link to bt.com
Download pdf | Print page | Contact us | Return to BTplc.com
Annual Report > Financial statements > Consolidated financial statements > Group income statement

Group income statement

For the year ended 31 March 2007


            Before specific
items
    Specific
items
a   Total  
For the year ended 31 March 2007
    Notes     £m     £m     £m  

 
Revenue
    1     20,223         20,223  
Other operating income
    2     236     (3 )   233  
Operating costs
    3     (17,746 )   (169 )   (17,915 )

 
Operating profit
    1     2,713     (172 )   2,541  
Finance expense
    5     (2,604 )       (2,604 )
Finance income
    5     2,371     139     2,510  

 
Net finance expense
          (233 )   139     (94 )
Share of post tax profit of associates and joint ventures
    15     15         15  
Profit on disposal of associate
              22     22  

 
Profit before taxation
          2,495     (11 )   2,484  
Taxation
    6     (611 )   979     368  

 
Profit for the year
          1,884     968     2,852  

 
Attributable to:
                         
Equity shareholders of the parent
          1,882     968     2,850  
Minority interests
    22     2         2  

 
Earnings per share
    8                    
Basic
                      34.4 p
Diluted
                      33.6 p

 


            Before specific
items
    Specific
items
a   Total  
For the year ended 31 March 2006
    Notes     £m     £m     £m  

 
Revenue
    1     19,514         19,514  
Other operating income
    2     227         227  
Operating costs
    3     (17,108 )   (138 )   (17,246 )

 
Operating profit
    1     2,633     (138 )   2,495  
Finance expense
    5     (2,740 )       (2,740 )
Finance income
    5     2,268         2,268  

 
Net finance expense
          (472 )       (472 )
Share of post tax profit of associates and joint ventures
    15     16         16  
Profit on disposal of joint venture
              1     1  

 
Profit before taxation
          2,177     (137 )   2,040  
Taxation
    6     (533 )   41     (492 )

 
Profit for the year
          1,644     (96 )   1,548  

 
Attributable to:
                         
Equity shareholders of the parent
          1,643     (96 )   1,547  
Minority interests
    22     1         1  

 
Earnings per share
    8                    
Basic
                      18.4 p
Diluted
                      18.1 p

 
a
For a definition of specific items, see accounting policies. An analysis of specific items is provided in specific items.

Dividends paid in the year were £1,053 million (2006: £912 million, 2005: £786 million), as shown in dividends. Dividends proposed in respect of the 2007 financial year were 15.1 pence per share (2006: 11.9 pence, 2005: 10.4 pence) which amounts to £1,247 million (2006: £993 million, 2005: £883 million).

            Before specific
items
    Specific
items
a   Total  
For the year ended 31 March 2005
    Notes     £m     £m     £m  

 
Revenue
    1     18,429         18,429  
Other operating income
    2     193     358     551  
Operating costs
    3     (15,929 )   (59 )   (15,988 )

 
Operating profit
    1     2,693     299     2,992  
Finance expense
    5     (2,773 )       (2,773 )
Finance income
    5     2,174         2,174  

 
Net finance expense
          (599 )       (599 )
Share of post tax loss of associates and joint ventures
          (14 )   (25 )   (39 )

 
Profit before taxation
          2,080     274     2,354  
Taxation
    6     (541 )   16     (525 )

 
Profit for the year
          1,539     290     1,829  

 
Attributable to:
                         
Equity shareholders of the parent
          1,540     290     1,830  
Minority interests
    22     (1 )       (1 )
 
Earnings per share
    8                    
Basic
                      21.5 p
Diluted
                      21.3 p

 
a
For a definition of specific items, see accounting policies. An analysis of specific items is provided in specific items.

 

<< Previous   back to top   Next >>
 

 
© BT Group plc 2006       Privacy policy