|
|
|
|
| |
 |
| for
the year ended 31 March 2001 |
| |
| Summary
Financial Statement |
| Statutory
information |
| |
|
|
2001 |
|
|
2000 |
|
|
| |
|
|
£m |
|
|
£m |
|
|
|
| Total
turnover |
|
|
29,666 |
|
|
21,903 |
|
|
| Less
group’s share of ventures’ turnover, excluding
trading between group and principal joint
venture |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
|
(9,239 |
) |
|
(3,188 |
) |
|
|
| Group
turnover |
|
|
20,427 |
|
|
18,715 |
|
|
|
| Group’s
share of operating loss of ventures |
|
|
(397 |
) |
|
(400 |
) |
|
| Total
operating profit (loss) |
|
|
(336 |
) |
|
3,198 |
|
|
| Profit
on sale of subsidiaries and investments |
|
|
619 |
|
|
126 |
|
|
| Net
interest payable |
|
|
(1,314 |
) |
|
(382 |
) |
|
|
| Profit
(loss) before taxation (a) |
|
|
(1,031 |
) |
|
2,942 |
|
|
| Taxation
|
|
|
(652 |
) |
|
(897 |
) |
|
|
| Profit
(loss) after taxation |
|
|
(1,683 |
) |
|
2,045 |
|
|
| Minority
interests |
|
|
(127 |
) |
|
10 |
|
|
|
| Profit
(loss) for the financial year |
|
|
(1,810 |
) |
|
2,055 |
|
|
| Dividends |
|
|
(571 |
) |
|
(1,426 |
) |
|
|
| Retained
profit (transfer from reserves) |
|
|
(2,381 |
) |
|
629 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
| Earnings
(loss) per share |
|
|
(27.7) |
p |
|
31.7 |
p |
|
| Dividends
per share |
|
|
8.7 |
p |
|
21.9 |
p |
|
|
| Profit
before goodwill amortisation, exceptional
items and taxation (a) |
|
|
|
|
|
|
|
|
| |
|
2,072 |
|
|
3,100 |
|
|
| |
|
|
|
|
|
|
|
|
| Earnings
per share before goodwill amortisation and
exceptional items (a) |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
|
20.5 |
p |
|
34.2 |
p |
|
|
| |
|
|
|
|
|
|
|
|
| Directors’ emoluments |
|
|
4.3 |
|
|
4.2 |
|
|
| |
|
|
|
|
|
|
|
|
| Value of shares
received by directors under long-term incentive
schemes |
|
|
|
|
|
|
|
|
| |
|
0.8 |
|
|
1.8 |
|
|
|
| The executive
directors receive pensions on retirement. |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| (a) The 2001
figures include goodwill amortisation of £558
million (2000 – £173 million) and
net exceptional pre-tax, pre-minority interests
losses of £2,545 million (2000 –
£15 million gain). The 2001 net exceptional
pre-tax, pre-minority interest losses primarily
represent impairment of goodwill of £3,200
million, partially offset by profit made on
the disposal of group undertakings and rates
refunds received. |
| |
Summary
financial statement
A guide to the figures
|
| |
|
|
Total
turnover |
|
Products
and services sold to customers by BT, together
with our share of our ventures’ sales.
|
| <<back |
| |
|
|
Net
interest payable |
|
Interest
paid on borrowings less interest received
on short-term investments. |
| <<back |
| |
|
|
Earnings
(loss) per share |
|
Our
profit (loss) for the financial year divided
by the average number of shares in issue during
the period. |
| <<back |
| |
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