BT 2003 Annual Report Download - page 76

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Consolidated financial statements
The consolidated financial statements are
divided into the following sections:
76 Accounting policies
79 Group profit and loss account
82 Group statement of total recognised gains
and losses
83 Group cash flow statement
84 Group balance sheet
85 Notes to the financial statements
85 Accounting for the reorganisation and
demerger, changes in accounting policy and
presentation and discontinued activities
86 Segmental analysis
90 Turnover
90 Other operating income
91 Operating costs
94 Group’s share of operating profit (loss)
of associates and joint ventures
94 Profit on sale of fixed asset investments and
group undertakings
95 Profit on sale of property fixed assets
95 Amounts written off investments
95 Interest receivable
95 Interest payable
96 Tax on profit (loss) on ordinary activities
97 Minority interests
97 Dividends
97 Earnings (loss) per share
99 Reconciliation of operating profit (loss) to
operating cash flows
99 Management of liquid resources
99 Acquisitions and disposals
104 Net debt
104 Intangible assets
105 Tangible fixed assets
106 Fixed asset investments
107 Debtors
108 Current asset investments
108 Loans and other borrowings
109 Other creditors
109 Provisions for liabilities and charges
110 Reconciliation of movement in
shareholders’ funds
111 Related party transactions
111 Financial commitments, contingent
liabilities and subsequent events
112 Pension costs
116 Directors
117 People employed
117 Employee share schemes
121 Auditors
121 Financial instruments and risk management
126 Company balance sheet
BT Annual Report and Form 20-F 2003 75