Hertz 2007 Annual Report Download - page 169

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HERTZ GLOBAL HOLDINGS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
We operate in the United States and in foreign countries. Foreign operations are substantially in Europe.
The operations within major geographic areas are summarized below (in millions of dollars):
Successor Predecessor
For the periods from
December 21, January 1,
2005 to 2005 to
Years ended December 31, December 31, December 20,
2007 2006 2005 2005
Revenues
United States ......................... $5,849.9 $ 5,631.2 $ 123.7 $ 5,150.5
Foreign ............................ 2,835.7 2,427.2 30.8 2,164.2
Total ............................. $8,685.6 $ 8,058.4 $ 154.5 $ 7,314.7
Depreciation of revenue earning equipment
United States ......................... $1,460.8 $ 1,333.2 $ 35.5 $ 1,179.8
Foreign ............................ 542.6 424.0 8.3 376.1
Total ............................. $2,003.4 $ 1,757.2 $ 43.8 $ 1,555.9
Depreciation of property and equipment
United States ......................... $ 130.8 $ 150.7 $ 4.6 $ 140.3
Foreign ............................ 46.3 46.5 0.9 42.1
Total ............................. $ 177.1 $ 197.2 $ 5.5 $ 182.4
Amortization of other intangible assets
United States ......................... $ 43.1 $ 43.1 $ 1.3 $ 0.1
Foreign ............................ 19.5 18.5 0.8 0.6
Total ............................. $ 62.6 $ 61.6 $ 2.1 $ 0.7
Interest expense, net of interest income
United States ......................... $ 715.7 $ 746.0 $ 22.0 $ 414.4
Foreign ............................ 159.7 154.7 3.8 59.8
Total ............................. $ 875.4 $ 900.7 $ 25.8 $ 474.2
Revenue earning equipment and property and
equipment
United States
Expenditures ........................ $7,399.9 $ 8,037.8 $ 188.9 $ 8,762.3
Proceeds from disposals ................ (5,988.1) (6,620.1) (132.2) (6,945.0)
Net expenditures .................... $1,411.8 $ 1,417.7 $ 56.7 $ 1,817.3
Foreign
Expenditures ........................ $4,138.2 $ 3,607.0 $ 54.4 $ 3,758.4
Proceeds from disposals ................ (3,325.1) (3,008.8) (69.0) (3,237.7)
Net expenditures .................... $ 813.1 $ 598.2 $ (14.6) $ 520.7
December 31,
2007 2006
Total assets at end of year
United States ..................................................... $13,553.6 $14,057.4
Foreign ......................................................... 5,702.1 4,620.0
Total .......................................................... $19,255.7 $18,677.4
Revenue earning equipment, net, at end of year
United States ..................................................... $ 7,113.0 $ 7,243.3
Foreign ......................................................... 3,194.9 2,562.2
Total .......................................................... $10,307.9 $ 9,805.5
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