Carrying Value Pre-tax discount rate Terminal value growth rate At 31 December 2025 () Applied Required increase to reach nil headroom Applied Required reduction to reach nil headroom Reynolds American Goodwill 29,322 8.5 % 4.1 % 1.0 % (4.3) % Newport 18,359 8.6 % 1.4 % Camel 6,919 8.3 % 5.9 % Pall Mall 2,225 8.4 % 16.6 % Natural American Spirit 9,234 7.8 % 0.7 % Grizzly 8,728 7.3 % 0.5 % 1.0 % (0.6) % Canada As discussed on page 14, on 29 August 2025, we implemented a court-sanctioned plan of compromise and arrangement to resolve all Canadian tobacco litigation
This ensures the perfect tobacco press
In other words, its got more cutthroat, and some inmates are being robbed at knife-point for their smokes
I mean, what the fuck am I doing here
To enhance the experience, it can be paired with mint or citrus flavors for added freshness