BT 2011 Annual Report Download - page 90

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88 STATEMENT OF DIRECTORS’ RESPONSIBILITIES
89 REPORT OF THE INDEPENDENT AUDITORS
CONSOLIDATED FINANCIAL STATEMENTS
89 United Kingdom opinion
90 United States opinion
91 CONSOLIDATED FINANCIAL STATEMENTS
91 ACCOUNTING POLICIES
100 GROUP INCOME STATEMENT
101 GROUP STATEMENT OF COMPREHENSIVE INCOME
102 GROUP STATEMENT OF CHANGES IN EQUITY
103 GROUP CASH FLOW STATEMENT
104 GROUP BALANCE SHEET
105 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
1. Segment information 105
2. Other operating income 109
3. Operating costs 109
4. Employees 110
5. Related party transactions 110
6. Share-based payments 111
7. Audit and non-audit services 114
8. Specific items 115
9. Finance expense and finance income 116
10. Taxation 117
11. Earnings (loss) per share 118
12. Dividends 118
13. Intangible assets 119
14. Property, plant and equipment 121
15. Investments 122
16. Cash and cash equivalents 123
17. Associates and joint ventures 123
18. Inventories 124
19. Trade and other receivables 124
20. Loans and other borrowings 126
21. Derivative financial instruments 127
22. Trade and other payables 128
23. Retirement benefit plans 129
24. Deferred taxation 136
25. Provisions 137
26. Non-controlling interests 137
27. Share capital 137
28. Other reserves 138
29. Financial instruments and risk management 139
30. Financial commitments and contingent liabilities 150
151 REPORT OF THE INDEPENDENT AUDITORS – PARENT
COMPANY FINANCIAL STATEMENTS
152 FINANCIAL STATEMENTS OF BT GROUP PLC
155 SUBSIDIARY UNDERTAKINGS AND ASSOCIATE
87BT GROUP PLC ANNUAL REPORT & FORM 20-F 2011
FINANCIAL STATEMENTS
OVERVIEWBUSINESS REVIEWFINANCIAL REVIEWREPORT OF THE DIRECTORSFINANCIAL STATEMENTSADDITIONAL INFORMATION