Annual Review 2001
	Chairman's message
	Chief Executive's statement
	Message from Sir Iain Vallance
	BT Retail
	BT Wholesale
	BT Ignite
	BTopenworld
	Summary group profit and loss account
	Summary group balance sheet
	BT board of directors
	Summary director's report
	Auditors' statement
	Shareholder information
	Links
	PDF download

at 31 March 2001   Summary Financial Statement Statutory information       2001     2000           £m     £m     Fixed assets     45,209     29,818     Current assets     9,590     7,770     Creditors: amounts falling due within one year     (20,733 )   (14,885 )   Net current liabilities     (11,143 )   (7,115 )   Total assets less current liabilities     34,066     22,703     Creditors: amounts falling due after one year     18,775     5,354     Provisions for liabilities and charges     723     1,056     Minority interests     499     498     Capital and reserves     14,069     15,795           34,066     22,703                         Summary financial statement A guide to the figures   Fixed assets   This is mainly exchange and network equipment, property and similar items which we own and use to run our business, goodwill and investments in our ventures. <<back   Current assets   Principally, amounts which we have billed our customers but not yet received and short-term investments. <<back   Creditors: amounts falling due after one year   Money borrowed on a long-term basis to fund our operations. <<back   Provisions for liabilities and charges   Amounts set aside for liabilities that are not yet certain. <<back   Total shareholder return (TSR) The measure of the returns that a company has provided for its shareholders – the product of share price movement plus dividends reinvested – a good indicator of a company’s overall performance Back to top previous