BRINKS CO
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
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Consolidated Statements of Equity
Years Ended December 31, 2024, 2023 and 2022
| (In millions) | Shares | CommonStock | Capital in Excess of Par Value | RetainedEarnings | AOCI* | NoncontrollingInterests | Total |
|---|---|---|---|---|---|---|---|
| Balance as of December 31, 2021 | 47.4 | $47.4 | 670.6 | 312.9 | (907.9) | 129.6 | 252.6 |
| Net income | — | — | — | 170.6 | — | 11.3 | 181.9 |
| Other comprehensive income (loss) | — | — | — | — | 207.3 | (6.3) | 201.0 |
| Shares repurchased | (1.5) | (1.5) | (22.1) | (28.6) | — | — | (52.2) |
| Dividends to: | |||||||
| Brink’s common shareholders ($0.8000 per share) | — | — | — | (37.6) | — | — | (37.6) |
| Noncontrolling interests | — | — | — | — | — | (7.1) | (7.1) |
| Share-based compensation: | |||||||
| Stock options and awards: | |||||||
| Compensation expense | — | — | 48.6 | — | — | — | 48.6 |
| Other share-based benefit transactions | 0.4 | 0.4 | (9.7) | (0.1) | — | — | (9.4) |
| Acquisitions of noncontrolling interests(a) | — | — | (3.3) | — | 0.1 | (4.6) | (7.8) |
| Acquisitions with noncontrolling interests | — | — | — | — | — | 0.1 | 0.1 |
| Capital contributions from noncontrolling interest | — | — | — | — | — | 0.1 | 0.1 |
| Balance as of December 31, 2022 | 46.3 | 46.3 | 684.1 | 417.2 | (700.5) | 123.1 | 570.2 |
| Net income | — | — | — | 87.7 | — | 10.6 | 98.3 |
| Other comprehensive income (loss) | — | — | — | — | 44.5 | (2.3) | 42.2 |
| Shares repurchased(b) | (2.3) | (2.3) | (38.9) | (132.1) | — | — | (173.3) |
| Dividends to: | |||||||
| Brink’s common shareholders ($0.8600 per share) | — | — | — | (39.6) | — | — | (39.6) |
| Noncontrolling interests | — | — | — | — | — | (7.7) | (7.7) |
| Share-based compensation: | |||||||
| Stock options and awards: | |||||||
| Compensation expense | — | — | 32.1 | — | — | — | 32.1 |
| Other share-based benefit transactions | 0.5 | 0.5 | (1.7) | (0.2) | — | — | (1.4) |
| Acquisitions of noncontrolling interests | — | — | 0.3 | — | — | (0.9) | (0.6) |
| Balance as of December 31, 2023 | 44.5 | 44.5 | 675.9 | 333.0 | (656.0) | 122.8 | 520.2 |
| Net income | — | — | — | 162.9 | — | 11.8 | 174.7 |
| Other comprehensive loss | — | — | — | — | (148.1) | (0.5) | (148.6) |
| Shares repurchased(b) | (2.1) | (2.1) | (34.6) | (168.5) | — | — | (205.2) |
| Dividends to: | |||||||
| Brink’s common shareholders ($0.9475 per share) | — | — | — | (41.8) | — | — | (41.8) |
| Noncontrolling interests | — | — | — | — | — | (6.1) | (6.1) |
| Share-based compensation: | |||||||
| Stock options and awards: | |||||||
| Compensation expense | — | — | 36.5 | — | — | — | 36.5 |
| Other share-based benefit transactions | 0.5 | 0.5 | (17.3) | (0.2) | — | — | (17.0) |
| Acquisitions of noncontrolling interests | — | — | 0.2 | — | — | (0.4) | (0.2) |
| Balance as of December 31, 2024 | 42.9 | $42.9 | 660.7 | 285.4 | (804.1) | 127.6 | 312.5 |
(a)This amount represents the impact of transactions in which we acquired or disposed of noncontrolling ownership interests in certain companies where we had an existing controlling interest prior to and after the related acquisition or disposal transactions.
(b)Amounts do not agree to cash paid to repurchase shares in the consolidated statements of cash flows or Note 19. The difference is due to the timing of the cash settlements for shares repurchased near the end of the year plus the accrual of liabilities to pay excise taxes resulting from share repurchases.
- Accumulated other comprehensive income (loss)
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