Millicom International Cellular S.A. (TIGO)

TIGO Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	534	699	775	1,039	895	875
Short-Term Investments	-	-	-	-	-	160
Cash & Short-Term Investments	534	699	775	1,039	895	1,035
Cash Growth	-14.15%	-9.81%	-25.41%	16.09%	-13.53%	-32.57%
Accounts Receivable	437	467	525	456	474	382
Other Receivables	219	211	216	126	146	302
Receivables	656	678	741	582	620	684
Inventory	56	44	45	53	63	37
Prepaid Expenses	139	94	82	117	166	149
Restricted Cash	48	57	56	57	203	199
Other Current Assets	785	809	217	217	304	203
Total Current Assets	2,218	2,381	1,916	2,065	2,251	2,307
Property, Plant & Equipment	3,818	3,639	4,003	3,873	4,406	3,650
Long-Term Investments	565	561	576	609	639	2,666
Goodwill	-	4,094	4,107	4,059	4,098	1,659
Other Intangible Assets	6,843	2,814	3,678	3,302	3,460	1,744
Long-Term Deferred Tax Assets	120	153	141	204	180	197
Long-Term Deferred Charges	12	12	12	10	8	5
Other Long-Term Assets	86	83	83	76	99	194
Total Assets	13,662	13,737	14,516	14,198	15,141	12,422
Accounts Payable	441	405	452	458	421	645
Accrued Expenses	413	472	516	473	627	517
Short-Term Debt	-	144	189	119	1,828	59
Current Portion of Long-Term Debt	254	138	32	61	12	55
Current Portion of Leases	155	156	189	163	171	123
Current Income Taxes Payable	133	122	93	86	128	71
Current Unearned Revenue	104	216	252	181	207	168
Other Current Liabilities	1,416	1,461	606	578	1,093	970
Total Current Liabilities	2,916	3,114	2,329	2,119	4,487	2,608
Long-Term Debt	5,548	5,592	6,522	6,677	5,905	5,621
Long-Term Leases	1,192	798	854	853	996	897
Long-Term Unearned Revenue	-	23	31	32	46	57
Long-Term Deferred Tax Liabilities	136	149	140	148	214	209
Other Long-Term Liabilities	517	487	1,195	735	753	756
Total Liabilities	10,309	10,163	11,071	10,564	12,401	10,148
Common Stock	258	258	258	258	153	153
Additional Paid-In Capital	1,058	1,064	1,076	1,085	475	477
Retained Earnings	2,954	2,908	2,721	2,884	2,625	2,037
Treasury Stock	-142	-43	-8	-47	-60	-30
Comprehensive Income & Other	-742	-559	-518	-575	-610	-578
Total Common Equity	3,386	3,628	3,529	3,605	2,583	2,059
Minority Interest	-33	-54	-84	29	157	215
Shareholders' Equity	3,353	3,574	3,445	3,634	2,740	2,274
Total Liabilities & Equity	13,662	13,737	14,516	14,198	15,141	12,422
Total Debt	7,149	6,828	7,786	7,873	8,912	6,755
Net Cash (Debt)	-6,615	-6,129	-7,011	-6,834	-8,017	-5,720
Net Cash Per Share	-38.46	-35.52	-40.91	-48.92	-79.27	-56.54
Filing Date Shares Outstanding	166.88	170.24	171.73	170.88	100.2	101.21
Total Common Shares Outstanding	166.88	170.24	171.73	170.88	100.2	101.21
Working Capital	-698	-733	-413	-54	-2,236	-301
Book Value Per Share	20.29	21.31	20.55	21.10	25.78	20.34
Tangible Book Value	-3,457	-3,280	-4,256	-3,756	-4,975	-1,344
Tangible Book Value Per Share	-20.72	-19.27	-24.78	-21.98	-49.65	-13.28
Land	-	328	-	348	358	329
Buildings	-	-	310	-	-	-
Machinery	-	8,767	8,924	8,072	8,512	6,422
Construction In Progress	-	370	394	418	428	308

Updated Apr 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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