Company: BCO
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000078890-25-000059
Chunk: 160

Company: BRINKS CO
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 160
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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

THE BRINK’S COMPANY

CONSOLIDATED FINANCIAL STATEMENTS

AS OF DECEMBER 31, 2024 AND 2023 

AND FOR EACH OF THE YEARS IN THE THREE-YEAR PERIOD ENDED DECEMBER 31, 2024

TABLE OF CONTENTS

  Page   REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMReport of Independent Registered Public Accounting Firm - (PCAOB ID 185)61   CONSOLIDATED FINANCIAL STATEMENTS  Consolidated Balance Sheets62 Consolidated Statements of Operations63 Consolidated Statements of Comprehensive Income (Loss)64 Consolidated Statements of Equity65 Consolidated Statements of Cash Flows65   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  Note 1 – Summary of Significant Accounting Policies66Note 2 – Revenue from Contracts with Customers71 Note 3 – Segment Information74 Note 4 – Retirement Benefits79 Note 5 – Income Taxes89 Note 6 – Property and Equipment92Note 7 – Acquisitions and Dispositions93 Note 8 – Goodwill and Other Intangible Assets94 Note 9 – Prepaid Expenses and Other96 Note 10 – Other Assets96 Note 11 – Accumulated Other Comprehensive Income (Loss)97 Note 12 – Fair Value of Financial Instruments100 Note 13 – Accrued Liabilities104 Note 14 – Other Liabilities104 Note 15 – Debt105 Note 16 – Accounts Receivable and Credit Losses108 Note 17 – Leases109 Note 18 – Share-Based Compensation Plans111 Note 19 – Capital Stock116 Note 20 – Supplemental Cash Flow Information117 Note 21 – Other Operating Income (Expense)118 Note 22 – Interest and Other Nonoperating Income (Expense)118 Note 23 – Other Commitments and Contingencies119 Note 24 – Reorganization and Restructuring119

60

Report of Independent Registered Public Accounting Firm

To the Shareholders and Board of Directors

The Brink's Company:

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheets of The Brink's Company and subsidiaries (the Company) as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive income (loss