BT 2000 Annual Report Download - page 128

Index
Annual report and Form 20-F 127
Accounting and presentation changes 66, 99
Accounting policies 59-61
Additional information for shareholders 116-124
Auditors' remuneration 93, 94
Auditors' report to shareholders 58
Balance sheets 65
BT Deferred Bonus Plan 49, 55, 92, 93
BT Executive Share Plan 48, 49, 54, 92, 93
BTopenworld 6, 9, 13, 14, 40, 99, 113
BT Performance Share Plan 48, 49, 54, 92, 93
BT Wireless 6, 14, 15, 40, 99, 113
Business practice, statement of 47
Business review 8-22
Call volume growth 10, 115
Capital expenditure 3, 37, 114
Cash £ow statement 64
Cautionary statement 116
Chairman's message 5
Chief Executive's statement 6-7
Classi¢ed directory business 15, 115
Commitment to society 23-24
Community 23, 24, 120
Competition and the UK economy 28, 29
Concert global venture 3, 5, 6, 15, 16, 27, 28, 29, 33, 37, 78, 79, 113
Contact details 124
Contingent liabilities 88
Corporate governance 45-47
Creditors 44, 84
Cross reference to Form 20-F 126
Customer satisfaction 11, 12
Debtors 82
Depreciation 60, 67, 75, 76
Directors 42-43
Emoluments 51, 90
Interests in shares 53-55
Proposed for election or re-election at AGM 44
Remuneration, report on 48-56
Report 44
Responsibility statement 57
Dividend investment plan 120
Dividends 3, 5, 34, 114, 119, 120
Earnings per share 3, 34, 70, 71, 114
Economic and Monetary Union 40
Employee share schemes 91-93
Employees 16, 17, 90
Environment 23, 24, 39
Exchange controls 122
Exchange lines 10, 30, 115
Financial calendar 120
Financial commitments 88
Financial highlights 3
Financial instruments 61, 94-98
Financial ratios 114
Financial review 27-41
Financial statistics 114
Financing 34-36
Five year ¢nancial summary 25-26
Foreign currencies 36, 37, 59, 67, 120
Gearing 35, 114
Going concern 36
Goodwill 59, 67, 72-74, 86, 87
Glossary of terms and US equivalents 125
Ignite 6, 9, 12, 13, 40, 99, 113
Intangible assets 59,72-74
Interest 33, 36, 37, 59, 68, 69, 114
Internal ¢nancial control and risk management 46, 47
Internet 7, 9, 13, 14, 40, 99, 113
Investments 3, 37, 60, 77-82
Joint ventures and associates 3, 5, 8, 9, 37, 38, 68, 77-82, 110
Legal proceedings 22, 88
Licence 10, 18-22, 28
Listings 116
Loans and other borrowings 83, 84
Management of liquid resources 71
Marketing and pricing 11
Minority interests 70
Mobile communications 3, 7, 14, 15, 21, 30, 115
Net debt 34-36, 64, 72
Other operating income 31, 67
Operating costs 31, 32, 67
Operating pro¢t 3, 32, 33
Operational statistics and regulatory information 115
Optical ¢bre 115
Organisation 6, 7, 9, 10, 29, 99
Pensions 38, 39, 47, 49, 52, 60, 67, 84, 89
Price control 19, 20, 28
Pro¢t after tax 3, 33, 34
Pro¢t before tax 3, 33, 34
Pro¢t and loss account 62
Provisions for liabilities and charges 84, 85
Publications 123
Quarterly analysis of turnover and pro¢t 111, 112
Reconciliation of movement in shareholders' funds 86, 87
Reconciliation of operating pro¢t to operating cash £ows 71
Redundancy costs 25, 32, 60, 67
Regulation, competition and prices 17-22, 28, 29
Research and development 16, 59, 67, 114
Restructuring 3, 6, 7, 9, 29, 40, 99, 113
Return on capital employed 38, 114
Risk management 94-98
Segmented information 39, 40, 99-102
Share and ADS prices 117
Share capital 85
Share option schemes 91-93
Shareholdings analysis 118
Sta¡ costs 31, 32, 67
Statement of total recognised gains and losses 63
Stocks 60
Strategy statement 1
Subsidiary undertakings 37, 38, 60, 68, 72-74, 77-82, 109
Substantial shareholdings 44
Suppliers payment policy 44
Tangible ¢xed assets 60, 75, 76
Taxation 33, 34, 61, 69, 70, 84, 85
Taxation (US holders) 121, 122
Total shareholder return 48, 49, 50, 55, 117
Treasury policy 36
Turnover 3, 5, 9, 29-31, 44, 59, 66
US GAAP 40, 41, 103-108
Year 2000 23, 40, 67
Yell 6, 9, 15, 40, 99, 113