Exhibit 99.1

Unaudited Attributed Financial Information for Tracking Stock Groups

The following tables present our assets and liabilities as of March 31, 2022 and revenue and expenses for the three months ended March 31, 2022 and 2021 and cash flows for the three months ended March 31, 2022 and 2021. 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 financial information should be read in conjunction with our condensed consolidated financial statements for the three months ended March 31, 2022 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,

2022

2021

amounts in millions

Cash and cash equivalents

$

710

598

Investments in affiliates, accounted for using the equity method

$

806

805

Intangible assets not subject to amortization

$

24,982

24,953

Intangible assets subject to amortization, net

$

1,236

1,269

Total assets

$

31,636

31,674

Deferred revenue

$

1,451

1,454

Long-term debt, including current portion

$

14,681

14,262

Deferred tax liabilities

$

2,221

2,206

Attributed net assets

$

8,092

8,036

Noncontrolling interest

$

3,265

3,565

Summary Statement of Operations Data:

Three months ended

March 31,

2022

2021

amounts in millions

Revenue

$

2,186

2,058

Cost of Sirius XM Holdings services (1)

$

(989)

(939)

Other operating expenses (1)

$

(67)

(64)

Selling, general and administrative expense (1)

$

(404)

(346)

Operating income (loss)

$

484

229

Interest expense

$

(122)

(120)

Income tax (expense) benefit

$

(101)

107

Net earnings (loss) attributable to noncontrolling interests

$

56

49

Earnings (loss) attributable to Liberty stockholders

$

288

(11)

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

Three months ended

March 31,

2022

2021

amounts in millions

Cost of services

$

10

10

Other operating expenses

8

10

Selling, general and administrative expense

31

34

$

49

54

2

Braves Group

Summary Balance Sheet Data:

March 31,

December 31,

2022

2021

amounts in millions

Cash and cash equivalents

$

311

142

Property and equipment, net

$

758

777

Investments in affiliates, accounted for using the equity method

$

114

110

Intangible assets not subject to amortization

$

300

323

Intangible assets subject to amortization, net

$

24

21

Total assets

$

1,663

1,636

Deferred revenue

$

166

83

Long-term debt, including current portion

$

675

697

Deferred tax liabilities

$

54

65

Attributed net assets

$

290

296

Summary Statement of Operations Data:

Three months ended

March 31,

2022

2021

amounts in millions

Revenue

$

23

16

Selling, general and administrative expense (1)

$

(22)

(21)

Operating income (loss)

$

(40)

(40)

Share of earnings (losses) of affiliates, net

$

4

3

Unrealized gains (losses) on intergroup interest

$

1

(28)

Income tax (expense) benefit

$

3

11

Earnings (loss) attributable to Liberty stockholders

$

(13)

(59)

(1)Includes stock-based compensation expense of $3 million and $3 million for the three months ended March 31, 2022 and 2021, respectively.

3

Formula One Group

Summary Balance Sheet Data:

March 31,

December 31,

2022

2021

amounts in millions

Cash and cash equivalents

$

2,265

2,074

Investments in affiliates, accounted for using the equity method

$

27

30

Intangible assets not subject to amortization

$

3,956

3,957

Intangible assets subject to amortization, net

$

3,420

3,507

Total assets

$

11,853

11,664

Long-term debt, including current portion

$

3,695

3,631

Redeemable noncontrolling interests in equity of subsidiary

$

575

575

Attributed net assets

$

6,281

6,340

Summary Statement of Operations Data:

Three months ended

March 31,

2022

2021

amounts in millions

Revenue

$

360

180

Cost of Formula 1 revenue

$

(195)

(84)

Selling, general and administrative expense (1)

$

(56)

(43)

Operating income (loss)

$

19

(47)

Interest expense

$

(29)

(32)

Share of earnings (losses) of affiliates, net

$

15

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

$

(7)

35

Unrealized gains (losses) on intergroup interest

$

(21)

18

Income tax (expense) benefit

$

(2)

13

Earnings (loss) attributable to Liberty stockholders

$

(35)

(46)

(1)Includes stock-based compensation of $3 million and $6 million for the three months ended March 31, 2022 and 2021, respectively.

4

BALANCE SHEET INFORMATION

March 31, 2022

(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

$

710

311

2,265

3,286

 

Trade and other receivables, net

 

650

43

148

841

 

Other current assets

 

789

45

209

1,043

 

Total current assets

 

2,149

399

2,622

5,170

 

Intergroup interests (note 1)

399

189

(588)

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

 

806

114

27

947

 

Property and equipment, at cost

 

2,840

998

217

4,055

 

Accumulated depreciation

 

(1,722)

(240)

(92)

(2,054)

 

 

1,118

758

125

2,001

 

Intangible assets not subject to amortization

Goodwill

 

15,140

176

3,956

19,272

 

FCC licenses

 

8,600

8,600

 

Other

 

1,242

124

1,366

 

 

24,982

300

3,956

29,238

 

Intangible assets subject to amortization, net

 

1,236

24

3,420

4,680

 

Other assets

 

946

68

1,514

(45)

2,483

 

Total assets

$

31,636

1,663

11,853

(633)

44,519

 

Liabilities and Equity

Current liabilities:

Intergroup payable (receivable) (note 3)

$

28

(23)

(5)

Accounts payable and accrued liabilities

1,229

 

58

225

1,512

Current portion of debt

1,669

156

759

2,584

Deferred revenue

 

1,451

 

166

526

2,143

Other current liabilities

 

82

 

4

37

123

Total current liabilities

 

4,459

 

361

1,542

6,362

Long-term debt (note 1)

 

13,012

 

519

2,936

16,467

Deferred income tax liabilities

 

2,221

 

54

(45)

2,230

Redeemable intergroup interests (note 1)

256

332

(588)

Other liabilities

 

587

 

183

162

932

Total liabilities

 

20,279

 

1,373

4,972

(633)

25,991

Redeemable noncontrolling interests in equity of subsidiary

575

575

Equity / Attributed net assets

 

8,092

 

290

6,281

14,663

Noncontrolling interests in equity of subsidiaries

 

3,265

 

25

3,290

Total liabilities and equity

$

31,636

 

1,663

11,853

(633)

44,519

5

STATEMENT OF OPERATIONS INFORMATION

Three months ended March 31, 2022

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Consolidated

Group

Group

Group

Liberty

amounts in millions

Revenue:

Sirius XM Holdings revenue

$

2,186

 

2,186

Formula 1 revenue

360

360

Other revenue

 

 

23

23

Total revenue

 

2,186

 

23

360

2,569

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

Cost of Sirius XM Holdings services (exclusive of depreciation shown separately below):

Revenue share and royalties

 

670

 

670

Programming and content

 

140

 

140

Customer service and billing

 

125

 

125

Other

 

54

 

54

Cost of Formula 1 revenue

195

195

Subscriber acquisition costs

 

90

 

90

Other operating expenses

 

67

 

23

90

Selling, general and administrative

 

404

 

22

56

482

Depreciation and amortization

 

152

 

18

90

260

 

1,702

 

63

341

2,106

Operating income (loss)

 

484

 

(40)

19

463

Other income (expense):

Interest expense

 

(122)

 

(6)

(29)

(157)

Share of earnings (losses) of affiliates, net

 

(18)

 

4

(14)

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

 

61

 

5

(7)

59

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

20

1

(21)

Other, net

 

20

 

20

5

45

 

(39)

 

24

(52)

(67)

Earnings (loss) before income taxes

 

445

 

(16)

(33)

396

Income tax (expense) benefit

 

(101)

 

3

(2)

(100)

Net earnings (loss)

 

344

 

(13)

(35)

296

Less net earnings (loss) attributable to the noncontrolling interests

 

56

 

9

65

Less net earnings (loss) attributable to redeemable noncontrolling interest

 

(9)

(9)

Net earnings (loss) attributable to Liberty stockholders

$

288

 

(13)

(35)

240

6

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 Sirius XM Holdings 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, net of recoveries

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)

7

STATEMENT OF CASH FLOWS INFORMATION

Three months ended March 31, 2022

(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)

$

344

 

(13)

(35)

296

Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:

Depreciation and amortization

 

152

 

18

90

260

Stock-based compensation

 

49

 

3

3

55

Share of (earnings) loss of affiliates, net

 

18

 

(4)

14

Unrealized (gains) losses on intergroup interests, net

(20)

(1)

21

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

 

(61)

 

(5)

7

(59)

Deferred income tax expense (benefit)

 

39

 

(10)

26

55

Intergroup tax allocation

42

7

(49)

Other charges (credits), net

 

(11)

 

(20)

(2)

(33)

Changes in operating assets and liabilities

Current and other assets

 

21

 

23

(158)

(114)

Payables and other liabilities

 

(238)

 

83

232

77

Net cash provided (used) by operating activities

 

335

 

81

135

551

Cash flows from investing activities:

Investments in equity method affiliates and debt and equity securities

 

(1)

 

(5)

(3)

(9)

Cash proceeds from dispositions

50

47

97

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

 

(97)

 

(4)

(10)

(111)

Other investing activities, net

 

(42)

 

76

34

Net cash provided (used) by investing activities

 

(90)

 

38

63

11

Cash flows from financing activities:

Borrowings of debt

 

1,740

 

15

1,755

Repayments of debt

 

(1,204)

 

(37)

(1)

(1,242)

Liberty stock repurchases

(202)

(37)

(239)

Subsidiary shares repurchased by subsidiary

 

(206)

 

(206)

Cash dividends paid by subsidiary

(201)

(201)

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

 

(61)

 

26

(35)

Other financing activities, net

1

(4)

7

4

Net cash provided (used) by financing activities

 

(133)

 

(26)

(5)

(164)

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

 

112

 

93

191

396

Cash, cash equivalents and restricted cash at beginning of period

 

606

 

244

2,074

2,924

Cash, cash equivalents and restricted cash at end of period

$

718

 

337

2,265

3,320

8

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 (loss) to net cash provided by operating activities:

Depreciation and amortization

 

149

 

15

100

264

Stock-based compensation

 

54

 

3

6

63

Non-cash impairment and restructuring 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 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