BT 2010 Annual Report Download - page 152

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QUARTERLY ANALYSIS OF REVENUE AND PROFIT
Unaudited
1st 2nd 3rd 4th Total
Year ended 31 March 2010 Quarters £m £m £m £m £m
Revenue 5,235 5,070 5,198 5,356 20,859
Other operating income 79 93 80 128 380
Operating costs (4,767) (4,613) (4,805) (4,931) (19,116)
Operating profit 547 550 473 553 2,123
Net finance expense (283) (284) (292) (299) (1,158)
Share of post tax profits of associates and joint ventures 8 9 28 9 54
Loss on disposal of associate – – – (12) (12)
Profit before taxation 272 275 209 251 1,007
Taxation (58) 153 (31) (42) 22
Profit for the period 214 428 178 209 1,029
Basic earnings per share 2.8p 5.5p 2.3p 2.7p 13.3p
Diluted earnings per share 2.7p 5.4p 2.2p 2.6p 12.9p
Profit before specific items and taxation 313 370 339 434 1,456
Adjusted basic earnings per sharea3.8p 4.3p 4.1p 5.0p 17.3p
Unaudited
1st 2nd 3rd 4th Totalb
Year ended 31 March 2009 Quarters £m £m £m £m £m
Revenue 5,177 5,303 5,437 5,473 21,390
Other operating income 90 107 71 71 339
Operating costs (4,641) (4,762) (5,299) (6,726) (21,428)
Operating profit (loss) 626 648 209 (1,182) 301
Net finance expense (130) (159) (180) (151) (620)
Share of post tax profits of associates and joint ventures 1 5 52 17 75
(Loss) profit before taxation 497 494 81 (1,316) (244)
Taxation (115) (116) (19) 303 53
(Loss) profit for the period 382 378 62 (1,013) (191)
Basic (loss) earnings per share 4.9p 4.9p 0.8p (13.1)p (2.5)p
Diluted (loss) earnings per share 4.8p 4.9p 0.8p (13.0)p (2.5)p
Profit (loss) before specific items and taxation 524 532 45 (973) 128
Adjusted basic earnings per sharea4.4p 4.5p 2.7p 2.4p 14.1p
Unaudited
1st 2nd 3rd 4th Totalb
Year ended 31 March 2008 Quarters £m £m £m £m £m
Revenue 5,033 5,095 5,154 5,422 20,704
Other operating income 66 73 74 136 349
Operating costs (4,441) (4,647) (4,646) (4,963) (18,697)
Operating profit 658 521 582 595 2,356
Net finance expense (55) (92) (134) (97) (378)
Share of post tax losses of associates and joint ventures (3) (3) (2) (3) (11)
Profit (loss) on disposal of associate – 9 1 (1) 9
Profit before taxation 600 435 447 494 1,976
Taxation 8 (96) (82) (68) (238)
Profit for the period 608 339 365 426 1,738
Basic earnings per share 7.4p 4.2p 4.5p 5.4p 21.5p
Diluted earnings per share 7.2p 4.1p 4.4p 5.3p 21.1p
Profit before specific items and taxation 650 617 581 658 2,506
Adjusted basic earnings per sharea5.0p 4.8p 4.8p 5.5p 20.2p
aAdjusted results refer to the amounts before BT Global Services contract and financial review charges in 2009, specific items and net interest on pensions.
bRestated. See page 94.
FINANCIAL STATEMENTS
BT GROUP PLC ANNUAL REPORT & FORM 20-F150