Company: CCO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001334978-25-000008
Chunk: 105

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 105
---
)Other comprehensive loss(13)— — — (30,493)— (30,506)Balances at December 31, 2024503,245,029 $11,669 $5,032 $3,589,930 $(6,960,129)$(257,837)$(28,448)$(3,639,783)

See Notes to Consolidated Financial Statements

51

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)Year Ended December 31,202420232022Cash flows from operating activities:Consolidated net loss$(175,878)$(308,816)$(94,388)Reconciling items:Non-cash operating lease expense270,492 299,339 334,827 Depreciation, amortization and impairment charges239,572 258,344 293,355 Loss (gain) on classification as held for sale and disposition of businesses and/or operating assets, net28,606 100,043 (12,035)Share-based compensation26,214 20,488 21,148 Amortization of deferred financing charges and note discounts11,640 11,666 11,236 Foreign exchange transaction (gain) loss(6,592)(12,372)39,141 Credit loss expense2,876 4,096 6,479 Deferred taxes(11,496)(12,243)(81,840)Loss or gain on extinguishment of debt and debt modification expense, net16,768 631 — Other reconciling items, net2,664 2,305 (2,143)Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:Increase in accounts receivable(23,890)(35,757)(20,532)Decrease (increase) in prepaid expenses and other operating assets9,231 (17,986)(15,294)(Decrease) increase in accounts payable and accrued expenses(31,416)6,819 638 Decrease in operating lease liabilities (cash payments, net of interest)(280,025)(306,970)(349,204)(Decrease) increase in accrued interest(6,726)17,896 14,005 Increase (decrease) in deferred revenue13,249 5,449 (2,780)(Decrease