BT 2005 Annual Report Download - page 3

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rGroup turnover of £18.6 billion
rNew wave turnover of £4.5 billion, up 32%
rProfit before taxation, goodwill amortisation and exceptional
items of £2.1 billion, up 4%
rEarnings per share before goodwill amortisation and exceptional
items of 18.1 pence, up 7%
rNet debt reduced from £8.4 billion to £7.8 billion
rDividends of 10.4 pence per share for the year, up 22%
Years ended 31 March
In £ million unless otherwise stated 2005 2004
a
2003
a
Group turnover 18,623 18,519 18,727
Exceptional operating costs (84) (33) (48)
Total operating profit 2,764 2,836 2,905
Profit on sale of fixed asset investments 358 38 1,705
Loss on sale of group undertakings –(2) (9)
Profit on sale of property fixed assets 22 14 11
Profit before taxation 2,343 1,945 3,173
Profit after taxation 1,820 1,406 2,714
Basic earnings per share 21.4p 16.4p 31.4p
Dividends per share 10.4p 8.5p 6.5p
Profit before goodwill amortisation, exceptional items and taxation 2,085 2,013 1,840
Basic earnings per share before goodwill amortisation and exceptional items 18.1p 16.9p 14.4p
Net cash inflow from operating activities 5,898 5,389 6,023
Capital expenditure on property, plant and equipment 3,011 2,673 2,445
a
Restated following the adoption of UITF17 and UITF38 (see note 1 on page 81)
The financial information above is discussed in the Financial review on pages 25 to 43, together with the reasons for
focusing on the results from continuing activities before goodwill amortisation and exceptional items.
The Consolidated financial statements are on pages 71 to 122.
01 02 03 04
19.2
9.0
14.4
16.9
Earnings per share before
goodwill amortisation and
exceptional itemsbc (pence)
years ended 31 March
bfrom continuing activities
crestated – see note 1
Financial headlines
2BTGroup plc Annual Report and Form 20-F 2005