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CONDENSED SEPARATE FINANCIAL INFORMATION OF VEON LTD (Tables)
 12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
Condensed statement of financial position
Condensed statement of financial position:
As of December 31
202420232022
Non-current assets
Intangible assets1 3 5 
Tangible fixed assets1 2 2 
Financial fixed assets1,461 1,157 760 
Total non-current assets1,463 1,162 767 
Total current assets143 116 78 
Total assets1,606 1,278 845 
Equity1,099 865 569 
Total liabilities507 413 276 
Total equity and liabilities1,606 1,278 845 
Condensed income statement
Condensed income statement:
for the years ended December 31
  202420232022
Selling, general and administrative expenses(83)(134)(103)
Other operating gains— — — 
Recharged expenses to group companies19 23 10 
Operating (loss)(64)(111)(93)
Finance costs(11)(6)(1)
Share in result of subsidiaries after tax492 (2,410)(68)
Income tax(2)(1)— 
Total non-operating income and expenses479 (2,417)(69)
Profit / (loss) for the year415 (2,528)(162)
Condensed statements of comprehensive income
Condensed statements of comprehensive income:
for the years ended December 31
202420232022
Total comprehensive (loss) / profit for the year, net of tax— — — 
Condensed statement of cash flows
Condensed statement of cash flows:
for the years ended December 31
202420232022
Net cash flows from operating activities(80)(104)(108)
Investing activities
Receipt of capital surplus from a subsidiary— — — 
Other cash flows from investing activities4 2 — 
Net cash flows used in investing activities4 2 — 
Financing activities
Proceeds from borrowings net of fees paid88 100 60 
Repayment of borrowings(16)— — 
Net cash flows generated from financing activities72 100 60 
Net decrease in cash and cash equivalents(4)(2)(48)
Cash and cash equivalents at beginning of period4 6 54 
Cash and cash equivalents at end of period— 4 6