Liberty Latin America Ltd(NASDAQ:LILA)

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company offers communications and entertainment services, including video, broadband internet, fixed-line telephony, and mobile services to residential and business custome...
Website: http://www.lla.com
Full Time Employees: 10,000
Sector: Communication Services
Industry: Telecom Services
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At a glance:
Bull Thesis:
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Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 1,082,800,000 | 1,159,500,000 | 1,112,500,000 | 1,086,700,000 | 1,083,500,000 | 1,150,300,000 | 1,089,200,000 | 1,118,000,000 | 1,099,400,000 | 1,163,600,000 | 1,125,800,000 | 1,122,700,000 | 1,103,800,000 | 1,160,700,000 | 1,222,000,000 | 1,217,600,000 | 1,218,700,000 | 1,279,100,000 | 1,192,000,000 | 1,168,000,000 | 1,159,900,000 | 1,097,200,000 | 887,500,000 | 848,900,000 | 931,000,000 | 966,800,000 | 982,900,000 | 942,700,000 | 948,500,000 | 925,200,000 | 922,100,000 | 909,900,000 | |
yoy | -0.06% | 0.80% | 2.14% | -2.80% | -1.45% | -1.14% | -3.25% | -0.42% | -0.40% | 0.25% | -7.87% | -7.79% | -9.43% | -9.26% | 2.52% | 4.25% | 5.07% | 16.58% | 34.31% | 37.59% | 24.59% | 13.49% | -9.71% | -9.95% | -1.85% | 4.50% | 6.59% | 3.60% | |||||
qoq | -6.61% | 4.22% | 2.37% | 0.30% | -5.81% | 5.61% | -2.58% | 1.69% | -5.52% | 3.36% | 0.28% | 1.71% | -4.90% | -5.02% | 0.36% | -0.09% | -4.72% | 7.31% | 2.05% | 0.70% | 5.71% | 23.63% | 4.55% | -8.82% | -3.70% | -1.64% | 4.26% | -0.61% | 2.52% | 0.34% | 1.34% | ||
operating costs and expenses | |||||||||||||||||||||||||||||||||
programming and other direct costs of services | 235,500,000 | 263,300,000 | 247,600,000 | 232,400,000 | 232,600,000 | 272,000,000 | 231,900,000 | 245,300,000 | 240,200,000 | 280,200,000 | 259,100,000 | 233,400,000 | 243,400,000 | 307,200,000 | 299,100,000 | 299,500,000 | 302,200,000 | 343,100,000 | 291,000,000 | 275,700,000 | 280,200,000 | 265,800,000 | 189,700,000 | 179,700,000 | 210,800,000 | 218,500,000 | 226,400,000 | 227,800,000 | 237,300,000 | 218,300,000 | 218,400,000 | 215,800,000 | |
other operating costs and expenses | 473,800,000 | 457,600,000 | 446,500,000 | 452,600,000 | 478,300,000 | 476,100,000 | 470,100,000 | 499,600,000 | 512,000,000 | 462,400,000 | 462,400,000 | 468,500,000 | 483,100,000 | 459,200,000 | 528,700,000 | 486,400,000 | 506,300,000 | 495,600,000 | 488,000,000 | 461,100,000 | 453,400,000 | 425,600,000 | 365,600,000 | 360,100,000 | |||||||||
depreciation and amortization | 217,100,000 | 245,000,000 | 213,600,000 | 217,500,000 | 228,800,000 | 238,400,000 | 245,400,000 | 236,700,000 | 247,800,000 | 302,700,000 | 230,500,000 | 240,500,000 | 234,600,000 | 249,000,000 | 234,300,000 | 213,300,000 | 214,100,000 | 211,300,000 | 253,500,000 | 254,000,000 | 245,900,000 | 253,100,000 | 231,600,000 | 216,400,000 | 213,500,000 | 226,000,000 | 222,000,000 | 217,300,000 | 215,100,000 | 204,800,000 | 207,600,000 | 202,300,000 | |
impairment, restructuring and other operating items | 11,200,000 | 68,000,000 | 17,300,000 | 517,200,000 | 15,700,000 | 36,100,000 | 521,400,000 | 25,600,000 | 6,600,000 | 5,300,000 | 11,100,000 | 40,800,000 | 29,700,000 | 35,800,000 | 7,000,000 | 568,600,000 | 7,800,000 | 623,700,000 | 22,100,000 | 17,000,000 | 2,200,000 | 49,400,000 | 14,000,000 | 298,700,000 | 18,800,000 | 208,300,000 | 6,500,000 | 20,500,000 | 585,100,000 | 8,800,000 | 12,900,000 | 33,700,000 | |
operating income | 145,200,000 | 125,600,000 | 187,500,000 | -333,000,000 | 128,100,000 | 127,700,000 | -379,600,000 | 110,800,000 | 92,800,000 | 113,000,000 | 162,700,000 | 139,500,000 | 113,000,000 | 109,500,000 | 152,900,000 | -350,200,000 | 188,300,000 | -394,600,000 | 137,400,000 | 160,200,000 | 178,200,000 | 103,300,000 | 86,600,000 | -206,000,000 | 107,800,000 | -69,700,000 | 143,500,000 | 113,300,000 | -384,900,000 | 138,800,000 | 124,200,000 | 98,300,000 | |
yoy | 13.35% | -1.64% | -149.39% | -400.54% | 38.04% | 13.01% | -333.31% | -20.57% | -17.88% | 3.20% | 6.41% | -139.83% | -39.99% | -127.75% | 11.28% | -318.60% | 5.67% | -481.99% | 58.66% | -177.77% | 65.31% | -248.21% | -39.65% | -281.82% | -128.01% | -150.22% | 15.54% | 15.26% | |||||
qoq | 15.61% | -33.01% | -156.31% | -359.95% | 0.31% | -133.64% | -442.60% | 19.40% | -17.88% | -30.55% | 16.63% | 23.45% | 3.20% | -28.38% | -143.66% | -285.98% | -147.72% | -387.19% | -14.23% | -10.10% | 72.51% | 19.28% | -142.04% | -291.09% | -254.66% | -148.57% | 26.65% | -129.44% | -377.31% | 11.76% | 26.35% | ||
operating margin % | 13.41% | 10.83% | 16.85% | -30.64% | 11.82% | 11.10% | -34.85% | 9.91% | 8.44% | 9.71% | 14.45% | 12.43% | 10.24% | 9.43% | 12.51% | -28.76% | 15.45% | -30.85% | 11.53% | 13.72% | 15.36% | 9.41% | 9.76% | -24.27% | 11.58% | -7.21% | 14.60% | 12.02% | -40.58% | 15.00% | 13.47% | 10.80% | |
non-operating expense: | |||||||||||||||||||||||||||||||||
interest expense | -164,200,000 | -168,400,000 | -164,300,000 | -165,400,000 | -158,300,000 | -156,400,000 | -159,200,000 | -156,200,000 | -155,900,000 | -153,700,000 | -152,300,000 | -149,100,000 | -146,600,000 | -140,900,000 | -149,200,000 | -136,900,000 | -129,700,000 | -130,200,000 | -137,100,000 | -133,700,000 | -126,400,000 | -124,900,000 | -129,900,000 | -135,300,000 | -143,300,000 | -123,900,000 | -119,800,000 | -115,700,000 | -121,600,000 | -110,200,000 | -109,400,000 | -102,500,000 | |
realized and unrealized losses on derivative instruments | -7,400,000 | -59,100,000 | -179,000,000 | -69,000,000 | -41,500,000 | ||||||||||||||||||||||||||||
foreign currency transaction gains | 45,900,000 | -4,200,000 | 12,400,000 | -7,600,000 | -46,400,000 | 23,300,000 | 24,100,000 | 3,700,000 | -6,700,000 | 49,200,000 | 96,600,000 | -113,600,000 | -136,200,000 | -44,400,000 | 116,300,000 | 30,100,000 | 19,100,000 | -164,300,000 | -19,500,000 | 32,200,000 | -58,900,000 | -16,400,000 | 15,900,000 | ||||||||||
losses on debt extinguishments | -2,300,000 | -14,400,000 | -300,000 | -4,600,000 | |||||||||||||||||||||||||||||
other expense | -6,700,000 | -14,700,000 | -5,900,000 | -1,700,000 | -6,600,000 | -3,600,000 | -1,700,000 | -1,750,000 | -1,800,000 | -400,000 | -4,800,000 | ||||||||||||||||||||||
earnings before income taxes | 10,500,000 | -169,150,000 | 11,800,000 | -117,600,000 | -160,750,000 | -574,800,000 | -72,800,000 | 4,600,000 | 11,950,000 | 58,300,000 | 49,800,000 | -49,800,000 | -58,500,000 | 121,900,000 | -466,200,000 | 116,700,000 | 67,375,000 | 113,100,000 | 39,000,000 | 117,400,000 | -252,100,000 | -81,700,000 | -3,575,000 | 9,100,000 | 14,100,000 | -37,500,000 | |||||||
income tax expense | -26,700,000 | -9,100,000 | -5,100,000 | 27,500,000 | -10,400,000 | -30,600,000 | -13,200,000 | -25,400,000 | -39,100,000 | -40,400,000 | -23,500,000 | -38,000,000 | -28,000,000 | -3,800,000 | -5,600,000 | -29,500,000 | -4,400,000 | -41,600,000 | -16,800,000 | ||||||||||||||
net income | -16,200,000 | -415,100,000 | -126,700,000 | -500,000 | -34,100,000 | -90,000,000 | -500,200,000 | -184,600,000 | -69,700,000 | -111,200,000 | -41,200,000 | -535,200,000 | -18,800,000 | -27,500,000 | |||||||||||||||||||
yoy | -87.21% | 25240.00% | -51.08% | -19.06% | 1114.08% | -65.51% | 270.74% | 304.36% | |||||||||||||||||||||||||
qoq | 227.62% | -62.11% | -82.01% | 170.96% | 164.85% | -37.32% | 169.90% | -92.30% | 2746.81% | -31.64% | |||||||||||||||||||||||
net income margin % | -1.50% | 0% | 0% | -38.20% | -11.69% | 0% | 0% | 0% | -0.05% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -3.11% | -10.14% | -58.92% | -19.83% | -7.21% | -11.31% | -4.37% | -56.43% | -2.03% | -2.98% | 0% | |
net earnings attributable to noncontrolling interests | -6,500,000 | -7,625,000 | -12,600,000 | -8,200,000 | -9,700,000 | -9,600,000 | -4,800,000 | -14,700,000 | |||||||||||||||||||||||||
net loss attributable to liberty latin america shareholders | -22,700,000 | -423,300,000 | -136,400,000 | -500,000 | -116,000,000 | -41,700,000 | -233,000,000 | -25,500,000 | -42,200,000 | -44,500,000 | |||||||||||||||||||||||
basic and diluted net loss per share attributable to liberty latin america shareholders | -0.11 | -2.12 | -0.69 | -0.64 | -0.23 | -1.34 | -0.15 | -0.25 | -0.26 | ||||||||||||||||||||||||
realized and unrealized gains on derivative instruments | 77,200,000 | -9,600,000 | -24,700,000 | -62,900,000 | 43,100,000 | -31,300,000 | 23,900,000 | 46,400,000 | -87,000,000 | 47,500,000 | 64,400,000 | -25,600,000 | 135,400,000 | 283,300,000 | -33,700,000 | 99,900,000 | 292,000,000 | 57,300,000 | 114,900,000 | -113,000,000 | -78,100,000 | 17,400,000 | 51,400,000 | -79,000,000 | 20,625,000 | 8,900,000 | 115,100,000 | ||||||
foreign currency transaction losses | -11,500,000 | -8,800,000 | -33,000,000 | -55,475,000 | -56,500,000 | -262,000,000 | -25,400,000 | -110,800,000 | -120,600,000 | ||||||||||||||||||||||||
other income | -3,400,000 | 7,000,000 | -925,000 | 2,900,000 | -4,900,000 | 1,300,000 | 400,000 | -41,100,000 | -400,000 | -600,000 | -11,700,000 | 200,000 | 4,800,000 | 6,800,000 | 4,400,000 | 2,600,000 | 2,400,000 | 1,800,000 | -12,000,000 | 4,800,000 | 5,300,000 | ||||||||||||
income tax benefit | -52,200,000 | 4,100,000 | 155,700,000 | -172,400,000 | 145,700,000 | 35,900,000 | -84,400,000 | -39,100,000 | -4,100,000 | 42,800,000 | 182,400,000 | -21,575,000 | -27,900,000 | ||||||||||||||||||||
net earnings | -131,475,000 | 15,900,000 | -116,625,000 | -429,100,000 | -36,900,000 | -1,025,000 | 47,900,000 | 19,200,000 | -63,000,000 | -83,900,000 | 82,800,000 | -506,600,000 | 93,200,000 | 41,100,000 | 74,000,000 | 1,000,000 | 89,400,000 | -54,300,000 | |||||||||||||||
net earnings attributable to liberty latin america shareholders | -139,100,000 | 3,300,000 | -119,750,000 | -435,800,000 | -42,700,000 | 7,300,000 | 59,700,000 | 38,200,000 | -49,700,000 | -77,575,000 | 84,100,000 | -473,000,000 | 83,600,000 | 42,600,000 | 78,200,000 | 4,400,000 | 87,800,000 | -164,575,000 | -84,600,000 | 35,300,000 | |||||||||||||
basic and diluted net earnings per share attributable to liberty latin america shareholders | -0.698 | 0.02 | -0.603 | -2.22 | 0.035 | 0.29 | -0.898 | -0.46 | 0.19 | ||||||||||||||||||||||||
losses before income taxes | -570,800,000 | ||||||||||||||||||||||||||||||||
gains on debt extinguishments | -5,200,000 | 300,000 | 400,000 | 10,275,000 | 41,100,000 | ||||||||||||||||||||||||||||
net loss (earnings) attributable to noncontrolling interests | -17,200,000 | -6,700,000 | -5,800,000 | 8,325,000 | 11,800,000 | -1,600,000 | -500,000 | 302,200,000 | -6,700,000 | 9,800,000 | |||||||||||||||||||||||
basic net earnings per share attributable to liberty latin america shareholders | -0.22 | 0.18 | -0.345 | 0.38 | -2.1 | 0.37 | 0.183 | 0.34 | 0.02 | 0.38 | |||||||||||||||||||||||
diluted net earnings per share attributable to liberty latin america shareholders | -0.22 | 0.17 | |||||||||||||||||||||||||||||||
non-operating income: | |||||||||||||||||||||||||||||||||
net loss attributable to noncontrolling interests | 19,000,000 | 1,000,000 | 1,300,000 | 33,600,000 | 44,000,000 | 4,200,000 | 5,200,000 | 5,400,000 | |||||||||||||||||||||||||
net (earnings) loss attributable to noncontrolling interests | 13,300,000 | ||||||||||||||||||||||||||||||||
basic and dilutive net earnings per share attributable to liberty latin america shareholders | -0.23 | ||||||||||||||||||||||||||||||||
dilutive net earnings per share attributable to liberty latin america shareholders | -0.345 | 0.38 | -2.1 | 0.36 | 0.183 | 0.33 | 0.02 | 0.37 | |||||||||||||||||||||||||
losses on debt extinguishment | -6,300,000 | -1,900,000 | -23,300,000 | ||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | 3,400,000 | ||||||||||||||||||||||||||||||||
losses on debt modification and extinguishment | -41,700,000 | -3,400,000 | -3,500,000 | -9,500,000 | -3,250,000 | ||||||||||||||||||||||||||||
income before income taxes | -30,000,000 | -132,800,000 | -496,400,000 | -179,000,000 | -36,800,000 | ||||||||||||||||||||||||||||
weighted-average shares outstanding - basic | 185,380,797 | 181,588,912 | |||||||||||||||||||||||||||||||
weighted-average shares outstanding - diluted | 185,380,797 | 181,943,750 | |||||||||||||||||||||||||||||||
net income (earnings) attributable to noncontrolling interests | 107,200,000 | 3,900,000 | 105,000,000 | ||||||||||||||||||||||||||||||
net income attributable to liberty latin america shareholders | -393,000,000 | -180,700,000 | |||||||||||||||||||||||||||||||
basic and diluted net income per share attributable to liberty latin america shareholders | -2.15 | -0.99 | |||||||||||||||||||||||||||||||
other operating | 184,800,000 | 177,900,000 | 175,500,000 | 166,400,000 | 154,800,000 | 157,600,000 | 163,300,000 | 166,500,000 | |||||||||||||||||||||||||
selling, general and administrative | 195,300,000 | 205,800,000 | 209,000,000 | 197,400,000 | 200,600,000 | 196,900,000 | 195,700,000 | 193,300,000 | |||||||||||||||||||||||||
loss on debt modification and extinguishment | -13,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2018-01-01 | 2017-12-31 |
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assets | ||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||
cash and cash equivalents | 681,400,000 | 783,900,000 | 596,700,000 | 514,400,000 | 575,500,000 | 654,300,000 | 588,600,000 | 598,600,000 | 668,500,000 | 988,600,000 | 571,600,000 | 632,900,000 | 671,800,000 | 781,000,000 | 1,030,700,000 | 856,600,000 | 917,000,000 | 1,311,100,000 | 1,305,600,000 | 193,300,000 | 1,611,900,000 | 1,752,400,000 | 1,593,300,000 | 957,400,000 | 568,800,000 | 49,900,000 | 525,100,000 | 738,000,000 | 510,600,000 | 167,500,000 | ||
trade receivables | 667,700,000 | 653,600,000 | 708,300,000 | 699,500,000 | 679,000,000 | 704,300,000 | 705,500,000 | 708,500,000 | 707,800,000 | 686,100,000 | 648,100,000 | 639,600,000 | 623,700,000 | 603,300,000 | 610,800,000 | |||||||||||||||||
prepaid expenses | 91,300,000 | 79,800,000 | 94,300,000 | 95,700,000 | 109,400,000 | 79,800,000 | 101,000,000 | 100,100,000 | 92,100,000 | 68,800,000 | 91,100,000 | 89,900,000 | 76,600,000 | 65,100,000 | 81,600,000 | 72,300,000 | 84,000,000 | 91,000,000 | 68,400,000 | 700,000 | 62,200,000 | 53,500,000 | 63,700,000 | 65,000,000 | 59,300,000 | 81,300,000 | 59,300,000 | 64,800,000 | 74,500,000 | |||
current notes receivable | 143,200,000 | 133,000,000 | 118,600,000 | 134,100,000 | 127,000,000 | 109,600,000 | 105,800,000 | 111,500,000 | 89,900,000 | 107,000,000 | 84,000,000 | 108,500,000 | 98,600,000 | 92,000,000 | 119,900,000 | |||||||||||||||||
current contract assets | 125,200,000 | 124,000,000 | 101,000,000 | 98,100,000 | 100,700,000 | 105,800,000 | 108,700,000 | 103,300,000 | 105,600,000 | 110,200,000 | 107,600,000 | 107,200,000 | 101,500,000 | 107,300,000 | ||||||||||||||||||
other current assets | 468,100,000 | 471,900,000 | 408,500,000 | 431,700,000 | 400,800,000 | 396,400,000 | 382,600,000 | 346,700,000 | 342,200,000 | 359,500,000 | 366,300,000 | 379,800,000 | 420,800,000 | 430,200,000 | 510,200,000 | 427,100,000 | 382,700,000 | 527,200,000 | 471,200,000 | 3,400,000 | 225,600,000 | 219,200,000 | 226,300,000 | 257,000,000 | 260,100,000 | 2,400,000 | 261,700,000 | 273,100,000 | 245,700,000 | 238,700,000 | 25,100,000 | |
total current assets | 2,176,900,000 | 2,246,200,000 | 2,077,000,000 | 2,039,100,000 | 2,059,800,000 | 2,131,500,000 | 2,067,100,000 | 2,064,400,000 | 2,101,400,000 | 2,412,200,000 | 1,970,600,000 | 2,091,400,000 | 1,993,000,000 | 2,078,900,000 | 2,353,200,000 | 2,023,800,000 | 2,024,700,000 | 2,520,900,000 | 2,408,600,000 | 319,500,000 | 2,405,600,000 | 2,541,300,000 | 2,455,300,000 | 1,979,200,000 | 1,548,900,000 | 73,200,000 | 1,701,400,000 | 1,632,800,000 | 1,402,300,000 | 1,067,600,000 | ||
goodwill | 3,047,200,000 | 3,007,500,000 | 2,999,600,000 | 2,983,500,000 | 2,990,700,000 | 2,981,000,000 | 2,987,900,000 | 3,473,400,000 | 3,502,700,000 | 3,483,400,000 | 3,469,800,000 | 3,459,000,000 | 3,463,800,000 | 3,421,300,000 | 3,367,800,000 | 3,927,600,000 | 4,561,600,000 | 4,775,200,000 | 4,814,100,000 | 4,503,700,000 | 4,502,300,000 | 4,808,300,000 | 5,182,800,000 | 5,225,400,000 | 5,544,900,000 | 5,602,600,000 | 5,663,600,000 | 2,143,700,000 | ||||
property and equipment | 3,793,000,000 | 3,847,800,000 | 3,898,000,000 | 3,936,100,000 | 3,988,800,000 | 4,062,400,000 | 4,038,500,000 | 4,096,900,000 | 4,149,700,000 | 4,205,700,000 | 4,254,700,000 | 4,257,500,000 | 4,269,500,000 | 4,293,600,000 | 4,123,900,000 | 4,136,400,000 | 4,246,900,000 | 4,873,100,000 | 4,891,300,000 | 4,149,800,000 | 4,155,400,000 | 4,163,500,000 | 4,361,600,000 | 4,381,100,000 | 4,182,600,000 | 4,210,700,000 | 4,236,200,000 | 2,756,300,000 | ||||
intangible assets not subject to amortization | 1,319,300,000 | 1,319,300,000 | 1,319,100,000 | 1,319,100,000 | 1,813,300,000 | 1,813,300,000 | 1,819,300,000 | 1,597,800,000 | 1,592,800,000 | 1,592,800,000 | 1,592,800,000 | 1,592,800,000 | 1,592,800,000 | 1,592,800,000 | 1,592,900,000 | 1,592,800,000 | 1,592,400,000 | 1,465,000,000 | 1,465,400,000 | 561,300,000 | 559,100,000 | 558,400,000 | 563,000,000 | 563,000,000 | 563,800,000 | 563,900,000 | 565,900,000 | |||||
intangible assets subject to amortization | 347,900,000 | 361,000,000 | 376,700,000 | 361,800,000 | 387,900,000 | 414,300,000 | 426,000,000 | 462,500,000 | 506,100,000 | 541,600,000 | 577,300,000 | 614,300,000 | 659,800,000 | 688,100,000 | 689,400,000 | 734,600,000 | 875,600,000 | 755,300,000 | 805,000,000 | 825,500,000 | 876,900,000 | 920,400,000 | 1,068,400,000 | 1,120,600,000 | 1,145,800,000 | 1,199,100,000 | 1,251,600,000 | 828,200,000 | ||||
other assets | 1,479,200,000 | 1,444,100,000 | 1,375,000,000 | 1,313,300,000 | 1,357,000,000 | 1,397,500,000 | 1,389,500,000 | 1,455,500,000 | 1,420,000,000 | 1,358,900,000 | 1,443,300,000 | 1,395,900,000 | 1,442,300,000 | 1,500,500,000 | 1,319,600,000 | 1,326,900,000 | 1,153,200,000 | 1,108,400,000 | 1,164,700,000 | 200,000 | 782,100,000 | 769,700,000 | 1,016,200,000 | 752,000,000 | 804,700,000 | 5,200,000 | 812,900,000 | 822,000,000 | 579,400,000 | 533,300,000 | ||
total assets | 12,163,500,000 | 12,225,900,000 | 12,045,400,000 | 11,952,900,000 | 12,597,500,000 | 12,800,000,000 | 12,728,300,000 | 13,150,500,000 | 13,272,700,000 | 13,594,600,000 | 13,308,500,000 | 13,410,900,000 | 13,421,200,000 | 13,575,200,000 | 15,386,000,000 | 14,970,100,000 | 15,230,800,000 | 15,996,600,000 | 15,497,900,000 | 15,549,100,000 | 3,123,900,000 | 14,597,900,000 | 14,774,500,000 | 15,198,500,000 | 13,907,000,000 | 13,643,700,000 | 3,232,200,000 | 13,951,400,000 | 14,031,100,000 | 13,699,000,000 | 7,091,600,000 | |
liabilities and equity | ||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||
accounts payable | 316,800,000 | 384,600,000 | 268,200,000 | 304,400,000 | 330,900,000 | 441,900,000 | 286,700,000 | 320,400,000 | 365,800,000 | 424,400,000 | 404,500,000 | 408,100,000 | 426,400,000 | 525,100,000 | 318,500,000 | 349,200,000 | 253,000,000 | 366,100,000 | 364,900,000 | 269,600,000 | 270,200,000 | 272,400,000 | 352,100,000 | 321,800,000 | 276,700,000 | 275,000,000 | 276,700,000 | |||||
current portion of deferred revenue | 126,500,000 | 127,400,000 | 108,400,000 | 105,500,000 | 108,000,000 | 116,300,000 | 126,500,000 | 125,600,000 | 131,200,000 | 167,100,000 | 150,800,000 | 152,300,000 | 154,100,000 | 151,700,000 | 161,600,000 | 160,700,000 | 136,100,000 | 166,800,000 | 168,700,000 | 138,000,000 | 136,200,000 | 137,800,000 | 169,100,000 | 168,600,000 | ||||||||
current portion of debt and finance lease obligations | 483,400,000 | 408,800,000 | 451,700,000 | 557,300,000 | 539,200,000 | 465,700,000 | 549,600,000 | 499,600,000 | 465,200,000 | 581,900,000 | 558,100,000 | 315,500,000 | 261,400,000 | 226,900,000 | 166,400,000 | 117,800,000 | 75,600,000 | 164,600,000 | 162,800,000 | 284,400,000 | 186,500,000 | 281,200,000 | 172,400,000 | 365,400,000 | 87,400,000 | |||||||
accrued interest | 151,600,000 | 150,100,000 | 152,800,000 | 146,600,000 | 133,000,000 | 134,700,000 | 114,500,000 | 138,700,000 | 113,100,000 | 157,300,000 | 110,800,000 | 133,400,000 | 103,300,000 | 118,200,000 | 108,000,000 | 88,700,000 | 107,300,000 | 141,200,000 | 109,600,000 | 118,900,000 | 138,200,000 | 115,700,000 | 108,100,000 | 73,700,000 | 74,600,000 | 114,300,000 | 58,800,000 | |||||
accrued payroll and employee benefits | 75,100,000 | 102,400,000 | 110,000,000 | 94,600,000 | 77,300,000 | 95,800,000 | 93,900,000 | 79,900,000 | 75,300,000 | 79,100,000 | 83,300,000 | 79,100,000 | 78,700,000 | 82,100,000 | 76,600,000 | 80,700,000 | 89,300,000 | 92,100,000 | 68,600,000 | 80,800,000 | 71,200,000 | 68,500,000 | ||||||||||
current portion of operating lease liabilities | 97,200,000 | 95,000,000 | 93,900,000 | 92,100,000 | 90,300,000 | 87,500,000 | 88,200,000 | 87,600,000 | 87,900,000 | 84,300,000 | 83,400,000 | 89,100,000 | ||||||||||||||||||||
other accrued and current liabilities | 711,100,000 | 709,600,000 | 615,900,000 | 570,900,000 | 590,400,000 | 653,400,000 | 637,900,000 | 598,600,000 | 583,100,000 | 613,500,000 | 520,100,000 | 582,500,000 | 571,200,000 | 581,200,000 | 619,100,000 | 484,100,000 | 524,500,000 | 634,600,000 | 648,500,000 | 645,500,000 | 663,300,000 | 615,700,000 | 753,600,000 | 733,500,000 | 753,400,000 | 696,200,000 | 691,200,000 | 344,000,000 | ||||
total current liabilities | 1,961,700,000 | 1,977,900,000 | 1,814,300,000 | 1,895,500,000 | 1,913,300,000 | 2,043,900,000 | 1,948,400,000 | 1,900,000,000 | 1,879,700,000 | 2,132,600,000 | 1,930,000,000 | 1,760,000,000 | 1,687,000,000 | 1,761,900,000 | 1,519,800,000 | 1,360,000,000 | 1,355,900,000 | 1,690,000,000 | 1,666,300,000 | 67,200,000 | 1,585,100,000 | 1,517,200,000 | 1,548,400,000 | 1,625,300,000 | 1,751,700,000 | 1,792,500,000 | 1,786,300,000 | 1,595,300,000 | 1,211,200,000 | |||
long-term debt and finance lease obligations | 7,878,700,000 | 7,870,400,000 | 7,828,300,000 | 7,602,600,000 | 7,633,800,000 | 7,614,500,000 | 7,606,300,000 | 7,581,100,000 | 7,590,800,000 | 7,598,000,000 | 7,356,600,000 | 7,642,900,000 | 7,653,800,000 | 7,653,800,000 | 7,628,800,000 | 7,476,000,000 | 7,443,100,000 | 8,629,700,000 | 8,620,100,000 | 342,000,000 | 8,175,400,000 | 8,654,500,000 | 8,548,700,000 | 6,860,600,000 | 6,382,400,000 | |||||||
deferred tax liabilities | 401,300,000 | 411,600,000 | 343,900,000 | 380,600,000 | 570,200,000 | 580,300,000 | 476,700,000 | 612,600,000 | 630,300,000 | 630,600,000 | 674,700,000 | 688,900,000 | 677,200,000 | 691,200,000 | 687,500,000 | 699,200,000 | 698,100,000 | 638,700,000 | 627,800,000 | 361,500,000 | 404,100,000 | 390,800,000 | 440,400,000 | 473,600,000 | 570,500,000 | 567,500,000 | 516,600,000 | 278,100,000 | ||||
deferred revenue | 92,000,000 | 81,900,000 | 79,800,000 | 82,100,000 | 85,800,000 | 88,000,000 | 85,100,000 | 87,200,000 | 96,700,000 | 91,600,000 | 89,400,000 | 92,800,000 | 101,200,000 | 109,300,000 | 127,200,000 | 143,600,000 | 164,000,000 | 168,100,000 | 172,600,000 | 187,000,000 | 192,900,000 | 205,500,000 | 226,000,000 | 230,300,000 | 165,300,000 | 159,900,000 | 159,300,000 | 156,700,000 | ||||
other long-term liabilities | 811,900,000 | 820,600,000 | 824,100,000 | 870,100,000 | 868,700,000 | 847,300,000 | 845,600,000 | 775,900,000 | 796,200,000 | 832,100,000 | 829,100,000 | 833,400,000 | 779,800,000 | 792,900,000 | 736,600,000 | 735,100,000 | 774,200,000 | 835,400,000 | 926,000,000 | 761,200,000 | 725,900,000 | 695,700,000 | 750,800,000 | 687,400,000 | 855,000,000 | 858,300,000 | 783,100,000 | 723,400,000 | ||||
total liabilities | 11,145,600,000 | 11,162,400,000 | 10,890,400,000 | 10,830,900,000 | 11,071,800,000 | 11,174,000,000 | 10,962,100,000 | 10,956,800,000 | 10,993,700,000 | 11,284,900,000 | 10,879,800,000 | 11,018,000,000 | 10,899,000,000 | 11,009,100,000 | 12,472,600,000 | 12,501,200,000 | 12,275,900,000 | 12,272,200,000 | 11,961,900,000 | 12,012,800,000 | 409,200,000 | 11,070,200,000 | 11,494,600,000 | 11,389,100,000 | 9,903,100,000 | 9,525,400,000 | 119,600,000 | 9,466,100,000 | 9,469,700,000 | 9,102,100,000 | ||
commitments and contingencies | ||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||
liberty latin america shareholders: | ||||||||||||||||||||||||||||||||
class a, 0.01 par value... | 600,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | |||||
class b, 0.01 par value... | ||||||||||||||||||||||||||||||||
class c, 0.01 par value... | 2,000,000 | 2,000,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 | 1,800,000 | 1,800,000 | 1,800,000 | 1,800,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,200,000 | 1,200,000 | 1,200,000 | |||||
undesignated preference shares, 0.01 par value... | ||||||||||||||||||||||||||||||||
treasury shares, at cost; 55.7 million and 52.4 million shares, respectively | -465,300,000 | |||||||||||||||||||||||||||||||
additional paid-in capital | 5,351,800,000 | 5,368,900,000 | 5,359,400,000 | 5,345,600,000 | 5,338,500,000 | 5,315,600,000 | 5,290,300,000 | 5,278,600,000 | 5,282,400,000 | 5,262,000,000 | 5,252,400,000 | 5,227,500,000 | 5,207,300,000 | 5,177,100,000 | 5,146,200,000 | 5,113,200,000 | 5,057,700,000 | 5,032,500,000 | 5,009,800,000 | 4,982,000,000 | 4,972,400,000 | 4,606,200,000 | 4,592,200,000 | 4,549,300,000 | 4,508,600,000 | 4,494,100,000 | 4,413,600,000 | 4,404,200,000 | 4,397,500,000 | |||
accumulated deficit | -4,265,000,000 | -4,242,300,000 | -4,155,100,000 | -4,158,400,000 | -3,735,100,000 | -3,598,700,000 | -3,420,700,000 | -2,984,900,000 | -2,942,200,000 | -2,941,700,000 | -2,838,900,000 | -2,881,000,000 | -2,919,200,000 | -2,869,500,000 | -3,067,300,000 | -2,594,300,000 | -1,964,100,000 | -2,042,300,000 | -2,046,700,000 | -2,134,500,000 | -2,105,600,000 | -2,021,000,000 | -1,628,000,000 | -1,524,700,000 | -1,408,700,000 | -1,367,000,000 | -1,134,000,000 | -1,108,500,000 | -1,066,300,000 | -1,021,800,000 | ||
accumulated other comprehensive loss, net of taxes | -83,500,000 | -124,600,000 | -131,400,000 | -137,100,000 | -139,900,000 | -154,200,000 | -201,100,000 | -200,100,000 | -187,500,000 | -198,000,000 | -193,600,000 | -198,000,000 | -126,000,000 | -149,200,000 | -70,100,000 | -123,300,000 | -100,200,000 | -162,300,000 | -150,000,000 | -125,600,000 | -83,200,000 | -56,000,000 | -21,000,000 | -47,200,000 | -6,600,000 | -16,300,000 | -154,400,000 | -87,800,000 | -86,200,000 | |||
total liberty latin america shareholders | 540,600,000 | 555,600,000 | 628,900,000 | 608,400,000 | 1,021,800,000 | 1,121,000,000 | 1,226,800,000 | 1,651,900,000 | 1,733,400,000 | 1,763,500,000 | 1,867,600,000 | 1,825,700,000 | 1,896,500,000 | 1,917,400,000 | 1,818,400,000 | 2,268,000,000 | 2,956,200,000 | 2,810,700,000 | 2,805,900,000 | 2,776,400,000 | 2,521,500,000 | 2,943,300,000 | 2,979,200,000 | 3,095,100,000 | 3,126,900,000 | 3,209,600,000 | 3,246,700,000 | |||||
noncontrolling interests | 477,300,000 | 507,900,000 | 526,100,000 | 513,600,000 | 503,900,000 | 505,000,000 | 539,400,000 | 541,800,000 | 545,600,000 | 546,200,000 | 561,100,000 | 567,200,000 | 625,700,000 | 648,700,000 | 650,500,000 | 686,900,000 | 768,200,000 | 725,300,000 | 730,400,000 | 751,300,000 | 758,400,000 | 866,100,000 | 1,024,700,000 | 1,023,200,000 | 1,358,400,000 | 1,351,800,000 | 1,350,200,000 | 1,364,600,000 | 384,600,000 | |||
total equity | 1,017,900,000 | 1,063,500,000 | 1,155,000,000 | 1,122,000,000 | 1,525,700,000 | 1,626,000,000 | 1,766,200,000 | 2,193,700,000 | 2,279,000,000 | 2,309,700,000 | 2,428,700,000 | 2,392,900,000 | 2,522,200,000 | 2,566,100,000 | 2,913,400,000 | 2,468,900,000 | 2,954,900,000 | 3,724,400,000 | 3,536,000,000 | 3,536,300,000 | 3,527,700,000 | 3,279,900,000 | 3,809,400,000 | 4,003,900,000 | 4,118,300,000 | 4,485,300,000 | 4,561,400,000 | 4,596,900,000 | ||||
total liabilities and equity | 12,163,500,000 | 12,225,900,000 | 12,045,400,000 | 11,952,900,000 | 12,597,500,000 | 12,800,000,000 | 12,728,300,000 | 13,150,500,000 | 13,272,700,000 | 13,594,600,000 | 13,308,500,000 | 13,410,900,000 | 13,421,200,000 | 13,575,200,000 | 14,970,100,000 | 15,230,800,000 | 15,996,600,000 | 15,497,900,000 | 15,549,100,000 | 14,597,900,000 | 14,774,500,000 | 15,198,500,000 | 13,907,000,000 | 13,643,700,000 | 13,951,400,000 | 14,031,100,000 | 13,699,000,000 | |||||
treasury shares, at cost; 52.4 million and 51.8 million shares, respectively | -448,900,000 | |||||||||||||||||||||||||||||||
current derivative assets | 49,600,000 | 65,600,000 | 67,400,000 | 81,300,000 | 74,900,000 | 95,700,000 | 95,300,000 | 92,000,000 | 101,900,000 | 133,500,000 | ||||||||||||||||||||||
current portion of derivative liabilities | 13,400,000 | 24,100,000 | ||||||||||||||||||||||||||||||
treasury shares, at cost; 52.1 million and 51.8 million shares, respectively | -446,400,000 | |||||||||||||||||||||||||||||||
treasury shares, at cost; 51.8 million shares at each period. | -444,100,000 | -444,100,000 | ||||||||||||||||||||||||||||||
current derivative liabilities | 44,200,000 | 48,600,000 | 51,100,000 | 49,600,000 | 58,100,000 | 25,000,000 | 19,000,000 | |||||||||||||||||||||||||
treasury shares, at cost; 51.8 million and 39.6 million shares, respectively | -444,100,000 | -444,100,000 | -444,100,000 | |||||||||||||||||||||||||||||
class b,0.01 par value... | ||||||||||||||||||||||||||||||||
treasury shares, at cost; 48.9 million and 39.6 million shares, respectively | -421,700,000 | |||||||||||||||||||||||||||||||
treasury shares, at cost; 39.6 million and 25.3 million shares, respectively | -361,200,000 | |||||||||||||||||||||||||||||||
treasury shares, at cost; 38.8 million and 25.3 million shares, respectively | -354,700,000 | |||||||||||||||||||||||||||||||
treasury shares, at cost; 35.3 million and 25.3 million shares, respectively | -325,200,000 | |||||||||||||||||||||||||||||||
current operating lease liabilities | 91,900,000 | 76,700,000 | 69,600,000 | 78,800,000 | 78,900,000 | |||||||||||||||||||||||||||
treasury shares, at cost; 28.3 million and 25.3 million shares, respectively | -268,000,000 | |||||||||||||||||||||||||||||||
assets held for sale | 1,523,300,000 | 1,488,700,000 | 1,542,200,000 | 154,500,000 | ||||||||||||||||||||||||||||
liabilities associated with assets held for sale | 1,801,300,000 | 1,862,000,000 | 1,836,900,000 | |||||||||||||||||||||||||||||
treasury shares, at cost; 25.3 million and 6.0 million shares, respectively | -243,400,000 | |||||||||||||||||||||||||||||||
revenue | 1,192,000,000 | 909,900,000 | ||||||||||||||||||||||||||||||
operating income | 137,400,000 | |||||||||||||||||||||||||||||||
earnings before income taxes | 113,100,000 | |||||||||||||||||||||||||||||||
net earnings attributable to liberty latin america shareholders | 78,200,000 | |||||||||||||||||||||||||||||||
current assets | 2,066,200,000 | |||||||||||||||||||||||||||||||
treasury shares, at cost; 18,229,074 and 6,018,074 shares, respectively | -192,800,000 | |||||||||||||||||||||||||||||||
trade receivables, net of allowance | 548,600,000 | 527,500,000 | 591,600,000 | 563,400,000 | 505,900,000 | 516,200,000 | 572,000,000 | 699,800,000 | 660,700,000 | 571,500,000 | 562,400,000 | 581,200,000 | ||||||||||||||||||||
current notes receivable, net of allowances of 20.6 million and 18.9 million, respectively | 119,200,000 | |||||||||||||||||||||||||||||||
treasury shares, at cost; 11,426,574 and 6,018,074 shares, respectively | -130,000,000 | |||||||||||||||||||||||||||||||
current notes receivable, net of allowances of 15.9 million and 8.3 million, respectively | 113,500,000 | |||||||||||||||||||||||||||||||
accrued capital expenditures | 46,400,000 | 55,400,000 | 65,500,000 | 47,900,000 | 51,600,000 | 57,100,000 | 57,100,000 | 59,700,000 | 71,200,000 | 83,500,000 | 108,300,000 | |||||||||||||||||||||
derivative instruments | 44,800,000 | 69,200,000 | 77,700,000 | |||||||||||||||||||||||||||||
treasury shares, at cost; 3,136,674 and 966,974 shares, respectively | -39,500,000 | |||||||||||||||||||||||||||||||
treasury shares, at cost; 1,673,374 and 966,974 shares, respectively | -19,500,000 | |||||||||||||||||||||||||||||||
treasury shares, at cost; 966,974 shares at each period | -9,500,000 | |||||||||||||||||||||||||||||||
other receivables – related-party | 122,100,000 | 20,200,000 | ||||||||||||||||||||||||||||||
long-term notes receivable – related-party | 46,700,000 | 45,000,000 | ||||||||||||||||||||||||||||||
investments in consolidated subsidiaries | 2,757,500,000 | |||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||
related-party loan payable | 29,800,000 | 117,500,000 | ||||||||||||||||||||||||||||||
related-party liabilities | 25,900,000 | |||||||||||||||||||||||||||||||
accrued liabilities and other | 11,500,000 | 2,100,000 | ||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||
class a, 0.01value; 500,000,000 shares authorized; 49,303,401 and 49,009,585 shares issued and outstanding, respectively, at december 31, 2020 and 48,795,552 shares issued and outstanding at december 31, 2019 | 500,000 | |||||||||||||||||||||||||||||||
class c, 0.01par value; 500,000,000 shares authorized; 181,786,924 and 181,113,766 shares issued and outstanding, respectively, at december 31, 2020 and 131,181,371shares issued and outstanding at december 31, 2019 | 1,800,000 | |||||||||||||||||||||||||||||||
treasury shares, at cost; 966,974 and nil shares, respectively | -9,500,000 | -9,500,000 | -9,500,000 | |||||||||||||||||||||||||||||
total shareholders’ equity | 2,714,700,000 | 3,112,600,000 | ||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 3,123,900,000 | 3,232,200,000 | ||||||||||||||||||||||||||||||
restricted cash | 1,369,900,000 | 1,369,800,000 | 1,276,400,000 | 261,800,000 | ||||||||||||||||||||||||||||
treasury shares, at cost; 170,313 and nil shares, respectively | -1,700,000 | |||||||||||||||||||||||||||||||
accrued income taxes | 12,900,000 | 29,000,000 | 69,600,000 | 62,100,000 | 88,700,000 | |||||||||||||||||||||||||||
interest receivables – related-party | 700,000 | |||||||||||||||||||||||||||||||
investments in consolidated subsidiaries, including intercompany balances | 3,108,800,000 | |||||||||||||||||||||||||||||||
current portion of debt and capital lease obligations | 381,700,000 | 395,300,000 | 212,300,000 | |||||||||||||||||||||||||||||
long-term debt and capital lease obligations | 6,248,100,000 | 6,257,600,000 | 6,207,100,000 | |||||||||||||||||||||||||||||
in millions | ||||||||||||||||||||||||||||||||
assets: | ||||||||||||||||||||||||||||||||
liabilities: | ||||||||||||||||||||||||||||||||
before adoption of asu 2014-09 | ||||||||||||||||||||||||||||||||
operating costs and expenses – selling, general and administrative | 193,300,000 | |||||||||||||||||||||||||||||||
non-operating expense – interest expense | 102,500,000 | |||||||||||||||||||||||||||||||
income tax expense | 16,800,000 | |||||||||||||||||||||||||||||||
net income | 54,300,000 | |||||||||||||||||||||||||||||||
trade and other receivables | 501,700,000 | |||||||||||||||||||||||||||||||
loans receivable – related-party | 86,200,000 | |||||||||||||||||||||||||||||||
inventory | 58,100,000 | |||||||||||||||||||||||||||||||
noncurrent assets: | ||||||||||||||||||||||||||||||||
other noncurrent assets | 295,800,000 | |||||||||||||||||||||||||||||||
total noncurrent assets | 6,024,000,000 | |||||||||||||||||||||||||||||||
liabilities | ||||||||||||||||||||||||||||||||
trade and other payables | 230,900,000 | |||||||||||||||||||||||||||||||
deferred revenue and advance payments | 121,400,000 | |||||||||||||||||||||||||||||||
derivative instruments and other financial liabilities | 279,000,000 | |||||||||||||||||||||||||||||||
accrued taxes payable | 87,200,000 | |||||||||||||||||||||||||||||||
current provisions | 61,300,000 | |||||||||||||||||||||||||||||||
noncurrent liabilities: | ||||||||||||||||||||||||||||||||
noncurrent debt and finance lease obligations | 2,941,000,000 | |||||||||||||||||||||||||||||||
other noncurrent liabilities | 278,900,000 | |||||||||||||||||||||||||||||||
total noncurrent liabilities | 4,477,400,000 | |||||||||||||||||||||||||||||||
net assets | 1,403,000,000 | |||||||||||||||||||||||||||||||
owners’ equity | ||||||||||||||||||||||||||||||||
capital and reserves attributable to parent: | ||||||||||||||||||||||||||||||||
share capital | 223,800,000 | |||||||||||||||||||||||||||||||
share premium | 260,300,000 | |||||||||||||||||||||||||||||||
reserves | 534,300,000 | |||||||||||||||||||||||||||||||
total parent’s equity | 1,018,400,000 | |||||||||||||||||||||||||||||||
total owners’ equity | 1,403,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||
net loss | -16,200,000 | -28,400,000 | 15,900,000 | -415,100,000 | -126,700,000 | -160,800,000 | -429,100,000 | -36,900,000 | -500,000 | -82,700,000 | 39,700,000 | 87,600,000 | -244,600,000 | -18,800,000 | |||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||
share-based compensation expense | 24,800,000 | 7,800,000 | 9,900,000 | 8,400,000 | 28,300,000 | 21,700,000 | 12,400,000 | 11,900,000 | 27,000,000 | 10,900,000 | 24,100,000 | 24,500,000 | 29,200,000 | 10,900,000 | 20,800,000 | 31,800,000 | 30,000,000 | 33,100,000 | 32,800,000 | 23,000,000 | -72,600,000 | 28,000,000 | 23,500,000 | 23,800,000 | 15,100,000 | 15,400,000 | 14,700,000 | -26,600,000 | 11,600,000 | 8,700,000 | 6,500,000 |
depreciation and amortization | 217,100,000 | 245,000,000 | 213,600,000 | 217,500,000 | 228,800,000 | 238,400,000 | 245,400,000 | 236,700,000 | 247,800,000 | 302,700,000 | 230,500,000 | 240,500,000 | 234,600,000 | 249,000,000 | 234,300,000 | 213,300,000 | 214,100,000 | 253,500,000 | 254,000,000 | 245,900,000 | 231,600,000 | 216,400,000 | 213,500,000 | 226,000,000 | 222,000,000 | 217,300,000 | -613,900,000 | 204,800,000 | 207,600,000 | 202,300,000 | |
impairments and other non-cash activity | 6,800,000 | 67,300,000 | -12,000,000 | 510,200,000 | 4,200,000 | 32,800,000 | |||||||||||||||||||||||||
amortization of debt financing costs, premiums and discounts | 7,900,000 | 8,000,000 | 7,400,000 | 7,600,000 | 7,000,000 | 8,100,000 | 3,800,000 | 5,100,000 | 6,200,000 | 6,700,000 | 7,100,000 | 7,900,000 | 8,500,000 | 9,500,000 | 8,500,000 | 9,100,000 | 6,800,000 | 7,500,000 | 6,600,000 | 7,900,000 | 6,800,000 | 1,400,000 | 600,000 | -800,000 | -600,000 | -500,000 | |||||
realized and unrealized losses on derivative instruments | 7,400,000 | -77,200,000 | 9,600,000 | 24,700,000 | 62,900,000 | -46,400,000 | 59,100,000 | 33,700,000 | 78,100,000 | 69,000,000 | -115,100,000 | 41,500,000 | |||||||||||||||||||
foreign currency transaction losses | -45,900,000 | -3,300,000 | 8,800,000 | 33,000,000 | 4,200,000 | -12,400,000 | 7,600,000 | -24,100,000 | -3,700,000 | -27,600,000 | 56,500,000 | 262,000,000 | -96,600,000 | 136,200,000 | 44,400,000 | 25,400,000 | 16,400,000 | ||||||||||||||
losses on debt modification and extinguishments | 2,300,000 | ||||||||||||||||||||||||||||||
deferred income tax benefit | -21,300,000 | 21,500,000 | -54,400,000 | -183,300,000 | -22,600,000 | -50,500,000 | 1,300,000 | -20,300,000 | -56,600,000 | -3,300,000 | -21,600,000 | 6,900,000 | -22,000,000 | -7,500,000 | |||||||||||||||||
changes in operating assets and liabilities, net of the effect of acquisitions | -140,700,000 | -34,500,000 | -43,200,000 | -160,300,000 | -96,300,000 | ||||||||||||||||||||||||||
net cash from operating activities | 42,200,000 | 461,900,000 | 178,200,000 | 141,200,000 | 24,600,000 | 398,600,000 | 177,500,000 | 156,900,000 | 23,300,000 | 390,500,000 | 218,500,000 | 225,600,000 | 62,400,000 | 377,000,000 | 144,700,000 | 224,800,000 | 122,300,000 | 274,100,000 | 238,700,000 | 114,900,000 | 159,000,000 | 243,600,000 | 187,800,000 | 210,700,000 | 234,800,000 | 163,200,000 | |||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||
capital expenditures | -99,300,000 | -141,800,000 | -122,200,000 | -139,300,000 | -96,700,000 | -163,700,000 | -126,500,000 | -140,500,000 | -109,700,000 | -162,100,000 | -149,800,000 | -159,000,000 | -114,100,000 | -162,400,000 | -177,800,000 | -155,200,000 | -164,700,000 | -210,500,000 | -122,200,000 | -149,200,000 | -136,600,000 | -135,800,000 | -159,600,000 | -167,900,000 | -236,900,000 | -188,200,000 | |||||
free cash flows | -57,100,000 | 320,100,000 | 56,000,000 | 1,900,000 | -72,100,000 | 234,900,000 | 51,000,000 | 16,400,000 | -86,400,000 | 228,400,000 | 68,700,000 | 66,600,000 | -51,700,000 | 214,600,000 | -33,100,000 | 69,600,000 | -42,400,000 | 63,600,000 | 116,500,000 | -34,300,000 | 22,400,000 | 107,800,000 | 28,200,000 | 42,800,000 | -2,100,000 | -25,000,000 | |||||
other investing activities | -9,000,000 | 47,100,000 | -48,500,000 | -12,600,000 | 1,700,000 | 35,800,000 | -9,000,000 | -25,000,000 | -7,200,000 | -1,200,000 | -11,600,000 | 0 | -18,000,000 | -26,500,000 | -14,400,000 | 17,300,000 | -16,100,000 | -11,200,000 | -700,000 | -100,000 | 300,000 | 1,100,000 | 200,000 | 300,000 | 900,000 | 200,000 | 400,000 | ||||
net cash used by investing activities | -108,300,000 | -174,700,000 | -170,700,000 | -151,900,000 | -95,000,000 | -175,200,000 | -230,900,000 | -165,500,000 | -116,900,000 | -163,300,000 | -161,400,000 | -159,000,000 | -132,100,000 | -378,000,000 | -401,700,000 | -153,900,000 | -189,000,000 | -734,400,000 | -214,500,000 | -126,400,000 | -92,800,000 | -155,800,000 | -116,000,000 | -147,100,000 | -135,500,000 | -135,900,000 | -285,500,000 | 542,100,000 | -167,000,000 | -236,700,000 | -187,800,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||||||
borrowings of debt | 158,100,000 | 168,200,000 | 503,400,000 | 277,600,000 | 941,500,000 | 1,086,700,000 | 417,000,000 | 156,200,000 | 46,100,000 | 336,500,000 | 113,400,000 | 151,500,000 | 491,400,000 | 22,300,000 | 57,000,000 | 219,700,000 | 38,600,000 | 313,700,000 | 36,500,000 | 696,000,000 | 636,100,000 | 113,300,000 | 539,600,000 | 320,000,000 | 1,119,900,000 | 201,300,000 | 27,600,000 | 335,700,000 | 190,000,000 | ||
payments of principal amounts of debt and finance lease obligations | -122,900,000 | -213,500,000 | -415,200,000 | -311,600,000 | -879,700,000 | -1,192,800,000 | -386,400,000 | -172,800,000 | -211,400,000 | -100,300,000 | -210,300,000 | -149,600,000 | -495,700,000 | -55,900,000 | -115,300,000 | -55,300,000 | -50,200,000 | -109,600,000 | -45,900,000 | -288,300,000 | -1,057,700,000 | -153,000,000 | -48,800,000 | ||||||||
repurchase of liberty latin america common shares | -14,300,000 | 0 | 0 | -26,900,000 | -56,000,000 | -7,500,000 | -30,500,000 | -58,400,000 | -21,900,000 | -17,500,000 | -33,500,000 | -64,100,000 | -55,300,000 | -20,700,000 | 0 | ||||||||||||||||
distributions to noncontrolling interest owners | -44,200,000 | 0 | 0 | -29,100,000 | -34,200,000 | 0 | -40,800,000 | -400,000 | 0 | 0 | 0 | -1,600,000 | 0 | -700,000 | -100,000 | 0 | |||||||||||||||
payment related to the lcr nci transaction | -52,700,000 | ||||||||||||||||||||||||||||||
payment of financing costs and debt redemption premiums | -7,500,000 | -7,400,000 | -22,200,000 | -2,000,000 | -24,200,000 | -15,000,000 | -2,600,000 | -300,000 | -100,000 | -2,800,000 | 0 | -600,000 | -14,800,000 | -1,300,000 | -500,000 | -3,400,000 | -2,600,000 | -3,100,000 | -7,300,000 | -26,800,000 | |||||||||||
other financing activities | 200,000 | 100,000 | 600,000 | 400,000 | -5,100,000 | -1,200,000 | 2,200,000 | -300,000 | -4,300,000 | -4,300,000 | 5,200,000 | 600,000 | -3,800,000 | 1,300,000 | -2,100,000 | 1,900,000 | -8,700,000 | 0 | -2,300,000 | -4,900,000 | -200,000 | 0 | -7,400,000 | -3,000,000 | 100,000 | -1,800,000 | -10,800,000 | 18,600,000 | -4,900,000 | -2,800,000 | |
net cash provided (used) by financing activities | -39,100,000 | 3,400,000 | 192,500,000 | -122,200,000 | -78,200,000 | 39,300,000 | -11,800,000 | ||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | 1,800,000 | -3,500,000 | -10,600,000 | -14,400,000 | -11,800,000 | -4,700,000 | -3,600,000 | -1,800,000 | -800,000 | -2,600,000 | -1,100,000 | 0 | -4,200,000 | 1,200,000 | -1,100,000 | -4,400,000 | 2,000,000 | -7,100,000 | -2,400,000 | 2,800,000 | 100,000 | -2,700,000 | -8,500,000 | -7,900,000 | 0 | 2,500,000 | -300,000 | -15,400,000 | 100,000 | ||
net decrease in cash, cash equivalents and restricted cash | -103,400,000 | 82,300,000 | -60,700,000 | -78,800,000 | -10,000,000 | -65,200,000 | -320,100,000 | -109,300,000 | -55,900,000 | -36,300,000 | |||||||||||||||||||||
cash, cash equivalents and restricted cash: | |||||||||||||||||||||||||||||||
beginning of period | 800,000,000 | 0 | 0 | 670,300,000 | 0 | 0 | 999,800,000 | 0 | 0 | 788,900,000 | 0 | 0 | 1,074,200,000 | 0 | 0 | 912,500,000 | 0 | 0 | 2,457,000,000 | 0 | 0 | 642,000,000 | 0 | 0 | 568,200,000 | ||||||
end of period | 696,600,000 | 82,300,000 | -60,700,000 | 591,500,000 | -10,000,000 | -65,200,000 | 679,700,000 | -66,200,000 | -30,700,000 | 679,600,000 | -267,300,000 | 175,800,000 | 931,300,000 | -240,200,000 | -6,300,000 | 1,325,400,000 | -140,800,000 | 252,000,000 | 2,871,700,000 | 45,600,000 | 388,800,000 | 586,100,000 | 37,200,000 | 217,800,000 | 531,900,000 | ||||||
cash paid for interest | 151,300,000 | 160,100,000 | 146,200,000 | 142,100,000 | 151,500,000 | 125,600,000 | 177,900,000 | 123,400,000 | 192,000,000 | 97,800,000 | 165,200,000 | 108,800,000 | 149,600,000 | 103,000,000 | 162,300,000 | 90,700,000 | 150,400,000 | 134,300,000 | 88,600,000 | 138,100,000 | 137,400,000 | 101,900,000 | 145,300,000 | 138,700,000 | 77,400,000 | 155,200,000 | 145,200,000 | 46,200,000 | 156,300,000 | ||
net cash paid for taxes | 24,000,000 | 36,600,000 | 42,700,000 | 38,900,000 | 41,200,000 | 41,500,000 | 23,200,000 | 25,800,000 | 54,400,000 | 19,500,000 | 19,400,000 | 21,000,000 | 19,900,000 | 32,000,000 | 25,900,000 | 32,500,000 | 25,200,000 | -18,400,000 | 25,400,000 | 14,700,000 | 28,300,000 | 1,500,000 | 12,500,000 | 40,600,000 | 38,100,000 | 21,500,000 | 28,600,000 | 54,700,000 | 29,100,000 | ||
losses on debt modification and extinguishment | 3,500,000 | 0 | |||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of the effect of acquisitions: | |||||||||||||||||||||||||||||||
receivables and other operating assets | |||||||||||||||||||||||||||||||
payables and accruals | |||||||||||||||||||||||||||||||
cash paid in connection with acquisitions, net of cash acquired | 3,300,000 | -212,300,000 | 3,000,000 | -24,800,000 | -160,100,000 | ||||||||||||||||||||||||||
purchases of investments | |||||||||||||||||||||||||||||||
net cash received related to derivative instruments | 0 | 0 | 0 | 0 | 0 | 9,800,000 | |||||||||||||||||||||||||
capital contribution from noncontrolling interest owner | 8,000,000 | 10,000,000 | |||||||||||||||||||||||||||||
capped call premium payment | 0 | ||||||||||||||||||||||||||||||
net cash used by financing activities | -152,900,000 | 47,000,000 | -54,800,000 | -225,700,000 | -35,400,000 | ||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | -50,900,000 | -267,300,000 | 175,800,000 | -142,900,000 | -240,200,000 | -6,300,000 | 412,900,000 | -857,200,000 | -140,800,000 | 252,000,000 | 414,700,000 | 45,600,000 | -274,100,000 | 37,200,000 | |||||||||||||||||
beginning of year | |||||||||||||||||||||||||||||||
end of year | |||||||||||||||||||||||||||||||
losses on debt extinguishments | 0 | 0 | 14,400,000 | 0 | 0 | 300,000 | -300,000 | -400,000 | 4,600,000 | ||||||||||||||||||||||
changes in operating assets and liabilities, net of an acquisition | -20,600,000 | -61,800,000 | -175,900,000 | ||||||||||||||||||||||||||||
cash paid in connection with an acquisition | |||||||||||||||||||||||||||||||
gain on disposal of the chile jv entities | |||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of the effect of acquisitions and dispositions: | |||||||||||||||||||||||||||||||
cash outflow upon disposal of the chile jv entities | |||||||||||||||||||||||||||||||
realized and unrealized gains on derivative instruments | 31,300,000 | -47,500,000 | -135,400,000 | -114,900,000 | |||||||||||||||||||||||||||
deferred income tax expense benefit | -195,500,000 | -54,300,000 | -28,200,000 | ||||||||||||||||||||||||||||
distributions to non-controlling interest owners | -11,800,000 | ||||||||||||||||||||||||||||||
impairments and other non-cash charges | 9,300,000 | 3,300,000 | 4,800,000 | 8,300,000 | |||||||||||||||||||||||||||
changes in operating assets and liabilities | -37,400,000 | -162,900,000 | |||||||||||||||||||||||||||||
foreign currency transaction gains | -23,300,000 | -49,200,000 | -32,200,000 | -15,900,000 | |||||||||||||||||||||||||||
deferred income tax expense | -74,700,000 | -17,100,000 | -21,700,000 | 21,600,000 | -7,400,000 | 800,000 | 19,000,000 | 19,900,000 | 7,200,000 | ||||||||||||||||||||||
net earnings | -63,000,000 | 77,800,000 | -506,600,000 | 93,200,000 | 74,000,000 | 1,000,000 | 89,400,000 | -54,300,000 | |||||||||||||||||||||||
adjustments to reconcile net earnings to net cash from operating activities: | |||||||||||||||||||||||||||||||
impairments and other non-cash losses | 16,000,000 | ||||||||||||||||||||||||||||||
issuance of liberty latin america common shares | -2,600,000 | ||||||||||||||||||||||||||||||
impairments | |||||||||||||||||||||||||||||||
losses (gains) on dispositions | |||||||||||||||||||||||||||||||
amortization of deferred financing costs, premiums and discounts | 9,300,000 | ||||||||||||||||||||||||||||||
losses (gains) on debt extinguishments | |||||||||||||||||||||||||||||||
impairment of an investment | |||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of the effect of acquisitions and dispositions | -100,400,000 | -51,100,000 | -164,400,000 | -400,000 | |||||||||||||||||||||||||||
proceeds from dispositions | 2,800,000 | 300,000 | 500,000 | ||||||||||||||||||||||||||||
net cash received (paid) related to derivative instruments | |||||||||||||||||||||||||||||||
net cash from financing activities | -9,200,000 | 227,200,000 | 132,000,000 | 455,400,000 | 30,000,000 | ||||||||||||||||||||||||||
impairment | 556,600,000 | 1,900,000 | 100,000 | 600,000 | 2,300,000 | 1,200,000 | 277,000,000 | 1,700,000 | 196,200,000 | 0 | 100,000 | ||||||||||||||||||||
loss on dispositions | 500,000 | 100,000 | -8,600,000 | ||||||||||||||||||||||||||||
losses on debt extinguishment | 1,900,000 | ||||||||||||||||||||||||||||||
net cash paid related to derivative instruments | -43,000,000 | ||||||||||||||||||||||||||||||
gain on dispositions | |||||||||||||||||||||||||||||||
realized and unrealized losses (gains) on derivative instruments | -17,400,000 | -51,400,000 | |||||||||||||||||||||||||||||
cash received upon dispositions | 200,000 | 20,400,000 | |||||||||||||||||||||||||||||
loss on debt extinguishment | 23,300,000 | ||||||||||||||||||||||||||||||
net cash provided by operating activities | 203,500,000 | ||||||||||||||||||||||||||||||
net cash provided by financing activities | 333,000,000 | -6,200,000 | |||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash used by operating activities: | |||||||||||||||||||||||||||||||
equity in losses of consolidated subsidiaries | |||||||||||||||||||||||||||||||
amortization of debt financing costs | |||||||||||||||||||||||||||||||
net cash from (used) by operating activities | |||||||||||||||||||||||||||||||
investments in and advances to consolidated subsidiaries | |||||||||||||||||||||||||||||||
borrowings of third-party debt | |||||||||||||||||||||||||||||||
repayments of related-party debt | |||||||||||||||||||||||||||||||
capped calls | 0 | ||||||||||||||||||||||||||||||
repurchase of liberty latin america shares | -1,400,000 | ||||||||||||||||||||||||||||||
borrowings of related-party debt | |||||||||||||||||||||||||||||||
loss on debt modification and extinguishment | 41,700,000 | 0 | 3,400,000 | 13,000,000 | |||||||||||||||||||||||||||
recovery on damaged or destroyed property and equipment | 0 | 0 | 33,900,000 | ||||||||||||||||||||||||||||
payment of financing costs and debt premiums | -48,600,000 | -900,000 | -25,900,000 | -10,400,000 | |||||||||||||||||||||||||||
net income | -500,200,000 | -184,600,000 | -69,700,000 | -111,200,000 | -41,200,000 | ||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||
foreign currency transaction losses (gains) | -19,100,000 | 164,300,000 | |||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of the effect of an acquisition | 54,200,000 | -77,400,000 | -221,700,000 | 11,300,000 | -18,900,000 | -25,700,000 | 50,200,000 | -55,600,000 | |||||||||||||||||||||||
cash received (paid) in connection with an acquisition, net of cash acquired | |||||||||||||||||||||||||||||||
cash paid in connection with an acquisition, net of cash acquired | 1,800,000 | 0 | |||||||||||||||||||||||||||||
unrealized loss due to change in fair value of an investment | |||||||||||||||||||||||||||||||
cash payments for the acquisition of noncontrolling interests | |||||||||||||||||||||||||||||||
repayments of debt and finance lease obligations | -765,800,000 | -160,200,000 | |||||||||||||||||||||||||||||
cash payment related to the c&w jamaica nci acquisition | -1,100,000 | -18,600,000 | |||||||||||||||||||||||||||||
net cash used by operating activities | |||||||||||||||||||||||||||||||
impairment, restructuring and other operating items | 8,800,000 | 12,900,000 | 33,700,000 | ||||||||||||||||||||||||||||
repayments of debt and capital lease obligations | -42,600,000 | -82,800,000 | -190,400,000 | ||||||||||||||||||||||||||||
capital contributions from noncontrolling interest owner | |||||||||||||||||||||||||||||||
cash payments related to nci acquisitions | |||||||||||||||||||||||||||||||
distributions to liberty global | |||||||||||||||||||||||||||||||
cash received in connection with acquisitions | |||||||||||||||||||||||||||||||
repayments of third-party debt and capital lease obligations | |||||||||||||||||||||||||||||||
contributions from (distributions to) liberty global | |||||||||||||||||||||||||||||||
cash payment related to the c&w barbados nci acquisition | |||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | |||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | |||||||||||||||||||||||||||||||
cash and cash equivalents: |
