BT 2000 Annual Report Download - page 114

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Financial information
The table below shows for illustrative purposes a proforma of the results of BT's new business organisation, to be
implemented during the year ending 31 March 2001, for the years ended 31 March 2000 and 1999. It is a restatement of the
actual results for those years showing the businesses had they traded throughout that year. The information includes
allocations and apportionments of turnover and costs.
Total turnover
Total operating
profit (loss) before
goodwill amortisation
and exceptional items
(Unaudited)
2000
£ billion
1999
£ billion
2000
£ billion
1999
£ billion
UK wholesale and retail 12.6 11.7 3.4 3.4
Ignite 3.2 2.1 (0.5) (0.2)
BTopenworld (a) 0.1 0.0 (0.3) (0.1)
BT Wireless 4.5 2.7 0.2 0.1
Yell 0.6 0.5 0.2 0.2
Concert (b) 1.9 1.9 0.3 0.3
Eliminations and other (c) (1.0) (0.7) 0.2 (0.1)
Total 21.9 18.2 3.5 3.6
(a) Total turnover for 1999 ± approximately £50 million.
(b) Comprises the results up to 5 January 2000 of those elements of BT's business which were transferred to the Concert global venture, and, for the
period from 5 January 2000, BT's proportionate interest in the global venture's results.
(c) Elimination of turnover between businesses which is included in total turnover of the originating business. Other includes group redundancy costs.
New divisional structure to be implemented in the year ending 31 March 2001
Annual report and Form 20-F 113