← VEON Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income | — | — | — | — | — | — | ($162.0m) | ($2.5b) | $415.0m | $532.0m | |
| Net Income From Continuing Operations | — | — | — | — | — | — | $802.0m | $559.0m | $704.0m | $785.0m | |
| Adjustments For Depreciation And Amortisation Expense And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | — | — | $2.7b | $2.2b | $2.7b | $1.9b | $671.0m | $729.0m | $731.0m | $811.0m | |
| Amortization Cash Flow | — | — | — | — | — | $194.0m | $221.0m | $208.0m | — | — | |
| Amortization Of Intangibles | — | — | — | — | — | $194.0m | $221.0m | $208.0m | — | — | |
| Depreciation | — | — | — | — | — | — | $671.0m | $729.0m | $731.0m | $811.0m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $671.0m | $729.0m | $731.0m | $811.0m | |
| Adjustments For Deferred Tax Of Prior Periods | — | $86.0m | $28.0m | $3.0m | $9.0m | ($22.0m) | ($5.0m) | $1.0m | $3.0m | ($2.0m) | |
| Asset Impairment Charge | — | — | — | — | — | $27.0m | ($107.0m) | ($6.0m) | — | — | |
| Additional Financial Items | |||||||||||
| Adjustments For Current Tax Of Prior Period | ($3.0m) | ($28.0m) | $9.0m | $5.0m | ($1.0m) | $43.0m | $10.0m | $13.0m | $7.0m | ($3.0m) | |
| Adjustments For Finance Costs | $830.0m | $935.0m | $816.0m | $892.0m | $683.0m | $690.0m | $583.0m | $531.0m | $495.0m | $535.0m | |
| Adjustments For Finance Income | $69.0m | $95.0m | $67.0m | $53.0m | $23.0m | $16.0m | $32.0m | $60.0m | $49.0m | $52.0m | |
| Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates | — | — | $30.0m | $1.0m | ($78.0m) | $101.0m | $88.0m | $0 | $145.0m | $400.0m | |
| Adjustments For Unrealised Foreign Exchange Losses Gains | — | — | — | — | — | — | — | — | ($9.0m) | $41.0m | |
| Goodwill | $4.7b | $4.4b | $3.8b | $4.0b | $2.7b | $1.5b | $394.0m | $349.0m | $338.0m | $399.0m | |
| Interest Received Classified As Operating Activities | $63.0m | $89.0m | $60.0m | $58.0m | $23.0m | $16.0m | $25.0m | $53.0m | $43.0m | $44.0m | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | — | — | — | — | — | — | $250.0m | |
| Payments To Acquire Or Redeem Entitys Shares | — | — | — | — | — | — | — | — | $8.0m | $105.0m | |
| Purchase Of Intangible Assets Classified As Investing Activities | — | — | — | — | — | — | $376.0m | $235.0m | $280.0m | $216.0m | |
| Repayments Of Borrowings Classified As Financing Activities | $1.8b | $5.9b | $4.1b | $3.0b | $4.4b | $2.5b | $1.6b | $1.1b | $1.5b | $1.3b | |
| Receipt of capital surplus from a subsidiary | — | — | — | $650.0m | $317.0m | ($1.0m) | $0 | $0 | $0 | $0 | |
| Proceeds from borrowings net of fees paid | — | — | — | — | — | — | $2.1b | $194.0m | $955.0m | $971.0m | |
| Repayment of borrowings | ($1.8b) | ($5.9b) | ($4.1b) | ($3.0b) | ($4.4b) | ($2.5b) | ($1.6b) | $1.1b | $1.5b | $1.3b | |
| Beginning Cash Position | — | — | — | — | — | — | $2.2b | $3.1b | $1.9b | $1.7b | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $456.0m | ($919.0m) | ($551.0m) | ($548.0m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.1b) | ($1.0b) | ($778.0m) | ($791.0m) | |
| Cash Flow From Discontinued Operation | — | — | — | — | — | — | ($54.0m) | $102.0m | ($14.0m) | $14.0m | |
| Cash From Discontinued Financing Activities | — | — | — | — | — | — | ($340.0m) | ($226.0m) | $0 | $0 | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | — | ($599.0m) | ($1.2b) | $0 | $0 | |
| Change In Inventory | — | — | — | — | — | — | ($12.0m) | ($19.0m) | ($9.0m) | ($16.0m) | |
| Change In Other Working Capital | — | — | — | — | — | — | $48.0m | $125.0m | $73.0m | $96.0m | |
| Change In Payable | — | — | — | — | — | — | $52.0m | $143.0m | $130.0m | $142.0m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $52.0m | $143.0m | $130.0m | $142.0m | |
| Change In Receivables | — | — | — | — | — | — | ($154.0m) | ($1.0m) | ($81.0m) | ($145.0m) | |
| Change In Working Capital | — | — | — | — | — | — | ($66.0m) | $248.0m | $113.0m | $77.0m | |
| Changes In Cash | — | — | — | — | — | — | $963.0m | ($1.2b) | ($193.0m) | $28.0m | |
| End Cash Position | — | — | — | — | — | — | $3.1b | $1.9b | $1.7b | $1.7b | |
| Financing Cash Flow | — | — | — | — | — | — | $116.0m | ($1.1b) | ($551.0m) | ($548.0m) | |
| Free Cash Flow | — | — | — | — | — | — | $1.5b | $1.3b | $243.0m | $404.0m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | ($88.0m) | $0 | ($145.0m) | ($400.0m) | |
| Interest Received CFO | — | — | — | — | — | — | $25.0m | $53.0m | $43.0m | $44.0m | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.7b) | ($2.2b) | ($778.0m) | ($791.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | — | $0 | $0 | $132.0m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $24.0m | $0 | $34.0m | $284.0m | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($181.0m) | ($81.0m) | ($9.0m) | $41.0m | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($376.0m) | ($235.0m) | ($280.0m) | ($216.0m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($634.0m) | ($517.0m) | ($525.0m) | ($723.0m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($268.0m) | ($127.0m) | ($159.0m) | ($361.0m) | |
| Other Non Cash Items | — | — | — | — | — | — | $542.0m | $451.0m | $415.0m | $775.0m | |
| Purchase Of Business | — | — | — | — | — | — | ($16.0m) | $0 | ($2.0m) | ($157.0m) | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($376.0m) | ($235.0m) | ($280.0m) | ($216.0m) | |
| Purchase Of PPE | — | $2.0b | $1.9b | $1.7b | $1.8b | $1.8b | ($634.0m) | ($531.0m) | ($627.0m) | ($733.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($8.0m) | ($105.0m) | |
| Sale Of Business | — | — | — | — | — | — | $40.0m | $0 | $36.0m | $441.0m | |
| Sale Of PPE | — | — | — | — | — | — | $0 | $14.0m | $102.0m | $10.0m | |
| Profit or Loss | $2.4b | ($496.0m) | $362.0m | $683.0m | ($316.0m) | $801.0m | ($9.0m) | ($2.5b) | $487.0m | $591.0m | |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | — | — | — | — | — | — | — | — | $102.0m | $10.0m | |
| Capital Expenditure | — | — | — | — | — | — | ($1.0b) | ($766.0m) | ($907.0m) | ($949.0m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($14.0m) | ($147.0m) | $92.0m | $23.0m | |
| Other cash flows from investing activities | — | $20.0m | $19.0m | $28.0m | $30.0m | $4.0m | ($3.0m) | $13.0m | $0 | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | ($57.0m) | ($121.0m) | ($99.0m) | ($159.0m) | |
| Net cash flows used in investing activities | ($2.7b) | ($3.0b) | $2.0b | ($1.9b) | ($1.9b) | ($220.0m) | ($127.0m) | ($117.0m) | ($112.0m) | ($288.0m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $2.1b | $194.0m | $955.0m | $971.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.1b | $194.0m | $955.0m | $971.0m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $468.0m | ($904.0m) | ($528.0m) | ($575.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $468.0m | ($904.0m) | ($528.0m) | ($575.0m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.6b) | ($1.1b) | ($1.5b) | ($1.5b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.6b) | ($1.1b) | ($1.5b) | ($1.5b) | |
| Common Stock Issuance | — | — | — | — | — | — | — | $0 | $0 | $132.0m | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($8.0m) | $27.0m | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($8.0m) | ($105.0m) | |
| Dividends paid | $167 | $704 | $602 | $633 | $349 | $89 | $14 | $45 | $83 | $67 | |
| Payments of Dividends | $167 | $704 | $602 | $633 | $349 | $89 | $14 | $45 | $83 | $67 | |
| Cash Dividends Paid | — | — | — | — | — | $0 | $0 | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | $0 | $0 | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | ($296.0m) | ($12.0m) | ($15.0m) | ($15.0m) | — | |
| Net cash flows generated from financing activities | ($126.0m) | ($733.0m) | ($3.9b) | ($1.6b) | ($103.0m) | ($213.0m) | ($117.0m) | ($166.0m) | ($236.0m) | ($724.0m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($95.0m) | ($36.0m) | ($21.0m) | $16.0m | |
| Net increase / (decrease) in cash and cash equivalents | ($922.0m) | ($1.3b) | $596.0m | ($578.0m) | $430.0m | $714.0m | $1.0b | ($1.3b) | ($179.0m) | $14.0m | |
| Cash and cash equivalents at beginning of period | $2.9b | $1.3b | $1.3b | $1.8b | $1.2b | $2.3b | $3.1b | $1.9b | $1.7b | $1.7b | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $1.0b | ($1.3b) | ($179.0m) | $14.0m | |
| Interest Paid Classified As Financing Activities | — | — | — | $714.0m | $644.0m | $619.0m | $489.0m | $489.0m | $431.0m | $399.0m | |
| Interest Paid Classified As Operating Activities | $789.0m | $834.0m | $736.0m | $714.0m | $644.0m | $619.0m | $489.0m | $489.0m | $431.0m | $399.0m | |
| Taxes Refund Paid | — | — | — | — | — | — | ($284.0m) | ($264.0m) | ($266.0m) | ($379.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.