Home
To Our Shareholders
Brink's, Incorporated
Brink's Home Security
BAX Global
2003 Financial Review
Financial Highlights
Management’s Discussion and Analysis
Statement of Management Responsibility
Independent Auditors Report
Consolidated Financial Statements
Notes to Consolidated Financial Statements
Selected Financial Data
Board of Directors and Senior Management
Corporate Information
The Brink's Company
2003 Financial Review
Financial Highlights
Management’s Discussion and Analysis of Results of Operations and Financial Condition
Operations
Results of Operations
Overview
Consolidated Review
Brink’s, Incorporated
Brink’s Home Security
BAX Global
Corporate Expense - The Brink’s Company
Retained Liabilities and Assets of Former Natural Resource Operations
Overview
Legacy Liabilities and Assets
Projected Payments and Expenses of Retained Coal Liabilities and Administrative Costs
Company-Sponsored Retiree Medical Benifits
Health Benefit Act Obligations
Black Lung Obligations
Withdrawal Liabilities
VEBA
Discontinued Operations
Sale of Other National Resources Assets
Other Operating Income, Net
Nonoperating Income and Expense
Income Taxes
Foreign Operations
Liquidity and Capital Resources
Overview
Summary of Cash Flow Information
Operating Activities
Investing Activities
Business Segment Cash Flows
Financing Activities
Capitalization
Off Balance Sheet Arrangements
Contractual Obligations
Other Potential Use of Credit
Other Contingent Gains and Losses
Market Risk Exposures
Application of Critical Accounting Policies
Recent Accounting Pronouncements
Forward-Looking Information
Statement of Management Responsibility
Independant Auditors’ Report
Consolidated Financial Statements
Consolidated Balance Sheets
Consolidated Statements of Operations
Consolidated Statements of Comprehensive Income (Loss)
Consolidated Statements of Shareholders’ Equity
Consolidated Statements of Cash Flows
Notes to Consolidated Financial Statements
Note 1 - Summary of Significant Account Policies
Note 2 - Segment Information
Note 3 - Earnings Per Share
Note 4 - Employee and Retiree Benefits
Note 5 - Investments held by VEBA Trust
Note 6 - Former Natural Resource Operations
Note 7 - Costs Associated With Exit Activities
Note 8 - Property and Equipment
Note 9 - Impairment of Long-Lived Assets
Note 10 - Other Assets
Note 11 - Accrued Liabilities
Note 12 - Other Liabilities
Note 13 - Long-Term Debt
Note 14 - Accounts Receivable and Asset Securitization
Note 15 - Operating Leases
Note 16 - Equity-Based Compensation Plans
Note 17 - Capital Stock
Note 18 - Income Taxes
Note 19 - Supplemental Cash Flow Information
Note 20 - Other Operating Income, Net
Note 21 - Other Nonoperating Income (Expense), Net
Note 22 - Risk Management
Note 23 - Other Commitments and Contingencies
Note 24 - Selected Quarterly Financial Data (unaudited)
Selected Financial Data
Board of Directors and Senior Management
The Brink’s Company Executive Officers
Corporate Information
