BT 2000 Annual Report Download - page 63

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Notes
2000
£m
1999
£m
1998
£m
Total turnover ± ongoing activities 221,903 18,223 16,039
± discontinued activities 2±± 1,372
Total turnover, including discontinued activities 221,903 18,223 17,411
Group's share of joint ventures' turnover 2(1,784) (561) (147)
Group's share of associates' turnover 2(1,580) (709) (1,624)
Trading between group and principal joint venture 2176 ±±
Group turnover ± ongoing activities 218,715 16,953 15,640
Other operating income (a) 3242 168 372
Operating costs (b)(c)(d) 4(15,359) (13,305) (12,355)
Group operating pro®t ± ongoing activities 3,598 3,816 3,657
Group's share of operating loss of joint ventures 5(427) (342) (199)
Group's share of operating pro®t of associates 527 ±3
Total operating pro®t:
Ongoing activities 3,198 3,474 3,436
Discontinued activities ±±25
3,198 3,474 3,461
Pro®t on sale of ®xed asset investments (e) 6±1,107 ±
Pro®t on sale of group undertakings 6126 ±63
Interest receivable 7193 165 162
Interest payable 8(575) (451) (472)
Pro®t on ordinary activities before taxation 2,942 4,295 3,214
Tax on pro®t on ordinary activities:
Corporation and similar taxes 9(897) (1,293) (977)
Windfall tax 9±± (510)
9(897) (1,293) (1,487)
Pro®t on ordinary activities after taxation 2,045 3,002 1,727
Minority interests 10 10 (19) (25)
Pro®t for the ®nancial year 2,055 2,983 1,702
Dividends 11 (1,426) (1,322) (1,216)
Retained pro®t for the ®nancial year 25 629 1,661 486
Basic earnings per share 12 31.7p 46.3p 26.6p
Diluted earnings per share 12 30.9p 45.3p 26.2p
Pro®t before goodwill amortisation, exceptional items and taxation 3,100 3,274 2,976
Basic earnings per share before goodwill amortisation and exceptional items 12 34.2p 35.0p 31.7p
Diluted earnings per share before goodwill amortisation and exceptional items 12 33.4p 34.2p 31.2p
(a) Including MCI break up fee net of expenses in 1998 ±±238
(b) Including redundancy charges 59 124 106
(c) Including exceptional costs relating to the disengagement from MCI 64 69 ±
(d) Including exceptional costs relating to the proposed closure of the BT Cellnet analogue network
in 2000 47 ±±
(e) Including gain on MCI shares sold in 1999 ±1,133 ±
Group profit and loss account for the year ended 31 March 2000
62 Annual report and Form 20-F