Liberty Latin America Ltd. (LILA) Financial Statements (2024 and earlier)

Company Profile

Business Address 1550 WEWATTA STREET
DENVER, CO 80202
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7819578941,184631530
Cash and cash equivalents7819578941,184631530
Receivables695653561585607557
Prepaid expense656863597366
Contract with customer, asset, after allowance for credit loss107    
Derivative instruments and hedges, assets      
Other current assets430389434227333223
Total current assets:2,0792,0661,9522,0551,6451,375
Noncurrent Assets
Property, plant and equipment4,2944,1684,9114,3014,2374,169
Intangible assets, net (including goodwill)5,7026,3297,2106,4366,8627,555
Goodwill3,4213,9484,8864,9065,1335,674
Intangible assets, net (excluding goodwill)2,2812,3812,3251,5301,7281,882
Restricted cash and investments   171,272  
Disposal group, including discontinued operation, noncurrent assets  1,569    
Other noncurrent assets1,5011,2541,139873703518
Total noncurrent assets:11,49613,32013,27812,88211,80212,242
TOTAL ASSETS:13,57515,38615,23014,93813,44713,617
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,3071,1391,1941,1631,0701,002
Interest and dividends payable113132133119116
Taxes payable   3092
Employee-related liabilities1019889  
Accounts payable525398352347297287
Accrued liabilities782528613595624508
Deferred revenue152148185161
Debt227106162180303263
Derivative instruments and hedges, liabilities423990352442
Restructuring reserve  818241817
Deferred revenue and credits193
Contract with customer, liability162
Other undisclosed current liabilities347456133369
Total current liabilities:1,7621,5151,7051,5761,6091,587
Noncurrent Liabilities
Long-term debt and lease obligation, including:7,6547,4608,1958,1906,3806,108
Long-term debt, excluding current maturities   8,1848,1886,3766,097
Capital lease obligations 11
Other undisclosed long-term debt and lease obligation7,6547,46012(118)4 
Liabilities, other than long-term debt1,5933,4991,8861,1921,047809
Deferred revenue109153185211
Deferred income tax liabilities691696620402
Liability, pension and other postretirement and postemployment benefits     20645
Restructuring reserve     814
Disposal group, including discontinued operation, liabilities  1,854    
Other liabilities7937961,081579792698
Operating lease, liability    119
Derivative instruments and hedges, liabilities     4152
Other undisclosed noncurrent liabilities     288422
Total noncurrent liabilities:9,24710,95810,0819,3827,7157,339
Total liabilities:11,00912,47311,78610,9589,3238,926
Equity
Equity, attributable to parent, including:1,9172,2362,7153,1103,1133,330
Treasury stock, value(243)(74)(10)   
Additional paid in capital5,1775,0754,9824,5704,4944,403
Accumulated other comprehensive loss(149)(90)(126)(15)(16)(64)
Accumulated deficit(2,870)(2,678)(2,135)(1,447)(1,367)(1,011)
Other undisclosed equity, attributable to parent222222
Equity, attributable to noncontrolling interest6496777298701,0111,361
Total equity:2,5662,9133,4443,9804,1234,691
TOTAL LIABILITIES AND EQUITY:13,57515,38615,23014,93813,44713,617

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues4,8154,7993,7653,8673,7063,590
Revenue, net3,590
Cost of revenue(2,027)(1,907)(1,514)(1,583)(1,571)(1,472)
Cost of goods and services sold(1,211)(1,190)(846)(889)  
Gross profit:2,7882,8922,2512,2842,1352,118
Operating expenses(2,694)(2,811)(2,159)(1,930)(2,158)(2,267)
Operating income (loss):948192354(24)(148)
Nonoperating expense(210)(382)(930)(634)(561)(503)
Investment income, nonoperating359564(353)(17)95(170)
Gain (loss), foreign currency transaction, before tax(194)(320)1(113)(180)94
Interest and debt expense41(57)(45)(20)(32)(52)
Income (loss) from continuing operations before equity method investments, income taxes:(74)(358)(883)(300)(617)(703)
Other undisclosed income (loss) from continuing operations before income taxes(41)5745203252
Income (loss) from continuing operations before income taxes:(115)(301)(838)(281)(585)(651)
Income tax expense (benefit)(87)(190)2998(51)(148)
Income (loss) from continuing operations:(202)(490)(809)(182)(636)(799)
Loss before gain (loss) on sale of properties:(490)(809)(182)(636)(799)
Net income (loss):(202)(490)(809)(182)(636)(799)
Net income attributable to noncontrolling interest265012210229121
Net income (loss) available to common stockholders, basic:(176)(440)(687)(80)(345)(778)
Interest on convertible debt      
Net income (loss) available to common stockholders, diluted:(176)(440)(687)(80)(345)(778)

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(202)(490)(809)(182)(636)(799)
Other comprehensive income (loss)(60)35(112)139(47)
Comprehensive income (loss):(262)(455)(921)(181)(596)(845)
Comprehensive income, net of tax, attributable to noncontrolling interest275112310329220
Comprehensive income (loss), net of tax, attributable to parent:(235)(404)(798)(79)(305)(826)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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