Company: LBTYK
Filing Date: 2025-03-25
Form Type: 10-K/A
Source: 0001570585-25-000097
Chunk: 33

Company: Liberty Global Ltd.
Filing Date: 2025-03-25
Form: 10-K/A
Chunk 33
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 tools and other items  |     | 3 to 11 years    |     |      |     |             |  2,889.0 |     |      |     |   |  2,731.4 |
| Plant and equipment in progress            |     | N/A              |     |      |     |             |  1,221.4 |     |      |     |   |    910.0 |
| Land and buildings                         |     | 2 to 50 years    |     |      |     |             |    467.6 |     |      |     |   |    458.0 |
| Total property, plant and equipment, gross |     |                  |     |      |     |             | 14,966.9 |     |      |     |   | 13,440.7 |
| Accumulated depreciation                   |     |                  |     |      |     |             | -6,047.9 |     |      |     |   | -4,920.2 |
| Total property, plant and equipment, net   |     |                  |     |      |     | £           |  8,919.0 |     |      |     | £ |  8,520.5 |

Depreciation expense related to our property, plant and equipment was £1,651.7 million, £2,019.5 million and £2,371.2 million during 2024, 2023 and 2022, respectively.

During 2024, 2023 and 2022, we recorded non-cash increases to our property, plant and equipment related to vendor financing arrangements of £698.9 million, £691.5 million and £759.9 million, respectively, which excludes related VAT of £131.4 million, £132.7 million and £145.6 million, respectively, that were also financed under these arrangements.

#### Goodwill
Our goodwill represents the equity of the Joint Venture contributed businesses in excess of the fair value of our net identifiable assets and liabilities. During the fourth quarters of 2023 and 2022, we recorded goodwill impairments of £2.3 billion and £3.1 billion, respectively, in our GAAP consolidated financial statements. There was no goodwill impairment expense in the current period. The historic impairments recorded primarily related to (i) declining reported EBITDA resulting from the effects of the broader macroeconomic environment in