BT 1999 Annual Report Download - page 120

119
Index
Accounting and presentation changes 26, 27, 66, 93
Accounting policies 59-61
Additional information for shareholders 109-115
Auditors’ remuneration 90
Auditors’ report to shareholders 58
Balance sheets 65
BT Deferred Bonus Plan 48, 89
BT Executive Share Plan 47, 48, 89
BT Performance Share Plan 47, 48, 51, 89
Business practice, statement of 46
Business review 8-23
Call volume growth 12, 13, 107
Capital expenditure 3, 16, 17, 34, 106
Cash flow statement 64
Cautionary statement 1
Chairman’s message 5
Chief Executive’s statement 6-7
Classified directory business 14, 107
Community 18, 19, 112
Competition and the UK economy 27, 28
Concert 6, 9, 10, 30, 31
Contact details 115
Contingent liabilities 85
Corporate governance 44-46
Creditors 42, 80
Cross reference to Form 20-F 118-119
Customer satisfaction and quality of service 15
Debtors 78
Depreciation 59, 60, 68, 73, 74
Directors 40, 41
Emoluments 50, 87
Interests in shares 52-54
Proposed for election or re-election at AGM 42
Remuneration, report on 47-55
Report 42, 43
Responsibility statement 57
Dividend investment plan 112
Dividends 3, 5, 32, 71, 106, 111, 112
Earnings per share 3, 5, 32, 66, 71, 106
Economic and Monetary Union 38
Education 19
Employee share schemes 87-89
Employees 17, 18, 87
Environment 19, 36
Exchange controls 113
Exchange lines 11, 12, 28, 29, 107
Financial calendar 112
Financial commitments 85
Financial highlights 3
Financial instruments 60, 61, 66, 90-93
Financial ratios 106
Financial review 26-39
Financial statistics 106
Financing 32, 33
Five year financial summary 24-25
Foreign currencies 34, 59, 68, 112
Gearing 106
Global venture with AT&T 3, 8, 9, 35
Going concern 34
Goodwill 59, 66, 73, 83, 84
Glossary of terms and US equivalents 117
Intangible assets 73
Interest 31, 32, 34, 59, 69, 106
Internal financial control 45, 46
Internet 14, 15
Investments 3, 34, 60, 75-78
Joint ventures and associates 3, 6, 10, 11, 31, 35, 66, 69, 103
Legal proceedings 23, 85
Licence 20-23, 34
Listings 109
Loans and other borrowings 79, 80
MCI share sale 3, 31, 76
Management of liquid resources 72
Marketing, promotion and pricing offers 15, 16
Minority interests 71
Mobile communications 3, 6, 7, 13, 14, 23, 28, 29, 107
Net debt 32, 34, 64, 72
Network modernisation 6, 16, 17
Other operating income 30, 67
Operating profit 3, 31
Operating costs 30, 31, 68
Operational statistics and regulatory information 107
Optical fibre 107
Organisation 17, 18, 94
Payphones 14, 107
Pensions 36, 46, 48, 60, 68, 81, 86
Price control 21, 22, 27
Profit after tax 3, 32
Profit before tax 3, 32
Profit and loss account 62
Provisions for liabilities and charges 66, 81
Publications 114
Quarterly analysis of turnover and profit 104, 105
Reconciliation of movement in shareholders’ funds 83, 84
Reconciliation of operating profit to operating cash flows 72
Redundancy costs 24, 31, 60, 68
Regulation, competition and prices 19-23, 27
Research and development 17, 59, 68, 106
Return on capital employed 36, 106
Risk management 90-93
Segmented information 36, 37, 94-96
Shareholdings analysis 110
Share and ADS prices 109
Share capital 82
Share dividend plan 111
Share option schemes 87-89
Staff costs 30, 68
Statement of total recognised gains and losses 63
Stocks 60
Subsidiary undertakings 35, 59, 60, 69, 75-77, 102
Substantial shareholdings 42
Suppliers payment policy 42
Tangible fixed assets 37, 59, 60, 73, 74
Taxation 32, 60, 70, 81
Taxation (US Holders) 112, 113
Total shareholder return 47, 48, 110
Treasury policy 33, 34
Turnover 3, 5, 9, 28-30, 42, 59, 67
US GAAP 38, 39, 97-101
Year 2000 19, 37, 38, 68