Vodafone 2002 Annual Report Download - page 29

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Information on the Company Vodafone Group Plc 27Annual Report & Accounts and Form 20-F
Notes:
(1) Certain prior period comparative information has been restated following the adoption of FRS 19 during the period. Further details are given in note 1 to the
Consolidated Financial Statements, “Basis of Consolidated Financial Statements”.
(2) The Group’s interest in Verizon Wireless is accounted for as an associated undertaking and the results of Verizon Wireless have been included in the consolidated
profit and loss account on the equity basis of accounting from 3 April 2000. The results of Mannesmann have been included in the consolidated profit and loss
account from 12 April 2000. The results of Airtel, now operating as Vodafone, have been fully consolidated with effect from 29 December 2000 under UK GAAP.
The results of Eircell and Japan Telecom and the J-Phone Group have been fully consolidated with effect from 14 May 2001 and 12 October 2001, respectively.
Prior to the acquisition of a controlling interest, the Group’s interests in Airtel, Japan Telecom and the J-Phone Group were accounted for as associated
undertakings. Japan Telecom was accounted for as a trade investment for the period up to 1 June 2001. See “Information on the Company – History and
Development of the Company – Acquisitions of businesses”for further details on these transactions.
(3) The consolidated financial statements for the year ended 31 March 2000 include the results of AirTouch from 30 June 1999.
(4) The consolidated financial statements are prepared in accordance with UK GAAP, which differ in certain significant respects from US GAAP. For further details, see
note 37 to the Consolidated Financial Statements, “US GAAP information”.
(5) See note 10 to the Consolidated Financial Statements, “Earnings per share”. Adjusted basic earnings per share is calculated after adjusting for goodwill
amortisation and exceptional items. It is not a recognised measure under US GAAP but is presented under UK GAAP in order to highlight underlying performance.
Earnings per ADS is calculated by multiplying earnings per ordinary share by ten, the number of ordinary shares per ADS. Earnings per share and dividend
information has been restated for the capitalisation (bonus) issue on 30 September 1999.
(6) The final dividend for the year ended 31 March 2002 was proposed by the directors on 27 May 2002.