Vodafone 2026 Annual Report

150 Vodafone Group Plc Annual Report 2026

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Segmental assets The tables below present the segmental assets at 31 March 2026, 31 March 2025 and 31 March 2024. 31 March 2026 Non-current assets 1 €m Capital additions 2 €m Right-of-use asset additions €m Other additions intangible assets 3 €m Depreciation and amortisation €m Impairment charge 4 €m Germany 36,746 2,496 953 175 4,556 – UK 13,953 1,549 1,113 38 3,274 – Other Europe 7,451 892 702 47 1,531 – T ü rkiye 2,781 540 219 514 795 – Africa 7,344 1,185 496 309 1,209 – Common Functions 5 2,195 838 362 1 1,089 – Group 70,470 7,500 3,845 1,084 12,454 –

2. Revenue disaggregation and segmental analysis (continued) The table below presents Revenue and Adjusted EBITDAaL for the comparative year ended 31 March 2024.

Revenue from contracts with customers €m

Total segment revenue €m 6,837 5,504 2,362 7,420 1,864 (227)

Service revenue €m

Equipment revenue €m

Other revenue 1 €m 357

Interest revenue €m

Adjusted EBITDAaL €m 5,017 1,408 1,516 510 2,539

31 March 2024 Germany Other Europe UK

11,453 5,631 4,722 1,746 5,951 559 29,912 (150)

1,132 12,585

15 12,957

1,111 665 609 1,030

6,742 5,387 2,355 6,981

54 102 409 7

41 15 30 – – –

T ü rkiye Africa

Common Functions 2 Eliminations

49

608 1,256

29

(1)

(151)

(76)

Other additions intangible assets 3 €m

Non-current assets 1 €m 37,621 7,904 7,304 2,059 6,981 2,281 64,150 Non-current assets 1 €m 42,931 6,863 7,564 1,644 6,377 1,972 67,351

Capital additions 2 €m 2,482 926 857 447 1,039 1,142 6,893 Capital additions 2 €m 2,565 878 862 320 1,005 782 6,412

Right-of-use asset additions €m

Depreciation and amortisation €m

Impairment charge 4 €m 4,350

Group

4,595 34,507 2,109

101 36,717 11,019

31 March 2025 Germany Other Europe UK

Notes: 1. Other revenue includes lease revenue recognised under IFRS 16 ‘Leases’ (see note 20 ‘Leases’). 2. Comprises corporate functions and shared operations.

1,127 2,157 474 187 499 212 4,656 1,045 957 442 160 296 203 3,103

4,536 1,908 1,472 681 1,129 1,078 10,804 4,543 1,733 1,447 537 1,184 970 10,414

48 26

– – – –

165

The total future revenue from the remaining term of Group’s contracts with customers for performance obligations not yet delivered to those customers at 31 March 2026 is €17,622 million (2025: €17,297 million; 2024: €16,577 million); of which €11,469 million (2025: €10,812 million; 2024: €10,488 million) is expected to be recognised within the next year and the majority of the remaining amount in the following 12 months.

T ü rkiye Africa Group

– – 162 236

Common Functions 5

4,515

Other additions intangible assets 3 €m

Right-of-use asset additions €m

Depreciation and amortisation €m

Impairment reversal 4 €m

31 March 2024 Germany Other Europe UK

– – –

– – – – –

T ü rkiye Africa Group

120 163 283 –

(64)

Common Functions 5

(64)

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 identifiable wavelengths, reported within Intangible assets. 3. Includes additions to licences and spectrum and customer base acquisitions.

4. See note 4 ‘Impairment losses’ for more information. 5. Comprises corporate functions and shared operations.

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