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Provisions (Tables)
12 Months Ended
Mar. 31, 2021
Provisions  
Schedule of Provisions

 

 

 

 

 

 

 

 

 

 

 

 

    

Asset

    

 

    

 

    

 

    

 

 

 

retirement

 

Legal and

 

 

 

 

 

 

 

 

obligations

 

regulatory

 

Restructuring

 

Other

 

Total

 

 

€m

 

€m

 

€m

 

€m

 

€m

31 March 2019

 

757

 

507

 

434

 

619

 

2,317

Exchange movements

 

(16)

 

(2)

 

(2)

 

 5

 

(15)

Acquisition of subsidiaries

 

56

 

18

 

33

 

71

 

178

Disposal of subsidiaries

 

(69)

 

 —

 

(4)

 

(2)

 

(75)

Amounts capitalised in the year

 

270

 

 —

 

 —

 

 —

 

270

Amounts charged to the income statement

 

 —

 

122

 

549

 

163

 

834

Utilised in the year − payments

 

(34)

 

(98)

 

(452)

 

(127)

 

(711)

Amounts released to the income statement

 

(9)

 

(45)

 

(13)

 

(199)

 

(266)

31 March 20201

 

955

 

502

 

545

 

530

 

2,532

Exchange movements

 

 6

 

(11)

 

 4

 

 7

 

 6

Acquisition of subsidiaries

 

 6

 

 —

 

 —

 

 —

 

 6

Amounts capitalised in the year

 

294

 

 —

 

 —

 

 —

 

294

Amounts charged to the income statement

 

 —

 

138

 

153

 

167

 

458

Utilised in the year − payments

 

(32)

 

(54)

 

(243)

 

(175)

 

(504)

Amounts released to the income statement

 

(7)

 

(47)

 

(33)

 

(66)

 

(153)

31 March 2021

 

1,222

 

528

 

426

 

463

 

2,639

 

Note:

1

The comparative balances as at 31 March 2020 have been re-presented to reflect that Vodafone Egypt is no longer held for sale. See Note 7 “Discontinued operations and assets and liabilities held for sale”. The impact of the re-presentation is to increase non-current provisions by €5 million and current provisions by €29 million, respectively, compared to amounts previously reported.

 

Schedule of Provisions analysed between current and non-current

 

31 March 2021

 

 

 

 

 

 

 

 

 

 

 

 

    

Asset

    

 

    

 

    

 

    

 

 

 

retirement

 

Legal and

 

 

 

 

 

 

 

 

obligations

 

regulatory

 

Restructuring

 

Other

 

Total

 

 

€m

 

€m

 

€m

 

€m

 

€m

Current liabilities

 

43

 

273

 

353

 

223

 

892

Non-current liabilities

 

1,179

 

255

 

73

 

240

 

1,747

 

 

1,222

 

528

 

426

 

463

 

2,639

 

31 March 2020

 

 

 

 

 

 

 

 

 

 

 

 

    

Asset

    

 

    

 

    

 

    

 

 

 

retirement

 

Legal and

 

 

 

 

 

 

 

 

obligations

 

regulatory

 

Restructuring

 

Other

 

Total

 

 

€m

 

€m

 

€m

 

€m

 

€m

Current liabilities

 

23

 

319

 

415

 

296

 

1,053

Non-current liabilities

 

932

 

183

 

130

 

234

 

1,479

 

 

955

 

502

 

545

 

530

 

2,532