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46 Vodafone Group Plc Annual Report 2007
Operating Results
continued
Europe Germany Italy Spain UK Arcor Other Eliminations Europe % change
£m £m £m £m £m £m £m £m £ Organic
Year ended 31 March 2006
Voice revenue 4,304 3,472 3,093 3,642 −3,672 (356) 17,827 2.3 3.2
Messaging revenue 815 526 328 674 −507 (14) 2,836 7.2 7.6
Data revenue 275 172 194 252 −170 (40) 1,023 46.4 48.8
Fixed line operator and DSL revenue −− −−1,305 −(34) 1,271 21.7 16.7
Total service revenue 5,394 4,170 3,615 4,568 1,305 4,349 (444) 22,957 5.2 5.9
Acquisition revenue 185 94 269 285 15 170 −1,018
Retention revenue 61 84 105 60 −124 −434
Other revenue 114 15 6 135 −54 −324
Total revenue 5,754 4,363 3,995 5,048 1,320 4,697 (444) 24,733 4.7 5.6
Interconnect costs (732) (681) (634) (862) (368) (906) 444 (3,739) 4.9 4.8
Other direct costs (281) (241) (329) (355) (187) (273) −(1,666) 6.5 7.0
Acquisition costs (551) (172) (543) (665) (147) (423) −(2,501) 1.9 2.7
Retention costs (410) (177) (354) (455) −(356) −(1,752) 14.4 15.9
Operating expenses (1,077) (822) (762) (1,088) (390) (1,104) −(5,243) 8.1 9.3
Acquired intangibles amortisation −− −−−(2) −(2)
Purchased licence amortisation (342) (74) (69) (333) −(66) −(884)
Depreciation and other amortisation (865) (524) (336) (592) (89) (594) −(3,000)
Share of result in associates −− −−− 5−5
Adjusted operating profit 1,496 1,672 968 698 139 978 −5,951 2.7 3.5
Year ended 31 March 2005
Voice revenue 4,358 3,492 2,558 3,672 −3,673 (329) 17,424
Messaging revenue 774 467 269 671 −466 (2) 2,645
Data revenue 188 132 136 155 −119 (31) 699
Fixed line operator and DSL revenue −− −−1,090 −(46) 1,044
Total service revenue 5,320 4,091 2,963 4,498 1,090 4,258 (408) 21,812
Acquisition revenue 186 108 221 322 5 200 −1,042
Retention revenue 56 60 75 68 −130 −389
Other revenue 122 14 2 177 −56 −371
Total revenue 5,684 4,273 3,261 5,065 1,095 4,644 (408) 23,614
Interconnect costs (734) (701) (540) (771) (334) (894) 408 (3,566)
Other direct costs (314) (232) (263) (367) (119) (270) −(1,565)
Acquisition costs (534) (179) (467) (710) (113) (452) −(2,455)
Retention costs (386) (134) (247) (459) −(305) −(1,531)
Operating expenses (1,071) (747) (608) (1,049) (360) (1,016) −(4,851)
Acquired intangibles amortisation −− −−− −−−
Purchased licence amortisation (342) (74) (69) (333) −(65) −(883)
Depreciation and other amortisation (830) (512) (292) (597) (105) (634) −(2,970)
Adjusted operating profit 1,473 1,694 775 779 64 1,008 −5,793
Change at constant exchange rates %%%%% %
Voice revenue (1.3) (0.7) 20.9 (0.8) −0.2
Messaging revenue 5.2 12.7 22.0 0.4 −9.0
Data revenue 47.0 29.9 43.7 62.6 −42.9
Fixed line and DSL revenue −− −−19.9 −
Total service revenue 1.4 1.8 22.0 1.6 19.9 2.3
Acquisition revenue −(12.7) 22.4 (11.5) 187.5 (14.6)
Retention revenue 10.0 41.4 40.2 (11.8) −(3.9)
Other revenue (6.9) 2.6 150.0 (23.7) −(3.6)
Total revenue 1.2 2.0 22.6 (0.3) 20.7 1.4
Interconnect costs (0.3) (3.1) 17.5 11.8 10.0 1.5
Other direct costs (10.3) 3.8 25.4 (3.3) 56.6 1.5
Acquisition costs 3.4 (3.9) 16.8 (6.3) 30.3 (5.8)
Retention costs 6.3 32.4 43.8 (0.9) −17.5
Operating expenses 0.7 10.1 25.6 3.7 8.1 9.0
Acquired intangibles amortisation −− −−− −
Purchased licence amortisation −− −−−1.5
Depreciation and other amortisation 4.3 2.0 14.8 (0.8) (14.2) (5.7)
Adjusted operating profit 1.3 (1.3) 24.6 (10.4) 122.8 (3.4)