BT 2006 Annual Report Download - page 27

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Summary of group balance sheet – UK GAAP
At 31 March
2005
£m
2004
£m
2003
£m
2002
£m
Intangible fixed assets 623 204 218 252
Tangible fixed assets 15,916 15,487 15,888 16,078
Fixed asset investments 115 324 457 1,044
Net current (liabilities) assets (2,165) 2,027 1,913 757
Total assets less current liabilities 14,489 18,042 18,476 18,131
Loans and other borrowings falling due after one year (8,091) (12,426) (13,456) (16,245)
Provisions for liabilities and charges (2,497) (2,504) (2,376) (2,324)
Minority interests (50) (46) (63) (72)
Total assets less liabilities 3,851 3,066 2,581 (510)
Called up share capital 432 432 434 434
Share premium account 3222
Capital redemption reserve 2 2 ––
Other reserves 998 998 998 1,025
Profit and loss account 2,416 1,632 1,147 (1,971)
Total equity shareholders’ funds (deficit) 3,851 3,066 2,581 (510)
Total assets 26,950 26,565 28,119 27,496
US GAAP
Year ended 31 March
2006
£m
2005
£m
2004
£m
2003
£m
2002
£m
Group operating profit (loss) 2,437 2,779 2,420 2,693 (337)
Income before taxes 1,350 1,576 1,188 3,653 1,025
Net income (loss):
Continuing activities 1,063 1,297 883 4,134 (1,680)
Discontinued activities ––––948
1,063 1,297 883 4,134 (732)
Basic earnings (loss) per ordinary share 12.6p 15.2p 10.2p 48.0p (8.8)p
Diluted earnings (loss) per ordinary share 12.5p 15.1p 10.2p 47.7p (8.8)p
Basic earnings (loss) per ordinary share from continuing activities 12.6p 15.2p 10.2p 48.0p (20.2)p
Diluted earnings (loss) per ordinary share from continuing
activities 12.5p 15.1p 10.2p 47.7p (20.2)p
Basic earnings per ordinary share from discontinued activities ––––11.4p
Diluted earnings per ordinary share from discontinued activities ––––11.3p
Average number of ADSs used in basic earnings per ADS
(millions) 842 852 862 862 831
Basic earnings (loss) per ADS £1.26 £1.52 £1.02 £4.80 £(0.88)
Diluted earnings (loss) per ADS £1.25 £1.51 £1.02 £4.77 £(0.88)
Total assets 27,030 29,006 28,674 31,131 30,428
Total equity shareholders’ deficit (158) (584) (1,455) (2,258) (4,247)
Operating and financial review BT Group plc Annual Report and Form 20-F 2006 25