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Non-controlling interests
 12 Months Ended
Dec. 31, 2024
Text Block1 [Abstract]  
Non-controlling interests
30.
Non-controlling
interests
As at 31 December 2024 and 2023, material
non-controlling
interests relate to Ambev, a Brazilian listed subsidiary in which AB InBev has 61.74% ownership, and Budweiser APAC, an Asia Pacific listed subsidiary in which AB InBev has 87.22% ownership. The tables
below provide summarized information derived from the consolidated financial statements of Ambev and Budweiser APAC as of 31 December 2024, 2023 and 2022, in accordance with IFRS.
Summarized financial information of Ambev and Budweiser APAC, in which the company has material
non-controlling
interests, is as follows:
 
    
Ambev
     
Budweiser APAC
  
Million US dollar
   
31 December
2024
     
31 December
2023
     
31 December
2024
     
31 December
2023
  
                                     
Summarized statement of financial position information
   
  
  
  
Current assets
   
8 746
   
7 552
   
3 824
   
4 259
Non-current
assets
   
17 498
   
19 846
   
10 945
   
11 975
Current liabilities
   
7 976
   
8 470
   
3 924
   
4 649
Non-current
liabilities
   
2 186
   
2 374
   
605
   
735
Equity attributable to equity holders
   
15 930
   
16 312
   
10 184
   
10 785
Non-controlling
interests
   
151
   
242
   
56
   
65
 
    
Ambev
     
Budweiser APAC
  
 Million US dollar
   
 2024 
     
2023 
     
 2022 
     
 2024 
     
 2023 
     
 2022 
  
                                                       
Summarized income statement and other comprehensive income information
   
  
  
  
  
  
Revenue
   
16 678
   
15 920
   
15 434
   
6 246
   
6 856
   
6 478
Net income
   
2 768
   
2 987
   
2 883
   
750
   
880
   
949
                                                       
Attributable to:
   
  
  
  
  
  
Equity holders
   
2 692
   
2 895
   
2 800
   
719
   
852
   
913
Non-controlling
interests
   
76
   
92
   
84
   
31
   
28
   
36
                                                       
Net income
   
2 768
   
2 987
   
2 883
   
750
   
880
   
949
Other comprehensive income
   
1 677
   
(1 909
) 
   
(1 300
) 
   
(694
) 
   
(286
) 
   
(812
) 
Total comprehensive income
   
4 445
   
1 078
   
1 584
   
56
   
594
   
137
                                                       
Attributable to:
   
  
  
  
  
  
Equity holders
   
4 337
   
1 011
   
1 517
   
33
   
567
   
105
Non-controlling
interests
   
108
   
67
   
67
   
23
   
27
   
32
                                                       
Summarized cash flow information
   
  
  
  
  
  
Cash flow from operating activities
   
4 866
   
4 934
   
3 997
   
1 135
   
1 811
   
1 577
Cash flow from investing activities
   
(1 019
) 
   
(1 151
) 
   
(969
) 
   
(409
) 
   
(447
) 
   
(440
) 
Cash flow from financing activities
   
(1 930
) 
   
(3 218
) 
   
(3 164
) 
   
(903
) 
   
(621
) 
   
(500
) 
Net increase/(decrease) in cash and cash equivalents
   
1 917
  
565
  
(136
) 
   
(177
) 
   
743
  
637
Dividends paid by Ambev and its subsidiaries to
non-controlling
interests (i.e., to entities outside the AB InBev Group) amounted to 0.8 billion US dollar for 2024 (2023: 1.0 billion US dollar; 2022: 1.0 billion US dollar). In 2024, Budweiser APAC and its subsidiaries paid a final dividend related to the financial year 2024 to
non-controlling
interests amounting to 119m US dollar (2023: 94m US dollar; 2022: 83m US dollar).
Other
non-controlling
interests not deemed individually material by the company mainly related to the company’s operations in Africa in association with the Castel Group (e.g., Botswana, Ghana, Mozambique, Nigeria, Tanzania, Uganda and Zambia), as well as
non-controlling
interests in
US-based
metal container operations from Apollo Global Management, Inc. (“Apollo”) and
non-controlling
interests recognized in respect of the company’s subsidiaries in Colombia, Ecuador and Peru.