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144 Vodafone Group Plc Annual Report 2011
Non-GAAP information continued
Reconciliation of organic growth to reported growth is shown where used, or in the table below:
Organic M&A Foreign Reported
change activity exchange change
% pps pps %
31 March 2011
Group
Service revenue
H2 2011 2.5 0.2 (1.5) 1.2
H1 2011 1.7 1.5 0.5 3.7
Change 0.8 (1.3) (2.0) (2.5)
Revenue 2.8 0.8 (0.4) 3.2
Service revenue 2.1 0.9 (0.6) 2.4
Service revenue for the quarter ended 31 March 2011 2.5 0.1 (2.2) 0.4
Data revenue 26.4 1.2 (1.2) 26.4
Fixed line revenue 5.2 1.7 (3.5) 3.4
Emerging markets service revenue 11.8 3.4 6.8 22.0
Vodafone Global Enterprise revenue 8 – 3 11
EBITDA (0.7) 1.4 (1.1) (0.4)
Adjusted operating profit 1.8 2.5 (1.2) 3.1
Europe
Service revenue
31 March 2010 (3.8) 0.1 4.6 0.9
31 March 2009 (1.7) 2.5 13.2 14.0
Change (2.1) (2.4) (8.6) (13.1)
Service revenue for the six months ended 31 March 2011 (0.3) 0.2 (3.5) (3.6)
Service revenue for the quarter ended 31 March 2011 (0.8) 0.2 (3.2) (3.8)
Northern Europe service revenue growth 2.7 (1.2) (2.8) (1.3)
Southern Europe service revenue growth (2.9) 1.2 (3.5) (5.2)
Enterprise revenue 0.5 0.2 (3.2) (2.5)
Germany – service revenue excluding the impact of termination rate cuts 2.1 – (4.1) (2.0)
Germany – data revenue 27.9 – (5.1) 22.8
Germany – enterprise revenue 3.6 – (4.2) (0.6)
Italy – data revenue 21.5 – (4.8) 16.7
Spain – data revenue 14.8 – (4.8) 10.0
UK – data revenue 28.5 – – 28.5
Greece – service revenue (19.4) – (3.2) (22.6)
Turkey – service revenue 28.9 3.6 2.7 35.2
Africa, Middle East and Asia Pacific
Service revenue for the quarter ended 31 March 2011 11.8 (1.3) 0.7 11.2
Vodacom – data revenue(1) 43.8 9.7 15.2 68.7
South Africa – data revenue 41.8 9.5 15.6 66.9
Egypt – service revenue (0.8) – (1.0) (1.8)
Egypt – data revenue 37.7 – (1.5) 36.2
Ghana – service revenue 21.0 – 1.6 22.6
Indus Towers – contribution to India service revenue growth 1.7 – 0.1 1.8
Percentage point reduction in EBITDA margin (0.6) 1.0 (0.2) 0.2
Verizon Wireless
Revenue 6.0 – 2.6 8.6
Service revenue(2) 5.8 – 2.6 8.4
EBITDA 6.7 (0.1) 2.7 9.3
Group’s share of result of Verizon Wireless 8.5 (0.1) 2.7 11.1