BT 2012 Annual Report Download - page 174

Download and view the complete annual report

Please find page 174 of the 2012 BT annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 205

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205

Additional information
Selected financial data
Summary group income statement
2012 2011 2010 2009 2008
Year ended 31 March £m £m £m £m £m
Revenue
Adjusted 19,307 20,076 20,911 21,431 20,704
Specific items (410) (52) (41)
18,897 20,076 20,859 21,390 20,704
Other operating income
Adjusted 387 373 378 352 359
Specific items (19) 2 (13) (10)
368 373 380 339 349
Operating costs
Adjusted (16,602) (17,542) (18,689) (19,435) (18,168)
Specific items 256 (329) (427) (1,993) (529)
(16,346) (17,871) (19,116) (21,428) (18,697)
Operating profit
Adjusted 3,092 2,907 2,600 2,348 2,895
Specific items (173) (329) (477) (2,047) (539)
2,919 2,578 2,123 301 2,356
Net finance expense
Adjusted (681) (845) (890) (933) (798)
Specific items 197 (79) (268) 313 420
(484) (924) (1,158) (620) (378)
Share of post tax profits (losses) of associates and joint ventures
Adjusted 10 21 25 39 (11)
Specific items – 29 36
10 21 54 75 (11)
Profit (loss) on disposal of associates and joint ventures – specific items 42 (12) 9
Profit (loss) before taxation
Adjusted 2,421 2,083 1,735 1,454 2,086
Specific items 24 (366) (728) (1,698) (110)
2,445 1,717 1,007 (244) 1,976
Taxation (expense) credit
Adjusted (584) (452) (398) (361) (455)
Specific items 142 239 420 414 217
(442) (213) 22 53 (238)
Profit (loss)for the year
Adjusted 1,837 1,631 1,337 1,093 1,631
Specific items 166 (127) (308) (1,284) 107
2,003 1,504 1,029 (191) 1,738
Basic earnings (loss) per share
Adjusted 23.7p 21.0p 17.3p 14.1p 20.2p
Specific items 2.1p (1.6)p (4.0)p (16.6)p 1.3p
Total basic earnings (loss) per share 25.8p 19.4p 13.3p (2.5)p 21.5p
Average number of shares used in basic earnings per share (millions) 7,763 7,750 7,740 7,724 8,066
Average number of shares used in diluted earnings per share (millions) 8,201 8,116 7,988 7,771 8,223
Diluted earnings (loss) per share 24.4p 18.5p 12.9p (2.5)p 21.1p
Dividends per sharea8.3p 7.4p 6.9p 6.5p 15.8p
Dividends per share, centsa,b 13.3c 11.8c 10.5c 9.3c 31.4c
aDividends per share represents the dividend paid and proposed in respect of the relevant financial year. Under IFRS, dividends are recognised as a deduction from shareholders’ equity when they are paid.
bBased on actual dividends paid and/or year end exchange rate on proposed dividends.
Overview
BusinessStrategy
Performance
Governance
Financial statements
Additional information Overview
BusinessStrategy
Performance
Governance
Financial statements
Additional information