Hertz 2007 Annual Report Download - page 17

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n Hertz Prestige Collection
Pictured here is the Audi A4
Cabriolet, one of our most popular
cars featured in the Hertz Prestige
Collection.
Collect Sell
n Improve Customer Terms
n Vehicle Damage Collection
n Speed to Auction
n Multiple Sales Channels
Hertz Global Holdings, Inc. 15
n Record worldwide revenues of $8.69 billion, an improvement of 7.8% over 2006.
n A 210 basis point improvement in adjusted direct operating expenses* as a percentage of
revenues.
n Income before taxes and minority interest of $386.8 million, up 92.8%; adjusted pre-tax
income* of $660.7 million, up 35.8%.
n Net income more than doubled to $264.5 million; adjusted net income* of $409.8
million, up 36.7%.
n Diluted earnings per share of $0.81 versus $0.48 per share in 2006; adjusted diluted earn-
ings per share* of $1.26, compared with $0.92 in 2006.
n Worldwide car rental revenues of $6.92 billion, up 8.5% over 2006, with adjusted pre-tax
income* of $609.1 million, up 29.0%.
n Worldwide equipment rental revenues of $1.76 billion, up 5.0%, with adjusted pre-tax
income* of $373.8 million, up 8.2%.
n For the year ended December 31, 2007, approximately one third of worldwide revenues were
generated outside of the United States, a 2.5 percentage point improvement.
*Indicates a Non-GAAP measurement presented and reconciled within the section of the Annual Report to Stockholders entitled
“Definitions and Non-GAAP Reconciliations,” which follows our Annual Report on Form 10-K included in this Annual Report.