BT 2007 Annual Report Download - page 30

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9 Business review
Financial review
49 Corporate governance
Financial review
30 Introduction to the
Financial review
31 Summarised group income
statement
32 Group results
33 Line of business results for
2007 and 2006
34 BT Global Services
35 BT Retail
36 BT Wholesale
37 Openreach
38 Line of business results for
2006 and 2005
38 BT Global Services
38 BT Retail
39 BT Wholesale
40 Other operating income
40 Operating costs
40 Specific items
41 Operating profit
41 Net finance expense
42 Associates and joint ventures
42 Profit before taxation
42 Taxation
42 Earnings per share
42 Dividends
42 Share buyback
42 Business transformation
43 Financing
44 Treasury policy
44 Off-balance sheet arrangements
44 Capital resources
45 Financial risk management
45 Capital expenditure
46 Acquisitions
46 Balance sheet
46 Return on capital employed
46 Pensions
47 Geographical information
47 Critical accounting policies
47 US GAAP
47 US GAAP developments
Please see Cautionary statement
regarding forward-looking statements
on page 158.
Report of the Directors
Financial review
The financial results for the 2007, 2006 and 2005 financial years reflect the continued strong
growth in new wave services as we drive value from transforming the business.
BT Group plc Annual Report & Form 20-F 29