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 November 2007
2 November 2007
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
EXHIBIT INDEX
Exhibit
EXHIBIT NO. 1 Press release of British Sky Broadcasting Group plc
announcing US Accounting Release released on
2 November 2007
This report is incorporated by reference in the prospectus contained in the
Registration Statements on Form F-3 (SEC File No.333-08246) and Form F-3/S-3
(SEC File No.333-106837) filed by the Registrant under the Securities Act of
1933.
Consolidated Income Statement for the three months ended 30 September 2007
2007/08 2006/07
Three months Three months
ended ended
30 September 30 September
GBPm GBPm
Notes (unaudited) (unaudited)
Revenue 1 1,185 1,071
Operating expense 2 (1,042) (891)
Operating profit 143 180
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Share of results from joint ventures and associates 3 2
Investment income 15 14
Finance costs (40) (30)
Profit before tax 121 166
------------------------------------------------------------ ----------------- ---------------------------- -----------------------
Taxation (37) (50)
Profit for the period 84 116
------------------------------------------------------------ ----------------- ---------------------------- -----------------------
Earnings per share from profit for the period (in pence)
Basic 4.8p 6.5p
Diluted 4.8p 6.5p
1. Revenue
2007/08 2006/07
Three months Three months
ended ended
30 September 30 September
GBPm GBPm
(unaudited) (unaudited)
Retail subscription 898 799
Wholesale subscription 43 53
Advertising 78 78
Sky Bet 11 10
Installation, hardware and service 73 50
Other 82 81
1,185 1,071
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2. Operating expense
2007/08 2006/07
Three months Three months
ended ended
30 September 30 September
GBPm GBPm
(unaudited) (unaudited)
Programming 403 393
Transmission and related functions 120 84
Marketing 196 161
Subscriber management 186 151
Administration 137 102
1,042 891
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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 Easynet Enterprise, Sky Active and technical platform
service revenue.
----------------------- --- ------------------- ------------------- ------------------- ------------------- --------------------
Three months to Separate
30 September 2006 installation, Three months to 30
as previously Transfer of Sky hardware and September 2006
reported Active service Other Re-analysed
GBP million GBP million GBP million GBP million GBP million
(unaudited) (unaudited) (unaudited) (unaudited) (unaudited)
----------------------- --- ------------------- ------------------- ------------------- ------------------- --------------------
Retail Subscription 792 7 799
Wholesale Subscription 53 53
Advertising 78 78
Sky Bet 10 10
Sky Active 22 (22) -
Installation,
Hardware and Service - 50 50
Other 116 22 (50) (7) 81
1,071 - - - 1,071
----------------------- --- ------------------- ------------------- ------------------- ------------------- --------------------
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: 2 November 2007 By: /s/ Dave Gormley
Dave Gormley
Company Secretary