Vodafone 2026 Annual Report

137 Vodafone Group Plc Annual Report 2026

Strategic report

Governance

Financials

Other information

Consolidated income statement for the years ended 31 March

Consolidated statement of comprehensive expense for the years ended 31 March Note 2026 €m

2026 €m

2025 €m

2024 €m

2025 €m

2024 €m

Note

Revenue Cost of sales Gross profit

40,461 37,448 36,717 (27,728) (24,929) (24,459) 12,733 12,519 12,258 (3,149) (2,934) (2,674) (5,841) (5,447) (5,768)

(Loss)/profit for the financial year Other comprehensive (expense)/income: Items that may be reclassified to the income statement in subsequent years: Foreign exchange translation differences, net of tax Foreign exchange translation differences, transferred to the income statement Total items that may be reclassified to the income statement in subsequent years Items that will not be reclassified to the income statement in subsequent years: Fair value gains on equity instruments classified as Other investments, net of tax Net actuarial gains/(losses) on defined benefit pension schemes, net oftax 25 Total items that will not be reclassified to the income statement in subsequent years Other, net of tax 1 Other comprehensive (expense)/income Total comprehensive (expense)/income for the financial year

(49) (3,746) 1,505

2

Selling and distribution expenses Administrative expenses Net credit losses on financial assets Impairment (charge)/reversal Other (expense)/income Operating profit/(loss) Investment and other income Share of results of equity accounted associates and joint ventures

321 115 36 472

(440)

(696)

23

(429) (382)

(476) (123)

(491) (96)

22 12

209 (487)

(1,748) (2,165)

(4,515) 565

64 372 581

4 3 3 5 5

(88)

2,844 1,395 1,864

(411) 3,665

864

Financing costs

(2,375) (1,931) (2,626) (1,478) 1,620 (1,805) (2,246)

Profit/(loss) before taxation Income tax expense

428

116

(50) (65)

6

Profit/(loss) for the financial year - Continuing operations Loss for the financial year - Discontinued operations (Loss)/profit for the financial year

59

(3,724) 1,570

9

1

(58) (58)

437

117 589

(108)

(22)

7

(49) (3,746) 1,505

(50)

(2,223) (718)

Attributable to: – Owners of the parent – Non-controlling interests 1 (Loss)/profit for the financial year

(99) (3,157)

(397) (4,169)

1,140 365

348

423

Attributable to: – Owners of the parent – Non-controlling interests

(49) (3,746) 1,505

(254) (3,485) (99) (3,157) 155 328

(920) 202 (718)

(Loss)/earnings per share - Continuing operations – Basic

Total comprehensive (expense)/income for the financial year

(1.20)c (15.86)c (1.20)c (15.86)c

4.45c 4.44c

8 8

– Diluted

Note: 1. Principally includes the impact of the Group's cash flow hedges deferred to other comprehensive income during the year. Further details on items in the consolidated statement of comprehensive expense can be found in the consolidated statement of changes in equity on pages 139 and 140.

(Loss)/earnings per share - Total Group – Basic

(1.65)c (15.94)c (1.65)c (15.94)c

4.21c 4.20c

8 8

– Diluted

Note: 1. Profit attributable to non-controlling interests derives solely from continuing activities.

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