Company: SBAC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001034054-25-000002
Chunk: 3

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 9B
Chunk 3
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977)   (119,307)   (23,638)Other (4)  (248,238)   82,622    (164)Total deductions  (322,652)   (44,709)   (24,412)Balance at end$ 8,213,791 $ 8,231,510  $ 7,993,750 (1)Inclusive of changes between the final purchase price allocation and the preliminary purchase price allocations. Amounts as of December 31, 2022 include the acquisition of sites from GTS.(2)Represents changes to the Company’s asset retirement obligations.(3)Impairment charges for the year ended December 31, 2023 include the impact of the planned abandonment of identified sites with minimal expectations of future economic benefit (primarily from Sprint and Oi related churn).(4)Primarily represents cumulative translation adjustments related to changes in foreign currency exchange rates.                                                                     2024 2023 2022                                          (in thousands)Gross amount of accumulated depreciation at beginning$ (4,232,369) $ (3,925,893) $ (3,644,238)Additions during period:         Depreciation (1)  (128,548)   (300,458)   (285,918)Other (2)  (693)   (14,339)   (3,382)Total additions  (129,241)   (314,797)   (289,300)Deductions during period:        Amount of accumulated depreciation for assets sold or disposed  24,210   8,070    7,505 Other (2)  45,540    251    140 Total deductions  69,750   8,321    7,645 Balance at end$ (4,291,860) $ (4,232,369) $ (3,925,893)

49Table of Contents

 (1)Amounts as of December 31, 2022 include the depreciation related to the acquisition of sites from GTS.(2)Primarily represents cumulative translation adjustments related to changes in foreign currency exchange rates.(3) Exhibits                   Incorporated by ReferenceExhibit No. Exhibit Description Form Period Covered or Date of Filing3.1 Amended and Restated Articles of Incorporation of SBA Communications Corporation, effective as of January 13, 2017. 8-K