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v3.22.4

Consolidated statement of income - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2022 | [1] | Dec. 31, 2021 | [2] | Dec. 31, 2020 | [2]
Profit or loss [abstract] |  |  |  |  |  |
Revenue |  | $ 5,624 | $ 4,261 |  | $ 3,805 |
Cost of sales |  | (1,506) | (1,197) |  | (1,060) |
Gross profit |  | 4,118 | 3,063 |  | 2,745 |
Operating expenses |  | (1,890) | (1,546) |  | (1,383) |
Depreciation |  | (999) | (804) |  | (810) |
Amortization |  | (345) | (310) |  | (309) |
Share of profit in joint ventures |  | 32 | 210 | [3] | 171 | [3]
Other operating income (expenses), net |  | (2) | 5 |  | (12) |
Operating profit |  | 915 | 619 |  | 402 |
Interest and other financial expenses |  | (617) | (495) |  | (560) |
Interest and other financial income |  | 18 | 23 |  | 13 |
Revaluation of previously held interests in Guatemala |  | 0 | 670 |  | 0 |
Other non-operating (expenses) income, net |  | (78) | (49) |  | (107) |
Profit (loss) from other joint ventures and associates, net |  | 0 | (40) |  | (1) |
Profit (loss) before taxes from continuing operations |  | 238 | 728 | [3] | (252) | [3]
Tax (charge), net |  | (222) | (158) |  | (72) |
Profit from continuing operations |  | 16 | 570 |  | (325) |
Profit (loss) from discontinued operations, net of tax |  | 113 | (28) |  | (60) |
Net profit (loss) for the period |  | 129 | 542 |  | (385) |
Attributable to: |  |  |  |  |  |
Owners of the Company |  | 177 | 590 |  | (344) |
Non-controlling interests |  | $ (48) | $ (48) |  | $ (41) |
Earnings (loss) per common share for profit (loss) attributable to the owners of the Company |  |  |  |  |  |
Basic (in dollars per share) | [4] | $ 1.27 | $ 4.59 |  | $ (2.68) |
Diluted (in dollars per share) | [4] | $ 1.27 | $ 4.57 |  | $ (2.67) |
[1] | Tigo Guatemala is 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] | Re-presented for discontinued operations (see note A.4.)
[3] | Re-presented for discontinued operations (see note A.4.).
[4] | 2021 and 2020 comparatives have been restated as a result of the completion of the rights offering (see note B.7.).

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- Definition The amount of revenue from contracts with customers. A customer is a party that has contracted with an entity to obtain goods or services that are an output of the entity’s ordinary activities in exchange for consideration. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2022-03-24 -Paragraph 114 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2022-en-r&anchor=para_114&doctype=Standard -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2022-03-24 -Paragraph 113 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2022-en-r&anchor=para_113_a&doctype=Standard -URIDate 2022-03-24 + Details
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- Definition Gain (Loss) On Reevaluation Of Previously Held Interests + References No definition available. + Details
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- Definition Other Non-Operating Income (Expense) + References No definition available. + Details
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- Definition Share Of Profit (Loss) Of Associates And Joint Ventures Accounted For Using Equity Method, Nonoperating + References No definition available. + Details
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- Definition Share Of Profit (Loss) Of Joint Ventures Accounted For Using Equity Method, Operating + References No definition available. + Details
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