Vodafone Group Public Limited Company (LSE:VOD) Annual Report 2021



The latest annual report of Vodafone Group Public Limited Company (VOD) was published on 31 Mar 2021. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - VOD Annual Results

Amounts in EUR

Total Revenue
43.81B
Gross Profit
13.72B
EBIT
3.42B
Net Tangible Assets
2.25B
Net Income
112M
Capital Expenditures
-5.41B

VOD Income Statement 2021 Annual Report

As per the latest Income Statement of VOD, the Net revenue decreased by €-1.165B (-3%) compared to the previous period. The operating income in 2021 decreased by €-286.00M (-8%). The net income as per the annual report was 112M which increased by €1.032B (112%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue43.81B44.97B
Gross Profit13.72B14.29B
Operating Income3.42B3.71B
Income Before Tax4.4B795M
Net Income112M-920M

Balance Sheet - VOD 2021 Annual Report

Read further: VOD Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Vodafone Group Public Limited Company showed the company reduced the cash on balance sheet by €-7.736B (-57%). The Net tangible assets of VOD on the balance sheet were at 2.25B which is €-5.146B (-70%) less than previous annual report. The total stockholder equity also decreased by €-5.606B (-9%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash5.82B13.56B
Total Assets155.06B 168.17B
Long Term Debt53.28B57.99B
Total Liabilities97.25B 105.54B
Total Shareholder Equity55.8B61.41B
Net Tangible Assets2.25B7.4B

Cash Flow Statement - VOD 2021 Annual Report

The 2021 annual cash flow statement of Vodafone Group Public Limited Company showed that the net income increased by €1.032B (112%) compared to previous reporting period. Also the capital expenditure of VOD decreased by €-231.00M (-4%).

As of 2021, the total cash from investing activities was -9.26B and total cash from financing activities was -15.2B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income112M-920M
Capital Expenditures-5.41B-5.18B
Dividends Paid-2.43B-2.3B
Total Cash From From Investing Activities-9.26B-8.09B
Total Cash From From Financing Activities-15.2B-9.35B

Vodafone Group Public Limited Company Annual Report History

Income Statement

Income Statement history of Vodafone Group Public Limited Company (LSE:VOD)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue43.81B44.97B43.67B46.57B
Cost Of Revenue30.09B30.68B30.16B32.77B
Gross Profit13.72B14.29B13.51B13.8B
Research Development----
Selling General Administrative8.87B9.62B9.3B9.13B
Non Recurring----
Other Operating Expenses1.43B961M722M-148M
Total Operating Expenses40.39B41.27B40.18B41.75B
Operating Income3.42B3.71B3.48B4.82B
Total Other Income Expense Net979M-2.91B-6.1B-943M
Ebit3.42B3.71B3.48B4.82B
Interest Expense-2.07B-2.18B-1.47B-1.15B
Income Before Tax4.4B795M-2.61B3.88B
Income Tax Expense3.86B1.25B1.5B-879M
Minority Interest2.01B1.22B1.23B967M
Net Income From Continuing Ops536M-455M-4.11B4.76B
Discontinued Operations---3.54B-1.97B
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income112M-920M-8.02B2.44B
Net Income Applicable To Common Shares112M-920M-8.02B2.44B

Balance Sheet Statement

Balance Sheet Statement history of Vodafone Group Public Limited Company (LSE:VOD)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash5.82B13.56B13.64B4.67B
Short Term Investments6.05B5.97B11.83B7.96B
Net Receivables8.67B9B9.9B8.75B
Inventory676M598M714M581M
Other Current Assets5.97B2.75B2.28B14.83B
Total Current Assets28.27B32.83B39.59B37.95B
Long Term Investments5.59B6.62B4.82B5.74B
Property Plant Equipment41.24B40.11B27.43B28.32B
Good Will31.73B31.38B23.35B26.73B
Intangible Assets21.82B22.63B17.65B16.52B
Other Assets26.41B34.59B30.02B30.34B
Deferred Long Term Asset Charges21.57B23.61B24.75B26.2B
Total Assets155.06B168.17B142.86B145.61B
Accounts Payable6.78B6.75B6.57B6.21B
Short Long Term Debt4.35B5.73B3.64B6.72B
Other Current Liab6.32B5.96B4.98B15.46B
Long Term Debt53.28B57.99B50.61B34.77B
Other Liab5.34B5.03B3.29B2.94B
Deferred Long Term Liab580M628M375M-
Minority Interest2.01B1.22B1.23B967M
Total Current Liabilities28.71B33.38B25.52B39.02B
Total Liab97.25B105.54B79.42B77B
Common Stock4.8B4.8B4.8B4.8B
Retained Earnings-121.59B-120.35B-116.72B-106.69B
Treasury Stock21.78B24.33B21.64B19.34B
Capital Surplus150.81B152.63B152.5B150.2B
Other Stockholder Equity27.95B32.13B29.52B27.8B
Total Stockholder Equity55.8B61.41B62.22B67.64B
Net Tangible Assets2.25B7.4B21.21B24.38B

Cash Flow Statement

Cash Flow Statement history of Vodafone Group Public Limited Company (LSE:VOD)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income112M-920M-8.02B2.44B
Depreciation11.89B11.97B9.79B10.41B
Change To Netincome3.22B4.2B10.63B1.61B
Change To Account Receivables582M-38M-31M-1.12B
Change To Liabilities-730M-100M739M286M
Change To Inventory-68M68M-131M-26M
Total Cash From Operating Activities17.21B17.38B12.98B13.6B
Capital Expenditures-5.41B-5.18B-5.05B-4.92B
Investments-1.61B4.54B-1.36B-2.57B
Other Cashflows From Investing Activities929M788M748M620M
Total Cashflows From Investing Activities-9.26B-8.09B-9.22B-9.84B
Dividends Paid-2.43B-2.3B-4.06B-3.92B
Net Borrowings-10.67B-3.61B8B-758M
Other Cashflows From Financing Activities-2.04B-2.63B-2.88B-810M
Total Cash From Financing Activities-15.2B-9.35B4.44B-7.23B
Effect Of Exchange Rate-255M-256M11M-433M
Change In Cash-7.5B-317M8.21B-3.91B
Repurchase Of Stock-62M-821M-475M-1.77B
Issuance Of Stock5M7M3.85B20M