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Other Current Financial Assets (Tables)

12 Months Ended

Dec. 31, 2024

Subclassifications of assets, liabilities and equities [abstract]

Schedule of Other Current Financial Assets

The breakdown of other financial current assets of the Telefónica Group at December 31, 2024 and December 31, 2023 is as follows:

Millions of euros			12/31/2024			12/31/2023
Short-term credits			893			192
Short-term deposits and guarantees			139			209
Short-term derivative financial assets (Note 19)			461			352
Other current financial assets			307			325
Total			1,800			1,078

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