Exhibit 99.1

Unaudited Attributed Financial Information for Tracking Stock Groups

The following tables present our assets and liabilities as of March 31, 2021 and revenue and expenses for the three months ended March 31, 2021 and 2020 and cash flows for the three months ended March 31, 2021 and 2020. The tables further present our assets, liabilities, revenue, expenses and cash flows that are intended to be attributed to the Liberty SiriusXM Group, Liberty Braves Group (“Braves Group”) and the Liberty Formula One Group (“Formula One Group”), respectively. The reattribution, as described in note 1, is reflected in the attributed financial statements on a prospective basis from April 22, 2020. The financial information should be read in conjunction with our condensed consolidated financial statements for the three months ended March 31, 2021 included in this Quarterly Report on Form 10-Q.

Notwithstanding the following attribution of assets, liabilities, revenue, expenses and cash flows to the Liberty SiriusXM Group, Braves Group and the Formula One Group, our tracking stock capital structure does not affect the ownership or the respective legal title to our assets or responsibility for our liabilities. We and our subsidiaries are each responsible for our respective liabilities. Holders of Liberty SiriusXM common stock, Liberty Braves common stock and Liberty Formula One common stock are holders of our common stock and are subject to risks associated with an investment in our company and all of our businesses, assets and liabilities. The issuance of Liberty SiriusXM common stock, Liberty Braves and Liberty Formula One common stock does not affect the rights of our creditors.

1

SUMMARY ATTRIBUTED FINANCIAL DATA

Liberty SiriusXM Group

Summary Balance Sheet Data:

March 31,

December 31,

2021

2020

amounts in millions

Cash and cash equivalents

$

1,030

996

Investments in affiliates, accounted for using the equity method

$

791

886

Intangible assets not subject to amortization

$

24,930

24,924

Intangible assets subject to amortization, net

$

1,418

1,471

Total assets

$

31,774

32,081

Deferred revenue

$

1,664

1,721

Long-term debt, including current portion

$

13,683

13,000

Deferred tax liabilities

$

2,039

2,116

Attributed net assets

$

7,934

8,250

Noncontrolling interest

$

4,222

4,505

Summary Statement of Operations Data:

Three months ended

March 31,

2021

2020

amounts in millions

Revenue

$

2,058

1,952

Cost of services (1)

$

(939)

(850)

Other operating expenses (1)

$

(64)

(71)

Selling, general and administrative expense (1)

$

(346)

(342)

Operating income (loss)

$

229

442

Interest expense

$

(120)

(111)

Income tax (expense) benefit

$

107

(76)

Net earnings (loss) attributable to noncontrolling interests

$

49

78

Earnings (loss) attributable to Liberty stockholders

$

(11)

214

(1)Includes stock-based compensation expense as follows:

Three months ended

March 31,

2021

2020

amounts in millions

Cost of services

$

10

11

Other operating expenses

10

11

Selling, general and administrative expense

34

36

$

54

58

2

Braves Group

Summary Balance Sheet Data:

March 31,

December 31,

2021

2020

amounts in millions

Cash and cash equivalents

$

181

151

Property and equipment, net

$

802

799

Investments in affiliates, accounted for using the equity method

$

97

94

Intangible assets not subject to amortization

$

323

323

Intangible assets subject to amortization, net

$

24

24

Total assets

$

1,572

1,571

Deferred revenue

$

127

90

Long-term debt, including current portion

$

672

670

Deferred tax liabilities

$

46

52

Attributed net assets

$

234

291

Summary Statement of Operations Data:

Three months ended

March 31,

2021

2020

amounts in millions

Revenue

$

16

22

Selling, general and administrative expense (1)

$

(21)

(22)

Operating income (loss)

$

(40)

(44)

Share of earnings (losses) of affiliates, net

$

3

4

Unrealized gains (losses) on intergroup interest

$

(28)

95

Income tax (expense) benefit

$

11

15

Earnings (loss) attributable to Liberty stockholders

$

(59)

53

(1)Includes stock-based compensation expense of $3 million for both of the three months ended March 31, 2021 and 2020.

3

Formula One Group

Summary Balance Sheet Data:

March 31,

December 31,

2021

2020

amounts in millions

Cash and cash equivalents

$

1,783

1,684

Investments in affiliates, accounted for using the equity method

$

55

38

Intangible assets not subject to amortization

$

3,956

3,956

Intangible assets subject to amortization, net

$

3,790

3,883

Total assets

$

12,001

11,191

Long-term debt, including current portion

$

3,753

3,759

Redeemable noncontrolling interests in equity of subsidiary

$

575

Attributed net assets

$

6,502

6,550

Summary Statement of Operations Data:

Three months ended

March 31,

2021

2020

amounts in millions

Revenue

$

180

39

Cost of Formula 1 revenue

$

(84)

(43)

Selling, general and administrative expense (1)

$

(43)

(44)

Operating income (loss)

$

(47)

(152)

Interest expense

$

(32)

(46)

Share of earnings (losses) of affiliates, net

$

15

(64)

Realized and unrealized gains (losses) on financial instruments, net

$

35

15

Unrealized gains (losses) on intergroup interest

$

18

(126)

Income tax (expense) benefit

$

13

25

Earnings (loss) attributable to Liberty stockholders

$

(46)

(343)

(1)Includes stock-based compensation of $6 million for both of the three months ended March 31, 2021 and 2020.

4

BALANCE SHEET INFORMATION

March 31, 2021

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Inter-Group

Consolidated

    

Group

Group

Group

Eliminations

Liberty

    

amounts in millions

Assets

Current assets:

Cash and cash equivalents

$

1,030

181

1,783

2,994

 

Trade and other receivables, net

 

611

25

141

777

 

Other current assets

 

235

37

544

(384)

432

 

Total current assets

 

1,876

243

2,468

(384)

4,203

 

Intergroup interests (note 1)

267

189

(456)

Investments in affiliates, accounted for using the equity method (note 1)

 

791

97

55

943

 

Property and equipment, at cost

 

2,657

994

199

3,850

 

Accumulated depreciation

 

(1,570)

(192)

(78)

(1,840)

 

 

1,087

802

121

2,010

 

Intangible assets not subject to amortization

Goodwill

 

15,088

180

3,956

19,224

 

FCC licenses

 

8,600

8,600

 

Other

 

1,242

143

1,385

 

 

24,930

323

3,956

29,209

 

Intangible assets subject to amortization, net

 

1,418

24

3,790

5,232

 

Other assets

 

1,405

83

1,422

(42)

2,868

 

Total assets

$

31,774

1,572

12,001

(882)

44,465

 

Liabilities and Equity

Current liabilities:

Intergroup payable (receivable) (note 3)

$

(22)

(37)

59

Accounts payable and accrued liabilities

1,114

 

66

167

1,347

Current portion of debt

514

57

207

778

Deferred revenue

 

1,664

 

127

492

2,283

Other current liabilities

 

467

 

6

39

(384)

128

Total current liabilities

 

3,737

 

219

964

(384)

4,536

Long-term debt (note 1)

 

13,169

 

615

3,546

17,330

Deferred income tax liabilities

 

2,039

 

46

(42)

2,043

Redeemable intergroup interests (note 1)

254

202

(456)

Other liabilities

 

673

 

204

206

1,083

Total liabilities

 

19,618

 

1,338

4,918

(882)

24,992

Redeemable noncontrolling interests in equity of subsidiary

575

575

Equity / Attributed net assets

 

7,934

 

234

6,502

14,670

Noncontrolling interests in equity of subsidiaries

 

4,222

 

6

4,228

Total liabilities and equity

$

31,774

 

1,572

12,001

(882)

44,465

5

STATEMENT OF OPERATIONS INFORMATION

Three months ended March 31, 2021

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Consolidated

Group

Group

Group

Liberty

amounts in millions

Revenue:

Sirius XM Holdings revenue

$

2,058

 

2,058

Formula 1 revenue

180

180

Other revenue

 

 

16

16

Total revenue

 

2,058

 

16

180

2,254

Operating costs and expenses, including stock-based compensation (note 2):

Cost of services (exclusive of depreciation shown separately below):

Revenue share and royalties

 

640

 

640

Programming and content

 

130

 

130

Customer service and billing

 

117

 

117

Other

 

52

 

52

Cost of Formula 1 revenue

84

84

Subscriber acquisition costs

 

86

 

86

Other operating expenses

 

64

 

20

84

Selling, general and administrative

 

346

 

21

43

410

Impairment, restructuring and acquisition costs

245

 

245

Depreciation and amortization

 

149

 

15

100

264

 

1,829

 

56

227

2,112

Operating income (loss)

 

229

 

(40)

(47)

142

Other income (expense):

Interest expense

 

(120)

 

(6)

(32)

(158)

Share of earnings (losses) of affiliates, net

 

(113)

 

3

15

(95)

Realized and unrealized gains (losses) on financial instruments, net

 

(86)

 

2

35

(49)

Unrealized gains (losses) on intergroup interests (note 1)

10

(28)

18

Other, net

 

11

 

(1)

5

15

 

(298)

 

(30)

41

(287)

Earnings (loss) before income taxes

 

(69)

 

(70)

(6)

(145)

Income tax (expense) benefit

 

107

 

11

13

131

Net earnings (loss)

 

38

 

(59)

7

(14)

Less net earnings (loss) attributable to the noncontrolling interests

 

49

 

49

Less net earnings (loss) attributable to redeemable noncontrolling interest

 

53

53

Net earnings (loss) attributable to Liberty stockholders

$

(11)

 

(59)

(46)

(116)

6

STATEMENT OF OPERATIONS INFORMATION

Three months ended March 31, 2020

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Consolidated

Group

Group

Group

Liberty

amounts in millions

Revenue:

Sirius XM Holdings revenue

$

1,952

 

1,952

Formula 1 revenue

39

39

Other revenue

 

 

22

22

Total revenue

 

1,952

 

22

39

2,013

Operating costs and expenses, including stock-based compensation (note 2):

Cost of services (exclusive of depreciation shown separately below):

Revenue share and royalties

 

570

 

570

Programming and content

 

118

 

118

Customer service and billing

 

118

 

118

Other

 

44

 

44

Cost of Formula 1 revenue

43

43

Subscriber acquisition costs

 

99

 

99

Other operating expenses

 

71

 

29

100

Selling, general and administrative

 

342

 

22

44

408

Depreciation and amortization

 

148

 

15

104

267

 

1,510

 

66

191

1,767

Operating income (loss)

 

442

 

(44)

(152)

246

Other income (expense):

Interest expense

 

(111)

 

(7)

(46)

(164)

Share of earnings (losses) of affiliates, net

 

(2)

 

4

(64)

(62)

Realized and unrealized gains (losses) on financial instruments, net

 

(5)

 

(9)

15

1

Unrealized gains (losses) on intergroup interests (note 1)

31

95

(126)

Other, net

 

13

 

(1)

5

17

 

(74)

 

82

(216)

(208)

Earnings (loss) before income taxes

 

368

 

38

(368)

38

Income tax (expense) benefit

 

(76)

 

15

25

(36)

Net earnings (loss)

 

292

 

53

(343)

2

Less net earnings (loss) attributable to the noncontrolling interests

 

78

 

78

Net earnings (loss) attributable to Liberty stockholders

$

214

 

53

(343)

(76)

7

STATEMENT OF CASH FLOWS INFORMATION

Three months ended March 31, 2021

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Consolidated

Group

Group

Group

Liberty

amounts in millions

Cash flows from operating activities:

Net earnings (loss)

$

38

 

(59)

7

(14)

Adjustments to reconcile net earnings to net cash provided by operating activities:

Depreciation and amortization

 

149

 

15

100

264

Stock-based compensation

 

54

 

3

6

63

Impairment, restructuring and acquisition costs

245

245

Share of (earnings) loss of affiliates, net

 

113

 

(3)

(15)

95

Unrealized (gains) losses on intergroup interests, net

(10)

28

(18)

Realized and unrealized (gains) losses on financial instruments, net

 

86

 

(2)

(35)

49

Deferred income tax expense (benefit)

 

(121)

 

(7)

(15)

(143)

Intergroup tax allocation

1

(3)

2

Other charges (credits), net

 

(3)

 

2

(1)

Changes in operating assets and liabilities

Current and other assets

 

58

 

36

(102)

(8)

Payables and other liabilities

 

(339)

 

34

252

(53)

Net cash provided (used) by operating activities

 

271

 

42

184

497

Cash flows from investing activities:

Investments in equity method affiliates and debt and equity securities

 

(5)

 

(53)

(58)

Investment of subsidiary initial public offering proceeds into trust account

(575)

(575)

Capital expended for property and equipment, including internal-use software and website development

 

(78)

 

(10)

(3)

(91)

Other investing activities, net

 

8

 

8

Net cash provided (used) by investing activities

 

(75)

 

(10)

(631)

(716)

Cash flows from financing activities:

Borrowings of debt

 

1,083

 

8

(1)

1,090

Repayments of debt

 

(585)

 

(6)

(2)

(593)

Liberty SiriusXM stock repurchases

(107)

(107)

Subsidiary shares repurchased by subsidiary

 

(522)

 

(522)

Cash dividends paid by subsidiary

(14)

(14)

Taxes paid in lieu of shares issued for stock-based compensation

 

(21)

 

(1)

(22)

Proceeds from initial public offering of subsidiary

575

575

Other financing activities, net

(1)

(23)

(24)

Net cash provided (used) by financing activities

 

(166)

 

1

548

383

Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash

(2)

(2)

Net increase (decrease) in cash, cash equivalents and restricted cash

 

30

 

33

99

162

Cash, cash equivalents and restricted cash at beginning of period

 

1,008

 

185

1,684

2,877

Cash, cash equivalents and restricted cash at end of period

$

1,038

 

218

1,783

3,039

8

STATEMENT OF CASH FLOWS INFORMATION

Three months ended March 31, 2020

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Consolidated

Group

Group

Group

Liberty

amounts in millions

Cash flows from operating activities:

Net earnings (loss)

$

292

 

53

(343)

2

Adjustments to reconcile net earnings to net cash provided by operating activities:

Depreciation and amortization

 

148

 

15

104

267

Stock-based compensation

 

58

 

3

6

67

Share of (earnings) loss of affiliates, net

 

2

 

(4)

64

62

Unrealized (gains) losses on intergroup interests, net

(31)

(95)

126

Realized and unrealized (gains) losses on financial instruments, net

 

5

 

9

(15)

(1)

Deferred income tax expense (benefit)

 

67

 

(13)

(15)

39

Intergroup tax allocation

1

(2)

1

Other charges (credits), net

 

4

 

3

3

10

Changes in operating assets and liabilities

Current and other assets

 

72

 

19

(125)

(34)

Payables and other liabilities

 

(214)

 

29

330

145

Net cash provided (used) by operating activities

 

404

 

17

136

557

Cash flows from investing activities:

Investments in equity method affiliates and debt and equity securities

 

(81)

 

(1)

(82)

Return of investment in equity method affiliates

105

105

Capital expended for property and equipment, including internal-use software and website development

 

(62)

 

(24)

(2)

(88)

Other investing activities, net

 

(1)

 

8

7

Net cash provided (used) by investing activities

 

(144)

 

(24)

110

(58)

Cash flows from financing activities:

Borrowings of debt

 

204

 

174

475

853

Repayments of debt

 

(206)

 

(35)

(131)

(372)

Liberty SiriusXM stock repurchases

(69)

(69)

(138)

Subsidiary shares repurchased by subsidiary

 

(243)

 

(243)

Cash dividends paid by subsidiary

(17)

(17)

Taxes paid in lieu of shares issued for stock-based compensation

 

(36)

 

(2)

(38)

Other financing activities, net

(2)

(1)

(4)

(7)

Net cash provided (used) by financing activities

 

(369)

 

138

269

38

Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash

(8)

(8)

Net increase (decrease) in cash, cash equivalents and restricted cash

 

(109)

 

131

507