VEON Ltd
AEX:VEON
Income Statement
Earnings Waterfall
VEON Ltd
Income Statement
VEON Ltd
| Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Mar-2024 | Jun-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
15 399
N/A
|
11 629
-24%
|
9 488
-18%
|
13 517
+42%
|
10 805
-20%
|
11 427
+6%
|
10 325
-10%
|
9 625
-7%
|
9 330
-3%
|
8 913
-4%
|
8 832
-1%
|
8 885
+1%
|
9 129
+3%
|
9 393
+3%
|
9 488
+1%
|
9 474
0%
|
9 443
0%
|
9 296
-2%
|
9 157
-1%
|
9 086
-1%
|
8 960
-1%
|
8 951
0%
|
8 858
-1%
|
8 863
+0%
|
8 837
0%
|
8 468
-4%
|
8 063
-5%
|
7 291
-10%
|
7 540
+3%
|
7 550
+0%
|
7 736
+2%
|
3 850
-50%
|
7 782
+102%
|
7 888
+1%
|
7 960
+1%
|
3 755
-53%
|
8 724
+132%
|
7 632
-13%
|
6 500
-15%
|
2 803
-57%
|
2 914
+4%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(3 776)
|
(2 638)
|
(2 007)
|
(3 214)
|
(2 500)
|
(2 673)
|
(2 380)
|
(2 187)
|
(2 113)
|
(2 019)
|
(2 009)
|
(1 985)
|
(2 025)
|
(2 089)
|
(2 103)
|
(2 139)
|
(2 137)
|
(2 133)
|
(2 118)
|
(2 116)
|
(2 077)
|
(2 052)
|
(2 019)
|
(2 033)
|
(2 046)
|
(1 979)
|
(1 905)
|
(1 712)
|
(1 803)
|
(1 833)
|
(1 879)
|
(484)
|
(1 860)
|
(1 822)
|
(1 795)
|
(476)
|
(1 483)
|
(1 162)
|
(810)
|
(336)
|
(347)
|
|
| Gross Profit |
11 623
N/A
|
8 991
-23%
|
7 481
-17%
|
10 303
+38%
|
8 305
-19%
|
8 754
+5%
|
7 945
-9%
|
7 438
-6%
|
7 217
-3%
|
6 894
-4%
|
6 823
-1%
|
6 900
+1%
|
7 104
+3%
|
7 304
+3%
|
7 385
+1%
|
7 335
-1%
|
7 306
0%
|
7 163
-2%
|
7 039
-2%
|
6 970
-1%
|
6 883
-1%
|
6 899
+0%
|
6 839
-1%
|
6 830
0%
|
6 791
-1%
|
6 489
-4%
|
6 158
-5%
|
5 579
-9%
|
5 737
+3%
|
5 717
0%
|
5 857
+2%
|
3 366
-43%
|
5 922
+76%
|
6 066
+2%
|
6 165
+2%
|
3 279
-47%
|
7 241
+121%
|
6 470
-11%
|
5 690
-12%
|
2 467
-57%
|
2 567
+4%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(9 191)
|
(7 175)
|
(6 137)
|
(7 386)
|
(5 911)
|
(6 436)
|
(6 933)
|
(6 630)
|
(6 509)
|
(6 442)
|
(5 483)
|
(5 604)
|
(5 773)
|
(5 865)
|
(5 815)
|
(5 776)
|
(5 722)
|
(5 588)
|
(5 612)
|
(5 531)
|
(5 017)
|
(4 949)
|
(4 802)
|
(4 661)
|
(5 011)
|
(4 849)
|
(4 613)
|
(4 170)
|
(4 285)
|
(4 241)
|
(4 356)
|
(2 325)
|
(4 480)
|
(4 576)
|
(4 571)
|
(2 203)
|
(5 030)
|
(4 427)
|
(3 910)
|
(1 765)
|
(1 829)
|
|
| Selling, General & Administrative |
(6 206)
|
(5 122)
|
(4 566)
|
(4 743)
|
(3 895)
|
(4 153)
|
(4 806)
|
(4 563)
|
(4 522)
|
(4 472)
|
(3 563)
|
(3 668)
|
(3 769)
|
(3 833)
|
(3 768)
|
(3 748)
|
(3 726)
|
(3 657)
|
(3 727)
|
(3 697)
|
(3 516)
|
(3 395)
|
(3 196)
|
(2 965)
|
(2 954)
|
(2 839)
|
(2 677)
|
(2 432)
|
(2 478)
|
(2 458)
|
(2 528)
|
(1 526)
|
(2 630)
|
(2 670)
|
(2 769)
|
(1 533)
|
(3 311)
|
(3 036)
|
(2 700)
|
(1 222)
|
(1 277)
|
|
| Depreciation & Amortization |
(2 985)
|
(2 053)
|
(1 571)
|
(2 643)
|
(2 016)
|
(2 283)
|
(2 127)
|
(2 067)
|
(1 987)
|
(1 970)
|
(1 920)
|
(1 936)
|
(2 004)
|
(2 032)
|
(2 047)
|
(2 028)
|
(1 996)
|
(1 931)
|
(1 885)
|
(1 834)
|
(1 851)
|
(1 904)
|
(1 956)
|
(2 046)
|
(2 057)
|
(2 012)
|
(1 939)
|
(1 742)
|
(1 811)
|
(1 786)
|
(1 831)
|
(799)
|
(1 856)
|
(1 913)
|
(1 959)
|
(778)
|
(1 984)
|
(1 661)
|
(1 330)
|
(555)
|
(551)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
350
|
350
|
350
|
350
|
0
|
2
|
3
|
4
|
4
|
3
|
3
|
0
|
6
|
7
|
157
|
108
|
265
|
270
|
120
|
12
|
(1)
|
|
| Operating Income |
2 432
N/A
|
1 816
-25%
|
1 344
-26%
|
2 917
+117%
|
2 394
-18%
|
2 318
-3%
|
1 012
-56%
|
808
-20%
|
708
-12%
|
452
-36%
|
1 340
+196%
|
1 296
-3%
|
1 331
+3%
|
1 439
+8%
|
1 570
+9%
|
1 559
-1%
|
1 584
+2%
|
1 575
-1%
|
1 427
-9%
|
1 439
+1%
|
1 866
+30%
|
1 950
+5%
|
2 037
+4%
|
2 169
+6%
|
1 780
-18%
|
1 640
-8%
|
1 545
-6%
|
1 409
-9%
|
1 452
+3%
|
1 476
+2%
|
1 501
+2%
|
1 041
-31%
|
1 442
+39%
|
1 490
+3%
|
1 594
+7%
|
1 076
-32%
|
2 211
+105%
|
2 043
-8%
|
1 780
-13%
|
702
-61%
|
738
+5%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1 398)
|
(884)
|
(755)
|
(1 619)
|
(1 284)
|
(1 429)
|
(1 384)
|
(1 098)
|
(883)
|
(938)
|
(760)
|
(735)
|
(701)
|
(767)
|
(776)
|
(945)
|
(1 004)
|
(952)
|
(972)
|
(792)
|
(767)
|
(780)
|
(783)
|
(876)
|
(902)
|
(854)
|
(763)
|
(698)
|
(641)
|
(624)
|
(654)
|
(589)
|
(579)
|
(580)
|
(743)
|
(360)
|
(1 050)
|
(962)
|
(685)
|
(241)
|
(317)
|
|
| Non-Reccuring Items |
(3 046)
|
(3 043)
|
(2 931)
|
(1 044)
|
(1 138)
|
(1 143)
|
(1 190)
|
(280)
|
(188)
|
(179)
|
(181)
|
(290)
|
(206)
|
(442)
|
(435)
|
(276)
|
(292)
|
(55)
|
(842)
|
(913)
|
(906)
|
(909)
|
(221)
|
(150)
|
(142)
|
(139)
|
(831)
|
(898)
|
(902)
|
(898)
|
(107)
|
(18)
|
(394)
|
(427)
|
(438)
|
87
|
33
|
73
|
89
|
0
|
0
|
|
| Total Other Income |
73
|
45
|
38
|
121
|
149
|
69
|
116
|
(25)
|
(69)
|
(1)
|
(45)
|
17
|
(13)
|
(22)
|
30
|
(10)
|
(20)
|
(30)
|
(68)
|
18
|
9
|
35
|
20
|
38
|
32
|
108
|
108
|
105
|
102
|
18
|
35
|
30
|
42
|
28
|
38
|
(1)
|
26
|
50
|
26
|
30
|
24
|
|
| Pre-Tax Income |
(1 939)
N/A
|
(2 066)
-7%
|
(2 304)
-12%
|
375
N/A
|
121
-68%
|
(185)
N/A
|
(1 446)
-682%
|
(595)
+59%
|
(432)
+27%
|
(666)
-54%
|
354
N/A
|
288
-19%
|
411
+43%
|
208
-49%
|
389
+87%
|
328
-16%
|
268
-18%
|
538
+101%
|
(455)
N/A
|
(248)
+45%
|
202
N/A
|
296
+47%
|
1 053
+256%
|
1 181
+12%
|
768
-35%
|
755
-2%
|
59
-92%
|
(82)
N/A
|
11
N/A
|
(28)
N/A
|
775
N/A
|
464
-40%
|
511
+10%
|
511
N/A
|
451
-12%
|
802
+78%
|
1 220
+52%
|
1 204
-1%
|
1 210
+0%
|
491
-59%
|
445
-9%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1 773)
|
(1 763)
|
(1 570)
|
(598)
|
(505)
|
(366)
|
(182)
|
(220)
|
(257)
|
(337)
|
(438)
|
(635)
|
(659)
|
(589)
|
(648)
|
(472)
|
(448)
|
(519)
|
(438)
|
(369)
|
(331)
|
(376)
|
(384)
|
(498)
|
(494)
|
(381)
|
(384)
|
(313)
|
(344)
|
(362)
|
(370)
|
(344)
|
(146)
|
(141)
|
29
|
(69)
|
(114)
|
(73)
|
(185)
|
(134)
|
(147)
|
|
| Income from Continuing Operations |
(3 712)
|
(3 829)
|
(3 874)
|
(223)
|
(384)
|
(551)
|
(1 628)
|
(815)
|
(689)
|
(1 003)
|
(84)
|
(347)
|
(248)
|
(381)
|
(259)
|
(144)
|
(180)
|
19
|
(893)
|
(617)
|
(129)
|
(80)
|
669
|
683
|
274
|
374
|
(325)
|
(395)
|
(333)
|
(390)
|
405
|
120
|
365
|
370
|
480
|
733
|
1 106
|
1 131
|
1 025
|
357
|
298
|
|
| Income to Minority Interest |
1 351
|
1 378
|
1 480
|
256
|
301
|
221
|
104
|
(102)
|
(159)
|
(130)
|
(143)
|
(92)
|
(40)
|
(51)
|
(21)
|
29
|
(1)
|
21
|
333
|
220
|
209
|
202
|
(88)
|
(62)
|
(39)
|
(53)
|
(33)
|
(33)
|
(30)
|
(38)
|
(112)
|
(127)
|
(163)
|
(184)
|
(181)
|
(153)
|
(265)
|
(238)
|
(211)
|
(62)
|
(62)
|
|
| Net Income (Common) |
(2 994)
N/A
|
(3 467)
-16%
|
(3 617)
-4%
|
(647)
+82%
|
(502)
+22%
|
(494)
+2%
|
(1 604)
-225%
|
(655)
+59%
|
(650)
+1%
|
(621)
+4%
|
829
N/A
|
2 328
+181%
|
2 134
-8%
|
1 719
-19%
|
1 390
-19%
|
(505)
N/A
|
(612)
-21%
|
(476)
+22%
|
263
N/A
|
582
+121%
|
1 189
+104%
|
1 401
+18%
|
581
-59%
|
621
+7%
|
235
-62%
|
321
+37%
|
(334)
N/A
|
(349)
-4%
|
(327)
+6%
|
(383)
-17%
|
382
N/A
|
674
+76%
|
403
-40%
|
439
+9%
|
(218)
N/A
|
(162)
+26%
|
(195)
-20%
|
(81)
+58%
|
879
N/A
|
755
-14%
|
573
-24%
|
|
| EPS (Diluted) |
-1.75
N/A
|
-1.91
-9%
|
-2.06
-8%
|
-0.37
+82%
|
-0.3
+19%
|
-0.27
+10%
|
-0.9
-233%
|
-0.37
+59%
|
-0.37
N/A
|
-0.35
+5%
|
0.46
N/A
|
1.33
+189%
|
1.22
-8%
|
0.98
-20%
|
0.79
-19%
|
-0.28
N/A
|
-0.34
-21%
|
-0.27
+21%
|
0.15
N/A
|
0.33
+120%
|
0.67
+103%
|
0.8
+19%
|
0.33
-59%
|
0.36
+9%
|
0.13
-64%
|
0.18
+38%
|
-0.2
N/A
|
-0.19
+5%
|
-0.18
+5%
|
-0.21
-17%
|
0.21
N/A
|
0.38
+81%
|
0.23
-39%
|
0.25
+9%
|
-0.12
N/A
|
-0.09
+25%
|
-0.11
-22%
|
-0.04
+64%
|
0.51
N/A
|
0.42
-18%
|
0.33
-21%
|
|