FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
the Securities Exchange Act of 1934
For the month of October 2009
23 October 2009
BRITISH SKY BROADCASTING GROUP PLC
(Name of Registrant)
Grant Way, Isleworth, Middlesex, TW7 5QD England
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F
Form 20-F X Form 40-F
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): Not Applicable
This Report is incorporated by reference in the prospectus contained in Registration Statements on
Form F-3 (SEC File No. 333-08246), Form F-3/S-3 (SEC File No. 333-106837)
and Form F-3/S-3 (SEC File No. 333-120775) filed by the Registrant under the Securities Act of 1933.
EXHIBIT INDEX
Exhibit
1. Press release of British Sky Broadcasting Group plc announcing 6-K Accounting Release released on 23 October 2009
Consolidated Income Statement for the three months ended 30 September 2009 |
|||
|
Notes |
2009/10 |
2008/09 |
Three months |
Three months |
||
ended |
ended |
||
30 September |
30 September |
||
£m |
£m |
||
(unaudited) |
(unaudited) |
||
|
|
|
|
Revenue |
1 |
1,380 |
1,249 |
Operating expense |
2 |
(1,182) |
(1,070) |
Operating profit |
198 |
179 |
|
|
|
|
|
Share of results of joint ventures and associates |
6 |
4 |
|
Investment income |
1 |
19 |
|
Finance costs |
(25) |
(49) |
|
Impairment of available-for-sale investment |
- |
(24) |
|
Profit before tax |
180 |
129 |
|
|
|
|
|
Taxation |
|
(52) |
(56) |
Profit for the period |
128 |
73 |
|
|
|
|
|
Earnings per share from profit for the period (in pence) |
|
|
|
Basic |
7.4 |
4.2 |
|
Diluted |
7.3 |
4.2 |
|
Notes: |
||||
1. Revenue |
||||
|
|
2009/10 |
2008/09 |
|
Three months |
Three months |
|||
ended |
ended |
|||
30 September |
30 September |
|||
£m |
£m |
|||
(unaudited) |
(unaudited) |
|||
|
|
|
|
|
Retail subscription |
1,115 |
971 |
||
Wholesale subscription |
55 |
43 |
||
Advertising |
|
65 |
68 |
|
Easynet |
|
50 |
47 |
|
Installation, hardware and service |
46 |
61 |
||
Other |
|
49 |
59 |
|
|
|
1,380 |
1,249 |
|
2. Operating expense |
||||
|
|
2009/10 |
2008/09 |
|
Three months |
Three months |
|||
ended |
ended |
|||
30 September |
30 September |
|||
£m |
£m |
|||
(unaudited) |
(unaudited) |
|||
|
|
|
|
|
Programming |
|
439 |
406 |
|
Transmission, technology and networks |
|
207 |
168 |
|
Marketing |
|
245 |
208 |
|
Subscriber management and supply chain |
|
162 |
155 |
|
Administration |
|
129 |
133 |
|
|
|
1,182 |
1,070 |
Re-analysis of reported revenue by category
To provide a more relevant presentation, management has chosen to re-analyse the revenue categories from those previously reported. Other revenue now principally includes income from Sky Bet, technical platform service revenue and our online portal.
Three months to 30 September 2009 |
Transfer of Sky Bet |
Separate Easynet |
Three months to Re-analysed |
||
£ million |
£ million |
£ million |
£ million |
||
(unaudited) |
(unaudited) |
(unaudited) |
(unaudited) |
||
Retail Subscription |
1,117 |
(2) |
1,115 |
||
Wholesale Subscription |
55 |
55 |
|||
Advertising |
65 |
65 |
|||
Sky Bet |
11 |
(11) |
- |
||
Easynet |
- |
50 |
50 |
||
Installation, hardware and service |
46 |
46 |
|||
Other |
86 |
11 |
(48) |
49 |
|
1,380 |
- |
- |
1,380 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BRITISH SKY BROADCASTING GROUP PLC
Date: 23 October
2009 By:
/s/ Dave Gormley
Dave Gormley
Company Secretary