BT 2004 Annual Report Download - page 155

Download and view the complete annual report

Please find page 155 of the 2004 BT annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 160

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160

A full list of BT contacts, and an electronic feedback facility, is available at www.bt.com/talk.
Term used in UK annual report US equivalent or definition
Accounts Financial statements
Associates Equity investees
Capital allowances Tax depreciation
Capital redemption reserve Other additional capital
Creditors Accounts payable and accrued liabilities
Creditors: amounts falling due within one year Current liabilities
Creditors: amounts falling due after more than one year Long-term liabilities
Debtors: amounts falling due after more than one year Other non-current assets
Employee share schemes Employee stock benefit plans
Finance lease Capital lease
Financial year Fiscal year
Fixed asset investments Non-current investments
Freehold Ownership with absolute rights in perpetuity
Gearing Leverage
Inland calls Local and long-distance calls
Interests in associates and joint ventures Securities of equity investees
Investment in own shares Treasury shares
Loans to associates and joint ventures Indebtedness of equity investees not current
Net book value Book value
Operating profit Net operating income
Other debtors Other current assets
Own work capitalised Costs of group’s employees engaged in the construction of plant
and equipment for internal use
Profit Income
Profit and loss account (statement) Income statement
Profit and loss account
(under ‘‘capital and reserves’’ in balance sheet) Retained earnings
Profit for the financial year Net income
Profit on sale of fixed assets Gain on disposal of non-current assets
Provision for doubtful debts Allowance for bad and doubtful accounts receivable
Provisions Long-term liabilities other than debt and specific accounts
payable
Recognised gains and losses (statement) Comprehensive income
Reserves Shareholders’ equity other than paid-up capital
Share based payment Stock compensation
Share premium account Additional paid-in capital or paid-in surplus (not distributable)
Shareholders’ funds Shareholders’ equity
Stocks Inventories
Tangible fixed assets Property, plant and equipment
Trade debtors Accounts receivable (net)
Turnover Revenues
BT Annual Report and Form 20-F 2004154
Glossary of terms and US equivalents