BT 2001 Annual Report Download - page 87

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3. Turnover (continued)
Group’s share of associates’ and joint ventures’ turnover comprised:
2001
£m
2000
£m
1999
£m
Joint ventures 4,018 1,784 561
Associates:
Continuing activities 2,362 1,580 709
Acquisitions 3,557 ––
5,919 1,580 709
Group’s share of associates’ and joint ventures’ turnover 9,937 3,364 1,270
Approximately 9% (2000 ^ 5%, 1999 ^ 4%) of group turnover arose from operations outside the UK and approximately 38%
(2000 ^ 18%, 1999 ^ 10%) of total turnover arose from activities outside the UK (note 2). Unaudited information concerning the
group’s classi¢ed directory business in the UK is shown on page 142 of this annual report.
Concert, the joint venture with AT&T, was formed on 5 January 2000 (see note 16). From that date, international calls into,
through and out of the UK and formerly handled by the company, have been handled by Concert. Additionally, certain of the
company’s multinational customers were transferred to Concert on the same date.
Fixed network calls comprise calls within the UK and calls made from the UK to other countries. Receipts from other
operators include revenues from Concert for terminating incoming international calls from 5 January 2000 and revenues from
non-UK operators for incoming and transit calls into and through the UK up to that date.
The group’s share of trading with Concert, primarily in respect of international calls made to and from the UK and for
services provided to Concert in the UK for the multinational customers transferred to Concert, is eliminated in arriving at total
turnover, including the proportionate share of the group’s associates and joint ventures, and is added back in arriving at group
turnover.
4. Other operating income
2001
£m
2000
£m
1999
£m
Seconded staff and administration and other services provided to Concert 168 79 –
Other 225 163 168
Total other operating income 393 242 168
BT Annual report and Form 20-F 87