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FCF before dividends (as above) m Year ended 31 December 2024 7,901 Year ended 31 December 2025 4,048 Total 11,949 BAT Preliminary Announcement 2025 Summary Performance Review Financial Statements Other Information Data Lake and Reconciliations 54 Data Lake and Reconciliations Continued Non-GAAP measures (continued) Adjusted Return on Capital Employed (ROCE) and Adjusted Return on Capital Employed as adjusted for Canada Definition Profit from operations, excluding adjusting items and including dividends from associates and joint ventures and other adjusting items (including in respect of Canada (excluding New Categories)), as a proportion of average total assets less current liabilities in the period
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