Financial headlines
	Chairman's message
	Chief Executive's statement
	Operating and Financial Review
	Business review
	Selected financial data
	Financial review
	Board of directors and Operating Committee
	Report of the directors
	Report of the Audit Committee
	Report of the Nominating Committee
	Report on directors' remuneration
	Statement of directors' responsibility
	Report of the independent auditors
	Consolidated financial statements
	Financial statements for BT Group plc
	Subsidiary undertakings and associate
	Quarterly analysis of revenue and profit
	Financial statistics
	Operational statistics
	Additional information for shareholders
	Cross reference to Form 20-F

The consolidated financial statements are divided into the following sections:

Accounting policies

Group income statement

Group statement of recognised income and expense

Group cash flow statement

Group balance sheet

Notes to the consolidated financial statements

Segmental analysis

Other operating income

Operating costs

Specific items

Finance income and finance expense

Taxation

Dividends

Earnings per share

Cash and cash equivalents

Net debt

Free cash flow

Acquisitions

Intangible assets

Property, plant and equipment

Investments

Associates and joint ventures

Trade and other receivables

Loans and other borrowings

Derivative financial instruments

Trade and other payables

Provisions

Deferred taxation

Minority interests

Reconciliation of movements in equity

Share capital

Other reserves and retained earnings

Related party transactions

Financial commitments and contingent liabilities

Retirement benefit plans

Employees

Share-based payment

Audit services

Financial instruments and risk management

Explanation of transition to IFRS

United States generally accepted accounting principles

Glossary of terms and US equivalents