2008 Financial Year Compared to the 2007 Financial Year
Europe
|
Germany |
Italy |
Spain |
UK |
Arcor |
Other |
Eliminations |
Europe |
% change |
|
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£ |
Organic |
Year ended 31 March 2008 |
|
|
|
|
|
|
|
|
|
|
Voice revenue(1) |
3,791 |
3,169 |
3,792 |
3,601 |
10 |
3,408 |
(286) |
17,485 |
|
|
Messaging revenue |
710 |
689 |
425 |
923 |
1 |
547 |
(33) |
3,262 |
|
|
Data revenue |
583 |
274 |
341 |
383 |
– |
291 |
(45) |
1,827 |
|
|
Fixed line revenue(1) |
21 |
137 |
86 |
24 |
1,596 |
49 |
(86) |
1,827 |
|
|
Other service revenue |
2 |
4 |
2 |
21 |
– |
– |
– |
29 |
|
|
Service revenue |
5,107 |
4,273 |
4,646 |
4,952 |
1,607 |
4,295 |
(450) |
24,430 |
6.3 |
2.1 |
Acquisition revenue |
178 |
129 |
268 |
300 |
25 |
142 |
(3) |
1,039 |
|
|
Retention revenue |
43 |
27 |
143 |
46 |
– |
96 |
– |
355 |
|
|
Other revenue |
69 |
6 |
6 |
126 |
– |
50 |
– |
257 |
|
|
Revenue |
5,397 |
4,435 |
5,063 |
5,424 |
1,632 |
4,583 |
(453) |
26,081 |
6.1 |
2.0 |
Interconnect costs |
(593) |
(725) |
(719) |
(1,121) |
(382) |
(854) |
414 |
(3,980) |
|
|
Other direct costs |
(312) |
(238) |
(418) |
(484) |
(353) |
(283) |
24 |
(2,064) |
|
|
Acquisition costs |
(627) |
(325) |
(620) |
(766) |
(166) |
(378) |
10 |
(2,872) |
|
|
Retention costs |
(384) |
(106) |
(536) |
(389) |
– |
(341) |
– |
(1,756) |
|
|
Operating expenses |
(1,139) |
(883) |
(964) |
(1,233) |
(406) |
(1,099) |
5 |
(5,719) |
|
|
Acquired intangibles amortisation |
– |
(31) |
(14) |
(22) |
– |
(11) |
– |
(78) |
|
|
Purchased licence amortisation |
(354) |
(80) |
(6) |
(333) |
– |
(73) |
– |
(846) |
|
|
Depreciation and other amortisation |
(723) |
(474) |
(504) |
(645) |
(100) |
(539) |
– |
(2,985) |
|
|
Share of result in associates(2) |
– |
– |
– |
– |
– |
425 |
– |
425 |
|
|
Adjusted operating profit |
1,265 |
1,573 |
1,282 |
431 |
225 |
1,430 |
– |
6,206 |
0.8 |
(1.5) |
|
|
|
|
|
|
|
|
|
|
|
Year ended 31 March 2007 |
|
|
|
|
|
|
|
|
|
|
Voice revenue(1) |
3,981 |
3,307 |
3,415 |
3,604 |
– |
3,297 |
(343) |
17,261 |
|
|
Messaging revenue |
746 |
563 |
380 |
760 |
– |
501 |
(25) |
2,925 |
|
|
Data revenue |
413 |
189 |
247 |
295 |
– |
194 |
(38) |
1,300 |
|
|
Fixed line revenue(1) |
15 |
22 |
20 |
17 |
1,419 |
26 |
(26) |
1,493 |
|
|
Other service revenue |
1 |
2 |
– |
5 |
– |
– |
– |
8 |
|
|
Service revenue |
5,156 |
4,083 |
4,062 |
4,681 |
1,419 |
4,018 |
(432) |
22,987 |
|
|
Acquisition revenue |
172 |
124 |
307 |
274 |
22 |
108 |
(3) |
1,004 |
|
|
Retention revenue |
40 |
36 |
124 |
52 |
– |
102 |
– |
354 |
|
|
Other revenue |
75 |
2 |
7 |
117 |
– |
47 |
(1) |
247 |
|
|
Revenue |
5,443 |
4,245 |
4,500 |
5,124 |
1,441 |
4,275 |
(436) |
24,592 |
|
|
Interconnect costs |
(645) |
(628) |
(675) |
(1,001) |
(338) |
(813) |
432 |
(3,668) |
|
|
Other direct costs |
(332) |
(242) |
(352) |
(452) |
(262) |
(275) |
1 |
(1,914) |
|
|
Acquisition costs |
(560) |
(249) |
(642) |
(677) |
(178) |
(301) |
3 |
(2,604) |
|
|
Retention costs |
(351) |
(107) |
(398) |
(372) |
– |
(315) |
– |
(1,543) |
|
|
Operating expenses |
(1,126) |
(870) |
(866) |
(1,163) |
(396) |
(1,041) |
– |
(5,462) |
|
|
Acquired intangibles amortisation |
– |
– |
– |
(11) |
– |
(11) |
– |
(22) |
|
|
Purchased licence amortisation |
(340) |
(75) |
(37) |
(333) |
– |
(64) |
– |
(849) |
|
|
Depreciation and other amortisation |
(735) |
(499) |
(430) |
(604) |
(96) |
(524) |
– |
(2,888) |
|
|
Share of result in associates(2) |
– |
– |
– |
– |
– |
517 |
– |
517 |
|
|
Adjusted operating profit |
1,354 |
1,575 |
1,100 |
511 |
171 |
1,448 |
– |
6,159 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Change at constant exchange rates |
% |
% |
% |
% |
% |
% |
|
|
|
|
Voice revenue(1) |
(8.3) |
(7.9) |
6.6 |
(0.1) |
– |
(0.6) |
|
|
|
|
Messaging revenue |
(8.7) |
17.2 |
7.3 |
21.4 |
– |
4.7 |
|
|
|
|
Data revenue |
34.7 |
38.8 |
32.2 |
29.8 |
– |
44.0 |
|
|
|
|
Fixed line revenue(1) |
38.6 |
489.7 |
318.5 |
41.2 |
7.7 |
73.0 |
|
|
|
|
Other service revenue |
63.6 |
104.8 |
– |
320.0 |
– |
– |
|
|
|
|
Service revenue |
(4.8) |
0.6 |
9.7 |
5.8 |
8.5 |
2.7 |
|
|
|
|
Acquisition revenue |
(0.4) |
(0.5) |
(15.5) |
9.5 |
9.1 |
26.9 |
|
|
|
|
Retention revenue |
0.9 |
(27.0) |
10.9 |
(11.5) |
– |
(9.0) |
|
|
|
|
Other revenue |
(10.2) |
250.0 |
(22.7) |
7.7 |
– |
2.1 |
|
|
|
|
Revenue |
(4.7) |
0.4 |
8.0 |
5.9 |
8.5 |
3.0 |
|
|
|
|
Interconnect costs |
(11.2) |
10.9 |
2.4 |
12.0 |
8.7 |
0.8 |
|
|
|
|
Other direct costs |
(10.1) |
(6.1) |
13.6 |
7.1 |
27.2 |
(2.2) |
|
|
|
|
Acquisition costs |
7.6 |
24.5 |
(7.1) |
13.1 |
(10.0) |
21.0 |
|
|
|
|
Retention costs |
5.1 |
(3.4) |
28.7 |
4.6 |
– |
3.8 |
|
|
|
|
Operating expenses |
(2.7) |
(2.6) |
6.8 |
6.0 |
(1.1) |
1.3 |
|
|
|
|
Acquired intangibles amortisation |
– |
– |
– |
100.0 |
– |
– |
|
|
|
|
Purchased licence amortisation |
– |
2.6 |
(88.9) |
– |
– |
9.0 |
|
|
|
|
Depreciation and other amortisation |
(6.0) |
(8.8) |
16.1 |
6.8 |
(1.0) |
(0.7) |
|
|
|
|
Share of result in associates(2) |
– |
– |
– |
– |
– |
(20.7) |
|
|
|
|
Adjusted operating profit |
(10.1) |
(3.8) |
12.2 |
(15.7) |
25.5 |
(4.7) |
|
|
|
|