Key Facts and Financial Data

Industry Tobacco  
State of Incorporation  Virginia, U.S.A.
Headquarters 

New York, N.Y., U.S.A.

120 Park Avenue
New York, NY 10017-5579, USA
+1 917 663 2000

Operations Center 

Lausanne, Switzerland  

Avenue de Rhodanie 50
1007 Lausanne, Switzerland
+41 58 242 00 00 
Employees More than 82,000 (2014)
CEO

André Calantzopoulos

 Factories 50 manufacturing facilities (2014)
Top Ten Brands by Shipment Volume (2014) Marlboro, L&M, Parliament, Sampoerna A, Bond Street, Chesterfield, Philip Morris, Lark, Fortune, Dji Sam Soe
 Investor Relations Contacts  

New York: +1 917 663 2233
Lausanne: +41 58 242 46 66

Press Contacts  Lausanne: +41 58 242 45 00
media@pmi.com

(in millions of dollars except per share data)

   2014

  2013

% Change 

Cigarette Volume (units million)

855,954

880,169

(2.8)

Net revenues

80,106

80,029

0.1

Excise taxes on products

50,339

48,812

3.1

Net revenues, excluding excise taxes & currency(a)

31,859

31,982

 

(0.4)

Cost of sales

10,436

10,410

0.2

Gross profit

19,331

20,807

(7.1)

OCI

12,065

13,773

(12.4)

Adjusted OCI, excluding currency(a)

14,073

14,724

(0.1)

Net earnings attributable to PMI

7,493

8,576

(12.6)

Free cash flow, excluding currency(a)

8,225

9,355

(7.9)

Reported diluted EPS

4.76

5.26

(9.5)

Reported diluted EPS, excluding currency

5.56

5.60

 

5.7

Adjusted diluted EPS

5.02

5.40

(7.0) 

Adjusted diluted EPS, excluding currency

5.82

5.74

7.8

Cash dividends declared per share

3.88

3.58

8.4

(a) See Reconciliation of Non-GAAP Measures included at the end of our 2014 Results which can be found on this same website

 

Note: Operating Companies Income, or “OCI”, is defined as operating income, excluding general corporate expenses and the amortization of intangibles, plus equity (income) or loss in unconsolidated subsidiaries, net. Adjusted OCI excludes asset impairment, exit and other costs. Free cash flow is defined as net cash provided by operating activities less capital expenditures. EPS stands for Earnings per Share

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