Colt Public CbCR FY 2023
	Section 1
	General information
	Name of the ultimate parent of the group / of the standalone undertaking	SHM LIGHTNING INVESTORS LLC
	Country where the ultimate parent has its registered office	United States of America (USA)
	Financial Year – start date	01 January 2023
	Financial Year – end date	31 December 2023
	Reporting currency	USD
	Is the information in the report based on reporting instructions used for tax purposes, pursuant to Section III, Parts B and C, of Annex III to Directive 2011/16/EU (yes/no)?	Yes

	Colt Public CbCR FY 2023
	Section 2
	Overview of information on a country-by-country basis
	Tax Jurisdiction	Country Code	Revenues	Profit (loss) before income tax	Income tax paid - on cash basis	Income tax accrued - current year	Accumulated earnings	Number of Employees	Notes
	Austria	AT	35,833,618	(12,258,059)	(18,694)	3,788	(165,200,383)	38	1. SHM Lightning Investors LLC, the Ultimate Parent Entity (UPE) for non-public CBCR purposes for the year ended 31 December 2023 (FY23) has been considered to be the Ultimate Parent Undertaking (UPU) for the purposes of this Public CbC report for the same year. Accordingly, SHM Lightning Investors LLC's functional currency, which is USD, has been used for presentation purposes in the current report. The exchange rate used in translating data from the Colt Group Holdings Ltd consolidated accounts (which are prepared in Euros) to USD was 0.924 EUR/USD. This rate is the yearly average of exchange rates from USD to other relevant currencies, as provided by the IRS. 2. All tax refunds have been reported in Income Tax Paid and not within Revenue. 3. Colt entered an exclusive arrangement to acquire Lumen Technologies (‘Lumen’) Europe, Middle East and Africa (EMEA) business and assets. This transaction ended at the start of November 2023. Further, with the legal separation of the Data Centre Services (DCS) business in FY23, new DCS entities have been added to the Colt Group. These new entities have therefore been included in this report. For newly acquired Lumen entities, we have included their data on a pro-rata basis from the date of acquisition. 4. The number of employees is based on the average number of employees during the financial year. We have considered Full-Time Employees ("FTE") and Part-Time Employees. FTE includes employees on long-term leave (such as maternity leave, etc). Further, any employee on part-time employment has been reasonably rounded up to 1. The average FTE for the financial year was obtained from headcount figures as at the end of every month, after which a simple average was calculated over the 12 months of the financial year. Where a constituent entity (CE) was a member of the Colt Group for part of the year (such as due to the Lumen EMEA acquisition or the carve-out of the DCS business in the second half of FY23), the average number of employees was computed only for the months where the CE in question was a member of the Colt Group.                                                                                                                                                                                                                                            5. In Section 3 where the brief description of the nature of activities in the Member State or tax jurisdiction is noted as 'Other', 'Other' refers to Telecom Services.
	Belgium	BE	91,611,141	226,981,288	135,685	-	179,964,887	77
	Bulgaria	BG	1,409,300	41,421	-	46,551	(1,653,141)	0
	Croatia	HR	374,795	28,027	-	13,249	(152,735)	-
	Czech Republic	CZ	1,905,740	14,171	1,998	73,710	(6,958,969)	-
	Denmark	DK	14,434,127	(1,537,011)	-	-	(73,277,359)	16
	Estonia	EE	12,116	(182)	-	-	(115,495)	-
	Finland	FI	1,812,221	(6,060)	2,116	64	(1,677,416)	0
	France	FR	331,733,101	(43,424,136)	1,217,772	2,351,202	(181,451,501)	339
	Germany	DE	487,094,657	(53,723,472)	712,689	-	(960,993,909)	523
	Greece	GR	71,292	17,545	5,712	-	(22,933)	2
	Hungary	HU	790,858	(309,682)	168	14,897	(263,737)	-
	Iceland	IS	850	(3,031)	(5)	-	(65,329)	-
	Ireland	IE	40,159,124	(13,691,338)	-	-	(218,863,495)	28
	Italy	IT	133,036,020	7,270,479	2,524,610	(9,339,141)	(153,869,214)	137
	Luxembourg	LU	111,864,063	(999,816,790)	450	-	(1,253,568,873)	2
	Netherlands	NL	114,432,375	(10,393,410)	424,293	255,589	(1,863,400,120)	133
	Norway	NO	1,666,174	(233,038)	-	6	(2,433,483)	-
	Poland	PL	4,753,542	1,558,514	-	6,548	722,044	199
	Portugal	PT	27,493,735	3,503,574	323,611	414,667	(4,035,418)	125
	Romania	RO	10,910,133	1,731,430	50,326	417,722	6,091,026	200
	Slovakia	SK	407,576	5,617	-	20,920	(193,711)	-
	Slovenia	SI	90,197	(5,707)	1,841	-	(378,405)	-
	Spain	ES	159,561,794	653,892	(628,199)	551,547	(22,037,000)	623
	Sweden	SE	19,805,754	(3,421,589)	11,303	-	(129,165,782)	25
	All other tax jurisdictions (aggregated basis)		4,182,773,865	905,124,995	39,082,236	19,584,252	8,042,617,745	4,450

	Colt Public CbCR FY 2023
	Section 3
	List of subsidiaries and activities
	Member State or tax jurisdiction	Country code	Name of each subsidiary undertaking in the Member State or tax jurisdiction	Brief description of the nature of activities in the Member State or tax jurisdiction
	Austria	AT	Colt Technology Services GmbH (Austria)	Provision of services to unrelated parties
			Lumen Technologies Austria GmbH	Other
	Belgium	BE	Colt Technology Services NV	Provision of services to unrelated parties
			KVH Telecom Holding SCRL	Holding shares or other equity instruments
			Lumen Technologies Belgium SA	Other
	Bulgaria	BG	Colt Technology Services GmbH (Bulgaria)	Provision of services to unrelated parties
			Lumen Technologies Bulgaria EOOD	Other
	Croatia	HR	Colt Technology Services GmbH (Croatia)	Provision of services to unrelated parties
			Lumen Technologies Croatia Usluge d.o.o.	Other
	Czech Republic	CZ	CenturyLink Communications CZ s.r.o.	Other
			Colt Technology Services GmbH (Cz Republic)	Provision of services to  unrelated parties
	Denmark	DK	Colt Technology Services A/S	Provision of services to  unrelated parties
			Lumen Technologies Denmark ApS	Other
	Estonia	EE	Lumen Technologies Estonia OÜ	Other
	Finland	FI	Colt Technology Services Oy	Provision of services to unrelated parties
			Lumen Technologies Finland OY	Other
	France	FR	Colt Data Centre Services France	Provision of services to unrelated parties
			Colt DCS Developments France SAS	Purchasing or procurement
			Colt Technology Services SAS	Provision of services to unrelated parties
			Lumen Technologies France SAS	Other
	Germany	DE	Colt Data Centre Services Germany GmbH	Provision of services to unrelated parties
			Colt Technology Services GmbH	Provision of services to unrelated parties
			Lumen Technologies Germany GmbH	Other
			Qwest Germany GmbH	Other
	Greece	GR	Lumen Technologies NL BV (Greek Branch)	Other
	Hungary	HU	Colt Technology Services GmbH (Hungary)	Provision of services to  unrelated parties
			Lumen Technologies Hungary Kft	Other
	Iceland	IS	CenturyLink Communications Iceland ehf	Other
	Ireland	IE	CenturyLink Communications PEC Services Europe Limited	Other
			CenturyLink Communications PEC Services Ireland Limited	Other
			Colt Technology Services Limited	Provision of services to unrelated parties
			Lumen Technologies EMEA Ireland Limited	Other
			Lumen Technologies PEC  Ireland Limited	Other
	Italy	IT	Lumen Technologies Italia Srl	Other
			Colt Data Centre Services Italy S.r.l.	Administrative, management or support services
			Colt Technology Services S.p.A.	Provision of services to unrelated parties
	Luxembourg	LU	CenturyLink Communications PEC Luxembourg I S.à r.l.	Internal Group Finance
			CenturyLink Communications PEC Luxembourg II S.à r.l.	Internal Group Finance and Holding shares or other equity instruments
			Colt Lux Group Holding S.à r.l. (LUX 3)	Holding or Managing Intellectual Property, Administrative, management or support services, Internal Group Finance, Holding shares or other equity instruments
			Colt Lux MP S.à r.l. lux5	Holding or Managing Intellectual Property, Holding shares or other equity instruments
			Lumen Technologies Luxembourg S.à r.l.	Other
			MarketPrizm Group S.à r.l.	Holding or Managing Intellectual Property, Holding shares or other equity instruments
	Netherlands	NL	CenturyLink Europe B.V.	Other
			Colt Data Centre Services Netherlands B.V.	Provision of services to unrelated parties
			Colt Technology Services B.V.	Provision of services to unrelated parties
			Level 3 Europe B.V.	Holding shares or other equity instruments
			Level 3 Holdings B.V.	Internal Group Finance and Holding shares or other equity instruments
			Lumen Technologies NL B.V.	Other
			Qwest Holdings B.V.	Holding shares or other equity instruments
			Qwest Netherlands B.V.	Other
	Norway	NO	Colt Technology Services AS	Provision of services to unrelated parties
			Lumen Technologies Norge AS	Other
	Poland	PL	Colt Technology Services GmbH (Poland)	Provision of services to unrelated parties
			Lumen Technologies Poland sp z.o.o.	Other
	Portugal	PT	CENTURYLINK COMMUNICATIONS ESPANÃ S.A. - SUCURSAL EM PORTUGAL	Other
			Colt Technology Services, Unipessoal Lda	Provision of services to independent parties and Administrative, management or support services
	Romania	RO	Colt Data Centre Services RO S.R.L	Administrative, management or support services
			Colt Technology Services RO S.R.L.	Provision of services to independent parties and Administrative, management or support services
			Lumen Technologies Romania S.R.L.	Other
	Slovakia	SK	CenturyLink Communications Slovakia spol. s.r.o.	Other
			Colt Technology Services GmbH (Slovakia)	Provision of services to unrelated parties
	Slovenia	SI	CenturyLink telekomunikacijske storitve d.o.o.	Other
	Spain	ES	Colt Data Centre Services Spain S.L.	Other
			Colt Technology Services S.A.U	Provision of services to independent parties
			Colt Technology Shared Service Centre Barcelona S.L	Administrative, management or support services
			Lumen Technologies Iberia S.A.	Other
	Sweden	SE	CenturyLink Communications Sweden AB	Other
			CenturyLink Europe B.V., The Netherlands, filial Sweden	Other
			Colt Technology Services AB	Provision of services to independent parties

	Colt Public CbCR FY 2023
	Section 4
	Omitted information
	Information omitted (if any) for this financial year:
	Not applicable
	Information omitted in previous financial years, which is disclosed in this financial year (if any):
	Not applicable