XML 76 R49.htm IDEA: XBRL DOCUMENT
v3.25.1

PROPERTY AND EQUIPMENT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Property, plant and equipment [abstract] |
Schedule of property and equipment, including right-of-use assets | The following table summarizes the movement in the net book value of property and equipment for the years ended December 31:
Net book value | Telecomm-unications equipment | Land, buildings and constructions | Office and other equipment | Equipment not installed and assets under construction | Right-of-use assets | Total
As of January 1, 2023 | 1,698 | 61 | 97 |  | 286 | 706 |  | 2,848 |
Additions | 79 |  | 3 |  | 31 |  | 438 |  | 318 |  | 869 |
Disposals | (1) |  | — |  | (3) |  | 4 |  | (28) |  | (28) |
Depreciation charge for the year | (349) |  | (6) |  | (26) |  | — |  | (146) |  | (527) |
Divestment and reclassification as held for sale | (12) |  | — |  | (1) |  | — |  | — |  | (13) |
Impairment | (3) |  | — |  | (3) |  | (2) |  | — |  | (8) |
Impairment reversal | 2 |  | — |  | — |  | 10 |  | 2 |  | 14 |
Transfers | 456 |  | 7 |  | 12 |  | (492) |  | — |  | (17) |
Modifications of right-of-use assets | — |  | — |  | — |  | — |  | 29 |  | 29 |
Translation adjustment | (182) |  | (4) |  | (5) |  | (18) |  | (60) |  | (269) |
As of December 31, 2023 | 1,688 | 61 | 102 |  | 226 | 821 |  | 2,898 |
Additions | 82 |  | 3 |  | 29 |  | 572 |  | 200 |  | 886 |
Disposals | (11) |  | — |  | (5) |  | — |  | (12) |  | (28) |
Depreciation charge for the year | (335) |  | (8) |  | (31) |  | — |  | (155) |  | (529) |
Divestment and reclassification as held for sale ** | (44) |  | — |  | (9) |  | (21) |  | (7) |  | (81) |
Impairment | (3) |  | — |  | — |  | (2) |  | (1) |  | (6) |
Impairment reversal | 1 |  | — |  | — |  | 1 |  | 1 |  | 3 |
Transfers | 433 |  | 22 |  | 26 |  | (493) |  | (10) |  | (22) |
Modifications of right-of-use assets | — |  | — |  | — |  | — |  | 84 |  | 84 |
Translation adjustment | (97) |  | (6) |  | (10) |  | (16) |  | (60) |  | (189) |
As of December 31, 2024 | 1,714 | 72 | 102 |  | 267 | 861 |  | 3,016 |
Cost | 4,508 |  | 163 |  | 359 |  | 280 |  | 1,370 |  | 6,680 |
Accumulated depreciation and impairment | (2,794) |  | (91) |  | (257) |  | (13) |  | (509) |  | (3,664) |
** This relates to the classification of Kyrgyzstan as held-for-sale and sale of TNS+ in Kazakhstan as explained in Note 11.
Schedule of movements in net book value of right-of-use assets | The following table summarizes the movement in the net book value of right-of-use assets ("ROU") for the year ended December 31:
Net book value | ROU - Telecommunications Equipment | ROU - Land, Buildings and Constructions | ROU - Office and Other Equipment | Total
As of January 1, 2023 | 661 |  | 44 |  | 1 |  | 706 |
Additions | 271 |  | 32 |  | 15 |  | 318 |
Disposals | (25) |  | (3) |  | — |  | (28) |
Depreciation charge for the year | (131) |  | (13) |  | (2) |  | (146) |
Impairment reversal | 2 |  | — |  | — |  | 2 |
Transfers | 1 |  | (1) |  | — |  | — |
Modifications and reassessments | 25 |  | 5 |  | (1) |  | 29 |
Translation adjustment | (57) |  | (3) |  | — |  | (60) |
As of December 31, 2023 | 747 |  | 61 |  | 13 |  | 821 |
Additions | 167 |  | 23 |  | 10 |  | 200 |
Disposals | (8) |  | (4) |  | — |  | (12) |
Depreciation charge for the year | (133) |  | (17) |  | (5) |  | (155) |
Divestment and reclassification as held for sale | (4) |  | (3) |  | — |  | (7) |
Impairment | (1) |  | — |  | — |  | (1) |
Impairment reversal | 1 |  | — |  | — |  | 1 |
Transfers | (9) |  | (1) |  | — |  | (10) |
Modifications and reassessments | 69 |  | 15 |  | — |  | 84 |
Translation adjustment | (53) |  | (6) |  | (1) |  | (60) |
As of December 31, 2024 | 776 |  | 68 |  | 17 |  | 861 |
Cost | 1,234 |  | 111 |  | 25 |  | 1,370 |
Accumulated depreciation and impairment | (458) |  | (43) |  | (8) |  | (509) |
Schedule of capital commitments for the future purchase of equipment | Capital commitments for the future purchase of equipment are as follows as of December 31:
|  | 2024 | 2023
Less than 1 year |  | 178 | 139
Total commitments |  | 178 | 139
Capital commitments for the future purchase of intangible assets are as follows as of December 31:
|  | 2024 | 2023
Less than 1 year |  | 15 | 9 |
Total commitments |  | 15 | 9 |
Schedule of estimated useful lives | Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets. The useful life of VEON's assets generally fall within the following ranges:
Class of property and equipment | Useful life
Telecommunication equipment | 3 – 30 years
Buildings and constructions | 10 – 50 years
Office and other equipment | 2 – 10 years
Right-of-use assets | Equivalent lease term
The amortization period and the amortization method for intangible assets with finite useful lives are reviewed at least annually and fall within the following ranges:
Class of intangible asset | Useful life
Telecommunications licenses, frequencies and permissions | 3 - 20 years
Software | 3 - 10 years
Brands and trademarks | 3 - 15 years
Customer relationships | 10 - 21 years
Other intangible assets | 4 - 10 years

X
- Definition The disclosure of commitments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfCommitmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of quantitative information about right-of-use assets. [Refer: Right-of-use assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2024-01-01 -Paragraph 53 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2024-en-r&anchor=para_53&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the reconciliation of changes in property, plant and equipment, including right-of-use assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 16 -IssueDate 2024-01-01 -Paragraph 73 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=16&code=ifrs-tx-2024-en-r&anchor=para_73_e&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfReconciliationOfChangesInPropertyPlantAndEquipmentIncludingRightofuseAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition The disclosure of detailed information about estimated useful life of the assets. + References No definition available. + Details
Name: | vip_DisclosureOfUsefulLifeOfAssetsTableTextBlock
Namespace Prefix: | vip_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration