Vodafone Group Public Limited Company (VOD)

Vodafone Group Cash Flow Statement

Financials in millions EUR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	-3,899	-3,724	1,570	12,582	2,773	483
Depreciation & Amortization	11,526	10,804	10,414	10,255	13,845	14,101
Stock-Based Compensation	38	68	98	58	173	146
Other Adjustments	3,173	7,399	1,789	-7,869	2,631	3,721
Change in Receivables	-185	-774	-597	-486	-638	582
Changes in Inventories	249	134	177	-168	-162	-68
Changes in Accounts Payable	115	710	534	1,446	384	-730
Changes in Income Taxes Payable	-1,016	-901	-724	-1,228	-925	-1,020
Changes in Other Operating Activities	567	1,657	3,296	3,464	-	-
Operating Cash Flow	14,821	15,373	16,557	18,054	18,081	17,215
Operating Cash Flow Growth	-11.02%	-7.15%	-8.29%	-0.15%	5.03%	-0.94%
Capital Expenditures	-4,595	-4,324	-4,219	-4,957	-5,798	-5,413
Sale of Property, Plant & Equipment	17	9	15	90	33	43
Purchases of Intangible Assets	-2,320	-2,375	-2,641	-2,799	-3,262	-3,227
Purchases of Investments	-2,862	-3,499	-1,233	-766	-2,009	-3,726
Proceeds from Sale of Investments	1,940	737	1,931	1,647	3,282	1,704
Payments for Business Acquisitions	18	-9	-	-	-	-136
Proceeds from Business Divestments	7,643	11,221	-67	6,976	-	157
Other Investing Activities	577	2,999	92	-570	886	1,336
Investing Cash Flow	418	4,759	-6,122	-379	-6,868	-9,262
Short-Term Debt Issued	-648	78	-1,636	3,171	3,002	-2,791
Net Short-Term Debt Issued (Repaid)	-648	78	-1,636	3,171	3,002	-2,791
Long-Term Debt Issued	4,853	4,680	1,533	4,071	2,548	4,359
Long-Term Debt Repaid	-13,534	-12,963	-8,970	-10,501	-8,248	-12,237
Net Long-Term Debt Issued (Repaid)	-8,681	-8,283	-7,437	-6,430	-5,700	-7,878
Issuance of Common Stock	-	3	3	10	-	5
Repurchase of Common Stock	-1,962	-1,868	-	-1,867	-2,087	-62
Net Common Stock Issued (Repurchased)	-1,962	-1,865	3	-1,857	-2,087	-57
Common Dividends Paid	-1,144	-1,787	-2,430	-2,484	-2,474	-2,427
Other Financing Activities	-2,431	-3,421	-4,355	-5,830	-2,447	-2,043
Financing Cash Flow	-14,863	-15,278	-15,855	-13,430	-9,706	-15,196
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-246	-75	-94	12	74	-255
Net Cash Flow	130	4,779	-5,514	4,257	1,581	-7,498
Free Cash Flow	10,226	11,049	12,338	13,097	12,283	11,802
Free Cash Flow Growth	-7.45%	-10.45%	-5.79%	6.63%	4.08%	-3.24%
FCF Margin	26.37%	29.50%	33.60%	34.77%	33.19%	26.94%
Free Cash Flow Per Share	4.08	4.23	4.54	4.72	4.22	3.98
Levered Free Cash Flow	-6,887	-4,294	1,545	17,391	6,883	-3,740
Unlevered Free Cash Flow	5,182	7,044	13,030	22,719	10,924	7,440

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q