GROUP 1 AUTOMOTIVE INC

For the period ended Dec 31, 2023. Filed Feb 14, 2024.

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FY2023 · Filed Feb 14, 2024

GPI$264.18-1.6%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Comprehensive Income

(In millions)

	Years Ended December 31,
	2023	2022	2021
NET INCOME	$601.6	$751.5	$552.1
Other comprehensive income (loss), net of taxes:
Net foreign currency translation adjustments:
Unrealized foreign currency translation adjustments	23.7	(27.2)	(6.7)
Reclassification of cumulative foreign currency translation adjustments associated with the Brazil Disposal	—	122.8	—
Reclassification of other cumulative foreign currency translation adjustments	—	1.5	—
Foreign currency translation adjustments, net of reclassifications	23.7	97.1	(6.7)
Net unrealized gain (loss) on interest rate risk management activities, net of tax:
Unrealized gain arising during the period, net of tax provision of $(3.3), $(25.8) and $(6.9), respectively	10.4	84.1	22.6
Reclassification adjustment for (gain) loss included in interest expense, net of tax (provision) benefit of $(7.9), $(0.8) and $1.8, respectively	(25.4)	(2.5)	5.8
Reclassification related to de-designated interest rate swaps, net of tax (provision) benefit of $(1.0), $— and $1.9, respectively	(3.1)	—	6.1
Unrealized (loss) gain on interest rate risk management activities, net of tax	(18.0)	81.6	34.5
OTHER COMPREHENSIVE INCOME, NET OF TAX	5.7	178.7	27.8
COMPREHENSIVE INCOME	$607.3	$930.2	$579.9

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