Company: LAZ
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001628280-25-007441
Chunk: 11

Company: Lazard, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 11
---
 expenses395,961 – – Contributions from noncontrolling interests2,411 2,077 514 Payments for:   Extinguishment of senior debt(399,149)– – Distributions to noncontrolling interests(1,822)(5,802)(32,051)Tax receivable agreement(30,951)(32,208)(21,036)Distribution to redeemable noncontrolling interests in connection with LGAC redemption– (585,891)– Purchase of common stock(59,500)(102,051)(691,705)Common stock dividends(179,017)(173,075)(181,880)Settlement of share-based incentive compensation in satisfaction of tax withholding requirements(64,344)(54,529)(61,916)LFI Consolidated Funds redemptions(35,607)(35,238)(10,020)Other financing activities(19,167)(12,452)(10,897)Net cash used in financing activities(439,669)(1,571,194)(1,382,035)EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH(52,846)30,438 (186,125)NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH384,385 (1,414,417)(790,614)CASH AND CASH EQUIVALENTS AND RESTRICTED CASH— January 11,224,983 2,639,400 3,430,014 CASH AND CASH EQUIVALENTS AND RESTRICTED CASH— December 31$1,609,368 $1,224,983 $2,639,400 

See notes to consolidated financial statements.77

RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH WITHIN THE CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION:December 31,202420232022Cash and cash equivalents$1,308,218 $971,316 $1,234,773 Deposits with banks and short-term investments268,684 219,576 779,246 Restricted cash32,466 34,091 625,381 TOTAL CASH AND CASH EQUIVALENTS AND RESTRICTED CASH$1