Vodafone 2024 Annual Report

151 Vodafone Group Plc Annual Report 2024 151

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Vodafone Group Plc Annual Report 2024

Segmental assets The tables below present the segmental assets for the year ended 31 March 2024 and for the comparative years ended 31 March 2023 and 31 March 2022. Non-current Capital Right-of-use Other additions to Depreciation and Impairment 31 March 2024 assets 1 additions 2 asset additions intangible assets 3 amortisation reversal 6 €m €m €m €m €m €m Germany 42,931 2,565 1,045 – 4,543 – UK 6,863 878 957 – 1,733 – Other Europe 7,564 862 442 – 1,447 – Africa 6,377 1,005 296 163 1,184 – Turkey 1,644 320 160 120 537 (64) Common Functions 1,972 782 203 – 970 – Group 67,351 6,412 3,103 283 10,414 (64)

Depreciation and

Non-current assets 1 43,878 €m 10,235 6,629 6,331 7,815 6,796 1,502 2,013 – 85,199 Non-current assets 1 43,190 €m 10,519 6,226 6,433 8,548 7,991 859 8,179 2,103 94,048

Capital additions 2 2,701 €m

Right-of-use Other additions to asset additions intangible assets 3

amortisation Impairment loss

31 March 2023 Re-presented 4

€m

€m

€m

€m

Germany

2,145 916 1,639 742 1,104 246 150 318 127 7,387

2 5 – 8 9 – –

4,154 1,562 1,363 1,311 546 326 – – 993

– – – – – – – –

Italy UK Spain

833 892 565 927

Other Europe

151 264

Africa 5 Turkey 6

1,122 235 551 839 8,665 Capital additions 2 2,670 €m

64

Vantage Towers Common Functions

Group

439

10,255 Depreciation and

64

Right-of-use Other additions to asset additions intangible assets 3

amortisation Impairment loss

31 March 2022 Re-presented 4

€m

€m

€m

€m

Germany

795 670 580 422 502 216 200 320

3,981 1,905 1,511 1,219 299 523 – – 979

– – – – – – – – –

Italy UK Spain

840 832 676

255 229 291 126

Other Europe

1,009 1,136 247 366 844 8,620

Africa 5 Turkey 6

– – – –

Vantage Towers Common Functions

123 3,828

Group

901

10,417

Notes: 1 Comprises goodwill, other intangible assets and property, plant and equipment. 2 Includes additions to: (i) property, plant and equipment (excluding right-of-use assets) and (ii) computer software, development costs and in relation to identifiable wavelengths, reported within Intangible assets. 3 Includes additions to licences and spectrum and customer base acquisitions. 4 The results for the years ended 31 March 2023 and 31 March 2022 have been re-presented to reflect that the results of Vodafone Spain and Vodafone Italy are now reported as discontinued operations. See note 7 ‘Discontinued operations and assets held for sale’ for more information. 5 From 1 April 2023, the Group revised its segmental reporting by moving Vodafone Egypt to the Africa segment. The comparatives have been re-presented on the new basis of segmental reporting. There is no impact on previously reported Group metrics. 6 The Turkey segment comprises only Vodafone Turkey in the year ended 31 March 2024. In the comparative years, the segment was named Other markets and also included the results of Vodafone Ghana which, as previously reported, was sold in February 2023 and an impairment charge in respect of the Group’s carrying value of Indus Towers Limited during the year ended 31 March 2023 and reversed during the year ended 31 March 2024. See note 4 ‘Impairment losses’ for more information.

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