Company: BCO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000078890-25-000253
Chunk: 0

Company: BRINKS CO
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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8)                      ( 17.2)               
  Other                                                                                                    ( 1.6)                            —               
  Net cash (used in) provided by financing activities                                                           $      ( 38.1)            99.1               
  Effect of exchange rate changes on cash                                                                   113.6                      ( 46.1)               
  Cash, cash equivalents and restricted cash:                                                                                                                
  Increase (decrease)                                                                                        61.7                      ( 65.6)               
  Balance at beginning of period                                                                                       1,840.4                      1,683.6  
  Balance at end of period                                                                                      $      1,902.1                      1,618.0  

See accompanying notes to condensed consolidated financial statements.

THE BRINK’ S COMPANY

and subsidiaries

Notes to Condensed Consolidated Financial Statements

(Unaudited)

Note 1 - Basis of presentation

The Brink’s Company (along with its subsidiaries, “ Brink’s”, the “ Company”, “we”, “us” or “our”) has four

• North America

• Latin America

• Europe

• Rest of World

Our unaudited interim condensed consolidated financial statements have been prepared in accordance with U. S. generally accepted accounting principles (“ GAAP”) for interim financial reporting and applicable quarterly reporting regulations of the Securities and Exchange Commission (the “ SEC”). Accordingly, the unaudited condensed consolidated financial statements do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for interim periods are not necessarily indicative of the results that may be expected for the full year. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes in our Annual Report on Form 10-K for the year ended December 31, 2024.

Use of Estimates

In accordance with GAAP, we have made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these condensed consolidated financial statements. Actual results could differ materially from these estimates. The most significant estimates are related to goodwill, intangibles and other long-lived assets, pension and other retirement benefit assets and obligations, legal contingencies, allowance for doubtful accounts, deferred tax assets and purchase price allocations.

Consolidation

The condensed consolidated financial statements include our controlled subsidiaries. Control is determined based