Company: CIO
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000950170-25-023714
Chunk: 2

Company: City Office REIT, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 15
Chunk 2
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52

Table of Contents

 CITY OFFICE REIT, INC. ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2024INDEX TO FINANCIAL STATEMENTS AND SCHEDULE 

     Page

     Report of Independent Registered Public Accounting Firm (PCAOB ID: 85)
      
     54

     Consolidated Balance Sheets as of December 31, 2024 and December 31, 2023
      
     57

     Consolidated Statements of Operations for the Years Ended December 31, 2024, December 31, 2023 and December 31, 2022
      
     58

     Consolidated Statements of Comprehensive (Loss)/Income for the Years Ended December 31, 2024, December 31, 2023 and December 31, 2022
      
     59

     Consolidated Statements of Changes in Equity for the Years Ended December 31, 2024, December 31, 2023 and December 31, 2022
      
     60

     Consolidated Statements of Cash Flows for the Years Ended December 31, 2024, December 31, 2023 and December 31, 2022
      
     61

     Notes to Consolidated Financial Statements
      
     62

     Schedule III – Real Estate Properties and Accumulated Depreciation
      
     78

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Table of Contents

 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMTo the Stockholders and Board of DirectorsCity Office REIT, Inc.Opinion on the Consolidated Financial StatementsWe have audited the accompanying consolidated balance sheets of City Office REIT, Inc. (the Company) as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive (loss)/income, changes in equity, and cash flows for each of the years in the three‑year period ended December 31, 2024, and the related notes and financial statement schedule III (collectively, the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the years in the three‑year period ended December 31, 2024, in conformity with