TELEFONICA SA financials
Also U.S.-listed. TELEFONICA SA is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: TEFOF — TELEFONICA, S.A.
TELEFONICA SA
Country: ES Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
549300EEJH4FEPDBBR25 Financial statements
(EUR, as reported — unscaled; 92 line items across 3 annual periods)
| Line item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Revenue | €41.31B | €40.65B | €39.99B |
| Other income | €1.69B | €1.54B | €2.06B |
| Employee benefits expense | €5.88B | €7.21B | €5.52B |
| Raw materials & consumables used | €13.38B | €13.30B | €12.94B |
| Depreciation & amortisation | €8.80B | €8.80B | €8.80B |
| Operating profit (EBIT) | €2.40B | €2.59B | €4.06B |
| Finance costs | €3.00B | €3.01B | €3.03B |
| Profit before tax | €557.0M | -€1.47B | €2.96B |
| Income tax expense | €348.0M | -€899.0M | €641.0M |
| Profit for the year | €209.0M | -€574.0M | €2.32B |
| — attributable to owners | -€49.0M | -€892.0M | €2.01B |
| — attributable to NCI | €258.0M | €318.0M | €308.0M |
| Total comprehensive income | -€911.0M | -€617.0M | €4.23B |
| Per share | |||
| Basic EPS | €-0.06 | €-0.20 | €0.31 |
| Diluted EPS | €-0.06 | €-0.20 | €0.31 |
| Cash flow statement | |||
| Net cash from operating activities | €10.99B | €11.65B | €11.76B |
| Net cash from investing activities | -€5.22B | -€4.29B | -€5.33B |
| Net cash from financing activities | -€4.67B | -€7.19B | -€7.92B |
| Dividends paid | €1.89B | €2.14B | €1.40B |
| Proceeds from borrowings | €1.76B | €1.71B | €839.0M |
| Repayments of borrowings | €1.12B | €1.47B | €3.08B |
| Lease liability payments | €2.14B | €2.11B | €2.00B |
| Balance sheet | |||
| Total assets | €100.50B | €104.32B | — |
| Non-current assets | €78.13B | €83.57B | — |
| Property, plant & equipment | €21.44B | €22.94B | — |
| Right-of-use assets | €7.91B | €8.45B | — |
| Intangible assets & goodwill | €16.46B | €18.71B | — |
| Current assets | €22.37B | €20.76B | — |
| Inventories | €954.0M | €929.0M | — |
| Cash & equivalents | €8.06B | €7.15B | €7.25B |
| Total equity | €22.75B | €27.10B | €31.71B |
| — attributable to owners | €19.35B | €21.85B | — |
| Non-controlling interests | €3.40B | €5.24B | — |
| Non-current liabilities | €52.02B | €53.83B | — |
| Lease liabilities (non-current) | €6.08B | €6.71B | — |
| Current liabilities | €25.73B | €23.40B | — |
| Lease liabilities (current) | €2.23B | €2.24B | — |
| Deferred tax liabilities | €2.90B | €2.70B | — |
| Derived metrics | |||
| Operating margin | 5.8% | 6.4% | 10.1% |
| Net margin | 0.5% | -1.4% | 5.8% |
| Return on equity | 0.9% | -2.1% | 7.3% |
| Cash conversion ratio | 52.60× | -20.29× | 5.07× |
| Other reported items | |||
| Cash | €6.91B | €6.26B | €6.65B |
| Cash Equivalents | €1.16B | €886.0M | €592.0M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €220.0M | €1.00B | -€115.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €189.0M | €252.0M | €1.63B |
| Comprehensive Income Attributable To Noncontrolling Interests | -€247.0M | €548.0M | €708.0M |
| Comprehensive Income Attributable To Owners of Parent | -€664.0M | -€1.17B | €3.52B |
| Current Financial Assets | €1.80B | €1.08B | — |
| Current Financial Liabilities | €5.59B | €3.70B | — |
| Current Provisions | €1.67B | €1.60B | — |
| Current Tax Assets Current | €970.0M | €1.19B | — |
| Current Tax Liabilities Current | €1.61B | €1.87B | — |
| Deferred Tax Assets | €6.67B | €6.24B | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€191.0M | -€258.0M | €156.0M |
| Equity and Liabilities | €100.50B | €104.32B | — |
| Finance Income | €980.0M | €1.10B | €1.80B |
| Gains Losses On Cash Flow Hedges Before Tax | €953.0M | -€624.0M | €1.08B |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | -€11.0M | €22.0M | -€29.0M |
| Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€5.0M | €7.0M | -€9.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | €38.0M | -€14.0M | €32.0M |
| Income Taxes Paid Refund Classified As Operating Activities | €668.0M | €454.0M | €92.0M |
| Increase Decrease In Cash and Cash Equivalents | €911.0M | -€94.0M | -€1.33B |
| Increase Decrease Through Change In Equity of Subsidiaries | -€1.44B | -€1.58B | €781.0M |
| Increase Decrease Through Transfers and Other Changes Equity | €3.0M | €87.0M | €59.0M |
| Increase Decrease Through Treasury Share Transactions | -€56.0M | -€221.0M | -€364.0M |
| Intangible Assets Other Than Goodwill | €9.88B | €11.37B | — |
| Investment Accounted For Using Equity Method | €8.38B | €8.59B | — |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €33.0M | €37.0M | — |
| Net Foreign Exchange Gain | €2.20B | €1.84B | €2.91B |
| Net Foreign Exchange Loss | €1.97B | €1.83B | €3.00B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €138.0M | €273.0M | — |
| Noncurrent Financial Liabilities | €33.19B | €33.36B | — |
| Noncurrent Provisions | €6.15B | €7.45B | — |
| Other Comprehensive Income | -€1.12B | -€43.0M | €1.91B |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €129.0M | -€45.0M | €102.0M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | €58.0M | -€414.0M | €276.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€1.47B | €270.0M | €1.56B |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€6.0M | €15.0M | -€20.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €91.0M | -€31.0M | €70.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€1.30B | -€108.0M | €1.83B |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €180.0M | €65.0M | €76.0M |
| Other Expense By Nature | €12.55B | €10.30B | €10.74B |
| Proceeds From Issue of Bonds Notes and Debentures | €1.79B | €967.0M | €1.75B |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | €863.0M | -€76.0M | €704.0M |
| Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | -€110.0M | -€24.0M | -€71.0M |
| Reduction of Issued Capital | €0 | €0 | €0 |
| Repayments of Bonds Notes and Debentures | €1.14B | €1.91B | €3.54B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Before Tax | -€6.0M | -€31.0M | €65.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -€6.0M | -€31.0M | €65.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net of Tax | -€101.0M | -€41.0M | -€107.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -€49.0M | -€2.16B | €217.0M |
Methodology
Every line item above is a fact tagged in TELEFONICA SA's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.