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     Financial review

The review is divided into the following sections:
Introduction
Summarised profit and loss account
Group results
Line of business results
BT Retail
BT Wholesale
BT Global Services
Other operating income
Operating costs
Group operating profit (loss)
Associates and joint ventures
Total operating profit (loss)
Profit on sale of group undertakings and fixed asset investments
Interest charge
Profit (loss) before taxation
Taxation
Earnings (loss) per share
Dividends
Financing
Treasury policy
Off-balance sheet arrangements
Capital resources
Foreign currency and interest rate exposure
Capital expenditure
Acquisitions
Balance sheet
Return on capital employed
Pensions
Geographical information
Regulatory financial information
Regulation, competition and prices
Competition and the UK economy
Environment
Critical accounting policies
Adoption of International Financial Reporting Standards (IFRS)
US GAAP
 
Please see cautionary statement regarding forward-looking statements.

 

 

 

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