BT 2003 Annual Report Download - page 138

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Year ended 31 March 2002 Unaudited
Quarters
Continuing activities
1st
£m
2nd
£m
3rd
£m
4th
£m
Total
£m
Total turnover 5,434 5,487 5,383 5,511 21,815
Group’s share of associates’ and joint ventures’ turnover (1,101) (1,087) (929) (932) (4,049)
Trading between group and principal joint venture 165 157 203 156 681
Group turnover 4,498 4,557 4,657 4,735 18,447
Other operating income 93 74 91 103 361
Group operating profit (loss) 650 534 693 (1,923) (46)
Group’s share of operating loss of associates and joint ventures (70) (816) (174) (383) (1,443)
Total operating profit (loss) 580 (282) 519 (2,306) (1,489)
Profit (loss) on sale of fixed asset investments and group undertakings 127 2 (165) 57 21
Profit on sale of property fixed assets 5 7 1,072 5 1,089
Amounts written off investments – (535) – – (535)
Net interest payable (446) (352) (480) (301) (1,579)
Profit (loss) on ordinary activities before taxation 266 (1,160) 946 (2,545) (2,493)
Tax on profit (loss) on ordinary activities (102) (117) (124) (42) (385)
Profit (loss) on ordinary activities after taxation 164 (1,277) 822 (2,587) (2,878)
Minority interests – (1) – (9) (10)
Profit (loss) for the financial period 164 (1,278) 822 (2,596) (2,888)
Basic earnings (loss) per share 2.2p (15.0)p 9.6p (30.2)p (34.8)p
Diluted earnings (loss) per share 2.2p (15.0)p 9.5p (30.2)p (34.8)p
Profit before goodwill amortisation, exceptional items and taxation 200 321 381 371 1,273
Basic earnings per share before goodwill amortisation and
exceptional items 1.3p 2.4p 2.6p 2.6p 8.8p
Diluted earnings per share before goodwill amortisation and
exceptional items 1.2p 2.4p 2.6p 2.6p 8.8p
Year ended 31 March 2002 Unaudited
Quarters
Total Group 1st
£m
2nd
£m
3rd
£m
4th
£m
Total
£m
Total turnover 7,054 6,261 5,816 5,511 24,642
Group’s share of associates’ and joint ventures’ turnover (1,765) (1,114) (953) (932) (4,764)
Trading between group and principal joint venture 165 157 203 156 681
Group turnover 5,454 5,304 5,066 4,735 20,559
Other operating income 96 72 91 103 362
Group operating profit (loss) 500 344 600 (1,923) (479)
Group’s share of operating loss of associates and joint ventures (10) (814) (174) (383) (1,381)
Total operating profit (loss) 490 (470) 426 (2,306) (1,860)
Profit on sale of fixed assets investments and group undertakings 4,484 11 (163) 57 4,389
Profit on sale of property fixed assets 5 7 1,072 5 1,089
Amounts written off investments – (535) – – (535)
Net interest payable (474) (362) (485) (301) (1,622)
Profit (loss) on ordinary activities before taxation 4,505 (1,349) 850 (2,545) 1,461
Tax on profit (loss) on ordinary activities (145) (127) (129) (42) (443)
Profit (loss) on ordinary activities after taxation 4,360 (1,476) 721 (2,587) 1,018
Minority interests (13) (1) – (9) (23)
Profit (loss) for the financial period 4,347 (1,477) 721 (2,596) 995
Basic earnings (loss) per share 57.9p (17.3)p 8.4p (30.2)p 12.0p
Diluted earnings (loss) per share 57.4p (17.3)p 8.3p (30.2)p 11.9p
Profit before goodwill amortisation, exceptional items and taxation 186 219 337 371 1,113
Basic earnings per share before goodwill amortisation and
exceptional items 0.3p 1.1p 1.9p 2.6p 6.1p
Diluted earnings per share before goodwill amortisation and
exceptional items 0.3p 1.1p 1.8p 2.6p 6.0p
Quarterly analysis of turnover and profit
BT Annual Report and Form 20-F 2003 137