BT 2016 Annual Report Download - page 159

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165
Overview The Strategic Report Governance Financial statements Additional information
Group income statement
Year ended 31 March 2016 Notes
Before
specific items
£m
Specific
items
£m
a Total
£m
Revenue 418,909 133 19,042
Operating costs 5(14,959) (348) (15,307)
Operating profit (loss) 43,950 (215) 3,735
Finance expense 26 (520) (229) (749)
Finance income 37 –37
Net finance expense (483) (229) (712)
Share of post tax profit of associates and joint ventures 6 – 6
Profit (loss) before taxation 3,473 (444) 3,029
Taxation 9(607) 166 (441)
Profit (loss) for the year 2,866 (278) 2,588
Earnings per share 10
Basic 29.9p
Diluted 29.6p
Year ended 31 March 2015 Notes
Before
specific items
£m
Specific
items
£m
a Total
£m
Revenue 417,851 128 17,979
Operating costs 5(14,118) (381) (14,499)
Operating profit (loss) 43,733 (253) 3,480
Finance expense 26 (577) (299) (876)
Finance income 17 –17
Net finance expense (560) (299) (859)
Share of post tax loss of associates and joint ventures (1) –(1)
Profit on disposal of interest in associates and joint ventures 8 – 25 25
Profit (loss) before taxation 3,172 (527) 2,645
Taxation 9(631) 121 (510)
Profit (loss) for the year 2,541 (406) 2,135
Earnings per share 10
Basic 26.5p
Diluted 26.1p
a For a definition of specific items, see page 240. An analysis of specific items is provided in note 8.