Company: SBAC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001034054-25-000002
Chunk: 10

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 9B
Chunk 10
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    /s/ Jay L. Johnson DirectorFebruary 26, 2025Jay L. Johnson    

54Table of Contents

 SBA COMMUNICATIONS CORPORATION AND SUBSIDIARIESCONSOLIDATED FINANCIAL STATEMENTSTable of Contents      Page    Report of Independent Registered Public Accounting Firm (PCAOB ID: 42) F-1   Consolidated Balance Sheets as of December 31, 2024 and 2023 F-3   Consolidated Statements of Operations for the years ended December 31, 2024, 2023, and 2022F-4   Consolidated Statements of Comprehensive Income for the years ended December 31, 2024, 2023, and 2022F-5   Consolidated Statements of Shareholders’ Deficit for the years ended December 31, 2024, 2023, and 2022F-6   Consolidated Statements of Cash Flows for the years ended December 31, 2024, 2023, and 2022F-7   Notes to Consolidated Financial Statements F-9    

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Report of Independent Registered Public Accounting FirmTo the Shareholders and the Board of Directors of SBA Communications CorporationOpinion on the Financial StatementsWe have audited the accompanying consolidated balance sheets of SBA Communications Corporation and subsidiaries (the Company) as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive income, shareholders' deficit and cash flows for each of the three years in the period ended December 31, 2024, and the related notes and financial statement schedule listed in the Index at Item 15(a)(2) (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with U.S. generally accepted accounting principles.      We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control—Integrated Framework issued by the Committee of S