Vodafone 2013 Annual Report Download - page 5

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We have seen mixed trends in our business this year,
with a difcult macroeconomic environment and
regulatory pressure affecting many of our European
businesses, strong growth in emerging markets and
an excellent performance from our US associate.
Resilient
performance
More on:
Key performance
indicators
Pages 18 and 19
£44. 4bn
Group revenue
Group revenue decreased -4.2% to £44.4 billion as strong demand
for data services and growth in emerging markets were offset by
continued signicant economic and regulatory pressures in Europe.
29.9%
EBITDA margin
Reported EBITDA margin fell -1.3 percentage points. Excluding
restructuring costs and on an organic basis margin was down
-0.1* percentage points, as the impact of steep revenue declines
in Southern Europe offset improving margins in India and Vodacom.
£12.0bn
Adjusted operating prot
Adjusted operating prot wasup 3.7% at £12.0 billion, and above
our guidance range, as a result of a strong contribution from our
USassociate, Verizon Wireless.
£6.3bn
Capital expenditure
Capital expenditure was stable at £6.3 billion as we continued
to maintain a signicant level of investment to extend our high
speed mobile data coverage across our footprint.
£6.7bn
Data revenue
Data revenue increased 7.5%, or 13.8%* on an organic basis, reecting
increased smartphone penetration and further take-up of integrated
voice, SMS and data plans.
10.19p
Total ordinary dividends per share
Final dividends per share of 6.92 pence, giving total dividends per share
of 10.19 pence, up 7.0% year-on-year, in line with our target.
£5.6bn
Free cash ow
Free cash ow of £5.6 billion was within our guidance range. The decline
reected the relative strength of sterling against several currencies over
the course of the year, as well as tough trading conditions.
15.65p
Adjusted earnings per share
Adjusted earnings per share was up5.0%at15.65 pence, driven
by growth in adjusted operating prot and a lower share count
as a result of share buybacks.
-4.2%
+3.7%
-1.6%
-1.3pp
+7.5%
-8.1%
+5.0%
+7.0%
03 Vodafone Group Plc
Annual Report 2013
Overview Business
review Performance Governance Financials Additional
information