BT 2004 Annual Report Download - page 79

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Continuing activities
Notes
Before goodwill
amortisation
and exceptional
items
£m
Goodwill
amortisation
and exceptional
items
£m
Total
£m
Total turnover 218,914 – 18,914
Group’s share of joint ventures’ turnover 3(352) – (352)
Group’s share of associates’ turnover 3(43) – (43)
Group turnover 218,519 – 18,519
Other operating income 4177 – 177
Operating costs 5(15,804) (19) (15,823)
Group operating profit (loss) 2,892 (19) 2,873
Group’s share of operating loss of joint ventures 6(12) (26) (38)
Group’s share of operating profit of associates 64–4
Total operating profit (loss) 2,884 (45) 2,839
Profit on sale of fixed asset investments 743438
Loss on sale of group undertakings 7– (2) (2)
Profit on sale of property fixed assets 14 – 14
Interest receivable 10 264 34 298
Interest payable 11 (1,150) (89) (1,239)
Profit (loss) on ordinary activities before taxation 2,016 (68) 1,948
Tax on profit (loss) on ordinary activities 12 (568) 29 (539)
Profit (loss) on ordinary activities after taxation 1,448 (39) 1,409
Minority interests 13 8–8
Profit (loss) for the financial year 1,456 (39) 1,417
Dividends 14 (732)
Retained profit for the financial year 28 685
Basic earnings per share 15 16.9p 16.4p
Diluted earnings per share 15 16.8p 16.3p
BT Annual Report and Form 20-F 200478
Group profit and loss account
for the year ended 31 March 2004