BT 2005 Annual Report Download - page 26

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The review is divided into the following sections:
26 Introduction
27 Summarised profit and loss account
28 Group results
30 Line of business results
30 BT Retail
32 BT Wholesale
33 BT Global Services
33 Other operating income
33 Operating costs
34 Group operating profit (loss)
34 Associates and joint ventures
35 Total operating profit (loss)
35 Profit on sale of group undertakings and fixed
asset investments
35 Interest charge
36 Profit (loss) before taxation
36 Taxation
36 Earnings (loss) per share
36 Dividends
36 Financing
37 Treasury policy
38 Off-balance sheet arrangements
38 Capital resources
38 Foreign currency and interest rate exposure
38 Capital expenditure
39 Acquisitions
39 Balance sheet
39 Return on capital employed
39 Pensions
40 Geographical information
40 Regulatory financial information
40 Regulation, competition and prices
40 Competition and the UK economy
40 Environment
40 Critical accounting policies
41 Adoption of International Financial Reporting
Standards (IFRS)
43 US GAAP
Please see cautionary statement regarding
forward-looking statements on page 128.
Financial review
Operating and financial review BT Group plc Annual Report and Form 20-F 2005 25