Company: LILA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001712184-25-000031
Chunk: 207

Company: Liberty Latin America Ltd.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 9C
Chunk 207
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:Investments(122.6)(244.5)Intangible assets, net(630.3)(641.7)Property and equipment, net(208.1)(221.1)Un-remitted foreign earnings— (0.6)Deferred tax liabilities(961.0)(1,107.9)Net deferred tax liability$(447.3)$(573.6)

II-87

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

The changes in our valuation allowances are summarized below: Year ended December 31,202420232022 in millionsBalance at January 1$1,942.5 $1,780.4 $1,940.3 Net tax expense (benefit) related to operations 160.8 161.5 (188.8)Translation adjustments (0.6)(1.1)(6.2)Business acquisitions and other2.1 1.7 35.1 Balance at December 31$2,104.8 $1,942.5 $1,780.4 Deferred tax assets related to net operating losses may be used to offset future taxable income. The significant components of our tax loss carryforwards at December 31, 2024 are as follows:CountryTax losscarryforwardRelatedtax assetExpirationdate in millions U.K.:Amount attributable to capital losses$4,614.2 $1,153.6 IndefiniteAmount attributable to net operating losses1,341.9 335.5 IndefiniteBarbados517.3 46.6 2025 - 2030Puerto Rico498.7 146.4 2025 - IndefiniteBermuda410.4 61.6 IndefiniteJamaica387.9 129.2 IndefiniteCuracao126.5 27.8 2025 - 2034U.S.60.8 14.2 2025 - IndefiniteU.S. Virgin Islands48.6 11.2 2033-IndefiniteSaint Martin22.6 4.5 IndefinitePanama16.9 4.2 2025 - 2029Other27.5 8.4 VariousTotal$8,073.3 $1,943