Investments in associates (Tables)

12 Months Ended

Dec. 31, 2024

A reconciliation of the summarized financial information to the carrying amount of the company’s interests in material associates is as follows:



	2024				2023

Million US dollar	Castel		Anadolu Efes		Castel		Anadolu Efes

Balance at 1 January		3 482		164		3 293		171
Effect of movements in foreign exchange		(303)		(128)		107		(63)
Dividends received		(158)		(10)		(22)		(10)
Share of results of associates		104		84		104		66
Exceptional share of results of associates		-		104		-		-
Balance at 31 December		3 125		214		3 482		164

Summarized financial information of the company’s material associates is as follows:



	2024				2023

Million US dollar	Castel		Anadolu Efes		Castel		Anadolu Efes

Current assets		3 411		3 542		3 854		3 028
Non-current assets		4 520		6 361		4 168		3 590
Current liabilities		(1 997)		(2 985)		(2 012)		(2 462)
Non-current liabilities		(586)		(2 066)		(540)		(1 408)
Non-controlling interests		(561)		(2 424)		(647)		(1 457)
Net assets¹		4 788		2 428		4 823		1 291

Revenue		5 329		6 421		5 273		4 561
Profit (loss)		654		1 214		585		481
Other comprehensive income (loss)		(206)		(1 853)		83		212
Total comprehensive income (loss)		448		(638)		668		693