Company: LILA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001712184-25-000031
Chunk: 178

Company: Liberty Latin America Ltd.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 9C
Chunk 178
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 (ii) the underlying currency and/or (iii) the borrowing period. We typically enter into these swaps to optimize our interest rate profile based on our current evaluations of yield curves, our risk management policies and other factors. The following table sets forth the total U.S. dollar equivalents of the notional amounts and the related weighted average remaining contractual lives of our basis swap contracts at December 31, 2024:Borrowing groupNotional amount due from counterparty Weighted average remaining life in millionsin yearsC&W (a)$4,200.0 0.2Liberty Puerto Rico (b)$1,240.0 0.5(a)Comprises $2.1 billion notional amount of contracts that had a maturity date of January 15, 2025, and $2.1 billion notional amount of forward-starting contracts.(b)Comprises $620 million notional amount of contracts that had a maturity date of January 15, 2025, and $620 million notional amount of forward-starting contracts. Interest Rate FloorsInterest rate floors provide protection against interest rates falling below a pre-set level. At December 31, 2024, our Liberty Puerto Rico borrowing group had an interest rate floor with a total notional amount of $620 million and a remaining contractual life of 2.8 years.Interest Rate CapsInterest rate caps provide protection against interest rates rising above a pre-set level. At December 31, 2024, our Liberty Puerto Rico borrowing group had interest rate caps with total notional amounts of $120 million and a remaining weighted average contractual life of 2.8 years.Foreign Currency Forwards ContractsWe enter into foreign currency forward contracts with respect to non-functional currency exposure. At December 31, 2024, our Liberty Costa Rica borrowing group had foreign currency forward contracts with total notional amounts due from and to counterparties of $168 million and CRC 93 billion, respectively, with a weighted average remaining contractual life of 0.5 years.

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Liberty Latin America Ltd.Notes to Consolidated Financial Statements – (Continued)December 31, 2024, 2023 and 2022

(8)    Long-lived Assets 

Impairment Charges The following table sets forth the details of our impairment charges:C&W CaribbeanC&W PanamaLiberty NetworksLiberty Puerto RicoVTR (a)Liberty Costa RicaTotal in millionsYear ended December 31,