Vodafone Group PLC
LSE:VOD
Income Statement
Earnings Waterfall
Vodafone Group PLC
Revenue
|
44.7B
EUR
|
Cost of Revenue
|
-30.5B
EUR
|
Gross Profit
|
14.2B
EUR
|
Operating Expenses
|
-10.4B
EUR
|
Operating Income
|
3.8B
EUR
|
Other Expenses
|
6.8B
EUR
|
Net Income
|
10.5B
EUR
|
Income Statement
Vodafone Group PLC
Sep-2003 | Mar-2004 | Sep-2004 | Mar-2005 | Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
47 849
N/A
|
48 313
+1%
|
49 202
+2%
|
39 325
-20%
|
35 676
-9%
|
43 030
+21%
|
44 469
+3%
|
45 892
+3%
|
48 095
+5%
|
50 246
+4%
|
50 325
+0%
|
49 310
-2%
|
49 090
0%
|
50 223
+2%
|
52 162
+4%
|
53 979
+3%
|
53 908
0%
|
71 751
+33%
|
68 226
-5%
|
46 673
-32%
|
45 827
-2%
|
45 469
-1%
|
48 921
+8%
|
48 385
-1%
|
56 207
+16%
|
49 810
-11%
|
45 710
-8%
|
47 631
+4%
|
46 655
-2%
|
46 571
0%
|
45 344
-3%
|
43 666
-4%
|
43 809
+0%
|
44 974
+3%
|
44 462
-1%
|
43 809
-1%
|
44 871
+2%
|
45 580
+2%
|
46 021
+1%
|
45 706
-1%
|
44 713
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(35 873)
|
(36 376)
|
(36 099)
|
(23 317)
|
(20 098)
|
(25 026)
|
(25 885)
|
(27 637)
|
(29 470)
|
(30 972)
|
(31 593)
|
(31 053)
|
(31 534)
|
(33 238)
|
(34 971)
|
(36 248)
|
(36 338)
|
(49 494)
|
(47 641)
|
(32 592)
|
(32 469)
|
(33 133)
|
(36 415)
|
(35 073)
|
(40 813)
|
(36 713)
|
(33 557)
|
(34 576)
|
(33 254)
|
(32 771)
|
(31 736)
|
(30 160)
|
(30 007)
|
(30 682)
|
(30 426)
|
(30 086)
|
(30 429)
|
(30 574)
|
(31 057)
|
(30 850)
|
(30 547)
|
|
Gross Profit |
11 976
N/A
|
11 937
0%
|
13 103
+10%
|
16 008
+22%
|
15 578
-3%
|
18 004
+16%
|
18 584
+3%
|
18 255
-2%
|
18 624
+2%
|
19 273
+3%
|
18 732
-3%
|
18 257
-3%
|
17 555
-4%
|
16 984
-3%
|
17 191
+1%
|
17 731
+3%
|
17 569
-1%
|
22 256
+27%
|
20 585
-8%
|
14 081
-32%
|
13 358
-5%
|
12 337
-8%
|
12 506
+1%
|
13 312
+6%
|
15 394
+16%
|
13 097
-15%
|
12 153
-7%
|
13 055
+7%
|
13 401
+3%
|
13 800
+3%
|
13 608
-1%
|
13 506
-1%
|
13 802
+2%
|
14 292
+4%
|
14 036
-2%
|
13 723
-2%
|
14 442
+5%
|
15 006
+4%
|
14 964
0%
|
14 856
-1%
|
14 166
-5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(18 645)
|
(18 825)
|
(11 865)
|
(6 631)
|
(6 393)
|
(7 736)
|
(8 161)
|
(7 475)
|
(7 766)
|
(9 082)
|
(9 066)
|
(9 012)
|
(9 045)
|
(9 252)
|
(9 689)
|
(9 862)
|
(5 877)
|
(4 481)
|
(7 790)
|
(8 045)
|
(7 901)
|
(8 636)
|
(18 709)
|
(11 161)
|
(12 865)
|
(11 268)
|
(10 571)
|
(10 779)
|
(9 099)
|
(9 522)
|
(9 420)
|
(10 024)
|
(8 996)
|
(6 003)
|
(7 516)
|
(8 968)
|
(10 272)
|
(9 582)
|
(9 457)
|
(10 156)
|
(10 416)
|
|
Selling, General & Administrative |
0
|
0
|
(3 961)
|
(6 632)
|
(6 394)
|
(7 758)
|
(8 185)
|
(8 221)
|
(8 488)
|
(9 042)
|
(9 048)
|
(9 012)
|
(9 225)
|
(9 384)
|
(9 641)
|
(9 843)
|
(9 737)
|
(12 656)
|
(12 092)
|
(8 610)
|
(8 507)
|
(8 630)
|
(9 744)
|
(11 015)
|
(12 585)
|
(10 982)
|
(9 946)
|
(10 429)
|
(10 163)
|
(9 655)
|
(9 586)
|
(9 876)
|
(9 963)
|
(10 284)
|
(10 143)
|
(9 536)
|
(9 677)
|
(9 632)
|
(9 719)
|
(10 027)
|
(10 026)
|
|
Depreciation & Amortization |
(18 645)
|
(18 826)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
(7 904)
|
0
|
0
|
22
|
23
|
747
|
724
|
(40)
|
(18)
|
0
|
179
|
131
|
(48)
|
(19)
|
3 861
|
8 176
|
4 301
|
565
|
608
|
(6)
|
(8 965)
|
(146)
|
(281)
|
(286)
|
(625)
|
(350)
|
1 064
|
133
|
166
|
(148)
|
967
|
4 281
|
2 627
|
568
|
(595)
|
50
|
262
|
(129)
|
(390)
|
|
Operating Income |
(6 668)
N/A
|
(6 888)
-3%
|
1 238
N/A
|
9 377
+657%
|
9 185
-2%
|
10 268
+12%
|
10 423
+2%
|
10 780
+3%
|
10 858
+1%
|
10 191
-6%
|
9 666
-5%
|
9 245
-4%
|
8 510
-8%
|
7 733
-9%
|
7 503
-3%
|
7 869
+5%
|
11 693
+49%
|
17 776
+52%
|
12 795
-28%
|
6 037
-53%
|
5 458
-10%
|
3 700
-32%
|
(6 203)
N/A
|
2 151
N/A
|
2 529
+18%
|
1 829
-28%
|
1 582
-14%
|
2 276
+44%
|
4 302
+89%
|
4 278
-1%
|
4 188
-2%
|
3 482
-17%
|
4 806
+38%
|
8 289
+72%
|
6 520
-21%
|
4 755
-27%
|
4 170
-12%
|
5 424
+30%
|
5 507
+2%
|
4 700
-15%
|
3 750
-20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(813)
|
(226)
|
1 169
|
2 053
|
1 985
|
2 434
|
2 741
|
2 809
|
2 112
|
2 210
|
2 730
|
2 949
|
3 921
|
4 458
|
6 002
|
6 993
|
5 080
|
1 713
|
(586)
|
(876)
|
(864)
|
(951)
|
(1 391)
|
(383)
|
(1 487)
|
(855)
|
(528)
|
(711)
|
(741)
|
(379)
|
(1 787)
|
(2 564)
|
(5 007)
|
(5 766)
|
(3 284)
|
(893)
|
(474)
|
(1 749)
|
(993)
|
(1 608)
|
(1 339)
|
|
Non-Reccuring Items |
(1 281)
|
(9)
|
(3)
|
(684)
|
(1 440)
|
(34 421)
|
(45 510)
|
(17 055)
|
(5 210)
|
0
|
(2 143)
|
(6 962)
|
(4 819)
|
(2 345)
|
(3 294)
|
(7 194)
|
(6 756)
|
(5 207)
|
(12 059)
|
(9 535)
|
(2 172)
|
(8 670)
|
0
|
0
|
0
|
(569)
|
0
|
1 275
|
0
|
0
|
(3 495)
|
(3 525)
|
(30)
|
(1 685)
|
0
|
0
|
0
|
0
|
0
|
9 163
|
9 227
|
|
Gain/Loss on Disposition of Assets |
(42)
|
(156)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
(57)
|
(9)
|
(33)
|
(3)
|
12
|
6
|
359
|
373
|
(13)
|
(52)
|
(42)
|
(11)
|
2 830
|
3 572
|
556
|
(371)
|
(187)
|
12
|
(165)
|
(328)
|
(31)
|
(34)
|
7
|
(595)
|
(1)
|
(48)
|
(2)
|
(21)
|
(34)
|
(6)
|
(4)
|
(43)
|
(3)
|
485
|
0
|
428
|
0
|
561
|
0
|
|
Pre-Tax Income |
(8 804)
N/A
|
(7 280)
+17%
|
2 347
N/A
|
10 737
+357%
|
9 697
-10%
|
(21 722)
N/A
|
(32 334)
-49%
|
(3 459)
+89%
|
8 120
N/A
|
12 774
+57%
|
10 241
-20%
|
5 181
-49%
|
7 571
+46%
|
9 835
+30%
|
13 039
+33%
|
11 239
-14%
|
10 573
-6%
|
13 910
+32%
|
(38)
N/A
|
(4 363)
-11 382%
|
2 256
N/A
|
(6 249)
N/A
|
(7 625)
-22%
|
1 734
N/A
|
1 049
-40%
|
(190)
N/A
|
1 053
N/A
|
2 792
+165%
|
3 559
+27%
|
3 878
+9%
|
(1 128)
N/A
|
(2 613)
-132%
|
(235)
+91%
|
795
N/A
|
3 233
+307%
|
4 347
+34%
|
3 696
-15%
|
4 103
+11%
|
4 514
+10%
|
12 816
+184%
|
11 638
-9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4 634)
|
(4 536)
|
(3 258)
|
(2 738)
|
(3 341)
|
(3 490)
|
(3 388)
|
(3 575)
|
(3 608)
|
(3 196)
|
(2 825)
|
(1 402)
|
(1 047)
|
(88)
|
127
|
(1 914)
|
(2 595)
|
(2 372)
|
(1 281)
|
(590)
|
16 529
|
19 662
|
9 194
|
6 071
|
(2 924)
|
(4 937)
|
(3 558)
|
(4 764)
|
(4 229)
|
879
|
38
|
(1 496)
|
(1 467)
|
(1 250)
|
(329)
|
(3 864)
|
(3 404)
|
(1 330)
|
(1 816)
|
(481)
|
(701)
|
|
Income from Continuing Operations |
(13 438)
|
(11 815)
|
(910)
|
7 999
|
6 357
|
(25 211)
|
(35 723)
|
(7 035)
|
4 511
|
9 577
|
7 416
|
3 779
|
6 524
|
9 748
|
13 168
|
9 326
|
7 979
|
11 540
|
(1 318)
|
(4 952)
|
18 786
|
13 413
|
1 569
|
7 805
|
(1 875)
|
(5 127)
|
(2 505)
|
(1 972)
|
(670)
|
4 757
|
(1 090)
|
(4 109)
|
(1 702)
|
(455)
|
2 904
|
483
|
292
|
2 773
|
2 698
|
12 335
|
10 937
|
|
Income to Minority Interest |
(1 040)
|
(1 170)
|
(601)
|
(160)
|
(121)
|
(139)
|
(173)
|
(191)
|
(148)
|
(135)
|
(118)
|
(6)
|
60
|
31
|
47
|
115
|
110
|
(13)
|
(167)
|
(299)
|
(314)
|
(197)
|
(165)
|
(198)
|
(260)
|
(283)
|
(250)
|
(218)
|
(196)
|
(349)
|
(377)
|
(376)
|
(481)
|
(465)
|
(427)
|
(424)
|
(506)
|
(536)
|
(512)
|
(497)
|
(431)
|
|
Net Income (Common) |
(14 478)
N/A
|
(12 986)
+10%
|
(1 512)
+88%
|
9 427
N/A
|
8 101
-14%
|
(32 065)
N/A
|
(43 605)
-36%
|
(7 943)
+82%
|
4 363
N/A
|
9 443
+116%
|
7 299
-23%
|
3 773
-48%
|
6 583
+74%
|
9 778
+49%
|
13 215
+35%
|
9 441
-29%
|
8 088
-14%
|
15 648
+93%
|
5 582
-64%
|
417
-93%
|
23 956
+5 645%
|
70 261
+193%
|
56 240
-20%
|
7 279
-87%
|
(2 060)
N/A
|
(5 405)
-162%
|
(8 031)
-49%
|
(6 297)
+22%
|
(37)
+99%
|
2 439
N/A
|
(6 626)
N/A
|
(8 020)
-21%
|
(2 183)
+73%
|
(920)
+58%
|
2 477
N/A
|
59
-98%
|
(214)
N/A
|
2 237
N/A
|
2 186
-2%
|
11 838
+442%
|
10 506
-11%
|
|
EPS (Diluted) |
-0.45
N/A
|
-0.4
+11%
|
-0.04
+90%
|
0.32
N/A
|
0.26
-19%
|
-1.09
N/A
|
-1.38
-27%
|
-0.27
+80%
|
0.15
N/A
|
0.33
+120%
|
0.25
-24%
|
0.13
-48%
|
0.23
+77%
|
0.34
+48%
|
0.46
+35%
|
0.33
-28%
|
0.29
-12%
|
0.56
+93%
|
0.2
-64%
|
0.01
-95%
|
0.9
+8 900%
|
2.63
+192%
|
2.11
-20%
|
0.29
-86%
|
-0.08
N/A
|
-0.2
-150%
|
-0.28
-40%
|
-0.22
+21%
|
0
N/A
|
0.08
N/A
|
-0.24
N/A
|
-0.29
-21%
|
-0.07
+76%
|
-0.03
+57%
|
0.08
N/A
|
0
N/A
|
-0.01
N/A
|
0.08
N/A
|
0.07
-13%
|
0.43
+514%
|
0.39
-9%
|