BT 2016 Annual Report Download - page 237
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243
Overview The Strategic Report Governance Financial statements Additional information
Selected financial data
Summary group income statement
Year ended 31 March
2016
£m
2015
£m
2014
£m
2013
£m
2012
£m
Revenue
Adjusted 18,909 17,851 18,287 18,339 19,397
Specific items 133 128 –(236) (410)
19,042 17,979 18,287 18,103 18,987
Operating costs
Adjusted (14,959) (14,118) (14,866) (15,039) (16,335)
Specific items (348) (381) (276) (116) 237
(15,307) (14,499) (15,142) (15,155) (16,098)
Operating profit
Adjusted 3,950 3,733 3,421 3,300 3,062
Specific items (215) (253) (276) (352) (173)
3,735 3,480 3,145 2,948 2,889
Net finance expense
Adjusted (483) (560) (591) (653) (681)
Specific items (229) (299) (235) (119) (98)
(712) (859) (826) (772) (779)
Share of post tax profit (loss) of associates and joint ventures
Adjusted 6(1) (3) 910
Profit (loss) on disposal of interest in associates and joint ventures – specific items –25 (4) 130 –
Profit before taxation
Adjusted 3,473 3,172 2,827 2,656 2,391
Specific items (444) (527) (515) (341) (271)
3,029 2,645 2,312 2,315 2,120
Taxation expense
Adjusted (607) (631) (613) (597) (576)
Specific items 166 121 319 230 212
(441) (510) (294) (367) (364)
Profit for the year
Adjusted 2,866 2,541 2,214 2,059 1,815
Specific items (278) (406) (196) (111) (59)
2,588 2,135 2,018 1,948 1,756
Basic earnings per share
Adjusted 33.2p 31.5p 28.2p 26.3p 23.4p
Specific items (3.3)p (5.0)p (2.5)p (1.5)p (0.8)p
29.9p 26.5p 25.7p 24.8p 22.6p
Average number of shares used in basic earnings per share (millions) 8,619 8,056 7,857 7,832 7,763
Average number of shares used in diluted earnings per share (millions) 8,714 8,191 8,231 8,203 8,201
Diluted earnings per share 29.6p 26.1p 24.5p 23.7p 21.4p
Dividends per sharea14.0p 12.4p 10.9p 9.5p 8.3p
Dividends per share, US centsa,b 20.1c 18.4c 18.2c 14.4c 13.3c
a Dividends 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.
b Based on actual dividends paid and/or year end exchange rate on proposed dividends.