10-K/APeriod: FY2021

ALTRIA GROUP, INC. Annual Report (Amendment), Year Ended Dec 31, 2021

Filed June 1, 2022For Securities:MO

Summary

Altria Group, Inc.'s 10-K/A filing from May 31, 2022, primarily serves as an amendment to its previously filed annual report for the period ending December 30, 2021. This specific amendment references the incorporation of ABI Financial Statements and the auditor's report from PwC Bedrijfsrevisoren BV, located in Belgium, within Exhibit 99.3. This suggests that the core financial reporting and auditor's opinion for the period are contained within this referenced exhibit, rather than being fully detailed within this amendment itself. Investors should pay close attention to Exhibit 99.3 for a comprehensive understanding of Altria's 2021 financial performance and the independent audit findings. The filing also includes Exhibit 23.1, a consent from the independent registered public accounting firm, PwC Bedrijfsrevisoren BV. This consent is a standard component of SEC filings, confirming the firm's approval for its report to be included in the filing. While this amendment doesn't introduce new material financial data directly, it ensures the completeness and proper referencing of audited financial statements and auditor opinions for the 2021 fiscal year.

Financial Highlights

53 data points
Beta

Revenue

$26.01B

53.8% Gross Margin

Net Income

$2.48B

9.5% Net Margin

EPS (Diluted)

$1.34

Total Assets

$39.52B

Cash & Equivalents

$4.59B

Free Cash Flow

$8.24B

Financial Statements
Beta
Revenue$26.01B
Cost of Revenue$7.12B
Gross Profit$13.99B
R&D Expenses$145.00M
Operating Income$11.56B
Interest Expense$1.19B
Net Income$2.48B
EPS (Basic)$1.34
EPS (Diluted)$1.34
Shares Outstanding (Basic)1.84B
Shares Outstanding (Diluted)1.84B

Key Highlights

  • 1The filing is an amendment (10-K/A) to the 2021 Annual Report, filed on May 31, 2022.
  • 2Key financial statements and auditor's report for ABI are incorporated by reference from Exhibit 99.3.
  • 3The independent auditor is PwC Bedrijfsrevisoren BV based in Diegem, Belgium.
  • 4The filing includes the consent of the independent registered public accounting firm (Exhibit 23.1).
  • 5This amendment appears to be procedural, ensuring the proper inclusion and referencing of audited financial information.
  • 6No new primary financial data is presented directly within this amendment document.

Frequently Asked Questions

This 10-K/A filing is an amendment to Altria Group's 2021 Annual Report. Its primary purpose seems to be the formal incorporation by reference of the ABI Financial Statements and the accompanying auditor's report from Exhibit 99.3, along with the auditor's consent, ensuring these critical documents are properly included as part of the company's SEC filings for the period.

The detailed financial statements and the report from the independent registered public accounting firm (PwC Bedrijfsrevisoren BV) are incorporated by reference into this filing from Exhibit 99.3. Investors should refer to Exhibit 99.3 for a comprehensive review of Altria's 2021 financial performance and the auditor's opinion.

Based on the provided text, this specific amendment (10-K/A) does not appear to introduce new primary financial data or significant business updates directly. It primarily focuses on referencing and including existing audited financial statements and auditor reports from a separate exhibit (Exhibit 99.3) and the auditor's consent.

The independent registered public accounting firm for Altria Group, Inc. is PwC Bedrijfsrevisoren BV / Reviseurs d’Entreprises SRL, located in Diegem, Belgium. Their PCAOB ID is 1350.