BT 2009 Annual Report Download - page 128

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ADDITIONAL INFORMATION FINANCIAL STATEMENTS REPORT OF THE DIRECTORS BUSINESS AND FINANCIAL REVIEWS OVERVIEW
FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS – NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
126 BT GROUP PLC ANNUAL REPORT & FORM 20-F
30. Employees
2009 2008 2007
Year end Average Year end Average Year end Average
000 000 000 000 000 000
Number of employees in the groupa:
UK 86.5 89.5 91.3 93.0 92.8 92.4
Non UK 20.5 21.1 20.6 15.5 13.4 12.8
Total employees 107.0 110.6 111.9 108.5 106.2 105.2
2009 2008 2007a
Year end Average Year end Average Year end Average
000 000 000 000 000 000
Number of employees in the groupa:
BT Global Services 31.4 31.8 33.1 30.3 29.6 28.9
BT Retail 20.4 21.0 21.1 20.7 20.3 20.3
BT Wholesale 2.4 2.5 2.9 3.1 3.4 3.7
Openreach 32.2 33.1 33.6 33.8 33.3 32.1
Other 20.6 22.2 21.2 20.6 19.6 20.2
Total employees 107.0 110.6 111.9 108.5 106.2 105.2
aThe numbers disclosed include both full and part time employees.
31. Share based payments
The total charge recognised in 2009 in respect of share based payments was £31m (2008: £73m, 2007: £93m).
The company has an employee share investment plan and savings-related share option plans for its employees and those of
participating subsidiaries, further share option plans for selected employees and an employee stock purchase plan for employees in the
United States. It also has several share plans for executives. All share based payment plans are equity settled and details of these plans and
an analysis of the total charge by type of award is set out below.
2009 2008 2007
£m £m £m
Employee Sharesave Plan (3) 29 25
Allshare 2226
Employee Stock Purchase Plan –11
Incentive Share Plan 18 26 18
Deferred Bonus Plan 12 12 13
Retention Share Plan 233
GSOP and GLOP ––7
31 73 93
Share Options
BT Group Employee Sharesave plans
There is an HMRC approved savings related share option plan, under which employees save on a monthly basis, over a three or five-year
period, towards the purchase of shares at a fixed price determined when the option is granted. This price is usually set at a 20% discount to
the market price for five year plans and 10% for three year plans. The options must be exercised within six months of maturity of the
savings contract, otherwise they lapse. Similar plans operate for BT’s overseas employees.
Employee Stock Purchase Plan
The BT Group Employee Stock Purchase Plan (ESPP), for employees in the US, enables participants to purchase American Depositary
Shares (ADSs) quarterly at a price which is 85% of the fair market price of an ADS at the end of each quarterly purchase period. The sixth
offer under the ESPP was cancelled in December 2008 as the market price of an ADS had been lower than the Initial Base Option Price for
three consecutive quarters. The seventh offer under the ESPP which does not base the purchase price on the Initial Base Option Price, was
launched in December 2008.
From 1 April 2008 to 31 March 2009, nil shares were transferred to participants out of treasury shares under the ESPP (from 15 May
2007 to 31 March 2008 1,596,480 shares (159,648 ADSs) were transferred to participants out of treasury shares under the ESPP).
FINANCIAL STATEMENTS