Vodafone 2022 full year preliminary results.

The 2nd largest UK telecoms operator is Vodafone PLC.

https://www.vodafone.com

The largest and most dynamic telecoms operator is British Telecommunications PLC

https://www.bt.com

Some interesting points can be found in the results of Vodafone

https://investors.vodafone.com/sites/vodafone-ir/files/2022-05/FY22-Press-release-Final.pdf

Courtesy of Vodafone PLC

The revenues are huge. Cash in the door from the business operations.
€45,580 Million = £38,794.80 Million = £38.794 Billion

Total Debt of €41,578 Million = £35,388.60 Million = £35.3886 Billion

Courtesy of Vodafone PLC

One can see total debt of €41,578 Million, but the total debt is €53,257 Million = £45,329 Million = £45.329 Billion.

Vodafone holds liquidity of cash and near term cash assets of €7,496 Million + €4,795 Million + €1,604) = €13,895 Million = £11.8265 Billion.

Courtesy of Vodafone PLC

Now Total debt is €53,257 Million = £45,329 Million = £45.329 Billion.

Financing costs = interest payment costs are €1,964 Million = £1,671.63 Million = £1.67163 Billion.

So a rough calculation on Vodafone’s interest payment of £1,671.63 Million on the total debt of £45.329 Billion, (£1.67163 Billion / £45.329 Billion) tells us that Vodafone on average is paying approximately an interest rate of 3.68% a year on its debt. That is cheap borrowing.

Consider the facts, revenues of £38.794 Billion, interest payments of £1.67163 Billion and holding cash and near cash assets of £11.8265 Billion

VODAFONE GROUP PLC VOD Stock | London Stock Exchange

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