Company: KYIV
Filing Date: 2025-12-09
Form Type: F-1/A
Source: 0001213900-25-119722
Chunk: 324

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-09
Form: F-1/A
Chunk 324
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:--|:----|--------------:|:--|:----|-------------:|:--|:----|-----------:|:--|:----|------:|:--|
| Expected loss rate, %  |     |       3 | % |     |            17 | % |     |            0 | % |     |        100 | % |     |       |   |
| Trade receivables      |     |      35 |   |     |             6 |   |     |            4 |   |     |         12 |   |     |    57 |   |
| Expected credit losses |     |      (1 | ) |     |            (1 | ) |     |            — |   |     |        (12 | ) |     |   (14 | ) |
| Trade receivables, net |     |      34 |   |     |             5 |   |     |            4 |   |     |          — |   |     |    43 |   |

ACCOUNTING POLICIES

Trade and other receivables

Trade and other receivables are measured at amortized cost and include invoiced/contractual amounts less expected credit losses.

Expected credit losses

Credit risk is discussed in Note 16.

6OTHER ASSETS AND LIABILITIES

Other assets consisted of the following items as of December 31:

|                                                               |     | 2024 |     | 2023 |
| Other non-current assets                                      |     |      |     |      |
| Customer acquisition costs (see Note 3)                       |     |   30 |     |   38 |
| Prepayments for property, plant and equipment and intangibles |     |   40 |     |   18 |
| Other non-financial assets                                    |     |   10 |     |   11 |
| Total other non-current assets                                |     |   80 |     |   67 |
| Other current assets                                          |     |      |     |      |
| Advances to suppliers                                         |     |   18 |     |    7 |
| Prepaid taxes                                                 |     |    2 |     |    2 |
| Current deferred costs for DBSS project, licenses*            |     |    3 |     |    2 |
| Current portion of deferred cost related to connection fees   |     |    3 |     |