Company: BCO
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0000078890-25-000154
Chunk: 1

Company: BRINKS CO
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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                                                                                                            3,620.0                      2,536.9  
  Repayments                                                                                            ( 3,627.0)                   ( 2,470.8)               
  Other long-term debt:                                                                                                                                       
  Borrowings                                                                                                   8.1                          4.3               
  Repayments                                                                                               ( 28.4)                      ( 26.9)               
  Acquisition of noncontrolling interest                                                                    ( 6.6)                       ( 0.2)               
  Debt financing costs                                                                                      ( 0.8)                            —               
  Repurchase shares of Brink's common stock                                                                ( 44.8)                      ( 23.0)               
  Dividends to:                                                                                                                                               
  Shareholders of Brink’s                                                                                  ( 10.4)                       ( 9.8)               
  Noncontrolling interests in subsidiaries                                                                  ( 0.4)                            —               
  Tax withholdings associated with share-based compensation                                                ( 17.3)                      ( 16.8)               
  Net cash used in financing activities                                                                   ( 124.1)                       ( 1.3)               
  Effect of exchange rate changes on cash                                                                     32.9                      ( 19.8)               
  Cash, cash equivalents and restricted cash:                                                                                                                 
  Decrease                                                                                                ( 200.1)                       ( 3.0)               
  Balance at beginning of period                                                                                        1,840.4                      1,683.6  
  Balance at end of period                                                                                       $      1,640.3                      1,680.6  

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