Liberty Global Results Presentation Deck slide image

Liberty Global Results Presentation Deck

VMO2 JV RECONCILIATIONS - REVENUE The following tables provide reconciliations from VMO2 JV US GAAP revenue to Rebased IFRS revenue for the indicated periods: Actual Three months ended September 30, 2021 US GAAP Rebased Revenue in millions Revenue: Mobile. Consumer fixed...... Revenue: B2B fixed. Other Total revenue...... S Mobile.... Consumer fixed...... B2B fixed. Other Total revenue...... Revenue: Mobile.. Consumer fixed.. B2B fixed. Other US GAAP Revenue Total revenue...... $ US GAAP Revenue S $ 1,990.1 1,215.4 228.1 159.6 3,593.1 $ US GAAP Revenue S $ 2,175.3 S 1,153.9 210.5 160.7 3,700.4 S $ 1,897.4 $ 1,144.1 198.7 157.8 3,398.0 S Pro Forma Three months ended June 30, 2021 Rebase Adjustments (a) 1.7 5.3 2.1 9.1 Rebase Adjustments (a) 3.8 2.0 8.7 US GAAP Rebased Revenue in millions Rebase Adjustments (a) $ Actual Three months ended December 31, 2021 US GAAP Rebased Revenue in millions (43.5) 2.7 4.7 S S $ 1,990.1 1,217.1 233.4 161.7 3,602.2 $ $ $ US GAAP Rebased Revenue in millions 124.2 88.1 S Actual Three months ended March 31, 2022 2,175.3 1,157.7 213.4 162.7 3,709.1 $ US GAAP/IFRS Adjustments (b) S 1,853.9 1,146.8 203.4 282.0 3,486.1 S $ US GAAP/IFRS Adjustments (b) (37.5) (37.5) (41.0) Ś (41.0) $ US GAAP/IFRS Adjustments S $ $ S IFRS Rebased Revenue 1,952.6 1,217.1 233.4 161.7 3,564.7 IFRS Rebased Revenue 2,134.3 1,157.7 213.4 162.7 3,668.1 IFRS Rebased Revenue 1,853.9 1,146.8 203.4 282.0 3,486.1 US GAAP Revenue $ S US GAAP Revenue S $ 2,059.0 1,192.4 207.7 154.9 3,614.0 $ US GAAP Revenue S 8,149.2 4,744.7 878.2 625.8 14,397.8 $ S S $ $ 1,794.7 1,084.6 172.6 150.7 3,202.6 S Rebase Adjustments (a) 4.7 6.6 2.1 13.4 Rebase Adjustments (a) 10.1 23.0 8.3 41.4 $ S Rebase Adjustments (a) Pro Forma Year ended December 31, 2021 US GAAP Rebased Revenue in millions S $ 2,059.0 1,197.1 214.3 157.0 3,627.4 $ 8,149.2 4,754.8 901.2 634.1 14,439.2 US GAAP Rebased Revenue in millions 1.6 4.3 167.5 173.4 S US GAAP/IFRS Adjustments (b) $ S Actual Three months ended June 30, 2022 S $ 1,794.7 1,086.2 176.9 318.2 3,376.0 S $ (39.5) $ (39.5) US GAAP/IFRS Adjustments (b) (154.0) (154.0) US GAAP/IFRS Adjustments S S $ $ S IFRS Rebased Revenue 2,019.5 1,197.1 214.3 157.0 3,587.9 IFRS Rebased Revenue 7,995.2 4,754.8 901.2 634.1 14,285.2 IFRS Rebased Revenue 1,794.7 1,086.2 176.9 318.2 3,376.0 (a) Revenue rebase adjustments relate to (i) for Q1 and Q2 2022, the VM02 JV's construction agreement with the nexfibre JV of approximately $122 million and $166 million, respectively, (ii) for Q1 2022, the exclusion of certain handset securitization transactions of approximately $44 million related to restructuring of the legacy 02 securitization structure and (iii) certain transaction adjustments made to reflect the VM02 JV's new basis of accounting, which reverse the effect of the write-off of deferred revenue. (b) US GAAP/IFRS adjustments for 2021 relate to certain handset securitization transactions. 32
View entire presentation