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VEON Ltd. – ‘20-F’ for 12/31/20 – ‘EX-101.SCH’

On:  Monday, 3/15/21, at 3:43pm ET   ·   For:  12/31/20   ·   Accession #:  1468091-21-19   ·   File #:  1-34694

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  As Of               Filer                 Filing    For·On·As Docs:Size

 3/15/21  VEON Ltd.                         20-F       12/31/20  149:25M

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   3.20M 
                Non-Canadian Issuer                                              
 2: EX-4.1      Instrument Defining the Rights of Security Holders  HTML     98K 
 3: EX-8        Opinion of Counsel re: Tax Matters                  HTML     44K 
 7: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     39K 
 9: EX-99.1     Miscellaneous Exhibit                               HTML     68K 
10: EX-99.2     Miscellaneous Exhibit                               HTML    148K 
 4: EX-12.1     Statement re: the Computation of Ratios             HTML     41K 
 5: EX-12.2     Statement re: the Computation of Ratios             HTML     41K 
 6: EX-12.3     Statement re: the Computation of Ratios             HTML     42K 
 8: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     38K 
17: R1          Cover                                               HTML    102K 
18: R2          Consolidated Income Statement                       HTML    116K 
19: R3          Consolidated Statement of Comprehensive Income      HTML     75K 
20: R4          Consolidated Statement of Financial Position        HTML    113K 
21: R5          Consolidated Statement of Changes in Equity         HTML     79K 
22: R6          Consolidated Statement of Cash Flows                HTML    122K 
23: R7          Consolidated Statement of Cash Flows                HTML     42K 
                (Parenthetical)                                                  
24: R8          General Information                                 HTML     52K 
25: R9          Segment Information                                 HTML    103K 
26: R10         Operating Revenue                                   HTML    129K 
27: R11         Selling, General and Administrative Expenses        HTML     54K 
28: R12         Trade and Other Receivables                         HTML     86K 
29: R13         Other Assets and Liabilities                        HTML     65K 
30: R14         Provisions and Contingent Liabilities               HTML    109K 
31: R15         Income Taxes                                        HTML    186K 
32: R16         Significant Transactions                            HTML     51K 
33: R17         Impairment of Assets                                HTML    217K 
34: R18         Property and Equipment                              HTML    132K 
35: R19         Intangible Assets                                   HTML    135K 
36: R20         Investments in Subsidiaries                         HTML    148K 
37: R21         Other Non-Operating Gain / (Loss)                   HTML     51K 
38: R22         Investments, Debt and Derivatives                   HTML    193K 
39: R23         Cash and Cash Equivalents                           HTML     49K 
40: R24         Financial Risk Management                           HTML    152K 
41: R25         Issued Capital and Reserves                         HTML     53K 
42: R26         Earnings Per Share                                  HTML     64K 
43: R27         Dividends Paid and Proposed                         HTML     53K 
44: R28         Related Parties                                     HTML    313K 
45: R29         Events After the Reporting Period                   HTML     43K 
46: R30         Basis of Preparation of the Consolidated Financial  HTML     45K 
                Statements                                                       
47: R31         Significant Accounting Policies                     HTML     49K 
48: R32         Condensed Separate Financial Information of Veon    HTML    101K 
49: R33         Significant Accounting Policies (Policies)          HTML    123K 
50: R34         Segment Information (Tables)                        HTML    102K 
51: R35         Operating Revenue (Tables)                          HTML    129K 
52: R36         Selling, General and Administrative Expenses        HTML     50K 
                (Tables)                                                         
53: R37         Trade and Other Receivables (Tables)                HTML     87K 
54: R38         Other Assets and Liabilities (Tables)               HTML     96K 
55: R39         Provisions and Contingent Liabilities (Tables)      HTML     86K 
56: R40         Income Taxes (Tables)                               HTML    182K 
57: R41         Significant Transactions (Tables)                   HTML     43K 
58: R42         Impairment of Assets (Tables)                       HTML    211K 
59: R43         Property and Equipment (Tables)                     HTML    138K 
60: R44         Intangible Assets (Tables)                          HTML    143K 
61: R45         Investments in Subsidiaries (Tables)                HTML    152K 
62: R46         Other Non-Operating Gain / (Loss) (Tables)          HTML     49K 
63: R47         Investments, Debt and Derivatives (Tables)          HTML    169K 
64: R48         Cash and Cash Equivalents (Tables)                  HTML     46K 
65: R49         Financial Risk Management (Tables)                  HTML    139K 
66: R50         Issued Capital and Reserves (Tables)                HTML     52K 
67: R51         Earnings Per Share (Tables)                         HTML     65K 
68: R52         Dividends Paid and Proposed (Tables)                HTML     51K 
69: R53         Related Parties (Tables)                            HTML    307K 
70: R54         Significant Accounting Policies (Tables)            HTML     45K 
71: R55         Condensed Separate Financial Information of Veon    HTML     99K 
                Ltd (Tables)                                                     
72: R56         General Information (Details)                       HTML     82K 
73: R57         SEGMENT INFORMATION - Reportable Segments           HTML     74K 
                (Details)                                                        
74: R58         SEGMENT INFORMATION - Segments Adjusted EBITDA      HTML     62K 
                (Details)                                                        
75: R59         OPERATING REVENUE - Revenue (Details)               HTML     97K 
76: R60         OPERATING REVENUE - Assets and liabilities arising  HTML     47K 
                from contracts with customers (Details)                          
77: R61         Selling, General and Administrative Expenses        HTML     61K 
                (Details)                                                        
78: R62         TRADE AND OTHER RECEIVABLES - Detail of trade and   HTML     49K 
                other receivables (Details)                                      
79: R63         TRADE AND OTHER RECEIVABLES - Movements in the      HTML     53K 
                allowance for expected credit losses (Details)                   
80: R64         TRADE AND OTHER RECEIVABLES - Aging of trade        HTML     76K 
                receivables (Details)                                            
81: R65         OTHER ASSETS AND LIABILITIES - Other assets         HTML     55K 
                (Details)                                                        
82: R66         OTHER ASSETS AND LIABILITIES - Other liabilities    HTML     57K 
                (Details)                                                        
83: R67         PROVISIONS AND CONTINGENT LIABILITIES - Movement    HTML     81K 
                in provisions (Details)                                          
84: R68         PROVISIONS AND CONTINGENT LIABILITIES - Provisions  HTML     45K 
                narrative (Details)                                              
85: R69         PROVISIONS AND CONTINGENT LIABILITIES - Contingent  HTML     97K 
                liabilities narrative (Details)                                  
86: R70         INCOME TAXES - Income tax payable (Details)         HTML     43K 
87: R71         INCOME TAXES - Narrative (Details)                  HTML     62K 
88: R72         INCOME TAXES - Income tax expense (Details)         HTML     64K 
89: R73         INCOME TAXES - Reconciliation between statutory     HTML     75K 
                and effective income tax (Details)                               
90: R74         INCOME TAXES - Deferred taxes (Details)             HTML     47K 
91: R75         INCOME TAXES - Deferred tax assets and liabilities  HTML     77K 
                (Details)                                                        
92: R76         INCOME TAXES - Tax losses year of expiration        HTML     72K 
                (Details)                                                        
93: R77         SIGNIFICANT TRANSACTIONS - Significant              HTML     51K 
                transactions in 2020 (Details)                                   
94: R78         SIGNIFICANT TRANSACTIONS - Significant              HTML     75K 
                Transactions in 2019 (Details)                                   
95: R79         SIGNIFICANT TRANSACTIONS - Sale of Italy Joint      HTML     56K 
                Venture (Details)                                                
96: R80         IMPAIRMENT OF ASSETS - Impairment losses (Details)  HTML    101K 
97: R81         IMPAIRMENT OF ASSETS - Key assumptions (Details)    HTML    102K 
98: R82         IMPAIRMENT OF ASSETS - Sensitivity to changes in    HTML     94K 
                assumptions (Details)                                            
99: R83         PROPERTY AND EQUIPMENT - Movement in property and   HTML    115K 
                equipment (Details)                                              
100: R84         PROPERTY AND EQUIPMENT - Narrative (Details)        HTML     49K  
101: R85         PROPERTY AND EQUIPMENT - Movement in right-of-use   HTML     77K  
                assets (Details)                                                 
102: R86         PROPERTY AND EQUIPMENT - Commitments (Details)      HTML     44K  
103: R87         PROPERTY AND EQUIPMENT - Useful life of property    HTML     51K  
                and equipment (Details)                                          
104: R88         INTANGIBLE ASSETS - Summary of the movement in the  HTML    104K  
                net book value of intangible assets (Details)                    
105: R89         INTANGIBLE ASSETS - Movement in goodwill per        HTML     71K  
                cash-generating unit (Details)                                   
106: R90         INTANGIBLE ASSETS - Schedule of Capital             HTML     44K  
                Commitments (Details)                                            
107: R91         INTANGIBLE ASSETS - Amortization period (Details)   HTML     57K  
108: R92         INVESTMENTS IN SUBSIDIARIES - Information about     HTML     80K  
                significant subsidiaries (Details)                               
109: R93         INVESTMENTS IN SUBSIDIARIES - Financial             HTML     50K  
                information of subsidiaries that have material                   
                NCIs (Details)                                                   
110: R94         INVESTMENTS IN SUBSIDIARIES - Summarized income     HTML     75K  
                statement (Details)                                              
111: R95         INVESTMENTS IN SUBSIDIARIES - Summarized statement  HTML     81K  
                of financial position (Details)                                  
112: R96         INVESTMENTS IN SUBSIDIARIES - Summarized statement  HTML     57K  
                of cash flows (Details)                                          
113: R97         Other Non-Operating Gain / (Loss) (Details)         HTML     51K  
114: R98         INVESTMENTS, DEBT AND DERIVATIVES - Investments     HTML     64K  
                and derivative assets (Details)                                  
115: R99         INVESTMENTS, DEBT AND DERIVATIVES - Security        HTML     64K  
                deposits (Details)                                               
116: R100        INVESTMENTS, DEBT AND DERIVATIVES - Debt and        HTML     78K  
                derivatives (Details)                                            
117: R101        INVESTMENTS, DEBT AND DERIVATIVES - Bank loans and  HTML    128K  
                bonds (Details)                                                  
118: R102        INVESTMENTS, DEBT AND DERIVATIVES - Reconciliation  HTML     73K  
                of cash flows from financing activities (Details)                
119: R103        INVESTMENTS, DEBT AND DERIVATIVES - Financing       HTML    232K  
                activities 2020 (Details)                                        
120: R104        INVESTMENTS, DEBT AND DERIVATIVES - Financing       HTML     64K  
                activities 2019 (Details)                                        
121: R105        INVESTMENTS, DEBT AND DERIVATIVES - Fair value      HTML     42K  
                (Details)                                                        
122: R106        INVESTMENTS, DEBT AND DERIVATIVES - Hedge           HTML     52K  
                accounting (Details)                                             
123: R107        INVESTMENTS, DEBT AND DERIVATIVES - Impact of       HTML     65K  
                hedge accounting on equity (Details)                             
124: R108        Cash and Cash Equivalents (Details)                 HTML     55K  
125: R109        FINANCIAL RISK MANAGEMENT - Interest rate risk      HTML     47K  
                (Details)                                                        
126: R110        FINANCIAL RISK MANAGEMENT - Foreign currency risk   HTML     67K  
                (Details)                                                        
127: R111        FINANCIAL RISK MANAGEMENT - Liquidity risk          HTML     70K  
                (Details)                                                        
128: R112        FINANCIAL RISK MANAGEMENT - Liquidity risk          HTML     94K  
                maturity profile (Details)                                       
129: R113        FINANCIAL RISK MANAGEMENT - Capital management      HTML     48K  
                (Details)                                                        
130: R114        ISSUED CAPITAL AND RESERVES - Common Stock          HTML     47K  
                (Details)                                                        
131: R115        ISSUED CAPITAL AND RESERVES - Major Shareholders    HTML     58K  
                (Details)                                                        
132: R116        EARNINGS PER SHARE - Continued operations           HTML     51K  
                (Details)                                                        
133: R117        EARNINGS PER SHARE - Discontinued operations        HTML     51K  
                (Details)                                                        
134: R118        DIVIDENDS PAID AND PROPOSED - Declared (Details)    HTML     43K  
135: R119        DIVIDENDS PAID AND PROPOSED - Non-controlling       HTML     55K  
                Interests (Details)                                              
136: R120        RELATED PARTIES - Compensation to directors and     HTML     49K  
                senior managers of the company (Details)                         
137: R121        RELATED PARTIES - Compensation to key senior        HTML     99K  
                managers (Details)                                               
138: R122        RELATED PARTIES - Compensation to board of          HTML    115K  
                directors (Details)                                              
139: R123        Events After the Reporting Period (Details)         HTML     70K  
140: R124        CONDENSED SEPARATE FINANCIAL INFORMATION OF VEON    HTML     44K  
                LTD - Narrative (Details)                                        
141: R125        CONDENSED SEPARATE FINANCIAL INFORMATION OF VEON    HTML     64K  
                LTD - Condensed Statement of Financial Position                  
                (Details)                                                        
142: R126        CONDENSED SEPARATE FINANCIAL INFORMATION OF VEON    HTML     62K  
                LTD - Condensed Income Statement (Details)                       
143: R127        CONDENSED SEPARATE FINANCIAL INFORMATION OF VEON    HTML     44K  
                LTD - Condensed Statements of Comprehensive Income               
                (Details)                                                        
144: R128        CONDENSED SEPARATE FINANCIAL INFORMATION OF VEON    HTML     81K  
                LTD - Condensed Statement of Cash Flows (Details)                
145: R9999       Uncategorized Items - vip-20201231.htm              HTML     57K  
147: XML         IDEA XML File -- Filing Summary                      XML    274K  
16: XML         XBRL Instance -- vip-20201231_htm                    XML   8.12M 
146: EXCEL       IDEA Workbook of Financial Reports                  XLSX    230K  
12: EX-101.CAL  XBRL Calculations -- vip-20201231_cal                XML    424K 
13: EX-101.DEF  XBRL Definitions -- vip-20201231_def                 XML   1.71M 
14: EX-101.LAB  XBRL Labels -- vip-20201231_lab                      XML   3.47M 
15: EX-101.PRE  XBRL Presentations -- vip-20201231_pre               XML   2.20M 
11: EX-101.SCH  XBRL Schema -- vip-20201231                          XSD    485K 
148: JSON        XBRL Instance as JSON Data -- MetaLinks              648±   933K  
149: ZIP         XBRL Zipped Folder -- 0001468091-21-000019-xbrl      Zip    947K  


‘EX-101.SCH’   —   XBRL Schema — vip-20201231


This Exhibit is an XBRL XML File.


                                                                                                                                                                                
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<!-- XBRL Document Created with Wdesk from Workiva -->
<!-- Copyright 2021 Workiva -->
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<link:definition> 240094010 - Disclosure - OPERATING REVENUE - Revenue (Details) </link:definition>
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<link:definition> 240104011 - Disclosure - OPERATING REVENUE - Assets and liabilities arising from contracts with customers (Details) </link:definition>
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<link:definition> 220112001 - Disclosure - Revenue from contracts with customers (Policies) </link:definition>
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<link:definition> 210121004 - Disclosure - SELLING, GENERAL AND ADMINISTRATIVE EXPENSES </link:definition>
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<link:definition> 230133003 - Disclosure - SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (Tables) </link:definition>
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<link:definition> 240144012 - Disclosure - SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (Details) </link:definition>
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<link:definition> 210151005 - Disclosure - TRADE AND OTHER RECEIVABLES </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 230163004 - Disclosure - TRADE AND OTHER RECEIVABLES (Tables) </link:definition>
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<link:definition> 240174013 - Disclosure - TRADE AND OTHER RECEIVABLES - Detail of trade and other receivables (Details) </link:definition>
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<link:definition> 240184014 - Disclosure - TRADE AND OTHER RECEIVABLES - Movements in the allowance for expected credit losses (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240194015 - Disclosure - TRADE AND OTHER RECEIVABLES - Aging of trade receivables (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 210201006 - Disclosure - OTHER ASSETS AND LIABILITIES </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 230213005 - Disclosure - OTHER ASSETS AND LIABILITIES (Tables) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:roleType id="OTHERASSETSANDLIABILITIESOtherassetsDetails" roleURI="http://veon.com/role/OTHERASSETSANDLIABILITIESOtherassetsDetails">
<link:definition> 240224016 - Disclosure - OTHER ASSETS AND LIABILITIES - Other assets (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240234017 - Disclosure - OTHER ASSETS AND LIABILITIES - Other liabilities (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 210241007 - Disclosure - PROVISIONS AND CONTINGENT LIABILITIES </link:definition>
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<link:definition> 230253006 - Disclosure - PROVISIONS AND CONTINGENT LIABILITIES (Tables) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240264018 - Disclosure - PROVISIONS AND CONTINGENT LIABILITIES - Movement in provisions (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240274019 - Disclosure - PROVISIONS AND CONTINGENT LIABILITIES - Provisions narrative (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240284020 - Disclosure - PROVISIONS AND CONTINGENT LIABILITIES - Contingent liabilities narrative (Details) </link:definition>
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<link:definition> 210291008 - Disclosure - INCOME TAXES </link:definition>
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<link:definition> 230303007 - Disclosure - INCOME TAXES (Tables) </link:definition>
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<link:definition> 240314021 - Disclosure - INCOME TAXES - Income tax payable (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240324022 - Disclosure - INCOME TAXES - Narrative (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:roleType id="INCOMETAXESIncometaxexpenseDetails" roleURI="http://veon.com/role/INCOMETAXESIncometaxexpenseDetails">
<link:definition> 240334023 - Disclosure - INCOME TAXES - Income tax expense (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240344024 - Disclosure - INCOME TAXES - Reconciliation between statutory and effective income tax (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240354025 - Disclosure - INCOME TAXES - Deferred taxes (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240364026 - Disclosure - INCOME TAXES - Deferred tax assets and liabilities (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240374027 - Disclosure - INCOME TAXES - Tax losses year of expiration (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 210381009 - Disclosure - SIGNIFICANT TRANSACTIONS </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
</link:roleType>
<link:roleType id="SIGNIFICANTTRANSACTIONSTables" roleURI="http://veon.com/role/SIGNIFICANTTRANSACTIONSTables">
<link:definition> 230393008 - Disclosure - SIGNIFICANT TRANSACTIONS (Tables) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="SIGNIFICANTTRANSACTIONSSignificanttransactionsin2020Details" roleURI="http://veon.com/role/SIGNIFICANTTRANSACTIONSSignificanttransactionsin2020Details">
<link:definition> 240404028 - Disclosure - SIGNIFICANT TRANSACTIONS - Significant transactions in 2020 (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="SIGNIFICANTTRANSACTIONSSignificantTransactionsin2019Details" roleURI="http://veon.com/role/SIGNIFICANTTRANSACTIONSSignificantTransactionsin2019Details">
<link:definition> 240414029 - Disclosure - SIGNIFICANT TRANSACTIONS - Significant Transactions in 2019 (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240424030 - Disclosure - SIGNIFICANT TRANSACTIONS - Sale of Italy Joint Venture (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="IMPAIRMENTOFASSETS" roleURI="http://veon.com/role/IMPAIRMENTOFASSETS">
<link:definition> 210431010 - Disclosure - IMPAIRMENT OF ASSETS </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="IMPAIRMENTOFASSETSTables" roleURI="http://veon.com/role/IMPAIRMENTOFASSETSTables">
<link:definition> 230443009 - Disclosure - IMPAIRMENT OF ASSETS (Tables) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240454031 - Disclosure - IMPAIRMENT OF ASSETS - Impairment losses (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="IMPAIRMENTOFASSETSKeyassumptionsDetails" roleURI="http://veon.com/role/IMPAIRMENTOFASSETSKeyassumptionsDetails">
<link:definition> 240464032 - Disclosure - IMPAIRMENT OF ASSETS - Key assumptions (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240474033 - Disclosure - IMPAIRMENT OF ASSETS - Sensitivity to changes in assumptions (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 210481011 - Disclosure - PROPERTY AND EQUIPMENT </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
</link:roleType>
<link:roleType id="PROPERTYANDEQUIPMENTTables" roleURI="http://veon.com/role/PROPERTYANDEQUIPMENTTables">
<link:definition> 230493010 - Disclosure - PROPERTY AND EQUIPMENT (Tables) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="PROPERTYANDEQUIPMENTMovementinpropertyandequipmentDetails" roleURI="http://veon.com/role/PROPERTYANDEQUIPMENTMovementinpropertyandequipmentDetails">
<link:definition> 240504034 - Disclosure - PROPERTY AND EQUIPMENT - Movement in property and equipment (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="PROPERTYANDEQUIPMENTNarrativeDetails" roleURI="http://veon.com/role/PROPERTYANDEQUIPMENTNarrativeDetails">
<link:definition> 240514035 - Disclosure - PROPERTY AND EQUIPMENT - Narrative (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="PROPERTYANDEQUIPMENTMovementinrightofuseassetsDetails" roleURI="http://veon.com/role/PROPERTYANDEQUIPMENTMovementinrightofuseassetsDetails">
<link:definition> 240524036 - Disclosure - PROPERTY AND EQUIPMENT - Movement in right-of-use assets (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="PROPERTYANDEQUIPMENTCommitmentsDetails" roleURI="http://veon.com/role/PROPERTYANDEQUIPMENTCommitmentsDetails">
<link:definition> 240534037 - Disclosure - PROPERTY AND EQUIPMENT - Commitments (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240544038 - Disclosure - PROPERTY AND EQUIPMENT - Useful life of property and equipment (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 210551012 - Disclosure - INTANGIBLE ASSETS </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 230563011 - Disclosure - INTANGIBLE ASSETS (Tables) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240574039 - Disclosure - INTANGIBLE ASSETS - Summary of the movement in the net book value of intangible assets (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240584040 - Disclosure - INTANGIBLE ASSETS - Movement in goodwill per cash-generating unit (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240594041 - Disclosure - INTANGIBLE ASSETS - Schedule of Capital Commitments (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="INTANGIBLEASSETSAmortizationperiodDetails" roleURI="http://veon.com/role/INTANGIBLEASSETSAmortizationperiodDetails">
<link:definition> 240604042 - Disclosure - INTANGIBLE ASSETS - Amortization period (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="INVESTMENTSINSUBSIDIARIES" roleURI="http://veon.com/role/INVESTMENTSINSUBSIDIARIES">
<link:definition> 210611013 - Disclosure - INVESTMENTS IN SUBSIDIARIES </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="INVESTMENTSINSUBSIDIARIESTables" roleURI="http://veon.com/role/INVESTMENTSINSUBSIDIARIESTables">
<link:definition> 230623012 - Disclosure - INVESTMENTS IN SUBSIDIARIES (Tables) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="INVESTMENTSINSUBSIDIARIESInformationaboutsignificantsubsidiariesDetails" roleURI="http://veon.com/role/INVESTMENTSINSUBSIDIARIESInformationaboutsignificantsubsidiariesDetails">
<link:definition> 240634043 - Disclosure - INVESTMENTS IN SUBSIDIARIES - Information about significant subsidiaries (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240644044 - Disclosure - INVESTMENTS IN SUBSIDIARIES - Financial information of subsidiaries that have material NCIs (Details) </link:definition>
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<link:definition> 240654045 - Disclosure - INVESTMENTS IN SUBSIDIARIES - Summarized income statement (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240664046 - Disclosure - INVESTMENTS IN SUBSIDIARIES - Summarized statement of financial position (Details) </link:definition>
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<link:definition> 240674047 - Disclosure - INVESTMENTS IN SUBSIDIARIES - Summarized statement of cash flows (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240704048 - Disclosure - OTHER NON-OPERATING GAIN / (LOSS) (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240734049 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Investments and derivative assets (Details) </link:definition>
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<link:definition> 240744050 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Security deposits (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240754051 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Debt and derivatives (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240764052 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Bank loans and bonds (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240774053 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Reconciliation of cash flows from financing activities (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240784054 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Financing activities 2020 (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240794055 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Financing activities 2019 (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240804056 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Fair value (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240814057 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Hedge accounting (Details) </link:definition>
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<link:definition> 240824058 - Disclosure - INVESTMENTS, DEBT AND DERIVATIVES - Impact of hedge accounting on equity (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240854059 - Disclosure - CASH AND CASH EQUIVALENTS (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 210861017 - Disclosure - FINANCIAL RISK MANAGEMENT </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 230873016 - Disclosure - FINANCIAL RISK MANAGEMENT (Tables) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240884060 - Disclosure - FINANCIAL RISK MANAGEMENT - Interest rate risk (Details) </link:definition>
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<link:definition> 240894061 - Disclosure - FINANCIAL RISK MANAGEMENT - Foreign currency risk (Details) </link:definition>
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<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240904062 - Disclosure - FINANCIAL RISK MANAGEMENT - Liquidity risk (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240914063 - Disclosure - FINANCIAL RISK MANAGEMENT - Liquidity risk maturity profile (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 240924064 - Disclosure - FINANCIAL RISK MANAGEMENT - Capital management (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 210931018 - Disclosure - ISSUED CAPITAL AND RESERVES </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240954065 - Disclosure - ISSUED CAPITAL AND RESERVES - Common Stock (Details) </link:definition>
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<link:definition> 240964066 - Disclosure - ISSUED CAPITAL AND RESERVES - Major Shareholders (Details) </link:definition>
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<link:definition> 210971019 - Disclosure - EARNINGS PER SHARE </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 240994067 - Disclosure - EARNINGS PER SHARE - Continued operations (Details) </link:definition>
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<link:definition> 241004068 - Disclosure - EARNINGS PER SHARE - Discontinued operations (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 211011020 - Disclosure - DIVIDENDS PAID AND PROPOSED </link:definition>
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<link:definition> 231023019 - Disclosure - DIVIDENDS PAID AND PROPOSED (Tables) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 241034069 - Disclosure - DIVIDENDS PAID AND PROPOSED - Declared (Details) </link:definition>
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<link:definition> 241044070 - Disclosure - DIVIDENDS PAID AND PROPOSED - Non-controlling Interests (Details) </link:definition>
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<link:definition> 211051021 - Disclosure - RELATED PARTIES </link:definition>
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<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 241074071 - Disclosure - RELATED PARTIES - Compensation to directors and senior managers of the company (Details) </link:definition>
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<link:definition> 241084072 - Disclosure - RELATED PARTIES - Compensation to key senior managers (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 241094073 - Disclosure - RELATED PARTIES - Compensation to board of directors (Details) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 211101022 - Disclosure - EVENTS AFTER THE REPORTING PERIOD </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="EVENTSAFTERTHEREPORTINGPERIODDetails" roleURI="http://veon.com/role/EVENTSAFTERTHEREPORTINGPERIODDetails">
<link:definition> 241114074 - Disclosure - EVENTS AFTER THE REPORTING PERIOD (Details) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 211121023 - Disclosure - BASIS OF PREPARATION OF THE CONSOLIDATED FINANCIAL STATEMENTS </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 211131024 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
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<link:definition> 221142002 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES (Policies) </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESTables" roleURI="http://veon.com/role/SIGNIFICANTACCOUNTINGPOLICIESTables">
<link:definition> 231153021 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES (Tables) </link:definition>
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<link:definition> 211161025 - Disclosure - CONDENSED SEPARATE FINANCIAL INFORMATION OF VEON </link:definition>
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<link:usedOn> link:calculationLink </link:usedOn>
<link:usedOn> link:definitionLink </link:usedOn>
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<link:definition> 231173022 - Disclosure - CONDENSED SEPARATE FINANCIAL INFORMATION OF VEON LTD (Tables) </link:definition>
<link:usedOn> link:presentationLink </link:usedOn>
<link:usedOn> link:calculationLink </link:usedOn>
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2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/24/23  VEON Ltd.                         20-F       12/31/22  177:29M
 4/29/22  VEON Ltd.                         20-F       12/31/21  156:38M


10 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/13/20  VEON Ltd.                         20-F       12/31/19  149:25M
 3/14/19  VEON Ltd.                         20-F       12/31/18  144:27M
12/22/17  Bank of New York/ADR Division     F-6 POS    12/22/17    2:331K VEON Ltd.                         Emmet Marvin & Mart… LLP
 4/03/17  VEON Ltd.                         20-F       12/31/16   14:10M                                    Donnelley … Solutions/FA
 9/26/16  VEON Ltd.                         6-K         9/23/16    2:76K                                    Toppan Merrill/FA
12/05/13  Telenor East Holding II AS        SC 13D/A               2:166K VEON Ltd.                         Donnelley … Solutions/FA
 8/14/12  VEON Ltd.                         S-8         8/14/12    4:137K                                   Donnelley … Solutions/FA
 3/27/12  VEON Ltd.                         S-8         3/27/12    4:162K                                   Donnelley … Solutions/FA
 4/27/10  VEON Ltd.                         S-8         4/27/10    7:1.1M                                   Donnelley … Solutions/FA
 2/08/10  VEON Ltd.                         F-4                   38:15M                                    Donnelley … Solutions/FA
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