BT 2003 Annual Report Download - page 91

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3. Turnover
Group’s share of associates’ and joint ventures’ turnover comprised:
2003
£m
2002
£m
2001
£m
Joint ventures:
Continuing activities 425 2,752 3,420
Discontinued activities –76 598
425 2,828 4,018
Associates:
Continuing activities 1,030 1,297 1,205
Discontinued activities –639 4,714
1,030 1,936 5,919
Group’s share of associates’ and joint ventures’ turnover 1,455 4,764 9,937
Concert, the joint venture with AT&T, was formed on 5 January 2000 and was unwound on 1 April 2002 (see
note 18). The group’s share of trading with Concert in the 2001 and 2002 financial years, 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 2003
£m
2002
£m
2001
£m
Seconded staff, administration and other services provided to Concert –135 168
Other 215 226 178
Total continuing activities 215 361 346
Discontinued activities –113
Total other operating income 215 362 359
Notes to the financial statements
90 BT Annual Report and Form 20-F 2003