01—Abstract
Summary
Summary of the 8-K filed January 28, 2021. Cited figures are marked; the original filing is the authoritative source.
Altria Group, Inc. (MO) filed a Current Report on Form 8-K on January 27, 2021, primarily to provide access to its audited consolidated financial statements for the years ended December 31, 2020 and 2019.
These financial statements, along with the report of management on internal control over financial reporting and the independent registered public accounting firm's report, will also be included in Altria's forthcoming Annual Report on Form 10-K. This filing serves as an early release of critical financial data for investors, allowing them to review the company's financial position and performance ahead of the full 10-K filing.
02—Key points
Key Highlights
- Release of audited consolidated balance sheets as of December 31, 2020 and 2019.
- Inclusion of consolidated statements of earnings (losses), comprehensive earnings (losses), stockholders' equity, and cash flows for the three years ended December 31, 2020.
- Filing includes the report of management on internal control over financial reporting.
- Independent registered public accounting firm's report on both the financial statements and the effectiveness of internal control over financial reporting is provided.
- These financial statements and reports will also be part of Altria's Annual Report on Form 10-K for the fiscal year ended December 31, 2020.
- The 8-K filing allows investors to access key financial information and audit reports in advance of the full 10-K.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The primary purpose of this 8-K filing is to provide investors with early access to Altria Group's audited consolidated financial statements for the fiscal years 2020 and 2019, along with related management and auditor reports. This information will also be included in their upcoming 10-K filing.
Where can I find the detailed financial results for 2020?
The detailed consolidated financial statements, including the balance sheets, statements of earnings, comprehensive earnings, stockholders' equity, and cash flows for the years ended December 31, 2020 and 2019, are filed as part of this 8-K report and will be included in the forthcoming 10-K filing.
Does this filing include an auditor's opinion on the financial statements?
Yes, this filing includes the independent registered public accounting firm's report on the consolidated financial statements and their opinion on the effectiveness of internal control over financial reporting.
Will I need to wait for the 10-K to see these financial statements?
No, this 8-K filing makes the audited financial statements and related reports available to investors prior to the official filing of the 10-K, allowing for earlier review.
04—Continue