BT 2000 Annual Report Download - page 86

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23. Provisions for liabilities and charges (continued)
(a) Deferred taxation
The elements of deferred taxation provided in the accounts at 31 March were as follows:
Group Company
2000
£m
1999
£m
2000
£m
1999
£m
Tax effect of timing differences due to:
Excess capital allowances 613 696 434 538
Pension provisions (189) (287) (189) (287)
Other (70) (59) (93) (117)
Total provision for deferred taxation 354 350 152 134
The total potential liability to deferred taxation at 31 March was as follows:
Group Company
2000
£m
1999
£m
2000
£m
1999
£m
Tax effect of timing differences due to:
Excess capital allowances 2,568 2,591 2,389 2,433
Pension provisions (189) (287) (189) (287)
Other (70) (59) (93) (117)
Total potential liability for deferred taxation 2,309 2,245 2,107 2,029
(b) Other provisions comprise amounts provided for legal or constructive obligations arising from insurance claims and
litigation.
24. Called up share capital
The authorised share capital of the company throughout the year ended 31 March 2000 was »2,625,000,001 divided into
10,500,000,004 ordinary shares of 25p each.
The allotted, called up and fully paid share capital of the company was »1,627 million at 31 March 2000
(1999 ^ »1,617 million), representing 6,507,104,882 ordinary shares (1999 ^ 6,469,435,043 ordinary shares).
Of the authorised but unissued share capital at 31 March 2000, 232 million ordinary shares were reserved to meet
options granted under the employee share option schemes described in note 30.
Ordinary shares allotted during the year were as follows:
Number
Nominal value
£
Consideration(a)
£
Savings related schemes 35,762,240 8,940,560 118,460,889
Other share option schemes 1,138,560 284,640 4,315,608
Stock purchase plan 769,039 192,260 4,469,197
Totals for the year ended 31 March 2000 37,669,839 9,417,460 127,245,694
(a) Consideration excludes contributions from group undertakings as described in note 25(d)
Annual report and Form 20-F 85