Below are the financial statements of Associated British Foods, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of GBP | 2024 | 2023 |
|---|---|---|
| Continuing operations | — | — |
| Revenue | 20,073a | 19,750a |
| Operating costs before exceptional items | -18,239a | -18,410a |
| Exceptional items | -35a | -109a |
| Share of profit after tax from joint ventures and associates | 117a | 124a |
| Profits less losses on disposal of non-current assets | 16a | 28a |
| Operating profit | 1,932a | 1,383a |
| Adjusted operating profit | 1,998a | 1,513a |
| Profits less losses on sale and closure of businesses | 26a | -3a |
| Profit before interest | 1,958a | 1,380a |
| Finance income | 71a | 48a |
| Finance expense | -135a | -128a |
| Other financial income | 23a | 40a |
| Profit before taxation | 1,917a | 1,340a |
| Adjusted profit before taxation | 1,957a | 1,473a |
| Taxation | — | — |
| UK (excluding tax on exceptional items) | -108a | -40a |
| UK (on exceptional items) | -5a | 0a |
| Overseas (excluding tax on exceptional items) | -335a | -300a |
| Overseas (on exceptional items) | -1a | -68a |
| Profit for the period | 1,480a | 1,068a |
| Attributable to equity shareholders | 1,455a | 1,044a |
| Non-controlling interests | 25a | 24a |
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