Vodafone 2026 Annual Report

166 Vodafone Group Plc Annual Report 2026

Strategic report

Governance

Financials

Other information

10. Intangible assets (continued)

Licence and spectrum fees

Computer software

Customer

Goodwill

bases €m

Other €m

Total €m

€m

€m

€m

Cost 1 April 2024

77,252

27,292

17,434

9,320

486

131,784

Exchange movements Acquisition of subsidiaries

(252)

62

(63)

17

(18)

(254)

7 – – –

4 – – –

– 5

11

Additions 1 Disposals

236 301

2,414

2,655 1,389

(98)

(772) 291 (45) (424) 897 (942) 285 (97)

(1)

(871)

Hyperinflation impacts 31 March 2025 Exchange movements Acquisition of subsidiaries 2 Other

709

49

39

(45)

77,716

27,793

19,259

9,390

511 231

134,669 (1,825) 4,135 3,234 (1,250) 1,284 (97) 140,150

(571)

(734)

(56)

(40)

1,465

1,001 1,083

541

Additions 1 Disposals

– – –

2,142

1 – –

8

(305) 293

(3)

Hyperinflation impacts

627

44

35

Other

31 March 2026

79,237

29,131

21,120

9,920

742

Accumulated impairment losses and amortisation 1 April 2024

52,296

21,731

12,104

6,338

463

92,932

Exchange movements Impairments Charge for the year Hyperinflation impacts 31 March 2025 Exchange movements Charge for the year Disposals Hyperinflation impacts Disposals

(318)

106 651 – 176

(58)

16

(14)

(268)

4,515

– –

– 8

4,515 3,695 1,223

– –

2,431

605

(98)

(767) 250 (314) (932) 242 (52)

(1)

(866)

709

49

39 495

57,202

22,566

13,960

7,008

101,231 (1,395) 4,090 (1,129) 1,128 103,873 (52)

(510)

(504) 722 (197) 180

(41)

(26) 12

– – –

2,682

674

– – 44

– – 35

627

Other

31 March 2026 Net book value 31 March 2025 31 March 2026

57,319

22,767

15,586

7,685

516

20,514 21,918

5,227 6,364

5,299 5,534

2,382 2,235

16 226

33,438 36,277

Notes: 1. Licence and spectrum additions include €771 million (FY25: €nil) of deferred payments which are included in borrowings in the Statement of Financial Position, see Note 21 for further details. 2. Primarily attributable to the merger of Vodafone Limited and Hutchison 3G UK Holdings Limited in the UK. See note 27 ‘Acquisitions and disposals’ for further details.

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