|
Summary group balance sheet
for the year ended 31 March 2005 |
|
|
|
|
|
|
2005
|
|
2004
|
(c)
|
|
|
£m
|
|
£m
|
|
|
|
|
|
|
|
Fixed assets
|
16,654
|
|
16,015
|
|
|
|
|
|
|
|
Current assets
|
10,296
|
|
10,550
|
|
|
Creditors: amounts falling due within one year
|
(12,461
|
)
|
(8,523
|
)
|
|
|
|
|
|
|
Net current (liabilities) assets
|
(2,165
|
)
|
2,027
|
|
|
|
|
|
|
|
Total assets less current liabilities
|
14,489
|
|
18,042
|
|
|
|
|
|
|
|
Creditors: amounts falling due after one year
|
8,091
|
|
12,426
|
|
|
Provisions for liabilities and charges
|
2,497
|
|
2,504
|
|
|
Minority interests
|
50
|
|
46
|
|
|
Capital and reserves (d)
|
3,851
|
|
3,066
|
|
|
|
|
|
|
|
|
14,489
|
|
18,042
|
|
|
|
|
|
|
|
(d) BT Group plc, the company,
had capital and reserves at 31 March 2005 of £9.5 billion.
|
|
|
|
|
|
|
|
|
|
Fixed assets
This is mainly exchange and network equipment, property and similar items which
we own and use to run our business, goodwill and investments.
Current assets
Principally, amounts which we have billed our customers but
not yet received and short term investments.
Creditors: amounts
falling due within one year
Principally, amounts due to suppliers and loans due for repayment
within one year.
Creditors: amounts falling due after one year
Money borrowed on a long term basis to fund our operations.
Provisions for liabilities and charges
Amounts set aside for liabilities that are not yet certain.
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|
