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Consolidated statement of financial position - USD ($)
$ in Millions
Dec. 31, 2021
[1]
Dec. 31, 2020
NON-CURRENT ASSETS    
Intangible assets, net $ 7,721 $ 3,403
Property, plant and equipment, net 3,198 2,755
Right of use assets 1,008 895
Investments in joint ventures 596 2,642
Investments in associates 22 24
Contract costs, net 8 5
Deferred tax assets 180 197
Derivative financial instruments 21 27
Amounts due from non-controlling interests, associates and joint ventures 24 90
Other non-current assets 74 77
TOTAL NON-CURRENT ASSETS 12,852 10,114
CURRENT ASSETS    
Inventories 63 37
Trade receivables, net 405 351
Contract assets, net 69 31
Amounts due from non-controlling interests, associates and joint ventures 42 206
Prepayments and accrued income 168 149
Current income tax assets 104 96
Supplier advances for capital expenditure 35 21
Equity investments 0 160
Other current assets 302 181
Restricted cash 203 199
Cash and cash equivalents [2] 895 875
TOTAL CURRENT ASSETS 2,286 2,307
Assets held for sale 0 1
TOTAL ASSETS 15,139 12,422
EQUITY    
Share capital and premium 628 630
Treasury shares (60) (30)
Other reserves (594) (562)
Retained profits 2,019 2,365
Net profit (loss) for the year attributable to equity holders 590 (344)
Equity attributable to owners of the Company 2,583 2,059
Non-controlling interests 157 215
TOTAL EQUITY 2,740 2,274
NON-CURRENT LIABILITIES    
Debt and financing 5,904 5,578
Non-current lease liabilities 996 897
Derivative financial instruments 1 14
Amounts due to non-controlling interests, associates and joint ventures 0 29
Payables and accruals for capital expenditure 435 485
Provisions and other non-current liabilities 364 328
Deferred tax liabilities 214 209
TOTAL NON-CURRENT LIABILITIES 7,914 7,540
CURRENT LIABILITIES    
Debt and financing 1,840 113
Lease liabilities 171 123
Put option liability 290 262
Derivative financial instruments 0 1
Payables and accruals for capital expenditure 452 345
Other trade payables 347 334
Amounts due to non-controlling interests, associates and joint ventures 74 311
Accrued interest and other expenses 539 445
Current income tax liabilities 128 71
Contract liabilities 97 90
Provisions and other current liabilities 546 511
TOTAL CURRENT LIABILITIES 4,485 2,608
Liabilities directly associated with assets held for sale 0 0
TOTAL LIABILITIES 12,399 10,148
TOTAL EQUITY AND LIABILITIES $ 15,139 12,422
Guatemala joint ventures    
NON-CURRENT ASSETS    
Investments in joint ventures   2,031
TOTAL NON-CURRENT ASSETS   2,195
CURRENT ASSETS    
Cash and cash equivalents   188
NON-CURRENT LIABILITIES    
Debt and financing   619
TOTAL NON-CURRENT LIABILITIES   751
CURRENT LIABILITIES    
Debt and financing   $ 24
[1] The assets and liabilities of Tigo Guatemala are fully consolidated since the acquisition of the remaining 45% shareholding on November 12, 2021. See note A.1.2. for further details. As a result, numbers might not be directly comparable with previous years' figures.
[2] The cash flows of Tigo Guatemala are fully consolidated since the acquisition of the remaining 45% shareholding on November 12, 2021. See note A.1.2. for further details. As a result, numbers might not be directly comparable with previous years' figures.