BT 2000 Annual Report Download - page 3

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02 Annual report and Form 20-F
Contents
3Financial highlights
5Chairman's message
6Chief Executive's statement
8Business review
23 Our commitment to society
25 Five-year ®nancial summary
27 Financial review
42 Board of directors
44 Report of the directors
45 Corporate governance
48 Report on directors' remuneration
57 Statement of directors' responsibility
58 Report of the auditors
59 Accounting policies
62 Consolidated ®nancial statements
103 United States generally accepted
accounting principles
109 Subsidiary undertakings,
joint ventures and associates
111
Quarterly analysis of turnover and pro®t
113 New divisional structure
114 Financial statistics
115 Operational statistics and regulatory
information
116 Additional information for shareholders
125 Glossary of terms and US equivalents
126 Cross reference to Form 20-F
127 Index
In this annual report, references to the ``®nancial year'' are to the
year ended 31 March of each year, e.g. the ``2000 ®nancial year''
refers to the year ended 31 March 2000. Unless otherwise stated,
all non-®nancial statistics are at 31 March 2000.
References to the ``company'' are to British Telecommunications
public limited company, and references to ``BT'' or the ``group''
are to the company and its subsidiaries, or any of them as the
context may require.
Please see cautionary statement regarding forward-looking
statements on page 116