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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2017
INCOME TAXES |
Summary of income tax expense |
|  | 2017 |  | 2016 |  | 2015 |
Current income taxes |  |  |  |  |  |  |  |  |  |
Current year |  |  | 397 |  |  | 615 |  |  | 712 |
Adjustments in respect of previous years |  |  | (28 | ) |  | (3 | ) |  | 38 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total current income taxes |  |  | 369 |  |  | 612 |  |  | 750 |
Deferred income taxes |  |  |  |  |  |  |  |  |  |
Origination / reversal of temporary differences |  |  | (166 | ) |  | (217 | ) |  | (782 | )
Changes in tax rates |  |  | 10 |  |  | (7 | ) |  | 24 |
Current year tax losses unrecognized |  |  | 153 |  |  | 172 |  |  | 207 |
Recognition / utilization of previously unrecognized tax losses or tax credits |  |  | — |  |  | (15 | ) |  | (23 | )
Derecognition of previously recognized tax losses |  |  | — |  |  | 95 |  |  | 32 |
Expiration of tax losses |  |  | — |  |  | 2 |  |  | — |
Write off deferred tax assets |  |  | 20 |  |  | — |  |  | 7 |
Adjustments in respect of previous years |  |  | 86 |  |  | — |  |  | 6 |
Other |  |  | — |  |  | (7 | ) |  | (1 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total deferred tax expense |  |  | 103 |  |  | 23 |  |  | (530 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income tax expense |  |  | 472 |  |  | 635 |  |  | 220 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Summary of reconciliation between statutory and effective income tax |
|  | 2017 |  | 2016 |  | 2015 |
(Loss) / profit before tax from continued operations |  |  | (24 | ) |  | 347 |  |  | (595 | )
Income tax benefit at statutory tax rate (25.0%) |  |  | (6 | ) |  | 87 |  |  | (148 | )
Difference due to the effects of: |  |  |  |  |  |  |  |  |  |
Different tax rates in different jurisdictions |  |  | (90 | ) |  | 152 |  |  | (76 | )
Non-deductible expenses |  |  | 216 |  |  | 89 |  |  | 320 |
Non-taxable income |  |  | (35 | ) |  | (81 | ) |  | (11 | )
Adjustments in respect of previous years |  |  | 52 |  |  | (3 | ) |  | 44 |
Movement in (un)recognized deferred tax assets |  |  | 173 |  |  | 247 |  |  | 230 |
Withholding taxes |  |  | 123 |  |  | 62 |  |  | (179 | )
Tax claims |  |  | 25 |  |  | 59 |  |  | 5 |
Change in income tax rate |  |  | 10 |  |  | (7 | ) |  | 28 |
Minimum taxes and other |  |  | 4 |  |  | 30 |  |  | 7 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income tax expense |  |  | 472 |  |  | 635 |  |  | 220 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Effective tax rate |  |  | – 1,966.7 | % |  | 183.0 | % |  | – 37.0 | %
Schedule of deferred tax assets and liabilities in the statement of financial position |
|  | 2017 |  | 2016 |
Deferred tax assets |  |  | 272 |  |  | 343 |
Deferred tax liabilities |  |  | (376 | ) |  | (331 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net deferred tax position |  |  | (104 | ) |  | 12 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Summary of movements of deferred tax assets and liabilities | The following table shows the movements of the deferred tax assets and liabilities in 2017:
|  |  |  | Movement in deferred taxes |
|  | Opening balance |  | Net income statement movement |  | Changes in composition of the group |  | Other comprehensive & other |  | Currency translation |  | Tax rate changes |  | Closing balance |
Property and equipment, net |  |  | (420 | ) |  | (6 | ) |  | — |  |  | (13 | ) |  | (4 | ) |  | — |  |  | (443 | )
Intangible assets, net |  |  | (166 | ) |  | — |  |  | — |  |  | (4 | ) |  | 5 |  |  | — |  |  | (165 | )
Trade receivables |  |  | 30 |  |  | 19 |  |  | — |  |  | (4 | ) |  | (9 | ) |  | — |  |  | 36 |
Other assets |  |  | (3 | ) |  | (12 | ) |  | — |  |  | 1 |  |  | 6 |  |  | — |  |  | (8 | )
Provisions |  |  | 29 |  |  | 3 |  |  | — |  |  | (3 | ) |  | 4 |  |  | — |  |  | 33 |
Long-term debt |  |  | 25 |  |  | (6 | ) |  | — |  |  | (7 | ) |  | 1 |  |  | — |  |  | 13 |
Accounts payable |  |  | 94 |  |  | 38 |  |  | — |  |  | 28 |  |  | (27 | ) |  | — |  |  | 133 |
Other liabilities |  |  | 53 |  |  | (27 | ) |  | — |  |  | (33 | ) |  | 30 |  |  | — |  |  | 23 |
Other movements and temporary differences |  |  | 23 |  |  | (24 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (1 | )
Deferred subnational income taxes and other |  |  | (1 | ) |  | 2 |  |  | — |  |  | 4 |  |  | (4 | ) |  | — |  |  | 1 |
Withholding tax on distributed earnings |  |  | (73 | ) |  | (43 | ) |  | — |  |  | 1 |  |  | (1 | ) |  | — |  |  | (116 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  | (409 | ) |  | (56 | ) |  | — |  |  | (30 | ) |  | 1 |  |  | — |  |  | (494 | )
Tax losses and other balances carried forwards |  |  | 2,270 |  |  | (47 | ) |  | — |  |  | 197 |  |  | (50 | ) |  | — |  |  | 2,370 |
Non-recognized deferred tax assets on losses and credits |  |  | (1,822 | ) |  | — |  |  | — |  |  | (158 | ) |  | — |  |  | — |  |  | (1,980 | )
Non-recognized deferred tax assets on temporary differences |  |  | (27 | ) |  | — |  |  | — |  |  | 27 |  |  | — |  |  | — |  |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net deferred tax positions |  |  | 12 |  |  | (103 | ) |  | — |  |  | 36 |  |  | (49 | ) |  | — |  |  | (104 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The following table shows the movements of the deferred tax assets and liabilities in 2016:
|  |  |  | Movement in deferred taxes |
|  | Opening balance |  | Net income statement movement |  | Changes in composition of the group |  | Other comprehensive & other |  | Currency translation |  | Tax rate changes |  | Closing balance |
Property and equipment, net |  |  | (499 | ) |  | 32 |  |  | 74 |  |  | 26 |  |  | (54 | ) |  | 1 |  |  | (420 | )
Intangible assets, net |  |  | (228 | ) |  | 32 |  |  | (3 | ) |  | 37 |  |  | (3 | ) |  | (1 | ) |  | (166 | )
Trade receivables |  |  | 21 |  |  | 13 |  |  | — |  |  | (1 | ) |  | (3 | ) |  | — |  |  | 30 |
Other assets |  |  | (5 | ) |  | 3 |  |  | — |  |  | — |  |  | (1 | ) |  | — |  |  | (3 | )
Provisions |  |  | 23 |  |  | 3 |  |  | 3 |  |  | (1 | ) |  | 1 |  |  | — |  |  | 29 |
Long-term debt |  |  | 9 |  |  | 9 |  |  | — |  |  | (1 | ) |  | 8 |  |  | — |  |  | 25 |
Accounts payable |  |  | 71 |  |  | 8 |  |  | — |  |  | 1 |  |  | 14 |  |  | — |  |  | 94 |
Other liabilities |  |  | 45 |  |  | 7 |  |  | 1 |  |  | (2 | ) |  | 2 |  |  | — |  |  | 53 |
Other movements and temporary differences |  |  | 20 |  |  | — |  |  | — |  |  | 1 |  |  | 1 |  |  | — |  |  | 23 |
Deferred subnational income taxes and other |  |  | (2 | ) |  | 1 |  |  | (2 | ) |  | 2 |  |  | — |  |  | — |  |  | (1 | )
Withholding tax on distributed earnings |  |  | (45 | ) |  | (26 | ) |  | — |  |  | — |  |  | (2 | ) |  | — |  |  | (73 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  | (590 | ) |  | 82 |  |  | 73 |  |  | 62 |  |  | (37 | ) |  | — |  |  | (409 | )
Tax losses and other balances carried forwards* |  |  | 2,613 |  |  | (89 | ) |  | 233 |  |  | (14 | ) |  | (298 | ) |  | (174 | ) |  | 2,270 |
Non-recognized deferred tax assets on losses and credits * |  |  | (2,263 | ) |  | — |  |  | — |  |  | (44 | ) |  | 311 |  |  | 174 |  |  | (1,822 | )
Non-recognized deferred tax assets on temporary differences |  |  | (14 | ) |  | (16 | ) |  | — |  |  | — |  |  | 3 |  |  | — |  |  | (27 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net deferred tax positions |  |  | (254 | ) |  | (23 | ) |  | 306 |  |  | 4 |  |  | (21 | ) |  | — |  |  | 12 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
* The deferred tax movements in other comprehensive income in 2016 relates to non-recognized deferred tax asset on losses of US$3 for Wind Telecom S.p.A.
Summary of amount and expiry date of deductible temporary differences, unused tax losses and other carry forwards |
As of December 31, 2017 |  | 0 - 5 years |  | 6 - 10 years |  | More than 10 years |  | Indefinite |  | Total |
Tax losses expiry |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recognized losses |  |  | (347 | ) |  | (12 | ) |  | — |  |  | (833 | ) |  | (1,192 | )
Recognized DTA |  |  | 85 |  |  | 3 |  |  | — |  |  | 234 |  |  | 322 |
Non-recognized losses |  |  | (420 | ) |  | (2,639 | ) |  | — |  |  | (6,396 | ) |  | (9,455 | )
Non-recognized DTA |  |  | 95 |  |  | 660 |  |  | — |  |  | 1,232 |  |  | 1,987 |
As of December 31, 2017 |  | 0 - 5 years |  | 6 - 10 years |  | More than 10 years |  | Indefinite |  | Total |
Other credits carried forwards expiry |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recognized credits |  |  | (68 | ) |  | — |  |  | — |  |  | — |  |  | (68 | )
Recognized DTA |  |  | 68 |  |  | — |  |  | — |  |  | — |  |  | 68 |
Non-recognized credits |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Non-recognized DTA |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
As of December 31, 2016 |  | 0 - 5 years |  | 6 - 10 years |  | More than 10 years |  | Indefinite |  | Total |
Tax losses expiry |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recognized losses |  |  | (47 | ) |  | — |  |  | — |  |  | (1,223 | ) |  | (1,270 | )
Recognized DTA |  |  | — |  |  | 9 |  |  | — |  |  | 402 |  |  | 411 |
Non-recognized losses |  |  | (1,016 | ) |  | (2,148 | ) |  | — |  |  | (5,137 | ) |  | (8,301 | )
Non-recognized DTA |  |  | 237 |  |  | 537 |  |  | — |  |  | 1,003 |  |  | 1,777 |
Other credits carried forwards expiry |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recognized credits |  |  | (37 | ) |  | — |  |  | — |  |  | — |  |  | (37 | )
Recognized DTA |  |  | 37 |  |  | — |  |  | — |  |  | — |  |  | 37 |
Non-recognized credits |  |  | — |  |  | — |  |  | — |  |  | (187 | ) |  | (187 | )
Non-recognized DTA |  |  | — |  |  | — |  |  | — |  |  | 45 |  |  | 45 |

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