Millicom International Cellular S.A. (TIGO)

TIGO Cash Flow Statement

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
Net Income	354	253	-82	177	590	-344
Depreciation & Amortization	1,197	1,234	1,338	1,343	1,113	1,119
Loss (Gain) From Sale of Assets	-82	-23	-5	-125	-682	20
Asset Writedown & Restructuring Costs	12	12	3	7	6	-
Loss (Gain) From Sale of Investments	-5	-5	-	6	-18	34
Loss (Gain) on Equity Investments	-54	-54	-39	-32	-171	-170
Stock-Based Compensation	43	50	52	29	17	24
Other Operating Activities	224	237	74	-108	98	81
Change in Accounts Receivable	-60	-6	-180	-118	-98	-35
Change in Inventory	2	-	11	5	9	-6
Change in Accounts Payable	83	-92	47	-37	6	40
Operating Cash Flow	1,711	1,603	1,223	1,284	956	821
Operating Cash Flow Growth	35.58%	31.07%	-4.75%	34.31%	16.44%	2.50%
Capital Expenditures	-541	-540	-814	-800	-740	-622
Sale of Property, Plant & Equipment	84	58	17	21	11	9
Cash Acquisitions	-	-	-	-283	-2,000	10
Divestitures	5	5	-	152	30	10
Sale (Purchase) of Intangibles	-194	-229	-369	-272	-135	-202
Investment in Securities	-	-	-	-	163	197
Other Investing Activities	107	104	54	81	-32	103
Investing Cash Flow	-541	-604	-1,116	-1,104	-2,703	-495
Long-Term Debt Issued	-	604	362	1,570	3,113	1,470
Long-Term Debt Repaid	-	-1,570	-809	-2,284	-1,472	-1,860
Net Debt Issued (Repaid)	-865	-966	-447	-714	1,641	-390
Issuance of Common Stock	-	-	-	717	-	-
Repurchase of Common Stock	-191	-99	-5	-	-50	-10
Common Dividends Paid	-170	-	-	-	-	-
Other Financing Activities	-2	-1	75	-4	186	-198
Financing Cash Flow	-1,228	-1,066	-377	-1	1,777	-598
Foreign Exchange Rate Adjustments	-30	-8	6	-11	-10	-17
Miscellaneous Cash Flow Adjustments	1	-	-	-24	-	-
Net Cash Flow	-87	-75	-264	144	20	-289
Free Cash Flow	1,170	1,063	409	484	216	199
Free Cash Flow Growth	114.68%	159.90%	-15.50%	124.07%	8.54%	206.15%
Free Cash Flow Margin	20.56%	18.32%	7.22%	8.61%	5.07%	5.23%
Free Cash Flow Per Share	6.80	6.16	2.39	3.46	2.14	1.97
Cash Interest Paid	587	619	620	539	495	562
Cash Income Tax Paid	267	239	233	316	127	142
Levered Free Cash Flow	1,461	1,236	414.38	135	256	268.13
Unlevered Free Cash Flow	1,810	1,593	785.63	483.75	532.25	568.75
Change in Net Working Capital	-402	-216	-28	370	-21	-121

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

SEC Filings: 10-K · 10-Q