Liberty Latin America Ltd. (LILA) financial statements (2022 and earlier)
Company profile
| Business Address |
1550 WEWATTA STREET DENVER, CO 80202 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 4841 - Cable and Other Pay Television Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 957 | 894 | 631 | 530 | |||
| Cash and cash equivalents | 957 | 894 | 631 | 530 | |||
| Receivables | 653 | 561 | 607 | 557 | |||
| Prepaid expense | 68 | 63 | 73 | 66 | |||
| Other current assets | 389 | 434 | 333 | 223 | |||
| Total current assets: | 2,066 | 1,952 | 1,645 | 1,375 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 4,168 | 4,911 | 4,237 | 4,169 | |||
| Intangible assets, net (including goodwill) | 6,329 | 7,210 | 6,862 | 7,555 | |||
| Goodwill | 3,948 | 4,886 | 5,133 | 5,674 | |||
| Intangible assets, net (excluding goodwill) | 2,381 | 2,325 | 1,728 | 1,882 | |||
| Restricted cash and investments | 17 | ||||||
| Disposal group, including discontinued operation, noncurrent assets | 1,569 | ||||||
| Other noncurrent assets | 1,254 | 1,139 | 703 | 518 | |||
| Total noncurrent assets: | 13,320 | 13,278 | 11,802 | 12,242 | |||
| TOTAL ASSETS: | 15,386 | 15,230 | 13,447 | 13,617 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 1,139 | 1,194 | 1,070 | 1,002 | |||
| Accounts payable | 398 | 352 | 297 | 287 | |||
| Accrued liabilities | 528 | 613 | 624 | 508 | |||
| Employee-related liabilities | 101 | 98 | |||||
| Taxes payable | 30 | 92 | |||||
| Interest and dividends payable | 113 | 132 | 119 | 116 | |||
| Deferred revenue | 148 | 185 | ✕ | ✕ | |||
| Debt | 106 | 162 | 303 | 263 | |||
| Derivative instruments and hedges, liabilities | 39 | 90 | 24 | 42 | |||
| Restructuring reserve | 8 | 18 | 18 | 17 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 193 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 162 | ✕ | ||
| Other undisclosed current liabilities | 74 | 56 | 33 | 69 | |||
| Total current liabilities: | 1,515 | 1,705 | 1,609 | 1,587 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation, including: | 7,460 | 8,195 | 6,380 | 6,108 | |||
| Long-term debt, excluding current maturities | 8,184 | 6,376 | 6,097 | ||||
| Capital lease obligations | ✕ | ✕ | ✕ | 11 | |||
| Other undisclosed long-term debt and lease obligation | 7,460 | 12 | 4 | ||||
| Liabilities, other than long-term debt | 3,499 | 1,886 | 1,047 | 809 | |||
| Deferred revenue | 153 | 185 | ✕ | ✕ | |||
| Deferred income tax liabilities | 696 | 620 | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 206 | 45 | |||||
| Restructuring reserve | 8 | 14 | |||||
| Disposal group, including discontinued operation, liabilities | 1,854 | ||||||
| Other liabilities | 796 | 1,081 | 792 | 698 | |||
| Derivative instruments and hedges, liabilities | 41 | 52 | |||||
| Other undisclosed noncurrent liabilities | 288 | 422 | |||||
| Total noncurrent liabilities: | 10,958 | 10,081 | 7,715 | 7,339 | |||
| Total liabilities: | 12,473 | 11,786 | 9,323 | 8,926 | |||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent, including: | 2,236 | 2,715 | 3,113 | 3,330 | |||
| Treasury stock, value | (74) | (10) | |||||
| Additional paid in capital | 5,075 | 4,982 | 4,494 | 4,403 | |||
| Accumulated other comprehensive loss | (90) | (126) | (16) | (64) | |||
| Accumulated deficit | (2,678) | (2,135) | (1,367) | (1,011) | |||
| Other undisclosed stockholders' equity attributable to parent | 2 | 2 | 2 | 2 | |||
| Stockholders' equity attributable to noncontrolling interest | 677 | 729 | 1,011 | 1,361 | |||
| Total stockholders' equity: | 2,913 | 3,444 | 4,123 | 4,691 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,386 | 15,230 | 13,447 | 13,617 | |||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Revenues | 4,799 | 3,765 | 3,706 | 3,590 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 3,590 | |
| Cost of revenue | (1,907) | (1,514) | (1,571) | (1,472) | ||
| Cost of goods and services sold | (1,190) | (846) | ||||
| Gross profit: | 2,892 | 2,251 | 2,135 | 2,118 | ||
| Operating expenses | (2,811) | (2,159) | (2,158) | (2,267) | ||
| Operating income (loss): | 81 | 92 | (24) | (148) | ||
| Nonoperating expense | (382) | (930) | (561) | (503) | ||
| Investment income, nonoperating | 564 | (353) | 95 | (170) | ||
| Foreign currency transaction gain (loss), before tax | (320) | 1 | (180) | 94 | ||
| Interest and debt expense | (57) | (45) | (32) | (52) | ||
| Loss from continuing operations before equity method investments, income taxes: | (358) | (883) | (617) | (703) | ||
| Other undisclosed income from continuing operations before income taxes | 57 | 45 | 32 | 52 | ||
| Loss from continuing operations before income taxes: | (301) | (838) | (585) | (651) | ||
| Income tax expense (benefit) | (190) | 29 | (51) | (148) | ||
| Net loss: | (490) | (809) | (636) | (799) | ||
| Net income attributable to noncontrolling interest | 50 | 122 | 291 | 21 | ||
| Net loss available to common stockholders, diluted: | (440) | (687) | (345) | (778) | ||
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Net loss: | (490) | (809) | (636) | (799) | ||
| Other comprehensive income (loss) | 35 | (112) | 39 | (47) | ||
| Comprehensive loss: | (455) | (921) | (596) | (845) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 51 | 123 | 292 | 20 | ||
| Comprehensive loss, net of tax, attributable to parent: | (404) | (798) | (305) | (826) | ||
Statements sources
The financial statements are based on the company's filings with the 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.