BT 2016 Annual Report Download - page 161
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167
Overview The Strategic Report Governance Financial statements Additional information
Group balance sheet
At 31 March Notes
2016
£m
2015
£m
Non-current assets
Intangible assets 12 15,436 3,170
Property, plant and equipment 13 16,010 13,505
Derivative financial instruments 27 1,462 1,232
Investments 23 46 44
Associates and joint ventures 24 26
Trade and other receivables 17 233 184
Deferred tax assets 91,247 1,559
34,458 19,720
Current assets
Programme rights 15 225 118
Inventories 16 189 94
Trade and other receivables 17 4,063 3,140
Current tax receivable 65 65
Derivative financial instruments 27 177 97
Investments 23 2,918 3,523
Cash and cash equivalents 24 497 434
8,134 7,471
Current liabilities
Loans and other borrowings 25 3,237 1,900
Derivative financial instruments 27 48 168
Trade and other payables 18 7,289 5,276
Current tax liabilities 271 222
Provisions 19 171 142
11,016 7,708
Total assets less current liabilities 31,576 19,483
Non-current liabilities
Loans and other borrowings 25 11,032 7,868
Derivative financial instruments 27 863 927
Retirement benefit obligations 20 6,382 7,583
Other payables 18 1,105 927
Deferred tax liabilities 91,262 948
Provisions 19 552 422
21,196 18,675
Equity
Ordinary shares 499 419
Share premium 1,051 1,051
Own shares 21 (115) (165)
Merger reserve 8,422 998
Other reserves 28 690 487
Retained loss (167) (1,982)
Total equity 10,380 808
31,576 19,483
The consolidated financial statements on pages 165 to 221 and 228 to 237 were approved by the Board of Directors on 4 May 2016
and were signed on its behalf by:
Sir Michael Rake
Chairman
Gavin Patterson
Chief Executive
Tony Chanmugam
Group Finance Director