Company: LBTYK
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001570585-25-000183
Chunk: 26

Company: Liberty Global Ltd.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 2
Chunk 26
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losures about Market Risk below.

68

Foreign currency transaction gains (losses), net

Our foreign currency transaction gains or losses primarily result from the remeasurement of monetary assets and liabilities that are denominated in currencies other than the underlying functional currency of the applicable entity. Unrealized foreign currency transaction gains or losses are computed based on period-end exchange rates and are non-cash in nature until such time as the amounts are settled. The details of our foreign currency transaction gains (losses), net, are as follows:

 Three months endedJune 30,Six months endedJune 30, 2025202420252024 in millionsIntercompany balances denominated in a currency other than the entity’s functional currency (a)$(2,367.0)$196.4 $(3,593.7)$832.2 U.S. dollar-denominated debt issued by euro functional currency entities279.1 (23.8)424.9 (105.8)Cash and restricted cash denominated in a currency other than the entity’s functional currency(2.6)0.8 (2.8)5.9 Other0.6 0.1 0.7 0.5 Total$(2,089.9)$173.5 $(3,170.9)$732.8 _______________ 

(a)Amounts primarily relate to loans between certain of our non-operating subsidiaries in Europe.

Realized and unrealized gains (losses) due to changes in fair values of certain investments, net 

Our realized and unrealized gains or losses due to changes in fair values of certain investments include unrealized gains or losses associated with changes in fair values that are non-cash in nature until such time as these gains or losses are realized through cash transactions. For additional information regarding our investments and fair value measurements, see notes 5 and 7, respectively, to our condensed consolidated financial statements. The details of our realized and unrealized gains (losses) due to changes in fair values of certain investments, net, are as follows:

 Three months endedJune 30,Six months endedJune 30, 2025202420252024 in millionsVodafone$57.9 $(1.7)$121.6 $46.5 ITV43.1 33.1 79.8 83.1 Televisa Univision(27.6)1.2 (41.6)10.7