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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.).