BT 2001 Annual Report Download - page 77

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Business performance
Notes
Before goodwill
amortisation,
exceptional
items and
acquisitions
£m
Acquisitions
£m
Total before
goodwill
amortisation
and exceptional
items
£m
Goodwill
amortisation
and
exceptional
items
£m
Total
£m
Total turnover 320,972 931 21,903 – 21,903
Group’s share of joint ventures’ turnover 3(1,784) – (1,784) – (1,784)
Group’s share of associates’ turnover 3(936) (644) (1,580) – (1,580)
Trading between group and principal joint venture 3176 – 176 – 176
Group turnover 318,428 287 18,715 – 18,715
Other operating income 4243 (1) 242 – 242
Operating costs 5(14,868) (291) (15,159) (200) (15,359)
Group operating profit (loss) 3,803 (5) 3,798 (200) 3,598
Group’s share of operating loss of joint ventures 6(399) – (399) (28) (427)
Group’s share of operating profit of associates 657 26 83 (56) 27
Total operating profit 3,461 21 3,482 (284) 3,198
Profit on sale of fixed asset investments 7–––––
Profit on sale of group undertakings 7– – – 126 126
Interest receivable 8188 5 193 – 193
Interest payable 9(545) (30) (575) – (575)
Profit (loss) on ordinary activities before taxation 3,104 (4) 3,100 (158) 2,942
Tax on profit (loss) on ordinary activities 10 (869) (23) (892) (5) (897)
Profit (loss) on ordinary activities after taxation 2,235 (27) 2,208 (163) 2,045
Minority interests 11 11 (1) 10 – 10
Profit (loss) for the financial year 2,246 (28) 2,218 (163) 2,055
Dividends 12 (1,426)
Retained profit for the financial year 27 629
Basic earnings (loss) per share 13 34.6p (0.4)p 34.2p (2.5)p 31.7p
Diluted earnings (loss) per share 13 33.8p (0.4)p 33.4p (2.5)p 30.9p
Group profit and loss account for the year ended 31 March 2000
BT Annual report and Form 20-F 77