Company: LBTYK
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001570585-25-000114
Chunk: 65

Company: Liberty Global Ltd.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 65
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 of net assets at March 31, 2025 (b)$1,276.6 $173.8 $1,450.4 _______________(a)Amounts primarily relate to assets and liabilities that we continue to carry on our condensed consolidated balance sheet as of March 31, 2025.

25

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

(b)As of March 31, 2025, $361.3 million of our Level 3 investments were accounted for under the measurement alternative at cost less impairment, adjusted for observable price changes. 

(8)    Long-lived Assets

Property and Equipment, NetThe details of our property and equipment and the related accumulated depreciation are set forth below:March 31,2025December 31,2024 in millionsDistribution systems$6,149.7 $5,702.7 Support equipment, buildings and land2,686.5 2,518.0 CPE912.2 843.1 Total property and equipment, gross9,748.4 9,063.8 Accumulated depreciation(5,158.7)(4,737.8)Total property and equipment, net$4,589.7 $4,326.0 During the three months ended March 31, 2025 and 2024, we recorded non-cash increases to our property and equipment related to vendor financing arrangements of $20.6 million and $30.6 million, respectively, which exclude related value-added taxes (VAT) of $3.2 million and $4.4 million, respectively, that were also financed under these arrangements.GoodwillChanges in the carrying amount of our goodwill during the three months ended March 31, 2025 are set forth below:January 1, 2025Acquisitionsand relatedadjustmentsForeigncurrencytranslationadjustments and otherMarch 31,2025 in millionsTelenet$2,656.4 $2.3 $118.8 $2,777.5 VM Ireland250.8 — 11.2 262.0 Other245.4 15.4 10.6 271.4 Total$3,152.6 $17.7 $140.6 $3,310.9 If, among