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back to article Mobo monster Vodafone takes £6bn kick down south

Vodafone lost almost half-a-billion quid in the six months to November, its half-year results reveal, but it also had to write down £6bn from the value of its operations in southern Europe. The US is doing OK, and Vodafone will get a dividend payment from Verizon Communications (of which it owns 45 per cent) of £2.4bn, but …

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Shall we start a book...

....on the amount of UK Tax they decide to pay?

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Re: Shall we start a book...

Yep, I'll go for;

- Less than 1% tax

- More than £1million donated to the party currently in government to make sure we have to pay the tax they don't want to.

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Despite the loss before tax

The loss after tax being the same number....

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Hey Vodaphone

Just pay your tax

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Just to be clear

The £6bn write down on investments is not allowable for Corporation tax, so if there are no other adjustments to arrive at the taxable profit figure, they will pay tax on £5.5bn profit - not all of it in this country.

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LDS
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Megaphone

Vodafone Italia the most expensive one - while offering less.

In Italy Vodafone became the most expensive company while offering less to its customers - many decide to move to other operators. It's no surprise its revenues here are falling. But its acuatl CEO is the same one that lead Vodafone Italy to be what it is now - no surprise nothing changed.

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