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Geographical information

In the 2003 financial year, approximately 94% of the group’s turnover was generated by operations in the UK, compared with 89% in the 2002 and 91% in the 2001 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, compared with 95% in the 2001 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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