BT 2007 Annual Report Download - page 78

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74 Statement of directors’
responsibility
75 Report of the independent
auditors
Consolidated financial
statements
143 Glossary of terms and
US equivalents
144 Report of the independent
auditors – parent company
145 Financial statements of
BT Group plc
148 Subsidiary undertakings
and associate
149 Quarterly analysis of
revenue
and profit
150 Selected financial data
154 Financial statistics
156 Operational statistics
Consolidated financial
statements
78 Accounting policies
86 Group income statement
87 Group statement of recognised
income and expense
88 Group cash flow statement
89 Group balance sheet
90 Notes to the consolidated
financial statements
90 Segmental analysis
95 Other operating income
96 Operating costs
97 Specific items
97 Finance income and finance
expense
98 Taxation
99 Dividends
100 Earnings per share
101 Cash and cash equivalents
101 Net debt
102 Free cash flow
102 Intangible assets
104 Property, plant and
equipment
105 Investments
106 Associates and joint
ventures
107 Trade and other receivables
107 Loans and other borrowings
108 Derivative financial
instruments
109 Trade and other payables
109 Provisions
110 Deferred taxation
111 Minority interests
111 Reconciliation of
movements in equity
111 Share capital
112 Other reserves and retained
earnings
113 Related party transactions
113 Financial commitments and
contingent liabilities
114 Acquisitions
117 Retirement benefit plans
121 Employees
121 Share based payments
126 Audit and non audit services
126 Financial instruments and
risk management
133 Post balance sheet events
134 United States generally
accepted accounting
principles
Consolidated financial statements
BT Group plc Annual Report & Form 20-F 77