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Annual Review 2003/04
 
 
Measuring our performance

Revenue Earning

These figures refer to gross revenue - not net profit. They reflect the additional revenue generated by World Service Broadcasting from sources other than the Foreign and Commonwealth Office Grant-in-Aid. They also include income generated by the BBC World Service Trust, a charitable company associated with BBC World Service. The BBC World Service Trust is not included within the financial statements of BBC World Service.

  2002/03
Actual
£m
2003/04
Target
£m
2003/04
Actual
£m
BBC World Service 4.7 4.1 4.3
BBC World Service Trust 6.5 8.5 10.2
Total 11.2 12.6 14.5

The BBC World Service Trust figures exclude grants receivable from BBC World Service.

These figures exclude any quantification of benefits in kind, for example gaining rebroadcasting agreements with local partners around the world, which increase BBC World Service's audience reach at no additional cost.

The BBC World Service figure includes turnover from the BBC World Service shop of £0.7million (2002/03 £0.7 million). The shop is operated by another BBC division and therefore this income does not appear in the BBC World Service financial statements.

Measuring our performance
Revenue Earning
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