BT GROUP PLC financials
BT GROUP PLC
Country: GB Reporting currency: GBP Latest annual report: 2026-03-31
LEI:
213800LRO7NS5CYQMN21 Financial statements
(GBP, as reported — unscaled; 119 line items across 2 annual periods)
| Line item | 2026 | 2025 |
|---|---|---|
| Income statement | ||
| Revenue | £19.65B | £20.36B |
| Operating expenses | £16.76B | £17.87B |
| Operating profit (EBIT) | £2.90B | £2.49B |
| Net finance income / (cost) | -£1.25B | -£1.15B |
| Finance costs | £1.40B | £1.30B |
| Profit before tax | £1.44B | £1.33B |
| Income tax expense | £359.0M | £280.0M |
| Profit for the year | £1.08B | £1.05B |
| Total comprehensive income | £342.0M | £1.23B |
| Per share | ||
| Basic EPS | £0.11 | £0.11 |
| Diluted EPS | £0.11 | £0.11 |
| Free cash flow / share | £0.19 | £0.21 |
| Cash flow statement | ||
| Cash generated from operations | £7.09B | £6.95B |
| Net cash from operating activities | £7.03B | £6.99B |
| Net cash from investing activities | -£3.77B | -£5.01B |
| Net cash from financing activities | -£3.11B | -£2.11B |
| Dividends paid | £807.0M | £788.0M |
| Proceeds from borrowings | £1.84B | £2.55B |
| Repayments of borrowings | £2.35B | £2.10B |
| Lease liability payments | £731.0M | £739.0M |
| Net change in cash | £152.0M | -£133.0M |
| Balance sheet | ||
| Non-current assets | £42.86B | £42.61B |
| Property, plant & equipment | £24.65B | £23.38B |
| Right-of-use assets | £3.03B | £3.33B |
| Intangible assets & goodwill | £7.30B | £7.31B |
| Current assets | £7.12B | £8.37B |
| Inventories | £366.0M | £331.0M |
| Trade & other receivables | £3.12B | £3.11B |
| Cash & equivalents | £359.0M | £216.0M |
| Total equity | £12.56B | £12.91B |
| Non-current liabilities | £29.00B | £27.79B |
| Long-term borrowings | £18.12B | £16.67B |
| Lease liabilities (non-current) | £3.40B | £3.87B |
| Current liabilities | £8.41B | £10.29B |
| Short-term borrowings | £420.0M | £2.09B |
| Lease liabilities (current) | £779.0M | £705.0M |
| Trade & other payables | £5.89B | £5.96B |
| Deferred tax liabilities | £1.97B | £1.72B |
| Derived metrics | ||
| Free cash flow | £1.86B | £2.05B |
| Operating margin | 14.7% | 12.2% |
| Net margin | 5.5% | 5.2% |
| Return on equity | 8.6% | 8.2% |
| Cash conversion ratio | 6.53× | 6.63× |
| Capex coverage | 1.36× | 1.42× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -£35.0M | £78.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -£20.0M | £235.0M |
| Adjustments For Depreciation and Amortisation Expense | £4.91B | £4.98B |
| Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates | £30.0M | £0 |
| Adjustments For Increase Decrease In Contract Liabilities | £77.0M | £99.0M |
| Adjustments For Increase Decrease In Other Liabilities | -£802.0M | -£924.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | £28.0M | -£386.0M |
| Adjustments For Provisions | -£65.0M | -£51.0M |
| Assets Less Current Liabilities | £41.57B | £40.70B |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £356.0M | £214.0M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £125.0M | £25.0M |
| Consideration Paid Received | £178.0M | — |
| Current Contract Assets | £1.01B | £1.19B |
| Current Contract Liabilities | £963.0M | £899.0M |
| Current Derivative Financial Assets | £68.0M | £130.0M |
| Current Derivative Financial Liabilities | £85.0M | £106.0M |
| Current Investments | £1.48B | £2.63B |
| Current Provisions | £201.0M | £258.0M |
| Current Tax Assets | £433.0M | £355.0M |
| Current Tax Liabilities | £66.0M | £82.0M |
| Decrease Increase Through Tax On Sharebased Payment Transactions | -£25.0M | -£18.0M |
| Deferred Tax Assets | £1.12B | £959.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | £581.0M | — |
| Dividends Received From Investments Accounted For Using Equity Method Classified As Investing Activities | £15.0M | £4.0M |
| Dividends Recognised As Distributions To Owners Per Share | £0.06 | £0.06 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£10.0M | -£9.0M |
| Finance Income | £146.0M | £151.0M |
| Foreign Exchange Gain | £17.0M | £0 |
| Gains Losses On Cash Flow Hedges Before Tax | -£161.0M | -£105.0M |
| Impairment Loss Recognised In Profit Or Loss Trade Receivables | £146.0M | £171.0M |
| Income Tax Relating To Components of Other Comprehensive Income | £209.0M | -£78.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -£41.0M | £56.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -£168.0M | £22.0M |
| Income Taxes Paid Refund Classified As Operating Activities | £58.0M | -£35.0M |
| Increase Decrease Through Sharebased Payment Transactions | £49.0M | £62.0M |
| Increase Decrease Through Transfers and Other Changes Equity | -£1.0M | -£1.0M |
| Intangible Assets Other Than Goodwill | £4.66B | £5.12B |
| Interest Paid Classified As Financing Activities | £1.03B | £956.0M |
| Interest Received Classified As Investing Activities | £96.0M | £132.0M |
| Investment Accounted For Using Equity Method | £4.0M | £252.0M |
| Issued Capital | £499.0M | £499.0M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | £0 | £188.0M |
| Merger Reserve | £998.0M | £998.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | £0 | £245.0M |
| Noncurrent Contract Assets | £382.0M | £306.0M |
| Noncurrent Contract Liabilities | £274.0M | £257.0M |
| Noncurrent Derivative Financial Assets | £830.0M | £904.0M |
| Noncurrent Derivative Financial Liabilities | £313.0M | £391.0M |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | £20.0M | £17.0M |
| Noncurrent Provisions | £370.0M | £382.0M |
| Noncurrent Receivables | £681.0M | £655.0M |
| Noncurrent Recognised Assets Defined Benefit Plan | £170.0M | £142.0M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £4.38B | £4.23B |
| Number of Shares Issued | 9968.1M | 9968.1M |
| Other Adjustments For Noncash Items | £35.0M | £130.0M |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | £99.0M | £0 |
| Other Comprehensive Income | -£735.0M | £173.0M |
| Other Comprehensive Income Before Tax | -£922.0M | -£78.0M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -£39.0M | -£50.0M |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | £3.0M | -£6.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£736.0M | £88.0M |
| Other Noncurrent Payables | £177.0M | £276.0M |
| Other Reserves | £650.0M | £828.0M |
| Par Value Per Share | £0.05 | £0.05 |
| Payments To Acquire Or Redeem Entitys Shares | £126.0M | £79.0M |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | £40.0M | £36.0M |
| Proceeds From Exercise of Options | £96.0M | £6.0M |
| Proceeds From Government Grants Classified As Investing Activities | £90.0M | £98.0M |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | £5.17B | £4.94B |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | £22.0M | -£329.0M |
| Retained Earnings | £9.55B | £9.91B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | £11.0M | -£5.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -£210.0M | -£8.0M |
| Share Premium | £1.05B | £1.05B |
| Treasury Shares | £188.0M | £378.0M |
Methodology
Every line item above is a fact tagged in BT GROUP PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.