BT Regulatory News (BT.A)

Thursday 21 May 2015

BT Group plc

Annual Financial Report

Annual Report & Form 20-F 2015

Notice of meeting 2015

Following release on 7 May 2015 of its final results for the fourth quarter and year to 31 March 2015 (the Results Announcement), BT announces that the above documents have been published today and are available on its website at www.bt.com/annualreport 

Copies of these documents, together with the proxy form for theBT Annual General Meeting, have been submitted to the National Storage Mechanism and are available for inspection at http://www.morningstar.co.uk/uk/NSM

For the purposes of complying with the FCA's Disclosure and Transparency Rules, additional information including certain information in the BT Annual Report & Form 20-F 2015 (the Annual Report) is set out below.

Additional Information required by Disclosure and Transparency Rule (DTR) 6.3.5

The following information, which is extracted from the Annual Report should be read in conjunction with the Results Announcement which includes a condensed set of consolidated financial statements, an indication of the important events that have occurred in the reporting period, and a description of BT's principal risks and uncertainties. Together these constitute the material required by DTR 6.3.5 to be communicated to the media in unedited full text through a Regulatory Information Service.

This material is not a substitute for reading the Annual Report in full and page and note numbers and cross-references in the extracted information below refer to page and note numbers and cross-references in the Annual Report. Defined terms used refer to terms as defined in the Annual Report.

"28. Related party transactions

Key management personnel comprise executive and non-executive directors and members of the Operating Committee. Compensation of key management personnel is disclosed in note 5.

5. Operating costs

Compensation of key management personnel

Key management personnel comprise executive and non-executive directors and members of the Operating Committee. Compensation of key management personnel is shown in the table below:

More detailed information concerning directors' remuneration, shareholdings, pension entitlements, share options and other long-term incentive plans is shown in the audited part of the Report on Directors' Remuneration, which forms part of the consolidated financial statements.

Amounts paid in the group's retirement benefit plans are set out in note 19."

 "Statement of Directors' responsibilities

Each of the directors, whose names and functions are listed on pages 96 to 97 confirms that, to the best of their knowledge:

· the consolidated financial statements, which have been prepared in accordance with IFRS, as adopted by the European Union, give a true and fair view of the assets, liabilities, financial position and profit of the group; and

· the Strategic Report on pages 19 to 92 includes a fair review of the development and performance of the business and the position of the group, together with a description of the principal risks and uncertainties that it faces."

ENDS