BT 2010 Annual Report Download - page 153

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151BT GROUP PLC ANNUAL REPORT & FORM 20-F
FINANCIAL STATEMENTS
SELECTED FINANCIAL DATA
Summary group income statement
2010 2009a2008a2007a2006a
Year ended 31 March £m £m £m £m £m
Revenue
Adjustedb20,911 21,431 20,704 20,223 19,514
Specific items (52) ––––
Contract and financial review charges – (41) – – –
20,859 21,390 20,704 20,223 19,514
Other operating income
Adjustedb378 352 359 236 227
Specific items 2 (13) (10) (3) –
380 339 349 233 227
Operating costs
Adjustedb(18,689) (19,435) (18,168) (17,746) (17,108)
Specific items (427) (395) (529) (169) (138)
Contract and financial review charges – (1,598) – – –
(19,116) (21,428) (18,697) (17,915) (17,246)
Operating profit
Adjustedb2,600 2,348 2,895 2,713 2,633
Specific items (477) (408) (539) (172) (138)
Contract and financial review charges – (1,639) – – –
2,123 301 2,356 2,541 2,495
Net finance expense
Adjustedb(890) (933) (798) (653) (726)
Specific items 11 – – 139
Net interest on pensions (279) 313 420 420 254
(1,158) (620) (378) (94) (472)
Share of post tax profits (losses) of associates and joint ventures
Adjustedb25 39 (11) 15 16
Specific items 29 36–––
54 75 (11) 15 16
(Loss) profit on disposal of associates and joint ventures - specific itemsa(12) – 9 22 1
Profit (loss) before taxation
Adjustedb1,735 1,454 2,086 2,075 1,923
Specific items (449) (372) (530) (11) (137)
Contract and financial review charges – (1,639) – – –
Net interest on pensions (279) 313 420 420 254
1,007 (244) 1,976 2,484 2,040
Taxation
Adjustedb(398) (361) (455) (485) (457)
Specific items 342 43 343 979 41
Contract and financial review charges – 459–––
Net interest on pensions 78 (88) (126) (126) (76)
22 53 (238) 368 (492)
Profit (loss) for the year
Adjustedb1,337 1,093 1,631 1,590 1,466
Specific items (107) (329) (187) 968 (96)
Contract and financial review charges – (1,180) – – –
Net interest on pensions (201) 225 294 294 178
1,029 (191) 1,738 2,852 1,548
Basic earnings (loss) per share
Adjustedb17.3p 14.1p 20.2p 19.1p 17.4p
Specific items (1.4)p (4.3)p (2.4)p 11.7p (1.1)p
Contract and financial review charges – (15.3)p – – –
Net interest on pensions (2.6)p 3.0p 3.7p 3.6p 2.1p
Total basic (loss) earnings per share 13.3p (2.5)p 21.5p 34.4p 18.4p
aRestated. See page 94.
bAdjusted revenue, adjusted other operating income, adjusted operating costs, adjusted operating profit, adjusted net finance expense, adjusted share of post tax profits (losses) of associates and joint
ventures, adjusted (loss) profit on disposal of associates and joint ventures, adjusted profit (loss) before taxation, adjusted taxation credit (charge), adjusted profit (loss) for the year and adjusted basic
earnings (loss) per share are non-GAAP measures provided in addition to the disclosure requirements defined under IFRS. The rationale for using non-GAAP measures is explained on pages 54 to 56.
OVERVIEWREVIEW OF THE YEARREPORT OF THE DIRECTORSFINANCIAL STATEMENTSADDITIONAL INFORMATION