Millicom International Cellular S.A. financials
Also U.S.-listed. Millicom International Cellular S.A. is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: TIGO — MILLICOM INTERNATIONAL CELLULAR SA
Millicom International Cellular S.A.
Country: LU Reporting currency: USD Latest annual report: 2024-12-31
LEI:
549300CTHC1CP86P2G96 Financial statements
(USD, as reported — unscaled; 122 line items across 3 annual periods)
| Line item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Cost of sales | $1.42B | $1.51B | $1.51B |
| Depreciation & amortisation | $319.0M | $360.0M | $345.0M |
| Operating profit (EBIT) | $1.34B | $826.0M | $915.0M |
| Finance costs | $716.0M | $712.0M | $617.0M |
| Profit before tax | $552.0M | $175.0M | $238.0M |
| Income tax expense | $281.0M | $424.0M | $222.0M |
| Profit for the year | $268.0M | -$245.0M | $129.0M |
| — attributable to owners | $253.0M | -$82.0M | $177.0M |
| — attributable to NCI | $15.0M | -$163.0M | -$48.0M |
| Total comprehensive income | $280.0M | -$223.0M | $155.0M |
| Per share | |||
| Basic EPS | $1.47 | $-0.48 | $1.27 |
| Diluted EPS | $1.46 | $-0.48 | $1.27 |
| Free cash flow / share | $5.79 | $0.80 | $4.76 |
| Cash flow statement | |||
| Net cash from operating activities | $1.60B | $1.22B | $1.28B |
| Net cash from investing activities | -$604.0M | -$1.12B | -$1.10B |
| Purchase of PP&E (capex) | $540.0M | $814.0M | $800.0M |
| Purchase of intangibles | $94.0M | $133.0M | $179.0M |
| Net cash from financing activities | -$1.07B | -$377.0M | -$1.0M |
| Dividends paid | $173.0M | — | — |
| Proceeds from borrowings | $604.0M | $362.0M | $1.57B |
| Repayments of borrowings | $1.37B | $632.0M | $2.13B |
| Lease liability payments | $204.0M | $177.0M | $157.0M |
| Balance sheet | |||
| Total assets | $13.74B | $14.52B | — |
| Non-current assets | $11.36B | $12.60B | — |
| Property, plant & equipment | $2.85B | $3.11B | — |
| Right-of-use assets | $792.0M | $896.0M | — |
| Intangible assets & goodwill | $6.91B | $7.79B | — |
| Inventories | $44.0M | $45.0M | — |
| Trade & other receivables | $390.0M | $443.0M | — |
| Cash & equivalents | $699.0M | $775.0M | $1.04B |
| Total equity | $3.57B | $3.44B | $3.63B |
| — attributable to owners | $3.63B | $3.53B | — |
| Non-controlling interests | -$54.0M | -$84.0M | — |
| Non-current liabilities | $7.05B | $8.74B | — |
| Long-term borrowings | $5.53B | $6.48B | — |
| Lease liabilities (non-current) | $798.0M | $854.0M | — |
| Lease liabilities (current) | $156.0M | $189.0M | — |
| Deferred tax liabilities | $149.0M | $140.0M | — |
| Derived metrics | |||
| Free cash flow | $1.06B | $409.0M | $484.0M |
| Operating margin | 23.1% | 14.6% | 16.3% |
| Net margin | 4.6% | -4.3% | 2.3% |
| Return on equity | 7.5% | -7.1% | 3.5% |
| Cash conversion ratio | 5.98× | -4.99× | 9.95× |
| Capex coverage | 2.97× | 1.50× | 1.60× |
| Other reported items | |||
| Adjustments For Decrease Increase In Inventories | $0 | $11.0M | $5.0M |
| Adjustments For Decrease Increase In Trade Account Receivable | $36.0M | -$245.0M | -$104.0M |
| Adjustments For Depreciation and Amortisation Expense | $1.23B | $1.34B | $1.36B |
| Adjustments For Finance Costs | $122.0M | $117.0M | $131.0M |
| Adjustments For Finance Income | $46.0M | $28.0M | $18.0M |
| Adjustments For Increase Decrease In Trade Account Payable | -$92.0M | $47.0M | -$37.0M |
| Adjustments For Interest Expense | $594.0M | $595.0M | $497.0M |
| Adjustments For Sharebased Payments | $50.0M | $52.0M | $29.0M |
| Cash Advances and Loans Made To Other Parties Classified As Investing Activities | $2.0M | $4.0M | $3.0M |
| Cash and Cash Equivalents Classified As Part of Disposal Group Held For Sale | $0 | $0 | $24.0M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $5.0M | $0 | $152.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $0 | $0 | $283.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | $30.0M | -$188.0M | -$49.0M |
| Comprehensive Income Attributable To Owners of Parent | $250.0M | -$35.0M | $204.0M |
| Comprehensive Income From Continuing Operations | $283.0M | -$228.0M | $42.0M |
| Comprehensive Income From Discontinued Operations | -$3.0M | $4.0M | $113.0M |
| Current Accrued Income Other Than Current Contract Assets | $87.0M | $86.0M | — |
| Current Advances To Suppliers | $16.0M | $21.0M | — |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $1.75B | $1.92B | — |
| Current Borrowings and Current Portion of Noncurrent Borrowings | $282.0M | $221.0M | — |
| Current Contract Assets | $77.0M | $82.0M | — |
| Current Contract Liabilities | $121.0M | $156.0M | — |
| Current Derivative Financial Assets | $0 | $6.0M | — |
| Current Dividend Payables | $172.0M | $0 | — |
| Current Interest Payable | $421.0M | $444.0M | — |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | $2.40B | $2.33B | — |
| Current Prepayments | $94.0M | $82.0M | — |
| Current Provisions | $421.0M | $374.0M | — |
| Current Tax Assets Current | $109.0M | $118.0M | — |
| Current Tax Liabilities Current | $122.0M | $93.0M | — |
| Deferred Tax Assets | $153.0M | $141.0M | — |
| Depreciation Expense | $916.0M | $978.0M | $999.0M |
| Dividends Received From Joint Ventures Classified As Investing Activities | $66.0M | $63.0M | $10.0M |
| Dividends Recognised As Distributions To Noncontrolling Interests | — | — | $2.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$8.0M | $6.0M | -$11.0M |
| Equity and Liabilities | $13.74B | $14.52B | — |
| Finance Income | $46.0M | $28.0M | $18.0M |
| Income Taxes Paid Refund Classified As Operating Activities | $239.0M | $233.0M | $316.0M |
| Increase Decrease In Cash and Cash Equivalents | -$76.0M | -$264.0M | $168.0M |
| Increase Decrease In Working Capital | $97.0M | $123.0M | $151.0M |
| Increase Decrease Through Change In Equity of Subsidiaries | — | $74.0M | — |
| Increase Decrease Through Conversion of Convertible Instruments | — | — | $717.0M |
| Increase Decrease Through Exercise of Options | $79.0M | -$81.0M | — |
| Increase Decrease Through Transfer To Statutory Reserve | $0 | $0 | — |
| Interest Received Classified As Operating Activities | $43.0M | $31.0M | $8.0M |
| Investments In Joint Ventures Accounted For Using Equity Method | $561.0M | $576.0M | — |
| Issue of Equity | $1.0M | $1.0M | $1.0M |
| Liabilities | $10.16B | $11.07B | — |
| Liabilities Included In Disposal Groups Classified As Held For Sale | $709.0M | $0 | — |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $627.0M | $0 | — |
| Noncurrent Contract Assets | $12.0M | $12.0M | — |
| Noncurrent Derivative Financial Liabilities | $59.0M | $46.0M | — |
| Noncurrent Payables To Related Parties | $34.0M | $12.0M | — |
| Noncurrent Provisions | $283.0M | $330.0M | — |
| Operating Expense Excluding Cost of Sales | $1.92B | $2.04B | $1.89B |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -$4.0M | -$10.0M | $9.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | $15.0M | $33.0M | $19.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | $1.0M | -$2.0M | -$2.0M |
| Other Current Assets | $166.0M | $190.0M | — |
| Other Current Payables | $300.0M | $390.0M | — |
| Other Inflows Outflows of Cash Classified As Investing Activities | $25.0M | $24.0M | $25.0M |
| Other Noncurrent Assets | $84.0M | $84.0M | — |
| Other Operating Income Expense | $54.0M | $10.0M | -$2.0M |
| Other Reserves | -$531.0M | -$500.0M | — |
| Payments To Acquire Or Redeem Entitys Shares | $99.0M | $5.0M | $0 |
| Proceeds From Contributions of Noncontrolling Interests | $0 | $74.0M | $0 |
| Proceeds From Issuing Other Equity Instruments | $0 | $0 | $717.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | $58.0M | $17.0M | $21.0M |
| Profit Loss From Continuing Operations | $271.0M | -$249.0M | $16.0M |
| Profit Loss From Discontinued Operations | -$3.0M | $4.0M | $113.0M |
| Purchase of Treasury Shares | $72.0M | $10.0M | $3.0M |
| Restricted Cash and Cash Equivalents | $57.0M | $56.0M | — |
| Retained Earnings Excluding Profit Loss For Reporting Period | $2.63B | $2.79B | — |
| Retained Earnings Profit Loss For Reporting Period | $253.0M | -$82.0M | — |
| Revenue From Contracts With Customers | $5.80B | $5.66B | $5.62B |
| Trade and Other Current Payables To Related Parties | $105.0M | $62.0M | — |
| Trade and Other Current Receivables Due From Related Parties | $15.0M | $12.0M | — |
| Treasury Shares | $43.0M | $8.0M | — |
Methodology
Every line item above is a fact tagged in Millicom International Cellular S.A.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.