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Revenue and Expenses (Tables)
12 Months Ended
Dec. 31, 2024
Analysis of income and expense [abstract]  
Schedule of Breakdown of Revenues
The breakdown of Revenues for the years 2024, 2023 and 2022 is as follows:
Millions of euros202420232022
Revenues from rendering of services35,480 34,832 34,479 
Lease revenues79 71 76 
Sale of goods5,756 5,749 5,438 
Total41,315 40,652 39,993 
Schedule of Breakdown of Other Income
The breakdown of “Other income” is as follows:
Millions of euros202420232022
Own work capitalized820 803 783 
Gain on disposal of businesses47 24 205 
Gain on disposal of property, plant and equipment161 257 582 
Gain on disposal of intangible assets— 
Government grants39 27 16 
Other operating income625 428 478 
Total1,692 1,541 2,065 
Schedule of Breakdown of Other Expenses
The breakdown of “Other expenses” is as follows:
Millions of euros202420232022
Leases included in "Other expenses" (1)
97 68 86 
Other external services8,351 8,282 8,731 
Taxes other than income tax831 753 834 
Change in trade provisions719 734 693 
Losses on disposal of fixed assets, losses on operations classified as held for sale and sale of assets1,525 33 124 
Goodwill impairment (Note 7)866 58 — 
Other operating expenses165 370 273 
Total12,554 10,298 10,741 
(1) According to IFRS 16, only short-term leases and leases involving low-value assets or intangible assets are included (see Note 9).
Schedule of Estimated Payments on Operating Leases, Purchases, and Other Contractual Commitments
The estimated payment schedule for purchases and other contractual commitments (non-cancelable without penalty cost) is as follows:
Millions of eurosPurchases and other contractual commitments
Less than 1 year4,204 
1 to 3 years4,008 
3 to 5 years1,441 
More than 5 years1,895 
Total11,548 
Schedule of Breakdown of the Telefónica Group’s Average Number of Employees by Segment
The table below presents the breakdown of the Telefónica Group’s average number of employees by fully consolidated segment (see Note 4) in 2024, 2023 and 2022, together with total headcount at December 31 each year.
 202420232022
 AverageYear-endAverageYear-endAverageYear-end
Telefónica Spain19,055 18,305 21,342 21,443 21,099 20,947 
Telefónica Germany7,464 7,589 7,232 7,367 7,029 7,099 
Telefónica Brazil35,605 35,818 35,118 35,519 34,275 34,846 
Telefónica Hispam28,191 27,569 29,715 29,087 30,232 29,994 
Other companies11,069 11,589 10,717 10,726 9,928 10,765 
Total101,384 100,870 104,124 104,142 102,563 103,651 
Schedule of Breakdown of Depreciation and Amortization
The breakdown of “Depreciation and amortization” on the consolidated income statement is as follows:
Millions of euros202420232022
Property, plant and equipment (Note 8)4,102 4,055 4,133 
Intangible assets (Note 6)2,462 2,583 2,599 
Rights of use (Note 9)2,235 2,159 2,064 
Total8,799 8,797 8,796 
Schedule of Earnings Per Share
Both basic and diluted earnings per share attributable to equity holders of the parent are calculated based on the following data:
Millions of euros202420232022
(Loss) profit attributable to ordinary equity holders of the parent company(49)(892)2,011 
Adjustment for the coupon corresponding to perpetual subordinated obligations(359)(339)(279)
Tax effect90 85 70 
Total (loss) profit attributable to ordinary equity holders of the parent for basic and diluted earnings per share (318)(1,146)1,802 
Number of shares (thousands)202420232022
Weighted average number of ordinary shares for basic earnings per share (does not include treasury shares)5,635,695 5,668,142 5,740,105 
Telefónica, S.A. plans of rights over shares36,575 47,435 23,096 
Weighted average number of ordinary shares outstanding for diluted earnings per share (excluding treasury shares)5,672,270 5,715,577 5,763,201 
Thus, basic and diluted (loss) earnings per share attributable to equity holders of the parent are as follows:
(Loss) earnings per share (euros)202420232022
Basic(0.06)(0.20)0.31 
Diluted(0.06)(0.20)0.31