Company: LAZ
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001628280-25-007441
Chunk: 209

Company: Lazard, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 209
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 in 2027. The lease term is 10 years and has undiscounted future lease payments of approximately $91,000.

11.    GOODWILL AND OTHER INTANGIBLE ASSETS

The components of goodwill and other intangible assets at December 31, 2024 and 2023 are presented below:December 31,20242023Goodwill$393,575 $394,898 Other intangible assets (net of accumulated amortization)– 30 $393,575 $394,928 Changes in the carrying amount of goodwill for the years ended December 31, 2024, 2023 and 2022 are as follows:Year Ended December 31,202420232022Financial AdvisoryAsset ManagementTotalFinancial AdvisoryAsset ManagementTotalFinancial AdvisoryAsset ManagementTotalBalance, January 1$313,628 $81,270 $394,898 $312,699 $64,541 $377,240 $314,880 $64,541 $379,421 Acquisition of   business– – – – 16,729 16,729 – – – Foreign currency    translation   adjustments(1,323)– (1,323)929 – 929 (2,181)– (2,181)Balance, December 31$312,305 $81,270 $393,575 $313,628 $81,270 $394,898 $312,699 $64,541 $377,240 The Company tests goodwill for impairment annually or more frequently if circumstances indicate that impairment may have occurred. Pursuant to the Company’s goodwill impairment tests for the years ended December 31, 2024, 2023 and 2022, the Company determined that no impairment existed.

12.    OTHER ASSETS AND OTHER LIABILITIES

The following table sets forth the Company’s other assets, by type, as of December 31, 2024 and 2023:December 31,20242023Current income and other tax receivables$46,694 $69,700 Prepaid compensation94,329 115,972 Other advances and prepayments112,909 117,452 Other93,626 111,394 Total$347,558 $414,518 

102

LAZARD, INC.NOTES TO CONS