Company: BCO
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000078890-25-000059
Chunk: 238

Company: BRINKS CO
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 238
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9)18.2 14.8 Other3.7 (0.6)(0.2)4.3 (0.4)Discontinued operations— 0.9 — (0.9)0.9 Investing activities$(216.2)(179.8)(331.2)$(36.4)151.4 

Cash used by investing activities increased by $36.4 million in 2024 as compared to 2023. The increase was primarily due to increases in cash paid for the net purchases and sales of marketable securities (we had $14.6 million in net cash paid in 2024 compared to $15.7 million in net cash received in 2023), increases in cash paid for capital expenditures and increases in cash paid for acquisitions 2024. This was partially offset by a decrease in cash received for loans held for investment (we received $7.1 million for loans held for investment in 2024 compared to payments of $11.1 million in 2023), as discussed in Note 20.

41

Capital expenditures and depreciation and amortization were as follows:

Years Ended December 31,$ change(In millions)20242023202220242023Property and Equipment Acquired during the yearCapital expenditures(a):North America$62.6 43.8 41.4 $18.8 2.4 Latin America33.0 48.8 50.1 (15.8)(1.3)Europe76.9 72.1 50.5 4.8 21.6 Rest of World45.6 30.6 34.4 15.0 (3.8)Corporate4.4 7.4 6.2 (3.0)1.2 Capital expenditures$222.5 202.7 182.6 $19.8 20.1 Financing leases:North America$38.4 59.4 46.3 $(21.0)13.1 Latin America21.4 11.0 10.9 10.4 0.1 Europe13.4 21.4 8.1 (8.0)13.3 Rest of World1.9 0.2 0.4 1.7 (0.2)Financing leases$75.1 92.