a.

% change % change
2012 2011 2010
Sales 46,417 45,884 44,472
1.161624967 3.17503148
Operating Profit 11,817 5,596 9,480
111.1686919 -40.9704641
Cash Flow 8,459 9,173 9,145
-7.78371307 0.306178239
Net Earnings 7,003 7,870 8,618
-11.0165184 -8.67950801
b. The most favorable trend probably is in the year 2010 while the least
favorable one is in 2012. Comparing the net earnings in three years, 2010
earned the most as it is slowly dwindling up to the year 2012. Vodafone
might reconsider their strategy.
Scanning the reports of those three years, 2010 may have the lowest
revenue earned among them however, in the end, it determines the
highest net profit. One of the reasons could be the high operating cash
flow of the year. With this, Vodafone might be more focused in the
operating activities of the entity.
Cash flow from non-controlled interests is actually an investing activity.