BT 2015 Annual Report Download - page 81

Download and view the complete annual report

Please find page 81 of the 2015 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 236

  • 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
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236

79
Overview
The Strategic Report
Purpose and strategy
Delivering our strategy
0ur lines of business
Group performance
Governance
Financial statements
Additional information
*URXSƬQDQFLDOUHVXOWV
e have ade ood proress and aain delivered stron financial results for the ear.
e have ade e decisions and are investin in the thins that set us apart.
EBITDA
Year ended 31 March
reported 1%
0%
adjusteda
3%
3%
20152014
20142013 2015
5,600
5,800
6,000
6,200
6,400
£m
5,791
6,143
5,840
6,116
6,018
6,271
)UHHFDVKƮRZ
Year ended 31 March
20142013 2015
2,000
2,100
2,300
2,500
2,700
2,200
2,400
2,600
2,800
2,900
£m
reported 5%
7%
normalisedd
28%
16%
20152014
2,292
2,300
2,782
2,830
2,171
2,450
Net debt
At 31 March
20142013 2015e
0
2,000
4,000
6,000
8,000
£m
7,797
7,028
5,119
3URƬWEHIRUHWD[DWLRQ
Year ended 31 March
20142013 2015
0
1,000
500
1,500
2,000
2,500
3,500
3,000
£m
reported 0%
6%
adjusteda
14%
12%
20152014
2,315
2,656
2,312
2,827
2,645
3,172
Revenue
Year ended 31 March
20142013 2015
17,000
17,500
18,000
18,500
£m
reported 1%
0%
2%
2%
adjusteda
20152014
18,103
18,339
18,287
18,287
17,979
17,851
Earnings per share
Year ended 31 March
20142013 2015
0
5
10
15
20
35
30
25
pence
reported 4%
7%
3%
12%
adjusteda
20152014
24.8
26.3
25.7
28.2
26.5
31.5
Capital expenditurec
Year ended 31 March
20142013 2015
£m
2,438
2,346
2,326
2,000
2,120
2,240
2,360
2,480
Operating costsb
Year ended 31 March
20142013 2015
11,000
11,500
12,000
12,500
£m
reported 1%
0%
adjusteda
4%
5%
20152014
12,312
12,196
12,447
12,171
11,961
11,580

^
2015
01
hane
Proposed full year dividend
ear ended 1 arch
a,WHPVSUHVHQWHGDVDGMXVWHGDUHVWDWHGEHIRUHVSHFLƬFLWHPV6HHSDJHIRUIXUWKHUGHWDLOV
b Before depreciation and amortisation.
c Before purchases of telecommunications licences.
d6HHGHƬQLWLRQRQSDJHDQGVXPPDULVHGFDVKƮRZVWDWHPHQWRQSDJH
e,QFOXGHVWKHLPSDFWRIRXU~EQHTXLW\SODFLQJ6HHSDJH
10.9p
p