VEON Ltd. (VEON)

VEON Ltd. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,773	1,689	1,902	3,077	2,252	1,669
Short-Term Investments	-	357	433	592	86	90
Cash & Short-Term Investments	1,773	2,046	2,335	3,669	2,338	1,759
Cash Growth	34.83%	-12.38%	-36.36%	56.93%	32.92%	32.06%
Accounts Receivable	498	452	412	447	679	544
Other Receivables	-	74	188	184	81	101
Receivables	498	526	600	631	760	645
Inventory	-	15	23	18	111	111
Prepaid Expenses	-	49	51	50	24	43
Other Current Assets	703	264	149	5,946	2,184	292
Total Current Assets	2,974	2,900	3,158	10,314	5,417	2,850
Property, Plant & Equipment	3,109	3,016	2,898	2,892	6,717	6,879
Long-Term Investments	-	65	53	1,431	99	305
Goodwill	-	338	349	394	1,542	2,682
Other Intangible Assets	1,478	1,172	1,270	1,559	1,702	1,470
Long-Term Deferred Tax Assets	-	368	312	273	228	186
Long-Term Deferred Charges	-	87	98	126	149	128
Other Long-Term Assets	685	90	80	31	67	51
Total Assets	8,246	8,036	8,218	17,020	15,921	14,551
Accounts Payable	1,345	1,276	1,200	1,126	2,031	1,946
Accrued Expenses	-	329	335	299	611	721
Current Portion of Long-Term Debt	1,696	1,666	1,692	3,171	1,242	1,255
Current Income Taxes Payable	-	179	154	179	228	175
Current Unearned Revenue	-	129	144	159	212	216
Other Current Liabilities	722	75	59	4,294	450	97
Total Current Liabilities	3,763	3,654	3,584	9,228	4,774	4,410
Long-Term Debt	1,912	1,998	2,487	4,507	6,737	6,920
Long-Term Leases	1,095	1,030	977	875	2,667	1,912
Long-Term Unearned Revenue	-	8	13	10	20	17
Long-Term Deferred Tax Liabilities	-	27	26	36	115	127
Other Long-Term Liabilities	88	62	60	57	103	152
Total Liabilities	6,858	6,779	7,147	14,713	14,416	13,538
Common Stock	1,388	2	2	39	2	2
Additional Paid-In Capital	-	12,753	12,753	13,028	12,753	12,753
Retained Earnings	-	-3,530	-3,939	-1,694	-1,246	-1,919
Comprehensive Income & Other	-	-8,126	-7,958	-9,264	-10,923	-10,673
Total Common Equity	1,388	1,099	858	2,109	586	163
Minority Interest	-	158	213	198	919	850
Shareholders' Equity	1,388	1,257	1,071	2,307	1,505	1,013
Total Liabilities & Equity	8,246	8,036	8,218	17,020	15,921	14,551
Total Debt	4,703	4,694	5,156	8,553	10,646	10,087
Net Cash (Debt)	-2,930	-2,648	-2,821	-4,884	-8,308	-8,328
Net Cash Per Share	-40.29	-36.55	-40.16	-69.34	-116.55	-118.23
Filing Date Shares Outstanding	70.68	70.62	70.24	70.13	69.97	69.97
Total Common Shares Outstanding	70.68	70.62	70.24	70.13	69.97	69.97
Working Capital	-789	-754	-426	1,086	643	-1,560
Book Value Per Share	19.64	15.56	12.22	30.07	8.38	2.33
Tangible Book Value	-90	-411	-761	156	-2,658	-3,989
Tangible Book Value Per Share	-1.27	-5.82	-10.83	2.22	-37.99	-57.01
Land	-	163	-	-	-	-
Machinery	-	5,147	-	-	-	-

Updated Apr 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q