BT 2006 Annual Report Download - page 149

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Cross reference to Form 20-F BT Group plc Annual Report and Form 20-F 2006 147
Accounting policies 65-72
Acquisitions 84-87
Acquisitions and disposals 13
Additional information for shareholders 132-143
Articles of Association 138-140
Associates and joint ventures 35, 91
Audit Committee, Report of the 48
Audit services 104-105
Balance sheet 24, 25, 38, 76
Board of directors and Operating Committee 40-41
BT Global Services 7, 33, 77-78
BT Retail 7, 31-32, 77-78
BT Wholesale 7, 32-33, 77-78
Business review 6-21
Capital expenditure 24, 31- 33, 38, 97
Capital gains tax 134
Capital resources 37
Cash and cash equivalents 24, 69, 75, 76, 83
Cash flow statement, Group 24, 75
Cautionary statement regarding forward-looking statements 133
Chairman’s message 3
Chief Executive’s statement 4-5
Competition and the UK economy 15
Consolidated Financial Statements 64-121
Create long-term partnerships with our customers 12
Critical accounting policies 39
Cross reference to form 20-F 144-146
Deferred taxation 94-95
Derivative financial instruments 68, 93, 111, 115
Directors’ remuneration, report on 50-61
Directors’ responsibility, statement of 62
Directors, Report of the 42-47
Dividend investment plan 136
Dividend mandate 135
Dividends 2, 22, 23, 35, 68, 73, 75, 82, 84, 95, 96, 111, 113,
124, 126, 135, 138
Documents on display 142
Earnings per share 2, 22, 23, 28, 30, 35, 39, 73, 82-83, 116, 120,
128, 129
Electronic communication 143
Employees plans 103
Environment 19, 39
Exchange rates 137
Foreign exchange 66, 69, 106
Financial commitments and contingent liabilities 97
Financial data, selected 22-25
Financial headlines 2
Financial instruments and risk management 105
Financial review 26-39
Financial review, introduction 27
Financial risk management 37
Financial statements for BT Group plc 123-126
Financial statistics 129-130
Financing 36
Free cash flow 3, 36, 84
Geographical information 38
Global Invest Direct 136
Glossary of terms and US equivalents 122
Group income statement, summarised 28
Group results 29-30
Group risk factors 20-21
IFRS and United States generally accepted accounting principles,
differences between 114-117
Income statement, group 22-23, 28, 73
Independent auditors, Report of the 63
Individual savings accounts (ISAs) 136
Intangible assets 24, 66, 76, 78, 80, 88, 113
International Financial Reporting Standards, Adoption of 28, 111-
114
Investments 34, 35, 90, 125
Legal proceedings 17
Line of business results 31
Listings 134
Loans and other borrowings 24, 37, 69, 76, 83, 92-93
Material contracts 140
Maximise the return from our traditional business 11-12
Memorandum 137
Minority interests 23, 24, 25, 28, 73, 74, 95
Net debt 2, 24, 36, 37, 83-84, 105
Nominating Committee, Report of the 49
Off-balance sheet arrangements 37
Operating and financial review 6-21
Operating and financial review, Introduction 7
Operating costs 22, 30, 34, 73, 80
Operating profit 22, 23, 25, 30-31, 73, 78
Operational statistics 131
Other operating income 22-23, 34, 73, 79, 128
Other reserves and retained earnings 96
Our commitment to society 19-20
Our customers 7-8
Our strategy 8
Outlook 8
Pensions 3, 18, 21, 38, 53, 58, 98-101
Profit before taxation 2, 28, 35, 73, 75, 82, 128
Property, plant and equipment 24, 33, 36, 38, 67, 70, 75, 76, 78,
80, 89, 116, 117
Provisions 68, 76, 94
Publications 142
Pursue profitable growth in new wave markets 8-12
Quarterly analysis of revenue and profit 128
Reconciliation of movements in equity 95
Regulation, competition and prices 13-17
Regulatory financial information 38
Related party transactions 97
Relationship with HM Government 16
Resources 17-19
Results announcements 136
Retirement benefit plans 98-101
Return on capital employed 38, 129, 130
Segmental analysis 77-79
Selected financial data, introduction 22
Share and ADS prices 134
Share buy back 137
Share capital 24, 44, 68, 96, 124
Share-based payment 101
ShareGift 137
Shareholder communication 143
Shareholdings, analysis of 135
Specific items 28, 34, 73, 80, 83
Statement of recognised income and expenses, Group 74
Subsidiary Undertakings, joint ventures and associates 127
Taxation 22, 24, 28, 35, 68, 73, 78, 81-82, 94, 124
Taxation (US Holders) 140-142
Total shareholder return 56, 103, 136
Trade and other payables 75, 76, 93
Trade and other receivables 75, 76, 91
Transform our networks, systems and services for the twenty-first
century 12
Transition to IFRS, Explanation of 111-114
Treasury Policy 36
Unclaimed Assets Register 137
US GAAP 25, 39, 114-120
US GAAP developments 39, 65, 120-121