XML 69 R51.htm IDEA: XBRL DOCUMENT v3.24.0.1

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Intangible Assets [Abstract]

Schedule of Composition and Movements in Net Intangible Assets

The composition of and movements in net intangible assets in 2023 and 2022 are as follows:

2023
Millions of euros			Balance at 12/31/2022			Additions			Amortization			Disposals			Impair-ments			Transfers and others			Translation differences and hyperinflation adjustments			Business combinations			Balance at 12/31/2023
Service concession arrangements and licenses			7,550			183			(840)			—			—			2			(9)			—			6,886
Software			2,800			486			(1,356)			(1)			—			1,122			38			—			3,089
Customer base			721			—			(333)			—			—			(3)			4			(3)			386
Trademarks			263			—			(33)			—			—			—			5			—			235
Other intangible assets			39			20			(21)			—			(2)			5			2			15			58
Intangible assets in process			644			1,149			—			(1)			—			(1,076)			—			—			716
Total intangible assets			12,017			1,838			(2,583)			(2)			(2)			50			40			12			11,370

2022
Millions of euros			Balance at 12/31/2021			Additions			Amorti-zation			Disposals			Impair-ments			Transfers and others			Translation differences and hyperinflation adjustments			Business combinations			Balance at 12/31/2022
Service concession arrangements and licenses			7,328			173			(844)			—			(19)			—			392			520			7,550
Software			2,494			495			(1,337)			—			(2)			1,011			119			20			2,800
Customer base			971			—			(356)			—			—			1			—			105			721
Trademarks			276			—			(34)			—			—			1			18			2			263
Other intangible assets			42			22			(28)			(4)			(2)			9			—			—			39
Intangible assets in process			614			840			—			—			(8)			(818)			16			—			644
Total intangible assets			11,725			1,530			(2,599)			(4)			(31)			204			545			647			12,017

Schedule of Gross Cost, Accumulated Amortization and Impairment Losses of Intangible Assets

The gross cost, accumulated amortization and impairment losses of intangible assets at December 31, 2023 and 2022 are as follows:

Balance at December 31, 2023
Millions of euros			Gross cost			Accumulated amortization			Impairment losses			Intangible assets
Service concession arrangements and licenses			16,056			(9,061)			(109)			6,886
Software			17,851			(14,753)			(9)			3,089
Customer base			4,166			(3,780)			—			386
Trademarks			958			(723)			—			235
Other intangible assets			867			(805)			(4)			58
Intangible assets in process			724			—			(8)			716
Total intangible assets			40,622			(29,122)			(130)			11,370

Balance at December 31, 2022
Millions of euros			Gross cost			Accumulated amortization			Impairment losses			Intangible assets
Service concession arrangements and licenses			15,837			(8,123)			(164)			7,550
Software			17,158			(14,344)			(14)			2,800
Customer base			5,089			(4,368)			—			721
Trademarks			944			(681)			—			263
Other intangible assets			870			(829)			(2)			39
Intangible assets in process			652			—			(8)			644
Total intangible assets			40,550			(28,345)			(188)			12,017

The movement in goodwill assigned to each Group segment was as follows:

2023
Millions of euros			Balance at 12/31/2022			Additions			Disposals			Write-offs			Transfers			Exchange rate impact			Balance at 12/31/2023
Telefónica Spain			4,291			—			—			—			—			—			4,291
Telefónica Brazil			7,752			5			—			—			—			319			8,076
Telefónica Germany			4,386			—			—			—			—			—			4,386
Telefónica Hispam			1,215			—			—			(58)			(36)			(13)			1,108
Others			827			11			—			—			—			9			847
Total			18,471			16			—			(58)			(36)			315			18,708

2022
Millions of euros			Balance at 12/31/2021			Additions			Disposals			Write-offs			Transfers			Exchange rate impact			Balance at 12/31/2022
Telefónica Spain			4,291			—			—			—			—			—			4,291
Telefónica Brazil			6,278			695			—			—			—			779			7,752
Telefónica Germany			4,386			—			—			—			—			—			4,386
Telefónica Hispam			1,166			—			—			—			—			49			1,215
Others			398			457			—			—			(5)			(23)			827
Total			16,519			1,152			—			—			(5)			805			18,471

X

- Definition

The disclosure of detailed information about intangible assets. [Refer: Intangible assets other than goodwill]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 38
-IssueDate 2023-01-01
-Paragraph 118
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=38&code=ifrs-tx-2023-en-r&anchor=para_118&doctype=Standard
-URIDate 2023-03-23

+ Details

Name:	ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the reconciliation of changes in intangible assets and goodwill. [Refer: Intangible assets and goodwill]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 38
-IssueDate 2023-01-01
-Paragraph 118
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=38&code=ifrs-tx-2023-en-r&anchor=para_118&doctype=Standard
-URIDate 2023-03-23

+ Details

Name:	ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Intangible Assets [Abstract]

+ References

No definition available.

+ Details

Name:	tef_IntangibleAssetsAbstract
Namespace Prefix:	tef_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration