PRA Group, Inc. (PRAA) Financial Statements (2023 and Earlier)

Company Profile

Business Address 120 CORPORATE BLVD STE 100
NORFOLK, VA 23502
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 732 - Consumer Credit Reporting Agencies, Mercantile (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments881091201201219471
Cash and cash equivalents88109120991219471
Short-term investments   22   
Receivables412218172292
Funds held for clients    044
Disposal group, including discontinued operation     43 
Total current assets:12913113813714215177
Noncurrent Assets
Operating lease, right-of-use asset5753 
Property, plant and equipment55585754493945
Long-term investments and receivables881010   
Long-term investments881010   
Intangible assets, net (including goodwill)480493485470550528519
Goodwill480493481464527500495
Intangible assets, net (excluding goodwill)  46242824
Estimated insurance recoveries  144  
Deferred income tax assets6883 
Total noncurrent assets:667696553538603567564
Other undisclosed assets3,5703,6273,7333,2342,9522,4472,355
TOTAL ASSETS:4,3664,4534,4243,9103,6983,1642,997
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Other liabilities 552679114
Total current liabilities: 552679114
Noncurrent Liabilities
Other undisclosed liabilities3,0413,0253,1712,7722,5422,2282,153
Total liabilities:3,0413,0803,1972,7792,5512,2382,157
Temporary equity, carrying amount   6108 
Stockholders' equity
Stockholders' equity attributable to parent, including:1,2861,3421,1691,0951,087864800
Additional paid in capital 756760546665
Accumulated other comprehensive loss(267)(246)(261)(242)(179)(252)(229)
Retained earnings1,5531,5121,3631,2761,2121,049964
Other undisclosed stockholders' equity attributable to parent0000000
Stockholders' equity attributable to noncontrolling interest38325829505339
Total stockholders' equity:1,3251,3741,2271,1241,138917840
TOTAL LIABILITIES AND EQUITY:4,3664,4534,4243,9103,6983,1642,997

Income Statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,0961,0651,017908814831942
Gross profit:1,0961,0651,017908814831942
Operating expenses(721)(716)(745)(690)(603)(612)(632)
Other undisclosed operating loss  (24)(33)   
Operating income:375350248185211218310
Nonoperating income (expense)(1)112(1)(4)(3)8
Investment income, nonoperating     (6) 
Foreign currency transaction gain (loss), before tax(1)212(1)(1)38
Other nonoperating income (expense)0(1)(0)(0)(3)  
Interest and debt expense(125)(143)(144)(124)(104)(81)(60)
Other undisclosed income from continuing operations before equity method investments, income taxes 123054  
Income from continuing operations before equity method investments, income taxes:24920911789158134258
Other undisclosed income from continuing operations before income taxes1      
Income from continuing operations before income taxes:25020911789158134258
Income tax expense (benefit)(55)(41)(20)(14)12(43)(89)
Net income:196168987616991168
Net loss attributable to noncontrolling interest(12)(18)(12)(10)(7)(6) 
Other undisclosed net loss attributable to parent      (0)
Net income available to common stockholders, diluted:183149866616285168

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:196168987616991168
Other comprehensive loss(29)(0)(19)    
Other undisclosed comprehensive income (loss)   (64)68(15)(119)
Comprehensive income:16716878122377649
Comprehensive loss, net of tax, attributable to noncontrolling interest(5)(3)(11)(10)(1)(14)(6)
Other undisclosed comprehensive income, net of tax, attributable to parent      12
Comprehensive income, net of tax, attributable to parent:1621656722366255

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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