v3.26.1
Trade and other payables (Tables)
12 Months Ended
Mar. 31, 2026
Trade and other payables  
Schedule of trade and other payables
     
2026 
€m 
 
2025 
m 
Included within
non-current
liabilities
    
Other payables
     338        245   
Insurance liabilities
     208       226  
Accruals
     251       40  
Contract liabilities
     817       812  
Derivative and other financial instruments
1
     1,719       1,824  
    
 
 3,333
 
 
 
 3,147
 
Included within current liabilities
    
Trade payables
2
     6,211       6,157  
Amounts owed to associates and joint ventures
     306       332  
Other taxes and social security payable
     952       846  
Other payables
3
     1,540       1,038  
Insurance liabilities
     52       54  
Accruals
4
     4,980       4,138  
Contract liabilities
     1,445       1,416  
Derivative and other financial instruments
1
     93       82  
    
 
15,579
 
 
 
14,063
 
Notes:
 
1.
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.
 
2.
Included in Trade payables are invoices that are registered for the Group’s supply chain financing programme of
1,983 million (31 March 2025:
2,198 million); suppliers had drawn early payments of
1,312 million relating to these invoices at 31 March 2026 (2025:
1,443 million).
 
3.
Includes
256 
million (2025: €nil) in relation to the CLAM indemnity between the Group and Vodafone Idea Limited. See note 29 “Contingent liabilities and legal proceedings” for further details.

4.
Includes
92 million (2025:
132 million) payable in relation to irrevocable and
non-discretionary
share buyback programmes.