Summary
Altria Group, Inc. filed an amendment to its 2012 10-K on August 13, 2013, primarily to incorporate financial statements of SABMiller, in which Altria holds a significant stake. Investors should note that this filing is an amendment and not the original 10-K. The core business of Altria remains focused on tobacco products, including cigarettes, smokeless tobacco, and cigars, with its primary operating segments being U.S. Smokeless Tobacco Company, John Middleton Co., and Ste. Michelle Wine Estates. The incorporation of SABMiller's financials suggests a material impact or interest from this investment on Altria's consolidated results, though the specific details of this impact would be found within the referenced exhibits.
Financial Highlights
54 data points| Revenue | $24.62B |
| Cost of Revenue | $7.94B |
| Gross Profit | $9.56B |
| R&D Expenses | $136.00M |
| Operating Income | $7.25B |
| Interest Expense | $1.13B |
| Net Income | $4.18B |
| EPS (Basic) | $2.06 |
| EPS (Diluted) | $2.06 |
| Shares Outstanding (Basic) | 2.02B |
| Shares Outstanding (Diluted) | 2.02B |
Key Highlights
- 1The filing is an amendment (10-K/A) to the original 2012 10-K, filed on August 13, 2013.
- 2Key financial statements from SABMiller are incorporated by reference, indicating a significant relationship or investment.
- 3Altria's primary business segments include U.S. Smokeless Tobacco Company, John Middleton Co., and Ste. Michelle Wine Estates.
- 4The company operates within the tobacco industry, producing cigarettes, smokeless tobacco, and cigars.
- 5Exhibit 23.1, the Consent of Independent Accountants, is included as part of this amendment.
- 6The filing is primarily for disclosure purposes related to the SABMiller investment.