Vodafone 2004 Annual Report Download - page 79

Download and view the complete annual report

Please find page 79 of the 2004 Vodafone annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 142

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142

Annual Report 2004 Vodafone Group Plc
77
Mobile telecommunications Other operations
Middle
UK & Northern Southern Asia East & Asia Total
Ireland Europe Europe Americas Pacific Africa Total Europe Pacific Group
£m £m £m £m £m £m £m £m £m £m
Year ended 31 March 2003
Group turnover 4,655 6,177 8,051 5 8,364 290 27,542 854 1,979 30,375
Operating profit/(loss) 1,073 (4,827) (1,842) (117) 702 60 (4,951) (89) (255) (5,295)
Share of operating profit/(loss) in joint ventures
and associated undertakings – (126) 3 (21) 2 110 (32) (124) –(156)
Total Group operating loss 1,073 (4,953) (1,839) (138) 704 170 (4,983) (213) (255) (5,451)
Exceptional non-operating items – (1) (6) (28) (295) 1 (329) 348 (24) (5)
Loss on ordinary activities before interest 1,073 (4,954) (1,845) (166) 409 171 (5,312) 135 (279) (5,456)
Total Group operating loss 1,073 (4,953) (1,839) (138) 704 170 (4,983) (213) (255) (5,451)
Add back:
– Goodwill amortisation 253 7,415 4,334 1,235 717 27 13,981 75 – 14,056
– Exceptional operating items – 50 – 122 ––172 – 404 576
Total Group operating profit before goodwill
amortisation and exceptional items 1,326 2,512 2,495 1,219 1,421 197 9,170 (138) 149 9,181
Depreciation and amortisation charges, excluding
goodwill amortisation 485 772 959 15 1,190 56 3,477 166 389 4,032
Intangible and tangible fixed asset additions 618 1,276 1,270 9 1,393 56 4,622 135 186 4,943
At 31 March 2003
Net assets/(liabilities) and attributed goodwill
(before net borrowings) as restated:
– subsidiary undertakings 7,840 52,974 42,661 (1,771) 14,880 568 117,152 419 1,936 119,507
– share of associated undertakings 5 7,169 100 18,236 32 337 25,879 (64) 10 25,825
7,845 60,143 42,761 16,465 14,912 905 143,031 355 1,946 145,332
Net debt (13,839)
131,493
Year ended 31 March 2002
Group turnover 4,240 5,369 6,743 12 4,072 306 20,742 998 1,105 22,845
Operating profit/(loss) 813 (4,632) (1,877) (68) 15 34 (5,715) (4,252) (410) (10,377)
Share of operating profit/(loss) in joint ventures and
associated undertakings (2) (255) (94) (487) (213) 97 (954) (481) (22) (1,457)
Total Group operating loss 811 (4,887) (1,971) (555) (198) 131 (6,669) (4,733) (432) (11,834)
Exceptional non-operating items – (20) 52 –(881) –(849) (11) –(860)
Loss on ordinary activities before interest 811 (4,907) (1,919) (555) (1,079) 131 (7,518) (4,744) (432) (12,694)
Total Group operating loss 811 (4,887) (1,971) (555) (198) 131 (6,669) (4,733) (432) (11,834)
Add back:
– Goodwill amortisation 216 7,061 4,043 1,343 617 30 13,310 145 15 13,470
– Exceptional operating items 27 ––529 170 – 726 4,282 400 5,408
Total Group operating profit before goodwill
amortisation and exceptional items 1,054 2,174 2,072 1,317 589 161 7,367 (306) (17) 7,044
Depreciation and amortisation charges, excluding
goodwill amortisation 410 614 759 19 586 57 2,445 264 205 2,914
Intangible and tangible fixed asset additions 683 1,270 1,695 23 826 152 4,649 214 255 5,118