Imperial Brands Plc · LSE:IMB
Imperial Brands — Investor Day (July 2011)
14 slides from Imperial Brands's investor day presentation, July 2011
Slide 1: Unlocking Our Potential: Shaping our environment
Unlocking Our Potential Shaping our environment Matthew M tth Phillips Philli Group Corporate & Legal Affairs Director 1
Slide 2: Engaging with Regulators
Engaging with Regulators our triangular agenda 2
Slide 3: Three Lessons
Three Lessons James I of England 3
Slide 4: Global Scale of Illicit Trade
Global Scale of Illicit Trade c330 330 billion billi illi illicit it cigarettes i tt smoked k d a year Equivalent to 6% of world consumption Government losses estimated to be US$20-40 billion in unpaid tobacco taxes Legitimate tobacco companies losing US$5–10 billion in revenue Undermines
Slide 5: Strategy for Defeating Illicit Trade
Strategy for Defeating Illicit Trade making a difference Prevent the illicit trade of Imperial products Stop the erosion of legitimate markets by organised criminals Convince governments and law enforcement agencies to tackle counterfeit and illicit whites Engage with regulators to avoid the
Slide 6: Case Study - Ireland
Case Study - Ireland 6
Slide 7: The Problem…
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Slide 8: …and its Consequences
…and its Consequences Irish cigarette market 6.6 6.6 7 64 6.4 6.1 6.2 5.9 6 0.9 1.2 0.5 8% 1.3 1.7 5 16 1.6 27% billlion sticks 4 3 5.7 5.6 5.4 5.1 4.5 4.3 2 1 0 2005 2006 2007 2008 2009 2010e Legitimate Industry Sales S Estimated Non-Irish Duty Paid 8
Slide 9: Engagement Focus
Engagement Focus Stakeholders Messaging Politicians Retailers losing out to criminal gangs Civil Servants Stronger anti- smuggling fines Customs No excise R t il Retailers Est. €500m excise foregone Business Groups Undermines health policies Employees Needs joined-up government Media thinking 9
Slide 10: The Result….
The Result…. “Fine Gael will increase the penalty for tobacco smuggling to 10 years in jail and stop illegal smuggling with the x-ray machines at ports, funded by tobacco co pa es companies” 10
Slide 11: Protecting Freedoms
Protecting Freedoms making a difference Freedom to make Freedom to compete Freedom to consume 11
Slide 12: Regulation
Regulation We support regulation that is reasonable, proportionate and evidence based e 12
Slide 13: Australia Plain Packaging
Australia Plain Packaging 13
Slide 14: Engaging with Regulators
Engaging with Regulators our triangular agenda illicit trade regulation excise 14