BT Group PLC
LSE:BT.A
Income Statement
Earnings Waterfall
BT Group PLC
Revenue
|
20.7B
GBP
|
Cost of Revenue
|
-14B
GBP
|
Gross Profit
|
6.7B
GBP
|
Operating Expenses
|
-3.3B
GBP
|
Operating Income
|
3.4B
GBP
|
Other Expenses
|
-1.5B
GBP
|
Net Income
|
1.9B
GBP
|
Income Statement
BT Group PLC
Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
20 537
N/A
|
20 377
-1%
|
20 076
-1%
|
19 834
-1%
|
19 751
0%
|
19 487
-1%
|
19 397
0%
|
19 137
-1%
|
18 736
-2%
|
18 489
-1%
|
18 339
-1%
|
18 284
0%
|
18 282
0%
|
18 354
+0%
|
18 287
0%
|
18 192
-1%
|
18 084
-1%
|
17 960
-1%
|
17 851
-1%
|
17 775
0%
|
17 766
0%
|
17 878
+1%
|
18 879
+6%
|
20 376
+8%
|
22 055
+8%
|
23 594
+7%
|
24 082
+2%
|
24 156
+0%
|
24 054
0%
|
23 907
-1%
|
23 746
-1%
|
23 459
-1%
|
23 248
-1%
|
22 824
-2%
|
22 018
-4%
|
21 370
-3%
|
21 071
-1%
|
20 845
-1%
|
20 905
+0%
|
20 669
-1%
|
20 715
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 899)
|
0
|
(1 842)
|
(2 667)
|
(2 483)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4 225)
|
0
|
0
|
0
|
(4 047)
|
0
|
0
|
0
|
(4 395)
|
0
|
0
|
0
|
(10 140)
|
0
|
(1 370)
|
0
|
(9 746)
|
(9 715)
|
(9 349)
|
(8 961)
|
(8 573)
|
(8 314)
|
0
|
(7 951)
|
0
|
(7 820)
|
(3 745)
|
|
Gross Profit |
8 434
N/A
|
0
N/A
|
8 190
N/A
|
12 129
+48%
|
12 230
+1%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
14 062
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
13 804
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
14 484
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
13 942
N/A
|
0
N/A
|
4 581
N/A
|
0
N/A
|
14 000
N/A
|
13 744
-2%
|
13 899
+1%
|
13 863
0%
|
13 445
-3%
|
13 056
-3%
|
0
N/A
|
12 894
N/A
|
0
N/A
|
12 849
N/A
|
6 669
-48%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(15 897)
|
(17 535)
|
(15 327)
|
(14 233)
|
(14 326)
|
(16 488)
|
(16 335)
|
(16 043)
|
(15 599)
|
(15 309)
|
(15 039)
|
(14 970)
|
(14 977)
|
(15 015)
|
(10 641)
|
(14 731)
|
(14 548)
|
(14 342)
|
(10 071)
|
(14 004)
|
(14 052)
|
(14 122)
|
(10 656)
|
(16 406)
|
(17 841)
|
(19 396)
|
(9 807)
|
(20 064)
|
(18 692)
|
(19 932)
|
(10 009)
|
(9 898)
|
(10 190)
|
(10 252)
|
(10 067)
|
(9 988)
|
(17 993)
|
(9 722)
|
(17 771)
|
(9 663)
|
(13 591)
|
|
Selling, General & Administrative |
(2 698)
|
0
|
(3 187)
|
(4 846)
|
(4 852)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4 555)
|
0
|
0
|
0
|
(4 184)
|
0
|
0
|
0
|
(4 223)
|
0
|
0
|
0
|
(5 140)
|
0
|
(1 251)
|
0
|
(5 232)
|
(5 137)
|
(4 795)
|
(5 081)
|
(4 668)
|
(4 966)
|
0
|
(4 624)
|
0
|
(4 470)
|
(2 298)
|
|
Depreciation & Amortization |
(1 525)
|
0
|
(1 499)
|
(2 238)
|
(2 254)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2 695)
|
0
|
0
|
0
|
(2 538)
|
0
|
0
|
0
|
(2 631)
|
0
|
0
|
0
|
(3 510)
|
0
|
(892)
|
0
|
(3 514)
|
(3 546)
|
(3 931)
|
(4 296)
|
(4 327)
|
(4 347)
|
0
|
(4 405)
|
0
|
(4 742)
|
(2 349)
|
|
Other Operating Expenses |
(11 674)
|
(17 535)
|
(10 641)
|
(7 149)
|
(7 220)
|
(16 488)
|
(16 335)
|
(16 043)
|
(15 599)
|
(15 309)
|
(15 039)
|
(14 970)
|
(14 977)
|
(15 015)
|
(3 391)
|
(14 731)
|
(14 548)
|
(14 342)
|
(3 349)
|
(14 004)
|
(14 052)
|
(14 122)
|
(3 802)
|
(16 406)
|
(17 841)
|
(19 396)
|
(1 157)
|
(20 064)
|
(16 549)
|
(19 932)
|
(1 263)
|
(1 215)
|
(1 464)
|
(875)
|
(1 072)
|
(675)
|
(17 993)
|
(693)
|
(17 771)
|
(451)
|
(8 944)
|
|
Operating Income |
2 741
N/A
|
2 842
+4%
|
2 907
+2%
|
2 934
+1%
|
2 942
+0%
|
2 999
+2%
|
3 062
+2%
|
3 094
+1%
|
3 137
+1%
|
3 180
+1%
|
3 300
+4%
|
3 314
+0%
|
3 305
0%
|
3 339
+1%
|
3 421
+2%
|
3 461
+1%
|
3 536
+2%
|
3 618
+2%
|
3 733
+3%
|
3 771
+1%
|
3 714
-2%
|
3 756
+1%
|
3 828
+2%
|
3 970
+4%
|
4 214
+6%
|
4 198
0%
|
4 135
-2%
|
4 092
-1%
|
3 992
-2%
|
3 975
0%
|
3 991
+0%
|
3 846
-4%
|
3 709
-4%
|
3 611
-3%
|
3 378
-6%
|
3 068
-9%
|
3 078
+0%
|
3 172
+3%
|
3 134
-1%
|
3 186
+2%
|
3 379
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(957)
|
(935)
|
(824)
|
(764)
|
(717)
|
(677)
|
(671)
|
(669)
|
(664)
|
(669)
|
(644)
|
(630)
|
(611)
|
(589)
|
(586)
|
(591)
|
(585)
|
(575)
|
(553)
|
(543)
|
(514)
|
(472)
|
(469)
|
(511)
|
(544)
|
(600)
|
(587)
|
(571)
|
(555)
|
(546)
|
(532)
|
(602)
|
(691)
|
(788)
|
(816)
|
(765)
|
(764)
|
(821)
|
(842)
|
(871)
|
(924)
|
|
Non-Reccuring Items |
(531)
|
(457)
|
(401)
|
(346)
|
(255)
|
(106)
|
(271)
|
(285)
|
(450)
|
(566)
|
(471)
|
(584)
|
(530)
|
(543)
|
(511)
|
(485)
|
(502)
|
(517)
|
(552)
|
(497)
|
(434)
|
(380)
|
(444)
|
(467)
|
(605)
|
(839)
|
(1 178)
|
(1 466)
|
(1 387)
|
(1 245)
|
(828)
|
(564)
|
(359)
|
(468)
|
(480)
|
(499)
|
(563)
|
(388)
|
(507)
|
(572)
|
(481)
|
|
Gain/Loss on Disposition of Assets |
0
|
23
|
35
|
0
|
0
|
0
|
0
|
0
|
121
|
130
|
130
|
127
|
0
|
0
|
(4)
|
24
|
24
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(12)
|
0
|
0
|
35
|
35
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
(3)
|
(8)
|
0
|
0
|
24
|
17
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(15)
|
(14)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
|
Pre-Tax Income |
1 241
N/A
|
1 473
+19%
|
1 717
+17%
|
1 859
+8%
|
2 005
+8%
|
2 216
+11%
|
2 120
-4%
|
2 140
+1%
|
2 144
+0%
|
2 075
-3%
|
2 315
+12%
|
2 227
-4%
|
2 170
-3%
|
2 204
+2%
|
2 312
+5%
|
2 409
+4%
|
2 473
+3%
|
2 550
+3%
|
2 645
+4%
|
2 731
+3%
|
2 766
+1%
|
2 904
+5%
|
2 907
+0%
|
2 992
+3%
|
3 065
+2%
|
2 759
-10%
|
2 354
-15%
|
2 055
-13%
|
2 050
0%
|
2 184
+7%
|
2 616
+20%
|
2 666
+2%
|
2 659
0%
|
2 353
-12%
|
2 082
-12%
|
1 804
-13%
|
1 751
-3%
|
1 963
+12%
|
1 785
-9%
|
1 729
-3%
|
1 974
+14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(170)
|
(233)
|
(213)
|
(254)
|
(305)
|
(371)
|
(364)
|
(354)
|
(325)
|
(298)
|
(367)
|
(348)
|
(206)
|
(197)
|
(294)
|
(296)
|
(527)
|
(539)
|
(510)
|
(526)
|
(526)
|
(456)
|
(441)
|
(449)
|
(437)
|
(523)
|
(446)
|
(450)
|
(487)
|
(494)
|
(584)
|
(507)
|
(484)
|
(619)
|
(560)
|
(332)
|
(704)
|
(689)
|
(49)
|
176
|
(118)
|
|
Income from Continuing Operations |
1 071
|
1 240
|
1 504
|
1 605
|
1 700
|
1 845
|
1 756
|
1 786
|
1 819
|
1 777
|
1 948
|
1 879
|
1 964
|
2 007
|
2 018
|
2 113
|
1 946
|
2 011
|
2 135
|
2 205
|
2 240
|
2 448
|
2 466
|
2 543
|
2 628
|
2 236
|
1 908
|
1 605
|
1 563
|
1 690
|
2 032
|
2 159
|
2 175
|
1 734
|
1 522
|
1 472
|
1 047
|
1 274
|
1 736
|
1 905
|
1 856
|
|
Income to Minority Interest |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
1 069
N/A
|
1 238
+16%
|
1 502
+21%
|
1 603
+7%
|
1 698
+6%
|
1 842
+8%
|
1 756
-5%
|
1 786
+2%
|
1 820
+2%
|
1 779
-2%
|
1 948
+9%
|
1 879
-4%
|
1 964
+5%
|
2 007
+2%
|
2 018
+1%
|
2 113
+5%
|
1 946
-8%
|
2 011
+3%
|
2 135
+6%
|
2 205
+3%
|
2 240
+2%
|
2 448
+9%
|
2 466
+1%
|
2 543
+3%
|
2 628
+3%
|
2 236
-15%
|
1 908
-15%
|
1 605
-16%
|
1 563
-3%
|
1 690
+8%
|
2 032
+20%
|
2 159
+6%
|
2 175
+1%
|
1 734
-20%
|
1 522
-12%
|
1 472
-3%
|
1 047
-29%
|
1 274
+22%
|
1 736
+36%
|
1 905
+10%
|
1 856
-3%
|
|
EPS (Diluted) |
0.14
N/A
|
0.16
+14%
|
0.19
+19%
|
0.2
+5%
|
0.21
+5%
|
0.23
+10%
|
0.22
-4%
|
0.22
N/A
|
0.22
N/A
|
0.22
N/A
|
0.24
+9%
|
0.23
-4%
|
0.25
+9%
|
0.25
N/A
|
0.25
N/A
|
0.26
+4%
|
0.23
-12%
|
0.24
+4%
|
0.26
+8%
|
0.26
N/A
|
0.27
+4%
|
0.29
+7%
|
0.28
-3%
|
0.25
-11%
|
0.28
+12%
|
0.23
-18%
|
0.19
-17%
|
0.17
-11%
|
0.16
-6%
|
0.17
+6%
|
0.2
+18%
|
0.22
+10%
|
0.22
N/A
|
0.17
-23%
|
0.16
-6%
|
0.15
-6%
|
0.1
-33%
|
0.13
+30%
|
0.17
+31%
|
0.19
+12%
|
0.18
-5%
|