Company: LBTYK
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001570585-25-000114
Chunk: 66

Company: Liberty Global Ltd.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 66
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 other factors the adverse impacts of economic, competitive, regulatory or other factors were to cause our results of operations or cash flows to be worse than anticipated, we could conclude in future periods that impairment charges are required in order to reduce the carrying values of our goodwill and, to a lesser extent, other long-lived assets. Any such impairment charges could be significant.

26

LIBERTY GLOBAL LTD.Notes to Condensed Consolidated Financial Statements — (Continued)March 31, 2025(unaudited)

Intangible Assets Subject to Amortization, NetThe details of our intangible assets subject to amortization are set forth below:March 31, 2025December 31, 2024Gross carrying amountAccumulated amortizationNet carrying amountGross carrying amountAccumulated amortizationNet carrying amount in millionsLicenses (a)$1,456.3 $(358.2)$1,098.1 $1,393.9 $(332.7)$1,061.2 Customer relationships266.8 (171.8)95.0 255.4 (161.0)94.4 Other277.4 (140.4)137.0 265.5 (130.7)134.8 Total$2,000.5 $(670.4)$1,330.1 $1,914.8 $(624.4)$1,290.4 _______________(a)Primarily includes amounts related to (i) certain mobile spectrum licenses and (ii) a licensing agreement with the Federation Internationale l’Automobile that provides Formula E with the exclusive rights to operate an electric motor racing championship.

27

LIBERTY GLOBAL LTD.Notes to Condensed Consolidated Financial Statements — (Continued)March 31, 2025(unaudited)

(9)    Debt

The U.S. dollar equivalents of the components of our debt are as follows: March 31, 2025Principal amountWeightedaverageinterestrate (a)Unused borrowingcapacity (b)Borrowing currencyU.S. $equivalentMarch 31,2025December 31,2024  in millionsTelenet Credit Facility (c)5.71 %€615.0 $664.9 $4,457.3 $4,364.8 Telenet Senior Secured Notes4.76 %— —