Financial review

The financial results for the 2007, 2006 and 2005 financial years reflect the continued strong growth in new wave services as we drive value from transforming the business.

• Introduction to the Financial review
• Summarised group income statement
• Group results
• Line of business results for 2007 and 2006
  • BT Global Services
  • BT Retail
  • BT Wholesale
  • Openreach
• Line of business results for 2006 and 2005
  • BT Global Services
  • BT Retail
  • BT Wholesale
• Other operating income
• Operating costs
• Specific items
• Operating profit
• Net finance expense
• Associates and joint ventures
• Profit before taxation
• Taxation
• Earnings per share
• Dividends
• Share buyback
• Business transformation
• Financing
• Treasury policy
• Off-balance sheet arrangements
• Capital resources
• Financial risk management
• Capital expenditure
• Acquisitions
• Balance sheet
• Return on capital employed
• Pensions
• Geographical information
• Critical accounting policies
• US GAAP
• US GAAP developments

Please see Cautionary statement regarding forward-looking statements.