BT 2007 Annual Report Download - page 93

Download and view the complete annual report

Please find page 93 of the 2007 BT annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 178

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178

1. SEGMENTAL ANALYSIS continued
BT Global
Services BT Retail BT Wholesale Openreach Other Total
Year ended 31 March 2006 (restated) £m £m £m £m £m £m
Results
Operating profit before specific items 288 569 759 1,183 (166) 2,633
Specific items (138) (138)
Segment result 288 569 759 1,183 (304) 2,495
Share of post tax profit of associates and joint
ventures 16
Profit on disposal of joint venture 1
Net finance expense (472)
Profit before tax 2,040
Taxation (492)
Profit for the year 1,548
Capital additionsa
Property, plant and equipment 466 98 778 965 243 2,550
Intangible assets 236 55 197 73 31 592
702 153 975 1,038 274 3,142
Depreciation 555 120 1,008 770 181 2,634
Amortisation 83 27 94 30 16 250
aAdditions to intangible assets exclude goodwill arising on acquisitions.
BT Global
Services BT Retail BT Wholesale Openreach Other Total
As at 31 March 2007 £m £m £m £m £m £m
Assets
Segment assets 6,714 1,831 5,054 8,707 34 22,340
Associates and joint ventures 67 67
Unallocated assets 1,748 1,748
Consolidated total assets 6,714 1,831 5,054 8,707 1,849 24,155
Liabilities
Segment liabilities 3,128 2,351 1,426 598 31 7,534
Unallocated liabilities 12,349 12,349
Consolidated total liabilities 3,128 2,351 1,426 598 12,380 19,883
BT Global
Services BT Retail BT Wholesale Openreach Other Total
As at 31 March 2006 (restated) £m £m £m £m £m £m
Assets
Segment assets 6,253 2,517 4,959 8,200 (93) 21,836
Associates and joint ventures 48 48
Unallocated assets 2,816 2,816
Consolidated total assets 6,253 2,517 4,959 8,200 2,771 24,700
Liabilities
Segment liabilities 3,795 2,400 911 489 (308) 7,287
Unallocated liabilities 15,806 15,806
Consolidated total liabilities 3,795 2,400 911 489 15,498 23,093
Segment assets consist primarily of property, plant and equipment, intangible assets, inventories, and trade receivables. Unallocated
assets include deferred and current taxation, investments, derivatives and associates and joint ventures. Segment liabilities comprise
trade and other payables and provisions. Unallocated liabilities include current and deferred taxation, retirement benefit obligations,
finance lease liabilities, corporate borrowings and related derivatives.
Consolidated financial statements Notes to the consolidated financial statements
92 BT Group plc Annual Report & Form 20-F