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  Annual review and summary financial statement 2003
Summary financial statement
at 31 March 2003

Summary group profit and loss account
for the year ended 31 March 2003

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Total turnover
Products and services sold to customers by BT, together with our share of our venturesí sales.

Net interest payable
Interest paid on borrowings less interest received on short term investments.

Earnings per share
Our profit for the financial year divided by the average number of shares in issue during the period.

Group turnover chart

Earnings per share chart

Dividends per share chart
This summary financial statement was approved by the Board on 21 May 2003 and was signed on its behalf by:

Sir Christopher Bland 
Chairman

Ben Verwaayen 
Chief Executive

Ian Livingston 
Group Finance Director

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