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Annual Report and Accounts 2019
IMPERIAL BRANDS PLC BRANDS IMPERIAL ANNUAL REPORT AND ACCOUNTS 2019 ACCOUNTS AND REPORT ANNUAL ANNUAL REPORT AND ACCOUNTS 2019 OUR PURPOSE WE CAN I OWN Our purpose is to create something Everything See it, seize it, is possible, make it happen better for the world’s smokers with together we win our portfolio of high quality next generation and tobacco products. In doing so we are transforming WE SURPRISE I AM our business and strengthening New thinking, My contribution new actions, counts, think free, our sustainability and value creation. exceed what’s speak free, act possible with integrity OUR VALUES Our values express who we are and WE ENJOY I ENGAGE capture the behaviours we expect Thrive on Listen, challenge, share, make from everyone who works for us. make it fun connections The following table constitutes our Non-Financial Information Statement in compliance with Sections 414CA and 414CB of the Companies Act 2006. The information listed is incorporated by cross-reference. Additional Non-Financial Information is also available on our website www.imperialbrands.com. Policies and standards which Information necessary to understand our business Page Reporting requirement govern our approach1 and its impact, policy due diligence and outcomes reference Environmental matters • Occupational health, safety and Environmental targets 21 environmental policy and framework • Sustainable tobacco programme International management systems 21 Climate and energy 21 Reducing waste 19 Sustainable tobacco supply 20 Supporting wood sustainability -
Tabak Und Zigaretten Der Vegan News-‐Einkaufsguide
Tabak und Zigaretten Der Vegan News-Einkaufsguide VEGAN* Imperial Tobacco Quelle: www.imperial-tobacco.at/component/itrfile/?view=download&id=209 Davidoff JPS Drum R1 Ernte 23 Rizla Gauloises Route 66 Gauloises Brunes Stuyvesant Gitanes Van Nelle Golden Virginia West Von-Eicken Quelle: http://www.von-eicken.com/de/umweltschutz/ Allure Dockers Burton Manitou Organic Denim Pepe Dimitrinos St. Pauli Pöschl Tabak Quelle: E-Mail Anfrage Black Hawk Manila Bounty Pontiac Brookfield Pueblo Holland Art Red Bull JBR Turner *Vegan in Zusammenhang mit Zigaretten/Tabak meint an dieser Stelle, dass in den Produkten keine tierischen Inhaltsstoffe vorhanden sind sowie seitens des Unternehmens keine TierversuChe durChgeführt werden. Vegan News Stand: 31. Dezember 2015 NICHT FÜR VEGANER GEEIGNET Lorillard Tobacco Kent Old Gold Maverick Satin Max True Newport R.J. Reynolds Tobacco Company Barclay Monarch Belair More Capri Natural American Spirit Carlton Now Doral Salem Eclipse Tareyton GPC Vantage Kool Viceroy Misty Philip Morris Accord Diana Number 7 Alpine Dji Sam Soe Optima Apollo-Soyuz Eve Papastratos Assos English Ovals Parisienne Jaune Basic f6 Parliament Belmont Fajrant Peter Jackson Best Fortune Petra Bond Street Hope Philip Morris Boston Juwel Players Bristol Karo Polyot Bucks L&M Red & White Cambridge Lark Sampoerna A Canadian Classics Longbeach Saratoga Chesterfield Marlboro SG Classic Merit Sparta Collector’s Choice Moven Gold Start Commander Multi DeLuxe U Mild Daves Multifilter Vatra Delicados Muratti Virginia Slims Vegan News Stand: 31. Dezember 2015 British American Tobacco Dunhill Prince Fair Play Samson HB Schwarzer Krauser Javaanse Jongens Vogue Lord Vype (E-Zigarette) Lucky Strike Westpoint Pall Mall Japan Tobacco International Benson & Hedges Nil Camel Old Holborn Club Overstolz Coronas Peter I Ducat Reyno Export 'A' Ronson Glamour Russian Style M Salem Magna Silk Cut Mayfair Sobranie Memphis Sovereign Mi Ne St George Mild Seven Tawa Mercedes de Luxe Troika Monte Carlo Winston More Winchester Vegan News Stand: 31. -
Tobacco Securitization
Memorandum Office of Jenine Windeshausen Treasurer-Tax Collector To: The Board of Supervisors From: Jenine Windeshausen, Treasurer-Tax Collector Date: October 27, 2020 Subject: Tobacco Securitization Action Requested a) Adopt a resolution consenting to the issuance and sale by the California County Tobacco Securitization Agency not to exceed $67,000,000 initial principal amount of tobacco settlement bonds (Gold Country Settlement Funding Corporation) Series 2020 Bonds in one or more series and other related matters; authorizing the execution and delivery by the county of a certificate of the county; and authorizing the execution and delivery of and approval of other related documents and actions in connection therewith. b) Direct that eligible proceeds from the Series 2020 Bonds be expended on infrastructure improvements at the Placer County Government Center, construction of the Health and Human Services Building and other Board approved capital facilities projects. Background October 6, 2020 Board of Supervisors Meeting Summary. Your Board received an update regarding the County’s prior tobacco securitizations and information on the potential to refund the Series 2006 Bonds to receive additional proceeds for capital projects. Based on that update, the Board requested the Treasurer to return to the Board on October 27, 2020 with a resolution approving documents and other matters to proceed with refunding the Series 2006 Bonds. In summary from the October 6, 2020 meeting, the County receives annual payments in perpetuity from the 1998 Master Settlement Agreement (MSA). The MSA payments are derived from a percentage of cigarette sales. Placer County issued bonds in 2002 and 2006 to securitize a share of its MSA payments. -
Imperial Tobacco Group Plc Annual Report and Accounts
IMPERIAL TOBACCO GROUP PLC ANNUAL REPORT AND ACCOUNTS 2003 02 FINANCIAL HIGHLIGHTS 03 PERFORMANCE 05 INTERNATIONAL 06 COST FOCUS 08 BRANDS 10 ACQUISITIONS 12 CHAIRMAN’S STATEMENT 15 CHIEF EXECUTIVE’S COMMITTEE 17 OPERATING AND FINANCIAL REVIEW 30 OPERATING ENVIRONMENT 34 BOARD OF DIRECTORS 36 SHAREHOLDER INFORMATION 37 REPORT OF THE DIRECTORS 39 CORPORATE GOVERNANCE 45 DIRECTORS’ REMUNERATION REPORT 57 INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF IMPERIAL TOBACCO GROUP PLC 58 CONSOLIDATED PROFIT AND LOSS ACCOUNT 58 STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES 59 CONSOLIDATED BALANCE SHEET 60 CONSOLIDATED CASH FLOW STATEMENT 61 ACCOUNTING POLICIES 63 NOTES TO THE ACCOUNTS 96 IMPERIAL TOBACCO GROUP PLC BALANCE SHEET 97 NOTES TO THE IMPERIAL TOBACCO GROUP PLC BALANCE SHEET 99 PRINCIPAL SUBSIDIARIES Imperial Tobacco is the world’s fourth largest international tobacco company which manufactures, markets and sells a comprehensive range of cigarettes, tobaccos, rolling papers and cigars. ITG 01 The consistent application of our strategy has delivered compound annual growth in adjusted earnings per share of 18% and in dividends per share of 15% since 1997. FINANCIAL HIGHLIGHTS (In £’s million) 2003 2002 2001 2000 1999 Turnover 11,412 up 38% 8,296 5,918 5,220 4,494 Operating profit 881 up 46% 603 604 560 518 Adjusted operating profit 1 1,135 up 44% 789 619 568 518 Pre-tax profit 656 up 55% 423 494 450 400 Adjusted pre-tax profit 1 898 up 40% 642 509 458 400 Profit after tax 424 up 50% 283 355 323 287 Adjusted profit after tax 1 655 up 41% 465 370 331 287 (In pence) 2003 2002 2001 2000 1999 Basic earnings per share 58.1 up 42% 41.0 56.6 52.3 46.4 Adjusted earnings per share 1 90.0 up 32% 68.4 59.0 53.6 46.4 Diluted earnings per share 57.9 up 42% 40.8 56.2 52.0 46.1 Dividend per share 42.0 up 27% 33.0 28.8 26.4 23.0 1 Adjusted to exclude the effect of amortisation and exceptional items. -
Imperial Tobacco Group Plc Interim Management Statement for the Nine Months Ended 30 June 2015
IMPERIAL TOBACCO GROUP PLC INTERIM MANAGEMENT STATEMENT FOR THE NINE MONTHS ENDED 30 JUNE 2015 STRATEGIC PROGRESS CONTINUES – ON TRACK FOR FULL YEAR Strengthening our Portfolio • Excellent results from Growth Brands; underlying net revenue, underlying volume and market share up 14 per cent, 10 per cent and 100 bps respectively • Continued success of brand migrations; 13 complete (8 in FY15), 21 ongoing; high level of consumer retention • Growth and Specialist Brands proportion of reported tobacco net revenue up 580 bps to 59 per cent Developing our Footprint • Continued progress in Growth Markets: underlying net revenue down 1 per cent; up 3 per cent ex Iraq • Improving underlying net revenue growth of 1 per cent in Returns Markets • Total underlying net revenue flat and volumes down 6 per cent (net revenue up 1 per cent and volumes down 4 per cent ex Iraq) • Acquisition of US assets completed; ITG Brands fully operational and integration progressing to plan Cost Optimisation • Focus on complexity reduction, improved ways of working and cost efficiencies ongoing • Cost optimisation programme remains on track to deliver £85 million savings in FY15 Capital Discipline • Expect cash conversion of c.90 per cent for the full year with consistent focus on managing working capital • Continuing commitment to ongoing debt reduction • On track to deliver dividend growth of 10 per cent for the full year Overview 9 months to 30 June Change Constant 2015 2014 Actual Currency1 Underlying2 Growth Brands volume bn SE 105.4 91.7 +15% - +10% Tobacco net revenue3 £m 4,435 4,632 R -4% +2% 0% Total Tobacco volume3 bn SE 207.4 213.3 -3% - -6% 1 Change at constant currency removes the effect of exchange rate movements on the translation of the results of our overseas operations. -
Fusionskontrolle: Kommission Genehmigt Geplante Übernahme Von Altadis Durch Imperial Tobacco Unter Auflagen
IP/07/1554 Brüssel, den 18. Oktober 2007 Fusionskontrolle: Kommission genehmigt geplante Übernahme von Altadis durch Imperial Tobacco unter Auflagen Die Europäische Kommission hat nach der EU-Fusionskontrollverordnung die geplante Übernahme des französisch-spanischen Unternehmens Altadis durch das britische Unternehmen Imperial Tobacco genehmigt. Die Entscheidung der Kommission ist an die Bedingung geknüpft, dass das neue Unternehmen auf bestimmten nationalen Märkten mehrere Marken für Tabak zum Selbstdrehen, Pfeifentabak und Zigarren veräußert. Die Kommission hatte bei der Prüfung des Fusionsvorhabens in Bezug auf diese Märkte wettbewerbsrechtliche Bedenken angemeldet. In Anbetracht der genannten Verpflichtung kam die Kommission zu dem Schluss, dass der Zusammenschluss den wirksamen Wettbewerb im Europäischen Wirtschaftsraum (EWR) oder in einem wesentlichen Teil desselben nicht erheblich behindern dürfte. Imperial Tobacco Group plc ist in der Herstellung und dem Vertrieb einer breiten Palette von Tabakerzeugnissen (Zigaretten, Drehtabak einschließlich Zigarettenpapier, Pfeifentabak und maschinengefertigten Zigarren) tätig und in mehr als 130 Ländern präsent. Das Portfolio des Unternehmens enthält die Zigarettenmarke West, die Drehtabakmarken Drum, Golden Virginia und Van Nelle und die Zigarettenpapiermarke Rizla. Auch Altadis S.A. ist weltweit in der Herstellung und dem Vertrieb von Tabakerzeugnissen einschließlich Zigaretten und Zigarren tätig. Das Unternehmen ist aus den früheren französischen und spanischen Monopolbetrieben Seita und Tabacalera hervorgegangen. Zu seinen wichtigsten Zigarettenmarken gehören Gauloises, Fortuna, Ducados und Gitanes. Altadis stellt sowohl maschinengefertigte als auch handgemachte Zigarren her. Das Unternehmen hält seit dem Jahr 2000 einen Anteil von 50 % an der Corporación Habanos und verfügt dadurch über einen hohen Marktanteil bei handgemachten kubanischen Zigarren. Altadis erbringt auch logistische Dienstleistungen für Tabakerzeugnisse und sonstige Produkte in Frankreich, Italien, Marokko, Portugal und Spanien. -
Negativliste. Tobaksselskaber. Oktober 2016
Negativliste. Tobaksselskaber. Oktober 2016 Læsevejledning: Indrykket til venstre med fed tekst fremgår koncernen. Nedenunder, med almindelig tekst, fremgår de underliggende selskaber, som der ikke må investeres i. Alimentation Couche Tard Inc Alimentation Couche-Tard Inc Couche-Tard Inc Alliance One International Inc Alliance One International Inc Altria Group Inc Altria Client Services Inc Altria Consumer Engagement Services Inc Altria Corporate Services Inc Altria Corporate Services International Inc Altria Enterprises II LLC Altria Enterprises LLC Altria Finance Cayman Islands Ltd Altria Finance Europe AG Altria Group Distribution Co Altria Group Inc Altria Import Export Services LLC Altria Insurance Ireland Ltd Altria International Sales Inc Altria Reinsurance Ireland Ltd Altria Sales & Distribution Inc Altria Ventures Inc Altria Ventures International Holdings BV Batavia Trading Corp CA Tabacalera Nacional Fabrica de Cigarrillos El Progreso SA Industria de Tabaco Leon Jimenes SA Industrias Del Tabaco Alimentos Y Bebidas SA International Smokeless Tobacco Co Inc National Smokeless Tobacco Co Ltd Philip Morris AB Philip Morris Albania Sh pk Philip Morris ApS Philip Morris Asia Ltd Philip Morris Baltic UAB Philip Morris Belgium BVBA Philip Morris Belgium Holdings BVBA Philip Morris Belgrade doo Philip Morris BH doo Philip Morris Brasil SA Philip Morris Bulgaria EEOD Philip Morris Capital Corp Philip Morris Capital Corp /Rye Brook Philip Morris Chile Comercializadora Ltda Philip Morris China Holdings SARL Philip Morris China Management -
Selling Tobacco, Electronic Cigarettes and E-Liquids the Consequences
Selling Tobacco, Electronic Cigarettes and E-Liquids • You must be registered with the Scottish Government to sell tobacco products, electronic cigarettes or e-liquids by retail. Register online at: www.tobaccoregisterscotland.org/ • It is an offence to supply a tobacco product, cigarette papers, electronic cigarettes or e-liquids to anyone under 18 (even if they claim it is for an adult) • It is an offence for any person under 18 to buy a tobacco product or cigarette papers. • It is an offence for any person over 18 to knowingly buy or attempt to buy a tobacco product or cigarette papers on behalf of someone under 18. • Cigarettes must only be sold in packs of 20 or more. It is illegal to sell single cigarettes. • The sale of cigarettes via a vending machine for use by customers is prohibited. The Consequences of Not Complying with the Law: There are serious consequences for those who do not comply with tobacco sales legislation. Trading Standards Officers have powers to issue Fixed Penalty Notices for offences such as selling to someone aged under 18, not being a registered seller, and not displaying the required notice (see below). The fixed penalty has been set at £200. This will increase by £200 for every offence committed within a two year period. It should be noted that a fixed penalty can be issued to either a sales assistant, the owner of the premises, or both. If a retailer is found to be in breach of tobacco sales legislation three times within a two year period, the local authority can apply to the courts to have the retailer banned from selling tobacco. -
Bases Loaded Beyond E-Cigs and Vapor Devices, New Tobacco Technologies Are Stepping up to by Renée Covino the Plate with Power
JTI Debuts a New Design for Wave MAY/JUNE 2015 VOLUME 18 n NUMBER 3 The Tobacco Innovation Game: BASES LOADED BEYOND e-cigs and vapor devices, NEW tobacco technologies are STEPPING UP to By Renée Covino the plate with POWER. Will reduced-harm products and OTHER innovations change up the COMPETITIVE FIELD? 2015 Vapor Expo Preview The Dark Side of Taxation Uhle Tobacco Company’s Journey PUBLISHER’S LETTER BY ED O’CONNOR Father’s Day 2015… Now 115 Years Old Father’s Day turned 100 years old on June 20, 2010. Sono- So we’ve done the next best thing. Enjoy “Unforbidden ra Smart Dodd, often referred to as the “Mother of Father’s Fruit,” Renee Covino’s article on Cuban cigars appearing in Day,” was 16 years old when her mother died in 1898, the March/April issue of TBI (p. 30) with comments by Dick leaving her father, William Jackson Smart, to raise Sonora Dimeola, a premium cigar expert and long-time friend of and her five younger brothers on a remote farm in eastern the cigar industry, Victor Vitale, Marshall Gray and other ci- Washington. In 1909, Sonora heard a Mother’s Day church gar aficionados. Don’t have a hard copy? Your cigar article sermon inspiring her to propose that fathers receive equal is available to you on tobonline.com. recognition, lending credence to the old saying, “Behind For those of us excited about the dynamic growth of the every good man there’s a good woman.” electronic nicotine (c-cig and VTM) markets, be sure to With the assistance of her pastor, the Spokane, Wash- check out this issue’s Electric Alley column (p. -
Imperial Tobacco Finance
Prospectus Imperial Tobacco Finance PLC A9.4.1.1 (Incorporated with limited liability in England and Wales with registered number 03214426) A9.4.1.2 Imperial Tobacco Finance France SAS (A société par actions simplifiée incorporated in France) €15,000,000,000 Debt Issuance Programme Irrevocably and unconditionally guaranteed by Imperial Tobacco Group PLC A9.4.1.1 (Incorporated with limited liability in England and Wales with registered number 03236483) A9.4.1.2 This Prospectus amends, restates and supersedes the offering circular dated 21st February 2014. Any Notes issued after the date hereof under the Debt Issuance Programme described in this Prospectus (the “Programme”) are issued subject to the provisions set out herein. This Prospectus will not be effective in respect of any Notes issued under the Programme prior to the date hereof. Under the Programme, Imperial Tobacco Finance PLC (“Imperial Finance” or an “Issuer”) and Imperial Tobacco Finance France SAS A6.1 (“Imperial Finance France” or an “Issuer” and together with Imperial Finance “the Issuers”), subject to compliance with all relevant laws, regulations and directives, may from time to time issue debt securities (the “Notes”) guaranteed by Imperial Tobacco Group PLC (“Imperial Tobacco” or the “Guarantor”) and Imperial Tobacco Limited (“ITL”). Please see the Trust Deed dated 6th February 2015 (the “Trust Deed”) which is available for viewing by Noteholders as described on page 124 for further details about the Imperial Tobacco guarantee and page 98 for further details regarding the ITL guarantee. The aggregate nominal amount of Notes outstanding will not at any time exceed €15,000,000,000 (or the equivalent in other currencies). -
E-Cigarettes 003292 Blu Ecigs®
July 12, 2012 TO: Wholesalers reporting Shipment Data to MSAi for blu ecigs SUBJECT: 2012 blu ecigs DATA REPORTING PROGRAMMING DETAILS Enclosed is a copy of the 2012 blu ecigs Data Reporting Programming Details document which includes Data reporting instructions for reporting Electronic Cigarettes to MSAi for blu ecigs using the Multi-CatTM All Tobacco Format. This document is being sent to you in response to your recent enrollment with blu ecigs to report shipment Data for electronic cigarettes. These instructions outline standard requirements for reporting Electronic Cigarette products to blu ecigs, which includes disposables, refill cartridges and kits. The attached document reflects the assignment of a new MSAi Category Code that should be used for reporting Data for Electronic Cigarettes in the Multi-CatTM All Tobacco Format. E-Cigarettes 003292 All Wholesalers reporting Shipment Data to MSAi for blu ecigs must ensure that their systems reflect the required product descriptions to ensure that weekly sales of blu ecigs products to your customers are correctly reported to the Distributor Support Center. Contact the Distributor Support Center at (1-877-544-4429) for questions pertaining to reporting Electronic Cigarettes under the MULTICATTM format. blu ecigs® blu ecigs is a registered trademark of Lorillard Technologies, Inc. blu ecigs Data Reporting Program 2012 MultiCatTM All Tobacco Data Programming Details MSAi Copyright©2012 Updated on 6-28-12 blu ecigs Data Reporting Requirements – V. 1.0 (Effective 7/01/12) blu ecigs DATA REPORTING REQUIREMENTS Data: • All Data which includes shipments to retail, returns, and inventory must be reported in selling units and submitted in the following reporting format outlined in this document: MULTICATTM All Tobacco Format Wholesalers opting to utilize the optional MULTICATTM Format to satisfy blu ecigs reporting program requirements must agree to release all sales Data to blu ecigs. -
Cigarette Price List Effective 02Nd December 2019
Cigarette Price List Effective 02nd December 2019 Price Name Price Name €18.20 B&H Maxi Box 28’s €13.20 Superkings Black €18.20 Silk Cut Blue 28’s €13.20 Superkings Blue €18.20 Silk Cut Purple 28’s €13.20 Superkings Green Menthol €17.00 Marlboro Gold KS Big Box 28s €13.20 Pall Mall 24’s Big Box €16.65 Major 25’s €13.20 JPS Red 24’s €16.40 John Player Blue Big Box 27’s €13.20 JPS Blue 24’s €16.00 Mayfair Superking Original 27’s €13.00 Silk Cut Choice Super Line 20s €16.00 Mayfair Original 27’s €13.00 John Player Blue €16.00 Pall Mall Red 30’s €13.00 John Player Bright Blue €16.00 Pall Mall Blue 30’s €13.00 John Player Blue 100’s €16.00 JPS Blue 29’s €13.00 Lambert & Butler Silver €15.20 Silk Cut Blue 23’s €12.70 B&H Silver 20’s €15.20 Silk Cut Purple 23’s €12.70 B&H Select €15.20 B&H Gold 23’s €12.70 B&H Select 100’s €14.80 John Player Blue Big Box 24’s €12.70 Camel Filters €14.30 Carroll’s Number 1 23 Pack €12.70 Camel Blue €14.20 Mayfair Original 24’s €12.30 Vogue Green €13.70 Players Navy Cut €12.30 Vogue Blue Capsule €13.70 Regal €11.80 Mayfair Double Capsule €13.70 Rothmans €11.80 John Player Blue Compact €13.70 Consulate €11.80 Mayfair Original €13.70 Dunhill International €11.80 Pall Mall Red €13.50 B&H Gold 100’s 20s €11.80 Pall Mall Blue €13.50 Carroll’s No.1 €11.80 Pall Mall Red 100’s €13.50 B&H K.S.