v3.26.1
Taxation - Factors affecting tax expense (Details) - EUR (€)
€ in Millions
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Reconciliation of accounting profit multiplied by applicable tax rates      
Continuing (loss)/profit before tax as shown in the consolidated income statement € 1,864 € (1,478) € 1,620
Profit/(loss) at weighted average statutory tax rate 439 (729) 363
Impairment loss with no tax effect 0 1,361 0
Disposal of Group investments 85 146 174
Effect of taxation of associates and joint ventures, reported within (loss)/profit before tax 105 28 23
Previously unrecognised temporary differences and losses expected to be used in the future     (1,021)
Previously recognised temporary differences and losses no longer expected to be used in the future 358 25  
Current year temporary differences (including losses) that are not expected to be used 60 33 84
Adjustments in respect of prior year tax liabilities 37 (108) 89
Impact of tax credits and irrecoverable taxes 97 108 147
Deferred tax (credit)/charge following revaluation of investments in Luxembourg (40) 27 1
Effect of current year changes in statutory tax rates on deferred tax balances 305 721 (19)
Settlement Of The Vispl Tax Cases   185  
Financing costs and similar not deductible for tax purposes 105 137 214
Revaluation of assets for tax purposes in Türkiye 87 128 (65)
Expenses not deductible for tax purposes 167 184 60
Total income tax expense 1,805 2,246 50
Income tax credit     110
M-PESA Holding Co. Limited      
Reconciliation of accounting profit multiplied by applicable tax rates      
Disposal of Group investments     37
Vantage Towers AG      
Reconciliation of accounting profit multiplied by applicable tax rates      
Disposal of Group investments   € 164 30
Percentage Of Disposal Of Investment   10.33%  
Non Taxable Disposal Of Investment   € 109  
Non Deductible Indemnity Provision   56  
Settle CLAM      
Reconciliation of accounting profit multiplied by applicable tax rates      
Disposal of Group investments 38    
Non Deductible Indemnity Provision 256    
UK      
Reconciliation of accounting profit multiplied by applicable tax rates      
Previously recognised temporary differences and losses no longer expected to be used in the future € 358    
LUXEMBOURG      
Reconciliation of accounting profit multiplied by applicable tax rates      
Effect of current year changes in statutory tax rates on deferred tax balances   € 719 € 1,019
Applicable tax rate   1.00%  
Utilisation period after reporting date beyond which deferred tax assets are not recognised 60 years    
GERMANY      
Reconciliation of accounting profit multiplied by applicable tax rates      
Impairment loss with no tax effect   € 4,350  
Effect of current year changes in statutory tax rates on deferred tax balances € 305    
ROMANIA      
Reconciliation of accounting profit multiplied by applicable tax rates      
Impairment loss with no tax effect   € 165