Company: LBTYK
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001570585-25-000021
Chunk: 288

Company: Liberty Global Ltd.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 288
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 in millionsEarnings (loss) from continuing operations$1,869.1 $(3,659.1)$771.7 Income tax expense (benefit)(30.8)213.1 406.7 Other income, net(201.8)(211.4)(101.0)Gain on sale of All3Media(242.9)— — Gain associated with the Formula E Acquisition(190.7)— — Gain associated with the Telenet Wyre Transaction— (377.8)— Gain on Telenet Tower Sale— — (700.5)Share of results of affiliates, net205.6 2,018.4 1,268.3 Realized and unrealized losses due to changes in fair values of certain investments, net28.4 556.6 317.0 Foreign currency transaction losses (gains), net(1,756.5)719.7 (1,298.8)Realized and unrealized gains on derivative instruments, net(315.2)(78.3)(854.4)Interest expense574.7 505.0 300.9 Operating income (loss)(60.1)(313.8)109.9 Impairment, restructuring and other operating items, net49.6 43.0 62.3 Depreciation and amortization, net1,002.0 1,216.4 1,093.6 Share-based compensation expense168.3 204.8 163.2 Total consolidated Adjusted EBITDA$1,159.8 $1,150.4 $1,429.0 

II-7

Revenue of our Reportable Segments

General. While not specifically discussed in the below explanations of the changes in the revenue of our reportable segments, we are experiencing competition in all of our markets. This competition has an adverse impact on our ability to increase or maintain our total number of customers and/or our ARPU. 

Variances in the subscription revenue that we receive from our customers are a function of (i) changes in the number of our fixed-line customers or mobile subscribers outstanding during the period and (ii) changes in ARPU. Changes in ARPU can be attributable to (a) changes in prices, (b) changes in bundling or promotional discounts, (c) changes in the tier of services selected, (d) variances