BT 1998 Annual Report Download - page 60

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O T E S T O T H E F I N A N C I A L S TAT E M E N T S
Group Company
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1998 1997 1998 1997
16. Debtors £m £m £m £m
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Trade debtors (a) 1,801 1,757 1,679 1,552
Amounts owed by subsidiary undertakings ––1,649 438
Amounts owed by associated undertakings 118 72 57 29
Other debtors 249 304 201 190
Advance corporation tax recoverable (b) –456 116 651
Accrued income 1,046 1,084 1,014 1,055
Prepayments 173 134 202 98
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Total debtors 3,387 3,807 4,918 4,013
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Total debtors included amounts receivable after more than one year:
Advance corporation tax recoverable (b) –456 116 651
Accrued income 97 80 97 80
Prepayments –10 –10
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Total 97 546 213 741
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(a) The group’s trade debtors are stated after deducting £227m (1997 – £163m) for doubtful debts. The amount charged to the group
profit and loss account for doubtful debts for the year ended 31 March 1998 was £218m (1997 – £188m, 1996 – £179m).
(b) Advance corporation tax recoverable
Advance corporation tax on proposed final dividend and, in 1997,
on special dividend 184 752 184 752
Amount offset against deferred tax provision (note 21) (184) (296) (68) (101)
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Balance included within debtors –456 116 651
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Group Company
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1998 1997 1998 1997
17. Current asset investments £m £m £m £m
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Listed investments 150 115 516
Other short-term deposits and investments 581 2,859 10 2,893
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Total current asset investments 731 2,974 15 2,909
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Market value of listed investments 150 115 516
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