Skip to main content

CONDUENT Inc

For the period ended Dec 31, 2023. Filed Feb 21, 2024.

View on SEC.gov

About this filing

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 21, 2024

CNDT$1.37-1.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Item 15. Exhibits and Financial Statement Schedules

(a)

  1. Index to Financial Statements filed as part of this report:

Report of Independent Registered Public Accounting Firm (PCAOB ID:238);

Consolidated Statements of Income (Loss) for each of the years in the three-year period ended December 31, 2023;

Consolidated Statements of Comprehensive Income (Loss) for each of the years in the three-year period ended December 31, 2023;

Consolidated Balance Sheets as of December 31, 2023 and 2022;

Consolidated Statements of Cash Flows for each of the years in the three-year period ended December 31, 2023;

Consolidated Statements of Shareholders' Equity for each of the years in the three-year period ended December 31, 2023;

Notes to the Consolidated Financial Statements; and

All other schedules are omitted as they are not applicable, or the information required is included in the financial statements or notes thereto.

  1. Financial Statement Schedules:

Schedule II–Valuation and Qualifying Accounts for each of the three years in the period ended December 31, 2023.

  1. The exhibits filed herewith are set forth in the exhibit Index included herein.

(b) Management contracts or compensatory plans or arrangements listed that are applicable to the executive officers named in the Summary Compensation Table which appears in the Registrant's 2024 Proxy Statement or to our directors are preceded by an asterisk (*).

Table of Contents

SCHEDULE II

Valuation and Qualifying Accounts

For the three years ended December 31, 2023

(in millions) · Balanceat beginningof period · Additionscharged toexpense(1)(4) · Amounts (credited) charged to other income statement accounts (2) · Deductions and other, net of recoveries (3)(4) · Balanceat endof period
Allowance for Credit Losses:
2023Accounts Receivable$—$—$—$—$—
2022Accounts Receivable—————
2021Accounts Receivable21—(3)—
Tax Valuation Allowance:
2023Tax Valuation1029—(11)100
2022Tax Valuation8234—(14)102
2021Tax Valuation8310—(11)82

(1)Account Receivables/Contract Assets: additions charged to expense represent bad debt provisions relate to estimated losses due to credit and similar collectability issues.

(2)Account Receivables: Other charges (credits) relate to adjustments to reserves necessary to reflect events of non-payment such as customer accommodations and contract terminations.

(3)Account Receivables/Contract Assets: Deductions and other, net of recoveries primarily relates to receivable and contract asset write-offs, but also includes reclassification to other balance sheet accounts, the impact of foreign currency translation adjustments and recoveries of previously written off receivables and contract assets.

(4)Tax Valuation: tax valuation allowance are primarily related to certain net operating loss carryforwards, tax credit carryforwards and deductible temporary differences for which we have concluded it is more-likely-than-not that these items will not be realized in the ordinary course of operations.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.