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86 BT Group plc Annual Report & Form 20-F
Before specific
items
Specific
itemsaTotal
For the year ended 31 March 2007 Notes £m £m £m
Revenue 120,223 – 20,223
Other operating income 2 236 (3) 233
Operating costs 3 (17,746) (169) (17,915)
Operating profit 12,713 (172) 2,541
Finance expense 5 (2,604) – (2,604)
Finance income 5 2,371 139 2,510
Net finance expense (233) 139 (94)
Share of post tax profit of associates and joint ventures 15 15 – 15
Profit on disposal of associate –2222
Profit before taxation 2,495 (11) 2,484
Taxation 6(611) 979 368
Profit for the year 1,884 968 2,852
Attributable to:
Equity shareholders of the parent 1,882 968 2,850
Minority interests 22 2–2
Earnings per share 8
Basic 34.4p
Diluted 33.6p
Before specific
items
Specific
itemsaTotal
For the year ended 31 March 2006 Notes £m £m £m
Revenue 1 19,514 – 19,514
Other operating income 2 227 – 227
Operating costs 3 (17,108) (138) (17,246)
Operating profit 12,633 (138) 2,495
Finance expense 5 (2,740) – (2,740)
Finance income 5 2,268 – 2,268
Net finance expense (472) – (472)
Share of post tax profit of associates and joint ventures 15 16 – 16
Profit on disposal of joint venture –11
Profit before taxation 2,177 (137) 2,040
Taxation 6(533) 41 (492)
Profit for the year 1,644 (96) 1,548
Attributable to:
Equity shareholders of the parent 1,643 (96) 1,547
Minority interests 22 1 – 1
Earnings per share 8
Basic 18.4p
Diluted 18.1p
aFor a definition of specific items, see accounting policies. An analysis of specific items is provided in note 4.
Dividends paid in the year were £1,053 million (2006: £912 million, 2005: £786 million), as shown in note 7. Dividends proposed in
respect of the 2007 financial year were 15.1 pence per share (2006: 11.9 pence, 2005: 10.4 pence) which amounts to £1,247
million (2006: £993 million, 2005: £883 million).
Consolidated financial statements
Group income statement
For the year ended 31 March 2007