Hertz 2007 Annual Report Download - page 90
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Successor Combined Successor Predecessor
For the periods from
December 21, 2005 January 1, 2005
Years Ended December 31, to December 31, to December 20,
2007 2006 2005 2005 2005
(In thousands of dollars)
Revenues:
Car rental ......... $6,800,657 $6,273,612 $5,949,921 $129,448 $5,820,473
Equipment rental . . . 1,755,330 1,672,093 1,414,891 22,430 1,392,461
Other ............ 129,644 112,700 104,402 2,591 101,811
Total revenues .... 8,685,631 8,058,405 7,469,214 154,469 7,314,745
Expenses:
Direct operating .... 4,644,148 4,475,974 4,189,302 102,958 4,086,344
Depreciation of
revenue earning
equipment ....... 2,003,360 1,757,202 1,599,689 43,827 1,555,862
Selling, general and
administrative .... 775,881 723,921 638,553 15,167 623,386
Interest, net of
interest income . . . 875,422 900,657 499,982 25,735 474,247
Total expenses . . . 8,298,811 7,857,754 6,927,526 187,687 6,739,839
Income (loss) before
income taxes and
minority interest .... 386,820 200,651 541,688 (33,218) 574,906
(Provision) benefit for
taxes on income .... (102,571) (67,994) (179,089) 12,243 (191,332)
Minority interest ...... (19,690) (16,714) (12,622) (371) (12,251)
Net income (loss) ..... $ 264,559 $ 115,943 $ 349,977 $ (21,346) $ 371,323
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