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, 2025, current assets included EUR 3.2 billion (December 31, 2024: EUR 0.3 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, 2025. The change in carrying amounts resulted from the transactions described below.
millions of € |
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Dec. 31, 2025 |
Dec. 31, 2024 |
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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 |
3,057 |
0 |
3,057 |
153 |
3 |
156 |
Of which: goodwill |
0 |
0 |
0 |
0 |
0 |
0 |
Property, plant and equipment |
0 |
93 |
93 |
0 |
100 |
100 |
Total |
3,057 |
93 |
3,150 |
153 |
103 |
256 |
As of December 31, 2025, the carrying amount of non-current assets and disposal groups held for sale included spectrum licenses of EUR 3.1 billion in connection with the sale agreed between T‑Mobile US and Grain. Completion of the transaction is subject to FCC approvals and certain other customary closing conditions. In the prior year, the item also included spectrum licenses in connection with an exchange transaction agreed between T‑Mobile US and another telecommunications company, which was consummated in the reporting year. The licenses were recognized at their carrying amounts.
For further information on the agreement concluded with Grain, please refer to Note 6 “Intangible assets.”
As of December 31, 2025, the item also included property, plant and equipment of EUR 0.1 billion (December 31, 2024: EUR 0.1 billion), mainly real estate held for sale. As of December 31, 2025, 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.
Exchange rate effects, in particular from the translation of U.S. dollars into euros, reduced the carrying amount by EUR 0.2 billion.
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.