Vodafone 2025 Annual Report

Vodafone Group Plc Annual Report 2025 155

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 2023

96,904

34,306

18,474

11,905

539

162,128 (2,081) 2,915 (1,977) (30,930) 1,729 131,784 (254)

Exchange movements

(1,042)

(435) 283 (986) (6,258) 382

(414) (989) (2,600) 2,615 348

(130)

(60) 17 (2) (57)

Additions Disposals

– –

– –

Transfer of assets held for resale Hyperinflation impacts 31 March 2024 Exchange movements Acquisition of subsidiaries

(19,498) 77,252 (252) 888

(2,517) 9,320 62 17

49 486

27,292

17,434

62

(63)

(18)

7 – – –

4 – – –

– 5

11

Additions Disposals

236 301

2,414

2,655 1,389

(98)

(772) 291 (45)

(1)

(871)

Hyperinflation impacts

709

49

39

Other

(45)

31 March 2025

77,716

27,793

19,259

9,390

511

134,669

Accumulated impairment losses and amortisation 1 April 2023

69,289

24,337 (144) (985) (2,704) 1,031 196 106 21,731

12,462

8,307

526

114,921

Exchange movements Charge for the year 1

(897)

(324) (951) (1,871) 2,484 304

(120) 606

(56)

(1,541) 4,122 (1,936) (24,133) 1,499 92,932 (268) 4,515

– –

1 –

Disposals

Transfer of assets held for resale Hyperinflation impacts

(16,984) 52,296 (318) 888 4,515

(2,517) 6,338 62 16

(57) 49 (14)

31 March 2024 Exchange movements Impairments Charge for the year 1 Hyperinflation impacts 31 March 2025 Disposals

12,104

463

(58)

– –

– 8

– –

651 176

2,431

605

3,695 1,223

(98)

(767) 250

(1)

(866)

709

49

39 495

57,202

22,566

13,960

7,008

101,231

Net book value 31 March 2024 31 March 2025

24,956 20,514

5,561 5,227

5,330 5,299

2,982 2,382

23 16

38,852 33,438

Note: 1. Included in the charge for the year ended 31 March 2025 is € nil (2024 : €6 07 million) in respect of Vodafone Italy and Vodafone Spain, which are now reported as discontinued operations. See note 7 ‘Discontinued operations and assets held for sale’ for more inf ormation.

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