BT 2015 Annual Report Download - page 150

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148 BT Group plc
Annual Report 2015
*URXSFDVKƮRZVWDWHPHQW
Year ended 31 March Note
2015
£m
2014
£m
2013
£m
&DVKƮRZIURPRSHUDWLQJDFWLYLWLHV
rofit before taation 2,645 2,312 2,315
rofit loss on disposal of interest in associates and oint ventures  4 10
hare of post ta loss profit of associates and oint ventures 1 39
et finance epense 859 826 772
peratin profit 3,480 3,145 2,948
Other non-cash charges 19 39 56
oss profit on disposal of businesses 1–
Depreciation and amortisation 2,538 2,695 2,843
ncrease decrease in inventories 1 16 3
ncrease decrease in trade and other receivables 1 9 454
Decrease in trade and other payables  19 9
Decrease in other liabilitiesa   1
ncrease decrease in provisions 19 100 19
&DVKJHQHUDWHGIURPRSHUDWLRQVb  
Income taxes paid 09  
1HWFDVKLQƮRZIURPRSHUDWLQJDFWLYLWLHV   
&DVKƮRZIURPLQYHVWLQJDFWLYLWLHV
Interest received 1069
Proceeds on disposal of subsidiariesc, associates and joint ventures 26 2 287
Acquisition of subsidiariesc and joint ventures 1  
roceeds on disposal of current financial assetsd8,124 7,531 8,856
urchases of current financial assetsd 99  
Proceeds on disposal of non-current asset investments 8 4 4
Proceeds on disposal of property, plant and equipment 100 10 43
Purchases of property, plant and equipment and software 1  1
Purchases of telecommunications licences – – 0
1HWFDVKRXWƮRZIURPLQYHVWLQJDFWLYLWLHV   
&DVKƮRZIURPƬQDQFLQJDFWLYLWLHV
Equity dividends paid 9  
Interest paid 90 1 01
Repayment of borrowingse116) 9 1
et repaent of proceeds fro coercial paper  0 153
Proceeds from bank loans and bonds 812 1,195 798
ash ows fro derivatives related to net debt 297 09 33
Proceeds from issue of own shares 1,201 75 109
Repurchase of ordinary share capital 0 0 0
1HWFDVKXVHGLQƬQDQFLQJDFWLYLWLHV   
1HWGHFUHDVHLQFUHDVHLQFDVKDQGFDVKHTXLYDOHQWV   600
Opening cash and cash equivalentsI684 919 323
et decrease increase in cash and cash euivalents 9 19 600
ect of echane rate chanes 19 9 
&ORVLQJFDVKDQGFDVKHTXLYDOHQWVI23 407 684 919
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b,QFOXGHVFDVKƮRZVUHODWLQJWR79SURJUDPPHULJKWV
c $FTXLVLWLRQVDQGGLVSRVDOVRIVXEVLGLDULHVDUHVKRZQQHWRIFDVKDFTXLUHGRUGLVSRVHGRI
d3ULPDULO\FRQVLVWVRILQYHVWPHQWLQDQGUHGHPSWLRQRIDPRXQWVKHOGLQOLTXLGLW\IXQGV
e5HSD\PHQWRIERUURZLQJVLQFOXGHVWKHLPSDFWRIKHGJLQJDQGUHSD\PHQWRIOHDVHOLDELOLWLHV
I 1HWRIEDQNRYHUGUDIWVRI~P~P~P