BT 1999 Annual Report Download - page 68

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NOTES TO THE FINANCIAL STATEMENTS
67
1999 1998 1997
2. Turnover £m £m £m
))))))))))))01111110051111
Inland calls 5,178 4,924 4,874
Exchange lines 3,337 3,180 3,033
International calls 1,501 1,553 1,809
Mobile communications 1,400 1,089 949
Private circuits 1,165 1,149 1,124
Customer premises equipment supply 870 896 914
Receipts from UK operators 645 496 319
Yellow Pages and other directories 491 466 438
Other UK sales and services 1,770 1,332 994
Non-UK operations 596 555 481
00000000000511!!!01111110051111
Group turnover – ongoing activities 16,953 15,640 14,935
Group’s share of associates’ and joint ventures’ turnover 1,270 1,771 2,444
00000000000511!!!01111110051111
Total turnover, including discontinued activities 18,223 17,411 17,379
Less: discontinued activities (a) –(1,372) (2,358)
00000000000511!!!01111110051111
Total turnover – ongoing activities 18,223 16,039 15,021
00000000000511!!!01111110051111
Group’s share of associates’ and joint ventures’ turnover comprised:
Joint ventures – continuing activities 561 147 80
Associates:
Continuing activities 709 252 6
Discontinued activities (a) –1,372 2,358
709 1,624 2,364
00000000000511!!!01111110051111
Group’s share of associates’ and joint ventures’ turnover 1,270 1,771 2,444
00000000000511!!!01111110051111
(a) Discontinued activities relate to the group’s former interest in MCI (note 19(c)).
The group provides telecommunication services, principally in the United Kingdom, essentially operating as a unitary business.
Its main services and products are local and national telephone calls in the United Kingdom, the provision of telephone exchange
lines to homes and businesses, international telephone calls made to and from the United Kingdom, the supply of mobile
communication services and equipment to businesses and individuals, the provision of private circuits to businesses and the
supply of telecommunication equipment for customers’ premises.
Approximately 4% (1998 – 4%, 1997 – 3%) of group turnover arose from operations outside the United Kingdom.
Unaudited information concerning the group’s classified directory business in the UK is shown on page 107 of this annual report.
1999 1998 1997
3. Other operating income £m £m £m
))))))))))))01111110051111
Merger agreement break up fee (a) –273 –
Merger expenses written off –(35) –
Other 168 134 106
00000000000511!!!01111110051111
Total other operating income 168 372 106
00000000000511!!!01111110051111
(a) The company received US$465 million on 12 November 1997 from WorldCom, Inc as a break up fee and partial reimbursement
of expenses (the MCI merger break up fee) following the termination of the BT/MCI merger agreement on 9 November 1997 (note
19 (c)). This income and the associated merger expenses were exceptional items in the year ended 31 March 1998.