BT Group plc (BT) 2001年年度报告「LSE」.pdf

1、BT is one of Europes leading communicationscompanies,offering high quality innovativevoice,broadband,data,internet and wirelessservices.We aim to help our customers make themost of the unprecedented opportunities thatare arising as communications technologiesadvance and develop.We have announced our

2、 intention of formingtwo strong and separately listed companies,BT Wireless and Future BT,with the objectiveof further increasing our ability to buildshareholder value.British Telecommunications plc is a public limited companyregistered in England,with listings on the London,New Yorkand Tokyo stock

3、exchanges.This is the annual report for the year ended 31 March 2001.It complies with UK regulations and is the annual report onForm 20-F for the Securities and Exchange Commission to meetUS regulations.This annual report has been sent to shareholders who haveelected to receive a copy.A separate ann

4、ual review andsummary financial statement for the year ended 31 March 2001has been issued to all shareholders.BT Annual report and Form 20-F 01Contents3Financial headlines4Chairmans message6Chief Executives statement7Message from Sir Iain Vallance8Business review26Our commitment to society28Five-yea

5、r financial summary30Financial review49Board of directors and executive committee52Report of the directors53Corporate governance57Risk factors62Report on directors remuneration71Statement of directors responsibility72Report of the independent auditors73Accounting policies76Consolidated financial sta

6、tements124 United States generally accepted accounting principles130 Subsidiary undertakings,joint ventures and associates132 Quarterly analysis of turnover and profit133 Unaudited pro forma condensed combined financial statements141 Financial statistics142 Operational statistics and regulatory info