PRA GROUP INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
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4 – Goodwill
- Goodwill:
The Company performs an annual review of goodwill as of October 1 of each year, or more frequently if indicators of impairment exist. The Company performed its annual review of goodwill as of October 1, 2023, and concluded that goodwill was not impaired. Changes in goodwill for the years ended December 31, 2023 and 2022, were as follows (amounts in thousands):
| 2023 | 2022 | |
|---|---|---|
| Balance at beginning of year | $435,921 | $480,263 |
| Change in foreign currency translation adjustment | (4,357) | (44,342) |
| Balance at end of year | $431,564 | $435,921 |
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