Appendix VII New shape of Vodafone reconciliation
Adjusted EBITDAaL
Adjusted FCF
( € billion)
FY24 outcome – guidance basis 1,2
13.4 (0.3) (0.1) (0.9) (1.3)
3.5 Compared to FY24 guidance of c. € 13.3bn EBITDAaL and c. € 3.3 bn Adjusted FCF (0.2) Difference between guidance FX and weighted average FX during the year in reported results
Remove Add back Remove Remove Add back
Impact of exchange rates
Turkey hyperinflationary accounting
-
Spain
(0.4) (0.5)
Italy
0.2 Income from certain central services provided to Italy & Spain (previously recognised below EBITDAaL), now recognised as income due to discontinued operations accounting.
Group Shared Operations income
0.2
FY24 reported 3
11.0 (0.3)
2.6 New perimeter of the Group excluding Italy & Spain (0.1) Difference between FY24 reported FX and FY25 guidance FX
Remove Remove Remove
Impact of exchange rates
Turkey hyperinflationary accounting
0.1
-
(0.1) Removing shared operations income relating to Spain ( € 0.1bn) that will no longer be recharged
Group Shared Operations income (relating to Spain)
(0.1) 10.7
FY24 re-based 2,3,4
2.4 1. FY24 outcome including Vodafone Spain & Vodafone Italy, based on FY24 guidance FX rates (to € ): ZAR 19.30, TRY 21.10, EGP 33.38, GBP 0.88. 2. Excluding the impact of hyperinflationary accounting in Turkey. 3. Excluding Vodafone Spain & Vodafone Italy. 4. FY24 re-based outcome based on FY25 guidance FX rates. FY25 guidance FX rates (to € ): ZAR 20.58, TRY 34.98, EGP 51.75, GBP 0.86.
FY24 results ⫶ May 2024
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