BT 2004 Annual Report Download - page 136

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Year ended 31 March 2004 Unaudited
Quarters 1st
£m
2nd
£m
3rd
£m
4th
£m
Total
£m
Total turnover 4,693 4,667 4,676 4,878 18,914
Group’s share of associates’ and joint ventures’ turnover (107) (99) (98) (91) (395)
Group turnover 4,586 4,568 4,578 4,787 18,519
Other operating income 52 44 37 44 177
Group operating profit 727 745 740 661 2,873
Group’s share of operating (loss) profit of associates and joint
ventures (3) (4) 5 (32) (34)
Total operating profit 724 741 745 629 2,839
Profit (loss) on sale of fixed asset investments and group undertakings (1) – 33 4 36
Profit on sale of property fixed assets –111214
Net interest payable (225) (234) (260) (222) (941)
Profit on ordinary activities before taxation 498 508 519 423 1,948
Tax on profit on ordinary activities (153) (132) (133) (121) (539)
Profit on ordinary activities after taxation 345 376 386 302 1,409
Minority interests 61–18
Profit for the financial period 351 377 386 303 1,417
Basic earnings per share 4.1p 4.3p 4.5p 3.5p 16.4p
Diluted earnings per share 4.0p 4.3p 4.4p 3.5p 16.3p
Profit before goodwill amortisation, exceptional items and taxation 502 529 526 459 2,016
Basic earnings per share before goodwill amortisation and
exceptional items 4.1p 4.4p 4.4p 3.9p 16.9p
Diluted earnings per share before goodwill amortisation and
exceptional items 4.1p 4.4p 4.4p 3.9p 16.8p
Year ended 31 March 2003 Unaudited
Quarters 1st
£m
2nd
£m
3rd
£m
4th
£m
Total
£m
Total turnover 4,998 5,094 5,124 4,966 20,182
Group’s share of associates’ and joint ventures’ turnover (411) (433) (423) (188) (1,455)
Group turnover 4,587 4,661 4,701 4,778 18,727
Other operating income 52 44 52 67 215
Group operating profit 562 726 555 729 2,572
Group’s share of operating profit of associates and joint ventures 49 66 197 17 329
Total operating profit 611 792 752 746 2,901
Profit (loss) on sale of fixed asset investments and group undertakings 70 (4) 99 1,526 1,691
Profit on sale of property fixed assets 331411
Amounts written off investments – (7) – – (7)
Net interest payable (300) (295) (285) (559) (1,439)
Profit on ordinary activities before taxation 384 489 567 1,717 3,157
Tax on profit on ordinary activities (107) (165) (116) (71) (459)
Profit on ordinary activities after taxation 277 324 451 1,646 2,698
Minority interests (2) (9) (6) 5 (12)
Profit for the financial period 275 315 445 1,651 2,686
Basic earnings per share 3.2p 3.7p 5.2p 19.1p 31.2p
Diluted earnings per share 3.2p 3.6p 5.1p 19.0p 31.0p
Profit before goodwill amortisation, exceptional items and taxation 322 496 521 490 1,829
Basic earnings per share before goodwill amortisation and
exceptional items 2.5p 3.7p 4.1p 3.9p 14.2p
Diluted earnings per share before goodwill amortisation and
exceptional items 2.5p 3.7p 4.1p 3.9p 14.1p
BT Annual Report and Form 20-F 2004135
Quarterly analysis of turnover and profit