BT 2008 Annual Report Download - page 105
Download and view the complete annual report
Please find page 105 of the 2008 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.-
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
 |
 |
104 BT Group plc Annual Report & Form 20-F
2. Other operating income
2008 2007 2006
£m £m £m
.....................................................................................................................................................................................................................................
Profits on disposal of property, plant and equipment 50 20 2
Income from repayment works 74 68 74
Other operating income 235 148 151
Other operating income before specific items 359 236 227
Specific items (note 4) (10) (3) –
Other operating income 349 233 227
3. Operating costs
2008 2007 2006
£m £m £m
.....................................................................................................................................................................................................................................
Costs by nature
Staff costs:
Wages and salaries 4,242 4,099 3,910
Social security costs 417 388 377
Pension costs 626 643 603
Share based payments 73 93 76
Total staff costs 5,358 5,223 4,966
Own work capitalised (724) (718) (674)
Net staff costs 4,634 4,505 4,292
Depreciation of property, plant and equipment:
Owned assets 2,324 2,420 2,500
Under finance leases 86 116 134
Amortisation of intangible assets 479 384 250
Payments to telecommunications operators 4,237 4,162 4,045
Other operating costs 6,408 6,159 5,887
Total operating costs before specific items 18,168 17,746 17,108
Specific items (note 4) 529 169 138
Total operating costs 18,697 17,915 17,246
Operating costs before specific items include the following:
Leaver costsa127 147 133
Research and development expenditureb857 692 487
Rental costs relating to operating leases 423 389 413
Foreign currency losses 8512
aLeaver costs exclude manager leaver costs associated with the group’s transformation and reorganisation activities that have taken place in the year. Manager leaver costs associated with the
transformation activities have been recorded as a specific item. Other leaver costs are included within wages and salaries and social security costs.
bResearch and development expenditure includes amortisation of £325 million (2007: £314 million, 2006: £161 million) in respect of internally developed computer software.
Consolidated financial statements Notes to the consolidated financial statements