v3.25.1
Trade and other receivables (Details) - EUR (€)
€ in Millions
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Included within non-current assets      
Trade receivables € 6 € 8  
Trade receivables held at fair value through other comprehensive income 289 294  
Net investment in leases 372 211  
Contract assets 496 450  
Contract-related costs 822 676  
Other receivables 82 78  
Prepayments 300 239  
Derivative financial instruments [1] 4,064 4,011  
Total trade and other non-current receivables 6,431 5,967 € 7,843
Included within current assets      
Trade receivables 3,236 2,841  
Trade receivables held at fair value through other comprehensive income 421 441  
Net investment in leases 88 99  
Contract assets 2,473 2,413  
Contract-related costs 1,253 1,169  
Amounts owed by associates and joint ventures 166 130  
Other receivables 928 686  
Prepayments 706 600  
Derivative financial instruments [1] 133 215  
Total trade and other current receivables 9,404 8,594 € 10,705
Costs incurred to obtain customer contracts 2,000 1,814  
Costs incurred to fulfil customer contracts 75 31  
Amortisation and impairment expense, excluding discontinued operations in Spain and Italy 935 853  
Level 3      
Included within current assets      
Embedded derivative asset € 0 € 22  
[1] Includes €Nil (2024: €22 million) of embedded derivative option for which fair value is based on level 3 of the fair value hierarchy (see section on fair value carrying value information within note 22 ‘Capital and financial risk management’). All other items are measured at fair value and the valuation basis is level 2 classification, which comprises items where fair value is determined from inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly.