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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).