Company: LBTYK
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001570585-25-000183
Chunk: 137

Company: Liberty Global Ltd.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 137
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 $0.9 million and $8.9 million during the three and six months ended June 30, 2025, respectively, related to the write-off of unamortized deferred financing costs and discounts. For additional information, see note 9 to our condensed consolidated financial statements.

Share of results of affiliates, net

The following table sets forth the details of our share of results of affiliates, net:

 Three months endedJune 30,Six months endedJune 30, 2025202420252024 in millionsVMO2 JV (a)$(161.1)$3.0 $(247.7)$3.7 VodafoneZiggo JV (b)(48.1)4.8 (70.7)11.4 nexfibre JV(29.6)(0.7)(42.2)11.7 AtlasEdge JV(18.5)(4.7)(34.5)(13.8)Formula E (c)— (18.8)— (23.3)All3Media (d)— (5.4)— (15.5)Other, net(7.3)(2.8)(17.5)(5.8)Total$(264.6)$(24.6)$(412.6)$(31.6)_______________

(a)Represents (i) our 50% share of the results of operations of the VMO2 JV and (ii) for the 2024 period, 100% of the share-based compensation expense associated with Liberty Global awards granted to VMO2 JV employees who were formerly employees of Liberty Global prior to the VMO2 JV formation, as these awards remain our responsibility. The summarized results of operations of the VMO2 JV are set forth below:

Three months endedJune 30,Six months endedJune 30,2025202420252024in millionsRevenue$3,373.5 $3,375.4 $6,499.8 $6,658.2 Adjusted EBITDA$1,172.3 $1,132.4 $2,245.7 $2,206.0 Operating income$164.6 $286.1 $304.7 $514.9 Non-operating expense (1)$(568.5)$(259.1)$(920.8)$(444.8)Net earnings (loss)$(308