United States securities and exchange commission logo
March 12, 2024
Lavanya Chandrashekar
Chief Financial Officer
Diageo plc
16 Great Marlborough Street
London W1F 7HS, England
Re: Diageo plc
Form 20-F for the
fiscal year ended June 30, 2023
Filed August 3,
2023
File No. 001-10691
Dear Lavanya Chandrashekar:
We have limited our review of your filing to the financial
statements and related
disclosures and have the following comment.
Please respond to this letter within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe a
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your
response to this letter, we may have additional comments.
Form 20-F for the fiscal year ended June 30, 2023
Operating results 2023 compared with 2022
Income statement, page 66
1. We note that the table
here is labeled income statement . This table appear to include
line items which are
not permitted to separately present in an income statement under
IFRS (e.g., operating
profit before exceptional items). In future filings, please remove or
explain why you do not
believe such change should be made. Refer to
Item 10(e)(1)(ii)(C) of
Regulation S-K.
Lavanya Chandrashekar
FirstName
Diageo plc LastNameLavanya Chandrashekar
Comapany
March NameDiageo plc
12, 2024
March2 12, 2024 Page 2
Page
FirstName LastName
In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.
Please contact Eiko Yaoita Pyles at 202-551-3587 or Melissa Gilmore at
202-551-3777
with any questions.
Sincerely,
Division of
Corporation Finance
Office of
Manufacturing