Company: LILA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001712184-25-000031
Chunk: 174

Company: Liberty Latin America Ltd.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 9C
Chunk 174
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a Information The pro forma financial information set forth in the tables below is based on available information and assumptions that we believe are reasonable. The pro forma financial information is for illustrative and informational purposes only and is not intended to represent or be indicative of what our results of operations would have been had these acquisitions occurred on the date indicated nor should it be considered representative of our future financial condition or results of operations. The pro forma information set forth in the table below includes, as applicable, tax-effected pro forma adjustments primarily related to:i.the impact of estimated costs associated with the transition services agreement entered into in connection with the LPR Acquisition;ii.the alignment of accounting policies; iii.interest expense related to additional borrowings in conjunction with the LPR Acquisition and the Claro Panama Acquisition; iv.interest expense related to the amortization of the discounts recognized  in connection with recording our deferred payment obligation and international roaming credits associated with the LPR Acquisition at their net present values;v.depreciation expense related to acquired tangible assets, with regards to the Claro Panama Acquisition;vi.amortization expense related to acquired intangible assets; andvii.the elimination of direct acquisition costs.The following unaudited pro forma consolidated operating results give effect to (i) the LPR Acquisition, as if it had closed January 1, 2023, and (ii) the Claro Panama Acquisition, as if it had been completed as of January 1, 2021: Year ended December 31,202420232022in millionsRevenue$4,483.4 $4,555.1 $4,873.1 Net loss attributable to Liberty Latin America shareholders$(655.9)$(86.7)$(188.8)

(6)    Disposition

2022 Disposition of the Chile JV EntitiesOn September 29, 2021, we entered into an agreement with América Móvil to contribute the Chile JV Entities to América Móvil’s Chilean operations to form the Chile JV. During October 2022, we completed the formation of the Chile JV, which was initially owned 50:50 by Liberty Latin America and América Móvil and began accounting for our 50% interest in the Chile JV as an equity method investment. Our consolidated statement of operations includes a loss before income taxes attributable to the Chile JV Entities of $26 million for the year ended December 31, 2022. In connection with the formation of the Chile JV, we recognized a pre-tax gain of $