Company: LBTYK
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001570585-25-000114
Chunk: 88

Company: Liberty Global Ltd.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 88
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 We account for our 50% interest in both the VMO2 JV and the VodafoneZiggo JV as an equity method investment, and as such, our share of the operating results of the VMO2 JV and the VodafoneZiggo JV is included in share of results of affiliates, net in our condensed consolidated statements of operations. The noncontrolling owners’ interests at Telenet, Formula E and other less significant majority-owned subsidiaries are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Revenue Third-party and affiliateIntersegmentTotal in millionsThree months ended March 31, 2025:Telenet$759.7 $— $759.7 VM Ireland115.8 — 115.8 VMO2 JV (nonconsolidated JV)3,126.3 — 3,126.3 VodafoneZiggo JV (nonconsolidated JV)1,052.0 — 1,052.0 Total reportable segment revenue$5,053.8 $— 5,053.8 Plus: all other category (a)331.1 Less: nonconsolidated JV revenue(4,178.3)Less: elimination of intercompany consolidated revenue (b)(35.4)Total consolidated revenue$1,171.2 Three months ended March 31, 2024:Telenet$762.6 $— $762.6 VM Ireland122.1 0.9 123.0 VMO2 JV (nonconsolidated JV)3,282.8 — 3,282.8 VodafoneZiggo JV (nonconsolidated JV)1,114.0 — 1,114.0 Total reportable segment revenue$5,281.5 $0.9 5,282.4 Plus: all other category (a)269.8 Less: nonconsolidated JV revenue(4,396.8)Less: elimination of intercompany consolidated revenue (b)(64.1)Total consolidated revenue$1,091.3 ______________(a)Amounts include revenue from (i) third parties and affiliates of $161.1 million and $32.2 million, respectively, (ii) services agreements with our nonconsolidated JV reportable segments, as further described in note 5, of