NONCONTROLLING INTERESTS IN CONSOLIDATED SUBSIDIARIES

12 Months Ended

Dec. 31, 2019

NONCONTROLLING INTERESTS IN CONSOLIDATED SUBSIDIARIES

NOTE 15 – NONCONTROLLING INTERESTS IN CONSOLIDATED SUBSIDIARIES

Noncontrolling interests represent the equity ownership interests in consolidated subsidiaries not owned by the Company. Noncontrolling interests are adjusted for contributions, distributions, and income and loss attributable to the noncontrolling interest partners of the consolidated entities. Income and losses are allocated to the noncontrolling interests based on the respective governing documents.

There are noncontrolling interests in certain of the Company’s consolidated subsidiaries. The noncontrolling interests are summarized as follows:


	As of December 31, 2019			As of December 31, 2018
2degrees	$	39,223		$	20,426
NuevaTel		45,122			51,165
Trilogy International Partners LLC		(28,159	)		(32,874	)
Salamanca Solutions International LLC		(698	)		(738	)

Noncontrolling interests	$	55,488		$	37,979

As a result of the consummation of the Arrangement, there are noncontrolling interests in Trilogy LLC presented in the table above for the period beginning February 7, 2017. See Note 1 – Description of Business, Basis of Presentation and Summary of Significant Accounting Policies.

Supplemental Cash Flow Disclosure:

During the year

ended December 31, 2019

and 2018

, NuevaTel declared and paid dividends to a noncontrolling interest of $7.7 million

and $6.8 million, respectively

. The dividends were recorded as a financing activity in the Consolidated Statements of Cash Flows for the

years ended December 31, 2019 and 2018. There were no dividends declared by NuevaTel during the

year ended December 31, 201