Form 6-K

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

Report of Foreign Private Issuer

 

Pursuant to Rules 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

Dated July 25, 2005

 

VODAFONE GROUP

PUBLIC LIMITED COMPANY

(Exact name of registrant as specified in its charter)

 

 

VODAFONE HOUSE, THE CONNECTION, NEWBURY, BERKSHIRE, RG14 2FN, ENGLAND

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

 

Form 20-F__ü___

Form 40-F_____

 

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

 

Yes______

No__ü___

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82_______________

 


 

This Report on Form 6-K contains a news release issued by Vodafone Group Plc on July 25, 2005, entitled “VODAFONE REACHES 165 MILLION PROPORTIONATE CUSTOMERS”.

 


 

25 July 2005

 

VODAFONE REACHES 165 MILLION PROPORTIONATE CUSTOMERS

 

 

Vodafone Group Plc (“Vodafone”) announces today key performance indicators, presented under IFRS, for the quarter ended 30 June 2005.  The main highlights are:

 

                  Organic growth of 8.6% in proportionate mobile revenues year on year

 

                  Strong growth in customers with over 4.1 million organic net additions, 35% higher than for the same period last year

 

                  Total proportionate customer base now over 165 million, representing organic growth of 12.3% year on year, and including an additional 6 million customers added in Romania and the Czech Republic through the closing of the TIW transaction

 

                  Additional 1.1 million registered 3G devices, including 1 million consumer 3G devices.  Total 3G devices now at 3.3 million, with 2.9 million consumer 3G devices

 

                  Vodafone continuing to differentiate with the launch of several new propositions, including Vodafone Simply and Vodafone Travel Promise

 

                  Over 1.3 billion shares repurchased in the financial year to date at a cost of £1.9 billion

 

Arun Sarin, Chief Executive of Vodafone, commented:

 

“We have seen strong performances across Europe and in the US, and we continue to focus on improving our business in Japan.  3G is building momentum with over one million more registered devices in the quarter.

 

Vodafone has delivered another impressive quarter of customer growth, with 4.1 million organic net additions.  Our proportionate customer base, now over 165 million, has seen organic growth of 12.3% from a year ago.  Proportionate mobile revenues were also strong and delivered 8.6% organic growth year on year.

 

Overall these KPIs are in line with our expectations and we are therefore reiterating our guidance for the full year to March 2006.”

 


 

Germany

 

Vodafone Germany delivered a quarter of strong customer growth with 497,000 net additions, taking the total base to 27.7 million, 8.8% higher year on year.  Blended annual churn was stable compared to that at March, with a small improvement in contract offset by a slight increase in prepaid.

 

Blended annual ARPU for the year to June was €295 compared to €299 for the year to March. The impact of lower spending new customers, as well as the effect of termination rate reductions, continues to offset ARPU increases from minute bundle plans and new services.

 

Strong customer growth was the primary driver behind the 4.1% increase in service revenue for the quarter compared to the same quarter last year. Non-voice service revenue increased by 11.7% year on year, including an 83% increase in non-messaging data revenue, with Vodafone live! users increasing to 5.2 million and registered 3G devices exceeding 0.5 million.

 

Net acquisition and retention costs as a percentage of service revenue in the quarter were lower than the same period last year and the quarter to March due to a higher proportion of lower spending, and therefore lower subsidy, customer additions.

 

 

Italy

 

Proportionate net customer additions were 204,000 in the quarter.  The total proportionate customer base was 17.5 million at the end of June, 6.4% higher year on year on an organic basis.  Blended annual ARPU increased to €360 for the year to June compared to €359 for the year to March.  Annual churn increased slightly when compared to March.

 

Service revenue for the quarter increased 6.5% compared to the same period last year, with continued customer growth being the primary driver.  Non-voice service revenue increased by 18.4% year on year, including 50.7% growth in non-messaging data revenue.  Successful promotions and further penetration of Vodafone live! users, now at 2.5 million on a proportionate basis, have contributed to this growth.  Of the Group’s European operations, Vodafone Italy has the highest number of 3G devices registered on its network at over 0.7 million on a proportionate basis.

 

Net acquisition and retention costs as a percentage of service revenue in the quarter were higher than the same period last year and the quarter to March, reflecting the increase in competitive activity in the Italian market and a particular focus on attracting and retaining high value customers.  However, these costs still remain at very low levels when compared to the rest of the Group.

 

United Kingdom

 

Vodafone UK regained momentum in the quarter with 165,000 net customers added, taking the total base to 15.5 million customers, an increase of 8.9% year on year.  Annual churn increased slightly compared to March, driven in large part by an increase in prepaid churn.  Blended annual ARPU

 

2


 

reduced to £300 from £306 for the year to June compared to the year to March, principally due to the impact of the reduction in incoming call termination rates.

 

The growth in average customers was substantially offset by the fall in ARPU resulting in service revenue growth of 0.6% for the quarter when compared to the same quarter last year. Excluding the effect of the reduction in termination rates, service revenue grew by 4.5%.  Non-voice service revenue increased by 11.9% year on year, including a 50.7% increase in non-messaging data revenue.  Vodafone live!, with users now at 3.7 million, and Vodafone Mobile Connect were the drivers behind this strong growth.

 

Net acquisition and retention costs as a percentage of service revenue in the quarter were higher than the same period last year and the quarter to March due to increased customer growth and upgrade activity.

 

Japan

 

The closing proportionate customer base in Japan was 14.6 million.  Vodafone Japan recorded positive net additions of 5,000 in June, but a net reduction of 72,000 for the quarter.  Annual churn levels fell slightly compared to March, benefiting from the continued investment in customer retention activities and the introduction of new price plans and promotions.

 

Blended annual ARPU fell to ¥73,034 for the year to June from ¥73,780 for the year to March, reflecting the competition in the market.  The rate of ARPU decline has reduced, driven by an improving mix of customers who have been acquired compared to those who have churned.

 

Service revenue for the quarter decreased by 4.1% compared to the same quarter last year, primarily due to the fall in ARPU.  Non-voice service revenue was stable year on year, having declined in each quarter of the previous financial year.  This was primarily due to the increasing 3G customer base, with higher data usage, that has reached nearly 1.2 million.

 

Net acquisition and retention costs as a percentage of service revenue in the period were higher than the same quarter last year but were lower than in the quarter to March.   This is primarily due to retention costs being higher year on year, albeit at a lower level than the prior quarter.

 

Spain

 

Vodafone Spain continued to perform very strongly, adding a further 368,000 net customers in the quarter to June.  At the end of June, the total customer base stood at 11.8 million customers, an increase of 18.9% year on year.  The proportion of contract customers in the base continues to increase and churn has improved both quarter on quarter and year on year.

 

Blended annual ARPU increased to €421 for the year to June from €414 for to the year to March, benefiting from the focus on high value customers.

 

3


 

The strong growth in customers and ARPU generated service revenue growth of 26.2% year on year.  Service revenue growth has now exceeded 20% year on year for six successive quarters.  Voice revenues increased by 24% year on year, driven by an improving customer mix and higher usage.  Non-voice service revenue increased by 42.1% year on year, with messaging revenue increasing by over 30% and non-messaging data revenue more than doubling.

 

Vodafone live! users increased by over 500,000 in the quarter to reach a total of 3.5 million, representing the highest penetration, as a percentage of total customers, of Vodafone live! in the Group.

 

Notwithstanding the continued strong growth and focus on high value customers, net acquisition and retention costs as a percentage of service revenue in the period were lower than both the same quarter last year and the quarter to March.

 

Other Mobile Operations

 

The Group has 13 other subsidiaries, which increased from 11 at March with the inclusion of Romania and the Czech Republic.

 

MobiFon in Romania increased its venture customer base to over 5.2 million in the quarter, more than 28% higher year on year.  In the Czech Republic, Oskar increased its venture customer base to more than 1.9 million, representing growth of over 16% year on year.

 

On a proportionate basis, the Group’s other subsidiaries delivered organic growth in customers of 14.8% and in service revenue of 6.7%, with particularly strong service revenue performances in Egypt and Hungary, both growing in excess of 20%, and New Zealand which recorded double digit growth.

 

Vodacom in South Africa produced proportionate net additions of 574,000, bringing the proportionate closing base to 5.7 million, over 35% higher year on year on an organic basis.  Vodacom launched Vodafone live! with 3G in April.

 

Verizon Wireless recorded net additions of over 1.9 million, the highest level since its formation in April 2000, with the Group’s proportionate share at 850,000.

 

In France, the Group’s proportionate share of SFR’s customer base increased to 7.1 million, representing organic growth of 8% year on year.  On a proportionate basis, SFR has 1.3 million registered Vodafone live! customers and over 130,000 Vodafone live! with 3G registered devices.

 

 

- ends -

 

4


 

For further information:

 

Vodafone Group

Simon Lewis, Group Corporate Affairs Director

Tel:  +44 (0) 1635 673310

 

Investor Relations

Media Relations

Charles Butterworth

Bobby Leach

Darren Jones

Ben Padovan

Sarah Moriarty

 

Tel: +44 (0) 1635 673310

Tel: +44 (0) 1635 673310

 

 

Notes to editors

 

(1)              The guidance for the year to March 2006 is contained in Vodafone’s Preliminary Results Announcement for the year ended 31 March 2005 in which there is a discussion of forward-looking statements and the risks associated with them.

 

(2)              At the country level, service revenue growth is calculated in local currency and before the elimination of intercompany revenue.  At the Group and Other Mobile Operations levels, service revenue growth is calculated at constant exchange rates and after the elimination of intercompany revenue.

 

(3)              Vodafone, Vodafone live!, Vodafone Simply and Vodafone Mobile Connect are trademarks of the Vodafone Group.

 

(4)              References in this press release to “June” and “March” shall, unless the context requires otherwise, be deemed to be references to 30 June 2005 and 31 March 2005 respectively.

 

5


 

VODAFONE GROUP PLC – MOBILE TELECOMMUNICATIONS BUSINESSES

 

PROPORTIONATE CUSTOMERS – 1 APRIL 2005 TO 30 JUNE 2005

 

COUNTRY

PERCENTAGE
OWNERSHIP(1)

AT 1 APRIL
2005

NET ADDITIONS

OTHER
MOVEMENTS(2)

AT 30 JUNE
2005

 

PREPAID(3)

 

 

 

 

 

 

 

 

 

 

(%)

 

(‘000s)

(‘000s)

(‘000s)

(‘000s)

 

(%)

 

 

 

 

 

 

 

 

 

Principal Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Germany

100.0%

 

27,223

497

-

27,720

 

52%

Italy(2)(5)

76.9%

 

17,280

204

15

17,499

 

92%

Japan

97.7%

 

14,692

(72)

-

14,620

 

11%

Spain

100.0%

 

11,472

368

-

11,840

 

52%

UK

100.0%

 

15,324

165

-

15,489

 

61%

 

 

 

 

 

 

 

 

 

 

 

 

85,991

1,162

15

87,168

 

 

 

 

 

 

 

 

 

 

Other Subsidiaries

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Albania

99.9%

 

648

22

-

670

 

97%

Australia

100.0%

 

2,731

160

-

2,891

 

71%

Czech Republic(2)

99.9%

 

-

19

1,930

1,949

 

50%

Egypt

50.1%

 

2,072

183

-

2,255

 

86%

Greece

99.8%

 

3,996

164

-

4,160

 

66%

Hungary

100.0%

 

1,735

62

-

1,797

 

75%

Ireland

100.0%

 

1,952

29

-

1,981

 

73%

Malta

100.0%

 

167

3

-

170

 

90%

Netherlands

99.9%

 

3,789

71

-

3,860

 

56%

New Zealand

100.0%

 

1,891

38

-

1,929

 

78%

Portugal

100.0%

 

3,586

77

-

3,663

 

78%

Romania(2)

99.1%

 

-

105

5,098

5,203

 

65%

Sweden

100.0%

 

1,541

(17)

-

1,524

 

37%

 

 

 

 

 

 

 

 

 

 

 

 

24,108

916

7,028

32,052

 

 

 

 

 

 

 

 

Other Joint Ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiji

49.0%

 

76

4

-

80

 

93%

Kenya

35.0%

 

879

97

-

976

 

98%

Poland

19.6%

 

1,443

102

-

1,545

 

54%

Romania(2)

-

 

1,010

-

(1,010)

-

 

-

South Africa

35.0%

 

5,087

574

-

5,661

 

88%

 

 

 

 

 

 

 

 

 

 

 

 

8,495

777

(1,010)

8,262

 

 

 

 

 

 

 

 

 

 

 

Associates & Investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Belgium

25.0%

 

1,073

4

-

1,077

 

60%

China

3.3%

 

6,994

324

-

7,318

 

73%

France

43.9%

 

7,011

90

-

7,101

 

45%

Switzerland

25.0%

 

993

15

-

1,008

 

37%

United States(2)(4)

44.4%

 

20,173

850

2

21,025

 

5%

 

 

 

36,244

1,283

2

37,529

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

154,838

4,138

6,035

165,011

 

61%

 

(1)                  All ownership percentages are stated as at 30 June 2005 and exclude options, warrants or other rights or obligations of the Group to increase or decrease ownership in any venture.  Ownership interests have been rounded to the nearest tenth of one percent.

 

(2)                  Other movements for the quarter to 30 June 2005 represents a stake increase of 0.1% in Vodafone Italy from 76.8% to 76.9%, the acquisition of 99.9% of the share capital of Oskar Mobil a.s. in the Czech Republic, the acquisition of local network operators by Verizon Wireless and a stake increase of 79.0% in MobiFon S.A. in Romania from 20.1% to 99.1%. At 1 April 2005, MobiFon S.A. was a joint venture and, following the stake increase, is now a subsidiary.

 

(3)                  Prepaid customer percentages are calculated on a venture basis.  At 30 June 2005, there were 450.9 million total venture customers.

 

(4)                  The Group’s ownership in Verizon Wireless is 45.0%. However, the Group’s proportionate customer base has been adjusted for Verizon Wireless’s proportionate ownership of its customer base across all its network interests of approximately 98.6% at 30 June 2005.  In the absence of acquired interests, this proportionate ownership will vary slightly from quarter to quarter depending on the underlying mix of net additions across each of these networks.

 

(5)                  Under IFRS, Vodafone Italy is treated as a joint venture.

 

6


 

VODAFONE GROUP PLC – MOBILE TELECOMMUNICATIONS BUSINESSES

 

VODAFONE LIVE! ACTIVE DEVICES

 

COUNTRY

AT 1 APRIL 2005
(‘000s)

NET ADDITIONS
(‘000s)

AT 30 JUNE 2005
(‘000s)

Principal Markets

 

 

 

Germany

4,845

344

5,189

Italy(1)

2,113

432

2,545

Japan

12,845

(67)

12,778

Spain

2,992

519

3,511

UK

3,443

295

3,738

 

26,238

1,523

27,761

Other Subsidiaries and Joint Ventures

3,988

638

4,626

Group Statutory Total(1)

30,226

2,161

32,387

 

The table above only includes Vodafone live! customers in the Group’s subsidiary and joint venture undertakings. There were an additional 3.8 million registered Vodafone live! venture customers in our associated undertakings at 30 June 2005 (31 March 2005: 3.2 million).

 

(1)               The Group previously reported 30,864,000 Vodafone live! active devices at 31 March 2005. Under IFRS, Vodafone Italy is now treated as a joint venture in which the Group had a 76.8% ownership interest at 31 March 2005. The figures in the table above represent the Group’s pro-rata share of Vodafone live! active devices in Vodafone Italy. This has resulted in a reduction to the comparative figure at 1 April 2005 of 638,000 compared to the figure previously reported. The Group’s other joint ventures did not offer the Vodafone live! service at 31 March 2005.

 

3G DEVICES

 

COUNTRY

AT 1 APRIL 2005
(‘000s)

NET ADDITIONS
(‘000s)

AT 30 JUNE 2005
(‘000s)

Principal Markets

 

 

 

Germany

358

170

528

Italy(1)

511

209

720

Japan(2)

798

371

1,169

Spain

88

72

160

UK

190

92

282

 

1,945

914

2,859

Other Subsidiaries and Joint Ventures

253

146

399

Group Statutory Total(1)

2,198

1,060

3,258

 

(1)               The Group previously reported 2,352,000 3G devices at 31 March 2005. Under IFRS, Vodafone Italy is now treated as a joint venture in which the Group had a 76.8% ownership interest at 31 March 2005. The figures in the table above represent the Group’s pro-rata share of 3G devices in Vodafone Italy. This has resulted in a reduction to the comparative figure at 1 April 2005 of 154,000 compared to the figure previously reported. The Group’s other joint ventures did not have any 3G devices at 31 March 2005.

 

(2)               The number of 3G devices in Japan reported in the table above excludes 130,000 devices (31 March 2005: 119,000) which use the 3G network but are not capable of accessing 3G data services.

 

7


 

VODAFONE GROUP PLC – MOBILE TELECOMMUNICATIONS BUSINESSES

 

MONTHLY REGISTERED BLENDED ARPU FOR THE 15 MONTHS TO 30 JUNE 2005

 

COUNTRY

 

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Germany

EUR

25.0

25.5

25.8

26.4

25.9

25.7

25.5

24.6

24.5

23.7

21.9

24.5

24.0

24.4

24.6

Italy(1)

EUR

29.9

30.1

30.8

31.0

29.6

30.2

30.3

28.9

31.2

29.2

27.1

30.9

29.4

30.8

30.9

Japan

JPY

6,300

6,150

6,150

6,470

6,380

6,210

6,280

5,970

6,200

5,870

5,650

6,140

5,970

5,940

5,940

Spain

EUR

32.9

33.9

35.4

38.5

36.4

35.2

34.8

32.6

35.1

33.6

31.4

34.9

34.8

36.2

37.4

UK

GBP

25.3

27.8

26.8

27.3

26.8

25.8

25.6

24.6

24.4

24.1

22.9

25.4

24.4

24.5

24.9

 

ARPU INFORMATION FOR THE 12 MONTH PERIOD TO 30 JUNE 2005

 

COUNTRY

CURRENCY

REGISTERED
PREPAID

REGISTERED
CONTRACT

REGISTERED
TOTAL

 

 

 

 

 

Principal Markets

 

 

 

 

 

 

 

 

 

Germany

EUR

115

477

295

Italy(1)

EUR

306

921

360

Japan

JPY

30,253

77,573

73,034

Spain

EUR

183

690

421

UK

GBP

121

559

300

 

 

 

 

 

Other Subsidiaries

 

 

 

 

 

 

 

 

Albania

ALL

19,659

287,283

28,236

Australia

AUD

320

1,054

595

Czech Republic

CZK

3,952

11,881

7,723

Egypt

EGP

785

3,142

1,188

Greece

EUR

195

785

394

Hungary

HUF

39,866

139,615

62,484

Ireland

EUR

379

1,199

609

Malta

MTL

91

877

166

Netherlands

EUR

141

841

447

New Zealand

NZD

326

1,726

625

Portugal

EUR

187

704

326

Romania

USD

67

330

167

Sweden

SEK

678

5,509

3,759

 

HISTORIC ARPU INFORMATION

 

 

 

TOTAL ARPU FOR THE 12 MONTH PERIOD TO

COUNTRY

 

30 JUNE
2004(2)

30 SEPTEMBER
2004(2)

31 DECEMBER
2004(2)

31 MARCH
2005(2)

30 JUNE
2005

 

 

 

 

 

 

 

Principal Markets

 

 

 

 

 

 

Germany

EUR

309

305

303

299

295

Italy(1)

EUR

362

360

360

359

360

UK

GBP

314

318

314

306

300

Japan

JPY

78,365

76,590

75,133

73,780

73,034

Spain

EUR

389

400

408

414

421

 

(1)               Under IFRS, Vodafone Italy is treated as a joint venture.

 

(2)               There are no changes to the comparative ARPU figures calculated in accordance with IFRS and those previously reported under UK GAAP.

 

8


 

VODAFONE GROUP PLC – MOBILE TELECOMMUNICATIONS BUSINESSES

 

NON-VOICE SERVICES AS A PERCENTAGE OF SERVICE REVENUE

 

 

12 MONTH PERIOD TO 30 JUNE 2005

 

COUNTRY

MESSAGING

 

DATA

 

TOTAL

 

 

 

 

 

 

 

 

Principal Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

Germany

14.9%

 

3.5%

 

18.4%

 

 

 

 

 

 

 

 

Italy

13.2%

 

1.8%

 

15.0%

 

 

 

 

 

 

 

 

Japan

6.5%

 

15.3%

 

21.8%

 

 

 

 

 

 

 

 

Spain

11.6%

 

2.4%

 

14.0%

 

 

 

 

 

 

 

 

UK

15.4%

 

3.5%

 

18.9%

 

 

 

 

 

 

 

 

Group Statutory Total

12.1%

 

4.8%

 

16.9%

 

 

NON-VOICE SERVICES AS A PERCENTAGE OF SERVICE REVENUE - HISTORY

 

 

 

12 MONTH PERIOD TO

 

COUNTRY

 

30 JUNE
2004
(1)

 

30 SEPTEMBER
2004
(1)

 

31 DECEMBER
2004
(1)

 

31 MARCH 
2005
(1)

 

30 JUNE
2005

 

 

 

 

 

 

 

 

 

 

 

 

 

Principal Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Germany

 

17.4%

 

17.6%

 

17.7%

 

18.1%

 

18.4%

 

 

 

 

 

 

 

 

 

 

 

 

 

Italy

 

13.5%

 

14.1%

 

14.4%

 

14.6%

 

15.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

Japan

 

21.9%

 

21.8%

 

21.4%

 

21.5%

 

21.8%

 

 

 

 

 

 

 

 

 

 

 

 

 

Spain

 

11.8%

 

12.4%

 

13.1%

 

13.7%

 

14.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

UK

 

16.6%

 

17.3%

 

17.9%

 

18.4%

 

18.9%

 

 

 

 

 

 

 

 

 

 

 

 

 

Group Statutory Total(1)

 

16.0%

 

16.3%

 

16.4%

 

16.7%

 

16.9%

 

 

(1)          Comparative Group Statutory Total figures have been restated to reflect the change from UK GAAP to IFRS at 30 June 2004, 30 September 2004, 31 December 2004 and 31 March 2005 from 16.3%, 16.5%, 16.7% and 17.0% to 16.0%, 16.3%, 16.4% and 16.7%, respectively.

 

ACTIVE CUSTOMER INFORMATION

 

 

 

ACTIVE CUSTOMERS AT

 

COUNTRY

 

30 JUNE
2004
(2)

 

30 SEPTEMBER
2004
(2)

 

31 DECEMBER
2004
(2)

 

31 MARCH
2005
(2)

 

30 JUNE
2005

 

 

 

 

 

 

 

 

 

 

 

 

 

Principal Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Germany

 

93%

 

92%

 

92%

 

91%

 

90%

 

 

 

 

 

 

 

 

 

 

 

 

 

Italy

 

92%

 

92%

 

92%

 

92%

 

92%

 

 

 

 

 

 

 

 

 

 

 

 

 

Japan

 

97%

 

97%

 

97%

 

96%

 

97%

 

 

 

 

 

 

 

 

 

 

 

 

 

Spain

 

97%

 

92%

 

92%

 

93%

 

93%

 

 

 

 

 

 

 

 

 

 

 

 

 

UK

 

91%

 

91%

 

90%

 

89%

 

89%

 

 

 

 

 

 

 

 

 

 

 

 

 

Group Statutory Total(1)(2)

 

93%

 

92%

 

92%

 

92%

 

91%

 

 

(1)          An active customer is defined as one who has made or received a chargeable event in the last 3 months. The Group’s joint venture in Kenya and its subsidiary in the Czech Republic are currently unable to measure active customers under this basis and so have been excluded from the calculation of the Group Statutory Total activity percentages in the table above.

 

(2)          Comparative Group Statutory Total figures have been restated to reflect the change from UK GAAP to IFRS.  The only impact of the change has been to decrease the Group Statutory Total active customer percentage at 30 September 2004 by 1%.

 

9


 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.

 

 

 

 

VODAFONE GROUP

 

 

PUBLIC LIMITED COMPANY

 

 

(Registrant)

 

 

 

 

 

 

 

 

 

Dated: July 25, 2005

 

By:

 

 

Name:  Stephen R. Scott

 

 

Title:    Company Secretary