BT 2002 Annual Report Download - page 81

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Notes
2002
£m
Unaudited
pro forma
(note 1)
2001
£m
As restated
2001
£m
Fixed assets
Intangible assets 20 252 2,350 18,380
Tangible assets 21 16,078 17,848 21,625
Investments in joint ventures: 22
Share of gross assets and goodwill 2,452 5,007 5,439
Share of gross liabilities (1,998) (3,307) (3,512)
Total investments in joint ventures 454 1,700 1,927
Investments in associates 22 224 919 2,229
Other investments 22 543 1,066 1,048
Total investments 22 1,221 3,685 5,204
Total ®xed assets 17,551 23,883 45,209
Current assets
Stocks 111 124 361
Debtors 23 5,272 5,010 6,260
Investments 24 4,581 2,557 2,557
Cash at bank and in hand 158 412 412
Total current assets 10,122 8,103 9,590
Creditors: amounts falling due within one year
Loans and other borrowings 25 2,195 5,485 12,136
Other creditors 26 7,195 7,007 8,597
Total creditors: amounts falling due within one year 9,390 12,492 20,733
Net current assets (liabilities) 732 (4,389) (11,143)
Total assets less current liabilities 18,283 19,494 34,066
Creditors: amounts falling due after more than one year
Loans and other borrowings 25 16,245 18,775 18,775
Provisions for liabilities and charges
Deferred taxation 27 2,140 2,074 2,285
Other 27 184 438 453
Total provisions for liabilities and charges 2,324 2,512 2,738
Minority interests 72 499 499
Capital and reserves
Called up share capital 28, 37 434 7,573 7,573
Share premium account 28 2±±
Other reserves 28 1,025 (2,848) (2,848)
Pro®t and loss account 28 (1,819) (7,017) 7,329
Total equity shareholders' funds (de®ciency) 28 (358) (2,292) 12,054
18,283 19,494 34,066
The ®nancial statements on pages 72 to 135 were approved by the board of directors on 21 May 2002 and were signed on
its behalf by
Sir Christopher Bland Chairman
Ben Verwaayen Chief Executive
Ian Livingston Group Finance Director
Group balance sheet
as at 31 March 2002
80 BT Group Annual Report and Form 20-F 2002