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Other Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Additional information [abstract] |
Schedule of Auditors' Fees | The detail of these amounts is as follows:
| 2024 | 2023
Millions of euros | PwC Auditores, S.L. | Other companies PwC network | Total | PwC Auditores, S.L. | Other companies PwC network | Total
Audit services | 8.47 |  | 11.91 |  | 20.38 |  | 8.13 |  | 10.48 |  | 18.61 |
Audit-related services | 1.33 |  | 0.40 |  | 1.73 |  | 1.01 |  | 0.40 |  | 1.41 |
Total | 9.80 |  | 12.31 |  | 22.11 |  | 9.14 |  | 10.88 |  | 20.02 |
Schedule of Key Management Personnel Compensation | The amounts established in fiscal year 2024 as fixed amounts for belonging to the Board of Directors, the Executive Commission and the Advisory or Control Committees of Telefónica, and the attendance fees for attending meetings of the Advisory or Control Committees of the Board of Directors, are indicated below: Compensation of the Board of Directors and of the Committees thereof
Amounts in euros
Position | Board of Directors | Executive Commission | Advisory or Control Committees (*)
Chairman | 240,000 |  | 80,000 |  | 22,400 |
Vice chairman | 200,000 |  | 80,000 |  | — |
Executive Member | — |  | — |  | — |
Proprietary Member | 120,000 |  | 80,000 |  | 11,200 |
Independent Member | 120,000 |  | 80,000 |  | 11,200 |
Other external | 120,000 |  | 80,000 |  | 11,200 |
(*) In addition, the amount of the attendance fee for each of the meetings of the Advisory or Control Committees is 1,000 euros. TELEFÓNICA, S.A. (Amounts in euros)
Directors | Salary 1 | Fixed remunera-tion 2 | Allowances 3 | Short-term variable remuneration 4 | Remuneration for belonging to the Board Committees 5 | Other items 6 | Total
Mr. José María Álvarez-Pallete López 7 | 1,923,100 |  | — |  | — |  | 3,513,504 |  | — |  | 6,207 |  | 5,442,811 |
Mr. Isidro Fainé Casas | — |  | 200,000 |  | — |  | — |  | 80,000 |  | — |  | 280,000 |
Mr. José María Abril Pérez | — |  | 200,000 |  | 10,000 |  | — |  | 91,200 |  | — |  | 301,200 |
Mr. Ángel Vilá Boix | 1,600,000 |  | — |  | — |  | 2,436,000 |  | — |  | 27,383 |  | 4,063,383 |
Ms. María Luisa García Blanco | — |  | 120,000 |  | 38,000 |  | — |  | 33,600 |  | — |  | 191,600 |
Mr. Peter Löscher | — |  | 120,000 |  | 26,000 |  | — |  | 113,600 |  | — |  | 259,600 |
Mr. Carlos Ocaña Orbis 8 | — |  | 80,000 |  | 8,000 |  | — |  | 60,800 |  | — |  | 148,800 |
Ms. Verónica Pascual Boé | — |  | 120,000 |  | 12,000 |  | — |  | 11,200 |  | — |  | 143,200 |
Mr. Francisco Javier de Paz Mancho | — |  | 120,000 |  | 25,000 |  | — |  | 113,600 |  | — |  | 258,600 |
Mr. Alejandro Reynal Ample | — |  | 120,000 |  | — |  | — |  | — |  | — |  | 120,000 |
Mr. Francisco José Riberas Mera | — |  | 120,000 |  | — |  | — |  | — |  | — |  | 120,000 |
Ms. María Rotondo Urcola | — |  | 120,000 |  | 25,000 |  | — |  | 22,400 |  | — |  | 167,400 |
Ms. Claudia Sender Ramírez | — |  | 120,000 |  | 1,000 |  | — |  | 80,000 |  | — |  | 201,000 |
Ms. Solange Sobral Targa | — |  | 120,000 |  | 10,000 |  | — |  | 11,200 |  | — |  | 141,200 |
1 Salary: Regarding Mr José María Álvarez-Pallete López and Mr Ángel Vilá Boix, the amount includes the non-variable remuneration earned from their executive functions. 2 Fixed remuneration: Amount of the compensation in cash, with a pre-established payment periodicity, whether or not it can be consolidated over time, earned by the member for his/her position on the Board, regardless of the effective attendance of the member to board meetings. 3 Allowances: Total amount of allowances for attending Advisory or Steering Committee meetings. 4 Short-term variable remuneration (bonuses): Variable amount linked to the performance or achievement of a series of individual or group objectives (quantitative or qualitative) within a period of time equal to or less than a year, corresponding to the year 2024 and to be paid in the year 2025. In reference to the bonus corresponding to 2023, which was paid in 2024, Executive Board Member Mr José María Álvarez-Pallete López received 3,717,737 euros and Executive Board Member Mr Ángel Vilá Boix received 2,577,600 euros. 5 Remuneration for belonging to the Board Committees: Amount of items other than allowances, which the directors are beneficiaries through their position on the Executive Commission and the Advisory or Steering Committees, regardless of the effective attendance of the board member such Committee meetings. 6 Other concepts: This includes, among others, the amounts received as remuneration in kind (general medical and dental coverage and vehicle insurance), paid by Telefónica, S.A. 7 Mr.José María Álvarez-Pallete López ceased as Executive Chairman and Director of the Company on January 18, 2025. Likewise, on the same date, it was agreed to co-opt Mr. Marc Thomas Murtra Millar as the new Executive Chairman of the Board of Directors of Telefónica, S.A. 8 Mr. Carlos Ocaña Orbis was appointed Director of the Company on May 8, 2024. Ms. Carmen García de Andrés stood down as Board Member on May 7, 2024. Mr. José Javier Echenique Landiríbar passed away on December 15, 2024. Payment received and/or accrued by them in 2024 is detailed below: (Amounts in euros)
Directors | Salary 1 | Fixed remunera-tion 2 | Allowances 3 | Short-term variable remuneration 4 | Remuneration for belonging to the Board Committees 5 | Other items 6 | Total
Mr. José Javier Echenique Landiríbar | — |  | 200,000 |  | 27,000 |  | — |  | 113,600 |  | — |  | 340,600 |
Ms. Carmen García de Andrés | — |  | 40,000 |  | 12,000 |  | — |  | 7,467 |  | — |  | 59,467 |
1 to 6: Definitions of these concepts are those included in the previous table. The following table breaks down the amounts accrued and/or received from other companies of the Telefónica Group other than Telefónica, S.A. individually, by the Board Members of the Company, by the performance of executive functions or by their membership to the Board of Directors of such companies: OTHER COMPANIES OF THE TELEFÓNICA GROUP (Amounts in euros)
Directors | Salary 1 | Fixed remunera-tion 2 | Allowances 3 | Short-term variable remuneration 4 | Remuneration for belonging to the Board Committees 5 | Other items 6 | Total
Mr. José María Álvarez-Pallete López 7 | — |  | — |  | — |  | — |  | — |  | — |  | — |
Mr. Isidro Fainé Casas | — |  | — |  | — |  | — |  | — |  | — |  | — |
Mr. José María Abril Pérez | — |  | — |  | — |  | — |  | — |  | — |  | — |
Mr. Ángel Vilá Boix | — |  | — |  | — |  | — |  | — |  | — |  | — |
Ms. María Luisa García Blanco | — |  | — |  | — |  | — |  | — |  | 87,500 |  | 87,500 |
Mr. Peter Löscher | — |  | 125,997 |  | — |  | — |  | — |  | — |  | 125,997 |
Mr. Carlos Ocaña Orbis 8 | — |  | — |  | — |  | — |  | — |  | — |  | — |
Ms. Verónica Pascual Boé | — |  | 90,000 |  | — |  | — |  | — |  | 65,000 |  | 155,000 |
Mr. Francisco Javier de Paz Mancho | — |  | 173,159 |  | — |  | — |  | — |  | 155,000 |  | 328,159 |
Mr. Alejandro Reynal Ample | — |  | — |  | — |  | — |  | — |  | — |  | — |
Mr. Francisco José Riberas Mera | — |  | — |  | — |  | — |  | — |  | — |  | — |
Ms. María Rotondo Urcola | — |  | — |  | — |  | — |  | — |  | — |  | — |
Ms. Claudia Sender Ramírez | — |  | — |  | — |  | — |  | — |  | 132,500 |  | 132,500 |
Ms. Solange Sobral Targa | — |  | 85,659 |  | — |  | — |  | — |  | — |  | 85,659 |
1. Salary: Amount of non-variable remuneration earned by the Director from other companies of the Telefónica Group for his/her executive functions. 2. Fixed remuneration: Amount of the compensation in cash, with a pre-established payment periodicity, subject to consolidation over time or not, earned by the member for his/her position on the boards of other companies of the Telefónica Group. 3. Allowances: Total amount of the allowances for attending the board meetings of other companies of the Telefónica Group. 4. Variable short-term remuneration (bonuses): Variable amount linked to the performance or achievement of a series of individual or group objectives (quantitative or qualitative) within a period of time equal to or less than a year, corresponding to the year 2024 and to be paid in the year 2025 by other companies of the Telefónica Group. 5. Remuneration for belonging to the Board Committees of other companies of the Telefónica Group: Amount of items other than allowances, which the directors are beneficiaries through their position on the Advisory or Steering Committees of other companies of the Telefónica Group, regardless of the effective attendance of the board member such Committee meetings. 6. Other concepts: This includes, among others, the amounts received as remuneration in kind (general medical and dental coverage and vehicle insurance), paid by other companies of the Telefónica Group. Also included are the amounts received for membership of the Advisory Boards of Telefónica España, Telefónica Hispanoamérica, Telefónica Tech and Telefónica Ingeniería de Seguridad. 7 Mr.José María Álvarez-Pallete López ceased as Executive Chairman and Director of the Company on January 18, 2025. Likewise, on the same date, it was agreed to co-opt Mr. Marc Thomas Murtra Millar as the new Executive Chairman of the Board of Directors of Telefónica, S.A. 8 Mr. Carlos Ocaña Orbis was appointed Director of the Company on May 8, 2024. Ms. Carmen García de Andrés stood down as Board Member on May 7, 2024. Mr. José Javier Echenique Landiríbar passed away on December 15, 2024. Payment received and/or accrued by them with respect to the other companies of the Telefónica Group in 2024 is detailed below: (Amounts in euros)
Directors | Salary 1 | Fixed remunera-tion 2 | Allowances 3 | Short-term variable remuneration 4 | Remuneration for belonging to the Board Committees 5 | Other items 6 | Total
Mr. José Javier Echenique Landiríbar | — |  | 90,000 |  | — |  | — |  | — |  | 87,500 |  | 177,500 |
Ms. Carmen García de Andrés | — |  | — |  | — |  | — |  | — |  | — |  | — |
1 to 6: Definitions of these concepts are those included in the previous table.
Schedule of Sustainable Financing | Overall, as at December 31, 2024, the Group's sustainable financing amounts to 21,447 million euros (18,796 million euros as at December 31, 2023), broken down as follows:
Millions of euros |  |  |
Financial liabilities | 4,804 |  |  |
Senior sustainable bond of Telefónica Emisiones 2022 (Appendix III) | 1,000 |  |  |
Senior green bond of Telefónica Emisiones 2023 (Appendix III) | 850 |  |  |
Senior sustainable bond of Telefónica Emisiones 2024 (Appendix III) | 1,000 |  |  |
Senior sustainable bond of Telefónica Emisiones 2024 (Appendix III) | 750 |  |  |
Sustainability linked bonds of Telefónica Brazil (Appendix III) | 544 |  |  |
Sustainability linked facilities of Colombia Telecomunicaciones | 270 |  |  |
Sustainability linked facilities of Telefónica, S.A. | 390 |  |  |
Undated deeply subordinated securities (hybrid instruments) (Note 17.c) | 6,050 |  |  |
Undrawn facilities at December 31, 2024 (Note 18) | 10,593 |  |  |
Sustainability linked facility of Telefónica, S.A. | 5,500 |  |  |
Sustainability linked facility of Telefonica Germany | 750 |  |  |
Sustainability linked bilateral facilities | 4,343 |  |  |
Total financing linked to sustainability criteria | 21,447 |  |  |

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