XML 115 R88.htm IDEA: XBRL DOCUMENT v3.25.1
INCOME TAXES - Reconciliation between statutory and effective income tax (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Effective income tax rate reconciliation, difference due to tax effects      
Profit / (loss) before tax from continuing operations $ 704 $ 559 $ 802
Income tax expense at statutory rates noted above (63) (144) (207)
Different tax rates in different jurisdictions (72) 66 45
Non-deductible expenses (14) (50) (46)
Non-taxable income 40 30 11
Adjustments in respect of previous years (10) (14) (6)
Movements in (un)recognized deferred tax assets (23) (35) 117
Recognized losses 473 388  
Withholding taxes (45) (32) 38
Uncertain tax positions (26) 2 (25)
Change in income tax rate 0 4 4
Other (4) (6) 0
Income tax expense $ (217) $ (179) $ (69)
Effective tax rate 30.80% 32.00% 8.60%
Bangladesh      
Effective income tax rate reconciliation, difference due to tax effects      
Recognized losses     $ 108
Russia      
Effective income tax rate reconciliation, difference due to tax effects      
Withholding taxes   $ (16)  
Pakistan, Uzbekistan and Kazakhstan      
Effective income tax rate reconciliation, difference due to tax effects      
Withholding taxes   (15)  
Russia, Ukraine and Pakistan      
Effective income tax rate reconciliation, difference due to tax effects      
Withholding taxes     $ (38)
Netherlands and Luxembourg      
Effective income tax rate reconciliation, difference due to tax effects      
Recognized losses $ 0 0  
Dutch Holdings      
Effective income tax rate reconciliation, difference due to tax effects      
Non-taxable income   $ 25  
Kazakhstan subsidiaries      
Effective income tax rate reconciliation, difference due to tax effects      
Non-taxable income 17    
Maltese subsidiary      
Effective income tax rate reconciliation, difference due to tax effects      
Non-taxable income $ 21