XML 41 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated statement of income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
[1]
Dec. 31, 2017
[1]
Profit or loss [abstract]      
Revenue $ 4,336 $ 3,946 $ 3,936
Cost of sales (1,201) (1,117) (1,169)
Gross profit 3,135 2,829 2,767
Operating expenses (1,604) (1,616) (1,531)
Depreciation (825) (662) (670)
Amortization (275) (140) (142)
Share of profit in the joint ventures in Guatemala and Honduras 179 154 [2] 140 [2]
Other operating income (expenses), net (34) 75 69
Operating profit 575 640 632
Interest and other financial expenses (564) (367) (389)
Interest and other financial income 20 21 16
Other non-operating (expenses) income, net 227 (39) (2)
Profit (loss) from other joint ventures and associates, net (40) (136) [2] (85) [2]
Profit (loss) before taxes from continuing operations 218 119 [2] 172 [2]
Charge for taxes, net (120) (112) (162)
Profit (loss) for the year from continuing operations 97 7 10
Profit (loss) from discontinued operations, net of tax 57 (33) 60
Net profit (loss) for the year 154 (26) [3] 69 [3]
Net profit (loss) for the year Attributable to:      
The owners of Millicom 149 (10) 87
Non-controlling interests $ 5 $ (16) $ (17)
Basic (US$ per common share):      
— from continuing operations (usd per share) $ 0.92 $ 0.23 $ 0.27
— from discontinued operations (usd per share) 0.56 (0.33) 0.59
— total (usd per share) 1.48 (0.10) 0.86
Diluted (US$ per common share):      
— from continuing operations (usd per share) 0.92 0.23 0.27
— from discontinued operations (usd per share) 0.56 (0.33) 0.59
—total (usd per share) $ 1.48 $ (0.10) $ 0.86
[1] Re-presented for discontinued operations (shown in note A.4.) 2018 and 2017 were not restated for the application of IFRS 16, and, additionally, 2017 was not restated for the application of IFRS 15 and IFRS 9, as the Group elected the modified retrospective approach.
[2] Re-presented for discontinued operations (shown in note A.4. and E.4.2.). 2018 and 2017 were not restated for the application of IFRS 16, and , additionally,2017 was not restated for the application of IFRS 15 and IFRS 9, as the Group elected the modified retrospective approach.
[3] Re-presented for discontinued operations (shown in note A.4.). 2018 and 2017 were not restated for the application of IFRS 16, and , additionally, 2017 was not restated for the application of IFRS 15 and IFRS 9, as the Group elected the modified retrospective approach.