Company: CCO
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001334978-25-000027
Chunk: 7

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 7
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)Asset acquisitions— (8,813)Proceeds from sales of businesses and/or assets, net of direct costs to sell and cash sold599,292 10,305 Other investing activities, net74 (492)Net cash provided by (used for) investing activities557,286 (50,828)Cash flows from financing activities:  Proceeds from long-term debt— 1,657,000 Payments on long-term debt(574,673)(1,635,270)Debt issuance and modification costs(1,421)(18,890)Taxes paid related to net share settlement of equity awards(4,412)(4,697)Payments to noncontrolling interests, net(4,775)(3,854)Net cash used for financing activities(585,281)(5,711)Effect of exchange rate changes on cash, cash equivalents and restricted cash4,414 (2,093)Net decrease in cash, cash equivalents and restricted cash(21,255)(62,604)Cash, cash equivalents and restricted cash at beginning of period172,072 260,541 Cash, cash equivalents and restricted cash at end of period$150,817 $197,937 Supplemental disclosures:  Cash paid for interest$210,220 $218,521 Cash paid for income taxes, net of refunds$6,737 $9,896 

See Condensed Notes to Consolidated Financial Statements

7

Table of ContentsCLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIESCONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED)

NOTE 1 – BASIS OF PRESENTATION

Principles of ConsolidationThese consolidated financial statements include the accounts of Clear Channel Outdoor Holdings, Inc. (“CCOH”) and its subsidiaries, as well as entities in which the Company has a controlling financial interest or is the primary beneficiary. Noncontrolling interests are reported separately within equity. Intercompany transactions are eliminated in consolidation. All references in this Quarterly Report on Form 10-Q to “the Company,” “we,” “us” and “our” refer to Clear Channel Outdoor Holdings, Inc. and its consolidated subsidiaries.Preparation of Interim Financial StatementsThese consolidated financial statements and accompanying notes have been prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) applicable to interim financial reporting and, in the opinion of management, include all normal and recurring adjustments