Liberty Global Ltd. Files Amended 10-K for Fiscal Year Ended December 31, 2023

TL;DR

<b>Liberty Global Ltd. has filed an amended 10-K for FY2023 to include required financial statements.</b>

AI Summary

Liberty Global Ltd. (LBTYK) filed a Amended Annual Report (10-K/A) with the SEC on March 26, 2024. Liberty Global Ltd. filed an amended 10-K report for the fiscal year ending December 31, 2023. The amendment was made to include financial statements required under Rule 3-09 of Regulation S-X. The filing covers the period from January 1, 2023, to December 31, 2023. Key dates related to share classes (CommonClassA, B, C) and reporting periods are noted. The company's business address is Clarendon House, 2 Church Street, Hamilton, D0, HM 11.

Why It Matters

For investors and stakeholders tracking Liberty Global Ltd., this filing contains several important signals. This amended filing ensures compliance with SEC regulations, specifically Rule 3-09 of Regulation S-X, which mandates the inclusion of certain financial statements for subsidiaries or equity investees. Investors and analysts can now access a more complete financial picture of Liberty Global Ltd. for the fiscal year 2023, allowing for more informed investment decisions.

Risk Assessment

Risk Level: low — Liberty Global Ltd. shows low risk based on this filing. The risk is low as this is an amendment to a previous filing to include required financial statements, indicating a procedural update rather than a new material event or negative development.

Analyst Insight

Review the newly included financial statements under Rule 3-09 of Regulation S-X to understand their impact on Liberty Global's consolidated financial position and performance.

Key Numbers

• 2023-12-31 — Fiscal Year End (Reporting period for the 10-K/A)
• 2024-03-26 — Filing Date (Date the amended 10-K was filed)
• 2023-01-01 — Period Start Date (Beginning of the reporting period)

Key Players & Entities

• Liberty Global Ltd. (company) — Filer of the 10-K/A
• Rule 3-09 of Regulation S-X (regulatory) — Reason for the amendment
• Clarendon House, 2 Church Street, Hamilton, D0, HM 11 (company) — Business address
• 1550 Wewatta St, Suite 1000, Denver, CO 80202 (company) — Mail address

FAQ

Risk Factors

• Compliance with SEC Regulations [medium — regulatory]: The company must comply with various SEC regulations, including the timely and accurate filing of reports and adherence to accounting standards like Regulation S-X.

Industry Context

Liberty Global Ltd. operates in the telecommunications and media sectors, providing broadband internet, fixed-line telephony, and video services.

Regulatory Implications

The filing is subject to the rules and regulations of the U.S. Securities and Exchange Commission (SEC), particularly regarding financial reporting and disclosure requirements.

What Investors Should Do

1. Analyze the specific financial statements added under Rule 3-09 of Regulation S-X.
2. Compare the updated financial information with previous filings to identify any significant changes or trends.
3. Assess the impact of these newly included financial statements on Liberty Global's overall financial health and strategic outlook.

Key Dates

• 2023-12-31: Fiscal Year End — The period covered by the 10-K/A filing.
• 2024-03-26: Filing Date — Date the amended 10-K was submitted to the SEC.

Glossary

10-K/A

An amended annual report filed with the SEC to correct or supplement information in a previously filed 10-K. (Indicates a modification to the company's primary annual financial disclosure.)

Regulation S-X

The SEC's rules and regulations governing the form and content of financial statements filed with the Commission. (Governs the specific financial statement requirements, such as Rule 3-09 which necessitated this amendment.)

Year-Over-Year Comparison

This is an amended filing (10-K/A) to a previous 10-K, specifically to include financial statements required by Rule 3-09 of Regulation S-X.

Filing Documents

• lbtya-20231231.htm (10-K/A) — 2669KB
• ex232q42023axconsentofkpmg.htm (EX-23.2) — 2KB
• ex233q42023axconsentofkpmg.htm (EX-23.3) — 2KB
• ex313q4202310-ka.htm (EX-31.3) — 5KB
• ex314q4202310-ka.htm (EX-31.4) — 5KB
• ex32q4202310-ka.htm (EX-32) — 8KB
• lbtya-20231231_g1.jpg (GRAPHIC) — 394KB
• 0001570585-24-000100.txt (&nbsp;) — 5426KB
• lbtya-20231231.xsd (EX-101.SCH) — 9KB
• lbtya-20231231_cal.xml (EX-101.CAL) — 38KB
• lbtya-20231231_def.xml (EX-101.DEF) — 104KB
• lbtya-20231231_lab.xml (EX-101.LAB) — 157KB
• lbtya-20231231_pre.xml (EX-101.PRE) — 117KB
• lbtya-20231231_htm.xml (XML) — 293KB

EXHIBITS, FINANCIAL STATEMENT SCHEDULES

Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES (a) (1) FINANCIAL STATEMENTS The financial statements required under this Item begin on page II-42 of this Annual Report on Form 10-K. (a) (2) FINANCIAL STATEMENT SCHEDULES The financial statement schedules required under this Item are as follows: Schedule I - Condensed Financial Information of Registrant (Parent Company Information): Liberty Global Ltd. Condensed Balance Sheet as of December 31, 2023 (Parent Company Only) IV-9 Liberty Global Ltd. Condensed Statement of Operations for the period from November 23, 2023 to December 31, 2023 (Parent Company Only) IV-10 Liberty Global Ltd. Condensed Statement of Cash Flows for the period from November 23, 2023 to December 31, 2023 (Parent Company Only) IV-11 Liberty Global plc Condensed Balance Sheet as of December 31, 2022 (Parent Company Only) IV- 12 Liberty Global plc Condensed Statements of Operations for the period from January 1, 2023 to November 22, 2023 and the years ended December 31, 2022 and 2021 (Parent Company Only) IV- 13 Liberty Global plc Condensed Statements of Cash Flows for the period from January 1, 2023 to November 22, 2023 and the years ended December 31, 2022 and 2021 (Parent Company Only) IV- 14 Schedule II - Valuation and Qualifying Accounts IV- 15 Separate Financial Statements of Subsidiaries Not Consolidated and 50 Percent or Less Owned Persons: VMED O2 UK Limited: Independent Auditors' Report IV- 16 Consolidated Balance Sheets as of December 31, 2023 and 2022 IV- 18 Consolidated Statements of Operations for the year ended 31 December 2023, 31 December 2022 and period from 1 June 2021 to 31 December 2021 IV- 19 Consolidated Statements of Comprehensive Loss for the year ended 31 December 2023, 31 December 2022 and period from 1 June 2021 to 31 December 2021 IV- 20 Consolidated Statements of Owners' Equity for the year ended 31 December 2023, 31 December 2022 and period from 1 June 2021 to 31 December 2021 IV-

Notes to Consolidated Financial Statements IV- 24

Notes to Consolidated Financial Statements IV- 24 VodafoneZiggo Group Holding B.V.: Independent Auditors' Report IV- 70 Consolidated Balance Sheets as of December 31, 2023 (unaudited) and 2022 IV- 72 Consolidated Statements of Operations for the years ended December 31, 2023 (unaudited), 2022 and 2021 (unaudited) IV- 74 Consolidated Statements of Owners' Equity for the years ended December 31, 2023 (unaudited), 2022 and 2021 (unaudited) IV- 75 Consolidated Statements of Cash Flows for the years ended December 31, 2023 (unaudited), 2022 and 2021 (unaudited) IV- 76

Notes to Consolidated Financial Statements IV- 78

Notes to Consolidated Financial Statements IV- 78 (a) (3) EXHIBITS Listed below are the exhibits filed as part of this Annual Report on Form 10-K (according to the number assigned to them in Item 601 of Regulation S-K). Each reference to the Registrant includes the Registrant's predecessors, as applicable. 2 -- Plan of Acquisition, Reorganization, Arrangement, Liquidation or Succession: IV-1 2.1 Amended Sale and Purchase Agreement, dated as of May 9, 2018, as amended, by and among Liberty Global plc and Vodafone Group plc and certain of their respective subsidiaries (incorporated by reference to Exhibit 2.1 to the Registrant's Current Report on Form 8-K filed August 5, 2019 (File No. 001-35961)).*** 2.2 Contribution Agreement, dated May 7, 2020, by and among Liberty Global plc, Liberty Global Europe 2 Limited, Liberty Global Holdco Limited, Telefnica, S.A., and Telefonica O2 Holdings Limited (incorporated by reference to Exhibit 2.1 to the Registrant's Current Report on Form 8-K filed May 13, 2020 (File No. 001-35961)).*** 2.3 Transaction Agreement, dated as of August 12, 2020 between Liberty Global plc and Sunrise Communications Group AG (incorporated by reference to Exhibit 2.1 to the Registrant's Quarterly Report on Form 10-Q filed November 4, 2020 (File No. 001-35961)). 2.4 Sale and Purchase Agreement, dated as of September 22, 2021, by and among Liberty Global plc , UPC Poland Holding B.V., P4 sp.z o.o. and Iliad S.A. (incorporated by reference to Exhibit 2.1 to the Registrant's Current Report on Form 8-K filed September 23, 2021 (File No. 001-35961)).*** 3 -- Articles of Incorporation and Bylaws: 3.1 Bye-Laws of Liberty Global Ltd., adopted on November 23, 2023 (incorporated by reference to Exhibit 3.1 to the Registrant's Current Report on Form 8-K filed November 24, 2023 (File No. 001-35961)). 4 -- Instruments Defining the Rights of Securities Holders, including Indentures: 4.1 Description of the Registrant's Securities Registered Pursua

View Full Filing

View this 10-K/A filing on SEC EDGAR