VEON Ltd. (AMS: VEON)

VEON Ltd. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	279	443	457	524	358	375
Cash & Short-Term Investments	279	443	457	524	358	375
Cash Growth	-34.97%	-3.06%	-12.79%	46.37%	-4.53%	88.44%
Accounts Receivable	467	429	454	556	229	228
Other Receivables	9	9	13	5	2	5
Receivables	476	438	467	561	231	233
Inventory	2,218	2,281	2,592	2,332	1,101	1,227
Prepaid Expenses	29	22	14	9	7	9
Restricted Cash	3	3	-	-	-	-
Other Current Assets	122	112	140	80	142	70
Total Current Assets	3,127	3,299	3,670	3,506	1,839	1,914
Property, Plant & Equipment	1,977	2,003	1,859	1,695	1,492	1,602
Long-Term Investments	7	8	3	4	2	4
Goodwill	-	434	429	414	413	457
Other Intangible Assets	436	18	22	25	16	22
Long-Term Deferred Tax Assets	263	213	101	135	94	128
Other Long-Term Assets	212	239	173	132	113	132
Total Assets	6,022	6,214	6,257	5,911	3,969	4,259
Accounts Payable	1,114	1,130	1,175	1,200	714	800
Accrued Expenses	396	181	203	209	160	146
Short-Term Debt	237	274	143	240	38	70
Current Portion of Long-Term Debt	70	70	102	18	6	6
Current Portion of Leases	18	16	13	13	9	9
Current Income Taxes Payable	11	16	21	34	38	7
Current Unearned Revenue	-	15	11	7	6	3
Other Current Liabilities	72	149	191	132	113	107
Total Current Liabilities	1,918	1,851	1,859	1,853	1,084	1,148
Long-Term Debt	477	490	583	632	328	334
Long-Term Leases	84	84	84	87	44	31
Long-Term Deferred Tax Liabilities	85	115	131	132	117	130
Other Long-Term Liabilities	63	71	72	68	44	52
Total Liabilities	2,779	2,764	2,865	2,958	1,765	1,841
Common Stock	383	409	419	419	419	438
Additional Paid-In Capital	870	1,005	1,095	1,097	1,098	1,189
Retained Earnings	2,722	2,821	2,742	2,253	1,424	1,389
Treasury Stock	-30	-194	-296	-106	-4	-117
Comprensive Income & Other	-710	-599	-575	-718	-737	-485
Total Common Equity	3,235	3,442	3,385	2,945	2,200	2,414
Minority Interest	8	8	7	8	4	4
Shareholders' Equity	3,243	3,450	3,392	2,953	2,204	2,418
Total Liabilities & Equity	6,022	6,214	6,257	5,911	3,969	4,259
Total Debt	886	934	925	990	425	450
Net Cash (Debt)	-607	-491	-468	-466	-67	-75
Net Cash Per Share	-8.34	-6.75	-6.21	-5.86	-0.84	-0.92
Filing Date Shares Outstanding	72.29	72.25	72.18	77.9	79.89	79.82
Total Common Shares Outstanding	72.29	72.25	72.18	77.9	79.89	79.82
Working Capital	1,209	1,448	1,811	1,653	755	766
Book Value Per Share	44.75	47.64	46.89	37.80	27.54	30.24
Tangible Book Value	2,799	2,990	2,934	2,506	1,771	1,935
Tangible Book Value Per Share	38.72	41.38	40.65	32.17	22.17	24.24
Land	-	778	756	742	636	681
Machinery	-	2,693	2,487	2,387	2,179	2,293
Construction In Progress	-	348	286	118	158	130

Source: S&P Capital IQ. Standard template. Financial Sources.