BT 2015 Annual Report Download - page 3
Download and view the complete annual report
Please find page 3 of the 2015 BT annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.his is the nnual eport for the ear ended 1 arch
01. tcoplies with UK reulations and coprises part
of the nnual eport and or 0- for the U ecurities
and chane oission to eet U reulations.
his is our first interated nnual eport. e want to
counicate our stor in a ore copellin wa. e see
nterated eportin as the best wa to do that. o this
ear for the first tie we are reectin this approach in
how we structure and present our nnual eport.
nterated eportin is an initiative led b the nternational nterated
eportin ouncil . hile is aret-led its principles and
ais are consistent with UK reulator developents in financial and
corporate reportin.
n eceber 01 the issued the raewor to establish
guiding principles and content elements
for interated reports. ehave
taen these principles and eleents into account in preparin our
nnual eport. his is ost obvious in the revised representation of our
business odel and the new section describin our ain staeholders.
e no loner report siple outputs we consider outcoes or
the ipact that we have as a business. nd we use a set of si icons
throuhout this nnual eport to provide linae to the business odel.
ut this is ust the start. e reconise that our ove toward full
willcontinue to evolve. ind out ore www.theiirc.or
Welcome to BT Group plc’s
Annual Report & Form 20-F 2015
Contents
2 hairans introduction
Overview
The Strategic Report
Purpose and strategy
0 hief ecutives introduction
21 Our purpose
21 Our goal
21 Our strategy
Delivering our strategy
peratin oittee
ur business odel
0 inancial strenth
0 ur people
ur networs and phsical assets
esearch and developent
rand and reputation
taeholders and relationships
0 atural resources
1 ur riss
51 acuisition riss
Our lines of business
Group performance
roup inance irectors introduction
0 roup perforance
90 eliverin societal and environental benefits
Governance
9 hairans overnance report
9 ow we overn the roup
9 oard of irectors
9 he oard
101 eports of the oard coittees
10 irectors inforation
11 eneral inforation
1 hareholders and nnual eneral eetin
Financial statements
1 uditors reports consolidatedfinancialstateents
1 onsolidated financial stateents
19 otes to the consolidated financial stateents
19 uditors report parent copan financialstateents
19 inancial stateents of roup plc
199 ubsidiar undertains
Additional information
0 lternative perforance easures
0 elected financial data
0 inancial and operational statistics
09 nforation for shareholders
ross reference to or 0-
0 lossar of ters
hrouhout the report
loo out for these
Reference to other pages
within the report
1
Reference to video
FRQWHQW{RQOLQH
Reference to further
UHDGLQJ{RQOLQH
Our business model
LFRQV{VXFK{DV
Online Annual Report
www.bt.coannualreport
eliverin our purpose update
www.bt.codeliverinourpurpose
Please see the cautionary statement regarding forward-looking statements
on page 209.
The Purpose and strategy, Delivering our strategy, Our lines of business and
Group performance sections on pages 19 to 92 form the Strategic Report.
7KH{*RYHUQDQFHVHFWLRQRQSDJHVWRIRUPVWKH5HSRUWRIWKH'LUHFWRUV