MILLICOM INTERNATIONAL CELLULAR SATIGO

Market cap

P/E ratio

	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Intangible assets, net	2,374	3,219	3,403	7,721	7,361	7,785	6,908
Property, plant and equipment	3,041	2,883	2,755	3,198	2,989	3,107	2,847
Right-of-use assets	-	977	895	1,008	884	896	792
Investment in Honduras joint venture	2,867	2,797	2,642	596	590	576	561
Contract costs, net	4	5	5	8	10	12	12
Deferred tax assets	202	200	197	180	204	141	153
Other non-current assets	126	104	77	74	76	84	84
TOTAL NON-CURRENT ASSETS	8,784	10,210	10,114	12,852	12,133	12,601	11,357
Inventories	39	32	37	63	53	45	44
Trade receivables, net	343	371	351	405	379	443	390
Contract assets, net	37	41	31	69	77	82	77
Current receivables due from related parties	34	29	206	42	15	12	15
Derivative financial instruments	-	-	-	-	-	6	-
Prepayments	-	-	-	-	-	-	94
Accrued income	-	-	-	-	-	-	87
Current income tax assets	108	119	96	104	111	118	109
Current advances to suppliers	25	22	21	35	21	21	16
Other current assets	127	181	181	302	197	190	166
Restricted cash	158	155	199	203	57	56	57
Cash and cash equivalents	528	1,164	875	895	1,039	775	699
TOTAL CURRENT ASSETS	1,529	2,641	2,307	2,286	2,065	1,915	1,753
Assets held for sale	3	5	1	-	-	-	627
TOTAL ASSETS	10,316	12,856	12,422	15,139	14,198	14,516	13,737
Share capital and premium	635	633	630	628	1,343	1,334	1,322
Treasury shares	81	51	30	60	47	8	43
Other reserves	-538	-544	-562	-594	-559	-500	-531
Retained profits	-	-	-	-	2,691	2,785	2,628
Retained earnings, profit (loss) for reporting period	-	-	-	-	177	-82	253
Equity attributable to owners of the Company	2,542	2,410	2,059	2,583	3,605	3,529	3,628
Non-controlling interests	249	271	215	157	29	-84	-54
TOTAL EQUITY	2,790	2,680	2,274	2,740	3,634	3,445	3,574
Debt and financing	4,123	5,786	5,578	5,904	6,624	6,476	5,533
Lease liabilities	-	967	897	996	853	854	798
Derivative financial instruments	-	17	14	1	53	46	59
Non-current payables to related parties	135	337	29	-	-	12	34
Payables and accruals for capital expenditure	-	-	485	435	473	885	194
Non-current provisions	351	383	328	364	295	330	283
Deferred tax liabilities	233	279	209	214	148	140	149
TOTAL NON-CURRENT LIABILITIES	4,841	7,770	7,540	7,914	8,445	8,742	7,050
Debt and financing	458	186	113	1,840	180	221	282
Lease liabilities	-	97	123	171	163	189	156
Put option liability	239	264	262	290	-	86	-
Payables and accruals for capital expenditure	335	348	345	452	428	314	305
Other trade payables	282	289	334	347	400	390	300
Current payables to related parties	348	161	311	74	58	62	105
Current interest payable	383	432	445	539	412	444	421
Current income tax liabilities	58	75	71	128	86	93	122
Contract liabilities	87	82	90	97	88	156	121
Dividend payable	-	-	-	-	-	-	172
Current provisions	494	474	511	546	305	374	421
TOTAL CURRENT LIABILITIES	2,684	2,406	2,608	4,485	2,119	2,329	2,404
Liabilities directly associated with assets held for sale	-	-	-	-	-	-	709
TOTAL LIABILITIES	7,526	10,176	10,148	12,399	10,565	11,071	10,163
TOTAL EQUITY AND LIABILITIES	10,316	12,856	12,422	15,139	14,198	14,516	13,737