Company: LBTYK
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001570585-25-000021
Chunk: 101

Company: Liberty Global Ltd.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 9C
Chunk 101
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 Tower Lease Agreement). In connection with the Telenet Tower Lease Agreement, we recorded non-cash additions to our operating lease ROU assets of $615.1 million and a corresponding increase to our operating lease liabilities of the same amount.In addition, as part of the Telenet Tower Lease Agreement, Telenet committed to lease back 475 build-to-suit sites over the term of the lease. As of December 31, 2024, the total U.S. dollar equivalent of the estimated future payments for the build-to-suit sites over the term of the lease was $84.9 million, the majority of which are due after 2028. Telenet will act as an agent over the construction of future towers on the build-to-suit sites.

II-69

LIBERTY GLOBAL LTD.Notes to Consolidated Financial Statements — (Continued)December 31, 2024, 2023 and 2022

(7)    Investments

The details of our investments are set forth below:December 31,20242023Ownership (a)Accounting Methodin millions%Equity (b):Long-term:VMO2 JV$6,501.4 $7,248.5 50.0VodafoneZiggo JV (c)1,738.4 2,055.4 50.0AE Group Sàrl (AtlasEdge JV) (d)339.5 250.8 48.6Nexfibre Networks Limited (nexfibre JV) (e)93.4 55.9 24.9Formula E (f)— 99.1 —All3Media Group (All3Media) (g)— 144.2 —Other107.6 91.5 Total — equity8,780.3 9,945.4 Fair value:Short-term:Separately-managed accounts (SMAs) (h)335.6 1,990.5 Long-term:Vodafone - subject to re-use rights (i)1,141.5 1,168.1 5.2EdgeConneX, Inc. (EdgeConneX)414.5 318.3 4.5ITV plc (ITV)351.4 321.9 10.1Televisa Univision, Inc. (Televisa Univision)314.8 388.3 6.4SMAs (h