Vodafone 2011 Annual Report Download - page 82

Download and view the complete annual report

Please find page 82 of the 2011 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 156

  • 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
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

80 Vodafone Group Plc Annual Report 2011
2011 2010 2009
Note £m £m £m
Revenue 345,884 44,472 41,017
Cost of sales (30,814) (29,439) (25,842)
Gross profit 15,070 15,033 15,175
Selling and distribution expenses (3,067) (2,981) (2,738)
Administrative expenses (5,300) (5,328) (4,771)
Share of result in associates 14 5,059 4,742 4,091
Impairment losses 10 (6,150) (2,100) (5,900)
Other income and expense (16) 114 –
Operating profit 45,596 9,480 5,857
Non-operating income and expense 15 3,022 (10) (44)
Investment income 5 1,309 716 795
Financing costs 5 (429) (1,512) (2,419)
Profit before taxation 9,498 8,674 4,189
Income tax expense 6 (1,628) (56) (1,109)
Profit for the financial year 7,870 8,618 3,080
Attributable to:
– Equity shareholders 7,968 8,645 3,078
– Non-controlling interests (98) (27) 2
7,870 8,618 3,080
Basic earnings per share 815.20p 16.44p 5.84p
Diluted earnings per share 815.11p 16.36p 5.81p
for the years ended 31 March
for the years ended 31 March
2011 2010 2009
£m £m £m
Gains/(losses) on revaluation of available-for-sale investments, net of tax 310 206 (2,383)
Foreign exchange translation differences, net of tax (2,132) (1,021) 12,375
Net actuarial gains/(losses) on defined benefit pension schemes, net of tax 136 (104) (163)
Revaluation gain – 860 68
Foreign exchange gains transferred to the income statement (630) (84) (3)
Fair value (gains)/losses transferred to the income statement (2,192) 3 –
Other, net of tax 19 67 (40)
Other comprehensive (loss)/income (4,489) (73) 9,854
Profit for the financial year 7,870 8,618 3,080
Total comprehensive income for the year 3,381 8,545 12,934
Attributable to:
– Equity shareholders 3,567 8,312 13,037
– Non-controlling interests (186) 233 (103)
3,381 8,545 12,934
The accompanying notes are an integral part of these consolidated financial statements.
Consolidated statement of comprehensive income
Consolidated income statement