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Long-term incentive plans based on Telefónica, S.A. shares (Tables) | 12 Months Ended
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Dec. 31, 2024
Share-Based Payment Arrangements [Abstract] |
Schedule of Number and Weighted-Average Exercise Prices of Other Equity Instruments | The first cycle commenced on January 1, 2021 and ended on December 31, 2023. The maximum number of shares assigned to this cycle of the plan was 19,425,499 and the outstanding shares at December 31, 2023 were 17,728,523, with the following breakdown:
First cycle | No. of shares assigned | Outstanding shares at 12/31/2023 | Unit fair value (euros)
TSR Objective | 9,712,749 |  | 8,864,262 |  | 2.64 |
FCF Objective | 7,770,200 |  | 7,091,409 |  | 3.15 |
CO2 E.N. Objective | 1,942,550 |  | 1,772,852 |  | 3.15 |
After considering the levels of performance during the measurement period, a weighted achievement coefficient of 89.45% was reached. •The second cycle commenced on January 1, 2022 and ended on December 31, 2024. The maximum number of shares assigned to this cycle of the plan was 15,069,650 and the outstanding shares at December 31, 2024 were 13,851,509, with the following breakdown:
Second cycle | No. of shares assigned | Outstanding shares at 12/31/2024 | Unit fair value (euros)
TSR Objective | 7,534,825 |  | 6,925,755 |  | 2.43 |
FCF Objective | 6,027,860 |  | 5,540,604 |  | 2.95 |
CO2 E.N. Objective | 1,506,965 |  | 1,385,150 |  | 2.95 |
After considering the levels of performance during the measurement period, a weighted achievement coefficient of 100% was reached. •The third cycle commenced on January 1, 2023 and will end on December 31, 2025. The maximum number of shares assigned to this cycle of the plan was 16,618,564 and the outstanding shares at December 31, 2024 were 15,856,658, with the following breakdown:
Third cycle | No. of shares assigned | Outstanding shares at 12/31/2024 | Unit fair value (euros)
TSR Objective | 8,309,282 |  | 7,928,329 |  | 1.77 |
FCF Objective | 6,647,426 |  | 6,342,664 |  | 2.81 |
CO2 E.N. Objective | 1,661,856 |  | 1,585,665 |  | 2.81 |
The first cycle of the plan began on January 1, 2024 and will end on December 31, 2026. The maximum number of shares assigned in this first cycle was 15,353,759, of which 15,317,175 remained outstanding as of December 31, 2024, with the following breakdown:
First cycle | No. of shares assigned | Outstanding shares at 12/31/2024 | Unit fair value (euros)
TSR Objective | 7,676,879 |  | 7,658,587 |  | 2.85 |
FCF Objective | 6,141,504 |  | 6,126,870 |  | 3.42 |
CO2 E.N. Objective | 767,688 |  | 765,859 |  | 3.42 |
Women in executive positions | 767,688 |  | 765,859 |  | 3.42 |
The first cycle commenced on January 1, 2021 and ended on December 31, 2023. The maximum number of shares assigned to this cycle of the plan was 1,751,500 and the outstanding shares at December 31, 2023 were 1,557,000, with the following breakdown:
First cycle | No. of shares assigned | Outstanding shares at 12/31/2023 | Unit fair value (euros)
TSR Objective | 875,750 |  | 778,500 |  | 2.64 |
FCF Objective | 700,600 |  | 622,800 |  | 3.15 |
CO2 E.N. Objective | 175,150 |  | 155,700 |  | 3.15 |
After considering the levels of performance during the measurement period, a weighted achievement coefficient of 89.45% was reached. •The second cycle commenced on January 1, 2022 and ended on December 31, 2024. The maximum number of shares assigned to this cycle of the plan was 1,646,500 and the outstanding shares at December 31, 2024 was 1,458,000, with the following breakdown:
Second cycle | No. of shares assigned | Outstanding shares at 12/31/2024 | Unit fair value (euros)
TSR Objective | 823,250 |  | 729,000 |  | 2.43 |
FCF Objective | 658,600 |  | 583,200 |  | 2.95 |
CO2 E.N. Objective | 164,650 |  | 145,800 |  | 2.95 |
After considering the levels of performance during the measurement period, a weighted achievement coefficient of 100% was reached. •The third cycle commenced on January 1, 2023 and will end on December 31, 2025. The maximum number of shares assigned to this cycle of the plan was 1,771,500 and the outstanding shares at December 31, 2024 was 1,663,000, with the following breakdown:
Third cycle | No. of shares assigned | Outstanding shares at 12/31/2024 | Unit fair value (euros)
TSR Objective | 885,750 |  | 831,500 |  | 1.77 |
FCF Objective | 708,600 |  | 665,200 |  | 2.81 |
CO2 E.N. Objective | 177,150 |  | 166,300 |  | 2.81 |
The first cycle of the plan began on January 1, 2024 and will end on December 31, 2026. The maximum number of shares assigned in this first cycle was 1,530,500 and the outstanding shares at December 31, 2024 was 1,513,500, with the following breakdown:
First cycle | No. of shares assigned | Outstanding shares at 12/31/2024 | Unit fair value (euros)
TSR Objective | 765,250 |  | 756,750 |  | 2.85 |
FCF Objective | 612,200 |  | 605,400 |  | 3.42 |
CO2 E.N. Objective | 76,525 |  | 75,675 |  | 3.42 |
Women in executive positions | 76,525 |  | 75,675 |  | 3.42 |

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- Definition The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 2 -IssueDate 2024-01-01 -Paragraph 45 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2024-en-r&anchor=para_45&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition Share-Based Payment Arrangements [Abstract] + References No definition available. + Details
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