BT 2009 Annual Report Download - page 93

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ADDITIONAL INFORMATION FINANCIAL STATEMENTS REPORT OF THE DIRECTORS BUSINESS AND FINANCIAL REVIEWS OVERVIEW
FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS
91BT GROUP PLC ANNUAL REPORT & FORM 20-F
FINANCIAL STATEMENTS
2009 2008
At 31 March Notes £m £m
Non current assets
Intangible assets 11 3,788 3,355
Property, plant and equipment 12 15,405 15,307
Derivative financial instruments 17 2,456 310
Investments 13 55 31
Retirement benefit asset 29 – 2,887
Associates and joint ventures 14 132 85
Trade and other receivables 15 322 854
Deferred tax assets 20 1,103 –
23,261 22,829
Current assets
Inventories 121 122
Trade and other receivables 15 4,185 4,449
Derivative financial instruments 17 244 77
Investments 13 163 440
Cash and cash equivalents 9 1,300 1,435
6,013 6,523
Current liabilities
Loans and other borrowings 16 1,542 1,524
Derivative financial instruments 17 340 267
Trade and other payables 18 7,215 7,591
Current tax liabilities 1 241
Provisions 19 254 81
9,352 9,704
Total assets less current liabilities 19,922 19,648
Non current liabilities
Loans and other borrowings 16 12,365 9,818
Derivative financial instruments 17 427 805
Retirement benefit obligations 29 3,973 108
Other payables 18 794 707
Deferred tax liabilities 20 1,728 2,513
Provisions 19 466 265
19,753 14,216
Equity
Ordinary shares 23 408 420
Share premium 23 62 62
Capital redemption reserve 27 15
Other reserves 24 1,301 (527)
Retained (loss) earnings 25 (1,656) 5,439
Total parent shareholders’ equity 142 5,409
Minority interests 21 27 23
Total equity 22 169 5,432
19,922 19,648
The consolidated financial statements on pages 79 to 135 and 141 were approved by the Board of Directors on 13 May 2009 and were
signed on its behalf by
Sir Michael Rake
Chairman
Ian Livingston
Chief Executive
Tony Chanmugam
Group Finance Director
GROUP BALANCE SHEET