BRITISH AMERICAN TOBACCO P.L.C. financials
Also U.S.-listed. BRITISH AMERICAN TOBACCO P.L.C. is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: BTAFF — British American Tobacco p.l.c.
BRITISH AMERICAN TOBACCO P.L.C.
Country: GB Reporting currency: GBP Latest annual report: 2025-12-31
LEI:
213800FKA5MF17RJKT63 Financial statements
(GBP, as reported — unscaled; 130 line items across 3 annual periods)
| Line item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Income statement | |||
| Revenue | £25.61B | £25.87B | £27.28B |
| Other income | £192.0M | £340.0M | £432.0M |
| Employee benefits expense | £3.13B | £2.83B | £2.66B |
| Raw materials & consumables used | £4.46B | £4.57B | £4.54B |
| Operating profit (EBIT) | £10.00B | £2.74B | -£15.75B |
| Net finance income / (cost) | -£1.82B | -£1.10B | -£1.90B |
| Profit before tax | £9.86B | £3.54B | -£17.06B |
| Income tax expense | £2.09B | £357.0M | -£2.87B |
| Profit for the year | £7.76B | £3.18B | -£14.19B |
| — attributable to owners | £7.76B | £3.07B | -£14.37B |
| — attributable to NCI | £1.0M | £113.0M | £178.0M |
| Total comprehensive income | £4.40B | £3.12B | -£17.56B |
| Per share | |||
| Basic EPS | £3.51 | £1.37 | £-6.47 |
| Diluted EPS | £3.49 | £1.36 | £-6.47 |
| Free cash flow / share | £2.60 | £4.12 | £4.67 |
| Cash flow statement | |||
| Cash generated from operations | £8.90B | £11.57B | £12.83B |
| Net cash from operating activities | £6.34B | £10.13B | £10.71B |
| Income taxes paid | £2.93B | £1.85B | £2.62B |
| Net cash from investing activities | £1.39B | £1.38B | -£296.0M |
| Purchase of PP&E (capex) | £551.0M | £486.0M | £460.0M |
| Purchase of intangibles | £153.0M | £122.0M | £141.0M |
| Net cash from financing activities | -£8.76B | -£10.63B | -£9.31B |
| Proceeds from borrowings | £3.81B | £2.40B | £5.13B |
| Repayments of borrowings | £3.93B | £4.83B | £6.77B |
| Net change in cash | -£1.03B | £868.0M | £1.10B |
| Balance sheet | |||
| Total assets | £109.29B | £118.90B | — |
| Non-current assets | £96.61B | £104.61B | — |
| Intangible assets & goodwill | £86.93B | £94.28B | — |
| Current assets | £12.68B | £14.29B | — |
| Inventories | £4.38B | £4.62B | — |
| Trade & other receivables | £3.80B | £3.60B | — |
| Cash & equivalents | £3.83B | £5.30B | — |
| Total equity | £48.15B | £49.99B | £52.93B |
| — attributable to owners | £46.03B | £47.96B | — |
| Non-controlling interests | £219.0M | £352.0M | — |
| Non-current liabilities | £46.62B | £50.16B | — |
| Long-term borrowings | £31.71B | £32.64B | — |
| Current liabilities | £14.52B | £18.74B | — |
| Short-term borrowings | £3.36B | £4.31B | — |
| Trade & other payables | £9.33B | £9.55B | — |
| Deferred tax liabilities | £10.34B | £11.68B | — |
| Derived metrics | |||
| Free cash flow | £5.79B | £9.64B | £10.25B |
| Operating margin | 39.0% | 10.6% | -57.7% |
| Net margin | 30.3% | 12.3% | -52.0% |
| Return on equity | 16.1% | 6.4% | -26.8% |
| Cash conversion ratio | 0.82× | 3.18× | -0.76× |
| Capex coverage | 11.51× | 20.83× | 23.29× |
| Other reported items | |||
| Adjustments For Decrease Increase In Inventories | £112.0M | £35.0M | £265.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -£295.0M | -£269.0M | -£487.0M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £2.55B | £3.10B | £28.61B |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -£31.0M | -£76.0M | -£111.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | -£207.0M | £58.0M | £640.0M |
| Cancellation of Treasury Shares | — | £0 | — |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £3.79B | £5.10B | £4.52B |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £4.0M | £0 | £159.0M |
| Changes In Inventories of Finished Goods and Work In Progress | -£239.0M | -£129.0M | £96.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | -£21.0M | £111.0M | £136.0M |
| Comprehensive Income Attributable To Owners of Parent | £4.42B | £3.01B | -£17.70B |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | £12.66B | £14.28B | — |
| Current Derivative Financial Assets | £162.0M | £186.0M | — |
| Current Derivative Financial Liabilities | £91.0M | £156.0M | — |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | £14.52B | £18.74B | — |
| Current Provisions | £608.0M | £3.04B | — |
| Current Tax Assets Current | £470.0M | £67.0M | — |
| Current Tax Liabilities Current | £1.13B | £1.68B | — |
| Deferred Tax Assets | £2.03B | £2.57B | — |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £2.55B | £3.10B | £28.61B |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £5.24B | £5.21B | £5.05B |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | £100.0M | £121.0M | £105.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | £5.34B | — | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | £2.45 | — | — |
| Dividends Received Classified As Investing Activities | £1.0M | £0 | £0 |
| Dividends Received Classified As Operating Activities | £369.0M | £406.0M | £506.0M |
| Dividends Recognised As Distributions To Noncontrolling Interests | £108.0M | £127.0M | £110.0M |
| Dividends Recognised As Distributions To Owners of Parent | £5.24B | £5.21B | £5.07B |
| Dividends Recognised As Distributions To Owners Per Share | £2.40 | — | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£76.0M | -£281.0M | -£292.0M |
| Equity and Liabilities | £109.29B | £118.90B | — |
| Gains Losses Arising From Difference Between Previous Carrying Amount and Fair Value of Financial Assets Reclassified As Measured At Fair Value | -£12.0M | -£10.0M | -£9.0M |
| Gains Losses On Cash Flow Hedges Before Tax | £2.0M | £65.0M | £59.0M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | £0 | £0 | -£6.0M |
| Gains Losses On Hedges of Net Investments In Foreign Operations Before Tax | £151.0M | £20.0M | £236.0M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | £13.0M | £23.0M | £23.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | £0 | £1.0M | -£30.0M |
| Increase Decrease In Cash and Cash Equivalents | -£1.32B | £587.0M | £1.18B |
| Increase Decrease Through Change In Equity of Subsidiaries | -£19.0M | — | — |
| Increase Decrease Through Exercise of Options | £2.0M | £6.0M | £2.0M |
| Increase Decrease Through Sharebased Payment Transactions | £83.0M | £70.0M | £71.0M |
| Increase Decrease Through Transfers and Other Changes Equity | £54.0M | £18.0M | £22.0M |
| Interest Paid Classified As Financing Activities | £1.63B | £1.70B | £1.68B |
| Interest Received Classified As Investing Activities | £201.0M | £187.0M | £145.0M |
| Investment Accounted For Using Equity Method | £1.52B | £1.90B | — |
| Issued Capital | £577.0M | £585.0M | — |
| Liabilities Included In Disposal Groups Classified As Held For Sale | £6.0M | £0 | — |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | £25.0M | £11.0M | — |
| Noncurrent Derivative Financial Assets | £135.0M | £110.0M | — |
| Noncurrent Derivative Financial Liabilities | £124.0M | £268.0M | — |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | £333.0M | £146.0M | — |
| Noncurrent Payables | £484.0M | £685.0M | — |
| Noncurrent Provisions | £3.16B | £4.07B | — |
| Noncurrent Receivables | £288.0M | £282.0M | — |
| Noncurrent Recognised Assets Defined Benefit Plan | £880.0M | £937.0M | — |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £801.0M | £820.0M | — |
| Other Adjustments For Noncash Items | £264.0M | -£40.0M | £436.0M |
| Other Comprehensive Income | -£3.36B | -£57.0M | -£3.37B |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -£3.33B | -£195.0M | -£4.05B |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£10.0M | -£19.0M | -£106.0M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -£2.0M | -£6.0M | £0 |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -£3.28B | -£50.0M | -£3.32B |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -£83.0M | -£7.0M | -£57.0M |
| Other Expense By Nature | £5.89B | £13.09B | £7.54B |
| Other Inflows Outflows of Cash Classified As Financing Activities | £1.0M | £5.0M | £4.0M |
| Other Reserves | -£4.15B | -£902.0M | — |
| Payments From Changes In Ownership Interests In Subsidiaries | £19.0M | £0 | £0 |
| Payments To Acquire Or Redeem Entitys Shares | £1.11B | £698.0M | £0 |
| Proceeds From Issue of Bonds Notes and Debentures | £1.05B | £0 | £0 |
| Proceeds From Sales of Intangible Assets Classified As Investing Activities | £31.0M | £39.0M | £27.0M |
| Proceeds From Sales of Interests In Associates | £1.05B | £1.58B | £0 |
| Proceeds From Sales of Investments Other Than Investments Accounted For Using Equity Method | £848.0M | £299.0M | £405.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £37.0M | £145.0M | £54.0M |
| Property Plant and Equipment Including Rightofuse Assets | £4.48B | £4.38B | — |
| Purchase of Investments Other Than Investments Accounted For Using Equity Method | £54.0M | £216.0M | £448.0M |
| Purchase of Treasury Shares | £61.0M | £94.0M | £110.0M |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | -£16.0M | -£36.0M | -£12.0M |
| Reclassification Adjustments On Exchange Differences On Translation Before Tax | -£2.0M | £0 | -£552.0M |
| Repayments of Bonds Notes and Debentures | £883.0M | £0 | £0 |
| Retained Earnings | £22.93B | £21.61B | — |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -£133.0M | -£13.0M | -£107.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net of Tax | -£4.0M | £33.0M | -£5.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | £1.68B | £1.90B | £585.0M |
Methodology
Every line item above is a fact tagged in BRITISH AMERICAN TOBACCO P.L.C.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.