Company: LILA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001712184-25-000031
Chunk: 181

Company: Liberty Latin America Ltd.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 9C
Chunk 181
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 56.8 62.1 December 31, 2023$1,218.1 $617.1 $655.9 $501.1 $491.2 $3,483.4 Our accumulated goodwill impairments were $3,300 million and $2,784 million at December 31, 2024 and 2023, respectively.Property and Equipment, NetThe details of our property and equipment and the related accumulated depreciation are set forth below:Estimated usefullife atDecember 31, 2024December 31,20242023 in millionsDistribution systems3 to 25 years$5,181.1 $4,797.4 Support equipment and buildings3 to 40 years1,292.6 1,474.7 CPE3 to 5 years948.6 938.3 7,422.3 7,210.4 Accumulated depreciation(3,767.4)(3,453.9)Total depreciable assets3,654.9 3,756.5 CIP and land407.5 449.2 Total property and equipment, net$4,062.4 $4,205.7 Depreciation expense related to our property and equipment was $833 million, $840 million and $726 million during 2024, 2023 and 2022, respectively.

II-67

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

We recorded non-cash increases to our property and equipment related to vendor financing arrangements of $155 million $144 million and $161 million during 2024, 2023 and 2022, respectively.Intangible Assets Not Subject to AmortizationThe details of our intangible assets not subject to amortization are set forth below:December 31,20242023 in millionsSpectrum licenses (a)$1,271.5 $1,051.0 Cable television franchise rights and other541.8 541.8 Total intangible assets not subject to amortization$1,813.3 $1,592.8 (a)The 2024 amount includes $215 million of spectrum licenses attributable to the LPR Acquisition. For additional information regarding the assets acquired as part of the LPR Acquisition, see note 5.