Re Financial Information
Vodafone Group PLC
5 November 2001
5 November 2001
FINANCIAL INFORMATION TO BE PRESENTED IN NEW REGIONAL FORMAT
Following the introduction of Vodafone Group Plc's ('Vodafone') new regional
operating structure on 1 April 2001, its forthcoming Interim Financial Results
for the six months ended 30 September 2001 will contain a geographic analysis
of certain financial information which reflects this new structure. The
relevant comparative financial information for the year ended 31 March 2001
and the six months ended 30 September 2000 has been restated to reflect this
new structure and has been provided in the attached appendix solely for the
purpose of aiding comparison with the Interim Financial Results, due to be
announced on 13 November 2001.
- ends -
For further information contact:
Vodafone Group Plc
Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Head of Group Investor Relations
Darren Jones, Senior Investor Relations Manager
Jon Earl, Investor Relations Manager
Tel: +44 (0) 1635 673310
Tavistock Communications
Lulu Bridges/John West
Tel: +44 (0) 20 7600 2288
APPENDIX
Statutory financial information Six months to Year ended
30 September 31 March
2000(1) 2001(2)
£m £m
Group turnover
Mobile telecommunications:
Northern Europe 2,182 4,511
Central Europe 1,964 4,031
Southern Europe 1,932 4,479
Europe 6,078 13,021
Americas 3 9
Asia Pacific 341 713
Middle East and Africa 147 308
6,569 14,051
Other operations: 450 953
7,019 15,004
Total Group operating profit/(loss)
(before goodwill and exceptional items)
Mobile telecommunications:
Northern Europe 596 1,284
Central Europe 434 1,097
Southern Europe 693 1,449
Europe 1,723 3,830
Americas 584 1,237
Asia Pacific 122 205
Middle East and Africa 99 213
2,528 5,485
Other operations: (108) (281)
2,420 5,204
Notes
(1) Financial information extracted from the interim results for the six
months ended 30 September 2000, which were approved by the Board of Directors
of Vodafone on 14 November 2000, as restated to reflect the new segmental
basis. The interim results do not constitute statutory results within the
meaning of section 240 of the Companies Act 1985.
(2) Financial information extracted from the Annual Report & Accounts for the
year ended 31 March 2001, as restated to reflect the new segmental basis.
Full accounts for the year ended 31 March 2001, incorporating an unqualified
audit report, have been filed with the Registrar of Companies.
Proportionate financial information Six months to Year ended
30 September 31 March
2000(1) 2001(1)
£m £m
Proportionate turnover
Mobile telecommunications:
Northern Europe 2,582 5,357
Central Europe 2,115 4,323
Southern Europe 1,612 3,521
Europe 6,309 13,201
Americas 2,414 5,008
Asia Pacific 1,234 2,771
Middle East and Africa 213 448
10,170 21,428
Other operations 372 802
10,542 22,230
Proportionate EBITDA(2)
Mobile telecommunications:
Northern Europe 785 1,674
Central Europe 624 1,478
Southern Europe 673 1,450
Europe 2,082 4,602
Americas 815 1,627
Asia Pacific 285 587
Middle East and Africa 100 227
3,282 7,043
Other operations 6 (27)
Proportionate EBITDA(2) 3,288 7,016
Less: depreciation and amortisation, excluding
goodwill (1,078) (2,234)
Mobile telecommunications 2,302 5,019
Other operations (92) (237)
Proportionate total Group operating
profit before goodwill and exceptional items 2,210 4,782
Notes
(1) Financial information is stated on a pro forma basis for the acquisition
of Mannesmann, and has been presented in accordance with the new segmental
basis.
(2) Proportionate EBITDA (earnings before interest, tax, depreciation and
amortisation) is defined as operating profit before exceptional items plus
depreciation and amortisation of subsidiary undertakings, joint ventures,
associated undertakings and investments, proportionate to equity stakes.
Proportionate EBITDA represents the Group's ownership interests in the
respective entities' EBITDA. As such, proportionate EBITDA does not represent
EBITDA available to the Group.