18 unchanged sentences
In addition, the Company has adopted a Supplemental Code of Ethics applicable to our principal executive officer, principal financial officer, principal accounting officer and controller or persons performing similar functions.
−Removed: Both the Code of Conduct and the Supplemental Code of Ethics are available in the Investor Relations section of our website at www.outfrontmedia.com.
−Removed: We intend to satisfy the disclosure requirements under Item 5.05 of Form 8-K regarding any amendment to, or waiver from, a provision of the Code of Conduct or the Supplemental Code of Ethics that applies to our principal executive officer, principal financial officer, principal accounting officer and controller or persons performing similar functions, and relates to any element of the definition of code of ethics set forth in Item 406(b) of Regulation S-K, by posting such information on our website at www.outfrontmedia.com.
+Added: Both the Code of Conduct and the Supplemental Code of Ethics are available in the Investor Relations section of our website at www.outfront.com.
+Added: We intend to satisfy the disclosure requirements under Item 5.05 of Form 8-K regarding any amendment to, or waiver from, a provision of the Code of Conduct or the Supplemental Code of Ethics that applies to our principal executive officer, principal financial officer, principal accounting officer and controller or persons performing similar functions, and relates to any element of the definition of code of ethics set forth in Item 406(b) of Regulation S-K, by posting such information on our website at www.outfront.com.
All additional information required by this item is incorporated by reference to our Proxy Statement for the 2023 Annual Meeting of Stockholders to be filed with the SEC within 120 days of the fiscal year ended December 31, 2022.
68 unchanged sentences
Gross real estate assets:
−Removed: Balance at the beginning of the year (a)
−Removed: $ 1,993.0 $ 1,962.2 $ 1,886.9
+Added: Balance at the beginning of the year $ 2,040.3 $ 1,993.0 $ 1,962.2
New Investments 33.2 28.3 9.0
4 unchanged sentences
Additions for construction of / improvements to structures 109.4 61.7 36.9
−Removed: Assets sold or written-off (a)
−Removed: ( 14.6 ) ( 14.8 ) ( 12.1 )
+Added: Assets sold or written-off ( 9.0 ) ( 14.6 ) ( 14.8 )
Foreign exchange ( 21.7 ) 0.2 8.7
−Removed: Balance at the end of the year (a)
−Removed: $ 2,040.3 $ 1,993.0 $ 1,962.2
+Added: Balance at the end of the year $ 2,119.0 $ 2,040.3 $ 1,993.0
Accumulated depreciation:
−Removed: Balance at the beginning of the year (a)
−Removed: $ 1,448.2 $ 1,391.3 $ 1,323.2
+Added: Balance at the beginning of the year $ 1,490.9 $ 1,448.2 $ 1,391.3
Depreciation 56.1 56.0 61.6
−Removed: Assets sold or written-off (a)
−Removed: ( 13.5 ) ( 12.8 ) ( 10.7 )
+Added: Assets sold or written-off ( 7.5 ) ( 13.5 ) ( 12.8 )
Foreign exchange ( 20.0 ) 0.2 8.1
−Removed: Balance at the end of the year (a)
−Removed: $ 1,490.9 $ 1,448.2 $ 1,391.3
−Removed: (a) Certain real estate assets were fully depreciated and no longer being utilized prior to 2019.
−Removed: As a result, we have revised previously reported assets sold or written off and the related accumulated depreciation as of December 31, 2019.
−Removed: The revision, which has no impact on the Consolidated Statement of Financial Position, increased previously reported assets sold or written off by $ 2.7 million, and accumulated depreciation related to assets sold or written off by $ 2.7 million .
+Added: Balance at the end of the year $ 1,519.5 $ 1,490.9 $ 1,448.2
(a)(3) Exhibits.
18 unchanged sentences
(incorporated herein by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K (File No.
−Removed: 001-36367), filed on February 26, 2019).
+Added: 001-36367), filed on December 9, 2022).
3.3 Articles Supplementary of OUTFRONT Media Inc.
9 unchanged sentences
001-36367), filed on January 19, 2021).
−Removed: 4.5 Description of OUTFRONT Media Inc.
−Removed: Common Stock.
+Added: 4.5 Description of O UTFRONT Media Inc.
+Added: Common S tock.
10.1 Advertising License Agreement, entered into December 8, 2017, to be effective as of November 1, 2017, by and between the Metropolitan Transportation Authority and Outfront Media Group LLC (incorporated herein by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K (File No.
29 unchanged sentences
001-36367), filed on July 23, 2019).
−Removed: 10.11 Amended and Restated Master Framework Agreement, dated as of July 19, 2019, by and among Outfront Media LLC, Outfront Media Outernet Inc., MUFG Bank, Ltd.
−Removed: and the originators party thereto (incorporated herein by reference to Exhibit 10.5 to the Company’s Current Report on Form 8-K (File No.
−Removed: 001-36367), filed on July 23, 2019).
−Removed: 10.12 Master Repurchase Agreement, dated as of July 19, 2019, between Outfront Media Outernet Inc.
−Removed: and MUFG Bank, Ltd.
−Removed: (incorporated herein by reference to Exhibit 10.6 to the Company’s Current Report on Form 8-K (File No.
−Removed: 001-36367), filed on July 23, 2019).
−Removed: 10.13 Master Repurchase Agreement, dated as of September 6, 2018, between Outfront Media LLC and MUFG Bank, Ltd.
−Removed: (incorporated herein by reference to Exhibit 10.4 to the Company’s Current Report on Form 8-K (File No.
−Removed: 001-36367), filed on September 7, 2018).
10.11 Amended and Restated Guaranty, dated as of July 19, 2019, between OUTFRONT Media Inc.
47 unchanged sentences
10.33 Amendment No.
−Removed: 2 to Amended and Restated Master Framework Agreement, dated as of June 18, 2020, by and among OUTFRONT Media Inc., Outfront Media LLC, Outfront Media Outernet Inc., MUFG Bank, Ltd.
−Removed: and the originators party thereto (incorporated herein by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K (File No.
−Removed: 001-36367), filed on June 22, 2020).
−Removed: 10.37 Amendment No.
−Removed: 1 to Master Repurchase Agreement, dated as of June 18, 2020, between Outfront Media Outernet Inc.
−Removed: and MUFG Bank, Ltd.
−Removed: (incorporated herein by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K (File No.
−Removed: 001-36367), filed on June 22, 2020).
−Removed: 10.38 Amendment No.
−Removed: 1 to Master Repurchase Agreement, dated as of June 18, 2020, between Outfront Media LLC and MUFG Bank, Ltd.
−Removed: (incorporated herein by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K (File No.
−Removed: 001-36367), filed on June 22, 2020).
−Removed: 10.39 Amendment No.
7, dated as of July 29, 2021, by and between the Metropolitan Transportation Authority and Outfront Media Group LLC, to Advertising License Agreement, entered into December 8, 2017 (effective as of November 1, 2017) (incorporated herein by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K (File No.
001-36367), filed on August 4, 2021).
+Added: 10.34 Fourth Omnibus Amendment, dated as of June 1, 2022, by and among OUTFRONT Media Inc., Outfront Media LLC, Outfront Media Receivables LLC, Outfront Media Receivables TRS, LLC, the originators party thereto, MUFG Bank, Ltd., the other parties thereto from time to time as purchasers and group agents, and Gotham Funding Corporation (incorporated herein by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K (File No.
+Added: 001-36367), filed on June 2, 2022).
21.1 List of Subsidiaries of OUTFRONT Media Inc.
−Removed: 23.1 Consent of PricewaterhouseCoopers LLP.
+Added: 23.1 Consent of Pri cew a t er h ouseCoopers LL P.
24.1 Power of Attorney (included on the signature page of this Annual Report on Form 10-K and incorporated herein by reference).
50 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.