Investor Presentaiton
2017-2019 Non-GAAP Results Reconciled to GAAP (1 of 2)
The Brink's Company and subsidiaries
Non-GAAP Reconciliations
(In millions)
2017
Revenues:
GAAP
Venezuela operations
$
(a)
3,347.0
(154.1)
Acquisitions and dispositions (a)
Internal loss
(a)
Non-GAAP
Adjusted EBITDA (1):
Net income (loss) attributable to Brink's - GAAP
Interest expense - GAAP
Income tax provision - GAAP
Depreciation and amortization - GAAP
EBITDA
Discontinued operations - GAAP
Retirement plans (b)
Venezuela operations (a)(h)
Reorganization and Restructuring (a)
Acquisitions and dispositions (a)
Argentina highly inflationary impact(a)
Internal loss
(a)
Reporting compliance (a)
Prepayment penalties"
(c)
(d)
Interest on Brazil tax claim
Loss on deconsolidation of Venezuela operations (e)
Gain on lease termination (f)
(g)
Share-based compensation (9
Adjusted EBITDA
Amounts may not add due to rounding.
See slide 11 for footnote explanations.
2018
3,488.9
(51.4)
2019
3,683.2
0.5
(4.0)
$
3,192.9
$
3,437.5
$
3,679.7
16.7
$
(33.3)
29.0
32.2
66.7
90.6
157.7
70.0
61.0
146.6
162.3
185.0
$
353.2
$
265.7
$
365.6
0.2
(0.7)
34.9
33.2
47.3
(13.7)
(1.0)
0.9
19.6
18.7
28.6
3.2
28.1
56.8
7.5
12.7
20.9
4.5
2.1
8.3
1.6
I
126.7
(5.2)
17.7
28.3
35.0
$
425.0
$
511.7
$
564.0
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