Millicom International Cellular SA
NASDAQ:TIGO
Balance Sheet
Balance Sheet Decomposition
Millicom International Cellular SA
Millicom International Cellular SA
Balance Sheet
Millicom International Cellular SA
| Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
70
|
149
|
413
|
597
|
657
|
1 175
|
674
|
1 511
|
1 023
|
861
|
1 155
|
909
|
694
|
769
|
646
|
619
|
528
|
1 164
|
875
|
895
|
1 039
|
775
|
699
|
1 552
|
|
| Cash Equivalents |
70
|
149
|
413
|
597
|
657
|
1 175
|
674
|
1 511
|
1 023
|
861
|
1 155
|
909
|
694
|
769
|
646
|
619
|
528
|
1 164
|
875
|
895
|
1 039
|
775
|
699
|
1 552
|
|
| Short-Term Investments |
118
|
48
|
16
|
335
|
0
|
0
|
0
|
50
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
371
|
160
|
0
|
0
|
0
|
0
|
0
|
|
| Total Receivables |
134
|
130
|
168
|
145
|
242
|
318
|
349
|
310
|
373
|
460
|
325
|
405
|
967
|
539
|
505
|
522
|
522
|
560
|
684
|
620
|
582
|
655
|
678
|
969
|
|
| Accounts Receivables |
120
|
117
|
144
|
111
|
187
|
224
|
257
|
225
|
253
|
277
|
288
|
282
|
492
|
398
|
387
|
386
|
380
|
412
|
382
|
474
|
456
|
525
|
554
|
765
|
|
| Other Receivables |
14
|
13
|
24
|
34
|
55
|
94
|
92
|
85
|
120
|
183
|
37
|
123
|
475
|
141
|
118
|
136
|
142
|
148
|
302
|
146
|
126
|
130
|
124
|
204
|
|
| Inventory |
7
|
11
|
16
|
16
|
109
|
159
|
201
|
96
|
98
|
107
|
105
|
173
|
212
|
119
|
85
|
63
|
64
|
54
|
58
|
98
|
74
|
66
|
60
|
106
|
|
| Other Current Assets |
52
|
77
|
97
|
148
|
119
|
99
|
140
|
108
|
155
|
286
|
361
|
1 199
|
569
|
444
|
425
|
381
|
415
|
496
|
530
|
638
|
370
|
419
|
316
|
355
|
|
| Total Current Assets |
382
|
415
|
711
|
1 241
|
1 127
|
1 752
|
1 364
|
2 075
|
1 650
|
1 714
|
1 946
|
2 686
|
2 442
|
1 871
|
1 661
|
1 585
|
1 529
|
2 645
|
2 307
|
2 251
|
2 065
|
1 915
|
1 753
|
2 982
|
|
| PP&E Net |
459
|
490
|
576
|
672
|
1 267
|
2 066
|
2 787
|
2 711
|
2 768
|
848
|
2 754
|
2 771
|
4 751
|
3 198
|
3 057
|
2 880
|
3 041
|
3 895
|
3 650
|
4 406
|
3 873
|
4 003
|
3 639
|
5 533
|
|
| PP&E Gross |
459
|
490
|
576
|
672
|
1 267
|
2 066
|
2 787
|
2 711
|
2 768
|
848
|
0
|
2 771
|
4 751
|
3 198
|
3 057
|
2 880
|
3 041
|
3 895
|
3 650
|
4 406
|
3 873
|
4 003
|
3 639
|
0
|
|
| Accumulated Depreciation |
413
|
475
|
616
|
525
|
669
|
740
|
1 268
|
1 398
|
1 974
|
4 724
|
0
|
3 127
|
4 539
|
3 555
|
3 990
|
4 157
|
4 705
|
238
|
5 055
|
6 850
|
6 753
|
7 648
|
7 661
|
0
|
|
| Intangible Assets |
89
|
34
|
280
|
296
|
287
|
284
|
483
|
497
|
855
|
103
|
2 331
|
1 076
|
2 439
|
808
|
744
|
666
|
1 297
|
3 214
|
1 744
|
3 460
|
3 302
|
3 678
|
2 814
|
7 837
|
|
| Goodwill |
10
|
50
|
38
|
77
|
196
|
184
|
507
|
548
|
1 428
|
1 415
|
0
|
1 382
|
3 076
|
621
|
615
|
599
|
1 077
|
0
|
1 659
|
4 098
|
4 059
|
4 107
|
4 094
|
0
|
|
| Note Receivable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
5
|
5
|
8
|
10
|
12
|
12
|
26
|
|
| Long-Term Investments |
221
|
506
|
410
|
12
|
7
|
11
|
21
|
1
|
18
|
63
|
513
|
449
|
298
|
3 596
|
3 276
|
3 208
|
3 036
|
2 822
|
2 756
|
642
|
590
|
576
|
561
|
583
|
|
| Other Long-Term Assets |
41
|
29
|
31
|
261
|
437
|
117
|
58
|
160
|
276
|
3 139
|
410
|
409
|
412
|
301
|
274
|
527
|
332
|
309
|
301
|
276
|
299
|
225
|
864
|
292
|
|
| Other Assets |
10
|
50
|
38
|
77
|
196
|
184
|
507
|
548
|
1 428
|
1 415
|
0
|
1 382
|
3 076
|
621
|
615
|
599
|
1 077
|
0
|
1 659
|
4 098
|
4 059
|
4 107
|
4 094
|
0
|
|
| Total Assets |
1 203
N/A
|
1 523
+27%
|
2 046
+34%
|
2 560
+25%
|
3 321
+30%
|
4 414
+33%
|
5 221
+18%
|
5 991
+15%
|
6 995
+17%
|
7 282
+4%
|
7 954
+9%
|
8 773
+10%
|
13 418
+53%
|
10 395
-23%
|
9 627
-7%
|
9 465
-2%
|
10 316
+9%
|
12 890
+25%
|
12 422
-4%
|
15 141
+22%
|
14 198
-6%
|
14 516
+2%
|
13 737
-5%
|
17 253
+26%
|
|
| Liabilities | |||||||||||||||||||||||||
| Accounts Payable |
97
|
108
|
175
|
215
|
434
|
687
|
743
|
472
|
481
|
558
|
603
|
663
|
757
|
619
|
623
|
592
|
617
|
637
|
679
|
799
|
828
|
704
|
605
|
931
|
|
| Accrued Liabilities |
43
|
45
|
55
|
61
|
113
|
128
|
160
|
174
|
228
|
264
|
306
|
369
|
500
|
425
|
376
|
353
|
383
|
432
|
445
|
539
|
412
|
444
|
421
|
538
|
|
| Short-Term Debt |
0
|
0
|
0
|
315
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
157
|
133
|
89
|
96
|
135
|
889
|
497
|
434
|
555
|
621
|
643
|
423
|
358
|
221
|
80
|
185
|
458
|
293
|
236
|
2 011
|
343
|
410
|
438
|
622
|
|
| Other Current Liabilities |
79
|
114
|
187
|
221
|
220
|
298
|
350
|
491
|
1 190
|
1 246
|
1 424
|
1 374
|
2 950
|
1 192
|
819
|
859
|
1 226
|
1 055
|
1 248
|
1 138
|
536
|
771
|
940
|
1 301
|
|
| Total Current Liabilities |
376
|
399
|
506
|
909
|
902
|
2 002
|
1 749
|
1 570
|
2 454
|
2 689
|
2 976
|
2 829
|
4 565
|
2 457
|
1 898
|
1 989
|
2 684
|
2 417
|
2 608
|
4 487
|
2 119
|
2 329
|
2 404
|
3 392
|
|
| Long-Term Debt |
1 072
|
1 144
|
1 026
|
821
|
1 359
|
945
|
1 661
|
1 913
|
1 797
|
1 817
|
2 344
|
3 504
|
4 565
|
3 789
|
3 821
|
3 600
|
4 123
|
6 774
|
6 475
|
6 900
|
7 477
|
7 330
|
6 331
|
8 849
|
|
| Deferred Income Tax |
27
|
38
|
39
|
45
|
34
|
42
|
81
|
66
|
196
|
199
|
176
|
183
|
184
|
50
|
57
|
56
|
233
|
280
|
209
|
214
|
148
|
140
|
149
|
149
|
|
| Minority Interest |
24
|
27
|
43
|
34
|
78
|
80
|
26
|
74
|
46
|
191
|
312
|
152
|
1 391
|
251
|
201
|
185
|
249
|
271
|
215
|
157
|
29
|
84
|
54
|
20
|
|
| Other Liabilities |
0
|
0
|
195
|
451
|
443
|
56
|
77
|
132
|
159
|
131
|
122
|
176
|
374
|
371
|
483
|
538
|
486
|
739
|
856
|
800
|
820
|
1 272
|
1 279
|
1 242
|
|
| Total Liabilities |
1 498
N/A
|
1 608
+7%
|
1 809
+13%
|
2 260
+25%
|
2 816
+25%
|
3 126
+11%
|
3 543
+13%
|
3 607
+2%
|
4 651
+29%
|
5 027
+8%
|
5 930
+18%
|
6 844
+15%
|
11 079
+62%
|
6 918
-38%
|
6 460
-7%
|
6 368
-1%
|
7 775
+22%
|
10 481
+35%
|
10 363
-1%
|
12 558
+21%
|
10 593
-16%
|
10 987
+4%
|
10 109
-8%
|
13 612
+35%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
282
|
240
|
514
|
465
|
373
|
417
|
643
|
661
|
682
|
663
|
153
|
153
|
153
|
153
|
153
|
153
|
153
|
153
|
150
|
152
|
258
|
258
|
258
|
254
|
|
| Retained Earnings |
439
|
247
|
268
|
157
|
132
|
871
|
1 035
|
1 723
|
2 810
|
2 860
|
2 509
|
2 436
|
4 821
|
3 574
|
3 274
|
3 100
|
2 588
|
2 439
|
2 087
|
2 668
|
2 935
|
2 782
|
2 931
|
2 402
|
|
| Additional Paid In Capital |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
489
|
487
|
486
|
486
|
485
|
484
|
482
|
480
|
480
|
476
|
1 085
|
1 076
|
1 064
|
1 036
|
|
| Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Treasury Stock |
55
|
9
|
9
|
9
|
0
|
0
|
0
|
0
|
300
|
378
|
198
|
172
|
160
|
143
|
123
|
106
|
81
|
51
|
30
|
60
|
47
|
8
|
43
|
52
|
|
| Other Equity |
84
|
69
|
0
|
0
|
0
|
0
|
0
|
0
|
847
|
890
|
929
|
975
|
2 961
|
593
|
622
|
534
|
601
|
612
|
628
|
653
|
626
|
579
|
582
|
1
|
|
| Total Equity |
295
N/A
|
85
+71%
|
237
N/A
|
300
+27%
|
505
+68%
|
1 288
+155%
|
1 678
+30%
|
2 384
+42%
|
2 344
-2%
|
2 255
-4%
|
2 024
-10%
|
1 929
-5%
|
2 339
+21%
|
3 477
+49%
|
3 167
-9%
|
3 097
-2%
|
2 541
-18%
|
2 409
-5%
|
2 059
-15%
|
2 583
+25%
|
3 605
+40%
|
3 529
-2%
|
3 628
+3%
|
3 641
+0%
|
|
| Total Liabilities & Equity |
1 203
N/A
|
1 523
+27%
|
2 046
+34%
|
2 560
+25%
|
3 321
+30%
|
4 414
+33%
|
5 221
+18%
|
5 991
+15%
|
6 995
+17%
|
7 282
+4%
|
7 954
+9%
|
8 773
+10%
|
13 418
+53%
|
10 395
-23%
|
9 627
-7%
|
9 465
-2%
|
10 316
+9%
|
12 890
+25%
|
12 422
-4%
|
15 141
+22%
|
14 198
-6%
|
14 516
+2%
|
13 737
-5%
|
17 253
+26%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
65
|
66
|
99
|
99
|
101
|
102
|
108
|
109
|
109
|
105
|
100
|
100
|
100
|
100
|
100
|
101
|
101
|
101
|
101
|
126
|
172
|
172
|
172
|
169
|
|