BSkyB achieves 5 million dth subscriber target early as the company reports 5,051,000 dth subscribers as at 31 December 2000

Consolidated profit and loss account for the half year ended 31 December 2000

			Before goodwill and exceptional items				Goodwill and exceptional items				2000/2001 Half year Total				1999/2000 Half year Total		1999/2000 Full year Total
			Notes	£m			£m				£m				£m		£m
			(unaudited)				(unaudited)				(unaudited)				(unaudited)		(audited)
Turnover: Group and share of joint ventures			1,188.0				-				1,188.0				874.6		1,934.7
Less: share of joint ventures’ turnover			(102.0)				-				(102.0)				(24.9)		(87.7)
Group turnover			2	1,086.0			-				1,086.0				849.7		1,847.0
Operating expenses, net			3	(1,035.4)			(17.9)				(1,053.3)				(821.9)		(1,866.7)
Operating profit (loss)			50.6				(17.9)				32.7				27.8		(19.7)
Share of operating results of joint ventures			4	(98.6)			-				(98.6)				(51.9)		(121.3)
Joint ventures’ goodwill amortisation			-				(36.2)				(36.2)				-		(14.4)
Loss on sale of fixed asset investments			-				-				-				(1.4)		(1.4)
Share of joint venture’s loss on sale of fixed asset investment			9	-			(69.5)				(69.5)				-		(14.0)
Amounts written off investments			9	-			(24.5)				(24.5)				-		-
Loss on ordinary activities before interest and taxation			(48.0)				(148.1)				(196.1)				(25.5)		(170.8)
Interest receivable and similar income			10.0				-				10.0				5.4		10.7
Interest payable and similar charges				(74.1)			-				(74.1)				(41.4)		(102.6)
Loss on ordinary activities before taxation			(112.1)				(148.1)				(260.2)				(61.5)		(262.7)
Taxation			5	0.1			-				0.1				12.9		(8.8)
Loss on ordinary activities after taxation			(112.0)				(148.1)				(260.1)				(48.6)		(271.5)
Equity dividends – paid and proposed			6	-			-				-				-		-
Retained loss			11	(112.0)			(148.1)				(260.1)				(48.6)		(271.5)
Loss per share - basic and diluted			7	(6.1p)			(8.0p)				(14.1p)				(2.8p)		(15.6p)
EBITDA (before exceptional items)			13	77.7											50.0		137.2
Consolidated statement of total recognised gains and losses for the half year ended 31 December 2000
										2000/2001	1999/2000				1999/2000
																	Half year		Half year				Full year
										Notes			£m		£m				£m
													(unaudited)		(unaudited)				(audited)
	Loss for the period					11			(260.1)		(48.6)				(271.5)
		Net loss on deemed disposals									11			(20.6)		-				-
	Translation differences on foreign currency net investment									11			3.2		-				4.1
	Total gains and losses relating to the year								(277.5)		(48.6)				(267.4)