LIBERTY GLOBAL PLC

SCHEDULE I

(Parent Company Information - See Notes to Consolidated Financial Statements)

CONDENSED BALANCE SHEETS

(Parent Company Only)



	December 31,
	2014		2013
	in millions
ASSETS
Current assets:
Cash and cash equivalents	$	36.7	$	290.7
Interest receivables — related-party	448.7		247.1
Other receivables — related-party	157.8		260.4
Current notes receivable — related-party	5,666.8		—
Other current assets	7.5		9.6
Total current assets	6,317.5		807.8
Long-term notes receivable — related-party	9,656.9		9,557.6
Investments in consolidated subsidiaries, including intercompany balances	750.0		1,742.8
Other assets, net	4.2		3.0
Total assets	$	16,728.6	$	12,111.2



LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	46.4		$	11.4
Other payables — related-party	105.3			47.1
Debt — related-party	679.2			—
Accrued liabilities and other	16.0			6.7
Total current liabilities	846.9			65.2
Long-term notes payable — related-party	18.9			18.6
Other long-term liabilities — related-party	1,146.6			—
Other long-term liabilities	1.7			1.6
Total liabilities	2,014.1			85.4
Commitments and contingencies
Shareholders’ equity:
Class A ordinary shares, $0.01 nominal value. Issued and outstanding 251,167,686 and 222,081,117 shares, respectively	2.5			2.2
Class B ordinary shares, $0.01 nominal value. Issued and outstanding 10,139,184 and 10,147,184 shares, respectively	0.1			0.1
Class C ordinary shares, $0.01 nominal value. Issued and outstanding 630,353,372 and 556,221,669 shares, respectively	6.3			5.6
Additional paid-in capital	17,070.8			12,809.4
Accumulated deficit	(4,007.6		)	(3,312.6		)
Accumulated other comprehensive earnings, net of taxes	1,646.6			2,528.8
Treasury shares, at cost	(4.2		)	(7.7		)
Total shareholders’ equity	14,714.5			12,025.8
Total liabilities and shareholders’ equity	$	16,728.6		$	12,111.2

LIBERTY GLOBAL PLC

SCHEDULE I

(Parent Company Information - See Notes to Consolidated Financial Statements)

CONDENSED STATEMENTS OF OPERATIONS

(Parent Company Only)



				Period from
				June 8,
	Year ended			2013 through
	December 31,			December 31,
	2014			2013
	in millions
Operating costs and expenses:
Selling, general and administrative (including share-based compensation)	$	43.0		$	9.7
Related-party fees and allocations	151.8			54.9
Other operating expenses	3.5			—
Operating loss	(198.3		)	(64.6		)
Non-operating income (expense):
Interest income, net	812.1			468.3
Realized and unrealized gains (losses) on derivative instruments, net	13.7			(4.5		)
Foreign currency transaction losses, net	(58.2		)	—
Other expense, net	(8.1		)	—
	759.5			463.8
Earnings before income taxes and equity in losses of consolidated subsidiaries, net	561.2			399.2
Equity in losses of consolidated subsidiaries, net	(1,120.8		)	(1,306.3		)
Income tax expense	(135.4		)	(105.8		)
Net loss	$	(695.0	)	$	(1,012.9	)

LIBERTY GLOBAL PLC

SCHEDULE I

(Parent Company Information - See Notes to Consolidated Financial Statements)

CONDENSED STATEMENTS OF CASH FLOWS

(Parent Company Only)



				Period from
				June 8,
	Year ended			2013 through
	December 31,			December 31,
	2014			2013
	in millions
Cash flows from operating activities:
Net loss	$	(695.0	)	$	(1,012.9	)
Adjustments to reconcile net loss to net cash provided by operating activities:
Equity in losses of consolidated subsidiaries, net	1,120.8			1,306.3
Share-based compensation expense	20.2			3.5
Related-party fees and allocations	151.8			54.9
Other operating expenses	3.5			—
Realized and unrealized losses (gains) on derivative instruments, net	(13.7		)	4.5
Foreign currency transaction losses, net	58.2			—
Deferred income tax benefit	(3.6		)	(0.4		)
Changes in operating assets and liabilities:
Receivables and other operating assets	0.2			(104.9		)
Payables and accruals	(65.3		)	2.6
Net cash provided by operating activities	577.1			253.6

Cash flows from investing activities:
Distributions and advances from subsidiaries and affiliates, net	(368.3		)	949.0
Other investing activities, net	1.8			(11.3		)
Net cash provided (used) by investing activities	(366.5		)	937.7

Cash flows from financing activities:
Repurchase of Liberty Global shares	(1,584.9		)	(971.8		)
Borrowings of related-party debt	1,221.5			—
Repayments of related-party debt	(542.3		)	—
Proceeds received from subsidiaries in connection with the issuance of Liberty Global shares	435.1			—
Proceeds from issuance of Liberty Global shares upon exercise of stock options	54.8			78.1
Proceeds (payments) associated with call option contracts, net	(41.7		)	4.1
Other financing activities, net	(6.6		)	(11.0		)
Net cash used by financing activities	(464.1		)	(900.6		)

Effect of exchange rate changes on cash	(0.5		)	—

Net increase (decrease) in cash and cash equivalents	(254.0		)	290.7
Cash and cash equivalents:
Beginning of period	290.7			—
End of period	$	36.7		$	290.7

LIBERTY GLOBAL, INC.

SCHEDULE I

(Parent Company Information - See Notes to Consolidated Financial Statements)

CONDENSED STATEMENTS OF OPERATIONS

(Parent Company Only)



	Period from
	January 1,
	2013 through			Year ended
	June 7,			December 31,
	2013			2012
	in millions

Operating costs and expenses:
Selling, general and administrative (including stock-based compensation)	$	43.5		$	98.1
Depreciation and amortization	0.3			0.8
Other operating charges	48.1			—
Operating loss	(91.9		)	(98.9		)
Non-operating expense:
Interest expense, net	(0.7		)	(0.1		)
Other expense, net	(0.1		)	(0.5		)
	(0.8		)	(0.6		)
Loss before income taxes and equity in earnings of consolidated subsidiaries, net	(92.7		)	(99.5		)
Equity in earnings of consolidated subsidiaries, net	120.0			390.7
Income tax benefit	21.7			31.6
Net earnings	$	49.0		$	322.8

LIBERTY GLOBAL, INC.

SCHEDULE I

(Parent Company Information - See Notes to Consolidated Financial Statements)

CONDENSED STATEMENTS OF CASH FLOWS

(Parent Company Only)



	Period from
	January 1,
	2013 through			Year ended
	June 7,			December 31,
	2013			2012
	in millions
Cash flows from operating activities:
Net earnings	$	49.0		$	322.8
Adjustments to reconcile net earnings to net cash used by operating activities:
Equity in earnings of consolidated subsidiaries, net	(120.0		)	(390.7		)
Stock-based compensation expense	11.5			33.0
Depreciation and amortization	0.3			0.8
Other operating charges	48.1			—
Deferred income tax expense (benefit)	(21.9		)	111.7
Excess tax benefits from stock-based compensation	—			(2.6		)
Changes in operating assets and liabilities:
Receivables and other operating assets	(7.2		)	(27.1		)
Payables and accruals	(23.8		)	(71.4		)
Net cash used by operating activities	(64.0		)	(23.5		)

Cash flows from investing activities:
Distributions and advances from subsidiaries and affiliates, net	163.1			855.1
Capital expenditures	(0.7		)	(2.0		)
Net cash provided by investing activities	162.4			853.1

Cash flows from financing activities:
Repurchase of LGI common stock	(185.4		)	(970.3		)
Proceeds (payments) related to call option contracts for LGI common stock	55.5			(52.1		)
Payment of net settled employee withholding taxes on stock incentive awards	(13.1		)	(22.1		)
Proceeds from issuance of LGI common stock upon exercise of stock options	2.9			25.6
Excess tax benefits from stock-based compensation	—			2.6
Net cash used by financing activities	(140.1		)	(1,016.3		)
Net decrease in cash and cash equivalents	(41.7		)	(186.7		)
Cash and cash equivalents:
Beginning of period	69.4			256.1
End of period	$	27.7		$	69.4