XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Income Statement - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Profit or loss [abstract]      
Revenue $ 54,304 $ 46,881 $ 52,329
Cost of sales (23,097) (19,634) (20,362)
Gross profit 31,207 27,247 31,967
Distribution expenses (5,889) (5,104) (5,525)
Sales and marketing expenses (7,292) (6,861) (7,348)
Administrative expenses (4,394) (3,404) (3,548)
Other operating income/(expenses) 805 845 875
COVID-19 costs (105) (182)  
Restructuring (172) (157) (170)
Business and asset disposal (including impairment losses) (247) (239) (50)
Acquisition costs business combinations (17) (25) (23)
Zenzele Kabili costs (72)    
Impairment of goodwill   (2,500)  
Brazil state tax regularization program     (74)
Cost related to public offering of minority stake in Budweiser APAC     (6)
Profit from operations 13,824 9,620 16,098
Finance cost (6,040) (8,419) (5,993)
Finance income 431 722 2,519
Net finance income/(cost) (5,609) (7,697) (3,473)
Share of result of associates and joint ventures 248 156 152
Profit before tax 8,463 2,079 12,776
Income tax expense (2,350) (1,932) (2,786)
Profit from continuing operations 6,114 147 9,990 [1]
Profit from discontinued operations 0 2,055 424
Profit of the period 6,114 2,202 10,414
Profit/(loss) from continuing operations attributable to:      
Equity holders of AB InBev 4,670 (650) 8,748
Non-controlling interest 1,444 797 1,243
Profit of the period attributable to:      
Equity holders of AB InBev 4,670 1,405 9,171
Non-controlling interest $ 1,444 $ 797 $ 1,243
Basic earnings per share $ 2.33 $ 0.70 $ 4.62
Diluted earnings per share 2.28 0.69 4.53
Basic earnings per share from continuing operations 2.33 (0.33) 4.41
Diluted earnings per share from continuing operations $ 2.28 $ (0.33) $ 4.32
[1] The consolidated statement of cash flows for 2019 has been restated to include operating, investing and financing activities from discontinued operations separately in the cashflow statement. In addition, the 2019 cash flow from investing activities has been restated to reflect reclassification of the cash flow hedges in relation to the Australia divestiture reported in the financing activities in 2019 and recycled to profit or loss upon the completion of the transaction.