BT 2003 Annual Report Download - page 82

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Continuing activities
Notes
Before goodwill
amortisation
and exceptional
items
£m
Goodwill
amortisation
and exceptional
items
£m
Total
continuing
activities
£m
Discontinued
activities and
intra-group
items
£m
Total
£m
Total turnover 221,068 – 21,068 8,598 29,666
Group’s share of joint ventures’ turnover 3(3,420) – (3,420) (598) (4,018)
Group’s share of associates’ turnover 3(1,205) – (1,205) (4,714) (5,919)
Trading between group and principal joint venture 3698 – 698 –698
Group turnover 217,141 – 17,141 3,286 20,427
Other operating income 4346 – 346 13 359
Operating costs 5(14,405) (95) (14,500) (6,259) (20,759)
Group operating profit (loss) 3,082 (95) 2,987 (2,960) 27
Group’s share of operating loss of joint ventures 6(268) (241) (509) (257) (766)
Group’s share of operating profit (loss) of associates 6111 (133) (22) 391 369
Total operating profit (loss) 2,925 (469) 2,456 (2,826) (370)
Profit on sale of fixed asset investments 7– 534 534 1535
Profit on sale of group undertakings 7–8484 –84
Profit on sale of property fixed assets 834 – 34 –34
Interest receivable 10 379 25 404 4408
Interest payable 11 (1,575) – (1,575) (147) (1,722)
Profit (loss) on ordinary activities before taxation 1,763 174 1,937 (2,968) (1,031)
Tax on profit (loss) on ordinary activities 12 (385) (47) (432) (280) (712)
Profit (loss) on ordinary activities after taxation 1,378 127 1,505 (3,248) (1,743)
Minority interests 13 23 (21) 2(129) (127)
Profit (loss) for the financial year 1,401 106 1,507 (3,377) (1,870)
Dividends 14 (571)
Transfer from reserves for the financial year 28 (2,441)
Basic earnings (loss) per share 15 19.3p 20.7p (25.7)p
Diluted earnings (loss) per share 15 19.0p 20.4p (25.7)p
Group profit and loss account
for the year ended 31 March 2001
BT Annual Report and Form 20-F 2003 81