Vodafone 2024 Annual Report

167 Vodafone Group Plc Annual Report 2024 167

Strategic report

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Vodafone Group Plc Annual Report 2024

Assets held for sale Assets and liabilities relating to Vodafone Spain and Vodafone Italy have been classified as held for sale in the consolidated statement of financial position at 31 March 2024. The relevant assets and liabilities are detailed in the table below. Vodafone Spain Vodafone Italy Total €m €m €m Non-current assets Goodwill – 2,398 2,398 Other intangible assets 987 3,331 4,318 Property, plant and equipment 4,957 4,307 9,264 Other investments 2 – 2 Deferred tax assets – 461 461 Trade and other receivables 223 167 390 6,169 10,664 16,833 Current assets Inventory 39 134 173 Taxation recoverable – 77 77 Trade and other receivables 805 1,117 1,922 Cash and cash equivalents 13 29 42 857 1,357 2,214 Assets held for sale 7,026 12,021 19,047 Non-current liabilities Borrowings 878 1,509 2,387 Deferred tax liabilities 3 – 3 Post employment benefits – 45 45 Provisions 158 115 273 Trade and other payables 43 120 163 1,082 1,789 2,871 Current liabilities Borrowings 346 673 1,019 Taxation liabilities – 12 12 Provisions 23 67 90 Trade and other payables 1,203 1,723 2,926 1,572 2,475 4,047 Liabilities held for sale 2,654 4,264 6,918

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