BT 2011 Annual Report Download - page 104

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101BT GROUP PLC ANNUAL REPORT & FORM 20-F 2011
FINANCIAL STATEMENTS
FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS
GROUP INCOME STATEMENT
Before specific Specific
itemsaitemsaTotal
Year ended 31 March 2009 Notes £m £m £m
Revenue 121,431 (41) 21,390
Other operating income 2 352 (13) 339
Operating costs 3 (19,435) (1,993) (21,428)
Operating profit 12,348 (2,047) 301
Finance expense 9 (964) (2,308) (3,272)
Finance income 9 31 2,621 2,652
Net finance expense (933) 313 (620)
Share of post tax profit of associates and joint ventures 39 36 75
Profit (loss) before taxation 1,454 (1,698) (244)
Taxation 10 (361) 414 53
Profit (loss) for the year 1,093 (1,284) (191)
Attributable to:
Equity shareholders of the parent 1,091 (1,284) (193)
Non-controlling interests 2–2
Loss per share 11
Basic (2.5)p
Diluted (2.5)p
aIn 2011 the group amended its definition of specific items. Comparatives for 2009 have been re-presented to be on a consistent basis. See page 91 for details.
GROUP STATEMENT OF COMPREHENSIVE INCOME
2011 2010 2009
Year ended 31 March Notes £m £m £m
Profit (loss) for the year 1,504 1,029 (191)
Other comprehensive income (loss)
Actuarial gains (losses) relating to retirement benefit obligations 23 5,109 (4,324) (7,037)
Exchange differences on translation of foreign operations 28 (140) (119) 692
Fair value movements on available-for-sale assets 28 15 7 5
Fair value movements on cash flow hedges:
– net fair value (losses) gains 28 (347) (1,067) 2,719
– recognised in income and expense 28 333 496 (2,144)
– reclassified and reported in non-current assets 28 – (4) (5)
Tax on components of other comprehensive income 10 (1,521) 1,350 1,859
Other comprehensive income (loss) for the year, net of tax 3,449 (3,661) (3,911)
Total comprehensive income (loss) for the year 4,953 (2,632) (4,102)
Attributable to:
Equity shareholders of the parent 4,951 (2,633) (4,113)
Non-controlling interests 2111
4,953 (2,632) (4,102)
OVERVIEWBUSINESS REVIEWFINANCIAL REVIEWREPORT OF THE DIRECTORSFINANCIAL STATEMENTSADDITIONAL INFORMATION