Company: LBTYK
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001570585-25-000021
Chunk: 143

Company: Liberty Global Ltd.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 9C
Chunk 143
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in millionsDeferred tax assets:Net operating loss and other carryforwards$1,398.2 $1,321.0 Investments336.0 366.4 Debt and interest251.5 174.8 Lease liabilities175.6 186.5 Property and equipment, net125.2 169.9 Share-based compensation74.9 81.4 Other future deductible amounts68.5 55.9 Deferred tax assets2,429.9 2,355.9 Valuation allowance(1,934.1)(1,941.8)Deferred tax assets, net of valuation allowance495.8 414.1 Deferred tax liabilities:Property and equipment, net(213.6)(224.1)Intangible assets(211.2)(40.6)ROU assets(163.2)(177.2)Derivative instruments(161.2)(137.8)Other future taxable amounts(58.5)(50.2)Deferred tax liabilities(807.7)(629.9)Net deferred tax liabilities$(311.9)$(215.8)Our deferred income tax valuation allowance decreased $7.7 million in 2024. This decrease reflects the net effect of (i) foreign currency translation adjustments, (ii) a decrease in deferred tax assets, (iii) business acquisitions, (iv) net tax expense of $4.2 million and (v) other individually insignificant items.The significant components of our tax loss carryforwards and related tax assets at December 31, 2024 are as follows: Tax losscarryforwardRelatedtax assetExpirationdateCountryin millions Netherlands$2,399.7 $619.1 IndefiniteBelgium1,111.8 278.0 IndefiniteU.K.1,163.1 290.8 IndefiniteLuxembourg582.6 158.4 VariousIreland383.4 47.9 IndefiniteOther14.6 3.9 VariousTotal$5,655.2 $1,398.1 Our tax loss carryforwards within each jurisdiction combine all companies’ tax losses (both capital and ordinary losses) in that jurisdiction, however, certain tax jurisdictions limit the ability to offset taxable income of a separate company or different tax group with the tax losses associated with another separate company or group. Further, tax jurisdictions restrict the type of 

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