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v3.24.0.1

Consolidated Income Statement - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Profit or loss [abstract] |  |  |  |  |
Revenue | $ 59,380 | $ 57,786 | [1] | $ 54,304 | [1]
Cost of sales | (27,396) | (26,305) | [1] | (23,097) | [1]
Gross profit | 31,984 | 31,481 | [1] | 31,207 | [1]
Distribution expenses | (6,277) | (6,389) | [1] | (5,889) | [1]
Sales and marketing expenses | (7,158) | (6,752) | [1] | (7,292) | [1]
Administrative expenses | (4,738) | (4,414) | [1] | (4,394) | [1]
Other operating income/(expenses) | 778 | 841 | [1] | 805 | [1]
Exceptional costs above profit from operations | (624) | (251) | [1] | (614) | [1]
Profit from operations | 13,966 | 14,517 | [1] | 13,824 | [1]
Finance cost | (6,133) | (5,814) | [1] | (6,040) | [1]
Finance income | 1,031 | 1,665 | [1] | 431 | [1]
Net finance income/(cost) | (5,102) | (4,148) | [1] | (5,609) | [1]
Share of result of associates | 295 | 299 | [1] | 248 | [1]
Exceptional share of results of associates | (35) | (1,143) | [1] | 0 | [1]
Profit before tax | 9,124 | 9,524 | [1] | 8,463 | [1]
Income tax expense | (2,234) | (1,928) | [1] | (2,350) | [1]
Profit of the period | 6,891 | 7,597 |  | 6,114 |
Profit of the period attributable to: |  |  |  |  |
Equity holders of AB InBev | 5,341 | 5,969 | [1] | 4,670 | [1]
Non-controlling interest | $ 1,550 | $ 1,628 | [1] | $ 1,444 | [1]
Basic earnings per share | $ 2.65 | $ 2.97 | [1] | $ 2.33 | [1]
Diluted earnings per share | $ 2.6 | $ 2.91 | [1] | $ 2.28 | [1]
[1] | As from 1 January 2023, mark-to-market gains/(losses) on derivatives related to the hedging of the share-based payment programs are reported in the exceptional net finance income/(cost). The 2021 and 2022 presentation were amended to conform to the 2023 presentation.

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