VEON Ltd. (VEON)

VEON Ltd. Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,689	1,876	3,077	2,252	1,669
Short-Term Investments	-	429	592	86	90
Cash & Short-Term Investments	1,689	2,305	3,669	2,338	1,759
Cash Growth	-26.72%	-37.18%	56.93%	32.92%	32.06%
Accounts Receivable	463	423	447	679	544
Other Receivables	-	281	184	81	101
Receivables	463	704	631	760	645
Inventory	-	23	18	111	111
Prepaid Expenses	-	51	50	24	43
Other Current Assets	676	140	5,946	2,184	292
Total Current Assets	2,828	3,223	10,314	5,417	2,850
Property, Plant & Equipment	3,016	2,949	2,892	6,717	6,879
Long-Term Investments	-	1,790	1,431	99	305
Goodwill	-	349	394	1,542	2,682
Other Intangible Assets	1,510	1,263	1,559	1,702	1,470
Long-Term Deferred Tax Assets	-	311	273	228	186
Long-Term Deferred Charges	-	98	126	149	128
Other Long-Term Assets	682	81	31	67	51
Total Assets	8,036	10,064	17,020	15,921	14,551
Accounts Payable	1,276	1,270	1,126	2,031	1,946
Accrued Expenses	-	305	299	611	721
Current Portion of Long-Term Debt	1,666	1,722	3,171	1,242	1,255
Current Income Taxes Payable	-	151	179	228	175
Current Unearned Revenue	-	144	159	212	216
Other Current Liabilities	712	45	4,294	450	97
Total Current Liabilities	3,654	3,637	9,228	4,774	4,410
Long-Term Debt	1,995	2,457	4,507	6,737	6,920
Long-Term Leases	1,033	1,078	875	2,667	1,912
Long-Term Unearned Revenue	-	13	10	20	17
Long-Term Deferred Tax Liabilities	-	26	36	115	127
Other Long-Term Liabilities	97	56	57	103	152
Total Liabilities	6,779	7,267	14,713	14,416	13,538
Common Stock	1,257	39	39	2	2
Additional Paid-In Capital	-	13,028	13,028	12,753	12,753
Retained Earnings	-	-4,032	-1,694	-1,246	-1,919
Comprehensive Income & Other	-	-6,451	-9,264	-10,923	-10,673
Total Common Equity	1,257	2,584	2,109	586	163
Minority Interest	-	213	198	919	850
Shareholders' Equity	1,257	2,797	2,307	1,505	1,013
Total Liabilities & Equity	8,036	10,064	17,020	15,921	14,551
Total Debt	4,694	5,257	8,553	10,646	10,087
Net Cash (Debt)	-3,005	-2,952	-4,884	-8,308	-8,328
Net Cash Per Share	-41.48	-41.41	-68.52	-116.55	-118.23
Filing Date Shares Outstanding	70.8	70.24	70.13	69.97	69.97
Total Common Shares Outstanding	70.8	70.24	70.13	69.97	69.97
Working Capital	-826	-414	1,086	643	-1,560
Book Value Per Share	17.75	36.79	30.07	8.38	2.33
Tangible Book Value	-253	972	156	-2,658	-3,989
Tangible Book Value Per Share	-3.57	13.84	2.22	-37.99	-57.01
Land	-	136	-	-	-
Machinery	-	5,004	-	-	-

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q