Vodafone 2024 Annual Report

Notes to the consolidated financial statements (continued) 200 Vodafone Group Plc Annual Report 2024 2020 22. Capital and financial risk management (continued) Changes in assets and liabilities arising from financing activities 200 Vodafone Group Plc Annual Report 2024 Strategic report Governance

Financials

Other information

Assets and liabilities arising from financing activities

Derivative assets and liabilities

Financial liabilities under put options

Borrowings 66,390 1,533 (10,106) (1,636) €m (2,531)

Other liabilities

€m

€m

€m

€m

31 March 2023

(4,702)

485

103

62,276 1,533 (10,106) (1,636) (2,330) 144

Cash movements Proceeds from issuance of long-term borrowings Repayment of borrowings 1 Net movement in short-term borrowings Net movement in derivatives

– – –

– – – – – – – – –

– – – – – – – 1 – –

– – – –

144 272

Interest paid 1

(17)

(54)

Purchase of treasury shares

– –

Other

(493)

(493)

Non-cash movements Fair value movements Foreign exchange

2,233

2,233 2,440 3,915 (3,479) (169)

61

(231) (395)

Interest costs 2 Lease additions

2,766 3,915 (3,455)

13

56

– –

Transfer of assets and liabilities held for sale

(23)

(1)

Other

50

12

62

31 March 2024

56,987

(2,702)

105

54,390

Assets and liabilities arising from financing activities

Derivative assets and liabilities

Financial liabilities under put options

Borrowings 70,092 4,071 (13,538) 3,172 €m (2,444)

Other liabilities

€m

€m

€m

€m

1 April 2022

(2,954)

494

1,498

69,130 4,071 (13,538) 3,172 (1,951) (1,867) 261 (1,688) (414) 2,004 7,652 (5,243) (12) 62,276 699

Cash movements Proceeds from issuance of long-term borrowings Repayment of borrowings 1 Net movement in short-term borrowings Net movement in derivatives

– – –

– – – – – – – – – –

– – – – – –

– – – –

261 590

Interest paid 1

(18) (12)

(79)

Purchase of treasury shares

– –

(1,867)

Other

Non-cash movements Fair value movements Foreign exchange

(1,688) (350) (561)

(44)

(20) (113)

Interest costs 2 Lease additions

2,657 7,652 (5,243)

21

– – –

– –

Acquisition and disposal of subsidiaries

Other 3

15

684 103

31 March 2023

66,390

(4,702)

485

Note: 1 Includes €1,136 million (2023: €3,037 million) in Repayment of borrowings and €103 million (2023: €136 million) in Interest paid that are presented within Cash outflows from discontinued operations in the Consolidated statement of cash flows. 2 Includes €111 million (2023: €103 million) of Interest costs presented within Discontinued operations in the Consolidated income statement. 3 Movement in Other liabilities primarily relate to share buyback programmes.

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