| Auditors'
statement
Auditors’ statement to the
members of BT Group plc
We have examined the
summary financial statement and the
directors’ remuneration disclosures.
Respective responsibilities of
directors and auditors
The directors are
responsible for preparing the summarised annual report in
accordance with applicable law. Our responsibility is to report
to you our opinion on the consistency of the summary financial
statement within the BT Group annual review with the annual
financial statements, the directors’ report and the directors’
remuneration report, and its compliance with the relevant
requirements of section 251 of the Companies Act 1985 and the
regulations made thereunder. We also read the other information
contained in the summarised annual report and consider the
implications for our report if we become aware of any apparent
misstatements or material inconsistencies with the summary
financial statement.
This statement, including the
opinion, has been prepared for and only for the company’s
members as a body in accordance with Section 251 of the
Companies Act 1985 and for no other purpose. We do not, in
giving this opinion, accept or assume responsibility for any
other purpose or to any other person to whom this statement is
shown or into whose hands it may come save where expressly
agreed by our prior consent in writing.
Basis of opinion
We conducted our work in
accordance with Bulletin 1999/6, “The auditors’ statement on
the summary financial statement” issued by the Auditing
Practices Board for use in the United Kingdom.
Opinion
In our opinion the
summary financial statement is consistent with the full annual
financial statements, the directors’ report and the directors’
remuneration report of BT Group plc for the year ended 31 March
2003 and complies with the applicable requirements of section
251 of the Companies Act 1985, and the regulations made
thereunder.
PricewaterhouseCoopers LLP
Chartered Accountants and Registered Auditors
London 21 May 2003.
Notes:
(a) The maintenance and integrity of the
BT Group plc website is the responsibility of the directors; the
work carried out by the auditors does not involve consideration
of these matters and, accordingly, the auditors accept no
responsibility for any changes that may have occurred to the
financial statements since they were initially presented on the
website.
(b) Legislation in the
United Kingdom governing the preparation and dissemination of
financial statements may differ from legislation in other
jurisdictions.
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The auditors’
report on the full annual accounts for the year ended 31
March 2003 is unqualified and does not contain any
statement concerning accounting records or failure to
obtain necessary information and explanations. |
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