Company: LILA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001712184-25-000031
Chunk: 7

Company: Liberty Latin America Ltd.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 7
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 Rico, and (ii) Liberty Costa Rica are reflected in net earnings or loss attributable to noncontrolling interests in our consolidated statements of operations. 

We are subject to inflationary pressures with respect to certain costs and foreign currency exchange risk with respect to costs and expenses that are denominated in currencies other than the respective functional currencies of our reportable segments. Any cost increases that we are not able to pass on to our subscribers would result in increased pressure on our operating margins.

Year Ended December 31, 2024 as Compared with Year Ended December 31, 2023

Operating Income or Loss

The following table sets forth the organic and non-organic changes in the components of operating income or loss during 2024, as compared to 2023.

Year ended December 31,Increase (decrease) from: Increase (decrease)An acquisition 20242023FXOrganic in millionsRevenue $4,456.9 $4,511.1 $(54.2)$29.1 $12.5 $(95.8)Operating costs and expenses:Programming and other direct costs of services989.4 1,020.4 (31.0)6.8 8.8 (46.6)Other operating costs and expenses1,957.8 1,877.8 80.0 13.4 2.7 63.9 Depreciation and amortization968.3 1,008.3 (40.0)4.2 — (44.2)Impairment, restructuring and other operating items, net589.7 86.9 502.8 0.1 — 502.7 4,505.2 3,993.4 511.8 24.5 11.5 475.8 Operating income (loss)$(48.3)$517.7 $(566.0)$4.6 $1.0 $(571.6)

As reflected in the table above, we reported an operating loss during 2024, as compared to operating income during 2023. For further discussion and analysis of organic changes in revenue and costs, see Revenue, Programming and Other Direct Costs of Services, and Other Operating Costs sections below. For further discussion and analysis of changes in Depreciation and amortization, and Impairment, Restructuring and other operating items, net, see Results of Operations (below