CONDUENT Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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FY2024 · Filed Feb 19, 2025
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Item 15. Exhibits and Financial Statement Schedules
(a)
- 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, 2024;
Consolidated Statements of Comprehensive Income (Loss) for each of the years in the three-year period ended December 31, 2024;
Consolidated Balance Sheets as of December 31, 2024 and 2023;
Consolidated Statements of Cash Flows for each of the years in the three-year period ended December 31, 2024;
Consolidated Statements of Shareholders' Equity for each of the years in the three-year period ended December 31, 2024;
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.
- Financial Statement Schedules:
Schedule II–Valuation and Qualifying Accounts for each of the three years in the period ended December 31, 2024.
Table of Contents
- 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 2025 Proxy Statement or to our directors are preceded by an asterisk (*).
SCHEDULE II
Valuation and Qualifying Accounts
No allowances or recoveries for credit losses were recorded for the three years ended December 31, 2024. Activity in tax valuation allowances for the three years ended December 31, 2024 is shown below:
| (in millions) · Balanceat beginningof period · Additionscharged toexpense · Amounts (credited) charged to other income statement accounts · Deductions and other, net of recoveries · Balanceat endof period | ||||||
|---|---|---|---|---|---|---|
| Tax Valuation Allowance(1): | ||||||
| 2024 | Tax Valuation | 100 | 14 | — | (19) | 95 |
| 2023 | Tax Valuation | 102 | 9 | — | (11) | 100 |
| 2022 | Tax Valuation | 82 | 34 | — | (14) | 102 |
(1)Tax valuation allowances 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.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.