Company: GPI
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001031203-25-000049
Chunk: 7

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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, net, including repayment of sellers’ floorplan notes payable of $26.8 and $50.3, respectively(320.4)(690.3)Proceeds from disposition of franchises, property and equipment76.1 201.1 Purchases of property and equipment(123.9)(102.9)Escrow payments for acquisitions(3.0)(86.4)Other(0.1)9.4 Net cash used in investing activities(371.3)(669.0)CASH FLOWS FROM FINANCING ACTIVITIES:Borrowings on credit facility — floorplan line and other 7,050.3 6,490.7 Repayments on credit facility — floorplan line and other(7,134.4)(6,112.8)Borrowings on credit facility — acquisition line999.9 464.2 Repayments on credit facility — acquisition line(684.6)(495.0)Debt issuance costs(7.0)(3.8)Borrowings on other debt52.7 377.0 Principal payments on other debt(129.9)(67.7)Proceeds from employee stock purchase plan16.1 13.0 Payments of tax withholding for stock-based compensation(10.0)(6.9)Repurchases of common stock, amounts based on settlement date(167.3)(99.8)Dividends paid(13.1)(12.7)Net cash (used in) provided by financing activities(27.2)546.4 Effect of exchange rate changes on cash6.4 — Net increase in cash and cash equivalents18.3 7.2 CASH AND CASH EQUIVALENTS, beginning of period34.4 57.2 CASH AND CASH EQUIVALENTS, end of period$52.7 $64.4 

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited)8

Table of ContentsGROUP 1 AUTOMOTIVE, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

1. BASIS OF PRESENTATION AND CONSOLIDATION AND ACCOUNTING POLICIES 

Basis of Presentation and ConsolidationThe accompanying Condensed Consolidated Financial Statements and notes thereto, have been prepared in accordance with U.S. GAAP for interim financial information and in accordance with the rules and