BT 2011 Annual Report Download - page 162
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159BT GROUP PLC ANNUAL REPORT & FORM 20-F 2011
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION SELECTED FINANCIAL DATA
Summary group cash flow statement
2011 2010 2009 2008 2007
Year ended 31 March £m £m £m £m £m
Net cash inflow from operating activities 4,566 4,825 4,706 5,486 5,210
Net cash outflow from investing activities (2,183) (2,775) (2,954) (3,664) (2,778)
Net cash used in financing activities (3,499) (1,714) (1,865) (1,430) (2,898)
Effect of exchange rate changes on cash and cash equivalents (3) (7) 54 25 (35)
Net (decrease) increase in cash and cash equivalents (1,119) 329 (59) 417 (501)
Cash and cash equivalents at the start of the year 1,444 1,115 1,174 757 1,258
Cash and cash equivalents at the end of the year 325 1,444 1,115 1,174 757
Summary group balance sheet
2011 2010 2009 2008 2007
At 31 March £m £m £m £m £m
Intangible assets 3,389 3,672 3,788 3,355 2,584
Property, plant and equipment 14,623 14,856 15,405 15,307 14,997
Retirement benefit asset – – – 2,887 –
Other non-current assets 1,597 3,867 4,154 1,286 780
19,609 22,395 23,347 22,835 18,361
Current assets less current liabilities (3,100) (4,135) (3,141) (2,978) (3,746)
Total assets less current liabilities 16,509 18,260 20,206 19,857 14,615
Non-current loans and other borrowings (9,371) (9,522) (12,365) (9,818) (6,387)
Retirement benefit obligations (1,830) (7,864) (3,973) (108) (389)
Other non-current liabilities (3,357) (3,500) (3,699) (4,499) (3,567)
Total assets less liabilities 1,951 (2,626) 169 5,432 4,272
Called up share capital 408 408 408 420 432
Share premium account 62 62 62 62 31
Capital redemption reserve 27 27 27 15 2
Other reserves 658 757 1,301 (527) 88
Retained earnings (loss) 770 (3,904) (1,656) 5,439 3,685
Total parent shareholders’ equity (deficit) 1,925 (2,650) 142 5,409 4,238
Non-controlling interests 26 24 27 23 34
Total equity (deficit) 1,951 (2,626) 169 5,432 4,272
Other selected financial data
2011 2010 2009 2008 2007
£m £m £m £m £m
Adjusted EBITDAa5,886 5,639 5,238 5,784 5,633
Reported free cash flowb2,011 1,933 737 1,823 1,874
Net debtc8,816 9,283 10,361 9,460 7,914
aAdjusted EBITDA is stated before specific items and is defined on page 57.
bReported free cash flow is defined on page 58.
cNet debt is defined on page 58.
OVERVIEWBUSINESS REVIEWFINANCIAL REVIEWREPORT OF THE DIRECTORSFINANCIAL STATEMENTSADDITIONAL INFORMATION