XML 112 R91.htm IDEA: XBRL DOCUMENT
v3.8.0.1

IMPAIRMENT - Key assumptions (Details) | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
Key assumptions for determining the recoverable amount |  |  |
Maturity period for an United States Treasury bond | 20 years |  |
Percentage of equity market risk premium | 6.00% | 5.50% | 5.50%
Russia |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 10.60% | 9.70% | 11.20%
Average annual revenue growth rate during forecast period (as a percent) | 1.90% | 2.40% | 2.40%
Terminal growth rate (as a percent) | 1.00% | 1.00% | 1.00%
Average operating margin (as a percent) | 36.40% | 38.60% | 44.10%
Average CAPEX as a percentage of revenue (as a percent) | 15.70% | 15.90% | 16.50%
Ukraine |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 17.10% | 17.20% | 18.20%
Average annual revenue growth rate during forecast period (as a percent) | 3.90% | 3.60% | 3.90%
Terminal growth rate (as a percent) | 2.00% | 1.00% | 3.00%
Average operating margin (as a percent) | 49.90% | 44.90% | 44.90%
Average CAPEX as a percentage of revenue (as a percent) | 15.60% | 17.00% | 19.10%
Algeria |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 10.70% | 9.80% | 11.40%
Average annual revenue growth rate during forecast period (as a percent) | 1.00% | (0.80%) | (0.90%)
Terminal growth rate (as a percent) | 3.00% | 3.00% | 4.00%
Average operating margin (as a percent) | 46.20% | 50.80% | 48.70%
Average CAPEX as a percentage of revenue (as a percent) | 14.80% | 15.80% | 16.30%
Pakistan |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 15.00% | 14.30% | 15.70%
Average annual revenue growth rate during forecast period (as a percent) | 5.00% | 7.60% | 4.80%
Terminal growth rate (as a percent) | 4.00% | 4.00% | 5.00%
Average operating margin (as a percent) | 43.60% | 33.30% | 39.20%
Average CAPEX as a percentage of revenue (as a percent) | 15.30% | 14.30% | 14.10%
Bangladesh |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 12.70% | 11.90% | 13.40%
Average annual revenue growth rate during forecast period (as a percent) | 5.00% | 6.40% | 6.50%
Terminal growth rate (as a percent) | 4.60% | 4.70% | 5.90%
Average operating margin (as a percent) | 38.70% | 44.90% | 41.20%
Average CAPEX as a percentage of revenue (as a percent) | 14.30% | 14.60% | 15.80%
Kazakhstan |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 10.80% | 12.40% | 12.30%
Average annual revenue growth rate during forecast period (as a percent) | 3.20% | 4.40% | 3.50%
Terminal growth rate (as a percent) | 2.40% | 2.00% | 3.00%
Average operating margin (as a percent) | 44.50% | 43.60% | 52.30%
Average CAPEX as a percentage of revenue (as a percent) | 17.90% | 18.80% | 20.30%
Kyrgyzstan |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 15.50% | 14.50% | 14.20%
Average annual revenue growth rate during forecast period (as a percent) | (1.50%) | (1.80%) | 2.40%
Terminal growth rate (as a percent) | 3.50% | 2.50% | 2.50%
Average operating margin (as a percent) | 42.00% | 43.90% | 54.10%
Average CAPEX as a percentage of revenue (as a percent) | 16.40% | 17.00% | 12.30%
Uzbekistan |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 15.30% | 15.40% | 18.40%
Average annual revenue growth rate during forecast period (as a percent) | 6.90% | 1.70% | 1.70%
Terminal growth rate (as a percent) | 6.50% | 1.00% | 2.00%
Average operating margin (as a percent) | 42.90% | 58.20% | 61.20%
Average CAPEX as a percentage of revenue (as a percent) | 14.10% | 18.20% | 16.30%
Armenia |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 13.00% | 12.00% | 12.90%
Average annual revenue growth rate during forecast period (as a percent) | (1.00%) | (2.80%) | (0.70%)
Terminal growth rate (as a percent) | 3.00% | 1.00% | 2.00%
Average operating margin (as a percent) | 29.70% | 37.80% | 35.50%
Average CAPEX as a percentage of revenue (as a percent) | 19.60% | 14.10% | 11.80%
Georgia |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) | 11.00% | 10.30% | 12.60%
Average annual revenue growth rate during forecast period (as a percent) | 5.60% | 6.40% | 6.50%
Terminal growth rate (as a percent) | 1.00% | 1.00% | 3.00%
Average operating margin (as a percent) | 25.20% | 25.70% | 32.20%
Average CAPEX as a percentage of revenue (as a percent) | 23.30% | 17.30% | 16.40%
Tajikistan |  |  |
Key assumptions for determining the recoverable amount |  |  |
Discount rate (functional currency) (as a percent) |  |  | 13.50%
Average annual revenue growth rate during forecast period (as a percent) |  |  | (4.20%)
Terminal growth rate (as a percent) |  |  | 2.00%
Average operating margin (as a percent) |  |  | 42.40%
Average CAPEX as a percentage of revenue (as a percent) |  |  | 13.60%

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | veon_DisclosureOfInformationForKeyAssumptionsOnWhichManagementHasBasedCashFlowProjectionsLineItems
Namespace Prefix: | veon_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Period of time between issuance and maturity of bonds, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Includes, but not limited to, weeks in a year or quarter. + References No definition available. + Details
Name: | veon_MaturityTermForBondsOfUnitedStatesTreasury
Namespace Prefix: | veon_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of average annual revenue growth rate used to forecasts period in functional currency for a cash-generating unit . + References No definition available. + Details
Name: | veon_PercentageOfAverageAnnualRevenueGrowthRateForForecastPeriodInFunctionalCurrency
Namespace Prefix: | veon_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of average capital expenditure as a percentage of revenue from cash-generating unit. + References No definition available. + Details
Name: | veon_PercentageOfAverageCapitalExpenditureAsPercentageOfRevenue
Namespace Prefix: | veon_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of average operating earnings before interest, tax, depreciation and amortization margin for a cash-generating unit. + References No definition available. + Details
Name: | veon_PercentageOfAverageOperatingEarningsBeforeInterestTaxDepreciationAndAmortizationMargin
Namespace Prefix: | veon_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of discount rate in functional currency applied to cash flow projections for a cash-generating unit (group of units). + References No definition available. + Details
Name: | veon_PercentageOfDiscountRateInFunctionalCurrencyOfCashGeneratingUnits
Namespace Prefix: | veon_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of equity market risk premium. + References No definition available. + Details
Name: | veon_PercentageOfEquityMarketRiskPremium
Namespace Prefix: | veon_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of terminal growth rate of cash-generating unit (group of units). + References No definition available. + Details
Name: | veon_PercentageOfTerminalGrowthRateOfCashGeneratingUnits
Namespace Prefix: | veon_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_RussiaCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_UkraineCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_AlgeriaCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_PakistanCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_BangladeshCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_KazakhstanCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_KyrgyzstanCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_UzbekistanCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_ArmeniaCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_GeorgiaCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=veon_TajikistanCashGeneratingUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |