As part of the arrangements for the establishment of Concert, BT has been seconding staff and providing administrative and other services from its launch in early January 2000. The income from these services totalled £79 million in the 2000 financial year. Concert will be setting up its own administration during the course of 2000. In the 1998 financial year, BT received US$465 million as the break-up fee and partial reimbursement of expenses incurred under the BT/MCI merger agreement. This receipt, net of relevant expenses incurred in that financial year, was included as an exceptional profit of £238 million in other operating income for that year.