Company: LBTYK
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001570585-25-000183
Chunk: 76

Company: Liberty Global Ltd.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 76
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 inputs with respect to revenue growth and Adjusted EBITDA margin (as defined in note 16), and terminal growth rates, are based on our assumptions. The valuation of customer relationships is primarily based on an excess earnings methodology, which is a form of a discounted cash flow analysis. The excess earnings methodology requires us to estimate the specific cash flows expected from the customer relationship, considering such factors as estimated customer life, the revenue expected to be generated over the life of the customer relationship, contributory asset charges and other factors. Tangible assets are typically valued using a replacement or reproduction cost approach, considering factors such as current prices of the same or similar equipment, the age of the equipment and economic obsolescence. The implied value of goodwill is determined by allocating the fair value of a reporting unit to all of the assets and liabilities of that unit as if the reporting unit had been acquired in a business combination, with the residual amount allocated to goodwill. Most of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level 3 of the fair value hierarchy. During the six months ended June 30, 2025 and 2024 we did not perform any significant nonrecurring fair value measurements.For additional information concerning our fair value measurements, see note 9 to the consolidated financial statements included in our 2024 10-K. 

24

LIBERTY GLOBAL LTD.Notes to Condensed Consolidated Financial Statements — (Continued)June 30, 2025(unaudited)

A summary of our assets and liabilities that are measured at fair value on a recurring basis is as follows:  Fair value measurements atJune 30, 2025 using:DescriptionJune 30,2025Quoted prices in active markets for identical assets(Level 1)Significant other observable inputs(Level 2)Significant unobservable inputs(Level 3) in millionsAssets:Derivative instruments:Cross-currency and interest rate derivative contracts$270.1 $— $270.1 $— Equity-related derivative instruments29.3 — 29.3 — Foreign currency forward and option contracts15.6 — 15.6 — Other7.0 — 7.0 — Total derivative instruments322.0 — 322.0 — Investments:SMAs82.8 — 82.8 — Other investments3,175.3 1,807.5