140 Vodafone Group Plc Annual Report 2025
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165 Segmental assets The tables below present the segmental assets at 31 March 2025, 31 March 2024 and 31 March 2023. Non-current Capital Right-of-use Other additions Depreciation and Impairment assets 1 additions 2 asset additions intangible assets 3 amortisation charge 4 31 March 2025 €m €m €m €m €m €m Germany 37,621 2,482 1,127 – 4,536 4,350 UK 7,904 926 2,157 48 1,908 – Other Europe 7,304 857 474 26 1,472 T ü rkiye 2,059 447 187 – 681 – Africa 6,981 1,039 499 162 1,129 – Common Functions 2,281 1,142 212 – 1,078 – Group 64,150 6,893 4,656 236 10,804 4,515 Non-current Capital Right-of-use Other additions Depreciation and Impairment assets 1 additions 2 asset additions intangible assets 3 amortisation reversal 4 31 March 2024 €m €m €m €m €m €m Germany 42,931 2,565 1,045 – 4,543 – UK 6,863 878 957 – 1,733 – Other Europe 7,564 862 442 – 1,447 – T ü rkiye 1,644 320 160 120 537 (64) Africa 6,377 1,005 296 163 1,184 – Common Functions 1,972 782 203 – 970 – Group 67,351 6,412 3,103 283 10,414 (64) Non-current Capital Right-of-use Other additions Depreciation and Impairment assets 1 additions 2 asset additions intangible assets 3 amortisation charge 4 31 March 2023 €m €m €m €m €m €m Germany 43,878 2,701 2,145 2 4,154 – Italy 10,235 833 916 5 – – UK 6,629 892 1,639 – 1,562 – Spain 6,331 565 742 8 – – Other Europe 7,815 927 1,104 151 1,363 – T ü rkiye 1,502 235 150 9 546 64 Africa 6,796 1,122 246 264 1,311 – Vantage Towers – 551 318 – 326 – Common Functions 2,013 839 127 – 993 – Group 85,199 8,665 7,387 439 10,255 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.
2. Revenue disaggregation and segmental analysis (continued) The table below presents Revenue and Adjusted EBITDAaL for the comparative year ended 31 March 2023. Revenue from Total Service Equipment contracts with Other Interest segment Adjusted revenue revenue customers revenue 1 revenue revenue EBITDAaL 31 March 2023 €m €m €m €m €m €m €m Germany 11,433 1,313 12,746 350 17 13,113 5,323 UK 5,358 1,375 6,733 58 33 6,824 1,350 Other Europe 2 5,005 602 5,607 117 20 5,744 1,632 T ü rkiye 3 1,593 475 2,068 4 – 2,072 424 Africa 6,556 1,089 7,645 403 28 8,076 2,880 Vantage Towers – – – 1,338 – 1,338 795 Common Functions 4 530 47 577 1,191 – 1,768 20 Eliminations (157) (1) (158) (1,105) – (1,263) – Group 30,318 4,900 35,218 2,356 98 37,672 12,424 Notes: 1. Other revenue includes lease revenue recognised under IFRS 16 ‘Leases’ (see note 20 ‘Leases’). 2. Includes the results of Vodafone Hungary which, as previously reported, was sold in January 2023. 3. Includes the results of Vodafone Ghana which, as previously reported, was sold in February 2023. 4. Comprises central teams and business functions. 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 2025 is € 17,297 million (2024 : € 16,577 million; 2023 : € 16,354 million); of which € 10,812 million (2024 : € 10,488 million; 2023 : € 10,324 million) is expected to be recognised within the next year and the majority of the remaining amount in the following 12 months.
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