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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,019	1,876	3,077	2,252	1,669	1,250
Short-Term Investments	606	429	592	86	90	82
Cash & Short-Term Investments	1,625	2,305	3,669	2,338	1,759	1,332
Cash Growth	-32.52%	-37.18%	56.93%	32.92%	32.06%	-29.75%
Accounts Receivable	518	423	447	679	544	610
Other Receivables	62	281	184	81	101	34
Receivables	580	704	631	760	645	644
Inventory	24	23	18	111	111	169
Prepaid Expenses	-	51	50	24	43	45
Other Current Assets	294	140	5,946	2,184	292	309
Total Current Assets	2,523	3,223	10,314	5,417	2,850	2,499
Property, Plant & Equipment	2,899	2,949	2,892	6,717	6,879	7,340
Long-Term Investments	76	1,790	1,431	99	305	235
Goodwill	343	349	394	1,542	2,682	3,959
Other Intangible Assets	1,138	1,263	1,559	1,702	1,470	1,729
Long-Term Deferred Tax Assets	343	311	273	228	186	134
Long-Term Deferred Charges	-	98	126	149	128	101
Other Long-Term Assets	174	81	31	67	51	62
Total Assets	7,496	10,064	17,020	15,921	14,551	16,059
Accounts Payable	1,135	1,270	1,126	2,031	1,946	1,847
Accrued Expenses	-	305	299	611	721	831
Current Portion of Long-Term Debt	1,353	1,722	3,171	1,242	1,255	2,585
Current Income Taxes Payable	150	151	179	228	175	102
Current Unearned Revenue	-	144	159	212	216	225
Other Current Liabilities	491	45	4,294	450	97	178
Total Current Liabilities	3,129	3,637	9,228	4,774	4,410	5,768
Long-Term Debt	1,975	2,457	4,507	6,737	6,920	5,676
Long-Term Leases	1,005	1,078	875	2,667	1,912	2,083
Long-Term Unearned Revenue	-	13	10	20	17	18
Long-Term Deferred Tax Liabilities	38	26	36	115	127	141
Other Long-Term Liabilities	75	56	57	103	152	153
Total Liabilities	6,222	7,267	14,713	14,416	13,538	13,839
Common Stock	2	39	39	2	2	2
Additional Paid-In Capital	12,753	13,028	13,028	12,753	12,753	12,753
Retained Earnings	-3,609	-4,032	-1,694	-1,246	-1,919	-1,330
Comprehensive Income & Other	-8,075	-6,451	-9,264	-10,923	-10,673	-10,199
Total Common Equity	1,071	2,584	2,109	586	163	1,226
Minority Interest	203	213	198	919	850	994
Shareholders' Equity	1,274	2,797	2,307	1,505	1,013	2,220
Total Liabilities & Equity	7,496	10,064	17,020	15,921	14,551	16,059
Total Debt	4,333	5,257	8,553	10,646	10,087	10,344
Net Cash (Debt)	-2,708	-2,952	-4,884	-8,308	-8,328	-9,012
Net Cash Per Share	-38.18	-41.41	-68.52	-116.55	-118.23	-128.82
Filing Date Shares Outstanding	70.74	70.24	70.13	69.97	69.97	69.97
Total Common Shares Outstanding	70.74	70.24	70.13	69.97	69.97	69.97
Working Capital	-606	-414	1,086	643	-1,560	-3,269
Book Value Per Share	15.14	36.79	30.07	8.38	2.33	17.52
Tangible Book Value	-410	972	156	-2,658	-3,989	-4,462
Tangible Book Value Per Share	-5.80	13.84	2.22	-37.99	-57.01	-63.77
Land	-	136	-	-	-	-
Machinery	-	5,004	-	-	-	-

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