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     Geographical information   

In the 2004 financial year, approximately 93% of the group’s turnover was generated by operations in the UK, compared with 94% in the 2003 and 89% in the 2002 financial years. Of its continuing activities, approximately 92% of the group’s turnover was generated by operations in the UK in the 2002 financial year. BT’s operating profits have been derived from its UK operations with losses being incurred outside the UK in each of the last three financial years.
 

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