78890--2/27/2007--BRINKS_CO

related topics
{system, service, information}
{regulation, change, law}
{tax, income, asset}
{competitive, industry, competition}
{acquisition, growth, future}
{cost, operation, labor}
{stock, price, share}
{cost, contract, operation}
{debt, indebtedness, cash}
{loss, insurance, financial}
{condition, economic, financial}
{cost, regulation, environmental}
{operation, international, foreign}
The Company has significant pension and retiree medical obligations. The Company has significant operations outside the United States. The Company operates in highly competitive industries Brink s earnings and cash flow could be materially affected by increased losses of customer valuables. Brink s earnings could be materially affected by impairment charges recorded as a result of recurring losses within certain operations or countries. BHS may not be able to sustain the expansion of its subscriber base at recently achieved growth rates. BHS intends to grow new lines of business and operating margins may suffer. BHS earnings and cash flow could be materially affected by a sudden shift in its customers selection of telecommunications services BHS earnings and cash flow could be materially affected by penalties assessed for false alarms. BHS earnings and cash flow could be materially affected by the refusal of police departments to automatically respond to calls from monitored security service companies. BHS relies on third party providers for the components of its security systems. BHS is exposed to greater risks of liability for employee acts or omissions, or system failure, than may be inherent in other businesses The Company s business operates in regulated industries. The Company could be materially affected by an unfavorable outcome related to non-payment of value-added taxes and custom duties. The Company has retained obligations from the sale of BAX Global. The Company is subject to covenants for credit facilities. The Company s effective income tax rates could change. The Company depends heavily on the availability of fuel and the ability to pass higher fuel cost to customers.

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