,525)
Liabilities of disposal group classified as held for sale
- (1)
    (10,000) (8,526)
Non-current liabilities      
Derivative financial instruments 22 (37) (52)
Borrowings 20 (12,528) (16,079)
Trade and other payables 18 (25) (132)
Deferred tax liabilities 19 (3,246) (3,507)
Provisions 24 (433) (538)
    (16,269) (20,308)
Total liabilities   (26,269) (28,834)
Net assets   27,482 27,460
Equity      
Share capital 25 167 167
Share premium   6,648 6,581
Merger relief reserve   4,321 4,586
Other reserves 26b (702) 1,328
Retained earnings 26a 15,885 13,710
Total shareholders’ equity   26,319 26,372
Non-controlling interests   1,163 1,088
Total equity   27,482 27,460

The balance sheet of SABMiller plc is shown on page 162 of the 2014 Annual Report

The notes on page 99 to 161 of the 2014 Annual Report are an integral part of these consolidated statements.

The financial statements were authorised for issue by the board of directors on 2 June 2014 and were signed on its behalf by:

  • Alan Clark
    Chief Executive
  • Jamie Wilson
    Chief Financial Officer

Annual Report 2014