XML 490 R77.htm IDEA: XBRL DOCUMENT v3.25.0.1
Summarised financial information (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure Of Condensed Consolidating Financial Information [Abstract]  
Summarised Financial Information of Income Statement
Summarised Financial Information
Year ended 31 December 2024
BAT p.l.c.
£m
BATCAP
£m
BATIF
£m
BATNF
£m
RAI
£m
BATHTN
£m
Income Statement
Revenue
—
—
—
—
—
—
(Loss)/profit from operations
(149)
(9)
(20)
—
—
1
Dividend income
6,477
—
—
—
5,263
185
Net finance income/(costs)
501
(81)
1,062
1
(496)
(34)
Profit/(loss) before taxation
6,829
(90)
1,042
1
4,767
152
Taxation on ordinary activities
(9)
(9)
(5)
—
111
(89)
Profit/(loss) for the year
6,820
(99)
1,037
1
4,878
63
Intercompany Transactions – Income Statement
Transactions with non-issuer/non-guarantor subsidiaries
(expense)/income
(152)
(9)
(17)
—
31
(1)
Transactions with non-issuer/non-guarantor subsidiaries net
finance income
316
563
1,234
—
24
—
Dividend income from non-issuer/non-guarantor subsidiaries
6,477
—
—
—
5,263
185
Summarised Financial Information
Year ended 31 December 2023
BAT p.l.c.
£m
BATCAP
£m
BATIF
£m
BATNF
£m
RAI
£m
BATHTN
£m
Income Statement
Revenue
—
—
—
—
—
—
(Loss)/profit from operations
(642)
3
4
—
—
5
Dividend income
4,950
—
1
—
5,234
424
Net finance income/(costs)
488
(204)
857
1
(538)
—
Profit/(loss) before taxation
4,796
(201)
862
1
4,696
429
Taxation on ordinary activities
(25)
22
17
—
127
(1)
Profit/(loss) for the year
4,771
(179)
879
1
4,823
428
Intercompany Transactions – Income Statement
Transactions with non-issuer/non-guarantor subsidiaries
(expense)/income
(120)
(1)
—
—
30
—
Transactions with non-issuer/non-guarantor subsidiaries net
finance income
293
768
1,445
—
26
—
Dividend income from non-issuer/non-guarantor subsidiaries
4,950
—
—
—
5,234
424
Summarised Financial Information of Balance Sheet
Summarised Financial Information
As at 31 December 2024
BAT p.l.c.
£m
BATCAP
£m
BATIF
£m
BATNF
£m
RAI
£m
BATHTN
£m
Balance Sheet
Non-current assets
1,917
18,996
2,292
1,358
292
77
Current assets
9,736
18,504
46,197
48
1,221
15
Non-current liabilities
1,577
18,503
11,526
1,358
7,707
20
Non-current borrowings
1,571
18,257
11,227
1,358
7,657
—
Other non-current liabilities
6
246
299
—
50
20
Current liabilities
72
19,010
32,984
47
3,257
129
Current borrowings
37
18,967
32,708
46
1,751
1
Other current liabilities
35
43
276
1
1,506
128
Intercompany Transactions – Balance Sheet
Amounts due from non-issuer/non-guarantor
subsidiaries
9,690
15,082
50,595
—
1,478
15
Amounts due to non-issuer/non-guarantor
subsidiaries
2
3,942
32,707
—
2
1
Investment in subsidiaries (that are not issuers
or guarantors)
27,234
—
718
—
25,659
1,466
Summarised Financial Information
As at 31 December 2023
BAT p.l.c.
£m
BATCAP
£m
BATIF
£m
BATNF
£m
RAI
£m
BATHTN
£m
Balance Sheet
Non-current assets
1,917
20,691
2,238
1,422
318
43
Current assets
9,128
12,739
43,431
790
942
10
Non-current liabilities
1,580
18,266
12,901
1,422
9,163
11
Non-current borrowings
1,571
18,101
12,662
1,422
9,113
—
Other non-current liabilities
9
165
239
—
50
11
Current liabilities
339
15,137
30,091
789
1,301
4
Current borrowings
39
15,102
29,512
788
597
2
Other current liabilities
300
35
579
1
704
2
Intercompany Transactions - Balance Sheet
Amounts due from non-issuer/non-guarantor
subsidiaries
9,074
16,837
43,279
—
1,229
10
Amounts due to non-issuer/non-guarantor
subsidiaries
—
3,735
25,686
—
18
1
Investment in subsidiaries (that are not issuers
or guarantors)
27,234
—
718
—
25,185
1,537
Summary of Unconsolidated Equity Results BAT p.l.c.’s unconsolidated contribution to the Group’s consolidated equity results is shown below:
BAT p.l.c.
As at 31 December
2024
£m
2023
£m
Total equity
37,238
36,360
Share capital
585
614
Share premium
121
112
Perpetual hybrid bonds
1,685
1,685
Other equity
34,848
33,949