Company: LBTYK
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001570585-25-000021
Chunk: 175

Company: Liberty Global Ltd.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 9C
Chunk 175
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,115.8 Year ended December 31, 2022:Telenet$2,807.3 $— $2,807.3 VM Ireland491.4 3.3 494.7 VMO2 JV (nonconsolidated JV)12,857.2 — 12,857.2 VodafoneZiggo JV (nonconsolidated JV)4,284.6 — 4,284.6 Total reportable segment revenue$20,440.5 $3.3 20,443.8 Plus: all other category (a)960.9 Less: nonconsolidated JV revenue(17,141.8)Less: elimination of intercompany consolidated revenue (b)(245.4)Total consolidated revenue$4,017.5 _____________(a)Amounts include revenue from (i) third parties and affiliates of $174.9 million, $142.3 million and $203.7 million, respectively, (ii) services agreements with our nonconsolidated JV reportable segments, as further described in note 7, of $594.9 million, $382.0 million and $515.1 million, respectively, and (iii) our consolidated reportable segments of $243.8 million, $251.9 million and $242.1 million.(b)Primarily reflects the elimination of (i) the revenue recognized related to the Tech Framework and (ii) transactions between our continuing and discontinued operations.

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LIBERTY GLOBAL LTD.Notes to Consolidated Financial Statements — (Continued)December 31, 2024, 2023 and 2022

The expense categories and amounts presented below align with the segment-level information that is regularly provided to the CODM. These amounts include intersegment expenses and are exclusive of share-based compensation expense. Year ended December 31,202420232022 Programming and other direct costs of servicesOperating expensesProgramming and other direct costs of servicesOperating expensesProgramming and other direct costs of servicesOperating expenses in millionsConsolidated reportable segments:Telenet$764.5 $1,027.7 $789.1 $984.9 $657.9 $849.8 VM Ireland$127.7 $185.4 $139.0 $185.7 $134.2 $176.9 Noncons