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Anheuser-Busch InBev SA/NV (BUD) annual results, year to 31 December 2017: revenue USD 54,859 million, from the 20-F

Anheuser-Busch InBev SA/NV files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2017 it reported revenue of USD 54,859 million, up 20.5% on the year before. Its profit attributable to shareholders was USD 7,990 million, up 543.8%, and diluted earnings per share USD 3.98.

The year to 31 December 2017, against the year before

Year toDec 2016 †Dec 2017 †
Revenue45,51754,859
Cost of sales17,80320,975
Gross profit27,71533,884
Research and development244265
Operating profit12,88216,460
Finance costs9,3827,006
Profit before tax4,33410,264
Income tax1,6131,658
Profit for the year2,7699,166
Profit attributable to shareholders1,2417,990
Filing20-F20-F

USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.

Year toDec 2016 †Dec 2017 †
Diluted EPS0.713.98
Basic EPS0.724.05
Filing20-F20-F

USD per ordinary share, as filed.

Cash flow

Year toDec 2016 †Dec 2017 †
Cash from operations10,11014,920
Purchase of property, plant and equipment4,9794,680
Free cash flow5,13110,240
Dividends paid8,4509,275
Filing20-F20-F

USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.

Balance sheet at year end

Year toDec 2016 †Dec 2017 †
Total assets256,586248,208
Equity attributable to shareholders71,33972,576
Cash and cash equivalents8,57910,472
Borrowings, as filed122,559116,382
Trade and other receivables6,3526,566
Inventories3,8894,119
Goodwill136,533140,940
Filing20-F20-F

USD million, at each fiscal year end.

Ratios on the filed lines

Year toDec 2016 †Dec 2017 †
Gross margin60.9%61.8%
Operating margin28.3%30.0%
Net margin2.7%14.6%
Free cash flow margin11.3%18.7%
Return on year-end equity1.7%11.0%
Effective tax rate37.2%16.2%
Filing20-F20-F

Arithmetic on the filed lines of the same year.

Every annual report here

Source

20-F for the year to 31 December 2017, filed 24 March 2020, accession 0001193125-20-082866: the filing on EDGAR. All of Anheuser-Busch InBev SA/NV's filings: EDGAR company page. The figures are in US dollars as filed.

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