Discussion points
1 How does the summary statement of financial position (balance sheet) reflect the accounting equation?
2 To what extent is the statement of financial position reflected in 'Who we are and what we do'?

Who we are and what we do
- We are one of the world's leading communications services companies
- We are the leading provider of consumer voice and broadband services in the UK
- We are Europe's largest telecoms services wholesaler by revenue
- We provide networked IT services for some of the largest companies in the world
- In the UK we are delivering one of the fastest privately funded roll-outs of fibre broadband in the world
- Every day we touch the lives of millions of people, helping them communicate, do business and be entertained and informed

Transcribed Image Text:

BT Group plc Summary group balance sheet Year ended 31 March Property, plant and equipment Other non-current assets Current assets Current liabilities Non-current liabilities Parent shareholders' equity Non-controlling interests 2012 m 14,388 5,029 4,531 (9,255) 14,693 13,385 1,297 11 14,693 2011 m 14,623 2 4,986 3,931 (7,031) 16,509 14,558 1,925 26 16,509 S