Company: FOX
Filing Date: 2025-08-06
Form Type: 10-K
Source: 0001628280-25-038077
Chunk: 114

Company: Fox Corp
Filing Date: 2025-08-06
Form: 10-K
Item: Item 8
Chunk 114
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ITEM 8.    FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 

FOX CORPORATION 

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS 

PageManagement’s Report on Internal Control Over Financial Reporting52Reports of Independent Registered Public Accounting Firm (PCAOB ID: 42)53Consolidated Statements of Operations for the fiscal years ended June 30, 2025, 2024 and 202357Consolidated Statements of Comprehensive Income for the fiscal years ended June 30, 2025, 2024 and 202358Consolidated Balance Sheets as of June 30, 2025 and 202459Consolidated Statements of Cash Flows for the fiscal years ended June 30, 2025, 2024 and 202360Consolidated Statements of Equity for the fiscal years ended June 30, 2025, 2024 and 202361Notes to the Consolidated Financial Statements62

51

MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

Management of Fox Corporation is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934, as amended. The Company’s internal control over financial reporting includes those policies and procedures that:

•pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of Fox Corporation;

•provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America;

•provide reasonable assurance that receipts and expenditures of Fox Corporation are being made only in accordance with authorization of management and directors of Fox Corporation; and

•provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets that could have a material effect on the consolidated financial statements.

Fox Corporation’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America. Because of its inherent limitations, internal control over financial reporting, no matter how well designed, may not prevent or detect misstatements. Also, the assessment of the effectiveness of internal control over financial reporting was made as of a specific date. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the