1、Annual Report&Form 20-F 2008Keeping BT ahead of the gameBT Group plc Annual Report&Form 20-F 2008BT Group plc Annual Report&Form 20-F 2 Strategicandperformancereview 4 Ourbusinessinbrief 6Chairmansmessage 8ChiefExecutivesstatement 11Businessreview 37 Financialreview 58Corporategovernance 84 Statemen
2、tofdirectorsresponsibilities 85 Reportoftheindependentauditorsconsolidatedfinancialstatements 88Consolidatedfinancialstatements139GlossaryoftermsandUSequivalents140 Reportoftheindependentauditorsparentcompany141FinancialstatementsofBTGroupplc144Subsidiaryundertakingsandassociate145 Quarterlyanalysis
3、ofrevenueandprofit146Selectedfinancialdata150Financialstatistics152Operationalstatistics154Informationforshareholders165CrossreferencetoForm20-F168Glossaryofterms171IndexOverviewReport of the DirectorsFinancial statementsWelcome to our 2008 Annual Report.We have divided the report into four sections
4、:Overview:this section contains a summary of the strategy,performance and activities of the group as well as messages from your Chairman and Chief ExecutiveReport of the Directors:this section provides detailed information about what the businesses within BT do and their financial performance in the
5、 year.The section also gives details of BTs commitment to the wider community and how we govern ourselvesFinancial statements:this section includes the consolidated financial statements,the notes to the financial statements and other useful summary financial information and operational statisticsAdd
6、itional information:this section provides helpful information for shareholders and a glossary and index to make this report easier to navigateBTGroupplcisapubliclimitedcompanyregisteredinEnglandandWalesandlistedontheLondonandNewYorkstockexchanges.ItwasincorporatedinEnglandandWaleson30March2001asNewg