Vodafone 2002 Annual Report Download - page 87

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Notes to the Consolidated Financial Statements Vodafone Group Plc 85Annual Report & Accounts and Form 20-F
2002 2001 2000
£m £m £m
Capital expenditure on intangible and tangible fixed assets (excluding goodwill)
Mobile telecommunications:
Northern Europe 925 7,529 807
Central Europe 1,028 6,200 –
Southern Europe 1,695 2,552 622
Europe 3,648 16,281 1,429
Americas 23 67 587
Asia Pacific 826 366 256
Middle East and Africa 152 174 41
4,649 16,888 2,313
Other operations:
Europe 214 380
Asia Pacific 255 ––
5,118 17,268 2,313
4. Exceptional operating items
2002 2001 2000
£m £m £m
Impairment of intangible and tangible fixed assets 5,100 91
Reorganisation costs 86 85 30
Share of exceptional operating items of associated undertakings and joint ventures 222 141
Other items 3 –
5,408 320 30
The impairment charges of £5,100 million primarily relate to the carrying value of goodwill for Arcor, Cegetel, Grupo Iusacell and Japan Telecom.
Reorganisation costs of £86 million relate to the Group’s operations in Australia and the UK. The Group’s share of exceptional items of its associated
undertakings and joint ventures of £222 million, comprise £102 million of, principally, asset write-downs in J-Phone Vodafone and £115 million of
reorganisation costs in Verizon Wireless and Vizzavi.
Exceptional operating items for 2001 of £320 million primarily comprise impairment charges of £91 million in relation to the carrying value of certain assets
within the Groups Globalstar service provider businesses, £85 million of reorganisation costs relating to the Group’s operations in Germany and the US, and
£141 million in relation to the Group’s share of restructuring costs incurred by Verizon Wireless.