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FINANCIAL RISK MANAGEMENT (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of risk management strategy related to hedge accounting [abstract]  
Schedule of sensitivity analysis
The following table demonstrates the sensitivity to a possible change in exchange rates against the U.S. dollar with all other variables held constant. Additional sensitivity changes to the indicated currencies are expected to be approximately proportionate. The table shows the effect on the Company’s profit before tax (due to changes in the value of monetary assets and liabilities, including foreign currency derivatives). The Company’s exposure to foreign currency changes for all other currencies (including Kazak Tenge) is not material.
Effect on profit / (loss) before tax
Change in foreign exchange rate against US$
10% depreciation
10% appreciation
2024
Russian Ruble8(9)
Bangladeshi Taka(3)4
Pakistani Rupee(3)3
Ukrainian Hryvnia33(36)
Other currencies (net)*(3)2
2023
Russian Ruble14(16)
Bangladeshi Taka(30)33
Pakistani Rupee(13)15
Ukrainian Hryvnia(2)2
Other currencies (net)(3)3
*Other currencies (net)* includes the impact of Kazakhstan Tenge.
Schedule of available facilities for liquidity risk
The Company had the following available facilities as of December 31:
Amounts in millions of transactional currencyUS$ equivalent amounts
Final availability periodFacility amountUtilizedAvailableFacility amountUtilizedAvailable
2024
Pakistan Mobile Communications Limited - Term FacilityMay 2026PKR75,000PKR64,800PKR10,20027023337
Amounts in millions of transactional currencyUS$ equivalent amounts
Final availability periodFacility amountUtilizedAvailableFacility amountUtilizedAvailable
2023
KaR-Tel LLP - Term FacilityNov 2026KZT 15,000KZT 9,800KZT 5,200332211
Banglalink Digital Communications Ltd - Term FacilityMay 2024BDT 8,000BDT 5,000BDT 3,000734627
Schedule of maturity analysis of financial liabilities
The table below summarizes the maturity profile of the Group’s financial liabilities based on contractual undiscounted payments. Payments related to variable interest rate financial liabilities and derivatives are included based on the interest rates and foreign currency exchange rates applicable as of December 31, 2024 and 2023, respectively. The total amounts in the table differ from the carrying amounts as stated in Note 17 as the below table includes both undiscounted principal amounts and interest while the carrying amounts are measured using the effective interest rate method.
Less than 1 year
1-3 years
3-5 years
More than 5 years
Total
As of December 31, 2024
Bank loans and bonds1,472 1,779 354 426 4,031 
Lease liabilities173 581 427 494 1,675 
Trade and other payables1,276 — — — 1,276 
Other financial liabilities86 159 37 41 323 
Total financial liabilities3,007 2,519 818 961 7,305 
Less than 1 year
1-3 years
3-5 years
More than 5 years
Total
As of December 31, 2023
Bank loans and bonds1,433 1,391 1,416 237 4,477 
Lease liabilities150 497 356 514 1,517 
Derivative financial liabilities
Gross cash inflows(14)— — — (14)
Gross cash outflows16 — — — 16 
Trade and other payables1,200 — — — 1,200 
Other financial liabilities137 203 87 66 493 
Total financial liabilities2,922 2,091 1,859 817 7,689