BAT Czech Republic - Indebtedness

Health Care | Czech Republic | February 13, 2014
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Excel Sheet

British-American Tobacco has more than tripled its sales in the Czech Republic since 2004 to CZK 11,860 mil in 2012. This implies an average annual growth of 9.1% A similar trend has been seen on the profit side. In 2012, the Company reached a net profit of CZK 388 mil, or an average annual growth of 12.8% since 2004.

Similar to a number of other subsidiaries of a multinational company, Czech Republic's BAT operates without any debt.