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	358	357	433	592	86	90
Cash & Short-Term Investments	2,131	2,046	2,335	3,669	2,338	1,759
Cash Growth	62.05%	-12.38%	-36.36%	56.93%	32.92%	32.06%
Accounts Receivable	498	452	412	447	679	544
Other Receivables	71	74	188	184	81	101
Receivables	569	526	600	631	760	645
Inventory	16	15	23	18	111	111
Prepaid Expenses	-	49	51	50	24	43
Other Current Assets	258	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	62	65	53	1,431	99	305
Goodwill	341	338	349	394	1,542	2,682
Other Intangible Assets	1,136	1,172	1,270	1,559	1,702	1,470
Long-Term Deferred Tax Assets	394	368	312	273	228	186
Long-Term Deferred Charges	-	87	98	126	149	128
Other Long-Term Assets	230	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	169	179	154	179	228	175
Current Unearned Revenue	-	129	144	159	212	216
Other Current Liabilities	553	75	59	4,294	450	97
Total Current Liabilities	3,763	3,654	3,584	9,228	4,774	4,410
Long-Term Debt	1,911	1,998	2,487	4,507	6,737	6,920
Long-Term Leases	1,096	1,030	977	875	2,667	1,912
Long-Term Unearned Revenue	-	8	13	10	20	17
Long-Term Deferred Tax Liabilities	16	27	26	36	115	127
Other Long-Term Liabilities	72	62	60	57	103	152
Total Liabilities	6,858	6,779	7,147	14,713	14,416	13,538
Common Stock	2	2	2	39	2	2
Additional Paid-In Capital	12,753	12,753	12,753	13,028	12,753	12,753
Retained Earnings	-3,431	-3,530	-3,939	-1,694	-1,246	-1,919
Comprehensive Income & Other	-8,117	-8,126	-7,958	-9,264	-10,923	-10,673
Total Common Equity	1,207	1,099	858	2,109	586	163
Minority Interest	181	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)	-2,572	-2,648	-2,821	-4,884	-8,308	-8,328
Net Cash Per Share	-36.77	-36.55	-40.16	-69.34	-116.55	-118.23
Filing Date Shares Outstanding	70.1	70.62	70.24	70.13	69.97	69.97
Total Common Shares Outstanding	70.1	70.62	70.24	70.13	69.97	69.97
Working Capital	-789	-754	-426	1,086	643	-1,560
Book Value Per Share	17.22	15.56	12.22	30.07	8.38	2.33
Tangible Book Value	-270	-411	-761	156	-2,658	-3,989
Tangible Book Value Per Share	-3.85	-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