TIDMDGE
RNS Number : 4638V
Diageo PLC
14 January 2013
14 January 2013
Revised segmental information for prior reporting periods
Diageo has made changes in respect of the allocation of specific
corporate items and the allocation of the operating profit before
exceptional items of Global Supply to better reflect the
geographical segment to which the cost relates. In addition,
certain transaction exchange differences, previously included in
Corporate, have been allocated to the geographical segments to
better reflect which geographical segment the item is in respect
of.
As a consequence of these allocations the operating profit
before exceptional items and marketing spend by geographical
segments for prior periods have been amended and the organic growth
calculations updated.
Revised segmental information for the years ended 30 June 2012
and 2011 and the six month period ended 31 December 2011 are
provided below.
For the second half of the financial year ending 30 June 2013
Diageo will change its internal reporting structure to reflect
changes made to management responsibilities announced on 9 November
2012.
As a result of this change Diageo will report the following
geographical segments both for management accounts and the external
financial statements in the second half of the 2013 financial year
and will restate all comparative periods.
-- North America
-- Western Europe
-- Africa, Eastern Europe and Turkey
-- Latin America and Caribbean
-- Asia Pacific
-- Corporate
A separate press release to reflect this will be issued post the
publication of the results for the six months ended 31 December
2012 restating the figures for the years ended 30 June 2012, 30
June 2011 and the six months ended 31 December 2012 .
Operating profit before exceptional items
Year ended 30 June 2012
As Corporate Global Supply Allocation
reported costs costs of Restated
GBP million GBP million GBP million exchange GBP million
GBP million
North America 1,354 - 9 (3) 1,360
Europe 925 (6) (14) 9 914
Africa 380 2 (1) (3) 378
Latin America
and Caribbean 383 1 (4) (11) 369
Asia Pacific 342 (2) 2 - 342
Corporate (186) 5 8 8 (165)
3,198 - - - 3,198
Year ended 30 June 2011
---------------------------------------------------------------------------
As Corporate Global Supply Allocation
reported costs costs of Restated
GBP million GBP million GBP million exchange GBP million
GBP million
North America 1,275 (3) (3) (4) 1,265
Europe 796 - - 12 808
Africa 333 4 (2) 4 339
Latin America
and Caribbean 318 2 (1) 1 320
Asia Pacific 299 (3) (1) (9) 286
Corporate (137) - 7 (4) (134)
2,884 - - - 2,884
Six months ended 31 December 2011
---------------------------------------------------------------------------
As Corporate Global Supply Allocation
reported costs costs of Restated
GBP million GBP million GBP million exchange GBP million
GBP million
North America 770 (2) - (3) 765
Europe 542 (1) (4) (2) 535
Africa 196 1 - (3) 194
Latin America
and Caribbean 256 - (1) (4) 251
Asia Pacific 198 (1) 1 2 200
Corporate (96) 3 4 10 (79)
1,866 - - - 1,866
Marketing spend
Year ended 30 June Year ended 30 June
2012 2011
----------------------------------------- -----------------------------------------
As Corporate As Corporate
reported costs Restated reported costs Restated
GBP million GBP million GBP GBP million GBP million GBP
million million
North America 548 (1) 547 508 - 508
Europe 439 1 440 403 (1) 402
Africa 150 (3) 147 140 (1) 139
Latin America
and Caribbean 210 (2) 208 184 (3) 181
Asia Pacific 344 (1) 343 303 - 303
Corporate - 6 6 - 5 5
1,691 - 1,691 1,538 - 1,538
Six months ended 31
December 2011
--------------------------------------------
As Corporate
reported costs Restated
GBP million GBP million GBP million
North America 290 (1) 289
Europe 248 1 249
Africa 79 (1) 78
Latin America
and Caribbean 105 (2) 103
Asia Pacific 174 (1) 173
Corporate - 4 4
896 - 896
Organic growth for the year ended 30 June 2012
Operating profit* Marketing spend
----------------------- -----------------------
Increase/(decrease) As reported Restated As reported Restated
% % % %
North America 6 7 7 7
Europe 3 1 3 3
Africa 20 16 11 9
Latin America
and Caribbean 22 19 17 18
Asia Pacific 18 10 11 11
Total 9 9 8 8
* Operating profit before exceptional items
See the company's annual report on Form 20-F for the year ended
30 June 2012 filed with the US Securities and Exchange Commission
(SEC) for an explanation of organic movement calculations and
further definitions, disclosures and information.
Contacts
Investor enquiries to: Agnes Bota +36 30 816 9022
Sarah Paul +44 (0) 20 8978 4326
Angela Ryker Gallagher +44 (0) 20 8978 4911
investor.relations@diageo.com
Media enquiries to: Rowan Pearman +44 (0) 20 8978 4751
Jessica Rouleau +44 (0) 20 8978 4764
Victoria Ward +44 (0) 20 8978 4353
press.office@diageo.com
About Diageo
Diageo is the world's leading premium drinks business with an
outstanding collection of beverage alcohol brands across spirits,
beer and wine categories. These brands include Johnnie Walker,
Crown Royal, J B, Buchanan's, Windsor and Bushmills whiskies,
Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Jose
Cuervo, Tanqueray and Guinness.
Diageo is a global company, with its products sold in more than
180 markets around the world. The company is listed on both the New
York Stock Exchange (DEO) and the London Stock Exchange (DGE). For
more information about Diageo, its people, brands, and performance,
visit www.diageo.com. For Diageo's global resource that promotes
responsible drinking through the sharing of best practice tools,
information and initiatives, visit www.DRINKiQ.com. Celebrating
life, every day, everywhere.
Forward-looking statements
This document contains 'forward-looking statements'. These
forward-looking statements can be identified by the fact that they
do not relate only to historical or current facts. In particular,
forward looking statements include all statements that express
forecasts, expectations, plans, outlook and projections with
respect to future matters, including trends in results of
operations, margins, growth rates, overall market trends, the
impact of interest or exchange rates, the availability or cost of
financing to Diageo, anticipated cost savings or synergies, the
completion of Diageo's strategic transactions and restructuring
programmes, anticipated tax rates, expected cash payments, outcomes
of litigation and general economic conditions. By their nature,
forward-looking statements involve risk and uncertainty because
they relate to events and depend on circumstances that will occur
in the future. There are a number of factors that could cause
actual results and developments to differ materially from those
expressed or implied by these forward-looking statements, including
factors that are outside Diageo's control. All oral and written
forward-looking statements made on or after the date of this
document and attributable to Diageo are expressly qualified in
their entirety by the 'risk factors' contained in Diageo's annual
report on Form 20-F for the year ended 30 June 2012 filed with the
US Securities and Exchange Commission (SEC). Any forward-looking
statements made by or on behalf of Diageo speak only as of the date
they are made. Diageo does not undertake to update forward-looking
statements to reflect any changes in Diageo's expectations with
regard thereto or any changes in events, conditions or
circumstances on which any such statement is based. The reader
should, however, consult any additional disclosures that Diageo may
make in any document it publishes and/or files with the SEC. All
readers, wherever located, should take note of these disclosures.
The information in this document does not constitute an offer to
sell or an invitation to buy shares in Diageo plc or an invitation
or inducement to engage in any other investment activities. Past
performance cannot be relied upon as a guide to future
performance.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAEFLFLADEFF
Grafico Azioni Diageo (LSE:DGE)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Diageo (LSE:DGE)
Storico
Da Lug 2023 a Lug 2024
