Vodafone Group Public Limited Company (LSE:VOD) Annual Report 2022



The latest annual report of Vodafone Group Public Limited Company (VOD) was published on 31 Mar 2022. 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
45.58B
Gross Profit
15.01B
EBIT
5.37B
Net Tangible Assets
1.44B
Net Income
2.09B
Capital Expenditures
-5.8B

VOD Income Statement 2022 Annual Report

As per the latest Income Statement of VOD, the Net revenue increased by €1.771B (4%) compared to the previous period. The operating income in 2022 increased by €1.95B (57%). The net income as per the annual report was 2.09B which increased by €1.976B (1764%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 45.58B 43.81B
Gross Profit 15.01B 13.72B
Operating Income 5.37B 3.42B
Income Before Tax 3.95B 4.4B
Net Income 2.09B 112M

Balance Sheet - VOD 2022 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 increased the cash on balance sheet by €1.675B (29%). The Net tangible assets of VOD on the balance sheet were at 1.44B which is €-812.00M (-36%) less than previous annual report. The total stockholder equity also decreased by €-1.117B (-2%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 7.5B 5.82B
Total Assets 153.95B 155.06B
Long Term Debt 49.83B 53.28B
Total Liabilities 96.98B 97.25B
Total Shareholder Equity 54.69B 55.8B
Net Tangible Assets 1.44B 2.25B

Cash Flow Statement - VOD 2022 Annual Report

The 2022 annual cash flow statement of Vodafone Group Public Limited Company showed that the net income increased by €1.976B (1764%) compared to previous reporting period. Also the capital expenditure of VOD decreased by €-385.00M (-7%).

As of 2022, the total cash from investing activities was -6.87B and total cash from financing activities was -9.71B.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 2.09B 112M
Capital Expenditures -5.8B -5.41B
Dividends Paid -2.47B -2.43B
Total Cash From From Investing Activities -6.87B -9.26B
Total Cash From From Financing Activities -9.71B -15.2B

Vodafone Group Public Limited Company Annual Report History

Income Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 45.58B 43.81B 44.97B 43.67B
Cost Of Revenue 30.57B 30.09B 30.68B 30.16B
Gross Profit 15.01B 13.72B 14.29B 13.51B
Research Development - - - -
Selling General Administrative 9.07B 8.87B 9.62B 9.3B
Non Recurring - - - -
Other Operating Expenses 568M 1.43B 1.04B 722M
Total Operating Expenses 40.21B 40.39B 41.35B 40.18B
Operating Income 5.37B 3.42B 3.62B 3.48B
Total Other Income Expense Net -1.41B 983M -2.83B -6.1B
Ebit 5.37B 3.42B 3.62B 3.48B
Interest Expense -1.99B -2.07B -2.18B -1.47B
Income Before Tax 3.95B 4.4B 795M -2.61B
Income Tax Expense 1.33B 3.86B 1.25B 1.5B
Minority Interest 2.29B 2.01B 1.22B 1.23B
Net Income From Continuing Ops 2.62B 536M -455M -4.11B
Discontinued Operations - - - -3.54B
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 2.09B 112M -920M -8.02B
Net Income Applicable To Common Shares 2.09B 112M -920M -8.02B

Balance Sheet Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 7.5B 5.82B 13.56B 13.64B
Short Term Investments 7.23B 6.05B 5.97B 11.83B
Net Receivables 8.63B 8.67B 9B 9.9B
Inventory 836M 676M 598M 714M
Other Current Assets 3.47B 5.97B 2.75B 2.28B
Total Current Assets 28.54B 28.27B 32.83B 39.59B
Long Term Investments 5.34B 5.59B 6.62B 4.82B
Property Plant Equipment 40.8B 41.24B 40.11B 27.43B
Good Will 31.88B 31.73B 31.38B 23.35B
Intangible Assets 21.36B 21.82B 22.63B 17.65B
Other Assets 26.03B 26.41B 34.59B 30.02B
Deferred Long Term Asset Charges 19.09B 21.57B 23.61B 24.75B
Total Assets 153.95B 155.06B 168.17B 142.86B
Accounts Payable 7.37B 6.78B 6.75B 6.57B
Short Long Term Debt 4.61B 4.35B 5.73B 3.64B
Other Current Liab 6.99B 6.32B 5.96B 4.98B
Long Term Debt 49.83B 53.28B 57.99B 50.61B
Other Liab 3.69B 5.34B 5.03B 3.29B
Deferred Long Term Liab 630M 580M 628M 375M
Minority Interest 2.29B 2.01B 1.22B 1.23B
Total Current Liabilities 33.65B 28.71B 33.38B 25.52B
Total Liab 96.98B 97.25B 105.54B 79.42B
Common Stock 4.8B 4.8B 4.8B 4.8B
Retained Earnings -122.12B -121.59B -120.35B -116.72B
Treasury Stock 22.99B 21.78B 24.33B 21.64B
Capital Surplus 149.02B 150.81B 152.63B 152.5B
Other Stockholder Equity 30.27B 27.95B 32.13B 29.52B
Total Stockholder Equity 54.69B 55.8B 61.41B 62.22B
Net Tangible Assets 1.44B 2.25B 7.4B 21.21B

Cash Flow Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 2.09B 112M -920M -8.02B
Depreciation 11.62B 11.89B 14.17B 9.79B
Change To Netincome 2.56B 3.22B 4.2B 10.63B
Change To Account Receivables -638M 582M -38M -31M
Change To Liabilities 384M -730M -100M 739M
Change To Inventory -162M -68M 68M -131M
Total Cash From Operating Activities 18.08B 17.21B 17.38B 12.98B
Capital Expenditures -5.8B -5.41B -5.18B -5.05B
Investments 1.27B -1.61B 4.54B -1.36B
Other Cashflows From Investing Activities 885M 929M 788M 748M
Total Cashflows From Investing Activities -6.87B -9.26B -8.09B -9.22B
Dividends Paid -2.47B -2.43B -2.3B -4.06B
Net Borrowings -2.7B -10.67B -3.61B 8B
Other Cashflows From Financing Activities -2.45B -2.04B -2.63B -2.88B
Total Cash From Financing Activities -9.71B -15.2B -9.35B 4.44B
Effect Of Exchange Rate 74M -255M -256M 11M
Change In Cash 1.58B -7.5B -317M 8.21B
Repurchase Of Stock -2.09B -62M -821M -475M