VEON Ltd. (VEON)
Nasdaq: VEON · Radiotelephone Communications · filing with the SEC since 2010
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Mar 16, 2026 | Apr 25, 2025 | Oct 17, 2024 | Jul 24, 2023 | Apr 29, 2022 | Mar 15, 2021 | Mar 13, 2020 | Mar 14, 2019 | Mar 15, 2018 | Apr 3, 2017 |
| Revenue | 4,399 | 4,004 | 3,698 | 3,755 | 3,850r | 3,482r | 8,089r | 9,086 | 9,474 | 8,885 |
| Selling, general and administrative | 1,883 | 1,799 | 1,646 | 1,533 | 1,526r | 1,403r | 2,736r | 3,697 | 3,748 | 3,668 |
| Total operating expenses | · | · | · | · | · | · | · | 8,532 | 8,007r | 7,801 |
| Operating income | 1,439 | 1,110 | 929 | 1,163 | 1,023r | 823r | 1,865r | 554 | 1,467r | 1,084 |
| Finance costs | 535 | 495 | 531 | 583 | 591r | 569r | 876r | 816 | 935 | 830 |
| Finance income | 52 | 49 | 60 | 32 | 13r | 19r | 52r | 67 | 95 | 69 |
| Share of profit of equity-method investments | · | · | · | · | · | · | 0 | 0 | -22r | -11r |
| Other gains and losses | · | · | · | · | · | · | 350 | 0r | 0r | 17r |
| Income before income taxes | 785 | 704 | 559 | 802 | 464r | 373r | 1,044r | -248 | 328r | 288r |
| Income tax expense | 194 | 217 | 179 | 69 | 344r | 279r | 462r | 369 | 472 | 635 |
| Income from continuing operations | 591 | 487 | 380 | 733 | 120r | 94r | 582r | -617 | -144r | -347r |
| Income from discontinued operations | 0 | 0 | -2,830 | -742 | 681r | 79r | 101r | -300 | -390 | 979r |
| Net income | 591 | 487 | -2,450 | -9 | 801 | -316 | 683 | 362 | -534r | 2,420 |
| Net income to non-controlling interests | 59 | 72 | 78 | 153 | 127 | 33 | 62 | -220 | -29r | 92 |
| Earnings per share, basic | 0.30 | 0.23 | -1.44 | -0.09 | 0.38r | -0.20 | 0.36 | · | · | · |
| Earnings per share, diluted | 0.30 | 0.23 | -1.44 | -0.09 | 0.38r | -0.20 | 0.36 | · | · | · |
| Earnings per share, basic and diluted | · | · | · | · | · | -0.20 | 0.36 | 0.33 | -0.29r | 1.33 |
| Weighted average shares, basic | 1,746 | 1,770 | 1,756 | 1,753 | 1,756r | 1,753r | 1,749 | 1,749 | 1,749 | 1,749 |
| Weighted average shares, diluted | 1,794 | 1,811 | 1,782 | 1,761 | 1,782r | 1,761r | 1,749 | 1,749 | 1,749 | 1,749 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
ifrs-full:RevenueSelling, general and administrative the cost of selling and of running the company
ifrs-full:SellingGeneralAndAdministrativeExpenseTotal operating expenses the running costs together
ifrs-full:OperatingExpenseOperating income profit from running the business, before interest and tax
ifrs-full:ProfitLossFromOperatingActivitiesFinance costs what its borrowing cost
ifrs-full:FinanceCostsFinance income what its cash and investments earned
ifrs-full:FinanceIncomeShare of profit of equity-method investments its share of companies it partly owns
ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethodOther gains and losses gains and costs outside the business
ifrs-full:OtherGainsLossesIncome before income taxes profit before tax
ifrs-full:ProfitLossBeforeTaxIncome tax expense tax charged on the period's profit
ifrs-full:IncomeTaxExpenseContinuingOperationsIncome from continuing operations profit from the businesses it keeps
ifrs-full:ProfitLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
ifrs-full:ProfitLossFromDiscontinuedOperationsNet income the whole group's profit, minority holders' share included
ifrs-full:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
ifrs-full:ProfitLossAttributableToNoncontrollingInterestsEarnings per share, basic net income per share outstanding
ifrs-full:BasicEarningsLossPerShareEarnings per share, diluted net income per share, counting every share that could be issued
ifrs-full:DilutedEarningsLossPerShareEarnings per share, basic and diluted net income per share, where both counts are the same
ifrs-full:BasicAndDilutedEarningsLossPerShareWeighted average shares, basic the average count of shares outstanding
ifrs-full:WeightedAverageSharesWeighted average shares, diluted the average count with every share that could be issued
ifrs-full:AdjustedWeightedAverageShares