BT 2006 Annual Report Download - page 146

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The information in this document that is referred to in the following table shall be deemed to be filed with the Securities and
Exchange Commission for all purposes:
Required Item in Form 20-F Where information can be found in this Annual Report
Item Section Page
1Identity of directors, senior management and advisors Not applicable
2Offer statistics and expected timetable Not applicable
3Key information
3A Selected financial data Selected financial data 22
Additional information for shareholders
Exchange rates 137
3B Capitalisation and indebtedness Not applicable
3C Reasons for the offer and use of proceeds Not applicable
3D Risk factors Business review
Group risk factors 20
4Information on the company
4A History and development of the company Contents page
Business review
Introduction 7
How BT operates 7
Acquisitions and disposals
Acquisitions and disposals prior to the 2006 financial year 13
Acquisitions and disposals in the 2006 financial year 13
Financial review
Capital expenditure 38
Acquisitions 38
4B Business overview Business review 6
Financial review
Line of business results 31
Our commitment to society 19
Operational statistics 131
Additional information for shareholders
Cautionary statement regarding forward-looking statements 133
4C Organisational structure Business review
Introduction 7
Subsidiary undertakings and associate 127
4D Property, plants and equipment Business review
Resources
Property 18
Financial statistics 129
5Operating and financial review and prospects
5A Operating results Financial review 26
Consolidated financial statements
Accounting policies 65
Additional information for shareholders
Cautionary statement regarding forward-looking statements 133
5B Liquidity and capital resources Financial review 26
Additional information for shareholders
Cautionary statement regarding forward-looking statements 133
Consolidated financial statements
Notes to the financial statements
Loans and other borrowings 92
Financial commitments and contingent liabilities 97
Financial instruments and risk management 105
5C Research and development, patents and licences Business review
Pursue profitable growth in new wave markets
Build on our networked IT services capability 8
Research and development and IT support 18
Financial statistics 129
5D Trend information Financial review 26
Additional information for shareholders
Cautionary statement regarding forward-looking statements 133
5E Off-balance sheet arrangements Financial review
Off-balance sheet arrangements 37
CROSS REFERENCE TO FORM 20-F
BT Group plc Annual Report and Form 20-F 2006 Cross reference to Form 20-F144