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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,283	699	775	1,039	895	875
Short-Term Investments	-	-	-	-	-	160
Cash & Short-Term Investments	1,283	699	775	1,039	895	1,035
Cash Growth	61.99%	-9.81%	-25.41%	16.09%	-13.53%	-32.57%
Accounts Receivable	434	467	525	456	474	382
Other Receivables	216	211	216	126	146	302
Receivables	650	678	741	582	620	684
Inventory	74	44	45	53	63	37
Prepaid Expenses	129	94	82	117	166	149
Restricted Cash	46	57	56	57	203	199
Other Current Assets	652	809	217	217	304	203
Total Current Assets	2,834	2,381	1,916	2,065	2,251	2,307
Property, Plant & Equipment	4,380	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	7,011	2,814	3,678	3,302	3,460	1,744
Long-Term Deferred Tax Assets	102	153	141	204	180	197
Long-Term Deferred Charges	12	12	12	10	8	5
Other Long-Term Assets	96	83	83	76	99	194
Total Assets	15,000	13,737	14,516	14,198	15,141	12,422
Accounts Payable	467	405	452	458	421	645
Accrued Expenses	452	472	516	473	627	517
Short-Term Debt	-	144	189	119	1,828	59
Current Portion of Long-Term Debt	365	138	32	61	12	55
Current Portion of Leases	202	156	189	163	171	123
Current Income Taxes Payable	87	122	93	86	128	71
Current Unearned Revenue	95	216	252	181	207	168
Other Current Liabilities	1,520	1,461	606	578	1,093	970
Total Current Liabilities	3,188	3,114	2,329	2,119	4,487	2,608
Long-Term Debt	5,574	5,592	6,522	6,677	5,905	5,621
Long-Term Leases	1,813	798	854	853	996	897
Long-Term Unearned Revenue	-	23	31	32	46	57
Long-Term Deferred Tax Liabilities	133	149	140	148	214	209
Other Long-Term Liabilities	794	487	1,195	735	753	756
Total Liabilities	11,502	10,163	11,071	10,564	12,401	10,148
Common Stock	253	258	258	258	153	153
Additional Paid-In Capital	1,037	1,064	1,076	1,085	475	477
Retained Earnings	3,062	2,908	2,721	2,884	2,625	2,037
Treasury Stock	-53	-43	-8	-47	-60	-30
Comprehensive Income & Other	-762	-559	-518	-575	-610	-578
Total Common Equity	3,537	3,628	3,529	3,605	2,583	2,059
Minority Interest	-39	-54	-84	29	157	215
Shareholders' Equity	3,498	3,574	3,445	3,634	2,740	2,274
Total Liabilities & Equity	15,000	13,737	14,516	14,198	15,141	12,422
Total Debt	7,954	6,828	7,786	7,873	8,912	6,755
Net Cash (Debt)	-6,671	-6,129	-7,011	-6,834	-8,017	-5,720
Net Cash Per Share	-39.07	-35.52	-40.91	-48.92	-79.27	-56.54
Filing Date Shares Outstanding	167.04	170.24	171.73	170.88	100.2	101.21
Total Common Shares Outstanding	167.04	170.24	171.73	170.88	100.2	101.21
Working Capital	-354	-733	-413	-54	-2,236	-301
Book Value Per Share	21.17	21.31	20.55	21.10	25.78	20.34
Tangible Book Value	-3,474	-3,280	-4,256	-3,756	-4,975	-1,344
Tangible Book Value Per Share	-20.80	-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 Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q