VEON Ltd. (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	862	1,902	3,107	2,252	1,669	1,250
Short-Term Investments	571	433	120	86	90	82
Cash & Short-Term Investments	1,433	2,335	3,227	2,338	1,759	1,332
Cash Growth	-44.76%	-27.64%	38.02%	32.92%	32.06%	-29.75%
Accounts Receivable	495	412	446	679	544	610
Other Receivables	59	188	82	81	101	34
Receivables	554	600	528	760	645	644
Inventory	22	23	18	111	111	169
Prepaid Expenses	-	51	50	24	43	45
Other Current Assets	384	149	5,950	2,184	292	309
Total Current Assets	2,393	3,158	9,773	5,417	2,850	2,499
Property, Plant & Equipment	2,868	2,898	2,848	6,717	6,879	7,340
Long-Term Investments	62	53	71	99	305	235
Goodwill	345	349	394	1,542	2,682	3,959
Other Intangible Assets	1,169	1,270	1,566	1,702	1,470	1,729
Long-Term Deferred Tax Assets	345	312	274	228	186	134
Long-Term Deferred Charges	-	98	126	149	128	101
Other Long-Term Assets	147	80	31	67	51	62
Total Assets	7,329	8,218	15,083	15,921	14,551	16,059
Accounts Payable	1,058	1,200	1,087	2,031	1,946	1,847
Accrued Expenses	-	335	322	611	721	831
Current Portion of Long-Term Debt	1,352	1,692	2,844	1,242	1,255	2,585
Current Income Taxes Payable	166	154	180	228	175	102
Current Unearned Revenue	-	144	159	212	216	225
Other Current Liabilities	547	59	4,285	450	97	178
Total Current Liabilities	3,123	3,584	8,877	4,774	4,410	5,768
Long-Term Debt	1,987	2,487	4,530	6,737	6,920	5,676
Long-Term Leases	1,000	977	806	2,667	1,912	2,083
Long-Term Unearned Revenue	-	13	10	20	17	18
Long-Term Deferred Tax Liabilities	19	26	36	115	127	141
Other Long-Term Liabilities	75	60	57	103	152	153
Total Liabilities	6,204	7,147	14,316	14,416	13,538	13,839
Common Stock	2	2	2	2	2	2
Additional Paid-In Capital	12,753	12,753	12,753	12,753	12,753	12,753
Retained Earnings	-3,817	-3,939	-1,411	-1,246	-1,919	-1,330
Comprehensive Income & Other	-8,027	-7,958	-10,775	-10,923	-10,673	-10,199
Total Common Equity	911	858	569	586	163	1,226
Minority Interest	214	213	198	919	850	994
Shareholders' Equity	1,125	1,071	767	1,505	1,013	2,220
Total Liabilities & Equity	7,329	8,218	15,083	15,921	14,551	16,059
Total Debt	4,339	5,156	8,180	10,646	10,087	10,344
Net Cash (Debt)	-2,906	-2,821	-4,953	-8,308	-8,328	-9,012
Net Cash Per Share	-41.13	-39.58	-69.49	-116.55	-118.23	-128.82
Filing Date Shares Outstanding	70.65	70.24	70.13	69.97	69.97	69.97
Total Common Shares Outstanding	70.65	70.24	70.13	69.97	69.97	69.97
Working Capital	-730	-426	896	643	-1,560	-3,269
Book Value Per Share	12.89	12.22	8.11	8.38	2.33	17.52
Tangible Book Value	-603	-761	-1,391	-2,658	-3,989	-4,462
Tangible Book Value Per Share	-8.53	-10.83	-19.83	-37.99	-57.01	-63.77
Land	-	151	-	-	-	-
Machinery	-	5,223	-	-	-	-

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