Company: LBTYK
Filing Date: 2025-03-25
Form Type: 10-K/A
Source: 0001570585-25-000097
Chunk: 25

Company: Liberty Global Ltd.
Filing Date: 2025-03-25
Form: 10-K/A
Chunk 25
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.0 |     | £         | 268.7 |     | £     |   758.7 |     | £                | 367.2 |     | £         | 544.0 |     | £     |   911.2 |
| Foreign currency forward and option contracts             |     |                  |   1.6 |     |           |     — |     |       |     1.6 |     |                  |   0.4 |     |           |     — |     |       |     0.4 |
| Total                                                     |     | £                | 491.6 |     | £         | 268.7 |     | £     |   760.3 |     | £                | 367.6 |     | £         | 544.0 |     | £     |   911.6 |

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(a) Our long-term derivative assets, current derivative liabilities and long-term derivative liabilities are included in other assets, net, other accrued and current liabilities and other long-term liabilities, respectively, on our consolidated balance sheets.

(b) We consider credit risk relating to our and our counterparties’ non-performance in the fair value assessment of our derivative instruments. In all cases, the adjustments take into account offsetting liability or asset positions. The changes in the credit risk valuation adjustments associated with our cross-currency and interest rate derivative contracts resulted in net (losses) gains of (£28.8 million), £44.7 million and (£112.9 million) during 2024, 2023 and 2022, respectively. These amounts are included in realised and unrealised gains (losses) on derivative instruments, net, in our consolidated statements of operations. For additional information regarding our fair value measurements, see note 6.

The details of our realised and unrealised gains (losses) on derivative instruments, net, are as follows:

|                                                       |     | Year ended 31 December |  2024 |     |   |   2023 |     |   |    2022 |
|:------------------------------------------------------|:----|:-----------------------|------:|:----|:--|-------:|:----|:--|--------:|
|                                                       |     | in millions            |       |     |   |        |     |   |         |
| Cross-currency and interest rate derivative contracts |     | £                      | 395.5 |     | £ | -796