Vodafone Group Public Limited 20F 2012 Annual report | VOD Filing

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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	2012 £m			2011 £m			2010 £m			2009 £m			2008 £m

Financing costs per consolidated income statement		1,932			429			1,512			2,419			2,014

One third of rental expense		615			629			553			466			387

Interest capitalized		25			138			—			—			—


Fixed charges⁽²⁾		2,572			1,196			2,065			2,885			2,401


Profit/(loss) before taxation from continuing operations		9,549			9,498			8,674			4,189			9,001

Share of profit in associates		(4,963	)		(5,059	)		(4,742	)		(4,091	)		(2,876	)

Fixed charges		2,572			1,196			2,065			2,885			2,401

Dividends received from associates		4,023			1,424			1,436			647			873

Preference dividend requirements of a consolidated subsidiary		(86	)		(89	)		(86	)		(82	)		(65	)

Interest capitalized		(25	)		(138	)		—			—			—


Earnings		11,070			6,832			7,347			3,548			9,334


Ratio of earnings to fixed charges		4.3			5.7			3.6			1.2			3.9

Deficiency between fixed charges and earnings		—			—			—			—			—

Vodafone Group Public Limited (VOD) 20-F2012 FY Annual report (foreign)

Content analysis