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CONDENSED SEPARATE FINANCIAL INFORMATION OF VEON LTD - Condensed Statement of Cash Flows (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Investing activities |  |  |  |
Other cash flows from investing activities |  | $ 0 | $ (1) | $ (3)
Financing activities |  |  |  |
Proceeds from borrowings net of fees paid | [1] | 955 | 194 | 2,087
Repayment of borrowings |  | 1,483 | 1,098 | 1,619
Net (decrease) / increase in cash and cash equivalents |  | (179) | (1,271) | 1,017
Cash and cash equivalents at beginning of period |  | 1,902 |  |
Cash and cash equivalents at end of period |  | 1,689 | 1,902 |
Repayment of debt |  | (1,483) | (1,098) | (1,619)
Veon Ltd. |  |  |  |
Operating activities |  |  |  |
Net cash flows from operating activities |  | (80) | (104) | (108)
Investing activities |  |  |  |
Receipt of capital surplus from a subsidiary |  | 0 | 0 | 0
Other cash flows from investing activities |  | 4 | 2 | 0
Net cash flows used in investing activities |  | 4 | 2 | 0
Financing activities |  |  |  |
Proceeds from borrowings net of fees paid |  | 88 | 100 | 60
Repayment of borrowings |  | 16 | 0 | 0
Net cash flows generated from financing activities |  | 72 | 100 | 60
Net (decrease) / increase in cash and cash equivalents |  | (4) | (2) | (48)
Cash and cash equivalents at beginning of period |  | 4 | 6 | 54
Cash and cash equivalents at end of period |  | 0 | 4 | 6
Repayment of debt |  | $ (16) | $ 0 | $ 0
[1] | * Fees paid in 2024 for borrowings were US$9 (2023: US$18, 2022: US$11).

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