BT 2009 Annual Report Download - page 91

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ADDITIONAL INFORMATION FINANCIAL STATEMENTS REPORT OF THE DIRECTORS BUSINESS AND FINANCIAL REVIEWS OVERVIEW
FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS
89BT GROUP PLC ANNUAL REPORT & FORM 20-F
FINANCIAL STATEMENTS
GROUP INCOME STATEMENT
Before specific Specific
items itemsaTotal
Year ended 31 March 2007 Notes £m £m £m
Revenue 120,223 – 20,223
Other operating income 2 236 (3) 233
Operating costs 3 (17,746) (169) (17,915)
Operating profit 12,713 (172) 2,541
Finance expense 5 (2,604) – (2,604)
Finance income 5 2,371 139 2,510
Net finance expense (233) 139 (94)
Share of post tax profit of associates and joint ventures 14 15 – 15
Profit on disposal of associate –2222
Profit before taxation 2,495 (11) 2,484
Taxation 7 (611) 979 368
Profit for the year 1,884 968 2,852
Attributable to:
Equity shareholders of the parent 1,882 968 2,850
Minority interests 21 2 – 2
Earnings per share 8
Basic 34.4p
Diluted 33.6p
aFor a definition of specific items, see page 79. An analysis of specific items is provided in note 4.
GROUP STATEMENT OF RECOGNISED INCOME AND EXPENSE
2009 2008 2007
Year ended 31 March Notes £m £m £m
(Loss) profit for the year (81) 1,738 2,852
Actuarial (losses) gains relating to retirement benefit obligations 29 (7,037) 2,621 1,409
Exchange differences:
– on translation of foreign operations 692 213 (95)
Fair value movements on available-for-sale assets:
– fair value gains 5––
Fair value movements on cash flow hedges:
– fair value gains (losses) 2,719 446 (201)
– reclassified and reported in net (loss) profit (2,144) (294) 364
– reclassified and reported in non current assets (5) 11 –
Tax impact of above items 7 1,859 (832) (486)
Net (losses) gains recognised directly in equity (3,911) 2,165 991
Total recognised income and expense for the year (3,992) 3,903 3,843
Attributable to:
Equity shareholders of the parent (3,994) 3,899 3,843
Minority interests 24–
(3,992) 3,903 3,843
A reconciliation of the changes in other reserves and retained earnings is given in notes 24 and 25.