Legal notices

This is an online version of our 2012 Annual Report. It has been adapted for online presentation, including changes to facilitate navigation and elements of graphical design. It also includes some video footage. Click here to download a PDF of the 2012 Annual Report.

The terms “Vodafone”, the “Group”, “we”, “our” and “us” refer to the Company and, as applicable, its subsidiaries and/or interests in joint ventures and associates.

Unless otherwise stated, references to “year” or “2012” mean the financial year ended 31 March 2012; to “2011” or “previous year” mean the financial year ended 31 March 2011; to the “third quarter”, “previous quarter” or “Q3” are to the quarter ended 31 December 2011; and to the “fourth quarter” or “Q4” are to the quarter ended 31 March 2012.

All amounts marked with an ‘*’ represent organic growth which presents performance on a comparable basis, both in terms of merger and acquisition activity and foreign exchange rates. Click here for a full definition of organic growth as used in our annual report and all other definitions of terms used.

Click here for further information on non-GAAP measures used in the report.

This online annual report contains “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995 with respect to the Group’s financial condition, results of operations and businesses and certain of the Group’s plans and objectives which are subject to risks and uncertainties because they relate to future events. Some of the factors which may cause actual results and developments to differ from these forward-looking statements can be found under the heading "forward looking statements" in our 2012 Annual Report.

This report is dated 22 May 2012.

Vodafone, the Vodafone logo, Vodacom, M-Pesa, the M-Pesa logo, OfficeNet, Vodafone One Net, Vodafone Discover, Vodafone Cloud, Vodafone Protect, Vodafone Guardian, Vodafone Farmers’ Club, Vodafone mHealth Solutions, Justtextgiving by Vodafone, The Vodafone Way and Bluefish are trade marks of the Vodafone Group. Moyo, Ricarica Insieme and Mobile for Good are trade marks of the Vodafone Foundation. Other product and company names mentioned herein may be the trade marks of their respective owners.

The content of our website ( including this online version of the 2012 Annual Report should not be considered to form part of our 2012 Annual Report or our 2012 Annual Report on Form 20-F.

© Vodafone Group 2012