BT 1999 Annual Report Download - page 79

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NOTES TO THE FINANCIAL STATEMENTS
78
Group Company
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1999 1998 1999 1998
20. Debtors £m £m £m £m
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Trade debtors (a) 2,190 1,801 1,959 1,679
Amounts owed by subsidiary undertakings ––2,294 1,649
Amounts owed by joint ventures (trading) 114 56 114 42
Amounts owed by associates (trading) 16 62 815
Other debtors 282 249 278 201
Advance corporation tax recoverable (b) –––116
Accrued income 1,209 1,046 1,171 1,014
Prepayments 184 173 152 202
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Total debtors 3,995 3,387 5,976 4,918
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Total debtors included amounts receivable after more than one year:
Accrued income –97 –97
Advance corporation tax recoverable (b) –––116
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Total –97 –213
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(a) The group’s trade debtors are stated after deducting £262m (1998 – £227m) for doubtful debts. The amount charged to the
group profit and loss account for doubtful debts for the year ended 31 March 1999 was £231m (1998 – £218m, 1997 – £188m).
(b) Advance corporation tax recoverable
Group Company
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1999 1998 1999 1998
£m £m £m £m
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Advance corporation tax on final dividend (a) –184 –184
Amount offset against deferred tax provision (note 24) –(184) –(68)
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Balance included within debtors –––116
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(a) Advance corporation tax is not paid on dividends that are paid after 5 April 1999.
Group Company
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1999 1998 1999 1998
21. Current asset investments £m £m £m £m
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Listed investments 359 150 55
Other short-term deposits and investments 2,919 581 1,892 10
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Total current asset investments 3,278 731 1,897 15
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Market value of listed investments 361 150 55
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