2011 annual financial data

Ambev S.A. American Depositary Shares (Each representing 1 Common Share) 2011 Operating margin

Ambev S.A. American Depositary Shares (Each representing 1 Common Share) 2011 o…

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Operating margin was 42.18%.

Operating income was 11,443,100,000 BRL and net income was 5,146,400,000 BRL.
Operating cash flow was 12,668,200,000 BRL.
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Revenue
27,126,700,000 BRL
Operating income
11,443,100,000 BRL
Net income
5,146,400,000 BRL
Operating cash flow
12,668,200,000 BRL

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