Hertz 2007 Annual Report Download - page 91
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The following table sets forth for each of the periods indicated, the percentage of total revenues
represented by the various line items in our consolidated statements of operations:
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
Revenues:
Car rental ............... 78.3% 77.9% 79.7% 83.8% 79.6%
Equipment rental .......... 20.2 20.7 18.9 14.5 19.0
Other .................. 1.5 1.4 1.4 1.7 1.4
Total revenues .......... 100.0 100.0 100.0 100.0 100.0
Expenses:
Direct operating ........... 53.4 55.5 56.1 66.6 55.9
Depreciation of revenue
earning equipment ....... 23.1 21.8 21.4 28.4 21.3
Selling, general and
administrative ........... 8.9 9.0 8.5 9.8 8.5
Interest, net of interest income . 10.1 11.2 6.7 16.7 6.4
Total expenses ........ 95.5 97.5 92.7 121.5 92.1
Income (loss) before income
taxes and minority interest . . . 4.5 2.5 7.3 (21.5) 7.9
(Provision) benefit for taxes on
income ................. (1.2) (0.9) (2.4) 7.9 (2.6)
Minority interest ............ (0.2) (0.2) (0.2) (0.2) (0.2)
Net income (loss) ........... 3.1% 1.4% 4.7% (13.8)% 5.1%
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