5 Non-current assets and disposal groups held for sale and liabilities directly associated with non-current assets and disposal groups held for sale
As of December 31, 2024, current assets included EUR 0.3 billion (December 31, 2023: EUR 0.2 billion) in non-current assets and disposal groups held for sale. As in the prior year, current liabilities did not include any liabilities directly associated with non-current assets and disposal groups held for sale as of December 31, 2024. The change in carrying amounts resulted from the transactions described below.
millions of € |
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Dec. 31, 2024 |
Dec. 31, 2023 |
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T‑Mobile US spectrum |
Other |
Total |
T‑Mobile US spectrum |
Other |
Total |
Non-current assets and disposal groups held for sale |
|
|
|
|
|
|
Intangible assets |
153 |
3 |
156 |
91 |
|
91 |
Of which: goodwill |
|
0 |
0 |
|
0 |
0 |
Property, plant and equipment |
|
100 |
100 |
|
120 |
120 |
Total |
153 |
103 |
256 |
91 |
120 |
211 |
As of December 31, 2024, the carrying amount of non-current assets and disposal groups held for sale included spectrum licenses in connection with a transaction agreed between T‑Mobile US and a telecommunications company for the exchange of mobile spectrum licenses in order to improve mobile network coverage. Closing of the transaction is subject to approval by the authorities. In the prior year, the item included spectrum licenses in connection with exchange transactions agreed between T‑Mobile US and a number of competitors, which were consummated in the reporting year. The licenses were recognized at their carrying amounts.
As of December 31, 2024, the item also included property, plant and equipment of EUR 0.1 billion (December 31, 2023: EUR 0.1 billion), mainly real estate held for sale. As of December 31, 2024, as at the end of the prior year, this did not include any significant real estate no longer recognized at carrying amount in accordance with IFRS 5, but at fair value less costs of disposal.
No reversals of impairments of the carrying amounts of the non-current assets and disposal groups held for sale were recognized either in the reporting year or in the prior year.