BT 2013 Annual Report Download - page 177
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Additional information
175
Additional information
Financial and operational statistics
Financial statistics
2013 2012 2011 2010 2009
Year ended 31 March (unless otherwise stated) £m £m £m £m £m
Decrease in underlying revenue excluding transita,b (3.1)% (1.9)% (3.0)% (2.9)% –
Adjusted EBITDAb6,181 6,064 5,886 5,639 5,238
Free cash flowb
Normalised 2,300 2,307 2,076 2,032 724
Reported 2,292 2,318 2,011 1,933 737
Net debt at 31 Marchb7,797 9,082 8,816 9,283 10,361
Operating costs excluding depreciation and amortisationc12,464 13,630 14,563 15,650 16,545
Expenditure on research and development
Research and development operating expense 279 285 389 444 590
Capitalised software development costs 265 275 295 345 529
Total 544 560 684 789 1,119
Capital expenditure
Additions to property, plant and equipment comprised:
Land and buildings 42 37 20 29 23
Network infrastructure and other equipment
Transmission equipment 1,170 1,121 985 902 1,067
Exchange equipment 32 46 43 29 44
Other network equipment 660 794 851 753 899
Other
Computers and office equipment 80 95 92 115 140
Motor vehicles and other 24 43 87 33 73
Total additions to property, plant and equipment 2,008 2,136 2,078 1,861 2,246
(Decrease) increase in engineering stores (9) (1) 12 43 3
1,999 2,135 2,090 1,904 2,249
Computer software additions 454 459 500 629 839
Total capital expenditure before government grants 2,453 2,594 2,590 2,533 3,088
Government grants (15) ––––
Capital expenditure net of government grants 2,438 2,594 2,590 2,533 3,088
Increase (decrease) in payables 43 (16) 55 (24) (6)
Cash outflow from capital expenditure before purchases of telecommunications licences 2,481 2,578 2,645 2,509 3,082
Purchases of telecommunications licences 202––––
Cash outflow from total capital expenditure 2,683 2,578 2,645 2,509 3,082
aData not available for 2008/09.
bDefined on pages 170 to 172.
cBefore specific items.