cash flow - money flowing back from BBC Worldwide to the
BBC - reached a record £81 million. BBC cash flow
minus exceptional profits rose 35% from £54 million
in 1997/98 to £73 million in 1998/99.
profit of £12 million contrasts with a loss of £7
million last year, while profit before tax, which includes
exceptional profits, rose by 67%.
Worldwide and its partners reinvested £55 million
in television production - including BBC and independent
after exceptional items prior to investment in our global
news channel, BBC WORLD, is £36 million.
reached a record £446 million, of which television
sales represented £135 million (a further rise of
7% on last year)