Company: LBTYK
Filing Date: 2025-03-25
Form Type: 10-K/A
Source: 0001570585-25-000097
Chunk: 55

Company: Liberty Global Ltd.
Filing Date: 2025-03-25
Form: 10-K/A
Chunk 55
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.1 |     |      |     — |
| Lapse of statute of limitations                              |     |             |   — |     |      | -15.6 |     |      | -51.2 |
| Additions for tax positions of prior years                   |     |             |   — |     |      |   0.9 |     |      |  20.3 |
| Reductions for tax positions of prior years                  |     |             |   — |     |      |     — |     |      | -20.2 |
| Foreign currency translation                                 |     |             |   — |     |      |  -0.4 |     |      |   8.5 |
| Balance at 31 December                                       |     |           £ | 7.5 |     |    £ |   6.5 |     |    £ |  20.5 |

All unrecognised tax benefits would have a favourable impact on our effective income tax rate if recognised. No assurance can be given that any of these tax benefits will be recognised or realised.

We do not expect any material changes to our unrecognised tax benefits during 2025.

A 15.0% corporate alternative minimum tax ( CAMT ) applies in the U.S. on "adjusted financial statement income" for tax years beginning after 31 December 2022. CAMT did not have an impact on our consolidated financial statements through 31 December 2024. We will continue to monitor additional guidance as it is issued to assess the impact to our tax position.

A global minimum tax with a rate of 15.0% applies in the U.K. for accounting periods starting on or after 31 December 2023. The legislation implements a domestic top-up tax and a multinational top-up tax. This legislation did not have any impact on our consolidated financial statements through 31 December 2024. We will continue to monitor future legislation and any additional guidance that is issued.

(12) Share Capital

As of 31 December 2024 and 2023, VMED O2 has 12 ordinary shares, each with a nominal value of £1.00.

During 2024, 2023 and 2022, VMED O2 paid total dividends of £0.9 billion, £2.0 billion and £1.6 billion, respectively, to its Shareholders, which are reflected as decreases to owners' equity in our consolidated statements of owners' equity.

On