FAQs and Glossary
If you have specific questions on the financials or the shares of Anheuser-Busch InBev, you may contact our Investor Relations department. However, we encourage you to first review our website. If you have questions concerning other topics (corporate governance, careers, press releases), please refer to the other contacts highlighted in the different sections.
For environmental reasons, we strongly encourage you to download the pdf version available on our website.
If you are a North American resident, it is also possible to order a printed version of the Annual Report by sending a written request to:
Issuer Direct Corp, 500 Perimeter Park Drive, Suite D, Morrisville NC 7560 or by calling 1-888-301-2501, or by filing out a request online at https://app.irdirect.net/company/2888/hotline.
If you are resident in any other country, please contact investor.relations@ab-inbev.com.
To find out more about the markets in which we operate and our market shares, please refer to our Annual Report. To learn more about our brand portfolio, you can find further information in our brands section.
If you would like to receive alerts when we publish press releases and results, please sign up for our e-mail alerts. To unsubscribe, please click here.
We report our market shares per country once per year in our annual report. Please refer to our latest Annual Report here.
Our ownership structure can be found here.
Anheuser-Busch InBev was created in November 2008 following the combination of InBev and Anheuser-Busch. For more information on the transaction, please click here.
InBev was created in 2004 with the merger if Interbrew and Ambev. For more information on our heritage, please click here.
If you would like to learn more about Ambev, please visit their corporate website at http://www.ambev.com.br.
Shareholder inquiries pertaining to the status of legacy Anheuser Busch shares should be referred to Computershare at 1-855-396-2084.
Financial Questions
We report our results on a quarterly basis. For the exact timing, please refer to our Events Calendar.
Financials can be found under Financial Information, where you can learn more about our key financials, geographical breakdown and dividend payment.
Anheuser-Busch InBev's reporting currency is US dollars and functional currency is Euros.
Anheuser-Busch InBev uses the International Financial Reporting Standards (IFRS).
Anheuser-Busch InBev's fiscal year is the 12-month calendar year (January - December).
Under ZBB, budget decisions are unrelated to the previous year’s levels of expenditure and require justification starting from a zero base each year. Employee compensation is closely tied to delivering on zero-based budgets. ZBB has been implemented in all of our business units.
VPO is a continuous program to bring greater efficiency and standardization to our brewing operations and to generate cost savings, while at the same time improving quality, safety and the environment. VPO also entails assessment of our procurement processes to maximize purchasing power and to help us achieve the best results when purchasing a range of goods and services. Behavioral change towards greater cost awareness is at the core of this program, and comprehensive training modules have been established to assist our employees with the implementation of VPO in their daily routines.
Share Information
Click here to view outstanding shares and subscription rights.
Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary listings on the Mexico (MEXBOL: ABI) and South Africa (JSE: ANB) stock exchanges and with American Depositary Receipts on the New York Stock Exchange (NYSE: BUD).
No, Anheuser-Busch InBev doesn't offer a direct purchase program. However, if you are interested in purchasing Anheuser-Busch InBev shares, please contact either your bank or broker.
Click here to view shareholder structure.
Click here for share information including market capitalization.
Yes, Anheuser-Busch InBev has an ADR program and is listed on the New York Stock Exchange (NYSE) in the U.S., under the ticker symbol BUD. Click here to read more.
Glossary
The aggregated weighted nominal tax rate is based on the statutory corporate income tax rates applicable in the various countries.
Profit attributable to equity holders of AB InBev divided by the fully diluted weighted average number of ordinary shares.
Weighted average number of ordinary shares, adjusted by the effect of share options on issue.
Profit from operations.
Profit from operations plus depreciation, amortization and impairment.
Profit attributable to equity holders of AB InBev divided by the weighted average number of ordinary shares.
Includes property, plant and equipment, goodwill and intangible assets, investments in associates and equity securities, working capital, provisions, employee benefits and deferred taxes.
Includes all costs relating to the support and promotion of the brands. They include among others operating costs (payroll, office costs, etc.) of the marketing department, advertising costs (agency costs, media costs, etc.), sponsoring and events, and surveys and market research.
Acquisitions of property, plant and equipment and of intangible assets, minus proceeds from sale.
Non-current and current interest-bearing loans and borrowings and bank overdrafts, minus debt securities and cash.
Items of income or expense which do not occur regularly as part of the normal activities of the company.
The term “normalized” refers to performance measures (EBITDA, EBIT, Profit, EPS, effective tax rate) before non-recurring items. Non-recurring items are items of income or expense which do not occur regularly as part of the normal activities of the company and which warrant separate disclosure because they are important for the understanding of the underlying results of the company due to their size or nature. AB InBev believes that the communication and explanation of normalized measures is essential for readers of its financial statements to understand fully the sustainable performance of the company. Normalized measures are additional measures used by management and should not replace the measures determined in accordance with IFRS as an indicator of the company’s performance.
Diluted EPS adjusted for non-recurring items.
Profit from operations adjusted for non-recurring items.
Profit from operations adjusted for non-recurring items, plus depreciation, amortization and impairment.
Effective tax rate adjusted for non-recurring items.
EPS adjusted for non-recurring items.
Profit adjusted for non-recurring items.
Profit from operations adjusted for non-recurring items.
Gross dividend per share multiplied by the estimated number of ordinary shares outstanding at the dividend record date, divided by normalized profit attributable to equity holders of AB InBev.
Comprised of actuarial gains and losses, the effect of the asset ceiling (excluding net interest) and the return on plan assets (excluding net interest).
Gross revenue less excise taxes and discounts.
Include all costs relating to the selling of the products. They include among others the operating costs (payroll, office costs, etc.) of the sales department and the sales force.
Financials are analyzed eliminating the impact of changes in currencies on translation of foreign operations, and scopes. A scope represents the impact of acquisitions and divestitures, the start-up or termination of activities or the transfer of activities between segments, curtailment gains and losses and year-over-year changes in accounting estimates and other assumptions that management does not consider as part of the underlying performance of the business.
Number of shares outstanding at the beginning of the period, adjusted by the number of shares cancelled, repurchased or issued during the period multiplied by a time-weighing factor.
Includes inventories, trade and other receivables and trade and other payables, both current and non-current.