BT 2007 Annual Report Download - page 152

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BT Group plc Annual Report & Form 20-F 151
Summary of group income statement – UK GAAP
Year ended 31 March
2005
£m
2004
£m
2003
£m
Total turnover 19,031 18,914 20,182
Group’s share of associates’ and joint ventures’ turnover (408) (395) (1,455)
Group turnover 18,623 18,519 18,727
Other operating income 171 177 215
Operating costsab (16,005) (15,826) (16,366)
Group operating profit
Before goodwill amortisation and exceptional items 2,864 2,889 2,794
Goodwill amortisation and exceptional items (75) (19) (218)
2,789 2,870 2,576
Group’s share of operating (loss) profit of associates and
joint venturesc(25) (34) 329
Total operating profit 2,764 2,836 2,905
Profit on sale of fixed asset investments and group undertakings 358 36 1,696
Profit on sale of property fixed assets 22 14 11
Net interest payabled(801) (941) (1,439)
Profit on ordinary activities before taxation
Before goodwill amortisation and exceptional items 2,085 2,013 1,840
Goodwill amortisation and exceptional items 258 (68) 1,333
2,343 1,945 3,173
Tax on profit on ordinary activitiese(523) (539) (459)
Profit on ordinary activities after taxation 1,820 1,406 2,714
Minority interests 1 8 (12)
Profit for the year 1,821 1,414 2,702
Average number of shares used in basic earnings per share (millions) 8,524 8,621 8,616
Basic earnings per share 21.4p 16.4p 31.4p
Diluted earnings per share 21.2p 16.3p 31.2p
Dividends per share 10.4p 8.5p 6.5p
Dividends per share, centsf19.5c 15.3c 10.3c
Basic earnings per share before goodwill amortisation and exceptional items 18.1p 16.9p 14.4p
Diluted earnings per share before goodwill amortisation and exceptional items 18.0p 16.8p 14.3p
a
Includes net exceptional costs 59 7 198
b
Includes early leaver costs 166 202 276
c
Includes exceptional costs (release) 25 26 (150)
d
Includes exceptional costs – 55 293
e
Includes exceptional tax credit (16) (29) (139)
f
Based on actual dividends paid and/or year end exchange rate on
proposed dividends
Financial statements