Company: CCO
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001334978-25-000012
Chunk: 23

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 23
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 in other operating liabilities(5,501)(3,784)Net cash provided by (used for) operating activities14,925 (34,818)Cash flows from investing activities:  Capital expenditures(25,526)(26,204)Asset acquisitions— (8,637)Proceeds from sales of businesses and/or assets, net of direct costs to sell and cash sold617,320 7,658 Other investing activities, net74 (148)Net cash provided by (used for) investing activities591,868 (27,331)Cash flows from financing activities:  Proceeds from long-term debt— 1,657,000 Payments on long-term debt(375,131)(1,635,164)Debt issuance and modification costs(430)(16,388)Taxes paid related to net share settlement of equity awards(984)(68)Payments to noncontrolling interests, net(152)(101)Net cash (used for) provided by financing activities(376,697)5,279 Effect of exchange rate changes on cash, cash equivalents and restricted cash3,504 (760)Net increase (decrease) in cash, cash equivalents and restricted cash233,600 (57,630)Cash, cash equivalents and restricted cash at beginning of period172,072 260,541 Cash, cash equivalents and restricted cash at end of period$405,672 $202,911 Supplemental disclosures:  Cash paid for interest$88,992 $127,140 Cash paid for income taxes, net of refunds$4,396 $6,075 

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