Millicom International Cellular S.A. (TIGO)

TIGO Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	803	775	1,039	895	875	1,164
Short-Term Investments	-	-	-	-	160	371
Cash & Short-Term Investments	803	775	1,039	895	1,035	1,535
Cash Growth	5.80%	-25.41%	16.09%	-13.53%	-32.57%	190.72%
Accounts Receivable	485	525	456	474	382	412
Other Receivables	104	130	126	146	302	148
Receivables	589	655	582	620	684	560
Inventory	60	45	53	63	37	32
Prepaid Expenses	216	168	117	166	149	156
Restricted Cash	51	56	57	203	199	155
Other Current Assets	1,076	216	217	304	203	219
Total Current Assets	2,795	1,915	2,065	2,251	2,307	2,657
Property, Plant & Equipment	3,606	4,003	3,873	4,406	3,650	3,911
Long-Term Investments	610	576	609	639	2,666	2,822
Goodwill	-	4,107	4,059	4,098	1,659	1,684
Other Intangible Assets	6,820	3,678	3,302	3,460	1,744	1,511
Long-Term Deferred Tax Assets	140	141	204	180	197	200
Long-Term Deferred Charges	12	12	10	8	5	5
Other Long-Term Assets	84	84	76	99	194	105
Total Assets	14,067	14,516	14,198	15,141	12,422	12,895
Accounts Payable	379	452	458	421	645	426
Accrued Expenses	491	516	473	627	517	506
Short-Term Debt	-	189	119	1,828	59	57
Current Portion of Long-Term Debt	243	32	61	12	55	153
Current Portion of Leases	189	189	163	171	123	107
Current Income Taxes Payable	93	93	86	128	71	75
Current Unearned Revenue	127	252	181	207	168	159
Other Current Liabilities	1,362	606	578	1,093	970	934
Total Current Liabilities	2,884	2,329	2,119	4,487	2,608	2,417
Long-Term Debt	6,039	6,534	6,677	5,905	5,621	6,140
Long-Term Leases	891	854	853	996	897	988
Long-Term Unearned Revenue	-	31	32	46	57	68
Long-Term Deferred Tax Liabilities	142	140	148	214	209	285
Other Long-Term Liabilities	384	1,183	735	753	756	316
Total Liabilities	10,340	11,071	10,564	12,401	10,148	10,214
Common Stock	258	258	258	153	153	153
Additional Paid-In Capital	1,064	1,076	1,085	475	477	480
Retained Earnings	3,021	2,721	2,884	2,625	2,037	2,387
Treasury Stock	-12	-8	-47	-60	-30	-51
Comprehensive Income & Other	-525	-518	-575	-610	-578	-559
Total Common Equity	3,806	3,529	3,605	2,583	2,059	2,410
Minority Interest	-79	-84	29	157	215	271
Shareholders' Equity	3,727	3,445	3,634	2,740	2,274	2,681
Total Liabilities & Equity	14,067	14,516	14,198	15,141	12,422	12,895
Total Debt	7,362	7,798	7,873	8,912	6,755	7,445
Net Cash (Debt)	-6,559	-7,023	-6,834	-8,017	-5,720	-5,910
Net Cash Per Share	-38.26	-40.98	-48.92	-79.27	-56.54	-58.43
Filing Date Shares Outstanding	171.5	171.73	170.88	100.2	101.21	101.16
Total Common Shares Outstanding	171.5	171.73	170.88	100.2	101.21	101.16
Working Capital	-89	-414	-54	-2,236	-301	240
Book Value Per Share	22.19	20.55	21.10	25.78	20.34	23.82
Tangible Book Value	-3,014	-4,256	-3,756	-4,975	-1,344	-785
Tangible Book Value Per Share	-17.57	-24.78	-21.98	-49.65	-13.28	-7.76
Land	-	310	348	358	329	364
Machinery	-	8,924	8,072	8,512	6,422	6,655
Construction In Progress	-	394	418	428	308	355

Source: S&P Capital IQ. Standard template. Financial Sources.