Australian brewer Foster's has reported an annual loss as it tries to fend off a hostile takeover bid by SABMiller. Foster's reported a loss of 89m Australian dollars ($93m; £56.5m) for the year ending 30 June. Despite the loss, Foster's said it planned to return A$500m to shareholders. The move comes after Foster's rejected a $10bn takeover offer from SABMiller, saying the bid significantly undervalued the company.