Balance Sheet British American Tobacco (Malaysia)

Equities

BAT

MYL4162OO003

Tobacco

Delayed BURSA MALAYSIA Other stock markets 03:14:10 08/06/2026 BST			5-day change	1st Jan Change
4.860 ^MYR	-1.02%		+0.41%	+9.71%

06-06	British American Tobacco CEO buys GBP215,300 worth of shares	AN
06-05	European Equities Traded in the US as American Depositary Receipts Decline in Friday Trading; Rise for Week	MT

cb7964c9108c7a32a1a1181bf1d0696e.X62-b_HdkKhRm87Eo-ngs6jnmpiHdQbkICCJRP3kN1A.D_XVPrmJ8tIZ6rS-jq6Ly_6jq8foP3O-Fm3sd8irVRcI--8OhLL47SL4lw

Published financial data: BRITISH AMERICAN TOBACCO (MALAYSIA)

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.14B	1.14B	1.04B	1.03B	959M
Total Revenues	1.14B	1.14B	1.04B	1.03B	959M
Cost of Goods Sold, Total	469M	463M	470M	484M	433M
Gross Profit	675M	678M	568M	541M	526M
Selling General & Admin Expenses, Total	257M	256M	253M	238M	185M
Other Operating Expenses	7.21M	18.78M	35.81M	25.26M	36.94M
Other Operating Expenses, Total	264M	275M	289M	263M	222M
Operating Income	411M	403M	280M	278M	304M
Interest Expense, Total	-17.08M	-21.68M	-24.29M	-26.9M	-29.27M
Interest And Investment Income	598K	781K	623K	-	-
Net Interest Expenses	-16.48M	-20.9M	-23.67M	-26.9M	-29.27M
EBT, Excl. Unusual Items	394M	382M	256M	251M	274M
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	40K	3.15M	480K	166K	140K
EBT, Incl. Unusual Items	394M	385M	256M	252M	274M
Income Tax Expense	109M	123M	61.59M	68.47M	71.96M
Earnings From Continuing Operations	285M	263M	195M	183M	202M
Net Income to Company	285M	263M	195M	183M	202M
Net Income - (IS)	285M	263M	195M	183M	202M
Net Income to Common Incl Extra Items	285M	263M	195M	183M	202M
Net Income to Common Excl. Extra Items	285M	263M	195M	183M	202M
Per Share Items
Net EPS - Basic	1	0.92	0.68	0.64	0.71
Basic EPS - Continuing Operations	1	0.92	0.68	0.64	0.71
Basic Weighted Average Shares Outstanding	286M	286M	286M	286M	286M
Net EPS - Diluted	1	0.92	0.68	0.64	0.71
Diluted EPS - Continuing Operations	1	0.92	0.68	0.64	0.71
Diluted Weighted Average Shares Outstanding	286M	286M	286M	286M	286M
Normalized Basic EPS	0.86	0.84	0.56	0.55	0.6
Normalized Diluted EPS	0.86	0.84	0.56	0.55	0.6
Dividend Per Share	0.98	0.88	0.63	0.59	0.64
Payout Ratio	98.23	102.24	101.16	91.99	55.71
Supplemental Items
EBITDA	418M	409M	285M	283M	308M
EBITA	411M	403M	280M	278M	304M
EBIT	411M	403M	280M	278M	304M
EBITDAR	418M	410M	286M	283M	308M
Effective Tax Rate - (Ratio)	27.72	31.89	24.03	27.21	26.22
Current Domestic Taxes	102M	125M	61.22M	73.09M	68.82M
Total Current Taxes	102M	125M	61.22M	73.09M	68.82M
Deferred Domestic Taxes	7.71M	-1.75M	375K	-4.62M	3.14M
Total Deferred Taxes	7.71M	-1.75M	375K	-4.62M	3.14M
Normalized Net Income	246M	239M	160M	157M	171M
Interest on Long-Term Debt	673K	1M	1.42M	1.55M	1.38M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	158M	160M	159M	139M	92.99M
General and Administrative Expenses	99.05M	96.16M	93.62M	98.31M	92.44M
Net Rental Expense, Total	652K	1.42M	1.27M	31K	231K
Imputed Operating Lease Interest Expense	134K	324K	374K	11.24K	90.38K
Imputed Operating Lease Depreciation	518K	1.1M	898K	19.76K	141K
Stock-Based Comp., Other (Total)	3.49M	2.29M	2.52M	1.68M	1.62M
Total Stock-Based Compensation	3.49M	2.29M	2.52M	1.68M	1.62M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	21.83M	16.64M	27.85M	35.38M	32.93M
Total Cash And Short Term Investments	21.83M	16.64M	27.85M	35.38M	32.93M
Accounts Receivable, Total	473M	755M	621M	658M	729M
Other Receivables	24.77M	7.83M	3.83M	4.88M	20.16M
Total Receivables	497M	763M	625M	663M	749M
Inventory	178M	55.98M	32.57M	10.54M	13.64M
Prepaid Expenses	227M	42.87M	3.71M	8.44M	-
Other Current Assets, Total	456K	1.93M	4.95M	2.65M	1.12M
Total Current Assets	924M	880M	694M	720M	797M
Gross Property Plant And Equipment	96.32M	106M	128M	120M	118M
Accumulated Depreciation	-49.87M	-49.91M	-62.35M	-70.15M	-75.75M
Net Property Plant And Equipment	46.44M	56.28M	65.69M	50.3M	42.09M
Goodwill	412M	412M	412M	412M	412M
Other Intangibles, Total	3.27M	3.03M	1.31M	1.81M	1.84M
Deferred Tax Assets Long-Term	6.22M	7.81M	6.59M	12.56M	10.21M
Total Assets	1.39B	1.36B	1.18B	1.2B	1.26B
Liabilities
Accounts Payable, Total	47.41M	54.02M	71.59M	43.42M	58.88M
Accrued Expenses, Total	129M	137M	133M	126M	95.6M
Short-term Borrowings	775M	695M	543M	558M	570M
Current Portion of Leases	5.27M	12.12M	14.53M	11.42M	10.28M
Current Income Taxes Payable	22.81M	39.45M	1.81M	13.96M	19.9M
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	15.07M	23.27M	2.73M	29.32M	11.81M
Total Current Liabilities	995M	960M	767M	782M	766M
Long-Term Leases	14.64M	21.64M	34.14M	26.36M	21.11M
Deferred Tax Liability Non Current	-	-	-	-	-
Total Liabilities	1.01B	982M	801M	808M	787M
Common Stock, Total	143M	143M	143M	143M	143M
Retained Earnings	240M	234M	232M	247M	336M
Comprehensive Income and Other	-330K	164K	2.86M	-1.44M	-3.93M
Total Common Equity	383M	377M	378M	388M	475M
Total Equity	383M	377M	378M	388M	475M
Total Liabilities And Equity	1.39B	1.36B	1.18B	1.2B	1.26B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	286M	286M	286M	286M	286M
ECS Total Common Shares Outstanding	286M	286M	286M	286M	286M
Book Value / Share	1.34	1.32	1.32	1.36	1.66
Tangible Book Value	-32.37M	-37.51M	-35.37M	-25.49M	61.65M
Tangible Book Value Per Share	-0.11	-0.13	-0.12	-0.09	0.22
Total Debt	795M	729M	592M	596M	601M
Net Debt	773M	712M	564M	560M	568M
Debt Equivalent Oper. Leases	5.22M	11.4M	10.18M	248K	1.85M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	233K	138K	208K	328K	283K
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Finished Goods, Total	177M	55.84M	32.36M	10.21M	13.35M
Land - (BS)	-	-	-	-	-
Buildings, Total	-	-	-	-	-
Machinery, Total	59.26M	43.1M	41.34M	37.57M	37.3M
Full Time Employees	383	324	282	283	270
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	606K	871K	806K	851K	810K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	285M	263M	195M	183M	202M
Depreciation & Amortization - CF	12.95M	16.16M	18.26M	18.9M	17.22M
Depreciation & Amortization, Total	12.95M	16.16M	18.26M	18.9M	17.22M
Amortization of Deferred Charges, Total - (CF)	-	1.12M	1.22M	1.3M	722K
(Gain) Loss From Sale Of Asset	-40K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	390K	-	-	-	-
Asset Writedown & Restructuring Costs	1K	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	32.83M	47.08M	-14.45M	46.03M	41.98M
Change In Accounts Receivable	-328M	-80.39M	177M	-43.62M	-75.45M
Change In Inventories	40.66M	108M	25.63M	34.37M	-3.1M
Change In Accounts Payable	-9.28M	19.24M	-6.1M	-35.15M	-40.94M
Cash from Operations	34.82M	374M	397M	205M	143M
Capital Expenditure	-2.36M	-10.26M	-1.21M	-1.62M	-2.06M
Sale of Property, Plant, and Equipment	892K	11.28M	2.21M	247K	351K
Sale (Purchase) of Intangible assets	-3.27M	-880K	-	-1.8M	-750K
Other Investing Activities, Total	598K	781K	623K	585K	801K
Cash from Investing	-4.14M	918K	1.62M	-2.59M	-1.65M
Short Term Debt Issued, Total	265M	-	-	15M	11.7M
Total Debt Issued	265M	-	-	15M	11.7M
Short Term Debt Repaid, Total	-	-80M	-152M	-	-
Long-Term Debt Repaid, Total	-5.96M	-10.03M	-13.64M	-14.49M	-13.33M
Total Debt Repaid	-5.96M	-90.03M	-166M	-14.49M	-13.33M
Common Dividends Paid	-280M	-268M	-197M	-168M	-113M
Common & Preferred Stock Dividends Paid	-280M	-268M	-197M	-168M	-113M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-17.08M	-21.68M	-24.29M	-26.9M	-29.27M
Cash from Financing	-37.85M	-380M	-387M	-195M	-144M
Net Change in Cash	-7.18M	-5.19M	11.21M	7.54M	-2.45M
Supplemental Items
Cash Interest Paid	17.08M	21.68M	24.29M	26.9M	29.27M
Cash Income Tax Paid (Refund)	106M	109M	99.01M	60.87M	63.54M
Levered Free Cash Flow	-36.78M	324M	335M	160M	82.69M
Unlevered Free Cash Flow	-26.1M	338M	350M	177M	101M
Change In Net Working Capital	294M	-77.53M	-154M	15.87M	105M
Net Debt Issued / Repaid	259M	-90.03M	-166M	511K	-1.63M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	20.24	18.32	13.77	14.57	15.43
Return on Total Capital	24.61	22.07	16.84	17.82	18.42
Return On Equity %	75.44	69.12	51.61	47.85	46.91
Return on Common Equity	75.44	69.12	51.61	47.85	46.91
Margin Analysis
Gross Profit Margin %	59	59.4	54.7	52.79	54.86
SG&A Margin	22.48	22.43	24.34	23.17	19.34
EBITDA Margin %	36.5	35.8	27.43	27.58	32.08
EBITA Margin %	35.89	35.32	26.92	27.15	31.66
EBIT Margin %	35.89	35.32	26.92	27.15	31.66
Income From Continuing Operations Margin %	24.9	23	18.76	17.87	21.12
Net Income Margin %	24.9	23	18.76	17.87	21.12
Net Avail. For Common Margin %	24.9	23	18.76	17.87	21.12
Normalized Net Income Margin	21.53	20.93	15.4	15.33	17.88
Levered Free Cash Flow Margin	-3.22	28.42	32.23	15.58	8.63
Unlevered Free Cash Flow Margin	-2.28	29.61	33.69	17.22	10.53
Asset Turnover
Asset Turnover	0.9	0.83	0.82	0.86	0.78
Fixed Assets Turnover	22	22.22	17.03	17.68	20.75
Receivables Turnover (Average Receivables)	3.29	1.86	1.51	1.6	1.38
Inventory Turnover (Average Inventory)	2.3	3.97	10.62	17.45	35.8
Short Term Liquidity
Current Ratio	0.93	0.92	0.9	0.92	1.04
Quick Ratio	0.52	0.81	0.85	0.89	1.02
Operating Cash Flow to Current Liabilities	0.04	0.39	0.52	0.26	0.19
Days Sales Outstanding (Average Receivables)	110.87	196.34	241.83	228.3	264.03
Days Outstanding Inventory (Average Inventory)	158.61	92	34.36	20.97	10.2
Average Days Payable Outstanding	53.87	54.17	51.29	46.82	42.84
Cash Conversion Cycle (Average Days)	215.61	234.17	224.89	202.45	231.39
Long Term Solvency
Total Debt/Equity	207.81	193.24	156.71	153.57	126.52
Total Debt / Total Capital	67.51	65.9	61.05	60.56	55.85
LT Debt/Equity	3.83	5.74	9.04	6.79	4.44
Long-Term Debt / Total Capital	1.24	1.96	3.52	2.68	1.96
Total Liabilities / Total Assets	72.52	72.25	67.97	67.57	62.36
EBIT / Interest Expense	24.04	18.6	11.51	10.35	10.37
EBITDA / Interest Expense	24.8	19.34	12.26	11.05	10.96
(EBITDA - Capex) / Interest Expense	24.66	18.87	12.21	10.99	10.89
Total Debt / EBITDA	1.88	1.74	1.99	2	1.87
Net Debt / EBITDA	1.83	1.7	1.89	1.89	1.77
Total Debt / (EBITDA - Capex)	1.89	1.78	1.99	2.02	1.89
Net Debt / (EBITDA - Capex)	1.84	1.74	1.9	1.9	1.78
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.51	-0.21	-9.03	-1.28	-6.48
Gross Profit, 1 Yr. Growth %	13	0.46	-16.21	-4.73	-2.82
EBITDA, 1 Yr. Growth %	18.25	-2.14	-30.3	-1.02	8.79
EBITA, 1 Yr. Growth %	18.81	-1.8	-30.67	-0.71	9.05
EBIT, 1 Yr. Growth %	18.81	-1.8	-30.67	-0.71	9.05
Earnings From Cont. Operations, 1 Yr. Growth %	17.79	-7.84	-25.82	-5.96	10.54
Net Income, 1 Yr. Growth %	17.79	-7.84	-25.82	-5.96	10.54
Normalized Net Income, 1 Yr. Growth %	19.69	-3	-33.07	-1.8	9.07
Diluted EPS Before Extra, 1 Yr. Growth %	17.79	-7.84	-25.82	-5.96	10.54
Accounts Receivable, 1 Yr. Growth %	112.76	59.78	-17.81	6.03	10.74
Inventory, 1 Yr. Growth %	-22.75	-68.49	-41.81	-76.54	29.41
Net Property, Plant and Equip., 1 Yr. Growth %	-19.28	21.18	16.72	-23.43	-16.32
Total Assets, 1 Yr. Growth %	21.69	-2.36	-13.27	0.43	5.52
Tangible Book Value, 1 Yr. Growth %	-16.96	15.89	-5.7	-27.93	-341.88
Common Equity, 1 Yr. Growth %	2.65	-1.41	0.11	2.75	22.47
Cash From Operations, 1 Yr. Growth %	-82.24	974.04	6.03	-48.31	-30.29
Capital Expenditures, 1 Yr. Growth %	-30.96	334.09	-88.21	60.95	26.6
Levered Free Cash Flow, 1 Yr. Growth %	-125.99	-982.05	3.17	-52.37	-48.24
Unlevered Free Cash Flow, 1 Yr. Growth %	-117.15	-1.39K	3.53	-49.64	-42.81
Dividend Per Share, 1 Yr. Growth %	18.07	-10.2	-28.41	-6.35	7.63
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.73	5.96	-4.72	-5.23	-3.92
Gross Profit, 2 Yr. CAGR %	-3.03	6.55	-8.25	-10.66	-3.78
EBITDA, 2 Yr. CAGR %	-7.08	7.58	-17.41	-16.82	3.77
EBITA, 2 Yr. CAGR %	-7.13	8.01	-17.49	-16.91	4.05
EBIT, 2 Yr. CAGR %	-7.13	8.01	-17.49	-16.91	4.05
Earnings From Cont. Operations, 2 Yr. CAGR %	-9.22	4.19	-17.32	-16.48	1.96
Net Income, 2 Yr. CAGR %	-9.22	4.19	-17.32	-16.48	1.96
Normalized Net Income, 2 Yr. CAGR %	-7.57	7.75	-19.42	-18.9	3.49
Diluted EPS Before Extra, 2 Yr. CAGR %	-9.22	4.19	-17.32	-16.48	1.96
Accounts Receivable, 2 Yr. CAGR %	35.59	84.38	14.59	-6.65	8.36
Inventory, 2 Yr. CAGR %	34.46	-50.66	-57.18	-56.61	-44.9
Net Property, Plant and Equip., 2 Yr. CAGR %	-15.8	-1.1	18.93	-5.46	-19.95
Total Assets, 2 Yr. CAGR %	16.36	9	-7.98	-6.18	2.95
Tangible Book Value, 2 Yr. CAGR %	15.02	-1.9	4.54	-17.56	32.03
Common Equity, 2 Yr. CAGR %	-0.78	0.6	-0.65	1.42	12.18
Cash From Operations, 2 Yr. CAGR %	-67.57	38.1	237.46	-25.97	-39.97
Capital Expenditures, 2 Yr. CAGR %	-43.48	73.12	-28.46	-60.22	42.75
Levered Free Cash Flow, 2 Yr. CAGR %	-61.44	51.41	201.67	-29.82	-50.35
Unlevered Free Cash Flow, 2 Yr. CAGR %	-68.15	49	266.11	-27.72	-46.33
Dividend Per Share, 2 Yr. CAGR %	-8.87	2.97	-19.82	-18.12	0.4
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.11	-0.56	0.71	-3.59	-5.65
Gross Profit, 3 Yr. CAGR %	-8.99	-1.88	-1.66	-7.09	-8.12
EBITDA, 3 Yr. CAGR %	-13.32	-5.46	-6.91	-12.19	-9.03
EBITA, 3 Yr. CAGR %	-13.49	-5.39	-6.82	-12.15	-9.03
EBIT, 3 Yr. CAGR %	-13.49	-5.39	-6.82	-12.15	-9.03
Earnings From Cont. Operations, 3 Yr. CAGR %	-15.28	-8.77	-6.96	-13.69	-8.3
Net Income, 3 Yr. CAGR %	-15.28	-8.77	-6.96	-13.69	-8.3
Normalized Net Income, 3 Yr. CAGR %	-14.11	-6.07	-8.06	-13.91	-10.48
Diluted EPS Before Extra, 3 Yr. CAGR %	-15.28	-8.77	-6.96	-13.69	-8.3
Accounts Receivable, 3 Yr. CAGR %	30.66	43.22	40.84	11.66	-1.18
Inventory, 3 Yr. CAGR %	3.06	-17.1	-47.87	-61	-37.54
Net Property, Plant and Equip., 3 Yr. CAGR %	1.8	-4.93	4.52	2.69	-9.23
Total Assets, 3 Yr. CAGR %	8.13	9.75	1.01	-4.93	-2.43
Tangible Book Value, 3 Yr. CAGR %	55.43	15.31	-3.19	-7.65	18.02
Common Equity, 3 Yr. CAGR %	-3.2	-0.99	0.44	0.47	8
Cash From Operations, 3 Yr. CAGR %	-58.68	4.15	26.45	80.56	-27.44
Capital Expenditures, 3 Yr. CAGR %	-50.56	11.52	-29.3	-11.76	-41.49
Levered Free Cash Flow, 3 Yr. CAGR %	-54.01	9.46	33.24	63.17	-36.59
Unlevered Free Cash Flow, 3 Yr. CAGR %	-59.28	9.51	31.97	89.12	-33.14
Dividend Per Share, 3 Yr. CAGR %	-14.17	-9.32	-8.78	-15.56	-10.31
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-9.39	-2.8	-4.35	-2.45	-1.17
Gross Profit, 5 Yr. CAGR %	-11.87	-6.42	-8.69	-5.49	-2.51
EBITDA, 5 Yr. CAGR %	-13.92	-9.25	-14.98	-10.18	-2.72
EBITA, 5 Yr. CAGR %	-13.96	-9.34	-15.11	-10.18	-2.56
EBIT, 5 Yr. CAGR %	-13.96	-9.34	-15.11	-10.18	-2.56
Earnings From Cont. Operations, 5 Yr. CAGR %	-16.96	-11.83	-16.1	-11.93	-3.49
Net Income, 5 Yr. CAGR %	-16.96	-11.83	-16.1	-11.93	-3.49
Normalized Net Income, 5 Yr. CAGR %	-14.5	-10.03	-16.28	-11.43	-3.59
Diluted EPS Before Extra, 5 Yr. CAGR %	-16.96	-11.83	-16.1	-11.93	-3.49
Accounts Receivable, 5 Yr. CAGR %	22.74	36.81	23.98	20.68	26.82
Inventory, 5 Yr. CAGR %	-3.74	-25.05	-27.47	-36.01	-43.16
Net Property, Plant and Equip., 5 Yr. CAGR %	10.96	10.07	8.33	-5.15	-6.06
Total Assets, 5 Yr. CAGR %	3.09	5.41	1.37	3.08	1.99
Tangible Book Value, 5 Yr. CAGR %	-30.53	3.86	32.62	0.82	9.6
Common Equity, 5 Yr. CAGR %	-9.01	-0.26	-2.19	-0.03	4.98
Cash From Operations, 5 Yr. CAGR %	-43.53	0.09	-4.29	-9.14	-6.14
Capital Expenditures, 5 Yr. CAGR %	-36.3	-15.52	-42.69	-26.16	-9.7
Levered Free Cash Flow, 5 Yr. CAGR %	-38.25	-2.8	-2.41	-8.37	-10.19
Unlevered Free Cash Flow, 5 Yr. CAGR %	-42.52	-2.37	-1.98	-7.26	-7.88
Dividend Per Share, 5 Yr. CAGR %	-15.83	-12.24	-16.48	-12.94	-5.22