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Jon CoxInvestor Relations, BT
Evolution of the Annual Report30 September 2015
© British Telecommunications plc
Context
• We have one of the largest share registers in the UK, with many retail shareholders, who are also our customers
• The Annual Report is much more than a compliance document…
• … It’s an opportunity for us to communicate better
• Balancing the needs of retail shareholders with analysts and institutional investors
• Just one element in a suite of communication tools
© British Telecommunications plc
Our approach
• Combined Annual Report and Form 20-F• Multi-format
• online, PDF, smart PDF, print, plus accessible options
• one content source file
• An integrated Annual Report but with a separate, ‘Delivering our purpose’ report
• Strong alignment with corporate brand and website
• Willing to be challenged by the designers• Willing to act upon feedback/analytics
© British Telecommunications plc
Looking back 3-4 years
• Introduction of richer media– e.g. video messages from the
Chairman, CEO and CFO
• Introduction of theme-based ‘case-studies’
– (see timeline)
• Html version of the full printed document dropped in favour of a ‘slimmed down’ summary version
Looking ahead
• More of the same …
• … but we'll keep listening to audience feedback
• More video and animation (if/when appropriate)
• More social media?
• No 'app' for the time being
2015201420132012
Timeline
Our strategy 2012 Olympics Our purpose InnovationTheme:
Latest
• ‘Mobile first‘
• Integrated report prompts interactive business model
• More videos and animations
© British Telecommunications plc
Lessons learnt
• Know your audience• Trust your designers and your
production team• If it ain’t broke, don’t fix it• Act on feedback and analytics• Re-use assets to maximise value
and ensure consistency of messaging/disclosure
2010 2011 2012 2013 2014 2015
BT ARA 2015 Innovation brochure
• Having an iconic landmark in your property portfolio can be very handy when it comes to cover photography…