2008 Financial Year Compared to the 2007 Financial Year
EMAPA
| Middle East |
Associates | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Eastern Europe(2) |
Africa & Asia | Pacific | US | Other | Eliminations | EMAPA | % change | ||||
| £m | £m | £m | £m | £m | £m | £m | £ | Organic(2) | |||
| Year ended 31 March 2008 | |||||||||||
| Voice revenue(1) | 2,584 | 3,818 | 1,085 | (1) | 7,486 | ||||||
| Messaging revenue | 333 | 210 | 281 | – | 824 | ||||||
| Data revenue | 108 | 187 | 64 | – | 359 | ||||||
| Fixed line revenue(1) | 16 | 7 | 25 | – | 48 | ||||||
| Other service revenue | – | – | 1 | – | 1 | ||||||
| Service revenue | 3,041 | 4,222 | 1,456 | (1) | 8,718 | 46.1 | 14.4 | ||||
| Acquisition revenue | 61 | 261 | 128 | – | 450 | ||||||
| Retention revenue | 27 | 1 | 6 | – | 34 | ||||||
| Other revenue | 25 | 63 | 55 | – | 143 | ||||||
| Revenue | 3,154 | 4,547 | 1,645 | (1) | 9,345 | 45.1 | 14.5 | ||||
| Interconnect costs | (522) | (623) | (247) | 1 | (1,391) | ||||||
| Other direct costs | (445) | (625) | (284) | – | (1,354) | ||||||
| Acquisition costs | (322) | (395) | (222) | – | (939) | ||||||
| Retention costs | (97) | (103) | (59) | – | (259) | ||||||
| Operating expenses | (769) | (1,078) | (410) | – | (2,257) | ||||||
| Acquired intangibles amortisation | (223) | (425) | – | – | (648) | ||||||
| Purchased licence amortisation | (19) | (28) | (16) | – | (63) | ||||||
| Depreciation and other amortisation | (425) | (503) | (226) | – | (1,154) | ||||||
| Share of result in associates(3) | – | 2 | – | 2,447 | – | – | 2,449 | ||||
| Adjusted operating profit | 332 | 769 | 181 | 2,447 | – | – | 3,729 | 15.0 | 20.9 | ||
| Year ended 31 March 2007 | |||||||||||
| Voice revenue(1) | 2,037 | 2,098 | 942 | 5,077 | |||||||
| Messaging revenue | 271 | 142 | 254 | 667 | |||||||
| Data revenue | 70 | 26 | 42 | 138 | |||||||
| Fixed line revenue(1) | 14 | 66 | 7 | 87 | |||||||
| Service revenue | 2,392 | 2,332 | 1,245 | 5,969 | |||||||
| Acquisition revenue | 53 | 223 | 105 | 381 | |||||||
| Retention revenue | 19 | – | 2 | 21 | |||||||
| Other revenue | 13 | 10 | 47 | 70 | |||||||
| Revenue | 2,477 | 2,565 | 1,399 | 6,441 | |||||||
| Interconnect costs | (433) | (364) | (248) | (1,045) | |||||||
| Other direct costs | (314) | (246) | (224) | (784) | |||||||
| Acquisition costs | (219) | (291) | (167) | (677) | |||||||
| Retention costs | (78) | (84) | (50) | (212) | |||||||
| Operating expenses | (614) | (509) | (349) | (1,472) | |||||||
| Acquired intangibles amortisation | (285) | (105) | (2) | (392) | |||||||
| Purchased licence amortisation | (19) | (17) | (7) | (43) | |||||||
| Depreciation and other amortisation | (331) | (255) | (193) | (779) | |||||||
| Share of result in associates(3) | – | – | – | 2,077 | 130 | 2,207 | |||||
| Adjusted operating profit | 184 | 694 | 159 | 2,077 | 130 | 3,244 | |||||
| Change at constant exchange rates | % | % | % | % | % | ||||||
| Voice revenue(1) | 20.3 | 90.3 | 7.0 | ||||||||
| Messaging revenue | 13.2 | 53.8 | 2.6 | ||||||||
| Data revenue | 48.1 | 646.0 | 43.0 | ||||||||
| Fixed line revenue(1) | 16.4 | (89.9) | 201.2 | ||||||||
| Service revenue | 20.2 | 88.6 | 8.6 | ||||||||
| Acquisition revenue | 12.3 | 25.9 | 13.7 | ||||||||
| Retention revenue | 34.0 | – | 195.2 | ||||||||
| Other revenue | 80.3 | 569.1 | 7.8 | ||||||||
| Revenue | 20.5 | 85.2 | 9.2 | ||||||||
| Interconnect costs | 13.5 | 78.1 | (7.4) | ||||||||
| Other direct costs | 29.8 | 163.1 | 17.4 | ||||||||
| Acquisition costs | 36.6 | 45.7 | 24.0 | ||||||||
| Retention costs | 20.7 | 30.0 | 10.6 | ||||||||
| Operating expenses | 17.7 | 120.4 | 9.6 | ||||||||
| Acquired intangibles amortisation | (26.4) | 316.7 | (100.0) | ||||||||
| Purchased licence amortisation | (5.0) | 75.0 | 128.6 | ||||||||
| Depreciation and other amortisation | 21.1 | 104.5 | 8.1 | ||||||||
| Share of result in associates(3) | – | – | – | 24.8 | (100.0) | ||||||
| Adjusted operating profit | 93.3 | 15.3 | 4.6 | 24.8 | (100.0) | ||||||
| Notes: | |
|---|---|
| (1) | Revenue relating to fixed line activities provided by mobile operators, previously classified within voice revenue, is now presented as fixed line revenue, together with revenue from fixed line operators and fixed broadband. All prior periods have been adjusted accordingly. |
| (2) | On 1 October 2007, Romania rebased all of its tariffs and changed its functional currency from US dollars to euros. In calculating all constant exchange rate and organic metrics which include Romania, previous US dollar amounts have been translated into euros at the 1 October 2007 US$/euro exchange rate. |
| (3) | During the year ended 31 March 2008, the Group changed its organisational structure and the Group’s associated undertaking in France, SFR, is now managed within the Europe region and reported within Other Europe. The results are presented in accordance with the new organisational structure. |