XML 89 R68.htm IDEA: XBRL DOCUMENT
v3.8.0.1

FINANCIAL RISK MANAGEMENT - Foreign currency risk (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 31, 2016
Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Change in foreign exchange rate against US$ | 10.00% | 10.00%
Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Change in foreign exchange rate against US$ | 10.00% | 10.00%
Euro | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | $ (18) | $ (9)
Effect on other comprehensive income | 132 |
Euro | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 20 | 10
Effect on other comprehensive income | (145) |
Pakistani Rupee | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | (27) | (30)
Pakistani Rupee | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 30 | 33
Algerian Dinar | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | (3) | (3)
Algerian Dinar | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 3 | 4
Uzbek Som | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | (12) | (4)
Effect on other comprehensive income |  | (27)
Uzbek Som | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 13 | 4
Effect on other comprehensive income |  | 30
RUB | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 44 | (80)
Effect on other comprehensive income |  | 30
RUB | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | (48) | 84
Effect on other comprehensive income |  | (33)
Bangladeshi Taka | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | (69) | (68)
Bangladeshi Taka | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 76 | 75
Kazakh Tenge | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 4 | 5
Kazakh Tenge | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | (5) | (5)
Georgian Lari | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | (32) | (30)
Georgian Lari | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 35 | 33
Armenian dram | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 0 | 18
Armenian dram | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 1 | (20)
Other currencies | Risk of exchange rate depreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | 0 | (5)
Other currencies | Risk of exchange rate appreciation |  |
Foreign currency sensitivity |  |
Effect on profit / (loss) before tax | $ 0 | $ 5

X
- References No definition available. + Details
Name: | ifrs-full_ForeignExchangeRatesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The increase (decrease) in other comprehensive income, before tax, as a result of a increase (decrease) in a designated risk exposure that was reasonably possible at the end of the reporting period. + References No definition available. + Details
Name: | veon_IncreaseDecreaseInOtherComprehensiveIncomeBeforeTaxDueToReasonablyPossibleIncreaseDecreaseInDesignatedRiskExposure
Namespace Prefix: | veon_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Effect on profit (loss) before tax due to potential increase (decrease) in designated risk exposure. + References No definition available. + Details
Name: | veon_IncreaseDecreaseInProfitLossBeforeTaxDueToReasonablyPossibleIncreaseDecreaseInDesignatedRiskExposure
Namespace Prefix: | veon_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The reasonably possible percentage of change in the designated risk exposure used to determine the financial impact in a sensitivity analysis. A decrease would result in a positive change to equity and income. An increase would result in a negative change to equity and income in the same amounts. + References No definition available. + Details
Name: | veon_SensitivityAnalysisPercentageOfReasonablyPossibleChangeInRiskExposure
Namespace Prefix: | veon_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=veon_CurrencyDepreciationRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=veon_CurrencyAppreciationRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=currency_EUR
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=currency_PKR
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=veon_AlgerianDinarMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=veon_UzbekSomMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=currency_RUB
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=currency_BDT
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=currency_KZT
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=currency_GEL
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=veon_ArmenianDramMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=veon_OtherCurrenciesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |